SlideShare uma empresa Scribd logo
1 de 9
THE TRUTH ABOUT
RUNNING YOUR OWN
DISPENSARY BUSINESS
The Dispensary Experts: http://www.thedispensaryexperts.com
Introduction
◦ Running your own dispensary business can be incredibly fun, challenging, sure, but incredibly fun.
◦ You need to put few things in place before you start jumping in and creating that business.
◦ One of these first thing is to make up your own business plan that shows people just how passionate and
focused you are to create your own marijuana business.
The Business Plan
◦ This business plan has to follow the format of the conventional business plans.
◦ While it may seem to you that your dispensary business is not necessary conventional, the business plan must
definitely has to be.
◦ Bear this in mind, and research conventional business plans to see what they look like, the impact they have
visually, and overall.
Why are you doing this?
◦ You are doing this because the people who will grant you the license to open your own dispensary business
will be looking for people who have good quality business plans that set out the plans for the months and
years ahead.
◦ They need to see that you are in this for the long term, and that you have thought carefully about the
business you are planning to start.
◦ What they don’t want to see is a sloppy approach, that doesn’t show anyone that you care about what you are
about to do.
Proper planning is required.
◦ Bearing this in mind, your business plan will need a proper executive summary and, most importantly, clear
financial forecasts and predictions for the months and years ahead.
◦ This is real professionalism, and running your own dispensary business demands real professionalism.
◦ Get this across, and you will be the front runner in your local area for dispensary business approval.
◦ You will be the front runner because there will be many other people who are wanting to do the same thing.
◦ Medical marijuana is a hot property right now, and there are hundreds of people in America who are wanting
to open up their own marijuana dispensary business.
◦ This is because they know that this makes sense financially, with such a strong market that wants the product
it would seem foolish to ignore the financial possibilities of opening up such a business.
◦ So, you need to jump ahead of the queue, and ensure that your business plan is of the highest quality.
◦ The financials are really important, so bear that in mind and make sure you have done your research.
Hire an accountant.
◦ Have an accountant go through your financials and clarify that they are realistic and that they also show that
you’ll make profit.
◦ Some people who try and open a dispensary business have a shocking plan and end up not making a profit at
all.
◦ The plan should help you make profit because you have to factor in all sorts of costs such as premises and
stock.
Conclusion
◦ Bear these ideas in mind and you should be able to open your own dispensary business quite quickly.
◦ Remember that planning and preparation is the key and you should be well on the way to being in business.

Mais conteúdo relacionado

Mais de DashThomas

Everything you need to know about medical marijuana in los angeles
Everything you need to know about medical marijuana in los angelesEverything you need to know about medical marijuana in los angeles
Everything you need to know about medical marijuana in los angeles
DashThomas
 

Mais de DashThomas (18)

State Laws and What They Mean For Your Medical Marijuana Delivery Service
State Laws and What They Mean For Your Medical Marijuana Delivery ServiceState Laws and What They Mean For Your Medical Marijuana Delivery Service
State Laws and What They Mean For Your Medical Marijuana Delivery Service
 
Pros and Cons of Marijuana
Pros and Cons of MarijuanaPros and Cons of Marijuana
Pros and Cons of Marijuana
 
Terminology You Need to Know When Starting Your Own Medical Marijuana Deliver...
Terminology You Need to Know When Starting Your Own Medical Marijuana Deliver...Terminology You Need to Know When Starting Your Own Medical Marijuana Deliver...
Terminology You Need to Know When Starting Your Own Medical Marijuana Deliver...
 
Starting a Medical Marijuana Delivery Service - Get to Know Your Customers
Starting a Medical Marijuana Delivery Service - Get to Know Your CustomersStarting a Medical Marijuana Delivery Service - Get to Know Your Customers
Starting a Medical Marijuana Delivery Service - Get to Know Your Customers
 
How to Write an Effective Dispensary Business Plan
How to Write an Effective Dispensary Business PlanHow to Write an Effective Dispensary Business Plan
How to Write an Effective Dispensary Business Plan
 
What States is Marijuana Legal In?
What States is Marijuana Legal In?What States is Marijuana Legal In?
What States is Marijuana Legal In?
 
What to Know About Legal Marijuana in Oregon
What to Know About Legal Marijuana in OregonWhat to Know About Legal Marijuana in Oregon
What to Know About Legal Marijuana in Oregon
 
Marijuana in Colorado - 10 Things You Need to Know
Marijuana in Colorado - 10 Things You Need to KnowMarijuana in Colorado - 10 Things You Need to Know
Marijuana in Colorado - 10 Things You Need to Know
 
How to Open a Dispensary in Colorado
How to Open a Dispensary in ColoradoHow to Open a Dispensary in Colorado
How to Open a Dispensary in Colorado
 
Everything You Need to Know About Medical Marijuana in Los Angeles
Everything You Need to Know About Medical Marijuana in Los AngelesEverything You Need to Know About Medical Marijuana in Los Angeles
Everything You Need to Know About Medical Marijuana in Los Angeles
 
