State regulators in Ohio recognize that proposed licensing fees for medical marijuana businesses could initially surpass the state?s costs of running the program.
The program is requested approximately $2.5 million a year for operational costs in each of the next two years. That doesn?t comprise several unknown costs, including preparing the program?s licensing, product tracking and payment systems and creating a necessary toll-free hotline.
In the event the state issues all of the licenses it?s making accessible ? 24 to cultivators, 40 to product processors and 60 to dispensaries ? fees as proposed would create $10.8 million. The state has also made application fees for the licenses non-refundable.
Several advisers pushed back against the notion that fees may be overly high.