Everything that's required to start a 100% legally compliant medical or recreational marijuana business in your state is covered in our complete packages.
The packages are drafted by our amazing Associates and the included simple, thorough and easy-to-follow instructions are identical to what they do for Diamond customers. These procedures have been tried and tested in every state with medical or recreational marijuana laws in place and provide the quickest, easiest and best way to start your medical or recreational marijuana business.
Please note that there will be differences between the packages based on the state (and what they require) and the business type.
All instructions and documents are included in Microsoft Word, Excel and/or PDF formats for ease of use and compatibility.
This part of the package contains our Business Plan individual package.
Following the instructions will allow you to have a complete and professional business plan, including pro forma financials and projections, to start and operate your medical or recreational marijuana business in your state. Most business plans will be over 50+ pages when complete and be very thorough, which can be used for licensing applications and/or fundraising efforts.
The business plan, financials and instructions are in Microsoft Word, Excel and/or PDF formats.
Here’s the areas that are covered in the business plan:
After you’ve drafted your business plan and associated financials, you’ll need to determine the feasibility of the business location(s) on the state, city and county levels.
We’ll give you the state’s regulations for your business in plain english, then show you how to find your city and county’s regulations so you can determine whether the location(s) meet all requirements to operate legally.
If you run into any snags during this section, definitely use your included email support and let our Associates lend a hand.
This part of the package is exactly what’s included in our Form Your Company individual package.
Here you will receive all the legally required documents
These necessary steps and document creations are covered in this portion of the Complete package (some steps may be different due to regulatory requirements in your state):
In the "Location & Licensing Determination" section, you already found the licensing and permitting requirements and documentation.
Now our Associates will show you how to draft and submit the licensing and permitting applications for your state as well as provide example applications for cities and counties. While no two city and county applications are the same, they usually are similar and our Associates will prepare you for the common snags and pitfalls most people have when going through this process.
Our Associates can help navigate any issues you run in to with the included support.
Often, your business, will need to meet very specific location requirements. This depends heavily on the state, city and county regulations. We'll give you a breakdown of every requirement your location must meet, as well as how to negotiate with landlords and property owners to meet those needs with as little risk exposure as possible.
Operations is a broad category and encompasses a large portion of the business setup and startup. Depending on your state, all or some of the below sections are required to ensure 100% regulatory compliance. Often, during the licensing phase, you may be asked to supply some or all of the documents and procedures listed below.
Most states have very specific requirements for employees on the state, city and county levels. For the marijuana industry, there may also be additional requirements outside of the state, city or county ones, as well. These are the most commonly required things to have (whatever is necessary for licensing and compliance in your state will be included):
How to conduct business with outside contractors and associated documents/contracts to have them sign and provide to you in order to remain in legal compliance.
How to maintain the required records for licensing, auditing & tax purposes. As well as the details about your tax liabilities for your business type and what you can expect to pay in taxes.
A complete overview of common accounting practices (GAAP) as well as the regulations that must be met in order to be in total compliance.
We'll breakdown exactly the requirements for your inventory control system and what must be tracked and how. Some states required seed-to-sale tracking, others have varying degrees of requirements. We will also make suggestions for the best solutions currently available on the market to meet all requirements.
We will tell and show you exactly what is required to be in compliance with all regulations and how to meet these requirements for your business. This often includes:
Our Associates will walk you through what is and isn't allowed in regards to marketing and publicity for your business. They'll also instruct you about how to join and promote on marketing outlets like Weedmaps, Leafly, Etc. and whatever is legally allowed for your state.
At the end of every fiscal year, you'll be required to renew licenses, pay associated taxes as well as meet other state, city and county year-end requirements. Our Associates will go over everything you need to know and do for the end of each year so you remain in compliance for the following year.