Getting it Right the First Time
Due to the newness of this industry, the regulations and laws surrounding it are always changing. It is normal to underestimate how complex and detailed the cannabis business licensing process is. Applying for and obtaining a license in your state is the first hurdle, and the stakes are high. You might only have one chance at applying for a license, so success is your only option.
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.
Applications are assessed in great detail. Regulators remain concerned about the legalization of medical cannabis and are scrupulously evaluating all aspects of your business plan, your team and your ability to create an outstanding case for your business license.
Further complicating the process, each state has its own, unique licensing requirements. For example:
Some may only allow dispensaries to sell cannabis they grow themselves
Others require separate licenses for cultivation and dispensing
The regulatory framework for processing cannabis varies by state
When Success is Your Only Option, Think Canna
Cultivation, processing and dispensary licenses are often limited and it is becoming more difficult to obtain them as market competition increases. Applying for, and procuring a state license is not only a complex process, but a high-stake endeavor. You might only have one chance at submitting an application, so success is your only option. Canna Advisors has an unparalleled track record of winning competitive licenses for clients. We only work with a limited number of well-qualified groups to increase your chance of success and eliminate potential conflicts of interest.
- Custom-written applications for each client
- Best practices for regulated industry
- Development of standard operating procedures specific to local compliance
- Sustainable facility designs: warehouse, greenhouse or hybrid plans
- Systemized security plans and overlays
- Establishing local support
We’ve prepared winning applications across the country and in international markets. Let us help you secure a license in your state.
We win Licenses. Period.
Canna Advisors will partner with you to develop a comprehensive plan tailored to your state’s regulations and your needs. You will be guided by a team that brings 75 years of regulated industry experience, has won licenses, and supported startup operations in 29 states, plus Puerto Rico, Guam, and Canada.
Starting your Cannabis Business License Application
Applying for and obtaining your local and state licenses is your first hurdle to starting your own cannabis business. Consultants at Canna Advisors have each submitted and procured licenses and have assisted clients in other states to successfully apply for their own. The process is complex, and your goal is to be an early winner in the quest for first-round licenses in your area. You may not have another opportunity for years.
How can you ensure that you submit your best possible plan, complete with all the operating procedures, building plans, security designs, job descriptions, operation manuals, financial projections, marketing plans and time tables? To get it right the first time, you’ll likely need some expert assistance.
Each state has its own marijuana licensing requirements: for building plans, operating procedures, product offerings, operational practices, facility locations, security features, and inventory control.
Our expert business consultants will assist you in completing all the segments of the license application accurately.
You’ll need to present your best ideas and have a consistent narrative to submit a successful final draft of your application.
Canna Advisors will partner with you to complete a marijuana business license application for your state’s particular regulations crafted by an experienced staff, each of whom have already successfully submitted and won multiple licenses. You will receive valuable input on construction, cultivation, business operations, marketing, hiring local talent, and other key elements.
When complete, your application will showcase your comprehensive skillset, your best ideas, and a thoughtful, consistent narrative that makes your application compelling and unique.
New state license applications are open
More than half of states now have a form of legal marijuana, and more states join the movement every year.