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.

How many cannabis establishment license types are available in New Hampshire?

New Hampshire’s cannabis regulations only allow for the issuance of one license type which is the Alternative Treatment Center license (ATC). It permits the licensee to cultivate, manufacture, and dispense cannabis to registered patients.

Can Medical Marijuana card holders purchase from any dispensary?

At the time of the program's launch and up until 2021 registered patients were required to register with an Alternative Treatment Center within their region and could only purchase medical cannabis from the chosen Alternative Treatment Center. In 2021 updates were added to the regulations allowing patients to access medical cannabis through all state licensed Alternative Treatment Centers.

Are edibles allowed in New Hampshire?

Yes, edibles are legal through New Hampshire's medical cannabis program for registered patients.

New Hampshire Cannabis License Solutions

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

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New Hampshire Cannabis - Market Overview

Legalizing cannabis for medical use in 2013 through HB 573, New Hampshire’s medical cannabis license businesses first opened their doors for patients in 2016. Only servicing 2,000 registered patients in 2016, this number increased to 12,000 by May of 2021. Additionally in 2021, HB 605 was signed into law including a more broad list of qualifying conditions than the original legislation allowed for, including opioid disorder. Registered patients in New Hampshire must designate which ATC they will be purchasing from based on geographical location. Currently possession of cannabis in limited amounts is decriminalized for adults over the age of 21 for personal use. However, the New Hampshire Senate vetoed the most recent attempts to create a legal adult-use cannabis market which was proposed to be a state-run cannabis market.

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

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New Hampshire Cannabis License Requirements, Timelines, and Selection

New Hampshire’s cannabis regulations only allow for the issuance of one New Hampshire cannabis license type which is the Alternative Treatment Center license (ATC) which permits the licensee to cultivate, manufacture, and dispense cannabis to registered patients. ATC’s size limitations for cultivation are based on the number of patients that registered to purchase from the ATC. Alternative Treatment Center licenses were awarded in 2015, only three were issued at that time. Currently all eight medical marijuana dispensaries in New Hampshire are owned and operated by one of the three ATC licensee’s. ATC’s are currently required to register as non-profit businesses and can only service the state’s registered patients.

Plans required during the New Hampshire cannabis license application process, including but not limited to:

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Canna License Experts, and their team were retained by our company to help us along the way with a retail canna license. Brian Wolf along with Kalpna Mistry and their team of experts were there the entire way through the process. Thanks again to Brian and Kalpna for all you support from our family at YIELD Cannab Co.

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Basic Demographic Information
Resources include the US Census Bureau, City-Data.com, and any additional relevant resources.
Total # of Counties	10
Total # of Cities/Towns	221 towns and 13 cities
County population in 2019	112,673

Manchester

Median Age

$64K

Medial Income

$254K

Median Home Price

$1184/Month

Fair Market Rent

New Hampshire Cannabis License - Business Climate

Overall, the majority of the state has embraced the formal legalization of cannabis for both medical and recreational use. However the state is yet to formally legalize the sale of adult use cannabis and currently New Hampshire cannabis licenses are not being issued for medical Alternative Treatment Centers. Currently there are not a lot of operators in the state and as the state continues to push for adult use legalization more New Hampshire cannabis licensing opportunities will follow. New Hampshire ranks low on business index ratings due to its low unemployment rate, labor costs tend to be higher in this competitive state.

New Hampshire Cannabis License Financial Requirements

Many States and local jurisdictions require a certain level of liquidity, cash on hand, and /or CPA and/or Bank letters, to ensure that New Hampshire cannabis license applicants have the financial wherewithal from the licensing process through to the initial 2-5 years of operations. Commonly a 3-5 year Financial Pro Forma is also required.

Financial requirements typically include a minimum amount of liquid cash on hand and/or CPA letter. This is common for most jurisdictions as a mandatory part of the application. General minimum requirements for New Hampshire cannabis license applications is a 2-3 year Pro Forma.

Real Estate & Zoning

Consideration for regional and local zoning with regard to allowed proximity to certain business types, schools, and other prohibited areas should be researched according to local and municipal rules. Possession of real estate is often a requirement for licensing prior to New Hampshire cannabis license application submission.

Currently under the medical regulations an alternative treatment center shall not be located in a residential district or within pre-existing designated drug free school zones.

For more information on how to open a dispensary in NH and how to get a New Hampshire cannabis license faster book your FREE consultation to meet us about your compliance needs.

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Applying for a New Hampshire cannabis License and unsure where to start?

Currently the New Hampshire cannabis license application period for cannabis licensing in New Hampshire is closed. New Hampshire cannabis license opportunities will be announced as New Hampshire 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. Our New Hampshire Cannabis License Experts can develop a preliminary business and feasibility plan to help give an understanding of your cannabis business viability within the New Hampshire cannabis license market and give a head start in the New Hampshire cannabis license process.

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