Alaska opened its adult use marijuana business license application process on Wednesday, with 68 businesses starting their online paperwork, according to a release from the state’s Alcohol & Marijuana Control Office.
The state’s Marijuana Control Board (MCB) will likely start reviewing applications that were submitted this week by mid-March, the release said. There is no cap on how many licenses will be awarded, and no application deadline. Instead, the board will accept applications on a rolling basis.
The MCB expects to approve the first testing and cultivation licenses by early June, while product manufacturing and retail store licenses will be processed afterwards and likely awarded in September.
The board said it wants to issue cultivation and testing licenses first so that the legally grown cannabis that is produced will have been tested and tracked before product manufacturers and retail stores begin to buy it.