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Medical Marijuana Dispensary Case Study

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• The applicant must not be a board member, officer or owner of a medical marijuana dispensary that had its registration revoked or the application must not have had his/her previous agent registration card revoked.

If the applicant does not get any response within 30 days, he is considered to have a conditionally valid registration card until further notice. Agent registration cards are valid for 1 year and they can be renewed upon application and acceptance.
When a volunteer or an employee stops working at a medical marijuana dispensary, the Nevada State Health Division must be duly notified within 10 days. Also, the board members, officers and owners do not need to resubmit all their information when they want to get an agent registration …show more content…

There are a few grounds for the revocation of their registration cards and this includes:
• Selling medical marijuana to a person who is not legally allowed to receive it
• Committing a felony violent crime or drug crime.
What is the cost of application to open a medical marijuana dispensary in Nevada?
The application fee is $5,000 and this includes processing costs. It is a one time non-refundable fee. The Nevada State Health Division collects different renewal and registration fees depending on the type of medical marijuana dispensary that is being operated.
In order to get an agent card, the fee stands at $75. Also, there is a yearly $75 renewal fee for the medical marijuana registration card.
What about taxes on medical marijuana in Nevada?
Nevada imposes a 2% excise tax on each retail or wholesale of marijuana and its allied products. The tax applies even if the purchaser is a patient cardholder or a medical marijuana dispensary. This 2% excise tax is in addition to any local, use and state taxes.
How many medical marijuana dispensaries does Nevada …show more content…

Basically, as with other types of business, you need to draw up a business plan for the dispensary. Also, you must determine if licensing is possible by investigating prospective cities and counties. Every potential location must be carefully examined. The next step is to set up your business infrastructure. Also, depending on your quest to launch a recreational or medical marijuana license, you must get approval from the relevant authorities. Finally, every system must be in line with the laid down regulations before you open your doors for

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