You May Only Have One Shot
The industry, as we know it, is only 22 years old. The regulations and laws surrounding it are always revolving, appearing maze-like as entrepreneur’s try to navigate the process. It is expected to underestimate how difficult the cannabis business licensing process is. Applying for and obtaining a license in your state is the first hurdle, and the game often resembles a high-stakes poker game. As regulations change quickly, it is vital to have a experienced guide, with hands on experience and knowledge within the industry.
Once the final draft of your state’s regulations has been completed, it is time for you to be prepared and determined to be one of the early winners of a license.
It is common for a state to only give a few licenses to winners in this first round, and then wait several years before allowing for more businesses. States may not issue additional licenses until the program has matured and been evaluated. There is also the chance that legislation can change; as such, regulations will follow suit.
“Applying for and obtaining a license in your state is the first hurdle, and the game often resembles a high-stakes poker game.”
In addition, Missouri Cannabis Consultants offers marijuana business consulting, providing all aspects of the industry, from first-timers to already established business owners a road-map to setting up a successful cannabis corporation. We work with specialists, including experienced license holders, architects, insurance providers, and financial specialists, who are well-versed, in the maze of marijuana business creation and operation. We can help you structure your business, open a retail location, walk you through the application process and compliance, and provide financial estimates. Our business consultants will help take the guesswork out of establishing your business. Whether you are looking to open a dispensary, cultivation, or extraction center, or just want a road-map on working within the brand new industry, Missouri Cannabis Consulting can help you through any stage with a variety of personally tailored solutions!