No applicants yet for Arkansas’ medical MJ business licenses

Would-be medical cannabis growers and dispensary owners have been able to submit applications for business permits for the past week and a half, but none have done so yet. Of course, hopeful marijuana businesses still have more than two months until the Sept. 18 deadline to apply for the five cultivation licenses and 32 dispensary permits. So, while it’s too early to draw any conclusions from the lack of applications, the hefty financial requirements may have discouraged some applicants: Each grow applicant must prove access to $1 million in assets and $500,000 in capital, ... No applicants yet for Arkansas’ medical MJ business licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs