Alabama regulators designate universities to score medical marijuana applications

Unlike other states, Alabama's marijuana regulator has designated a state university to score applications for medical marijuana business. According to AL.com, the Alabama Medical Marijuana Commission commissioned the University of South Alabama to find "professionals to review, evaluate and score" business license applications for the state's upcoming MMJ industry. The university will evaluate several business metrics, including: financial capability, business/management practices, operational plans and procedures, facility suitability and infrastructure, safety plans, quality control, marketing and advertising. Evaluators are expected to begin receiving applications in mid-April and review them by May 26. It is unclear when sales will begin, likely in late 2023. mJBizDaily expects Alabama's MMJ market to generate $80 million to $90 million in sales in the first year, increasing to $450 million to $545 million in the fourth year of the program.

Information source: new.qq.com/omn/author/8713560