The fact is each state that has legalized marijuana for recreational or medical use give out few number of positions to people to start dispensary business. Depending on the state the interested individual lives in, the application procedure has been opened or will be opened soon for people to submit applications. The rules that have been promulgated relating to the medical marijuana industry have provisions for dispensaries, product manufacturers, and marijuana cultivators.
However, during the first period of the application program, the dispensary business license will be given out to the processors and the growers of marijuana in chosen regions. So, getting a dispensary business license will require interested individuals to show that they are financially and legally fit to start a legal marijuana business and meet the needs of the marijuana patients.
Furthermore, depending on the kind of business the interested individuals are after, the capital requirements that must be met also varies. So as to get a dispensary business license, interested individuals must tender an affidavit which shows a deposit of one hundred and fifty thousand dollars in a financial institution. Actually, the amount needed to set up a business in this industry is over two million dollars in which the applicants must possess.