How To Get A New York Marijuana License?

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This topic contains 3 replies, has 4 voices, and was last updated by  Bala 3 years, 7 months ago.

  • Author
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  • #13006

    darthvaper69
    Participant

    I’m interested in starting a marijuana business in New York. What do I need to do to get a license?

  • #13523

    Bala
    Participant

    New York is most likely the hardest state to open a dispensary. Before applying you must be able to prove the ability to open a manufacturing facility on top of four dispensaries. The property alone in New York could run into the deep 10+ millions of dollars, on top of a $210,000 fee to apply for the license. If you have the ability to pay for these costs you can apply for one of the exclusive New York licenses, so far only five have been approved.

  • #13521

    julzcash
    Participant

    How to get a new york marijuana license is very expensive and a very time consuming project. Firstly, you must find about 210,000 dollars in order to apply to the state regulatory board. A ten thousand dollar non refundable fee is included and a two hundred thousand dollar application fee must be paid. Also, it would be a good idea to get a lawyer.

  • #13522

    payme
    Participant

    Obtaining a license is not easy and recently out of 43 applications only 5 companies were awarded licenses. First of all you must contact New York Department of Health and apply for license within the stipulated time and your application will be evaluated on many factors like operating plan, manufacturing facilities, security, transportation and many more. Licenses are awarded to only top scoring applicants. There are many other stipulations too like application fees, registration fees and investment criteria. You must take help of qualified consultant in this regard.

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