Market Map

New Hampshire
Cannabis Market

New Hampshire Cannabis Market At-A-Glance

Overall Rating: B+
The New Hampshire medical cannabis market is highly regulated and has stabilized in 2021. There is opportunity for growth once the state legalizes adult-use cannabis.
Medical Use: Yes
Adult Use: No
Market Potential
B+
There is no market potential in New Hampshire at the moment except for cannabis testing labs.
Licensing
C
Licensing is expensive and limited.
Competition
A
Competition is rather low for New Hampshire because there are only 3 licensed dispensaries.
Tax/Regulatory Structure
A+
No taxes on medical cannabis.

New Hampshire Cannabis Details

Population (Rank)
1,036,000
#41
Size/Density
148.2 sq. miles
#27
Medical Cannabis?
Yes
2013
Adult-Use Cannabis?
No
NA
2020 Medical Sales
2022 Projected Medical Sales
$14,000,000
$36,000,000
+157%
2020 Adult Use Sales
2022 Projected Adult Use Sales
NA
NA
NA
Regulatory Agency
New Hampshire Department of Health and Human Service--Office of Operations Support-Therapeutic Cannabis Program
https://www.dhhs.nh.gov/oos/tcp/
# of Dispensaries (allowed/issued)
4
4
# of Cultivators (allowed/issued)
Encompassed by Alternative Treatment Centers
Encompassed by ATCs
# of Manufacturers (allowed/issued)
Encompassed by ATCs
Encompassed by ATCs
# of Testing Labs (allowed/issued)
NA
20+ possible labs
Vertical Integration?
Allowed but not required
Residency Requirements?
ATC must be a majority of NH residents
Social Equity?
No

Cannabis Taxes

Combined Tax Rate
None
Excise Tax
None
Retail Sales Tax
None
Local Sales Tax
None
State Sales Tax
None
Cultivation Tax
None

Licensing Fees (per year)
*Varies based on gross revenue

Alternative Treatment Centers for Geographic Locations 1,2,3 | Annual Renewal
$80,000 (20,000 due within 10 days of selection, $30,000 due with the registration application, $30,000 due upon the notice of registration approval) | $80,000
Alternative Treatment Centers for Geographic Location 4 | Annual Renewal
$40,000 (10,000 due within 10 days of selection, $15,000 due with the registration application,$15,000 due upon the notice of registration approval) | $40,000

Application Fees

Alternative Treatment Centers
$3,000
13/09/2021