Now that marijuana has been legalized in several states, you can find cannabis dispensaries in those states that have made the drug legal, however, there are still some states that only approved marijuana for medicinal purposes, which means recreational use of the drug is still illegal… With that said, i currently reside in a state where recreational cannabis is still illegal and though medical marijuana is widely used throughout the state, it is difficult to open an independent marijuana dispensary in my town.
In fact, the requirements for obtaining an independent marijuana dispensary license are strict beyond measure and the agency responsible for issuing these licenses only approves a few new dispensaries per year… Some of the requirements include posting a multi-million-dollar bond, being registered to do supplier for a set number of years, and having the financial backing to operate the dispensary.
So, the chances of getting an independent license are truly narrowdue to the strict requirements. The unbelievable news is, there is an chance for folks who would like to invest in a marijuana dispensary. There are franchising chances available in my state; And most of the marijuana dispensaries in the state that I live in are franchises of greater backed licensed marijuana companies, however perhaps in the future the restrictions will be lifted to acquire an independent license from the state that I live in, however but who knows when that will be as medicinal marijuana has been legal for over 5 years now and no real swings have been made to the licensing laws since then. In my opinion, those strict restrictions need to be loosened for folks interested in tapping into this market.