If you want to open up a marijuana dispensary business, it is a very complex and lengthy procedure. So patience is a necessary trait to possess for the candidates submitting their applications for marijuana dispensary. The laws surrounding this industry are constantly evolving and changing and these changing law might also contribute to the delay of application process. But let alone, the process of issuing licenses and permits can take up to a couple of years from the time you submit applications to the time you can start opening up the business.
A lot of capital is also required to start the business. You need money for every process when you want to open your business. If an activity relates to marijuana industry, you need money for it because the industry is in infant stage and requires a lot of capital to start a business. You will have to hire some professionals and experts to submit your applications for marijuana dispensary. which will also require money. But the most important thing to keep in mind is that you should have enough cash in hand to operate the business for minimum 6 months. It is because in the initial stages, your earning will be contributed to keep the business going and afloat. You will also have to spend money out of your pocket to survive during initial period.