North Dakota

Market Map

North Dakota
Cannabis Market

North Dakota Cannabis Market At-A-Glance

Overall Rating: C

North Dakota is another state in the early stages of legalization. Citizens hope to place a recreational marijuana bill on the 2022 ballot next year. There are four medical dispensary regions open in the state.

Medical Use: Yes

Adult Use: No

Market Potential

C-

Very limited. Vertical integration is required.

Licensing

C-

No sign of annual renewal fee, so overall the licensing is not too expensive.

Competition

Since there are only 8 dispensaries allowed in a state that is very uncrowded, competition is rather low.

Tax/Regulatory Structure

North Dakota only requires a state tax that is low.

North Dakota Cannabis Details

Population (Rank)

767,062

#47

Size/Density

9.7 sq. miles

#47

Medical Cannabis?

Yes

2016

Adult-Use Cannabis?

2020 Medical Sales

2022 Projected Medical Sales

$1,000,000

$36,000,000

+100%

NA Adult Use Sales

NA Projected Adult Use Sales

Regulatory Agency

North Dakota Department of Health

https://www.health.nd.gov/mm

# of Dispensaries (allowed/issued)

# of Cultivators (allowed/issued)

# of Manufacturers (allowed/issued)

# of Testing Labs (allowed/issued)

Vertical Integration?

Required

Residency Requirements?

Not known yet

Social Equity?

Cannabis Taxes

Combined Tax Rate

Excise Tax

Retail Sales Tax

Local Sales Tax

State Sales Tax

Cultivation Tax

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

Dispensary

$25,000

Application Fees