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State-Specific Cannabis Dispensary Regulations for Nevada

Currently, the Department of Taxation oversees the issuing of Nevada cannabis dispensary licenses. The application fee for any cannabis-related merchant is $5,000. This fee applies to dispensaries, labs, distributors, and cultivators.

If your application is approved, you will receive a provisional letter. You will then be required to pay the initial licensing fee. Licensing for a Nevada recreational cannabis dispensary is $20,000. The fee for a medical cannabis dispensary is $30,000.

Both types of dispensaries are required to renew their licenses on a recurring basis. The renewal fee for a recreational dispensary is $6,600 and the fee for a medical merchant is $5,000. The application process is limited to designated “open application periods.”

Need more information on Nevada cannabis payment processing laws? Contact a Paybotic representative today.

How Paybotic Can Help with Cannabis Payment Processing in Nevada

Paybotic provides tailored payment processing solutions to Nevada cannabis dispensaries. Having access to secure, reliable electronic payment processing is a must if you want to achieve success in the modern digital marketplace. Whether you are operating an eCommerce page or traditional store, Paybotic has the processing infrastructure and expertise to help you grow your business.

The Premier Nevada ISO Partner

There are virtually limitless benefits to partnering with Paybotic. Some of these include:

Our mission is to provide our clients with an exceptional customer service experience and cutting-edge payment processing services. If you are ready to explore how you can revolutionize the way you do business, contact Paybotic at the link below today!

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