North Carolina Cannabis Consultant

North Carolina Cannabis Consultants | Updated July 2021

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North Carolina Cannabis Consultant

Updated July 2021| North Carolina’s senate recently approved a bill to legalize medical cannabis in North Carolina. Would you like to start a cannabis business in North Carolina? Would you like to learn how to win a license and succeed in the cannabis industry? If you answered yes to the previous questions, then our North Carolina cannabis consultants have the solutions you need.

In this article, our North Carolina cannabis consulting firm outline:

The proposed medical cannabis market in North Carlina;
The process of applying for a North Carolina medical cannabis business license; and
A step-by-step guide on how to win a medical cannabis business license in North Carolina.

Reach out today to speak with our cannabis license experts in North Carolina and get your questions answered.

Overview of North Carolina Medical Cannabis Legalization Bill

North Carolina’s senate recently approved Senate Bill 711 that would legalize medical cannabis for patients with debilitating conditions. The bill would establish a medical marijuana supply and distribution system within the state. Additionally, the bill establishes the Medical Cannabis Production Committee to oversee the program, including business licensing.

Not later than 270 days after the passing of the bill, the Medical Cannabis Production Commission shall establish a medical cannabis supply system that authorizes suppliers to produce cannabis and cannabis-infused products in licensed cannabis products facilities and distribute them through medical cannabis centers.

Our North Carolina Cannabis Consultants recommend reviewing the bill. It outlines the rules and regulations for medical cannabis businesses in North Carolina. It also gives you an idea of the types of cannabis licenses that are available and the process of applying for those licenses.

Fortunately, our marijuana business consultants in North Carolina have distilled complex information from the bill and summarize it in easy to understand language below.

Types of Medical Cannabis Business Licenses in North Carolina

North Carolina only intends to award one type of license — the Medical Cannabis Supplier License.

More specially, the Medical Cannabis Supplier License in North Carolina permits you to:

Grow, cultivate, produce, or sell cannabis or cannabis-infused products.
Operate a business to produce cannabis or cannabis-infused products.
Establish or operate a medical cannabis center for the sale of cannabis, cannabis-infused products, and paraphernalia relating to the administration of cannabis to qualified patients and designated caregivers who hold valid registry identification cards.

Put differently, the Medical Cannabis Supplier License is similar to a vertically integrated cannabis business license. It allows you to cultivate, produce, and sell medical cannabis.

Under the Medical Cannabis Supplier License, you can own and operate a production facility and a medical cannabis center.

The Production Facility is where you will cultivate, process, and produce cannabis and cannabis-infused products. On the other hand, the medical cannabis center is the premises where you will sell medical cannabis to patients and caregivers.

According to our North Carolina Cannabis Consultants, we have reasons to believe the state will issue 40 Medical Cannabis Supplier Licenses.

Restrictions on sales for Medical Cannabis Supplier Licensees

Our North Carolina Cannabis Consultants outline the restrictions on the sale and supply of medical cannabis in the state. Thus, restrictions enforced by the Commission include:

The supplier may sell cannabis and cannabis-infused products only through the medical cannabis center that the supplier is licensed to operate under this section.
The supplier may sell only cannabis grown by the supplier at the production facilities approved under this section. Except as provided in subdivision (3) of this subsection, the supplier shall not sell cannabis, cannabis plants, cannabis seeds, or cultivation equipment to any other person other than through the medical cannabis center that the supplier is licensed to operate.
The supplier may sell cannabis or cannabis-infused products for resale to another licensed supplier.

Application Process for Medical Cannabis Licenses in North Carolina

At this point, our North Carolina Cannabis Consultants will tell you how to apply for a medical cannabis business license in North Carolina.

To begin, applicants must submit an application for a Medical Cannabis Supplier License on forms provided by the Commision.

North Carolina’s Medical Cannabis Supplier License application will require:

The applicant’s name and any legal names the applicant will use for facilities where the applicant will produce cannabis and for each medical cannabis center and production facility the applicant proposes to operate.
The address of each property, location, or premises the applicant will use to produce cannabis, of each production facility the applicant will use to process cannabis or produce cannabis-infused products, and of each medical cannabis center the applicant will use to dispense or distribute cannabis.
Proof the applicant has been a State resident for at least two years and will be the majority owner of each medical cannabis center and production facility the applicant proposes to operate. The applicant may include nonresident partners with demonstrated ownership and operation experience in the cultivation, production, extraction, product development, quality control, and inventory management of cannabis products in a state-licensed medical or adult use cannabis operation and shall provide proof of state residency for any nonresident partner of the applicant.
Proof in a manner and amount as the Commission shall specify by rule that the applicant has sufficient liquid and nonliquid assets to operate as a supplier for two years as a part of the medical cannabis supply system established by this Article.

