420Lawyer.com - California Business and Corporate Representatin for Prop 215 Collectives, Dispensaries, Patients and Growers
  BUSINESS LAW SECTION

CRIMINAL LAW SECTION

 

State Medical 
Marijuana Laws

California State Laws

Proposition 215 
Senate Bill 420
  Cal Norml's Co-Op Suggestions
  May, 2006 ABA Article

 

   

 

 

 

How to Open a CA Co-Op/Collective/Dispensary

Create A Business Plan

HOME 

First you need to decide how you plan to run your business.  Start with the basics.  I recommend forming a corporation, it offers the best protection overall.  Depending on your particular State's requirements, this may be a general C-Corp or a Not fr Profit entity under State Law.  You CAN NOT be a Federal 501 (c)(3) corporation because marijuana, medical or not, is not recognized by Federal Law...anyone who tells you otherwise is sadly mistaken about the law.
    I offer complete assistance in the creation of a business plan including the following:
 

 
1. Business Formation
    2. Assist with securing rental property, this entails discussing current laws and possible liability with a potential landlord.  (we are not real estate agents, but we can point you in the right direction)
    3. Assist with obtaining necessary City and/or County Business Licenses.  This is where a lot of the cost comes in.  Sometimes this can require multiple meetings with City/County Officials and/or City/County government agencies. 
    4. Dispensary Floor-plan and Security Design.  We've worked with a lot of them and know what is the most secure method to set you up. 
    5. Daily procedures including inventory control.  Proper and complete record keeping is a MUST!
  6. Prepare daily business forms and documents.  These include patient sign-in sheets, employee time cards, transaction records and other daily necessities.
The biggest reason these businesses fail is because of poor planning.  Be it due to not overseeing employees or not following every procedure properly, having a written plan for every job is essential.  From the moment a patient walks in through the door there should be a plan for how to assist them until they walk back out the door.

 

The How To's

1.

Create a Business Plan
  (See Why We Offer More)

2.

Find a Location
  (We Can Help with Difficult Landlords)

3.

Funding
  (We have experienced CPA's to work with)

 


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