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5,714,300 People Minnesota 21+ Population (2023)4,228,706 Adults Microbusiness Current Dispensing Location Details <br />73.7%of Population 2,114,353 Adults Up to 5,000 square feet of plant canopy for indoor Dispensing Locations 15 5,467 3,540 9,594 <br />4,211,439 Adults Total Addressable Market 6,343,059 Adults Up to one-half (1/2) acre of mature, flowering plants for outdoor Registered Patients 46,024 $98,379.00 USD $83,736.00 USD $73,482.00 USD <br />39.0 Years Old 14.0%May operate up to one retail location Certifying Practitioners 2,539 38.5 38.5 38.5 <br />$84,313 Income Serviceable Addressable Market 888,028 Adults May permit on-site consumption of edible cannabis products 8.1/km2 8.1/km2 8.1/km2 <br />2.9%Unemployed 50%of market, Currently 27%Current Medical Cannabis Manufacturers 671.5/km per kilometer 434.80 per kilometer 1,178.40 per kilometer <br />0.41%Growth Serviceable Obtainable Market 444,014 Adults Mezzobusiness Green Goods <br />Total Visitors to Minnesota (2022)76,600,000 Visitors Up to 15,000 square feet of plant canopy for indoor RISE (Formerly LeafLine Labs)24,520 60,041 63,959 <br />Estimated 2025 Market Value - Vicente LLP $418,000,000 Market Value Up to one acre of mature, flowering plants for outdoor $111,077.00 USD $98,602.00 USD $83,613.00 USD <br />Estimated 2025 Market Value - AU + Medical $551,000,000 Market Value May operate up to three retail locations Qualifying Conditions 38.5 38.5 38.5 <br />12,713 People Alzheimer's disease 73.3/km2 73.3/km2 73.3/km2 <br />75.20%of Population Cultivator (Craft and Bulk)Amyotrophic lateral sclerosis (ALS)334.6/km per kilometer 819.40 per kilometer 872.80 per kilometer <br />9,560 Adults Both indoor and outdoor cultivation allowed.Autism spectrum disorder (must meet DSM-5) <br />53,102 People Craft limited to 10,000 sqft of canopy Cancer* <br />177,761 People Bulk limited to 30,000 sqft of canopy Chronic motor or vocal tic disorder 61,655 189,054 152,471 <br />40.8 Years Old Bulk cultivator unavailable before July 1, 2026, unless needed to meet demand Chronic pain $118,246.00 USD $92,733.00 USD $99,224.00 USD <br />$89,632 Income Cannabis must be certified organic by the agriculture commissioner Glaucoma 35.9 35.9 35.9 <br />3.20%Unemployed HIV/AIDS 203.5/km2 203.5/km2 203.5/km2 <br />5.3%Impoverished Manufacturer Inflammatory bowel disease, including Crohn’s disease 302.90 per kilometer 928.80 per kilometer 749.10 per kilometer <br />Extraction method must be approved by the board.Intractable pain <br />Must have a certification from an independent​ industrial hygienist or professional engineer Irritable bowel syndrome <br />May only add chemicals or compounds approved by the board to concentrates Obsessive-compulsive disorder <br />Total 21+All ingredients in cannabis products must be disclosed Obstructive sleep apnea <br />5,737,729 4,228,706 53,102 Post-traumatic stress disorder (PTSD)5,447 6,878 <br />5,761,253 4,246,044 $94,364.00 USD Retailer Seizures, including those characteristic of epilepsy $73,666.00 USD $112,947.00 USD <br />5,784,874 4,263,452 38.5 May operate up to five retail locations Severe and persistent muscle spasms, including those characteristic of multiple sclerosis (MS)38.5 38.5 <br />5,808,592 4,280,933 May also hold a delivery license, medical retailer license, and a cannabis event organizer