New York's Office of Cannabis Management is keeping license fees low to empower social equity applicants and make it easier for them to establish their dispensary business. But a non-refundable application and license fee of $2,000 must be submitted along with your application. Note that this is just the conditional license fee, and further information about license conversion and renewal fees is yet to be released. There are a lot of other costs associated with opening a dispensary. Our updated 'How to open a dispensary' guide for the US is a great resource if you want to venture into the cannabis retail business. Click below to download.