State Accepts Applications to Process and Transport Cannabis | Arkansas Business NewsPosted by On

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As state officials begin accepting applications for processing and transport licenses in the growing medical marijuana industry, executives on the cultivation side expressed doubt that processing will generate much business.

The Arkansas Medical Marijuana Commission (MMC) is now accepting applications for the two new licenses, according to Arkansas Department of Finance & Administration spokesman Scott Hardin. The state constitutional amendment that legalized medical cannabis did not set a limit on the number of licenses in the transport and processing specialties.

“Amendment 98 did not establish a limit on the number of these licenses,” Hardin said in an email. “The application fee is $5,000 with a $100,000 bond required for licensing.” There’s no competition for the licenses, he added, and no deadline for submitting applications.

The commission will consider applications as they come up at regular commission meetings.

But since there are no requirements for cultivators or dispensaries to use transport or processing companies, demand for the services is questionable, two cultivation company officials told Arkansas Business.

“Currently all cultivators are doing their own processing, so short term I don’t see it being a big business,” said Robert Lercher,…

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We were unable to send the article.

As state officials begin accepting applications for processing and transport licenses in the growing medical marijuana industry, executives on the cultivation side expressed doubt that processing will generate much business.

The Arkansas Medical Marijuana Commission (MMC) is now accepting applications for the two new licenses, according to Arkansas Department of Finance & Administration spokesman Scott Hardin. The state constitutional amendment that legalized medical cannabis did not set a limit on the number of licenses in the transport and processing specialties.

“Amendment 98 did not establish a limit on the number of these licenses,” Hardin said in an email. “The application fee is $5,000 with a $100,000 bond required for licensing.” There’s no competition for the licenses, he added, and no deadline for submitting applications.

The commission will consider applications as they come up at regular commission meetings.

But since there are no requirements for cultivators or dispensaries to use transport or processing companies, demand for the services is questionable, two cultivation company officials told Arkansas Business.

“Currently all cultivators are doing their own processing, so short term I don’t see it being a big business,” said Robert Lercher,…



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