Marijuana State License Applications What You Need to Know

State license applications differ depending on where

you live. The first step is to find out what it takes to get licensed in your area.

Interested in legally selling marijuana?

yes no

DISPENSARIES ACROSS THE U.S.

The U.S. legal cannabis industry

grew 74%

2014

74%

BIGGEST MARKET (2014):

STATES have legalized marijuana for medical or recreational use

MARIJUANA SALES (2014):

Requirements for opening a dispensary vary from state to state. For example:

OPENING A DISPENSARY

Just how competitive are marijuana dispensary licenses? Here’s a snapshot of the cannabis landscape in several states:

MARIJUANA DISPENSARY LICENSES BY STATE

____ licensed stores*

Only ______ licenses will be given out statewide

More than ______ dispensaries expected to apply

Licensing fee: $1,250*As of December 2014

WASHINGTON

99334

800

______ licensed dispensaries*

_______ total applications*

____ new applications since recreational sales became legal

Licensing fee: $4,000*As of August 2015

OREGON

3451,056411

$2.7 BILLIONFASTEST-GROWING MARKET (2014):

ARIZONA $1.3

billion

CALIFORNIA

342% growth

HOW THE CANNABIS INDUSTRY STACKS UPSome estimate cannabis could be a $35 billion industry by 2020.

Newspaper publishing

Candy industry

Legal marijuana

NFL

$38 BILLION

$10 BILLION

$34 BILLION

$35 BILLION

Estimated ________________dispensaries statewide*

Only about ______ expected to qualify under new regulations

Licensing fee: No state fee*As of September 2015

CALIFORNIA

1,000-2,000

300

ARIZONA

____ licensed dispensaries*

Only _____ licenses will be given out statewide

Licensing fee: $5,000*As of March 2015

88126

COLORADO

_____ licensed dispensaries*

______ medical

______ medical

______ growth in 2014

Licensing fee: $3,250 - $25,000*As of December 2014

827

50532230%

Winning a marijuana dispensary license can be an exhaustive process. A cannabis consultant gives budding businesses a competitive edge by helping with:

HOW TO GET STARTED

At least 2 years in-state residency

No controlled substance felony convictions

No other felony convictions in past 5 years

No financing from questionable sources

COLORADOLicenses are issued to individuals with:

Register as a nonprofit

Screen members

Employ security measures

CALIFORNIALicenses are issued only to cooperatives and collectives that:

Have been in the medical cannabis industry since before 2013

Current on taxes

Have applied for a recreational cannabis license

WASHINGTONPreference given to existing dispensaries that:

At least 2 years in-state residency

No controlled substance convictions in any state in past 5 years

No more than one controlled substance conviction

Location at least 1,000 ft. away from schools

OREGONLicenses are issued to individuals with:

Navigating state licensure

Ensuring a legal location

Assembling a quality team

Developing a compliant operations

manual

Meeting security requirements

Gathering local support

OREGON$220

$220

Learn more at Bulbulyancg.com

Infographic designed by Mad Fish DigitalCopyright © 2015 Bulbulyan Consulting Group

SOURCES: Huffington Post, Washington Post, State of Oregon, State of Colorado, Marijuana Business Daily, Washington

Times, Seattle Times, Leafly.com, Cannabis Business Times, L.A. Weekly, State of Arizona, Arizona Republic

YES

Data current as of October 2015

Data current as of October 2015

Data current as of October 2015