license Sickle cell disease 8.1/km2 8.1/km2 <br />5,832,408 4,298,484 177,761 Terminal illness, with a probable life expectancy of less than one year*669.00 per kilometer 844.80 per kilometer <br />5,856,321 4,316,108 $94,920.00 USD Wholesaler Tourette syndrome <br />38.5 May purchase and sell cannabis between businesses 53,752 41,039 <br />Total 21+May also hold a transporter, a delivery service, and a cannabis event organizer license $94,246.00 USD $109,176.00 USD <br />53,320 40,096 38.5 38.5 <br />53,538 40,261 Transporter Allowable Products 73.3/km2 73.3/km2 <br />53,758 40,426 Transport all product types between all licensees Liquid, including but not limited to oil 733.60 per kilometer 560.10 per kilometer <br />53,978 40,592 Pill <br />54,200 40,758 Testing Facility Liquid or oil for use with a vaporized delivery method <br />54,422 40,925 Tests all cannabis products for quality compliance Water-soluble cannabinoid multiparticulate, including granules, powder, and sprinkles 176,709 118,193 <br />Orally dissolvable product, including lozenges, gum, mints, buccal tablets, and sublingual tablets $95,160.00 USD $112,610.00 USD <br />Total 21+Event Organizer Topical formulation 35.9 35.9 <br />178,490 134,224 May organize a temporary cannabis event lasting no more than four days Any allowable form or delivery method approved by the office 203.5/km2 203.5/km2 <br />179,222 134,775 A cannabis event may designate an area for consumption 868.20 per kilometer 580.70 per kilometer <br />179,956 135,327 <br />180,694 135,882 Delivery Service <br />181,435 136,439 May purchase from retailers to deliver to consumers <br />182,179 136,999 <br />Density <br />Density <br />1132 Co Rd E East, Vadnais Heights, MN, USA - 3-Mile/4.83km <br />Population <br />Income <br />Average Age <br />Area <br />Density <br />Vadnais Heights Persons in Poverty <br />Population <br />Income <br />Average Age <br />101 Vadnais Blvd, Vadnais Heights, MN 55127, USA- 3-Mile/4.83km 1650 County Road E East, Vadnais Heights, MN 55110, USA - 3-Mile/4.8 <br />Population Population <br />Area <br />1132 Co Rd E East, Vadnais Heights, MN, USA - 1-Mile/1.61km 1650 County Road E East, Vadnais Heights, MN 55110, USA - 1-Mile/1.6 <br />Vadnais Heights/Ramsey County Population (5-miles) <br />Vadnais Heights Median Age <br />Vadnais Heights Median Household Income <br />Ramsey County Unemployment Rate (Feb 2024) <br />Minnesota Median Household Income <br />Minnesota Unemployment Rate (Dec 2023)(multiplied by) % Legal Market Adoption <br />Minnesota Population Annual Growth Rate <br />Local Figures <br />Vadnais Heights Population (2022) <br />Vadnais Heights 21+ Population % <br />Vadnais Heights 21+ Population (2022) <br />Vadnais Heights/Ramsey County Population (3-miles) <br />Population <br />Income Income <br />Market Analysis <br />STATEWIDE MARKET VALUE ANALYSIS SUPPORTING ANALYSIS, ADULT-USE*SUPPORTING ANALYSIS, MEDICAL (APRIL 2024)Estimated Using: 1132 Co Rd E East, Vadnais Heights, MN, USA Estimated Using: 101 Vadnais Blvd, Vadnais Heights, MN 55127, U Estimated Using: 1650 County Road E East, Vadnais Heights, MN 5511 BASE MARKET FIGURES <br />Estimated Purchaser Base and Annual Consumption Allowable License Types Medical Cannabis Operators RETAIL ANALYSIS - POTENTIAL SITES RETAIL ANALYSIS - POTENTIAL SITESStatewide Figures <br />Income <br />Minnesota Population (2022) <br />Minnesota 21+ Population %(plus) Additional Tourism (50% of Population Base) <br />Minnesota 21+ Population (2023) <br />Vadnais Heights/Ramsey County Population (3-mile) 202 <br />Vadnais Heights/Ramsey County Population (3-mile) 202 <br />Vadnais Heights/Ramsey County Population (3-mile) 202 <br />Vadnais Heights/Ramsey County Population (3-mile) 202 <br />Vadnais Heights/Ramsey County Population (3-mile) 202 <br />Vadnais Heights/Ramsey County 5-mile Population Grow <br />RETAIL ANALYSIS - POTENTIAL SITES <br />101 Vadnais Blvd, Vadnais Heights, MN 55127, USA- 1-Mile/1.61km <br />Population Population <br />Minnesota Median Age (multiplied by) % Adult-Use Purchasers <br />Area Area <br />POPULATION GROWTH RETAIL ANALYSIS - POTENTIAL SITES RETAIL ANALYSIS - POTENTIAL SITES RETAIL ANALYSIS - POTENTIAL SITES <br />Density Density <br />Estimated Using: 800 Co Rd E East, St Paul, MN 55127 Estimated Using: 1048 Hwy 96 E, Vadnais Heights, MN 55127, USA <br />Income <br />Average Age <br />Statewide Population Growth Vadnais Heights/Ramsey County - Retail Demographic Breakdown (3-mile, 4.83km) <br />Population <br />Income <br />Average Age <br />Vadnais Heights/Ramsey County - Retail Demographic Breakdown (5-mile, 8.05km) <br />Population <br />Minnesota Population 2023 <br />Minnesota Population 2024 <br />Minnesota Population 2025 <br />Minnesota Population 2026 <br />Minnesota Population 2027 <br />Minnesota Population 2028 <br />Vadnais Heights/Ramsey County 3-mile Population Grow <br />Vadnais Heights/Ramsey County Population (5-mile) 202 <br />Vadnais Heights/Ramsey County Population (5-mile) 202 <br />Vadnais Heights/Ramsey County Population (5-mile) 202 <br />Vadnais Heights/Ramsey County Population (5-mile) 202 <br />Vadnais Heights/Ramsey County Population (5-mile) 202 <br />Vadnais Heights/Ramsey County Population (5-mile) 202 <br />Vadnais Heights/Ramsey County Population (3-mile) 202 <br />Area <br />Density <br />Average Age <br />Area <br />Density <br />1048 Hwy 96 E, Vadnais Heights, MN 55127, USA - 5-Mile/8.05km <br />Population <br />Income <br />Average Age <br />Income <br />Average Age <br />Area <br />Density <br />Population <br />Income <br />Average Age <br />Area <br />Density <br />800 Co Rd E East, St Paul, MN 55127 - 5-Mile/8.05km <br />Population <br />Density <br />800 Co Rd E East, St Paul, MN 55127 - 3-Mile/4.83km <br />*If your illness or its treatment produces one or more of the following: severe or <br />chronic pain; nausea or severe vomiting; or cachexia or severe wasting. <br />Income <br />Average Age <br />Area <br />Density <br />1048 Hwy 96 E, Vadnais Heights, MN 55127, USA - 3-Mile/4.83km <br />Population <br />Income <br />800 Co Rd E East, St Paul, MN 55127 - 1-Mile/1.61km 1048 Hwy 96 E, Vadnais Heights, MN 55127, USA - 1-Mile/1.61km <br />PopulationPopulation <br />Income <br />Average Age <br />Area <br />1132 Co Rd E East, Vadnais Heights, MN, USA - 5-Mile/8.05km <br />Population Population <br />Income <br />Average Age <br />Income <br />Average Age <br />101 Vadnais Blvd, Vadnais Heights, MN 55127, USA- 5-Mile/8.05km 1650 County Road E East, Vadnais Heights, MN 55110, USA - 5-Mile/8.0 <br />Income <br />Average Age Average Age <br />Area Area <br />Density Density <br />Average Age Average Age Average Age <br />Area Area <br />Density <br />Area <br />Density <br />Income