How Much Does Medical Marijuana Cost in Kentucky?

How Much Does Medical Marijuana Cost in Kentucky?

Currently, there are no licensed dispensaries in Kentucky where medical marijuana can be purchased legally. With Kentucky recently legalizing medical marijuana, its medical cannabis program is due to commence on January 1, 2025. The cost of medical marijuana will be determined when dispensaries start operating in Kentucky.

Can You Use a Credit Card at a Dispensary in Kentucky?

When licensed dispensaries open in Kentucky, they are unlikely to accept credit cards for the payment of medical marijuana orders. This is because US banks and credit companies are reluctant to process marijuana transactions since cannabis is an illegal substance at the federal level.

Does Kentucky Tax Medical Marijuana Sales?

The Senate Bill 47 makes provisions for taxing medical marijuana sales in Kentucky. However, the actual tax rate will be decided before the state’s medical cannabis program commences in 2025.

Does Recreational Marijuana Cost More than Medical Marijuana in Kentucky?

Recreational marijuana is currently illegal in the State of Kentucky.

How to Save Money on the Cost of Medical Marijuana in Kentucky

Kentucky may establish a program that offers lower medical marijuana prices to certain groups like veterans, seniors, and indigents when the medical cannabis law becomes effective in 2025. Like other states, Kentucky licensed dispensaries are likely to offer discounts and encourage medical cannabis patients to participate in their loyalty programs in order to save on the cost of medical marijuana.