Arkansas panel sets $15K application fee to grow medical pot

courtesy: MGN Online
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LITTLE ROCK, Ark. (AP) - A state commission says Arkansas residents hoping to grow medical marijuana must pay a $15,000 application fee in addition to a licensing fee.

The Arkansas Democrat-Gazette reports that the Arkansas Medical Marijuana Commission approved the plan 4-1 on Tuesday. The licensing fee has yet to be determined.

The $15,000 fee is the maximum allowed under the medical marijuana amendment that voters approved last month. Unsuccessful applicants will get back half of the application fee.

The panel's dissenting vote came from Commissioner Travis Story, who said growers need to demonstrate the financial ability to operate a cultivation facility.

The commission must create rules by June to govern how Arkansas residents can apply for cultivation and dispensary licenses. Lawmakers could extend the deadline with a two-thirds vote.