skip to Main Content
Getting a Medical Marijuana License in Pennsylvania May Be an Expensive Proposition

Following Sunday’s passage of the medical marijuana bill, future prospective dispensary owners are preparing for an application process, which one cannabis educational organization says will be an expensive proposition.

Russ Cersosimo, director of strategic alliances for the Pennsylvania Medical Cannabis Society, said groups should expect to pay up to $1 million just to be in position to submit a competitive application. These ancillary fees include lawyers, accountants and lobbyists, he said.

“People don’t realize the financial and time commitment necessary to be successful in this business,” Cersosimo said. “It’s a big undertaking. You’re going to have to quit your job.”

The newly passed legislation will allow for 25 grower/processor licenses, five of which will allow holders to open up to three dispensaries each, and 50 dispensing licenses, which also permit up to three dispensaries each.

Cersosimo said interested parties should expect an application to be released this December with a deadline in January 2017. Dispensaries might begin business operations as soon as September 2017, he said, and consumers should be able to access these facilities around January 2018. [Read more at the York Dispatch]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Kentucky’s Medical Cannabis Program Undergoes Dramatic Transformation: Navigating HB 829 and the Emergency Licensing Regulations

By Hannah King and Arin Aragona Plans for Kentucky’s medical cannabis program took a significant turn last week with the passage of House Bill 829 and the implementation of emergency…

Cannabis in Court: When Federal Courts Will Hear Commercial Disputes Related to the Cannabis Business

By Steven Ascher and Anna M.Windemuth The unique status of the cannabis business —  legal in a majority of states, but still illegal under federal law — creates a thorny…

Patchwork Regulation of CBD Products Continues Despite Rise in Demand

By Courtney A. Hunter and Jessalyn H. Zeigler Demand for cannabidiol (CBD) products continues to climb, and the market has risen to the occasion. There is now a robust array…

How Private Equity Trumped Social Equity in State Cannabis Deal

Confidential documents obtained by THE CITY reveal how Chicago Atlantic Group became one of the biggest beneficiaries of the state’s legalization program. Last June, Gov. Kathy Hochul announced that a…

More Categories

Back To Top
×Close search
Search