Opening a marijuana business is a lengthy and time consuming procedure, so it is important for applicants to remain patient when submitting their applications for marijuana dispensary. The laws keep changing and the changing laws is one of the reasons why sometimes there is a delay in issuing licenses and permits. But anyway, the process itself can take about one or two years from the time you submit your applications for marijuana dispensary to the moment you actually start setting up your business.
You will also need money to submit your application. Basically, you will need money for just about anything you do. If it relates to starting a marijuana business or applying for a license, then you should know that you will need money. You will also need money for construction and hiring professionals to handle the different aspects of your business. Most importantly, you should have enough capital to keep you going for at least 6 months. This is because you will start generating revenue only after about 6 months of starting the business. During these 6 months that you don’t get any income, you will still have to bear the costs of operating the business and managing all its expenses.
If you are wondering how to open a medical cannabis business, then take our cannabis business workshop at California college for cannabis, in San Diego, Pasadena and Sacramento;
how to open a medical cannabis business Our attorneys and industry leading network of professionals will be hosting a to go over all aspects of cannabis business licensing, start-up and operation.
At 420 College – it all begins with helping YOU to understand what is proper, lawful and appropriate!
Our hands on medical cannabis business start-up seminars or one-on-one consultations are perfect way to get started!
You get an intense 2 days of advanced information about how to start and operate a medical cannabis business in California.
Find out how 420 College 2 DAY seminars can help you in your business, click here