The Texas Department of Public Safety is still reviewing applications from Compassionate Cultivation and Surterra Texas, two other companies expected to receive licenses soon, the Statesman reported.
But the licenses won’t come cheap.
Once approved, the companies must pay a nearly $490,000 fee, as well as a nearly $320,000 renewal fee every two years if they want to keep operating in Texas.
Jose Hidalgo, chief executive officer of Cansortium Holdings in Florida, told the Fort Worth Star-Telegram that the company expects “to have the medicine by the end of this year, I hope by December.”
“Our focus is to give access to patients,” Hidalgo said.