Start Your Own Cannabis Business: Your Step-By-Step Guide to the Marijuana Industry

Lifting the veil on all facets of the marijuana industry, Start Your Own Cannabis Business sheds light the business opportunities available as it becomes legal and regulated across the globe. From retailers to growers, producers, and suppliers there’s a seemingly never-ending list of startup opportunities in this emerging market such as providing security and courier services; making concentrates and edibles; growing, distribution, and sales to list a few.
In 2016, cannabis sales in North America reached about $6.7 billion and is expected to surge to $30 billion by 2021. Add in the fact that 70 to 80 percent of startup cannabis businesses reach break-even within the first year and that makes for an unprecedented opportunity for business ventures of all sizes. Cannabis, biotech and entrepreneurship reporter Javier Hasse introduces forward-thinking entrepreneurs, like you, to the industry and shares hard-earned tips and success stories from pioneers and visionaries in the marijuana industry. You’ll also learn how to:

• Evaluate your cannabis business idea, build a business plan, and find funding
• Grow your business into a multi-state company
• Comply with the IRS and regulations with the guidance of cannabis-savvy lawyers and accountants

ISBN-13: 9781599186320

Media Type: Paperback

Publisher: Entrepreneur Press

Publication Date: 04-17-2018

Pages: 198

Product Dimensions: 6.90(w) x 8.90(h) x 0.60(d)

Series: Startup

Javier Hasse is a writer and reporter with a focus on the cannabis and small-cap biotech industries and an advocate of marijuana legalization. He has had more than 4,500 articles published on a variety of mass media outlets including Playboy, High Times, Leafly, Benzinga, The Wall Street Journal's MarketWatch, Yahoo! News, Yahoo! Finance, InsiderMonkey, CNN Money, Fortune Magazine, MSN, Nasdaq, Morningstar, Microsoft, FOX Business, Investing Channel, among many others. Prior to becoming a full-time reporter and writer, Javier served as CEO for a financial research and content creation company. Find samples of his work at: https://muckrack.com/javierhasse/portfolio For more than 30 years, Entrepreneur Media, Inc. has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Table of Contents

Chapter 1: An Introduction To The Cannabis Industry
A Bit Of History
The Current Legal Landscape
THC And CBD
Understanding Cannabis Legalization
The Cannabis Market
Medical Marijuana
Industrial Hemp

Chapter 2: The First Major Decisions
Is this business the right one for you?
Will you want to touch the plant or not?
Picking A Sub-Sector
Realistic Possibilities
Story Time: Jane West

Chapter 3: The Initial Planning
Getting Started
The Business Plan
The Financial Plan
Story Time: Andy Williams

Chapter 4: The Financing Issue
The Banking Problem
Funding Alternatives
How To Attract Capital
The Fundraising Process

Chapter 5: The Licenses Issue
Procuring A License

Chapter 6: Setting Up Shop
The Team Buildup – Selecting and Training
Finishing The Design and Construction Of Your Physical Location
The Soft-Launch
The final audits

Chapter 7: Getting The Word Out: Marketing, Advertising and Public Relations

Chapter 8: Dealing With The IRS and Regulators

Chapter 9: Growing Your Business Into A Multi-Location or Multi-State Company
Chapter 10: Success Stories and The Path To Public Markets
Chapter 11: Conclusions Show More