Official: Medical Marijuana Licensing Fees Could Exceed Program Costs
State regulators are acknowledging proposed licensing fees for medical marijuana businesses could initially exceed the state's costs of operating the program. Missy Craddock of the Ohio Medical Marijuana Control Program says some guess work is involved. She said it's far easier to reduce fees in the future than to raise them. The program has borrowed 1.8 million dollars to start. It's requesting roughly 2.5 million a year for operations in the upcoming two-year state budget. Craddock says that doesn't include a number of unknown costs, including setting up the program's licensing, product tracking and payment systems and establishing a required toll-free hotline. If the state issues all its available licenses to cultivators, processors and dispensaries, proposed fees would generate 10.8 million dollars.