Medical marijuana growers vie for limited licenses in Utah

in Local Roundup

SALT LAKE CITY — It will cost a Utah grower or processor of medical marijuana $100,000 in licensing fees, which “is a “drop in the bucket” where marijuana is concerned,” said Drew Rigby, the state’s cannabis program manager.

“The fees represent the market opportunity at hand,” he said Wednesday following a sparsely attended public hearing where processing establishment rules were to be discussed. Applicants for a limited number of cultivation licenses are also required to have at least $250,000 set aside for potential issues that deal with running a business of this kind.

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