The cannabis industry is extremely popular in California. You can make lots of money if you have a cannabis business, but first, you must obtain a license. Find out how to get a license so you can start your own business. Also, learn how to conduct a California cannabis license search to check a company’s credentials.
California issues various licenses for business owners. The license you need depends on the type of business you want to run. If you want to grow cannabis, you will need a cultivation license.
You will need to get a license to manufacture cannabis products if you want to make edibles. You can also get a license for temporary cannabis events, microbusinesses, and testing labs. Cannabis distributors and retailers need to have a license to operate.
The application process depends on the type of license you need. Retailers, distributors, microbusinesses, testing labs, and companies hosting temporary events need to apply through the Bureau of Cannabis Control. Cultivators need to register with the CalCannabis Cultivation Licensing division. Finally, companies that want to manufacture cannabis-infused edibles must obtain a license through the Manufactured Cannabis Safety Branch.
You can apply online for the license that you need. Before you apply, make sure that you have registered your business. You will also need to have a business location, bond, and a business plan that includes the anticipated gross revenue. The cost is partially based on the estimated revenue, so you need to be as close as possible.
You will discover the specific licensing instructions when you fill out the online application. Once you submit it, the board will process your application, and you will find out if you have been approved for your license.
Once licensed, your information will appear on the licensing board’s website. For instance, you could conduct a Bureau of Cannabis Control California license search on the bureau’s website to find your licensing information. You can also use the California Bureau of Cannabis Control license search to find information for other businesses.
The BCC license search tool is just one option. You can use the California cannabis business license search tool at the top of this page. Unlike the California cannabis bureau license search, this tool includes information from all the licensing bureaus and departments.
Licensing costs vary based on the type of license and your specific business needs. If you get your license from the Bureau of Cannabis Control, you’ll pay $1,000 for an event organizer or temporary event license. However, if you’re running a testing laboratory, your license will cost at least $3,000 and can go up to $112,000, depending on the gross revenue. A distributor license starts at $1,500 for businesses that earn less than $1 million in revenue and goes up to $240,000 for companies that earn over $70 million.
A retailer license starts at $2,500 for companies that make up to $500,000. It goes up to $96,000 for businesses that earn more than $7.5 million a year. The Bureau of Cannabis Control Text of Regulations includes licensing fees.
If you are registering with CalCannabis, fees range from $1,205 to $77,905. You can find a list of fees on the department’s website.
The application and license fees range from $1,000 to $75,000 for businesses that register with the Manufactured Cannabis Safety Branch. You can find out how much you’ll pay by reviewing the approved California Code of Regulations.
If you live in a jurisdiction that requires a city or county license, get it first. You can then get a state license.
The state does not limit the number of commercial cannabis licenses issued. However, the licensing authorities must determine if issuing a license will cause an excessive concentration of cannabis businesses in an area. Also, local governments can limit the number of licenses allowed.
Register your business and get your paperwork together. Then, visit the licensing bureau’s website to get your license. Once you get your license, you can begin doing marijuana business in California. You might want to work with other licensed companies when you start your business. Bookmark this page, so you can easily access the California cannabis license search tool at the top.
Then, you can verify credentials before you start working with that company.