In April, Pennsylvania joined 23 other states and the District of Columbia in legalizing marijuana for medical use.
While time will tell how the passage of medical marijuana affects all of us, it undoubtedly will be really great for the entities that are granted exclusive permits to engage in the business of medical marijuana. These permits will authorize so-called “medical marijuana organizations” to grow, process or distribute medical marijuana. Pennsylvania has authorized 25 grow/processing permits and 50 dispensary permits with each dispensary permitee empowered to open three locations for up to 150 dispensaries. These permits are expected to be extremely valuable and numerous applicants have already begun to jockey for them. Indeed, how and to whom these permits are awarded stands as a primary challenge for the successful implementation of medical marijuana in Pennsylvania.
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