The applicants interested in starting a legal marijuana establishment must be ready to bear great costs that are associated with setting up a business and running it smoothly. The cultivation center is the most expensive type of marijuana business. They require a lot of money to start because a new facility will be built or the renewal of an existing facility to meet the required standards of the activities that will be done within the facility. When applicants are submitting a recreational marijuana cultivation application, it must be noted that there must be at least two million dollars in the bank account.
The cost of a recreational marijuana cultivation application is a non-refundable fee. Thus, in each state, the application fee varies. Involving experts such as engineers, attorneys, architects, electrical experts, accountants and other experts at the time the application is made will cost more money. However, it depends on how large the cultivation facility is going to be, the initial cost and the running cost for the business to run successfully will cost up to ten million dollars.
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