Delaware Code Title 4 Sec. 1341 – Microbusiness application and fees
Current as of: 2023 | Check for updates
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(a) A microbusiness license issued under this part is valid for 2 years. Each application for a microbusiness license must contain all of the following:
(1) The application materials required by the Commissioner.
(2) The discounted application fee in the amount of $3,000.
(3) Materials required § 1331(3) and (4) of this title.
Terms Used In Delaware Code Title 4 Sec. 1341
- Commissioner: means the person appointed by the Governor and confirmed by the Senate who serves as the Marijuana Commissioner for the State. See Delaware Code Title 4 Sec. 1302
- License: means any license or permit to cultivate, possess, manufacture, sell, transport, or test marijuana or marijuana products and accessories authorized or issued by the Commissioner under this chapter. See Delaware Code Title 4 Sec. 1302
- Microbusiness license: means a license issued pursuant to part C of subchapter III of this chapter which includes any of the following:
- Open license: means a license issued pursuant to part B of subchapter III of this chapter that is not a social equity license or microbusiness license which includes all of the following:
(b) A microbusiness licensee shall pay the Commissioner biennially for the microbusiness license at a discounted rate of 40% of the applicable open license. A microbusiness licensee must renew the license biennially by paying the fee required by this subsection and by providing confirmation that all of the criteria in § 1340 of this title are satisfied.