Owners and officers must pass a background check. YouTubes privacy policy is available here and YouTubes terms of service is available here. Applicants for a dispensary license must pay a non-refundable application fee of $2,500. The Commission's most recent update on the number of application requests is as of September 7. As long as you submit a renewal application before the license expires, the license will remain active while OMMA reviews the application. Licensed dispensaries can only sell to other licensed dispensaries or patient license holders, caregiver license holders, research license holders, and the parent or legal guardian named on a minor patients license. I see it as a possibility to do great things in helping us retain our people who are graduating and moving out of the economy, said Louis Maxwell, the chairman of the Macon County Commission. But even after the cities and counites act, it will be a protracted process before decisions are made on whether any part of the states evolving medical marijuana operation will come to their jurisdiction. Applicants for Cannabis Business License The application for Medical Cannabis Business Licenses closed on December 30, 2022. The State of Alabama legalized medical cannabis through the passage of SB46 in May of 2021. Whether an owner, director, board member, or individual with a controlling interest in the applicant has been indicted for, charged with, arrested for, or convicted of, pled guilty or nolo contendere to, forfeited bail concerning any criminal offense under the laws of any jurisdiction, either a felony or controlled substance-related misdemeanor, not including traffic violations, regardless of whether the offense has been reversed on appeal or otherwise, including the date, the name and location of the court, arresting agency, and prosecuting agency, the case caption, the docket number, the offense, the disposition, and the 6 location and length of incarceration. Contact our offices regarding how we can help you win your Alabama medical marijuana business license application. Applicants must provide proof thatthe nearest perimeter wall is not within 1,000 feet of the property line for any public or private school. % of people found this article valuable. Yes, background checks are required for all owners and officers. Financial information in the manner and form required by rules by the commission. Some 38 states now allow the medical use of cannabis products, according to the National Conference of State Legislatures, and insurance requirements vary greatly. But a host of them are doing so following a recent Zoom call hosted by the Alabama League of Municipalities with representatives of the Alabama Medical Cannabis Commission and approximately 45 municipal officials. Up to five vertically integrated licenses. But some states, including nearby Mississippi and Tennessee, have no business insurance requirements. Please tell us what you liked about it. Alberta Cannabis License (Capital Investment for Licensing & Construction). Alabama is also accepting applications for state testing laboratories, and there is no cap on how many licenses of this type may be awarded. The available licenses under Alabamas medical marijuana law are: Unfortunately, these licenses are going to be limited, and in high demand. Repeating the application process for your Alabama cannabis license will put your companys operations back many months and significantly lower its potential revenue. Yes, you can. Please print your pre-application and contact your division office to schedule an appointment. Does insurance cover the cost of medical cannabis? Kay Ivey signed into law the . Review our Commercial Application Checklist to see what documentation you need before submitting a dispensary license application. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Fitch Downgrades Allstates IFS Ratings to A, ESG-Bashing Triggers More NZIA Defections, Alabama DOI Needs Insurers to Light Up the Budding Medical Marijuana Business in the State, Why Recruiter Retention Is a Problem for Insurance Agencies, FEMA Hit by Multi-State Lawsuit Over Flood Insurance Rating Formula, UN Says U.S. The Department of Agriculture and Industries will play a significant role in regulating cultivation. Alabama. Birmingham has not yet addressed the issue. Under Alabamas program, only doctors who receive training in medical marijuana will be authorized to recommend the products for certain ailments including panic disorder, Parkinsons Disease, post-traumatic stress disorder, chronic pain, and other medical issues. Oklahoma residency can be established by providing a digital, color copy of a combination of the following documents that provide proof of Oklahoma residency for the duration of the 2 or 5 years: Utility bills, excluding cellular telephone and internet bills, A residential property deed to property in the State of Oklahoma, A current rental agreement for residential property located in the State of Oklahoma, Other documentation deemed sufficient by OMMA. Please review the instructions on our Commercial License Background Check Information sheet before submitting an application. Note that while not all license types list a minimum capital requirement, the capital investment for licensing and building out of each license type can range quite a bit. Huntsville and Mobile are considering options on how to move forward. Author(s)
