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How marijuana reclassification could impact Kentucky business [Video]

Categories
Medical Marijuana

If the DEA classifies marijuana as a less dangerous drug, the impact on Kentucky’s prospective medical marijuana industry could be “significant,” officials said.

LOUISVILLE, Ky. — Kentucky has been on the pathway of greenlighting marijuana for medical use for nearly two years.

Though the actual cultivation of cannabis in the commonwealth could soon be a reality as Beshear signed House Bill 829 into law in April.

This means potential growers and sellers would be able to apply for licenses beginning July 1, six months earlier than the January 2025 deadline originally set. The applications would be handled by the Kentucky Medical Cannabis Program and overseen by the Cabinet for Health and Family Services. 

The available licenses would be for cultivation, processing and dispensaries.

It doesn’t mean there would be a full legalization, but the penalties for having small amounts of the drug would be less severe.

What is the proposed federal change?

Right now, marijuana is …

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