California has been one of the first states that were at the forefront of legalizing marijuana for different purposes. Thus it is no surprise that the state is one of the largest manufacturers and consumers of marijuana in the US. The legal ground for the dealing of marijuana means an opportunity and a platform for the businesses, retailers, distributors, and consumers to have a successful running marijuana industry in the state. There are several things that go into a successful business model. The support of the government, the favorable conditions – both economic and otherwise, and the market infrastructure all play a key part in the eventual success or failure of the industry.
The marijuana industry ticks most of these boxes in California however there are still some deficiencies and challenges that need to be tackled for the full potential of the industry to thrive and grow in the state. For instance, the existence of the black market is a dent in any industry and the marijuana market is no different. However, the presence of a good consumer market, favorable conditions for the growth of cannabis, and the legalization of marijuana in the state all provide a good reason for businesses and individuals to start the marijuana business and dispensaries in the state of California.
Licensing and documentation
There are two types of retail licenses that are available for the marijuana dispensary in California. These licenses are type 9 and type 10 retail licenses. The type 9 license implies non-storefront delivery of retail which means that the business can sell and deliver cannabis products for customers. The business has been granted the licensed facility however this facility is not available to the general public. The type 10 license implies that the business can sell cannabis products to the customers on its premises or through delivery. The business with this license has permission for commercial marijuana or cannabis activities to take place.
Some of the legal documents that you would be required to furnish for the approval of the dispensing and the procurement of the license for the operation of the business are as follows. You would be required to provide operations and business plans, a financial plan, a patient education plan, an inventory control plan, a dispensary security plan, a patient recordkeeping plan, and a staffing plan amongst others.
California has already provided licenses to more than 10,000 cannabis operators and that includes manufacturers, cultivators, distributors, retailers, businesses, micro-businesses, and event organizers amongst other entities. The lead agency that regulates and controls affairs regarding the marijuana business in California is known as the Bureau of Cannabis Control. This agency is responsible for issuing licenses for the use of marijuana amongst adults for medicinal and recreational use. When it comes to the regulation of cannabis edible manufacturers for medicinal and recreational use, it is the responsibility of the ‘Manufactured cannabis safety branch’, which is one of the divisions of (CDPH), also known as the California department of public health. The CDPH is now accepting applications for licensing through different portals.