RECREATIONAL CANNABIS DISPENSARY LICENSES

LICENSE OPPORTUNITY OVERVIEW

We’re excited to share some incredible news: we’ve secured two open retail cannabis licenses in Delaware through the state’s highly competitive lottery process. Out of just 30 licenses awarded statewide—15 for social equity and 15 for open retail—we are proud to claim two of the open retail licenses. These licenses allow operators to establish operations in Kent County, home to Dover, the state capital and second-most populous city, and New Castle County, home to Wilmington, Delaware’s largest city, and bordering Philadelphia, a region with limited cannabis outlets. With these open licenses, we avoid the complexities of ownership transfer often associated with social equity licenses, allowing for a seamless and efficient start. This positions us perfectly to serve two of Delaware’s most vibrant regions, meeting growing demand in both urban and coastal communities.

Key Highlights:

Seamless Ownership Process: Open retail licenses enable a quick and hassle-free start to operations.

Exclusive Kent County Presence: Secured one of only three licenses in this historic and coastal region.

High-Potential New Castle County: Positioned in a densely populated area with proximity to underserved Philadelphia.

Strategic Market Positioning: A unique opportunity to serve Delaware’s growing cannabis market across key regions.

‍