California was the first state to have legalized Marijuana use in the US. After setting the pace, 29 additional states have legalized marijuana including Washington DC. Most of these states of legalized marijuana mainly for medicinal and recreational purposes. In 2018, California has joined the states that have legalized marijuana for recreational purposes. The future for marijuana business looks bright and promising following these positive moves. The procedure for starting cannabis business in California is the same as the one that will be used when opening a cannabis store buy weed online canada although the businessperson will be have to work closely with cultivators and manufacturers on a contractual basis.
Following the voting in 1995, California legalized marijuana business and a legal framework was created to govern cannabis ventures. This framework known as Medical Marijuana Regulation and Safety Act (MCRSA) provides guidelines on how to start and operate marijuana business in California.
Statistically, with around 2,800 dispensaries, marijuana business generates around $845 million annually in California. Financial predictions show that marijuana business will surpass the manufacturing sector by the year 2020. There are various procedures that must be adhered to when starting a marijuana delivery business as follows:
Business owner Requirement
Any entrepreneur venturing into cannabis business must be aware of the fact that although marijuana is legal in California counties and cities have their own rules and regulations that must be adhered to. You need to acquaint yourself with all the laws governing cannabis business for not only your business sake but for the sake of yourself.
License requirements
There are various stages that must be followed before a prospective cannabis entrepreneur is issued with a license. These stages range from one to four.
The first stage entails police doing a background search to determine whether the prospective businessperson has an criminal history. You need to ensure that your location is right through the zoning verification letter that you receive from the public works department. This letter is taken to the city’s planning division. After clearing from city hall, there is held a public meeting between the prospective businessperson and members of the community whose agenda is to discuss the location, your budget, safety aspects and environmental benefits.
Financial requirements
Starting cannabis venture in California is very expensive and one need to have enough financial resources to commence the business. The kind of delivery services that you want to have will determine the amount of money that you will invest in the business.
Timeframe
The time needed to start a cannabis business depends on various factors and differ from business to business. You need to ensure that you have enough starting capital, employees, licenses etc.
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