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.”
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