Iowa Code § 124E.8 - Medical cannabidiol dispensary licensure
AI-assisted research summary: The department must run the licensing process for up to five medical cannabidiol dispensaries, and applicants must pay a $5,000 fee.
1. a. The department shall issue a request for proposals to select and license by April 1, 2018, up to five medical cannabidiol dispensaries to dispense medical cannabidiol within this state consistent with the provisions of this chapter. The department shall license new medical cannabidiol dispensaries or relicense the existing medical cannabidiol dispensaries by December 1 of each year. b. Information submitted during the application process shall be confidential until a medical cannabidiol dispensary is licensed by the department unless otherwise protected from disclosure under state or federal law. 2. As a condition for licensure, a medical cannabidiol dispensary must agree to begin supplying medical cannabidiol to patients by December 1, 2018. 3. The department shall consider the following factors in determining whether to select and license a medical cannabidiol dispensary: a. The technical expertise of the medical cannabidiol dispensary regarding medical cannabidiol. b. The qualifications of the medical cannabidiol dispensary’s employees. c. The long-term financial stability of the medical cannabidiol dispensary. d. The ability to provide appropriate security measures on the premises of the medical cannabidiol dispensary. e. The medical cannabidiol dispensary’s projection and ongoing assessment of fees for the purchase of medical cannabidiol on patients with debilitating medical conditions. 4. Each entity submitting an application for licensure as a medical cannabidiol dispensary shall pay a nonrefundable application fee of five thousand dollars to the department. 2017 Acts, ch 162, §11, 25