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The rules and regulations, which are defined by the State Department of Health, will dictate the types of any businesses which must be licensed. Typically speaking, these would include a grower, a producer, a transporter, a testing facility or facilities, and various dispensers. In addition, the State Department of Health will define the qualifications for licensure, the cost of the license application, and the time frame by which the license would be issued. I believe applications for any of those areas of business could be received by the State Department of Health on July 1, with the issuance of those licenses by August 15. Obviously, leadership will need to work with the State Department of Health to make sure that they have sufficient personnel, and the expertise to process the applications and issue the licenses.

It is unknown whether the state board will try to limit the number of licenses in any particular area, the length of the license, or the area covered by the license. These matters are currently in the process of being written and produced, which is why it’s so important that people who are interested to stay current on the latest developments, and secure appropriate legal counsel to make sure they can navigate the process once it becomes live in the State Department of Health.

What Are The Different Types Of Medical Marijuana Licenses That A Business Will Want To Consider Applying For?

In most states, licenses are issued for growers, producers, transporters, and testing facilities in order to make sure that the medical marijuana meets certain criteria as established by the State Department of Health. Some states have waste disposal licenses as well. The State Department of Health will set out the requirements one must follow in order to be a dispenser, producer, grower etc., and to comply with the rules and regulations of the state.

Do You Have To Be A Resident Of Mississippi To Operate And Own A Medical Marijuana Business In The State?

The State Department of Health will have to determine whether a person must be a resident of Mississippi in order to operate and own a medical marijuana business in the state. I believe that it’s bad business for the state to try to put up a fence around the state and preclude anyone else from participating in the business, such as interested individuals from Oregon, California, and Washington State. However, I could see there being some requirement to first involve only local counsel or have only local affiliations. It is my anticipation that Mississippi will be open for business for people across the country who have a degree of expertise, knowledge, or desire to be involved in the medical marijuana business in Mississippi. Ultimately, the State Department of Health will make this determination.

Will Those Who Are Involved In The Medical Marijuana Business In Mississippi Need To Pass A Criminal Background Check Before They’re Granted A License?

Most states require some background information and certainly ask questions about one’s criminal background history. In addition, most states will invalidate a proposed license application if any of the owners of that entity have a criminal background to the level of a felony. In my opinion, I believe that the requirements and limitations regarding criminal history that apply in other states will apply in Mississippi as well.

Has A Tax Structure For Medical Marijuana Businesses In Mississippi Been Established?

A seven percent tax has been approved and cannot be altered, amended, or modified by the legislature. To know that there will not be periodic fluctuations in the tax structure on the end product in Mississippi, offers tremendous stability.

For more information on Medical Marijuana in Mississippi, a case evaluation is your next best step. Get the information and legal answers you are seeking by calling (601) 871-3377 today.

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