Marijuana Business Factbook 2019

Marijuana Business Factbook 2019 Chapter 2 | State-By-State: Legal Overview, Market Data and Outlook 168 © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. WASHINGTON DC Medical continued BUSINESS TAXES & FEES Application Fees Cultivation Site and Dispensary: $5,000 (new), $3,000 (renewal) License Fees Cultivator: $5,000 Dispensary: $10,000 Tax requirements 6% sales tax on marijuana transactions, 5.75% on accessories Tax collections in 2018 Not available SUPPLY CHAIN DYNAMICS Dispensary structure For-profit allowed Number of businesses allowed Dispensaries: 7 (the mayor has the discretion to increase this to eight) Cultivators: 10 Number of businesses operating in early 2020 Dispensaries: 7 Cultivators: 8 Weighted average price per pound of marijuana $2,880 MARKET OVERVIEW Number of registered patients 6,160 (relatively unchanged since mid-2019) Estimated 2019 MMJ sales via dispensaries $16 million-$20 million (unchanged from estimated 2018 sales)