Starting Your Own Cannabis Business
February 9, 2017
Starting a business selling recreational and medical cannabis to consumers isn’t a get rich quick entity. There may be a demand for it, but this type of business comes with plenty of responsibility. Before we could open the shop, we had to create a business plan that took into account all of the various safety and security protocols for our area. If you are considering such a business, you need to know them inside and out.
We had to invest money in surveillance, security doors, certain types of lighting for the parking lot, and more. We had to divulge how we would get our product, who we would buy it from, and even how money would be taken to the bank. It is a very complex process and you must follow the guidelines to a T or you can get closed down in a hurry.
Being able to offer plenty of selection is very important when you are in the cannabis industry. Various strains of cannabis are used for different purposes. Some are Indica and others are Sativa based. This means some will give you energy and others will help you to sleep better and to be calm. Finding the right one for your needs is important.
In our particular location, we offer both medical and recreational products. Depending on where you reside, you may be limited to only the medical marijuana. If that is true, you need to have a verification process in place. You must see the medical card, evaluate the date on it, and also see a photo ID for the individual.
As a business owner, it is my responsibility to stay on top of the changes in the laws and what can be offered. It is also my responsibility to ensure we don’t sell our products to anyone under age or without the right verifications.
The quality of the products sold will influence your business. Don’t try to cut corners by selling cannabis that isn’t potent enough. Your consumers will have to use far too much of it to get their desired high. As a result, they will buy from you only once. Then they will go to one of the other vendors for their next purchase.
Our goal is to treat each customer with dignity and respect. We answer their questions, ensure overall quality, and give them a fair price on those products. As a result, our cannabis business continues to do very well. We have many repeat customers and we also see new faces on a regular basis.
It is thrilling to be part of the cannabis industry. I am a firm believer in the physical and mental value this product offers. Being able to legally embrace it and to share it with consumers is important to me. I continue to expand what I offer, to ensure the quality of the products, and to sell various accessories too. It is a great business as long as you go through the proper channels to set it up and maintain it.