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New Hampshire

CANNABIS DISPENSARY REGULATIONS FOR NEW HAMPSHIRE

The number of cannabis dispensaries has increased in several states across the United States, including New Hampshire. These establishments offer a variety of cannabis products to individuals who have been prescribed or authorized to use medical marijuana, as well as to recreational users in states where it is legal. With the recent legalization of recreational marijuana in neighboring states such as Massachusetts and Maine, there is a growing interest and demand for cannabis dispensaries in New Hampshire.

The fee structure for Retail Stores, Cultivation Facilities, and Product Manufacturing Facilities is identical. The application fee has yet to be determined, but the non-refundable portion is $1,000 and is adjusted annually for inflation. The application review fee is $500, except for the smallest tier of cultivation facilities, which is $75. For the smallest tier of cultivation facilities, the application, registration, and annual renewal fees are capped at $250. For all other facilities, the registration and annual renewal fees cannot exceed $10,000, unless the commission determines that a higher fee is necessary.

It’s important for entrepreneurs to understand and follow key considerations when establishing a dispensary business in the highly regulated cannabis industry in New Hampshire. With the cannabis industry rapidly growing in the state and several licensed dispensaries already in operation, learning how to open a dispensary in New Hampshire can be a lucrative opportunity.

Contact a PayRio representative today and learn more about our payment processing solution for your New Hampshire cannabusiness.

CANNABIS LEGALIZATION HISTORY IN NEW HAMPSHIRE

New Hampshire has taken a cautious approach to cannabis legalization. In 2013, the state passed a law legalizing medical cannabis, which allowed qualified patients to purchase and possess medical cannabis for certain conditions. Since then, there have been efforts to expand access to medical cannabis in the state. In 2019, the state approved the use of medical cannabis for opioid addiction treatment.

Efforts to legalize recreational cannabis in New Hampshire have so far been unsuccessful. However, there have been ongoing discussions and efforts to decriminalize possession of small amounts of cannabis, and to create a regulatory framework for recreational cannabis use in the state.

Overall, New Hampshire’s cannabis policy remains limited, with only medical cannabis legal in the state. While there have been some recent efforts to expand access to medical cannabis, ongoing concerns about access and affordability suggest that there is still significant work to be done to ensure that patients have access to the care they need.

LAST UPDATED 5/10/2023 – It’s important to remember that laws can be revised and updated frequently, so please keep this in mind.