Conditional Microbusiness License (Less funded owners)
Dispensary Application Fee = $100
Approval Fee = $400
Conversion Application Fee = $100
Conversion Approval Fee = $400
Submission fees are due at the time an application is submitted. Approval fees are due upon Commission approval for licensure to operate. Applicants who are denied approval for licensure are not required to pay approval fees. applicants only needto pay 20% of the application fee at the time of application, and the remaining 80% will only be collected at the time the license is approved.applicants only needto pay 20% of the application fee at the time of application, and the remaining 80% will only be collected atthe time the license is approved.applicants only needto pay 20% of the application fee at the time of application, and the remaining 80% will only be collected atthe time the license is approved.
It's important to know the application fees for a cannabis dispensary in New Jersey so that you can submit the application with the correct fee(s), and so you can include the application fee in your financial plan and budgeting. It is also imperative to know what fees to expect once you receive a license (if you're deemed a stellar candidate) so you can include them in your financial planning.
§ 17:30-7.17 CANNABIS BUSINESS AND TESTING LABORATORY FEES
(a) The following fees shall be paid by conditional license applicants or license-holders, as applicable:
1. Conditional microbusiness license application submission fee $100
2. Conditional standard cannabis business license application submission fee $200
3. Conditional microbusiness license application approval fee $400
4. Conditional standard cannabis business license application approval fee $800
5. Conditional microbusiness license conversion application submission fee $100
6. Conditional standard cannabis business license conversion $200 application submission fee
7. Conditional microbusiness license conversion application approval fee $400
8. Conditional standard cannabis business license conversion application $800 approval fee
(d) The following licensing fees shall be paid by license applicants or license-holders, as applicable:
11. Annual standard cannabis retailer initial or renewal licensing fee $10,000