Terms Used In Vermont Statutes Title 7 Sec. 977

  • Board: means the Cannabis Control Board. See
  • Dispensary: means a business organization licensed under this chapter or 18 Vt. See
  • Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Registry: means the Vermont Medical Cannabis Registry. See

§ 977. Fees

(a) The Board shall charge and collect the following fees for dispensaries:

(1) a one-time $2,500.00 application fee;

(2) a $20,000.00 registration fee for the first year of operation;

(3) an annual renewal fee of $25,000.00 for a subsequent year of operation; and

(4) an annual Registry identification or renewal card fee of $50.00 to be paid by the dispensary for each owner, principal, financier, and employee of the dispensary.

(b) Fees shall be deposited in the Cannabis Regulation Fund as provided in section 845 of this title. (Added 2019, No. 164 (Adj. Sess.), § 12, eff. March 1, 2022; amended 2021, No. 86 (Adj. Sess.), § 9, eff. March 25, 2022.)