Louisiana

Market Map

Louisiana
Cannabis Market

Louisiana Cannabis Market At-A-Glance

Overall Rating: A-

Medical cannabis was legalized in Louisiana in 2015. The cannabis market is small in this state, but is expected to boom by 2022. Possession of cannabis in Louisiana was decriminalized in 2021, and the state has hopes of a recreational market in the near future.

Medical Use: Yes

Adult Use: No

Market Potential

The Louisiana medical market is small; there is not market potential with only 10 pharmacies allowed.

Licensing

A+

Licensing is very inexpensive.

Competition

Competition in LA is great for medical pharmacies, as there are only 9 in the state.

Tax/Regulatory Structure

Low state sales tax.

Louisiana Cannabis Details

Population (Rank)

4,649,000

#24

Size/Density

105 sq. miles

#24

Medical Cannabis?

Yes

2015

Adult-Use Cannabis?

2020 Medical Sales

2022 Projected Medical Sales

$5,000,000

$44,000,000

+780%

2020 Adult Use Sales

2022 Projected Adult Use Sales

Regulatory Agency

Louisiana Board of Pharmacy & Department of Agriculture and Forestry

https://www.ldaf.state.la.us/medical-marijuana/

# of Dispensaries (allowed/issued)

# of Cultivators (allowed/issued)

1,115

# of Manufacturers (allowed/issued)

Integrated with cultivation

# of Testing Labs (allowed/issued)

Vertical Integration?

NA, but also not really possible

Residency Requirements?

Social Equity?

Yes

Cannabis Taxes

Combined Tax Rate

Excise Tax

Retail Sales Tax

Local Sales Tax

State Sales Tax

Cultivation Tax

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

Pharmacy Permit

$25

Annual Renewal for Pharmacy Permit

$125

Application Fees

Pharmacy

$5,000

13/09/2021