Planning to start a marijuana dispensary? Read this
On November 8, 2016, California voted on Proposition 64, Adult Use of Marijuana Act and approved it. It allows for legal recreational marijuana and marijuana dispensaries in California. With the caveats that consumers and sellers must be over 21 years of age, businesses cannot be locatedwithin 600 feet of daycares, schools, or other youth centers and large-scale marijuana operations are prohibited.
Budding entrepreneurs looking for information on starting their own recreational Marijuana Dispensary in California can find it at Dispensehemp. Everything you could want and need to know about legally creating a marijuana dispensary is included free of charge.
Why Jump into This Budding Opportunity?
It’s legal to sell in 2018.
Large marijuana outlet cannot sell their products for the first five years to give small business a chance to get a foothold in the marketplace.
Your competition may not be good at business. They will mostly be potheads and former drug dealers, not real business owners.
The industry is ripe for new business owners and isn’t over saturated.
Know Before You Grow
You will need to understand how to run a business, basic cash accounting, and hiring of employees. You will also need to understand what education you need to plant and care for your supply.
Don’t forget to consider all the legal paperwork that you must fill out before you can open a business.
State License – This license is the state license for the Bureau of Cannabis Control.
Fictitious Business Name Statement – If you are doing business under a name other than your exact name, you need to fill out a form stating what your business name is with the county clerk in the county that you are doing business with.
Business License – After you have your state license you need to obtain a business license from your local city hall.
Home Occupation Permit – If you are running your business out of your home, you need to have a home occupation permit from yourlocal city hall.
Articles of Incorporation – If you are a corporation, you will need to fill out the articles of incorporation.
Other Documents – If you structure your business differently you may have other forms to fill out.
After you have the proper knowledge of how to care for your plants, you need to have all the supplies that make up your grow house anddispensary. Consider everything from grow lights, pottery, to things required to supply the product to the customer.
Also, consider where to legally obtain seeds and plants for your dispensary.
Perhaps most important of all is marketing your business so that customers can find you. Identifying your target audience and speaking to them directly while creating a buzz about your product and dispensary is important.
Be sure to ask your customers to give referrals to their friends. Consider a membership club. Remember that you are marketing your business all the time, no matter where you are. Develop an elevator pitch that you can give to anyoneanywhere.
A marijuana dispensary in California can be a rewarding and fruitful career choice for the right type of person who is interested in the business aspect and is serious about the horticulture of plants.