Sign In   Register

Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com

Local dispensaries hesitate to apply for Medical Marijuana Licenses

1 minute reading time (129 words)
dispensary

HUNTSVILLE - While some dispensary businesses are eager to put in an application for a medical marijuana license, others are not. With heavy financial regulations, some CBD businesses are taking a second thought at providing the alternative.

With the possibility of paying $40,000 in annual fees regulated by the Alabama Medical Cannabis Commission (AMCC) to keep up with a license to sell medical marijuana, some CBD dispensaries are a little hesitant to fill out an application.

“We’re a little reluctant to jump on just due to the $2,500 application fee that’s non-refundable whether you get the license or not and then the license fee and the annual renewal fees as well,” said Jason Rodgers, a budtender at The Green Lady CBD Dispensary.

(Originally posted by Cannabis News)

Copyright

© 420 Intel


Related Posts


MjInvest.com