On December 12, 2016, the Rhode Island Department of Business Regulations (“DBR”) filed its Medical Marijuana Program Final Rules and Regulations with the Rhode Island Secretary of State affecting cannabis entrepreneurs interesting in obtaining a cannabis cultivator license. The newly adopted regulations are a result of public comment received from November 7, 2016 through December 7, 2016 regarding the agency’s Emergency Regulation 1- Licensed Cultivators, published in October and operative through December 31, 2016. The DBR’s final rules and regulations will take effect on January 1, 2017 and will supersede the emergency regulations. Rhode Island cannabis cultivator licenses permits growers to cultivate and sell medical marijuana to dispensaries. The final rules and regulations reflect important changes that applicants and those contemplating starting applications must be aware of to meet the regulatory requirements of the DBR to obtain licensed cultivator status. The Concise Explanatory Statement summarizes the public comments and what action was taken by the DBR.
Interested parties should continue to expect a highly competitive application process. PLDO has been monitoring this area of business opportunity and will continue to report on further developments. If you are interested in learning more about the cannabis industry or need assistance in reviewing the final rules and regulations or completing the cultivators license application, please contact business attorney Benjamin L. Rackliffe, who is highly experienced in cannabis industry law, at 401-824-5100 or email [email protected]. We welcome your comments, questions and suggestions.