Research your state and local cannabis laws
Confirm whether dispensaries are legal in your jurisdiction
Determine whether you need a retail, medical, or dual-licensure license
Review zoning rules for cannabis businesses
Secure a suitable commercial property that meets legal requirements
Check distance restrictions from schools, parks, and other protected areas
Form a business entity such as an LLC or corporation
Register the business with state and local authorities
Obtain an EIN from the IRS
Open a business bank account
Prepare a detailed business plan
Build financial projections and startup capital estimates
Identify funding sources that comply with cannabis banking rules
Hire a cannabis attorney and licensed accountant
Apply for all required cannabis licenses and permits
Prepare ownership disclosures and background check materials
Develop standard operating procedures for compliance and security
Install required security systems, cameras, alarms, and access controls
Set up inventory tracking and seed-to-sale compliance systems
Create policies for age verification and customer intake
Hire and train qualified staff
Establish vendor relationships with licensed cultivators and distributors
Set up insurance coverage for the business
Pass all required inspections and approvals
Create a compliant product sourcing and testing process
Build a point-of-sale system that meets cannabis regulations
Develop marketing and advertising plans that follow local rules
Launch the dispensary only after all licenses and approvals are active
Maintain ongoing compliance, tax reporting, and recordkeeping
Renew licenses and permits on schedule