Starting a Cannabis

Dispensary – Your

Questions Answered

The Dispensary Experts: http://www.thedispensaryexperts.com/

Introduction

According to all sources, the medical marijuana industry is already

responsible for the fastest growing market in the United States.

It shows absolutely no sign of slowing down anytime soon.

With that in mind, your thoughts have already turned to starting a cannabis

dispensary of your own, and claiming your share of an industry projected to

be worth over $10 billion in just three short years.

Yet, before you do, you’ve got questions

you want to be answered.

The Dispensary Experts are a collective of America’s leading marijuana

professionals who pool their combined insights and experience to help people

from all walks of life to get started in the legal weed trade.

To help you on your way, we took some of your most pressing questions to

them, and present the answers here.

Can I open a marijuana dispensary

anywhere?

Not necessarily, though you do have plenty of options available to you right

now.

At time of writing, medical marijuana is legal in just less than half of all US

states.

Even more states are expected – or at least hoped – to follow suit in the

coming months and years.

We’ve put together our own guide to where medical weed is legal in the USA,

though be aware that even in these states, certain counties or cities still have

their own regulations outlawing dispensaries, so it pays to check.

What kind of permit am I going to need?

On the whole, this is going to depend on the individual state you’re planning

to operate in.

Most will have their own marijuana permits and licenses.

That said, you will usually find some similarities.

For example, each state will have a permit requirement for your dispensary

as well as a professional license for you and each of your team.

There’ll also be the usual business permits and tax rules to comply with.

Need a little more than that? Here’s more information about licenses and

permits for cannabis dispensaries.

I heard that I need to form a non-profit,

is that true?

In most places, yes. You’ll find that the law states that you can ‘work

collectively with the state’ to supply your products to medical marijuana

patients.

To this end, it’s important to incorporate a non-profit cannabis collective.

Does that mean you can’t make any money in this industry? Of course not.

We’ll tell you more about how to make money with your non-profit later on.

Should I write a cannabis business plan?

Absolutely!

Having a business plan in place is a sensible idea whether you’re selling weed,

Winnebagos, or anything else.

It’s the foundation of your operation, guiding and informing the way you work

on a daily business.

In this market, it’s even more than that. It’s the document that will help you

secure those licenses we talked about earlier, not to mention funding from

your investors.

We’ve got more advice on this subject in the following articles:

4 key things to include in your marijuana business plan

Writing a marijuana dispensary business plan

Will I need an expensive lawyer?

Absolutely not!

Despite what others may tell you, it’s entirely possible to start a legal

dispensary quickly, easily, and without spending half of your budget just on

hiring a lawyer.

The advice contained within this article (and the ones we’ve linked to) barely

skim the surface in terms of the advice, guidance and support offered by The

Dispensary Experts, who put together their own comprehensive guide to

starting a cannabis dispensary.

It contains a simple, step-by-step formula for success, including how to legally

make money from your non-profit company, how to get your licenses with

minimum of hassle, and more, all for hundreds of dollars less than the price

of a lawyer.