Pennsylvania currently only sells marijuana to medical marijuana patients.
As a business owner who is interested in opening a dispensary in Pennsylvania it is important to know the current market size. Medical marijuana markets are smaller than recreational/adult use markets which will significantly impact the profitability of a dispensary.
While operating in a medical marijuana only state may sound arduous given the limited market size it is important to keep in mind that in many states, once cannabis becomes recreationally legal, preference for recreational dispensary licenses goes to the businesses which obtained medical marijuana licenses and served patients regardless of the decreased revenue flow.
As a business owner who is interested in opening a dispensary in Pennsylvania it is important to know the current market size. Medical marijuana markets are smaller than recreational/adult use markets which will significantly impact the profitability of a dispensary.
MEDICAL MARIJUANA ACT - ENACTMENT
Act of Apr. 17, 2016, P.L. 84, No. 16
Establishing a medical marijuana program; providing for patient and caregiver certification and for medical marijuana organization registration; imposing duties on the Department of Health; providing for a tax on medical marijuana organization gross receipts; establishing the Medical Marijuana Program Fund; establishing the Medical Marijuana Advisory Board; establishing a medical marijuana research program; imposing duties on the Department of Corrections, the Department of Education and the Department of Human Services; and providing for academic clinical research centers and for penalties and enforcement.