N.Y.
Cannabis Law Section 63
Fees
1.
The board shall have the authority to charge applicants for licensure under this article a non-refundable application fee. Such fee may be based on the type of licensure sought, cultivation and/or production volume, or any other factors deemed reasonable and appropriate by the board to achieve the policy and purpose of this chapter. 1-a. The board shall also have the authority to assess a registered organization with a one-time special licensing fee for a registered organization adult-use cultivator processor, distributor retail dispensary license. Such fee shall be assessed at an amount to adequately fund social and economic equity and incubator assistance pursuant to this article and paragraph (c) of subdivision three of State Finance Law § 99-II (New York state cannabis revenue fund)section ninety-nine-ii of the state finance law. Provided, however, that the board shall not allow registered organizations to dispense adult-use cannabis from more than three of their medical cannabis dispensing locations. The timing and manner in which registered organizations may be granted such authority shall be determined by the board in regulation.2.
The board shall have the authority to charge licensees a biennial license fee. Such fee shall be based on the amount of cannabis to be cultivated, processed, distributed and/or dispensed by the licensee or the gross annual receipts of the licensee for the previous license period, and any other factors deemed reasonable and appropriate by the board.3.
The board shall waive or reduce fees pursuant to this section for social and economic equity applicants.
Source:
Section 63 — Fees, https://www.nysenate.gov/legislation/laws/CAN/63 (updated Apr. 9, 2021; accessed Oct. 26, 2024).
