5 Things You Need to Know Before Opening a Dispensary
Running a successful dispensary has its own unique challenges. You need to be compliant and profitable -- and in that order.
When Colorado first legalized recreational marijuana, in 2014, a smattering of pot shops popped up. What a difference five years make. There are more dispensaries in Denver than Starbucks, McDonald’s, and 7-Eleven stores combined, and statewide the number exceeds 500. But while many dispensaries are thriving, a good handful are generating revenues far below the industry average. Why? This business presents unique challenges to entrepreneurs that you might never expect. Before diving in, a few things to know:
Continue reading this article -- and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!