It’s official. You’ve decided to open your very own cannabis dispensary. Now what? Well, before you open the cannabis retail shop of your dreams, it’s essential that you create a detailed dispensary business plan. It is a crucial tool when it comes to raising capital, and will provide strategic guidance covering every aspect of ownership from preparation to operations. 

No matter if you decide to draft your own or hire a professional, there are going to be several core elements that should always be addressed within your plan. We have identified six that are of particular importance for new dispensaries and closely examined each of them in this practical guide.