Are there any requirements for obtaining a license to sell cannabis?
Yes, in order to obtain a license to sell cannabis in Wisconsin, there are certain requirements that must be met. First, individuals applying for a license must be at least 21 years of age. Secondly, they must submit an application to the Wisconsin Department of Agriculture, Trade and Consumer Protection including a detailed business plan that outlines their proposed business operations. Additionally, applicants must have a secure facility in which to store the product, must have the appropriate security measures in place to monitor the sale and use of cannabis, and must submit evidence of financial solvency. This includes a Certificate of Authority, which is a document showing that each establishment has been approved for the sale of cannabis by the State of Wisconsin. Finally, applicants must pay the appropriate licensing fee, which is currently set at $2,500 for a retail license, plus an additional $50 for each location where cannabis will be sold. There are currently no restrictions on the number of licensing locations or on how many businesses can be owned by one person. In summary, individuals seeking a license to sell cannabis in Wisconsin must meet the following requirements: be 21 years or older, submit a detailed business plan to the Department of Agriculture, Trade and Consumer Protection, have a secure facility for storage, provide evidence of financial solvency, and pay the required licensing fees.
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