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A lot is riding on cannabis license lottery - Providence Business News

A lot is riding on cannabis license lottery THE STATE OF RHODE ISLAND is seeking to create a lottery system to grant six new licenses for medical-marijuana dispensaries by May 14. / AP FILE PHOTO With Rhode Island poised to issue licenses for six new cannabis dispensaries, some applicants say the selection process will hamper the chances of experienced in-state applicants getting any of the potentially lucrative licenses. The state is planning to hire an independent third party to establish and operate a lottery system to determine who will get the six licenses, a process that state officials believe will avoid the effects of favoritism and influence. The winners will be granted licenses to dispense medically prescribed cannabis and cultivate the product, too.

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