Marijuana Business Factbook 2019

173 © 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. State-By-State: Legal Overview, Market Data and Outlook | Chapter 2 MJBIZDAILY.COM BUSINESS TAXES & FEES Application Fees Producer, Processor and Retailer: $250 License Fees Producer, Processor and Retailer: $1,480 (new and renewal) State tax requirements 37% excise tax. Registered MMJ patients are exempt from sales tax when purchasing from a retail store with medical endorsement. State tax collections in 2018 N/A―see Recreational tax collections SUPPLY CHAIN DYNAMICS Dispensary structure Stand-alone medical dispensaries are no longer allowed under Washington’s unified med and rec framework. Retail marijuana stores can sell to MMJ patients if they get a "medical endorsement," a process that requires dispensary employees be trained on medical marijuana including the ability to identify recognition cards, and to dedicate a portion of the store where medical cards can be issued to patients. Number of dispensaries operating in early 2020 No MMJ dispensaries technically operate anymore, but 165 retail marijuana stores have active medical endorsements MARKET OVERVIEW Number of registered patients 39,022 (up from 32,288 in late 2018) Estimated 2019 MMJ sales via dispensaries The state does not break down or track MMJ sales specifically―all sales are lumped under the rec program.

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