Cannabis License Services

[read_more id=”1″ more=”Read more” less=”Read less”]

Services to Support Licensed Commercial Cannabis Activity

Business Plan Development

The rules in each state differ; however, during the licensing process, most medical marijuana and adult use cannabis establishments need to submit a business plan. This comprehensive document should include your company’s organizational structure, marketing strategy, and financial projections. It’s crucial to have a well-crafted business plan to increase your chances of being approved for a license.

Our team is ready to develop a business plan tailored specifically for the cannabis industry. We understand the nuances of this rapidly growing industry and will guide you through the licensing process.

Pitch Deck Creation

Whether for an adult use or medical marijuana business, obtaining funding involves having a pitch deck that outlines your company’s adult use and medical cannabis products, services, and business model. This documentation is essential in not only securing funding but also in obtaining a license for your cannabis business.

Our team has experience creating pitch decks for medical marijuana and adult use cannabis companies, and we’re ready to help you put together a winning presentation. We’ll ensure all the important elements are covered, giving you the best chance to secure the funding you need to get your company off the ground.

Pro Forma Financials

In order to obtain a medical marijuana or adult use cannabis business license, you’ll need to provide pro forma financials that outline your company’s expected revenues and expenses. This important document will give regulators a better understanding of your company and help them reveal if you’re a good fit for the industry.

Our team is ready to help you develop realistic pro forma financials that accurately reflect your company’s projected finances. We’ll ensure all the important information is included to increase your chances of being approved for a license.

Entity Structuring & Formation

The structure of your company will play a role in the type of license you’re able to obtain. In order to increase your chances of being approved for a medical marijuana or adult use cannabis business license, it’s important to have the right entity structure in place.

Our team can help you select the right entity type for your company and ensure that all the necessary filings are completed. We’ll make sure you have the right foundation in place so you can focus on growing your medical marijuana or adult use cannabis business.

License Application Writing & Submission

Whether for a medical marijuana or adult use cannabis business, cannabis licensing process can be complex, but our team is ready to handle everything on your behalf. We’ll guide you through the entire process and ensure that your application is complete and accurate.

We’ll also help you gather all the supporting documentation you need to increase your chances of being approved for a license. Our team has a wealth of experience in the cannabis industry and is ready to navigate the licensing process on your behalf, encouraging you to focus on running your business.

Cannabis Establishment License Renewals

Once you’ve obtained your cannabis business license, it’s important to keep it in good standing. Our team can help you with your renewal application and ensure that all the necessary documentation is submitted on time. We’ll also help you stay compliant with all local, state, and federal laws so you can continue operating your company without interruption.

Get in touch with us today to learn more about how you’ll benefit from our cannabis licensing services. We’re happy to answer any questions before helping you get started on the path to success.

Important Considerations for Cannabis Establishments

If you’re opening a cannabis establishment, you’ll need to keep a few important things in mind. Here’s what you’ll need to think about while setting cannabis businesses up with state and federal law in mind:

Licensing

You’ll need to obtain a license from the state in which you plan to operate. Each state has its own set of rules that you’ll need to follow in order to be approved for a license.

You’ll also need to have a complete understanding of the different types of licenses that are available. Depending on the type of business you plan to operate, you may need to apply for a cultivation license, manufacturing license, dispensary license, or some combination of the three.

Keep in mind, there is a licensing fee associated with each license. Application submission, including your renewal application, will require you to pay a licensing fee.

Business Structure

Next, you’ll need to decide on the structure of your business. This will highlight things like how you file your taxes and how much liability you’re exposed to.

You’ll need to choose between a sole proprietorship, partnership, limited liability company (LLC), or corporation. Each has its own advantages and disadvantages, so it’s important to select the right one for your specific company needs.

Cannabis Establishment Location

Once you’ve obtained your permit and chosen your company structure, you’ll need to select a location for your cannabis establishment. This is an important decision, as it will affect things like your rent, utilities, and customer base.

You’ll need to make sure you choose a location that’s zoned for commercial use and that meets all the other requirements set forth by your state’s licensing regulations.

Employees

Last but not least, you’ll need to hire employees for your cannabis establishment. This is an important step, as your employees will be responsible for day-to-day operations.

You’ll need to make sure you find employees who are knowledgeable about the cannabis industry and who are passionate about providing excellent customer service. You’ll also need to ensure that your employees are properly trained in all the relevant rules.

Get in touch with us today to learn more about setting up a cannabis establishment. We’ll be happy to answer any of your questions, including but goes beyond the licensing fee associated with each to ownership interest and application window insights. We’re eager to help you get started on the path to success.

