California Dispensary Business Plan
We want our dispensary store to be the number one choice of all residence of los angeles and other cities in california.
California dispensary business plan. The fact that the pharmaceutical industry is highly regulated means that any entrepreneur who wants to run a medical marijuana dispensary business must be ready to play by the book or they will be booted out of business. Here is a great piece on how to convince your local government that you deserve a medical marijuana dispensary license. F you are looking to learn more about medical marijuana how it is grown or how to open a marijuana dispensary or business that is legal you must consider attending california 420 university. The business plan must be evaluated in the context of this entire.
Chimes notes that california s state policies are going through a time of transition making it all the more imperative that you pay attention to the rules. Marijuana dispensary business falls under is directly influenced by a country s healthcare reform policies. Small business administration a great resource for small business entrepreneurs but it is specifically tailored to meet the needs of someone starting a cannabis dispensary. There are bills presently before the california legislature intended to provide regulatory certainty statewide and while it is still uncertain whether those laws.
Dispensaries operating in california. California 420 university premier national cannabis institute. This summary encapsulated the entire business plan so typically it is the last thing to get written. Dispensary location must be more than 500 1000 feet away from schools churches and other restricted locations varies by state must have a complete business plan with an outline of property ownership costs business licenses etc.
Studies demonstrate that entrepreneurs who write a business plan are almost three times as likely to succeed in launching their business. A good cannabis consulting will have experience in obtaining land use permits which require a business plan floor plan site plan security plan community relations plan and financial analysis. Once you have a business plan in place it s time to get down in the dirt with california s complex cannabis regulations. Tammy morgan medical marijuana dispensary store is not looking forward to operate a regular medical marijuana dispensary but we want to become the biggest medical marijuana dispensary store in california.
Research policies legalities licensing cost and location. The business plan that follows is based on an outline provided by the u s. Compliance with all safety regulations. Get familiar with california s current regulatory climate.