“Our regulations currently are 170 pages of text of requirements, just for the bureau,” she said. “And then you look at them paying license fees, at the local level and at the state level, and our licensing fees range from $500 to over $120,000 every year. And then you add on the state cultivation tax and excise tax and the retail sales tax. And you see that the price of cannabis is going down, so they’re not making the profits they probably once were.”
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Torrey Holistics

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“Our regulations currently are 170 pages of text of requirements, just for the bureau,” she said. “And then you look at them paying license fees, at the local level and at the state level, and our licensing fees range from $500 to over $120,000 every year. And then you add on the state cultivation tax and excise tax and the retail sales tax. And you see that the price of cannabis is going down, so they’re not making the profits they probably once were.”

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