Medical marijuana dispensary owners in Montana say proposed regulatory actions would place considerable cost and time burdens on their businesses.
Among the proposals:
- Dispensaries would be required to test marijuana products for items that include heavy metals and pesticides.
- Licensing fees would be set at $1,000 for dispensary owners with 10 or fewer patients and $5,000 for businesses with over 10.
- Dispensaries would pay a 4% tax on gross sales.
- The state would implement a seed-to-sale tracking system.
The proposed rules were made public earlier this month and are in response to voter-approved legislation.
– Associated Press
The Farm Bill offers new business opportunities for hemp - plus banking, tax and insurance help.
This is a great idea. I have worked in the Colorado Cannabis Industry for close to 5 years. I have been production and cultivation manager at my current business for 2+ years. These proposals will be much easier to set in place than most business owners would believe, and will also help solidify the industry for further advancement in Cannabis expansion.