Utah Cannabis Legalization

Posted by rohanrj on November 5th, 2019

Utah Proposition 2, the Medical Marijuana Initiative was on the ballot in Utah as an initiated state statute on November 6, 2018. Gov. Gary Herbert signed the measure into law on December 3, 2018.

How much does it cost to open a dispensary

The state law allows up to 14 cannabis dispensaries and 8 cultivation licenses. The dispensaries are set to open in the state in 2020.

Unprocessed cannabis flower can be sold in blister packs of no more than 1 gram each and edibles are prohibited, except for gelatin cubes.

According to the rules for Utah’s new medical cannabis program, the state plans to charge ,000 application fee and an additional ,000-,000 annual licensing fee for retailers and 0,000 for cultivators.

The number of patients is estimated to be between 100,000 and 180,000. MJBizDaily projects that the Utah program will generate million- million in annual sales within several years of launching.


rohanrj

About the Author

rohanrj
Joined: July 22nd, 2017
Articles Posted: 92

Claim 1 FREE Stock! No Purchase Necessary!
You have a 100% chance of receiving one free stock! Click to claim and have a chance to get one share of Facebook, Visa, Microsoft and others for free!
FREE App - Earn up to 25/gal cash back on gas!
Download this FREE app and earn cash-back when you buy gas, groceries and food! 100% FREE to join and FREE to earn cash back on your everyday purchases!
Quality Office Furniture USA Shipped Direct - Madison Liquidators
Nationwide vendor of quality office furnishings including Desks, Office Chairs, Conference Tables, Cubicles and more!
Earn HNT Tokens with a Helium Hotspot!
Pre-Order a Helium hotspot and earn HNT tokens that are redeemable for USD. Set it and forget it!
Lolli: Earn Free Bitcoin When You Shop Online!
Lolli is a rewards application that gives you bitcoin for shopping at your favorite online stores.
Fold - Earn free bitcoin when you shop
Earn bitcoin cashback rewards when you shop at top retailers, including Amazon, Uber, Starbucks, Chipotle, and more. Download the app, sync your payment method and start earning bitcoin today!