Guam's Medical Cannabis License Applications Now Available
People interested in the medical marijuana business started applying for licenses on Wednesday at the Department of Public Health and Social Services.
Patients could have access to medical marijuana by this summer, according to the department.
Director James Gillan said there were 40 applicants as of 2 p.m. Wednesday.
Public Law 33-220, which became law Dec. 17, 2016, implements the rules and regulations for the medical marijuana program first approved by voters in the November 2014 General Election.
The law states Public Health shall accept applications for proposed medical cannabis business licenses within 30 days of the bill becoming law.
The law states licenses can be issued for several types of cannabis businesses: commercial cultivation; commercial manufacturing facility; dispensary; and medical cannabis testing laboratory.
Gillan said most of the applications so far are for cultivation, with others for manufacturing and dispensing.
The non-refundable application fee ranges from $2,000 to $10,000,...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin