Notable Players
No MSOs currently

A Deeper Look At This State

Regulatory Framework

The regulatory framework in Iowa is extremely restrictive; only patients with severe medical conditions, such as cancer and terminal illness, can participate in this market.

In February of 2023, House Democarats introduced bill SF79 which aims to legalize adult use cannabis up to 30g of flower, 5g of concentrate, and 50mg of THC. There has been little to discuss following the announcement but with adult use sales beginning in Minnesota in August 2023, there is some mounting preassure in the Hawkeye state.

Notable Market Activity

There is no notable market activity at this time.

What's the Play?

Watch for this market to evolve slowly. As with all nascent medical markets, conditions such as chronic pain and anxiety will likely be the catalysts for this market to become relevant.

Market Snapshot

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

594/273

By The Numbers

Population

~3.2MM

21+ Population

~2.3MM

Annual Tourists

~
30
MM

Medicinal Legalization

2017

Adult-Use Legalization

N/A

First Adult-Use Sales

N/A

MMJ Patients

~17K

Monthly Revenue

~$1.1MM

Cultivation Cap

No Limit

Cultivation Licenses

2/2 (Operational/Limit)

Retail Licenses

5/5 (Operational/Limit)

Retail License Cap per Operator

5

Vertical Integration

Allowed

Delivery

Not Allowed

MMJ Qualifications

Highly Restrictive

Adult Population/ # Retail Licenses

Accepts Out of State MMJ

No

MMJ Patients / # Retail Licenses

~3.4K

Top Cultivators

Notable Market Activity

Quick sentance is needed or wanted

Quick sentance is needed or wanted

Quick sentance is needed or wanted

Proprietary Sharp Capital Advisors data - compiled using various sources including state and local government data

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Co-Founder & CEO
West Palm beach
Co-Founder
WEst palm beach
Managing Director
Los Angeles
Shit We Don't Know

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