Dispensing Organization Licenses
Adult Use Dispensing Organization Licenses | |
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Early Approval Adult Use Dispensing Organization License | Current medical licensees only, Only ones who can sell 1/1/2020, Can apply 60 days after effective date of act, non refundable $30k app fee, Non-refundable Bus Dev Fee lesser of 3% of sales (6/1/2018-6/1/2019) or $100,000, |
Early Approval Adult Use Dispensing Organization Secondary Site | $70k-100k Social Equity Inclusion Plan, Fees in addition to medical renewal Valid until March 31, 2021, $30k renewal Compilation Report due 60 days post calendar year end (3/1) Does not specify basis of accounting, independence Secondary site needs to be in BLS region in same territory as 1st location Same fees and information as above Top scorers, reserves the right to license if meets conditions up to 75 issued prior to May 1, 2020 Application to be available prior to October 1, 2019 Department to accept applications no later than Jan 1, 2020 non refundable fee of $5k |
If awarded 180 days to find location, if not may be relocated at states discretion, can be lost By December 21, 2021 shall issue up to 110 additional $60K license “registration” fee, can be prorated by issuance date Expire March 31 of even years Compilation Report due 60 days post calendar year end Does not specify basis of accounting, independence |
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We service: Chicago, Elmhurst, Oak Brook, Lombard, Wheaton, Downers Grove, Naperville, Bolingbrook, Romeoville, Lockport, Orland Park, Elk Grove Village, Schaumburg, Evanston, Carol Stream, Elgin, Northbrook.