The City of Senatobia’s Board of Aldermen set the medical cannabis permit fee at the regular scheduled meeting held Tuesday, August 16.
Any businesses wishing to open a dispensary within the city limits of Senatobia will need to meet all the state requirements and pay a permit fee of $1,500. The fee will be required annually to maintain the city business license.
Currently, business permit fees for other types of businesses in Senatobia range from $20 to $100 annually.
Before the business can apply for the city’s permit, the state requires a first year license fee of $40,000. Of the amount, $15,000 is a non-refundable application fee, and $25,000 is the annually required state license fee.
The Department of Revenue is responsible for licensing dispensaries and began accepting applications in July of this year. The Department of Revenue released a checklist for obtaining a medical cannabis dispensary license. Prior to applying for a license, the business will need to register for a Mississippi Sales Tax account and receive a sales tax permit and will need to register with the Mississippi Secretary of State for any applicable entity.
The following information must accompany an application for review by the agency:
• Legal name of business and physical address (No PO Box allowed)
• Proof of Mississippi Secretary of State Registration, if applicable Open configuration options
• Mississippi Sales Tax Permit Number
• Management Service Agreements, if applicable
• Deed of Trust, Lease Agreement, or Contingent Agreement, if applicable
• Land Survey by a Mississippi-licensed surveyor proving that the main entrance of the dispensary is not within 1,000 feet of a school, church, or childcare facility’s nearest property boundary line
• Waiver of Minimum Distance Requirements (childcare, school, church), if applicable
• Local business permit or license registration, if required by city or county (if under construction, projected date of issuance of city/county license)
• List of all parties with 10% or greater economic interest
• Acknowledgement of Waiver and Authorization to Release Information for each member
• List of professional licenses held by each member and verification of good standing
• Licensee Certification/Oath
• Diagram of licensed premises
• Operation plan
• Security plan
Additionally, Senatobia’s Board of Aldermen voted all dispensaries must restricted to B-2 zoned areas within the city. B-2 zoned areas include most of the commercial districts in Senatobia. Downtown Senatobia is zoned B-1 and dispensary sites will not be allowed in the downtown district.
The cultivation and processing sites are allowed in M-1, or industrial zoned areas such as locations along Scott Street and areas along Shands Bottom Road.
Certain stipulations apply for dispensary and cultivation sites in proximity to churches and schools. The sites cannot be within 1,000 feet of either churches or schools. The law also doesn’t allow dispensaries to be within 1,500 feet of each other.