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 seven key sections that are of particular importance for new dispensaries, each of which is broken down within this practical checklist.
Inside this checklist you will find out:
Cova is an industry leader in software solutions for cannabis retail. In building the #1 dispensary POS platform in North America, trusted by more than 1800 retail locations from coast to coast, we have collected valuable insights and key industry best practices. We leverage this unique expertise to continuously develop our technology and help cannabis entrepreneurs successfully launch and scale their businesses in a highly regulated and increasingly competitive market.