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First medical marijuana business license approved in Kentucky [Video]

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Startup Business

The state received nearly 5,000 applications for medical cannabis business licenses.

FRANKFORT, Ky. — Kentucky awarded the first business license for its startup medical cannabis program on Thursday, selecting a laboratory that will be assigned to test the products before being offered to patients.

Gov. Andy Beshear called it another step toward ensuring that Kentuckians suffering from a list of serious illnesses have access to safe products when the program launches at the start of 2025.

The first license went to KCA Labs, a hemp-testing facility operating in Nicholasville, Kentucky, he said.

“I love that the first license is going to an entity that helps us do this safely,” Beshear said at a news conference in Frankfort.

Kentucky will use a lottery system to award initial licenses to businesses wanting to sell, process or grow medical marijuana for patients in the Bluegrass State.

But there’s no limit on the number of initial licenses being …

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