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9 Things A Cannabusiness Startup Needs To Consider That Other Startups Don't

Submitted by Marijuana News on Mon, 05/04/2015 - 08:00

Starting a new business is complicated enough – company founders have to find a place to set up shop, hire great employees, manage cash flow, market their goods or services and sometimes hire experts to help. A marijuana business faces extra challenges at each of these steps, so entrepreneurs in the cannabusiness space need to be aware of the concerns they’ll be facing that the typical startup doesn’t worry about.

Consultants are available to help in real estate, legal, financial and other areas, but it is important to check credentials and references thoroughly to make sure those folks are experienced, legitimate experts. They may be as new as the entrepreneur is to the industry.

Cannabusiness founders need to ask:

 

  • Where will the business locate? Will the landlord be 420-business-friendly? Legal restrictions on where you set up shop will vary. For example, in Oregon, a dispensary may not be located within 1000
    • ...
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URL: 
http://www.forbes.com/sites/julieweed/2015/05/01/8-things-a-cannabusiness-startup-needs-to-consider-that-other-startups-dont/

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