The Minnesota Office of Cannabis Management (“OCM”) conducted its license lottery for social equity applicants on June 5, 2025. Lottery winners received preliminary approval and must secure a business location and, in many...more
7/11/2025
/ Business Ownership ,
Cannabis-Related Businesses (CRBs) ,
Capital Raising ,
Financing ,
Investment ,
Investment Funds ,
Licensing Rules ,
Regulatory Requirements ,
SAFE ,
Securities Regulation ,
Social Equity Programs ,
Startups ,
State and Local Government ,
Venture Capital
The Minnesota Office of Cannabis Management (“OCM”) has begun issuing final denials to the overwhelming majority of previously qualified social equity applicants (“SEA”s) ahead of its first statewide cannabis lottery on...more