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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 Cova

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 2,000 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.