Kentucky businesses prepare for medical cannabis LEX 18 News – Lexington, KY
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RICHMOND,Ky.(LEX18)—Kentuckyhasbeentalkingaboutmedicalcannabisforyears;now,thereisjustalittleover30daysuntiltheideastartstobecomearealityforlocalbusinesses.
JamesAnderson,ownerofJB’sGrowShopinRichmond,sayshe’shadonebusinessdreamonhismindforaverylongtime:toopenJB’sorJointBrother’sCannabisCompany.
“I’mmoreintothegeneticsofit.I’drathercreate20strainstohelp20differentpeoplethangrowamillionpoundsofpot,”saidAndersonabouthisdream.
Afteryearsofdiscussionamonglawmakers,heandotherswillbeabletoopenamedicalcannabisbusinessinKentuckyinJanuary.ThestatewillstarttakingapplicationsfrompeoplelookingtogetintothebusinessonJuly1.
However,theprocesstogetthererequiresthousandsofdollarswithnoguaranteesorrefunds.
Forexample,small-scalecultivatorslikeAndersonarehopingtobecomearelookingatanapplicationfeeof$3,000plusaninitiallicensingfeeof$12,000.That’sforthesmallestscaletierof
