What is commercial cannabis cultivation and processing?

Cannabis cultivation is the process of growing cannabis within a regulated environment for the consumption via a medical or adult-use cannabis program. Generally cultivation refers to the agricultural activities associated with the propagation and growing of cannabis. Cannabis processing is when you manufacture finished cannabis products, packaging of dried flowers or manufacture and package cannabis-based products (i.e. extracts, edibles, and topicals). To be able to produce cannabis and cannabis derived products commercially a specific license is required, requirements depend on the state in which you are locating this business.

How much will I need to spend for a cannabis cultivation license and facility?

The fees for a cannabis cultivation license vary greatly depending on the state in which the facility is to be located. Also facility build out costs vary greatly depending on the type of cannabis cultivation facility (indoor, mixed-light green house, outdoor). Depending on the facility type a cultivation facility can range from 2 million to 20 million dollars.

What agency oversees and regulates Georgia’s medical cannabis program?

Through Georgia’s HB 324 also known as “Georgia’s Hope Act,” the Georgia Access to Medical Cannabis Commission is to oversee the regulation and licensing of medical cannabis businesses in the state. The commision has seven members.

How much does it cost to start a medical cannabis cultivation in Georgia?

The licensing and application fees and capital requirements range per cultivation class. Class 1 Proof of at least $2 million in available cash reserves Proof of $1.5 million cash bond payable to the state of Georgia Non-refundable cannabis application fee - $25,000 Initial Cannabis Licensing fee - $200,000 Annual Cannabis Renewal fee - $100,000 Class 2 Proof of at least $1.25 million in available cash reserves Proof of $625,000 cash bond payable to the state of Georgia Non-refundable application fee - $5,000 Initial Licensing fee - $50,000 Annual Renewal fee - $50,000

Can licensee’s hold ownership in multiple medical cannabis facility licenses in Georgia?

No, Georgia law prohibits any person or entity holding an ownership interest in a license issued in Georgia from holding ownership interest in any other license or license type.

What cannabis products are allowed in Georgia’s medical cannabis program?

Georgia’s low-THC medicinal program is very limited in terms of product types. Georgia law only authorizes registered patients to access up to 20 fluid ounces of low THC oil.

Georgia Cannabis License Solutions

The Georgia Cannabis License Experts experienced team will help you to get your Georgia cannabis license faster and with an unmatched success rate. Having to repeat your Georgia cannabis license application process will set your business back by months and significantly impact your earnings potential. We’ll help you navigate the Georgia cannabis license market. We’ll also help you on your path to a Georgia cannabis license and much more by booking your FREE consultation today.

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Georgia Cannabis - Market Overview

On April 17, 2019, Georgia Governor Kemp signed HB324 (the Hope Act) into law allowing qualified patients to possess and have access to low-THC medicinal cannabis oil (limited to 5% THC) in the state. Despite passing this bill and having over 20,000 registered patients, due to litigation over the license application process patients cannot yet access products through licensed dispensaries. It is anticipated the sales will begin in 2023 however this is dependent on the state's ability to properly license cultivators and retailers. However, two bills that are currently in circulation (HB 1425 and SB 609) would basically give this program a new beginning and redo the Georgia cannabis license application process or specifically the application review process. Previously unsuccessful Georgia Cannabis License applicants have cited a lack of transparency in the review and grading process.

Book a free consultation today to learn more about how our Georgia Cannabis License Experts can assist you and your team on your path to licensure within the Georgia cannabis license market.

Georgia Cannabis License Requirements, Timelines, and Selection

HB324 allows for the licensing of six Georgia cannabis grower licenses to be granted through a merit based Georgia Cannabis License application process. Two Georgia cannabis licenses were designated for Class 1 license types which allow for 100,000 sq ft of grow canopy space, four licenses were designated for Class 2 which allows for 50,000 sq ft of grow canopy space. Both Georgia Cannabis License types allow for the licensee to manufacture low-THC oil to be dispensed through separately licensed pharmacies. The Georgia cannabis production license application period ended on January 27, 2021 however due to litigation and a lack of transparency during the process it is possible that a new process is adopted to review and potentially re-award licenses.

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Georgia Cannabis License Types

Class 1 Georgia Production License
- Allows for 100,000 sq ft of canopy and manufacturing of low-THC oil
- 2 licenses permitted in the program
- Original Georgia Cannabis License application period ended Jan. 27, 2021
Class 2 Georgia Production License
- Allows for 40,000 sq ft of canopy and manufacturing of low-THC oil
- 4 licenses permitted in the program
- Original Georgia Cannabis License application period ended Jan. 27, 2021
Georgia Dispensing License

Rules and Georgia Cannabis License application process yet to be developed

Basic Demographic Information
Resources include the US Census Bureau, City-Data.com, and any additional relevant resources.
Total # of Counties	152
Total # of Cities/Towns	537 cities and towns, 511 special districts
County population in 2019	506,811

Atlanta

Median Age

$67K

Medial Income

$360K

Median Home Price

$1257/Month

Fair Market Rent

Georgia Cannabis License - Business Climate

Overall, Georgia has not embraced medical and adult use cannabis legalization and has a restrictive program compared to other states. The state limits THC content to 5% for all products and is limited in terms of allowed products. That being said, due to the large population in the state and the limited number of Georgia Cannabis licenses available, this state has promise to be a strong market for producers. Currently the Georgia cannabis licensing process is stalled and it is not known when the process will begin again. Georgia is known as a top state to do business in due to low taxes, low wage costs, and favorable regulatory environment.

Georgia Cannabis License - Financial Requirements

As part of the Georgia Cannabis License application process, Georgia Cannabis License applicants were required to show a specific amount of capital investment dedicated to the build out and management of the Georgia Cannabis License applicant’s intended business in addition to the following fees.

Class 1 Georgia Cannabis Producer License

Proof of at least $2 million in available cash reserves
Proof of $1.5 million cash bond payable to the tate of Georgia
Non-refundable cannabis application fee - $25,000
Initial Cannabis Licensing fee - $200,000
Annual Cannabis Renewal fee - $100,000

Class 2 Georgia Cannabis Producer License

Proof of at least $1.25 million in available cash reserves
Proof of $625,000 cash bond payable to the tate of Georgia
Non-refundable application fee - $5,000
Initial Licensing fee - $50,000
Annual Renewal fee - $50,000

Real Estate & Zoning

Consideration for regional and local zoning with regard to allowed proximity to certain Georgia Cannabis License business types, schools, and other prohibited areas should be researched according to local and municipal rules as the state defers to local approval for zoning. Additionally, possession of real estate is required during the Georgia Cannabis License application process.

For more information on the available Georgia dispensaries, how to open a dispensary in Georgia, CBD license cost, Georgia cannabis licenses and much more book your FREE consultation.

https://www.cannabisbusinesstimes.com/article/georgia-regulators-move-to-expedite-hearings-medical-cannabis-licensing-protests/
https://www.gmcc.ga.gov/home

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Applying for a Georgia cannabis License and unsure where to start?

Currently the Georgia cannabis license application period for cannabis licensing in Georgia is closed. New Georgia cannabis license opportunities will be announced as Georgia continues to review and re approach the roll out of its medical program. Now is the time to get ahead of the process by defining your business. Georgia Cannabis License Experts can develop a preliminary business and feasibility plan to help give an understanding of your cannabis business viability within the Georgia cannabis license market and give a head start in the Georgia cannabis license process.

In order to get started, reach out to one of our regulatory experts today to learn more about Cannabis Business Solutions.