It will cost $2,500 for entrepreneurs to apply for medical cannabis business licenses in Alabama, and the application window opens Sept. 1.
Alabama regulators also said the application fees are nonrefundable.
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Potential business owners can request license applications between Sept. 1 and Oct. 22, according to the Alabama Medical Cannabis Commission website.
Applications will be mailed out Oct. 24, and the submission deadline is Dec. 30.
After time to make corrections and a public comment period, winners of initial licenses will be announced on June 12, 2023.
Those businesses will have until June 26, 2023, to pay the license fees, and final permits will be issued July 10, 2023.
According to the Alabama Medical Cannabis Commission (MCC), five licenses will be available for vertically integrated business, and each vertically integrated licensee will be allowed to have five dispensaries.
The cost of an “integrated facility” license is $50,000.
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