Have you heard about medical cannabis coming to North Carolina? Interested in getting into the cannabis business? One of the number one calls that I get right now is how do I get a medical cannabis license.
Hey, I’m Morgan Davis. I’m an attorney focused on cannabis and business in North Carolina. Let’s talk about how to keep your business protected and thriving. The truth of the matter is, is that most existing North Carolina Hemp cannabis businesses are not going to be eligible. The requirements under the way that SB 711 is currently written are really stringent. Right now, they’re only gonna give out 10 licenses for the entire state. Vertical integration is mandatory and the cash required to have on hand is high. But that doesn’t mean that you can’t get involved. Hemp and cannabis businesses in North Carolina should know that the door is opening for medical cannabis in North Carolina, and now is the time to prepare for the future. Just because you’re not eligible for a license right now doesn’t mean that you can’t get involved. Give me a call today and let’s talk about how your business can pivot for medical cannabis.
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THIS VIDEO IS MEANT TO ASSIST IN A GENERAL UNDERSTANDING OF THE CURRENT LAW AND PRACTICE RELATING TO THE TOPICS DISCUSSED. IT IS NOT TO BE REGARDED AS LEGAL ADVICE. COMPANIES OR INDIVIDUALS WITH PARTICULAR QUESTIONS SHOULD SEEK THE ADVICE OF COUNSEL.