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. A Bill to remove jail time and limit fines for possession was signed into law in June of 2021. The Governor also signed a Bill in June 2021 to allow smokeable flower as part of their restrictive medical marijuana program.

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

Annual Tourists

~
53
MM

Medicinal Legalization

2016

Adult-Use Legalization

N/A

First Adult-Use Sales

N/A

MMJ Patients

no formal registry

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

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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