Want To Sell Medical Marijuana In New York? It Could Cost You $30 Million

Applicants had to pay a refundable registration fee of $200,000 along with a non-refundable $10,000 fee. For a comparison, in Oregon, the application fee is $4,000 and in Massachusetts, there is a Stage One application fee of $1,500 and a Stage Two application fee of $30,000.

NEW YORK: In business, you have to spend money to make money. In the New York medical marijuana industry, you may just be spending money. Medical marijuana was legalized in New York in July 2014; however, the licenses to sell were just announced July 31 of this year. Applicants had to pay a refundable registration Read the full article…