A 10-Step Guide to Opening a Weed Dispensary and Keeping It Open
You have a vision. You’ve collected some cash. You love pot and know everything about it. Now, this coming weekend, you can open a dispensary, right?
LOL … Not exactly. Just consider these things first:
· Some states perform background checks before granting licenses; felons and anyone convicted of a drug-related crime are banned from operating a marijuana retail business.
· Selling weed for cash is inherently risky; you’re prone to security threats, government raids, and being shut down due to complaining neighbors.
· Marijuana carries a stigma. Future employers may frown upon your involvement in the cannabis industry.
It’s unlikely you’ll turn a profit for the first six months in business.
On the plus side, ArcView Market Research, a weed-focused investment and research firm, projects the legal-cannabis industry will grow 25 percent in 2016, amounting to around $6.7 billion in total U.S. sales. Virtually all of that marijuana will reach its end market through dispensaries.
How to grab a piece that dispensary pie breaks down into 10 steps:
- Hire the professionals 420 Biz Connect to assist you with all of the licensing process, application process, paperwork process in the state of California.
- Understand the Sate and Local Laws of Marijuana and Cannabis
- Find a location that is in compliance with local and state zoning laws.
- Get Funding
- Understand Marijuana Cannabis Business, and the local rules and ordinances to operate a marijuana cannabis business
- Maintain a perfect image and reputation
- Maintain and Regulate clients and members applications
- Create an effective marketing plan for your business
- Maintain Spread Sheets of all records income and expenses
- Reap the rewards of your hard work in the marijuana cannabis blooming industry
The California Experts for opening a marijuana cannabis dispensary is 420 Biz Connect
350 South Figueroa St.,Suite 280
Los Angeles, CA 90071
(323)430-8333