No more than 4 Licenses to be awarded.
A processor license authorizes all of the following:
- The purchase or transfer of cannabis from a cultivator.
- The processing of cannabis into medical cannabis which shall include properly packaging and labeling medical cannabis products, in accordance with the law.
- The sale or transfer of medical cannabis to a dispensary.
Annual License Fee: $40,000
Read more about the requirements to become a processor in §20-2A-63. Additional details concerning the application process and processing can be found here. (Need link for this)