Saipan-- The CNMI Cannabis Commission has issued the commonwealth’s first commercial licensee to Slider Marianas, LLC on March 12, marking the birth of its newest industry.
The issuance of the Production Class I commercial license allows for the legal planting, cultivation, growth, harvesting, drying and sale of cannabis to licensed wholesalers, processors, retailers, lounges, laboratories and/or research certificate holders in the CNMI.
In queue are several commercial applications for review and approval, a handful of which have already received Approval in Principle (AIP) letters from the Commission.
An AIP letter certifies that the Commission has reviewed the applicant’s submission with the determination that most of the applicant document submissions have been completed and approved for licensure pending the fulfillment of specific requirements in accordance to the Cannabis Commission’s rules and regulations and CNMI Public Laws 20-66 and 21-05.
The commission foresees the licensure of retailers in the very near future as a select few applicants are close to meeting all requirements pending inspection of the onsite premises.