Mississippi is now open
for cannabis retail
CannDev in Mississippi
CannDev has launched in Mississippi. This market are now open for cannabis and are accepting applications for medical retail licenses.
Our compliance team is actively tracking the state and continuously reaching out to cities to verify they have licenses available and are accepting new applications. This helps inform which cities are best to enter for ease of licensing, along with analyzing the areas with the most revenue potential. Such as cities near state borders or areas that have nearby cities that have opted out.
Currently we are working on securing compliant retail locations in the following markets:
- Ocean Springs
- Olive Branch
- Moss Point
If you’re interested in opening a retail store in Mississippi and would like to get access to our Off Market Deals please sign up here.
Take a look at CannDev’s opt in map showing which cities allow for retail stores in Mississippi
Out of 298 cities in Mississippi 212 opted in for cannabis retail. Out of 82 counties in Mississippi 63 opted in for cannabis retail. Take a look at our opt in map on this page to review which cities are currently allowing for cannabis retail.
Applications opened at a state wide level in Mississippi July 1, 2022 and there is no definitive closing date.
There is no cap on licenses at the state level. Each city will decide how many licenses they will allow for. Sometimes there is 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.
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. Investigations will be initiated based on the order in which a complete application is filed.
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.
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. Land Survey by a Mississippi-licensed surveyor proving that the main entrance of the dispensary is not within buffers / setbacks.
Payment of $40,000 is required to apply. Which includes a $15,000 application fee, and a $25,000 license fee.
Note: All $40,000 will be refunded if denied due to 1,500’ buffer from another dispensary. If denied due to any other reason, including violation of other distance restrictions, $25,000 application fee will be returned.
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