{"id":19961,"date":"2017-10-04T13:25:53","date_gmt":"2017-10-04T21:25:53","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/04\/pa-medical-marijuana-cultivation-license-on-the-market-for-20m\/"},"modified":"2017-10-05T12:45:34","modified_gmt":"2017-10-05T20:45:34","slug":"pa-medical-marijuana-cultivation-license-on-the-market-for-20m","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/04\/pa-medical-marijuana-cultivation-license-on-the-market-for-20m\/","title":{"rendered":"PA medical marijuana cultivation license on the market for $20M"},"content":{"rendered":"<\/p>\n<p>Pennsylvania\u2019s medical marijuana program isn\u2019t even operational and\u00a0cultivation licenses already <a href=\"http:\/\/www.philly.com\/philly\/business\/cannabis\/wanna-grow-marijuana-company-selling-permit-for-20-million-20171004.html\" target=\"_blank\" rel=\"noopener\">are being shopped around<\/a>.<\/p>\n<p>The Philadelphia Inquirer obtained a confidential prospectus that includes an offer to sell 100% of Franklin Labs \u2013 one of 12 MMJ <a href=\"https:\/\/mjbizdaily.com\/pennsylvania-issues-medical-marijuana-licenses-12-growers\/\" target=\"_blank\" rel=\"noopener\">cultivation license winners<\/a> \u2013 for $20 million.<\/p>\n<p>The newspaper confirmed with the company\u2019s CEO that the license is for sale, but the state has explicitly said no permit may be sold or transferred without approval from the health department.<\/p>\n<p>To obtain its Pennsylvania cultivation license, Franklin Labs <a href=\"https:\/\/mjbizdaily.com\/pennsylvania-releases-medical-cannabis-business-applications\/\">had to pay<\/a> a $10,000 application fee and $200,000 for<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/pa-medical-cannabis-cultivation-license-market-20-million\/\">PA medical marijuana cultivation license on the market for $20M<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/pa-medical-cannabis-cultivation-license-market-20-million\/\" target=\"_blank\">PA medical marijuana cultivation license on the market for M<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pennsylvania\u2019s medical marijuana program isn\u2019t even operational and\u00a0cultivation licenses already are being shopped around. The Philadelphia Inquirer obtained a confidential prospectus that includes an offer to sell 100% of Franklin Labs \u2013 one of 12 MMJ cultivation license winners \u2013 for $20 million. The newspaper confirmed with the company\u2019s CEO<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/04\/pa-medical-marijuana-cultivation-license-on-the-market-for-20m\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,5,1895,303,1568,19],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/19961"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=19961"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/19961\/revisions"}],"predecessor-version":[{"id":19962,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/19961\/revisions\/19962"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=19961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=19961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=19961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}