Marijuana Business Factbook 2019

45 © 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 Dispensary/Retailer: $1,000 Distributor: $1,000 Testing lab: $1,000 Microbusiness: $1,000 Cultivator: From $135 to $8,655 depending on scale, whether indoor or outdoor and use of lights License Fees Dispensary/Retailer: $2,500 to $57,000 annually depending on annual gross revenue Distributor: $1,500 to $240,000 annually depending on annual gross revenue Testing lab: $3,000 to $112,000 annually depending on annual gross revenue Microbusiness: $5,000 to $300,000 annually depending on annual gross revenue Cultivator: From $135 to $8,655 depending on scale, whether indoor or outdoor and use of lights State tax requirements 15% excise tax on gross receipts of any retail sale, plus a $9.25 per pound of flower, $2.75 per pound of trim and $1.29 per ounce of fresh cannabis plant for cultivators, in addition to state sales and use taxes (7.25% state base) State tax collections in 2018 $345 million (medical & rec combined)