Obtaining a license for an independent marijuana dispensary is strenuous in my state

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, and with that said, then i currently reside in a state where recreational cannabis is still illegal and though medical marijuana is widely used throughout the state, it is strenuous 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 current dispensaries per year.

Some of the requirements include posting a multi-million-dollar bond, being registered to do business for a set number of years, and having the financial backing to operate the dispensary. So, the chances of getting an independent license are legitimately tightdue to the strict requirements; The nice news is, there is an option for folks who would like to invest in a marijuana dispensary. There are franchising chances available in my state, but and most of the marijuana dispensaries in the state that I live in are franchises of larger backed licensed marijuana companies, then perhaps in the future the restrictions will be lifted to receive an independent license from the state that I live in. 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.

 

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