Notable Players
No MSOs currently

A Deeper Look At This State

Regulatory Framework

Full legalization has bipartisan support in Louisiana but the House Bill 699 lost by a vote of 48-47 in late May 2021.

The currently medical legislation is extremely restrictive. Flower and edibles are prohibited at this point, making Louisiana one of the least attractive US markets. Expect Louisiana to follow suit with the rest of the south in the near future.

What's the Play?

This market is still in its infancy. Watch for Louisiana to relax medical conditions before state revenue becomes attractive enough for serious investment or acquisition.

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

~4.6MM

Medicinal Legalization

2016

Adult-Use Legalization

N/A

MMJ Patients

~5K

Monthly Revenue

~$2.3MM

Cultivation Cap

No Limit

Cultivation Licenses

2/2 (Issued/Limit)

Retail Licenses

9/10 (Issued/ Limit)

Retail License Cap per Operator

Unclear

Vertical Integration

Not Allowed

Delivery

Not Allowed

MMJ Qualifications

Highly Restrictive

State Population / # Retail Licenses

Annual Tourists

~
53
MM

Accepts Out of State MMJ

No

MMJ Patients / # Retail Licenses

~500

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
Shit We Don't Know

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