To receive a high score on your Medical Cannabis Supplier License Application, you will also need to demonstrate:

Requisite expertise in controlled environment agriculture and at least five years of experience in cultivation, production, extraction, product development, quality control, and inventory management of medical cannabis in a state-licensed medical or adult use cannabis operation meeting standards that the Commission shall specify by rule.
Significant technical and technological ability to cultivate, produce, and distribute medical cannabis in a manner that meets industry standards for production consistency and safe handling.
Relevant experience in securing cannabis production, testing, resources, transportation, and personnel to operate as a safe and secure supplier in compliance with all state regulations in which the applicant has prior experience.

Additionally, you must submit proposed operating procedures for each production facility, medical cannabis center, and component of the applicant’s proposed medical cannabis supply system, including record keeping and security requirements as the Commission shall specify by rule.

In order to ensure compliance with this section, the Department shall conduct a criminal history record check of any person whose name is submitted on an application as an owner, director, or an employee of the supplier.

Application Fees for Medical Cannabis Supplier License in North Carolina

For first-year licensees, a nonrefundable license fee in the amount of fifty thousand dollars ($50,000) plus five thousand dollars ($5,000) for each production facility or medical cannabis center the applicant proposes to operate under the license.

For licensees seeking license renewal, a nonrefundable renewal fee in an amount not less than ten thousand dollars ($10,000) plus one thousand dollars ($1,000) for each production facility or medical cannabis center the licensee operates under the license and annual audited financial statements audited by an independent certified public accountant.

Additional Information related to North Carolina Medical Cannabis Business Licenses

Qualifying conditions for Medical Cannabis in North Carolina

If you’re wondering, “what are the qualifying medical conditions for medical cannabis in North Carolina?” then wonder no more.

Our North Carolina Cannabis Consultants provide the list of debilitating medical conditions below that qualify for medical cannabis in North Carolina:

a. Cancer.
b. Epilepsy.
c. Positive status for human immunodeficiency virus (HIV).
d. Acquired immune deficiency syndrome (AIDS).
e. Amyotrophic lateral sclerosis (ALS).
f. Crohn’s disease.
g. Sickle cell anemia.
h. Parkinson’s disease.
i. Post-traumatic stress disorder, subject to evidence that an applicant experienced one or more traumatic events. Acceptable evidence shall include, but is not limited to, proof of military service in an active combat zone, that the person was the victim of a violent or sexual crime, or that the person was a first responder. Details of the trauma shall not be required.
j. Multiple sclerosis.
k. Cachexia or wasting syndrome.
l. Severe or persistent nausea in a person who is not pregnant that is related to end-of-life or hospice care, or who is bedridden or homebound because of a condition.
m. Any other serious medical condition or its treatment added by the Medical Cannabis Advisory Board, as provided for in G.S. 90-113.116.
n. Other debilitating medical conditions of the same kind or class as, or comparable to, those enumerated in this subdivision.

Help from our Cannabis License Applications Writers in North Carolina

Quantum 9‘s expert cannabis consultants in North Carolina are prepared to help entrepreneurs and investors navigate the industry.

Our firm specializes in crafting competitive applications to acquire permits to operate cultivation, processing, or dispensing cannabis businesses.

Moreover, our team consists of the best cannabis consultants in the world. Our team has consistently solved the hardest problems facing the industry because we have the best people.

With resources in the United States, Canada, and Europe, our team draws from expertise worldwide. In addition, we have developed proven strategies and technologies that our clients used to beat their competition.

Quantum 9 provides clients with extensive executive coaching to help obtain local support as well as submit for state permits.

Also, our cannabis consultants will project manage the entire submission process from initial idea to acquisition of the permit. Our expert cannabis consulting team will handle the business plan creation, facility design, application writing services, and help with your community involvement.

As an added benefit, we assist with executive recruitment for your cannabis businesses. Our team will also conduct all of your lobbying and government relations.

Conclusion

Therefore, if you are looking to acquire a license to operate a cannabis business in North Carolina, look no further. Our North Carolina cannabis consultants will do whatever is necessary to help your business acquire a license.

We encourage you to reach out to us to learn how our cannabis consultants in North Carolina can help your business.

North Carolina Cannabis Consultant