How much is a dispensary license in NY?

The cost of a dispensary license in New York varies depending on the type of license and the specific circumstances. Here’s a breakdown of the current fees:

  1. Retail Dispensary License:
    • Application fee: $1,000 (non-refundable)
    • License fee: $7,000 for a two-year period
  2. Conditional Adult-Use Retail Dispensary (CAURD) License:
    • Application fee: $2,000
    • License fee: $5,000
  3. Delivery License:
    • Additional fee: $4,500 on top of the dispensary license fee
  4. Distributor License:
    • Fee: $7,000 for a two-year period

 

It’s important to note that as of March 22, 2024, the New York State Cannabis Control Board has waived licensing fees for Adult-Use Conditional Cultivators for two years. These fees typically ranged from $4,500 to $40,000 depending on the license tier and canopy size.

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