By John W. Fraser

Medical marijuana entrepreneurs seeking to start their own “cannabusiness” will have to show fairly significant liquid capital assets as a prerequisite to obtaining a license to operate. We previously covered the comments from LARA’s Director of the Bureau of Medical Marihuana Regulation Andrew Brisbo from the October 17, 2017 Medical Marihuana Licensing Board Meeting. At the meeting, Director Brisbo announced LARA’s intended capitalization requirements for each type of license and have been confirmed in LARA’s most recent advisory bulletin. LARA’s capitalization requirements for medical marijuana facilities are as follows:

  • Grower