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Home 🌿 Marijuana Business News 🌿 Want to open a marijuana business in Alaska? Rules are changing 🌿Want to open a marijuana business in Alaska? Rules are changing
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JUNEAU, Alaska — The board tasked with writing rules for Alaska’s recreational marijuana industry backtracked Tuesday and adopted stricter residency requirements for applicants for pot business licenses.
The Marijuana Control Board scuttled a rule adopted last month that would use the residency requirements needed to vote in Alaska in favor of using the more stringent standards needed to qualify for the yearly check from Alaska’s oil wealth fund.
During a meeting Tuesday in Anchorage the board approved using the residency requirements for the Permanent Fund Dividend, which include being a resident of the state for a full calendar year.
Colorado, Washington and Oregon — the other states that have legalized recreational marijuana — have residency requirements ranging from six months in Washington to two years in the other states. In Washington and Colorado, those requirements apply to business applicants and investors. In Oregon, majority ownership...
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