How To Start A Cannabis Dispensary Business Legally скачать в хорошем качестве

How To Start A Cannabis Dispensary Business Legally

I don’t know if you have seen the fact that thousands of money hungry entrepreneurs are flooding into a new industry. Tn this video I will be talking about how you can start a cannabis dispensary business legally and I'll be going over the start up cost, expenses, and realistic revenue you can look to make. 1. Now there is a ton of information out there when it comes to the start up cost for a dispensary business but most times this number is over hyped to discourage new people from getting into this industry. Cannabis is legal for recreational use in 11 states for adults over 21 and it is legal in 33 states for medical use only. 2. A dispensary business license will be the first thing that you will need to spend money on because if you don’t have a license you cant start your business and I mean who wants to do this illegally in times like today when you can have a perfectly legal business making you money every single month 3. Now after you have a dispensary license you also need a retail license this license can range between 1 – 6k and depending on what state you are in might have a recurring charge every year. 4. Now after you have your licenses and you have decided what state you want to start your business in now you will have to be more specific about your dispensary’s physical location. 5. The next expense that you will need to pay is for your inventory on average you will be paying 1400 per pound that you have. Now you have to understand this is the average. 6. The final expense that we are going to talk about are employees, now this could be for a compliance officer, people to work in your store, and your legal team. A lot of articles talk about how you need to pay your employees sooooo much money but you don’t have to pay someone 100 dollars an hour just because you are in this industry. 6. The first thing when it comes to factoring what your revenue will be is whether you are in the medical side or the recreational side. That’s because on average medical dispensaries make more money per item that they sell because people will be using their insurance to pay for their products. However, recreational dispensary normally make up for this by they volume of products that they sell. So for the 1st year revenue for cannabis dispensary business based on an annual report is between 100,000 and 250,000. So there is definitely money to be made in this industry. 7.So here is my 1 tip if you want to enter into this space. Try to dominate social media start a YouTube channel, a podcast, an Instagram, and Facebook page and just start promoting yourself. Schedule a call with Blake to get personal/business funding: https://gbezz5d6o91.typeform.com/davis Empower Consulting Website: https://www.empowerconsultingpartners... Client Testimonials: https://drive.google.com/drive/folder... Where to find and connect with Andrew Giorgi - Facebook Automation 👇 BOOK FACEBOOK AUTOMATION CALL - Also tell them that you were referred by Trey: https://calendly.com/d/zs7q-fkvq/face... ALL LINKS HERE: https://linktr.ee/andrewgiorgi Millionaire Map Website/Course: https://millionairemap.net/share/oh-D... ADDITIONAL INFORMATION Music Channel    / @wizardsoundofficial568   Reaction Channel    / @treydavisreactionchannel   Luxury Robot    / @luxuryrobotyt   📷My Camera Gear📷 https://amzn.to/3clqA0r https://amzn.to/2WHVt8H 🪙 Get $10 on Coinbase 🪙 https://coinbase.com/join/mbthm1 🔥 TubeBuddy Best YouTube App 🔥 https://www.tubebuddy.com/treyshabba 🔥 VidIQ Best YouTube App 🔥 https://vidiq.com/treydavis 💳 Discover Credit Card 💳 https://refer.discover.com/s/TREY41 💳 American Express Credit Card 💳 http://refer.amex.us/TREYD82LG?XLINK=... ✔ Help Us Reach 300 Subscribers: https://bit.ly/SubscribeTreyDavis ✅Stay Connected✅ Instagram:   / fitwithtrey   Facebook:   / trey.s.davis   Twitter:   / one1timer   Tiktok:   / fitwithtrey   Snapchat: @treyshabba