12.9 C
New York
Wednesday, December 7, 2022

Buy now


How To Open A Dispensary In Nevada

Frequently Asked Questions About Opening A Dispensary In Nevada

How much does it cost to open a dispensary in Nevada?

It costs at least hundreds of thousands, and potentially up to millions of  dollars to open a dispensary in Nevada. The initial application costs $5,000, plus a $20,000 annual license fee. Add to that real estate, staffing, inventory costs, and more. Finally, Nevada has a minimum $250,000 liquid asset capitalization requirement. 

How do I open a dispensary in Las Vegas?

To open a dispensary in Las Vegas you will first need to complete all of the state licensing application procedures. This includes acquiring approval for real estate in Las Vegas following all of their municipal guidelines. In addition, you must obtain a special use permit from the city planning department. 

How many dispensaries are in Las Vegas?

As of 08/09/2022 there are 55 recreational dispensaries in Las Vegas. Unsurprisingly it has more cannabis retail locations than any other part of the state (55 out of 99). There are also 8 recreational dispensaries in North Las Vegas, and 5 in Henderson. 

How many dispensaries are licensed in Nevada?

There are 99 total dispensaries licensed in Nevada as of August 2022. The state has put a stop on issuing any new licenses for the time being. However, most cannabis business leaders predict that sometime in the near future, the Nevada’s Cannabis Compliance Board will initiate a new application period. 

Source link

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles