Setting up your marijuana business is a big undertaking. Here are some important points to keep in mind.
- Be pro-active in planning for inspections. Include regular checkups along the way with the appropriate government entities to help ensure a smooth approval process.
- Compliance with regulations is essential. Take time to test out your processes at various points along the way to prevent unforeseen costs in time and due to missed requirements.
- Sales and other information must be periodically reported to the state, creating an intersection between your plans and the state process that requires a cooperative working relationship.
- Marketing for your business may be subject to approval by the state. Names, logos, signage, advertising, packaging all need to be reviewed so the state can see that they minimize appeal and access to children and adolescents.
- Customer education is a requirement in most state regulations. Providing consistent and complete information to buyers may involve delivering product information electronically, creating another parallel activity in your project.
- Synchronize your timeline with the state’s timeline. Since states are also implementing a new program they may not have all the information you need ready at the time you expect it. Frustration can be minimized if you plan your timeline accordingly.
- Create and adhere to a detailed project plan. Incorporating construction, electronic systems, operations, and care, quality and control activities on a single project schedule highlights the dependencies among the activities and provides a tool to manage the entire effort.
Following these tips can help keep your whole team in sync and on target for your planned opening date.
QuantumMark specializes in helping create detailed project plans designed to map out the steps needed to meet the stringent requirements for opening a marijuana related business. QuantumMark remains current on state activities and can help businesses navigate through the steps to achieve a successful outcome. Visit us at our QuantumMark Marijuana Consulting Services website or follow us at www.quantummark.com, on Facebook or on Twitter.