420 with CNW – Arkansas Selects Firm to Review Medical Cannabis License Applicants

October 9, 2018 15:20:57

Public Consulting Group, Inc. has been selected by the Arkansas Medical Marijuana Commission to score about 203 companies that have applied for licenses to operate medical marijuana dispensaries in the state.

The commission had reached out to 30 firms which they felt had the capacity to undertake the scoring exercise. However, only Public Consulting Group and ICF Inc. responded by submitting bids for the task.

Public Consulting Group was selected after it was found to have submitted the lowest bid of $99,472 compared to ICF’s bid of $361,514. Public Consulting Group’s figure surprised the commission since they didn’t expect it to be so low. However, the firm was selected since no red flags were found to suggest that it would be unable to do a good job.

The selection of Public Consulting Group comes with an added advantage of saving time since their bid would not be subject to legislative approval because that bid is just under the $100,000 threshold for which procurement approval must be obtained.

That bid therefore allows the commission to move fast in submitting the applications to the scoring firm. Public Consulting Group will have 30 days to submit its findings and will suffer a $5,000 penalty for each extra day that it takes without reporting back with its findings.

The Medical Marijuana Commission is under some pressure to complete the licensing process by the end of the year because two of its members are scheduled to retire at the end of 2018. Any delay in the preliminary steps can therefore leave the commission short of quorum and unable to make any decisions until replacements are screened and appointed.

It should be remembered that the decision to hire a third-party to score dispensary license applicants was made after the licensing process for marijuana cultivators earlier this year was dogged by numerous complaints.

The 5-member Arkansas Medical Marijuana Commission had reviewed the applicants for cultivation licenses and had selected five companies out of the 83 applicants. The unsuccessful applicants complained that the commissioners were biased and didn’t make any attempts to verify some of the claims that were made by the firms which had applied for licenses to grow marijuana for medical purposes.

It was therefore decided that external help be procured when applications for dispensary licenses are being reviewed so that similar controversies are avoided. All eyes, including those of Global Payout, Inc. (OTC: GOHE) and Golden Developing Solutions, Inc. (OTC: DVLP), are now on Public Consulting Inc. to see how quickly they can push the process which will see patients finally getting access to medical cannabis after a long wait that began in 2016 when voters amended the constitution to decriminalize medical marijuana.

More from CannabisNewsWire

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsWire (CNW)
Denver, Colorado
303.498.7722 Office