One of the most complicated first steps to getting started in the medical marijuana industry is making applications for marijuana business. Before an application can be submitted, the applicant must gain a thorough understanding of the industry and how it works. Selection of applications is a merit based process and this is something that applicants must also keep in mind. When reviewing applications for marijuana business, the department will consider a number of things. They will consider the ability of the applicant to start and operate a business while complying with all the laws and regulations.
During the review process, the department will see whether the applicant has proper facility to conduct business, good programs in place to benefit the community and a well-rounded team to manage every aspect of the business. The team that is put together to start and run the business must have the expertise to handle facilities management, manufacturing, security, health care, retail operations and all the different aspects. The applicant must also demonstrate strong financial governance. Setting up a marijuana business can be an extremely expensive affair. The cost of operations can range between millions of dollars annually and applicants must show proof that they have good financial standing for running their business.
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; 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.