How to Start a Medical Marijuana Dispensary Business - PowerPoint PPT Presentation

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How to Start a Medical Marijuana Dispensary Business

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Various tips are provided to start up your own Marijuana Dispensary Business – PowerPoint PPT presentation

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Title: How to Start a Medical Marijuana Dispensary Business


1
How to Start a Medical Marijuana Dispensary
Business
2
Legal Risks and Eligibility Factors
Medical cannabis is classified as a Schedule 1
drug under the federal Controlled Substance Act.
This means that its classified as a potential
drug use product, and it can only be suggested,
not prescribed. Theres not much case law on this
topic, so dispensaries true legal status (when
it comes to federal law) is cloudy.
3
Research Policies, Licensing, Cost, and Location
A total of 34 states, District of Columbia, Guam,
Puerto Rico and US Virgin Islands have approved a
comprehensive, publicly available medical
marijuana/cannabis programs.
4
Cannabis Training
Working at a dispensary means your clients need
to learn to trust you and your knowledge. They
gain that trust by purchasing products that you
recommend that work. Therefore, you need to come
to interviews prepared to give excellent advice
and demonstrate your knowledge of the plant.
5
Business Plan
A good business plan guides you through each
stage of starting and managing your business.
Check out legally rooteds comprehensive business
plan for medical marijuana dispensaries.
6
Acquire Finance
Because marijuana is still not legal at the
federal level, its more difficult for owners of
medical marijuana dispensaries to apply for
loans, merchant accounts, or receive other types
of financing to cover operating expenses.
7
Make a Team
When it comes to building the best team possible
at your shop, you need to think about two types
of individuals your professional support that
works behind the scenes and your day-to-day
staff.
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