Marijuana Dispensary: How to Open and Operate One - PowerPoint PPT Presentation

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Marijuana Dispensary: How to Open and Operate One

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Before being open for operation, get a list of all required paperwork you need to submit, pay for all licenses and permits. This is a sure way of avoiding being on the wrong side of the law. With the documentation in order your opening business doors can now be flung open. – PowerPoint PPT presentation

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Title: Marijuana Dispensary: How to Open and Operate One


1
Marijuana Dispensary How to Open and Operate One
2
Marijuana has been that drug that when mentioned
people are often uncomfortable. Recently some
states, countries or cities have legalized the
use and growing of medical marijuana. With the
use and growth getting the green light, the
medical marijuana dispensary sector has grown in
leaps and bounds, providing employment
opportunities and accruing massive revenue.
3
The medical fraternity together with patients who
are terminally ill have given the drug widespread
approval for its use as a pain reliever.
Something that has been elusive for the users of
marijuana is knowing the right dosage for
treatment and recreation. If administered and
used recklessly without proper dosage and
supervision, marijuana can cause other
complications leading to addiction and fatality.
4
States like California and Alaska have legalized
the dispensation of marijuana for both
recreational and medical use through permitted
channels like marijuana dispensaries. There are
many factors that should be considered before
operating one. Being informed on how to open a
dispensary will be by doing extensive research on
the laid down procedures and law that govern such
businesses because it varies from one state to
another. After doing your research, there are
some of the common business areas you need to
have knowledge about before capitalizing on the
opportunity. These are
5
Business Permits and Licensing
  • For a business to be considered legit, you will
    have to register your company with the local
    authorities. That should be the first step.
    Before being open for operation, get a list of
    all required paperwork you need to submit, pay
    for all licenses and permits. This is a sure way
    of avoiding being on the wrong side of the law.
    With the documentation in order your opening
    business doors can now be flung open.

6
Resources Needed
  • It is quite capital intensive to opening a
    dispensary in California or in any other state
    since this is a new scope of business with
    authorities charging exorbitant fees. Ask for
    professional help in locating a prime area to set
    up shop, procuring initial stock, hiring of
    qualified personnel, paying for licenses and any
    other expenses. Write up business plan to know in
    detail what is needed for this kind of business.
    The question how to open a dispensary that has
    good returns will be answered if business is
    operational but this may take time so try and be
    patient. Have a time frame to operate within as
    it will help you sort out some details.

7
Suppliers
  • You need to create a good rapport with suppliers
    as they contribute significantly in this sector.
    You will need to find a supplier who is reliable
    and will supply you with the quality and quantity
    consignment as agreed. In case you find it quite
    burdensome in this area, you can start
    cultivating your own marijuana to curb the
    shortages.

8
Customers
  • Since this is a new opportunity get to know your
    target market. Work closely with medical
    practitioners and clinics as they are directly
    involved with the patients.

9
Visit this link to receive all information
regarding different state laws on how to operate
a dispensary in the area you are interested in.
10
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