Cannabis cultivation license
Are you looking to obtain a cannabis cultivation license? Do you know what requirements you must meet before you are granted a license? Aside from the fact that only a limited number of licenses and permits are up for grabs, applicants must also pass stringent tests and checks to be able to be eligible for a license. For example, a background check by the FBI will be conducted on all applicants who wish to obtain a cannabis cultivation license.
Another important requirement that must be met is that applicants must be a legal resident of the US. In order to establish a legal medical cannabis business, applicants must also satisfy the preliminary finding of suitability. The fee for the application varies from state to state. The fee is at least $10,000 and this is non-refundable. So before making an application, individuals must note that if their applications are declined, their application fee which is at least $10,000 won’t be refunded.
The application fee however does not cover the cost of the license. If an application is selected, the candidate will have to pay an additional amount for the license. The fee for the license varies and it can be anywhere between $60,000 and $100,000. The amount depends on whether the applicant is planning to run a dispensary or cultivation centre at one location or more than one location.
If you are wondering how to open a medical cannabis business, then take our cannabis business workshop at California college for cannabis, in San Diego, Pasadena and Sacramento; Our attorneys and industry leading network of professionals will be hosting a to go over all aspects of cannabis business licensing, start-up and operation.
At 420 College – it all begins with helping YOU to understand what is proper, lawful and appropriate!
Our hands on medical cannabis business start-up seminars or one-on-one consultations are perfect way to get started!
You get an intense 2 days of advanced information about how to start and operate a medical cannabis business in California. Find out how 420 College 2 DAY seminars can help you in your business, click here.