The cost of acquiring a CBD license in Texas depends on the specific type of license you require and the activities you plan to undertake. Here’s a breakdown of the main costs:
Consumable Hemp Products License:
- State license fee: $258 for a one-year license (renewable).
- Additional fees:
- $155 per location registration fee.
- Fingerprint processing fee (varies by provider).
- Any applicable processing or administrative fees.
Hemp Producer License:
- State license fee: $100 for a one-year license (renewable).
- Additional fees:
- $100 per Lot Crop Permit (required for each planting area).
- Facility registration fee: $100 per facility.
- Testing fees (determined by lab).
Other potential costs:
- Business insurance: Varies depending on coverage and company.
- Legal fees: Consulting an attorney specializing in hemp regulations may be beneficial.
- Product testing and labeling costs: Ensure your products comply with state and federal regulations.