CannDev has launched in Mississippi and currently securing compliant retail real estate. We are actively tracking the state and continuously reaching out to cities to verify they have licenses available and are accepting new applications.
How many licenses are available?
There is no cap on licenses at the state level. Each city will decide how many licenses they will allow for. Sometimes there are no caps on licenses and having the best real estate location means you will have more access to customers. Other times it’s a competitive merit based process and with limited licenses means higher revenue potential for each store.
What’s the process to apply?
Applications will be processed in the order in which a completed application is filed, and licenses will be issued on a first come first serve basis. The Department of Revenue (DoR) enforces the Mississippi Medical Cannabis Act in collaboration with Mississippi State Department of Health. The Alcoholic Beverage Control Enforcement Division within the DoR handles licensing and regulating dispensaries. The DoR will have 30 days to process a completed application.
212 out of 298 cities in Mississippi opted in for cannabis retail, and 63 out of 82 counties in Mississippi opted in for cannabis retail. Click here to see CannDev’s Opt In map.
Is real estate required?
Real estate will be required to be approved for a retail store in Mississippi. Proof of real estate could include a Deed of Trust, Lease Agreement, or Contingent Agreement.
CannDev is currently working in Mississippi to identify and secure compliant retail locations in the cities with the most opportunity for strong revenues. We are currently focused on the following markets:
- Ocean Springs
- Olive Branch
- South Haven
- Moss Point
To discover more information about the regulations in Mississippi and gain access to our compliant retail deals please click the link below and fill out the form.