MONTGOMERY, Ala. ( WIAT) As of Thursday, Alabamians can take the first step to apply for medical cannabis dispensary licenses through the Alabama Medical Cannabis Commission. The law establishes a state regulatory system for the cultivation, processing, and sale of medical cannabis to eligible patients, the licensing process is set to begin in October of 2022. The Alabama Medical Cannabis Commission (AMCC) voted to formally deem 90 business applications during its meeting Thursday, meaning those applications will now go through a review, evaluation and scoring process. Press enter to open menu items. applicant is An Individual applicants must be Oklahoma residents. You must request an application before September 17, 2022. Application fee for cultivation facilities: $15,000. Each licensee can operate three dispensaries. Public comments in favor or opposed to granting a license to a particular applicant must be made electronically through the AMCC website. This article provides detailed information on Alabama medical cannabis business license application process, requirements, and costs. Please note: No Alabama Medical Cannabis Certification Permit will be issued until the Alabama Medical Cannabis Commission has issued at least one license each for a cultivator, a processor, a secure transporter, and a dispensary. Applicants must provide documents establishing the applicant; and the members, managers, and board members, if applicable; and 75% of the commercial applicant's ownership interests are Oklahoma residents as required in the Oklahoma Medical Marijuana and Patient Protection Act, 63 O.S. started. We are still receiving them daily, said Peters, referring to the businesses requesting application forms. A 14-member Alabama Medical Cannabis Commission will oversee licensing and regulation. If you are selected, then you have until December 31, 2022 to complete the application forms. This article provides detailed information on the Alabama medical license application process, requirements, costs, duration to earn a Alabama cannabis license! The licenses require a $40,000 a year licensing fee. Copyright 2023 Alabama Board of Medical Examiners & Medical Licensure Commission. Florida regulations require a performance bond of as much as $5 million. According to the law, one-fifth of all issued licenses, are awarded to business entities at least 51 percent of which are owned by members of a minority group or, in the case of a corporation, at least 51 percent of the shares of the corporation are owned by members of a minority group and are managed and controlled by members of a minority group in its daily operations. Foley Mayor Ralph Hellmich said his city simply copied the language of the Montgomery city ordinance before voting on it. With an unmatched track record of success, the knowledgeable staff at Cannabis License Experts (CLE) will help you swiftly secure your cannabis license in Alabama. Licensed to practice since 2008, Thomas Howard has represented numerous financial institutions in litigation to enforce their security interests. The act establishes a process through which applicants will compete for a limited number of licenses in the following categories: (1) cultivator; (2) processor; (3) dispensary; and (4) integrated facility (which can cultivate, process, transport, and dispense medical cannabis under one license), as well as a to-be-determined number of licenses for secure transporters and testing laboratories. Carriers But with the right information and guidance, it can become much simpler. You can view a full list of Alabama applicants in the attached document below. The identity of all individuals with direct or indirect ownership interests in the applicant. This story was updated at 11:58 a.m. on September 22, 2022, to clarify Alabama Citizens Action Programs stand on the medical marijuana law. We hope to bring some of those (younger workers) back and to form a great partnership with Tuskegee University, which has a tremendous agriculture program.. AMCC Administrative. Applicants for a dispensary license must pay a non-refundable application fee of $2,500. Supporters of the states new medical marijuana program have repeatedly stressed that the state is not moving forward with the legalization or recreational marijuana, which is legal in 19 states. The act requires that applicants include a bevy of information in their applications, including: Under the act, licensees must maintain at least $2 million in liability and casualty insurance coverage, and the Commission may promulgate regulations that establish minimum levels of other financial guarantees that licensees must maintain. The name, business address, business telephone number, and Social Security number or if applicable, the federal tax identification number, of the applicant. FAQ To increase your chances of winning a dispensary license, you'll want to read the following: Alabama Medical Cannabis Commission Bill (SB46); and Learn about the latest news, announcements and upcoming events on the topics that are important to you and your business. Please provide the business name, license number and details about the missing product, including Metrc RFID tag numbers if known. At this date, the Alabama Department of Insurance has had difficulty determining whether such liability and casualty insurance in the medical cannabis area is available in the Alabama market, reads a bulletin posted in May. Cannabis Business Advisors is available to consult with any applicant interested in securing one of the new Alabama medical marijuana licenses. Only four counties have done so Butler, Cullman, Houston, and Macon. To apply for re-issuance of an expired ACSC, please contact our office using the Contact Form (choose ACSC from drop-down list). Only applicants who. Under the new law, common cannabis products like flower, vape products or edibles are banned. The only other large city in Alabama to follow suit was Tuscaloosa, which voted on a similar ordinance in August. A vertically integrated licensee would be able to operate up to five different dispensaries in different counties and dispensary license holders can have up to three locations. What do I do if my business was affected by a tornado or another natural disaster? All medical marijuana businesses pay a 4% tax on sales; standard 6.5% state sales tax and local taxes apply. