Delaware Cannabis Business License Opportunities
By Jerrico Perez
Sep 6, 2024
If you’re interested in entering the upcoming Delaware adult-use cannabis market, time is running out to apply!
The Delaware Office of the Marijuana Commissioner (OMC) is accepting cannabis business license applications for adult-use cultivators, manufacturers, retailers, and testing facilities through September 30, 2024. Applicants will be selected for licensure via a qualified lottery.
This licensing round is open to social equity and non-social equity applicants. Property is not required to apply but must be obtained within 18 months of conditional licensure. There are no residency requirements.
What applications are available?
| License Type | Total Open Licenses | Total Social Equity Licenses | Total Microbusiness Licenses |
|---|---|---|---|
|
Marijuana Cultivation Facility (indoor facility with canopy area ≤ 2,500 sq ft or an outdoor facility with canopy area ≤ 1 acre) |
N/A | 10 | 20 |
|
Marijuana Cultivation Facility (indoor facility with canopy area > 2,500 sq ft or an outdoor facility with canopy area > 1 acre) |
20 | 10 | N/A |
|
Marijuana Product Manufacturing Facility |
10 | 10 | 10 |
| Retail Marijuana Store | 15 | 15 | N/A |
| Marijuana Testing Facility | 3 | 2 | N/A |
What are the application requirements?
Application requirements include but are not limited to, owner disclosures and several narrative plans, such as:
- Business Plan
- Security and Diversion Plan
- Operating Plan
- Social Responsibility Plan
How will licenses be awarded?
Applications that meet the minimum requirements will be entered into a lottery overseen by the Commissioner.
Are there any application restrictions?
An applicant may not apply for any license that would result in the applicant, or a person with a financial interest, owning or operating more than one marijuana establishment of the same license type in a single county.
Interested in applying for a Delaware cannabis license? Contact us today!
Vicente’s unparalleled licensing team can help you get your application over the finish line. From business formation and strategic guidance to creating business plans, pro forma financial statements, operating plans, and security plans, we are here to assist you throughout the license application process and beyond. Reach out to partner Jerrico Perez at 303-860-4501 or via email to get started.