Why Medical Marijuana Dispensaries Are Coming Online Faster Than Ever

Good news for entrepreneurs hoping to break into freshly-legal markets, and also good news for patients who want easier and quicker access to medical marijuana dispensaries: In the past year, Delaware, Illinois, Massachusetts, Minnesota, New York and Nevada have all opened their first licensed dispensaries. And according to a new chart by the Marijuana Business Daily, it's taking less time than ever to make that happen.

The shortest window between the legalization and the opening of the state's first dispensary was in Minnesota, where the process took just 13 months – one of the shortest windows in the industry's history, according to MBD columnist Becky Olson.

Although in Nevada dispensaries opened 22 months after the state approved a regulatory structure for marijuana businesses - more in line with historical averages - there are still indications, writes Olson, "that states are increasingly able to efficiently develop regulatory frameworks and license cannabis businesses in the wake of legalization."

Check out the chart below - or read Olson's full analysis here.

Latest.

The legal cannabis industry in Colorado has reached another huge milestone. On Wednesday the Colorado department of Revenue announced the state has now generated more than $1 billion from cannabis taxes since the recreational cannabis market launched in 2014. In a statement, Gov.

Can we see some ID please?

You must be 19 years of age or older to enter.