Arkansas panel sets $15K application fee to grow medical pot

3683168


     (AP) – A state commission says Arkansas residents hoping to

grow medical marijuana must pay a $15,000 application fee in addition to a

licensing fee.

     The Arkansas Democrat-Gazette reports that the Arkansas Medical Marijuana

Commission approved the plan 4-1 on Tuesday. The licensing fee has yet to be

determined.

     The $15,000 fee is the maximum allowed under the medical marijuana amendment

that voters approved last month. Unsuccessful applicants will get back half of

the application fee.

     The panel’s dissenting vote came from Commissioner Travis Story, who said

growers need to demonstrate the financial ability to operate a cultivation

facility.

     The commission must create rules by June to govern how Arkansas residents can

apply for cultivation and dispensary licenses. Lawmakers could extend the

deadline with a two-thirds vote.




   

WebReadyTM Powered by WireReady® NSI