Wisconsin Cannabis Regulatory Score

Open licensing regimes, absence of artificial operator caps, and transparent application processes.

Competitive market structure, low barriers to entry and vertical integration, active secondary market.

Suspension, revocation, and fine frequency relative to licensed operator count.

Predictability and timeliness of agency rulemaking, licensing decisions, and public notice.

Favorable state treatment of hemp-derived cannabinoids, THCA flower, and inhalable hemp products.

Access to state-chartered cannabis banking programs, credit unions, and merchant services.

Meaningful equity license tracks, fee waivers, reinvestment fund provisions, and expungement programs.