How to Open a Dispensary in 4 Steps (Updated 2023)

Thanks to the increased legalization of both medical and recreational marijuana, the thought of opening a dispensary can be tempting. Starting, owning, and operating a dispensary can be a lucrative career that lasts a lifetime.

However, there are many intricacies to the process making it complicated. Legalities, licenses, and changing legislation requires both money and carefully executed planning every step of the way.

An individual looking to open a dispensary can expect to make an excellent living.

How to Open a Dispensary (Updated 2023)

Step 1 – Learn the Laws

Laws vary among states that have legalized marijuana, as well as the county and city in which it exists.

First, research the areas of preference and determine which would be best suited for your operation. Consider any zoning laws, learn which permits are required, and understand any additional documents or requirements for your chosen location.

Also, find out if you will be allowed to open a dispensary. Many states will not grant permits to those who have committed a felony or have drug-related charges in their history.

Step 2 – Seek Legal Assistance

As we’ve mentioned, the legalities involved in marijuana and opening a dispensary are very complex. Make sure you consult with an experienced attorney before you set up shop to make sure you are fully within the law.

The lawyer can help you obtain any cannabis permits and meet any regulations. Also, it is wise to have a cannabis lawyer you trust after you begin to provide counsel and representation should any legal issues arise.

Step 3 – Understand the Business

A marijuana dispensary is a business and must be run like one. From creating a business plan to securing investors, it is important you understand what it takes to operate your own business.

Along with licenses and permits, your business will need to be recognized by the state and registered.

Tax implications and reporting practices may be regulated and because of legalities your dispensary may be a prime target for an audit. Seek professional advice, hire an accountant, and understand all that owning a marijuana business entails.

Step 4 – Find a Location

Choose a location and decide if it would be better to rent or purchase a building. Make sure any local ordinances are followed.

Work to have a respectable and professional image.

Learning the Ropes of Opening a Dispensary

Cannabis Training University offers a comprehensive Master of Cannabis Certificate Program that will provide the foundation of knowledge necessary to open a dispensary. An entire course in the program is dedicated to learning how to successfully open and operate a marijuana dispensary.

The program will also teach you how to grow marijuana, how to navigate the laws and regulations, and so much more. If you are truly passionate about opening a marijuana dispensary, your first and best step is to consider Cannabis Training University. Getting certified at the premier cannabis training institute is a wise choice.

Why Cannabis Training University

Cannabis Training University (CTU) is the leading online marijuana school in the world and offers cutting-edge marijuana training across the globe. Our classes are fully legal and available to anyone, regardless of your area's marijuana laws.

Our complete curriculum can be taken when it is convenient for you, and our model allows us to provide that curriculum at an affordable rate. Learn more about CTU and the education we provide, contact us with your questions, or enroll today!

Jeff Zorn

Jeff Zorn, a collegiate basketball player, discovered the transformative power of medical cannabis after a significant injury. He founded Cannabis Training University (CTU), a groundbreaking institution dedicated to disseminating comprehensive information about the cannabis industry. With a team of skilled educators and faculty members, CTU has reached thousands of students worldwide. As an esteemed cannabis business expert, Jeff regularly contributes thought-provoking articles online, providing invaluable guidance to aspiring entrepreneurs. CTU has grown from a single student in 2009 to a global phenomenon with over 80,000 students.