Minnesota’s adult-use cannabis market is officially taking shape. At the end of the summer, the state’s Office of Cannabis Management (OCM) began approving its first round of licenses—a historic milestone in launching a regulated market projected to generate billions in economic activity over the next decade.
“It’s great to see Minnesota’s legal cannabis market finally taking off,” said Adam Hutchinson, Founder of CannaSpyglass. “We’ve been following the rollout closely and gathering data on the first licensed operators. We’re excited to help businesses connect and grow in this new market.”
Minnesota legalized adult-use cannabis in 2023, but progress toward a fully regulated market has accelerated rapidly in 2025. The first state-licensed dispensaries officially began selling cannabis in September, signaling the official start of Minnesota’s regulated market.
While the launch of state-licensed retailers represents a major step forward, Minnesota’s cannabis commerce isn’t entirely new—several tribal dispensaries have been operating successfully for over a year, paving the way for broader market readiness and setting early standards for retail operations.
Minnesota’s regulated cannabis industry is taking shape—and its first round of licensed operators is already moving from preapproval to full licensure. As of October 2025, a small number of businesses have completed final inspections and begun full operations, while hundreds of others are progressing through the final stages of approval.
The licensee pool includes participants from both the fall 2024 preapproval process and the general licensing cycle that closed on March 16, 2025. Collectively, these early movers represent the foundation of Minnesota’s adult-use cannabis market.
Current Licensing Snapshot (as of October 2025):
For the most current breakdown of licenses and preliminary approvals, visit the OCM website.
Minnesota’s adult-use framework is rooted in social equity and community reinvestment, with a majority of early applicants representing individuals from communities disproportionately impacted by prohibition, as well as women- and minority-owned businesses. Through its Division of Social Equity, the OCM promotes fair access, reduced fees, and business development support to help these entrepreneurs succeed—transforming legalization into a pathway for justice, reinvestment, and inclusive economic growth across the state.
Tracking down accurate license holder information for all of Minnesota’s newly licensed cannabis operators is no small task. While the OCM publishes some details, the process of locating, verifying, and analyzing license holder data can be complicated and time-consuming. With hundreds of applicants moving through stages of review, preliminary approval, inspection, and final licensing, knowing who is actually operational—and how to reach them—is critical.
That’s where CannaSpyglass comes in. Our cannabis data platform delivers the most comprehensive and organized information available on Minnesota’s emerging cannabis businesses, including newly licensed applicants and upcoming operations. With detailed profiles, verified contact information, and valuable market insights, CannaSpyglass helps you connect directly with the people shaping Minnesota’s cannabis future.
Connect with Minnesota’s new cannabis licensees—and unlock the data that drives smarter lead generation—with CannaSpyglass.
CannaSpyglass offers cannabis data subscription services that provide dependable, on-demand, and exclusive industry analytics. Our insights cover vital data on cannabis cultivation, business statistics, and enterprise information within the rapidly growing cannabis sector. Whether you are an established industry leader seeking business expansion or a lawmaker requiring essential research to inform policy, our up-to-date, cloud-based data can be tailored to your specific interests and regions.