Social Equity in Cannabis
Join us for an information session on the verification process for prospective potential social equity applicants interested in entering Minnesota’s cannabis industry this summer.
Recent updates to the state’s cannabis laws have introduced a licensing preapproval and vetted lottery process specifically designed for qualified social equity applicants.
As of June 24, applicants can initiate the verification process to confirm their eligibility for social equity status. This phase closes on July 10. Verified social equity applicants can then proceed to apply for license preapproval starting July 24 until August 12, as mandated by law. Submitted applications will undergo thorough review and vetting, with qualified applicants entered into a lottery scheduled for this fall.
Interested parties can find a detailed, step-by-step guide through the verification process on Minnesota Office of Cannabis Management (OCM)’s website. Additional resources and technical assistance will also be accessible online.
All verification and preapproval processes will be conducted through OCM’s website. For more information and to stay updated, please visit OCM’s website. Detailed eligibility requirements for social equity can be reviewed at Social Equity Qualifications.
We look forward to helping community members navigate this exciting opportunity to participate in Minnesota’s emerging cannabis market.
Information Session:
Date: July 2, 2024
Time: 5:30 PM
Where: Virtual