In states where medical marijuana laws have been passed, patients with chronic disorders and certain illnesses are exempted from criminal prosecution. An ever-growing number of states (including DC) have passed regulations either legalizing or decriminalizing the use of marijuana for medical purposes. Some states, Colorado, for example, have also approved the recreational use of marijuana.
Take note that federal laws do not exempt anyone from marijuana-related criminal prosecution. Though, that is expected to change in the near future. At the moment, the marijuana field is prospering. There are abundances of business opportunities in the growing and distribution of medical and recreational marijuana in states that have passed laws to legalize its use. While any enterprise in the cannabis industry is a highly profitable one, there are certain industry-specific hurdles that dishearten the efforts of persons looking to venture into the business.
Starting a Medical Marijuana Business
Just like any other kind of operation in the country, you can’t open a marijuana operation without a license. One of the most significant problems when it comes to launching a marijuana operation in the United States is procuring the required licenses. Listed below are some of the most frequent challenges facing the experience of medical marijuana licensing in the country.
Restrictive State Laws
More than half of US states (and District of Columbia) have permitted or decriminalized the use of medical, and sometimes recreational, marijuana in their various jurisdictions. But when it comes to issues such as the regulation of dispensaries as well as the extent and implementation, medical marijuana legislation fluctuates widely from state to state. Some states are more selective than others. For instance, in some jurisdictions, only patients with terminal ailments are authorized to use marijuana for medical purposes.
Licenses for cultivating marijuana or distributing it via a medical marijuana Provisioning Center (Dispensary) are more difficult to obtain in states with more limiting laws. Some states choose to issue a small number of licenses to select medical marijuana outlets. Others open government-run dispensaries to oversee the distribution of medical marijuana. In states where distribution and cultivation laws are highly restrictive, obtaining a license for either operation is nearly hopeless.
Licenses Are Not Always Available
In some states, getting a medical marijuana license is as easy as finishing the application form, and if you meet the guidelines, you are guaranteed to get the license. Others don’t have it easy; there are a lot of conditions to be met after which you are not even guaranteed to get the license. You can apply for a medical marijuana license in some communities only to be told that they have sold out. This is due to the fact that some local governments have a modest number of licenses to issue.
There isn’t much that you can do about such a situation, but if you are devoted, you can move your operation to a state with less restrictive marijuana laws. You can always check with a business law attorney in the state where you are looking to base your ventures for advice. Legal professionals have a better comprehension of available laws and will aid you steer clear of misfortune with the state authorities.
Missed Deadlines and Other Crucial Dates
Different municipalities, even in the same state, have a wide range of ways of managing medical marijuana licensing issues. The availability of these licenses also fluctuates from one town to the next, and you will want help and support understanding how the laws function in certain areas. Some jurisdictions have cutoffs and other relevant schedules when it comes to the application and issuance of licenses which if ignored, could mean that you have to hang around for the next application period.
You could wait for more than a year before you can apply for your license once more if you miss a deadline. The approach of procuring a license for your medical marijuana Provisioning Center (Dispensary) can be prolonged and time-consuming, but it’s well worth the wait. The most effective way to begin the process is to get support from a legal practitioner. They have a more ideal understanding of the workings of state laws and licensing process.
Did you know that, depending on your location, you might have to part with a substantial amount to get your medical marijuana license? This is one aspect of starting a marijuana business in the United States that you should not neglect. In some states, Colorado, for instance, medical marijuana Provisioning Center (Dispensary) license fees can go up to $15,000.
Marijuana businesses are also taxed heavily. These are some of the hidden costs of running such an operation. Hire a business law attorney to help you comprehend the state licensing laws to prevent the frustration that many people face when trying to obtain a license.