Marijuana Business Factbook 2019

35 © 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 Registration certificate $5,000 License renewal $1,000 Change of location $2,500 State tax requirements 5.6% state tax State tax collections in 2018 $22.4 million SUPPLY CHAIN DYNAMICS Retail store structure Non-profit Number of businesses allowed 130 Number of businesses operating in early 2020 130 Weighted average price per pound of marijuana $1,856 MARKET OVERVIEW Number of registered patients 219,817 (up from 193,672 in early 2019) Estimated 2019 MMJ sales via dispensaries $650 million-$720 million (up from $530 million-$650 million in 2018)