Frequently Asked Questions About How To Open A Dispensary In Washington
How much does it cost to get a dispensary license in Washington state?
The cost to get a dispensary license in Washington state depends on the price set by individual sellers on the open market. This is because the state is currently not issuing new licenses for cannabis retailers. However, during the last open application period the application fee was $250 and the annual license fee was $1,380.
How much does a dispensary owner make in Washington state?
Dispensary owners in Washington typically make about 10% of their net revenue in salary. As such, dispensary owners’ salaries depend greatly on how much money the dispensary takes in. Many factors can increase revenue, such as marketing, merchandising, and more.
How much does it cost to open a dispensary in Seattle?
Opening a dispensary in Seattle costs more than a million dollars. First, licenses must be bought from individuals on the open market because the state is not currently issuing any new licenses. In addition, building, labor, and real estate are exceptionally expensive in the Emerald City.