7 Things you Need to Know before Opening a Cannabis Dispensary

The cannabis industry is booming. Even the pandemic could not put much of a dent in its steady growth. The North America legal cannabis market is expected to reach over USD 65 billion by 2027. Medical marijuana constitutes a large share of this market; in 2019 Canada reported a total spending of 500 million Canadian dollars in medical cannabis. Since the legalization of marijuana in 2018, the country has been witnessing a rapid increase in the sale of recreational marijuana as well.

Cannabis dispensaries are sprouting like mushrooms everywhere. If you are looking for an innovative business plan, there is no better time to invest in your own cannabis dispensary. There is huge potential to make substantial profits as the market is expected to grow exponentially in the coming years. However, establishing a successful cannabis dispensary requires a thorough knowledge of the pot market, lots of hard work as well as innovative business strategies. Don’t worry. After talking to a host of leading cannabis industry experts, we have come up with a list of things that one must absolutely know before opening a cannabis dispensary. Let’s take a look

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