Opening a marijuana dispensary can be very rewarding if you know what to do. What are the initial costs involved with opening a marijuana dispensary? Getting a commercial business license for your marijuana dispensary is probably one of the biggest initial startup costs of opening such a business. In almost all states where commercial marijuana businesses are currently legal, the price for an application to obtain a license is approximately $5,500. Although it can be cheaper, it is still usually not cheap.
The second startup cost involved with opening a Washington marijuana dispensary is getting registered as an authorized vendor with the Washington State Liquor Control Board. To get this license, you will have to complete a number of very simple and rigorous requirements that must be met before your application is approved. These requirements include paying taxes and submitting to background and drug tests. The WCCB requires all vendors to be registered as a seller and also approved to sell cannabis under their category.
When opening a marijuana Dispensary in the state of California, you will be required to become an “approved vendor”. This means you have to pay a fee to become approved, but once approved, you can sell cannabis directly to customers without having to deal with a distributor. All sales in the state of California are taxed according to the state’s tax code.