How Much Is It To Open A Dispensary In Massachusetts?
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According to Forbes, the cost to start up a marijuana dispensary in Massachusetts ranges from $325,000 to $1.13 million. The price would include:
The license application fee:
The license application fee varies depending on whether you’re a craft marijuana cooperative, a micro-business, a product manufacturer or a research facility. The application fee can cost $1,000 to $1,500, but the annual license fee is $10,000.
Infrastructural costs: The bulk of the cost to start a dispensary in Massachusetts goes into infrastructure. It includes the building, location, security measures, storage rooms, processing rooms, retail rooms, and growing rooms (if applicable).