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. The window for marijuana business applications closed Dec. 31, 2022. So, we will help you in meeting all the requirements, pass the application process for the first time, and get your license right away. The properly filed, amended, and corrected applications, will proceed to the review, evaluation and scoring process. Dispensary license application fees are calculated as 10% of the sum of one year of the dispensarys combined annual state sales tax and state excise (medical marijuana) tax. A statement listing the names and titles of all public officials of any unit of government, and the spouses, parents, and children of those public officials, who, directly or indirectly, own any financial interest in, have any Page 60SB46 1 beneficial interest in, are the creditors of or hold any debt instrument issued by, or hold or have any interest in any contractual or service relationship with an applicant. Copyright 2021 Cannabis License Experts. For the local governments, the actions are considered largely a formality that allows them to host a dispensary. However, nothing definitive can be said about exact costs because they are subject to change pending the final application release. The Alabama medical cannabis business license application process is a complex process that will take time and resources to complete successfully. A state-specific Drug Enforcement Administration (DEA) registration is applied for after receiving an ACSC. Dispensaries will be required to pay a $40,000 annual licensing fee. Do I need to submit a separate license application for each location of my business? Rules and Regulations. [1] There is also a credit card processing fee, which is 2.25% of the application fee plus $2 for example, a $2,500 application fee is calculated as 2.25% of $2,502, for a total credit card processing fee of $58.25. The law is known as the Darren Wesley Ato Hall Compassion Act, or the Compassion Act for short, and it allows the use of medical marijuana to treat certain medical conditions. It is crucial that applicants make sure that theyve budgeted enough capital investment to show the state that they have the financial backing to be successful in this industry. The state will be doling out 12 cultivator licenses, which allow license holders to grow marijuana, sell or transfer the cannabis to a processer, or sell or transfer the marijuana to a dispensary. Applications to operate a dispensary or another operation related to the medical marijuana industry in Alabama will be issued to requestors on October 24. The applicants anticipated or actual number of employees. The Alabama medical cannabis license application requires a $2,500 license application fee for all license types. The sale or transfer of medical cannabis to a dispensary. An entity licensed by the Department of Agriculture and Industries and the commission authorized to grow cannabis. More information is available from erick.wright@insurance.alabama.gov. We will update this information with more details once they become available. LEARN MORE. 2023 Advance Local Media LLC. A state testing laboratory license authorizes the licensee to possess and test cannabis and medical cannabis products cultivated or processed at licensed facilities. Governor Kay Ivey of Alabama signed SB 46 into law on May 17th, 2021, legalizing medical marijuana in the state. The Commission is expected to make applicant names and application contents (as redacted by applicants) available for public inspection April 14. Dispensaries must provide proofthe nearest perimeter wall is not within 1,000 feet of the property line for any public or private school. However, for those interested in getting involved on the business side, license applications are expected to begin on Sept. 1, 2021. The cost of the application for a medical license in Alabama is generally $300. The council agrees that the state and the city of Pelham have a substantial interest in protecting residents from the dangers of recreational marijuana, the Pelham proclamation reads. A medical marijuana dispensary license allows a business to legally sell medical marijuana and medical marijuana products, including mature plants and seedlings. Gulf Shores will take the matter to its planning commission on Tuesday in the form of a zoning text amendment that defines what is a dispensary site.. The organization did not advocate for the medical marijuana law when it was up for debate in 2021. A dispensary license authorizes the licensee to: (1) purchase and transfer cannabis from a processor, integrated facility, or cultivator, if the cultivator contracted with a processor to process its cannabis on the cultivators behalf; and (2) dispense and sell medical cannabis to a registered qualified patient or registered caregiver. Kay Ivey for a ceremonial signing of a bill to legalize medical marijuana in 2021. Some 90 enterprises, including some of larger names in the cannabis business, have applied for licenses, according to the Alabama Medical Cannabis Commission. If you have a trade name/Doing Business As (DBA) that is different than your entity name, it must be listed on your application. HB 3208 (2022), passed by theOklahoma Legislatureand signed by theGovernor, put the moratorium in place. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 4/4/2023), Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (updated 1/26/2023). What if my legal business name is different than my trade name/DBA? The commission can increase the number of sites to meet demand. Licenses are expected to be awarded at the commission's meeting scheduled for June 12. Renewal fee for dispensaries: $22,500. The purchase or transfer of medical cannabis from an integrated facility. Unless the business entity is a sole proprietorship or general partnership, the applying entity must submit a copy of the Oklahoma Secretary of States certificate of good standing document. A dispensary license authorizes the following: The purchase or transfer of medical cannabis from a processor. Required fields are marked *. Among the 90 applications advancing to the review process, there are 38 integrated facility applications, 18 dispensary applications, 12 cultivator applications, 11 processor applications, nine secure transporter applications and two state testing laboratory applications. We will focus on Alabamas medical cannabis licensing application requirements, duration & more. It issued a proclamation only. The Act establishes a process through which applicants will compete for a limited number of licenses in the following categories: (1) cultivator; (2) processor; (3) dispensary; and (4) "integrated facility" (which can cultivate, process, transport, and dispense medical cannabis under one license), as well as a to-be-determined number of licenses. But if a dispensary makes pre-rolls out of multiple harvest batches, the pre-rolls need a new compliance test before sale.
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