STATE PROGRAMS

Kentucky

Last Updated: May 2024

Kentucky Green Check Verified

NOTE: Medical marijuana has been legalized via statute in Kentucky but the program is still taking shape. Licensing may begin as early as Summer 2024 with sales in early 2025.

Kentucky Program Overview

Medical

  • Senate Bill 47 (2023)
    • Kentucky Revised Statutes, Chapter 218B
      • https://apps.legislature.ky.gov/law/statutes/chapter.aspx?id=53446

License Types (Proposed)

  • Tier I cannabis cultivator
  • Tier II cannabis cultivator
  • Tier III cannabis cultivator
  • Tier IV cannabis cultivator
  • Cannabis dispensary
  • Cannabis processor
  • Cannabis producer
  • Cannabis safety compliance facility

Geography

Regulatory Agency

  • Medical Cannabis Program, Cabinet for Health and Family Services
    • https://kymedcan.ky.gov/Pages/index.aspx

  • https://kymedcan.ky.gov/FAQs/Pages/Banking-and-Taxes-Questions.aspx
    • “Licensed cannabis businesses in the Commonwealth of Kentucky are responsible for obtaining and maintaining their own commercial bank accounts with their financial institutions. Anyone anticipating seeking a cannabis business license is encouraged to work with their financial institution directly to ensure that banking services will be available. Nationally, credit unions have been more willing to work with cannabis businesses than federal and state-chartered banks.”
    • “Anyone seeking a cannabis business license is encouraged to work with their financial institution directly to understand what, if any, additional fees will be charged to their account. Nationally, licensed cannabis businesses that are allowed to bank with a financial institution are typically charged higher fees than other industries.”

Announcements

  • https://kymedcan.ky.gov/Pages/index.aspx

Cabinet for Health and Family Services