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State-Specific Cannabis Dispensary Regulation for Massachusetts

To obtain a cannabis dispensary license in the state of Massachusetts, one must claim responsibility for growth, manufacturing, and sales of marijuana. This means dispensary owners must also obtain a cultivation license, which are granted on a tiered basis.

The cost of a cultivation license depends on whether your dispensary will grow cannabis indoors or outdoors, but the fees associated with licensing range from around $100 to $600. Following approval, applicants will pay another fee—typically between $625 to $12,500 for indoor cultivation and $1,250 to $25,000 for outdoor cultivation.

Cultivation is separate from the manufacturing and dispensary licensing that retailers will also need to acquire. A manufacturing license amounts to around $300 for an application and $5,000 for the license itself. For dispensaries, the stage 1 license costs $1,500 to apply for and $50,000 upon approval. In stage 2, the application cost is $30,000 and the license costs $50,000 once approved.

Regulations Massachusetts dispensaries must adhere to include:

Still need more information on payment processing laws in the state of Massachusetts and how they can affect your cannabusiness? Contact a Paybotic representative today for assistance.

How Paybotic Can Help with Cannabis Payment Processing in Massachusetts

Paybotic solves payment processing headaches for Massachusetts retailers by offering solutions that streamline transactions while adhering to all of the regulatory requirements.

Our offerings include:

To learn more about what Paybotic can do for your company, contact us today.

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