It’s official! You’ve decided to open your very own cannabis dispensary. Now what? 

Before you open the cannabis retail store of your dreams, it’s essential that you create a detailed dispensary business plan. It'll not only be a critical tool when it comes to raising capital but can also offer strategic guidance for every aspect of ownership from preparation to operations. 

Whether you draft your own or hire a professional to do it, there are several core elements that should absolutely be included within your plan. We have found six components that are of particular importance for new dispensaries, each of which is closely examined in this practical guide.

Inside this guide you will find out:

  • What information should be covered in your executive summary
  • Why your business plan should include marketing and community outreach
  • Where to share important milestones and KPIs for your cannabis retail store
  • Why the financial section is vital to success and what you need to budget for
  • How to properly follow the rules and regulations for cannabis retail compliance
  • What you need to consider about the role of each team member
  • And so much more!

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A Sneak Peek Inside the Guide...

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About-Cova2

About Cova

Cova designs and builds retail software solutions specifically for the cannabis industry. We’re relentless in pursuing our goal of being the most loved cannabis POS in North America – but we’re not stopping there. Our full retail suite and various fully integrated functionalities with top tech partners are a powerful recipe for the success of our clients.

What sets Cova apart? Our award-winning design, lightning-fast transaction time, advanced inventory management, and automated compliance will impress you.

Our technology platform currently powers 1300+ dispensaries across North America and transacts 3.6 million invoices per month with virtually no downtime, making us the most robust and reliable cannabis POS system available on the market. Our software is the only one to record 100% uptime for 4 consecutive years on 4/20.