Everything you need to know about medical marijuana in los angeles
Everything you need to know about medical marijuana in los angelesEverything you need to know about medical marijuana in los angeles
Everything you need to know about medical marijuana in los angeles
 
The Top Three Benefits of Medical Marijuana
The Top Three Benefits of Medical MarijuanaThe Top Three Benefits of Medical Marijuana
The Top Three Benefits of Medical Marijuana
 
Starting a Colorado Dispensary – Permits and Licenses You Should Have
Starting a Colorado Dispensary – Permits and Licenses You Should HaveStarting a Colorado Dispensary – Permits and Licenses You Should Have
Starting a Colorado Dispensary – Permits and Licenses You Should Have
 
Opening a Dispensary in Colorado - Tips for Beginners
Opening a Dispensary in Colorado - Tips for BeginnersOpening a Dispensary in Colorado - Tips for Beginners
Opening a Dispensary in Colorado - Tips for Beginners
 
Medical Marijuana Business Plan - How to Develop an Effective One
Medical Marijuana Business Plan - How to Develop an Effective OneMedical Marijuana Business Plan - How to Develop an Effective One
Medical Marijuana Business Plan - How to Develop an Effective One
 
Growing Marijuana by Yourself
Growing Marijuana by YourselfGrowing Marijuana by Yourself
Growing Marijuana by Yourself
 
Getting a Medical Marijuana License – A State-by-State Guide
Getting a Medical Marijuana License – A State-by-State GuideGetting a Medical Marijuana License – A State-by-State Guide
Getting a Medical Marijuana License – A State-by-State Guide
 
Cannabis dispensary – Is It Safe to Open One?
Cannabis dispensary – Is It Safe to Open One?Cannabis dispensary – Is It Safe to Open One?
Cannabis dispensary – Is It Safe to Open One?
 

Último

Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
vineshkumarsajnani12
 

Último (20)

Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Cuttack Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Cuttack Call Girl Just Call 8084732287 Top Class Call Girl Service AvailableCuttack Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Cuttack Call Girl Just Call 8084732287 Top Class Call Girl Service Available
 
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDINGPuri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
KOTA 💋 Call Girl 9827461493 Call Girls in Escort service book now
KOTA 💋 Call Girl 9827461493 Call Girls in  Escort service book nowKOTA 💋 Call Girl 9827461493 Call Girls in  Escort service book now
KOTA 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 

The Truth About Running Your Own Dispensary Business

  • 1. THE TRUTH ABOUT RUNNING YOUR OWN DISPENSARY BUSINESS The Dispensary Experts: http://www.thedispensaryexperts.com
  • 2. Introduction ◦ Running your own dispensary business can be incredibly fun, challenging, sure, but incredibly fun. ◦ You need to put few things in place before you start jumping in and creating that business. ◦ One of these first thing is to make up your own business plan that shows people just how passionate and focused you are to create your own marijuana business.
  • 3. The Business Plan ◦ This business plan has to follow the format of the conventional business plans. ◦ While it may seem to you that your dispensary business is not necessary conventional, the business plan must definitely has to be. ◦ Bear this in mind, and research conventional business plans to see what they look like, the impact they have visually, and overall.
  • 4. Why are you doing this? ◦ You are doing this because the people who will grant you the license to open your own dispensary business will be looking for people who have good quality business plans that set out the plans for the months and years ahead. ◦ They need to see that you are in this for the long term, and that you have thought carefully about the business you are planning to start. ◦ What they don’t want to see is a sloppy approach, that doesn’t show anyone that you care about what you are about to do.
  • 5. Proper planning is required. ◦ Bearing this in mind, your business plan will need a proper executive summary and, most importantly, clear financial forecasts and predictions for the months and years ahead. ◦ This is real professionalism, and running your own dispensary business demands real professionalism. ◦ Get this across, and you will be the front runner in your local area for dispensary business approval.
  • 6. ◦ You will be the front runner because there will be many other people who are wanting to do the same thing. ◦ Medical marijuana is a hot property right now, and there are hundreds of people in America who are wanting to open up their own marijuana dispensary business. ◦ This is because they know that this makes sense financially, with such a strong market that wants the product it would seem foolish to ignore the financial possibilities of opening up such a business.
  • 7. ◦ So, you need to jump ahead of the queue, and ensure that your business plan is of the highest quality. ◦ The financials are really important, so bear that in mind and make sure you have done your research.
  • 8. Hire an accountant. ◦ Have an accountant go through your financials and clarify that they are realistic and that they also show that you’ll make profit. ◦ Some people who try and open a dispensary business have a shocking plan and end up not making a profit at all. ◦ The plan should help you make profit because you have to factor in all sorts of costs such as premises and stock.
  • 9. Conclusion ◦ Bear these ideas in mind and you should be able to open your own dispensary business quite quickly. ◦ Remember that planning and preparation is the key and you should be well on the way to being in business.