How do I get a vendors license to sell medical marijuana to the dispencaries as a wholesaler? I am also Opening a medical marijuana dispensary to dispense medical marijuana to licensed patients.
Thus, the type of business is a marijuana retail service, we will supply dispensaries with medicine for their patients, my hub of operations will start out in my home until i grow enough to move to a larger location What information or what licenses I need to start a Medical Marijuana and Holistic dispensary.
What are the rules and regulations if it is a doctor visit, physical therapy and dispensary needs? You will need at least
1. A Medical Marijuana Business License,
2. A Sellers Permit,
3. A Federal Tax ID Number,
4. A State Employer Identification Number, and
5. A DBA or
6, instead of a DBA you can incorporate or form an LLC.
I already have one business and LLC and resale license but this would be a new business LLC and resale license.Your Medical Marijuana business information renders the following legally required documents: Thus alternatively, you can form an LLC limited liability company or Incorporate your business and then you will not need a DBA Business Assumed Fictitious Business Name Certificate because there will not be an assumed business name involved. In fact, namely, the Medical Marijuana LLC or corporation name is not a fictitious name because it is the legal name of the legal person that the corporation becomes subsequently to its legal recording of the business document. Additionally, If you eventually decide to employ Medical Marijuana workers, as mentioned above, you will also need a federal employer number EIN and a state EIN. Thus, to be Medical Marijuana legally conforming with federal, state and local licensing laws, regulations and ordinances including zoning, tax, and locally association related laws that directly apply to your business to be launched, here is what you need. The Medical Marijuana trade name registration is required because you are using a fictitious business name which in effect means that the name is a figment of your mind wondering and you just think of that name that came out of nowhere but your own mind. Thus, the Medical Marijuana Assumed Business firm name, it is a trade name that came out of your imagination and it is thus fictional hence the designation fictitious. The purpose of a DBA fictitious assumed business name registration is firstly and most importantly to protect the consumer public from companies that might be a Medical Marijuana DBA doing business as to collect money and disappear. So the answer to the starting a business licensing question above is that because you have any employees, and you are selling any products or merchandise that requires the collections of sales tax, you need business permits and tax ids to start. For instance, you need to get a Medical Marijuana business local registration license, most likely at the county or city level government with the clerk of said government and which is, also called a home occupation permit or simply a business occupational tax license. The business license is almost always required by at least one level of government whether that is the federal, state, county or city government. It is also called aMedical Marijuana federal registration, state professional license or tax registration, county premises inspection and licensing or municipal tax registration or permit as well as a business personal property tax on your business equipment.
So I need to know what steps are necessary to be completely legal and compliant to sell medical marijuana AND is it legal to grow medical marijuana? That means that if you will be a corporation or LLC, you will not have to worry about being personally sued or being liable for acts that arose out of business transactions. Anyhow, you need to file a dba and instead of that you can just become a corporate entity. Instead of registering a fictitious business name, you can simply incorporate or form and LLC. The latter two protect you from lawsuits vs. your personal assets such as your house, automobile and other precious personal property or real estate you might own. A DBA Doing business as or assumed business name registration is required for your use of a trade name but does nothing to protect your personal assets nor does it protect the name that is registered.
I want to be a medical marijuana vendor working from home. If you form an Medical Marijuana LLC limited liability company, your creditors or judgment holders will not legally be able or have the power to go after your home or expensive car to satisfy these judgments. An LLC or Corporation at least protect the name at the state lever. I.e., other LLCs or Corporation cannot use your business name. A DBA Doing Business As Fictitious business name does not protect your trade name against others who want to use in commerce. You can apply and get all licenses on this website. We have the lowest prices in the industry and we are quick and professional.
I know how to obtain these but do I need anything else, like a dispensary license or permit license to sell in a building?
Other than the business license, the Medical Marijuana sellers permit, fed id, and state ein, you will need to file a DBA and register your business trade name if you use a fictitious business name doing business as DBA as your trade name. If you have the bad luck or simply decide to be a partnership – NOT recommended even if your wife or husband is the partner… actually, we don’t recommend a husband and wife business ! - A Medical Marijuana partnership is differs from a sole proprietorship in that there is more than one owner, i.e., a business entity with 2 or more members that it is either a general or limited partnership, you must identify it to the IRS, also called uncle Sam, your partner in your bank account, with a business tax id number and that is a federal tax id number and you can, also, use it instead of you social security number to open a bank account -- note that getting a fed tax id is HIGHLY recommended mainly because it is a good defense against identity theft. That is, if you use your social security number SSN as your Medical Marijuana business tax id what will happen is that you will have to take it out each and every time you apply using a government form or even applying for simple business materials credit or any other transaction that requires identification of your business number. It is easily inferable, a no brainer, in other words, then that your social security number will be up for grabs and that, if anyone uses it to steal your identity, the fact can really ruin your day. From this argument, you can logically conclude that is really NOT a good idea to use your social as a business tax id…. GET A FEDERAL TAX ID FOR THAT! Finally, do Medical Marijuana rightly, prudently and smartly right from the business start up. We recommend that you get an LLC formation or Incorporate here online because we are legal filing specialists and have the lowest prices for the complete and entirely legitimate service we provide.
How much would a medical marijuana dispensary cost and how long is the application process?