Creative Commons
Cannabis equity businesses can now request a license fee waiver from the Department of Cannabis Control.
The cannabis business must meet the following criteria:
Equity ownership: Individuals who meet the equity criteria own 50% or more of the business.
Gross revenues: The business has gross revenue of $1.5 million or less per year. If a new applicant, the business expects gross revenue of $1.5 million or less for the first year.
Learn more about qualifying neighborhoods, or use our map tool to see if you lived in a qualifying area.
Guidance Document
DCC’s guidance document tinyurl.com/2p8bwppa describes the equity fee waiver program. The document includes: A description of eligibility criteria; A list of documents that can be used to demonstrate eligibility; Steps to request a fee waiver.
Request Form, tinyurl.com/5n6vfw2n
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