Business

Dept. of Cannabis Control Accepts Requests for Equity Fee Waivers

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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