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Upcoming Cannabis License Application Opportunities

Upcoming Cannabis Business Licenses

Stay Ahead of the Industry

Key Cannabis Licensing Opportunities. Strategic Insights. No Guesswork.

next cannabis licensing rounds in 2025
1
USVI

USVI begins accepting cannabis cultivation licenses.

2
Rhode Island

Rhode Island will accept applications for 24 adult-use dispensary licenses. Learn more.

3
Missouri

Missouri will accept its third round of microbusiness license applications. Learn more.

4
USVI

USVI will begin accepting license applications for remaining types. Learn more.

5
Maryland

Maryland’s second round of adult-use cannabis licenses will open. Learn more.

6
Nebraska

Nebraska will issue its first medical cannabis licenses. *(No specific link provided)*

7
North Carolina

North Carolina may open applications for medical cannabis licenses. Learn more.

next cannabis licensing rounds in 2025

U.S. Virgin Islands – Cultivation Licenses Open March 31, 2025

Application Window:

🌿 Cultivation Licenses (Micro & Standard): Opens March 31, 2025

Available Licenses (Per Island):

St. Thomas – 15 Cultivation Licenses
St. John – 5 Cultivation Licenses
St. Croix – 15 Cultivation Licenses

The U.S. Virgin Islands (USVI) will officially open applications for adult-use cannabis cultivation licenses on March 31, 2025. Both standard and micro-cultivation licenses will be available, with license caps set by island.

Licenses will be issued via a merit-based scoring system, meaning only top-tier applications will be approved. Applicants are evaluated on experience, security plans, financial readiness, and local community engagement.

📢 Key Takeaway: This is a limited opportunity to secure a cultivation license in a newly launching U.S. territory. The application process is competitive—early preparation is critical.

📖 Work with our USVI cannabis cultivation consultants. 

Rhode Island – New Retail Dispensary Licenses (2025)

Application Window: Expected Q3 2025

Available Licenses:

  • 24 Retail Dispensary Licenses

Rhode Island currently has six operating dispensaries, but the state is set to issue up to 24 additional retail licenses in 2025.

📢 Key Takeaway: This expansion provides one of the few retail licensing opportunities in the New England cannabis market.

📖 Learn more from our Rhode Island cannabis consultants.

Missouri – Round 3 Microbusiness Licenses (Q3 2025)

Application Window: Expected Q3 2025

Available Licenses:

  • 16 Microbusiness Dispensary Licenses
  • 32 Microbusiness Wholesale Licenses

Missouri launched its adult-use cannabis market in 2023, and two rounds of microbusiness licensing have already been completed. The third round is expected in Q3 2025, continuing the state’s lottery-based licensing system.

📢 Key Takeaway: Missouri’s microbusiness licenses offer a low-barrier entry into a growing market.

📖 Explore licensing opportunities from our Missouri cannabis consultants.

U.S. Virgin Islands – Additional License Types Expected Mid to Late 2025

Application Window:
🏪 Retail Dispensary, Manufacturing, Testing, Lounge, & More: Expected Mid to Late 2025

Estimated Available Licenses (Across All Islands):

  • 17 Dispensary Licenses
  • Manufacturing Licenses (No Cap)
  • Testing Facility Licenses
  • Adult-Use Lounge Permits
  • Research & Development Licenses

Following the cultivation license rollout, the Office of Cannabis Regulations (OCR) is expected to open licensing for the remaining business types—including dispensaries, manufacturers, testing labs, and on-site consumption lounges—later in 2025.

The application process will remain merit-based, with scoring criteria that heavily favor applicants with local ties, operational readiness, financial strength, and social equity alignment.

📢 Key Takeaway: These licenses will allow you to tap into the full retail and processing supply chain in the Virgin Islands. Due to the limited number of retail licenses and strong market demand, competition will be fierce.

📖 Connect with our USVI cannabis consultants to start preparing early.

Maryland – Second Round of Adult-Use Licenses (2025)

Application Window: Late 2025 (Date TBD)

Available Licenses:

  • 25 Cultivation Licenses
  • 25 Processing Licenses
  • 120 Dispensary Licenses
  • 10 Incubator Licenses
  • 15 On-Site Consumption Licenses

Maryland issued its first round of adult-use cannabis licenses in 2024 through a lottery system, awarding 205 new licenses across multiple categories. The Maryland Cannabis Administration (MCA) is expected to announce the second round in mid-2025.

📢 Key Takeaway: If you’re looking to enter Maryland’s high-growth cannabis market, now is the time to start preparing.

📖 Learn more from our Maryland cannabis consultants.

Nebraska – First Medical Cannabis Licenses (Q3 2025)

Application Window: Late 2025 or Early 2026

Available Licenses: TBD (Pending Regulations)

In November 2024, Nebraska voters passed a medical cannabis legalization measure, and the state is now establishing its regulatory framework. The first licenses are expected to be issued in Late 2025 or Early 2026.

📢 Key Takeaway: Nebraska’s medical cannabis market is just beginning—this is an opportunity to enter before competition intensifies.

North Carolina – Medical Cannabis Licensing (Mid 2026)

Application Window: Expected Mid-2026
Available Licenses: TBD (Pending Regulations)

📢 Key Takeaway: North Carolina is expected to legalize medical cannabis in 2026, making it one of the last major East Coast markets to launch a cannabis program.

📖 Work with our North Carolina cannabis consultants.

Why Choose Quantum 9?

  • Proven Track Record: Since 2012, Quantum 9 has successfully guided businesses globally through complex regulatory landscapes, securing licenses and maximizing operational efficiency.
  • Industry Expertise: Our team of seasoned cannabis consultants & psilocybin consultants combine decades of experience, delivering cutting-edge strategies tailored to meet the evolving needs of the highly-regulated industries.
  • Customized Solutions: We offer tailored consulting services from market entry strategies to compliance and business optimization, ensuring that your cannabis business is set up for long-term success.
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Cannabis Business Planning

Use our elegant business plans to present to investors, build local support, and get a head start on your license application

License Application Consulting

Sit back and allow us to write your application, assist with facility design, team recruitment, municipal approval, and more.

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Ensure your business thrives post-licensure with expert support in compliance, facility operations, staffing, and performance optimization.

Mergers & Acquisitions

Our cannabis consultants offer sell-side and buy-side advisory services for mergers and acquisitions.

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