Delaware

Market Map

Delaware
Cannabis Market

Delaware Cannabis Market At-A-Glance

Overall Rating: B-

The Delaware cannabis market has been slowly growing since legalization. The state is on the road to adult-use legalization, especially since Delaware is so close to surrounding states that have already legalized recreational cannabis.

Medical Use: Yes

Adult Use: No

Market Potential

No market potential in Delaware since there are only 3 dispensaries allowed.

Licensing

B-

Strict and expensive.

Competition

With 3 licensed operators in a small state, competition is moderate.

Tax/Regulatory Structure

A+

No tax

Delaware Cannabis Details

Population (Rank)

973,764

Size/Density

460.8 sq. miles

Medical Cannabis?

Yes

2014

Adult-Use Cannabis?

2020 Medical Sales

2022 Projected Medical Sales

$10,000,000

$12,000,000

+20%

2020 Adult Use Sales

2022 Projected Adult Use Sales

$67,000,000

Regulatory Agency

Delaware Health and Social Services, Division of Public Health, Office of Medical Marijuana

https://dhss.delaware.gov/dhss/dph/hsp/medmarhome.html

# of Dispensaries (allowed/issued)

# of Cultivators (allowed/issued)

Encompassed by compassion centers

# of Manufacturers (allowed/issued)

Encompassed by compassion centers

# of Testing Labs (allowed/issued)

Delaware entered into a contract with AgroLab Organics

Vertical Integration?

Allowed

Residency Requirements?

None

Social Equity?

Has been proposed

Cannabis Taxes

Combined Tax Rate

None

Excise Tax

None

Retail Sales Tax

None

Local Sales Tax

None

State Sales Tax

None

Cultivation Tax

None

Licensing Fees (per year)
^{*Varies based on gross revenue}

Compassion Center Fee | Renewal

$40,000 | $40,000

Application Fees

Compassion Center

$5,000

13/09/2021

Market Map

Delaware Cannabis Market At-A-Glance

Delaware Cannabis Details

Cannabis Taxes

Licensing Fees (per year) *Varies based on gross revenue

Application Fees

Licensing Fees (per year)
^{*Varies based on gross revenue}