Get a Cannabis Business License for Your Cannabis Establishment

Businesses in the adult use and medical marijuana space need to be licensed to operate. But for applicants who have never applied for adult use or medical marijuana licensure before, the process to get your operation licensed can be daunting, especially when the application window is closing fast.

Northstar’s team of experts have experience assisting applicants submit new applications in every state, from California to Florida. We’ll work with you to determine which permit types you need to apply for based on the type of operation you plan to run.

We’ll also help you put together a complete and compliant application, ensuring that your submission has the best chance of being approved by the state licensing authority.

After getting your company licensed, we’ll help you get started on putting together the necessary policies and procedures to ensure that your operation is in compliance with all state and local rules.

Get in touch with us today to learn more about how we can help you get your cannabis company up and running.

Why You Need a Cannabis Business License

If you’re planning on opening a cannabis business, it’s important to understand the process for obtaining a license. Depending on the type of company you plan to operate, you may need to apply for a cultivation license, manufacturing license, dispensary license, or some combination of the three.

The process for obtaining a permit can be daunting, but Northstar’s team of experts have experience assisting applicants in every state. We’ll work with you to determine which permits you’re responsible for applying for and help you put together a complete and compliant application.

After your permits have been approved, we’ll help you get started on putting together the necessary policies and procedures to ensure that your operation is in compliance with all state and local regulations.

Get in touch with us today to learn more about how we can help you get your cannabis company up and running.

Different Types of Cannabis Licenses

Various different types of permits are available for medical marijuana and adult use cannabis businesses. Ultimately, which permit you’ll need depends on the type of operation they plan to run.

Some common license types for medical marijuana companies include but aren’t limited to cultivation, manufacturing, dispensary, and delivery licenses. Adult use businesses can also obtain these permits, of course. Each state has its own set of regulations governing these license types, so it’s important to consult with an expert before applying.

For example, if you’re going for a manufacturing permit in California, you’ll have to choose between Type 7, Type 6, Type N, Type P, Type S permit options depending on the activities performed, chemicals used for extraction and post processing, and whether you’re working in a shared-use facility.

Here’s a list of the cannabis licenses you may have to obtain to adhere to state regulations and federal law:

Cultivation (Grower) Licenses

Cultivation licenses are required for businesses that plan on growing cannabis. In order to obtain a cultivation license, applicants must submit an application including all necessary required information to the state licensing authority. As with all applications, the requirements vary from state to state.

Manufacturer (Processor) Licenses

Manufacturing licenses are required for businesses that plan on processing flower into cannabis products such as edibles or concentrates using medical marijuana or cannabis for adult use. In order to obtain a manufacturing license, applicants must submit an application to the state licensing authority.

Conditional (Conversion) Licenses

Conditional licensure is the temporary permission your operation needs to have in place before your application gets accepted. This type of license may be issued to you if the state requires additional time to process your application or wants to conduct an on-site inspection before making a decision.

Micro (Local) Licenses

Microbusinesses are small businesses that cultivate, manufacture, and sell their own cannabis products. In some states, microbusinesses are allowed to operate without a license as long as they stay within state-mandated limits on the amount of cannabis they can produce.

Lottery-Based Licenses

Some states issue cannabis licenses through a lottery system. This is usually done when the number of applications for a license exceeds the number of licenses that are available in that particular state.

Rolling (Unlimited) Licenses

Rolling licenses are available in some states and allow an unlimited number of businesses to apply for a license. The state will issue licenses as applications are received and reviewed on a first-come, first-scored basis.

Social Equity Licenses

Social equity licenses are available in some states and are meant to promote diversity in the cannabis industry. These licenses may be issued to individuals from communities that have been disproportionately harmed by the war on drugs.

Medical Marijuana & Recreational Dispensary (Retail) Licenses

Dispensary licenses are required for businesses that plan on selling cannabis to medical marijuana or adult use customers. In order to obtain a dispensary license, applicants must submit an application to the state licensing authority.

Medical marijuana dispensary licenses are required for businesses that sell cannabis to qualified patients. In order to obtain a dispensary license, applicants must submit an application to the state licensing authority.

Delivery Licenses

Delivery licenses are required for businesses that plan on delivering cannabis to medical marijuana patients and adult use customers. In order to obtain a delivery license, applicants must submit an application to the state licensing authority.

As B2C (business to consumer) licenses, these are essential for the marijuana businesses that plan to deliver to customers. Each applicant will have to outline the specifics of how the company will operate before receiving a permit.

Transport Licenses

Transport licenses are B2B (business to business) and allow the applicant to transport medical marijuana and adult use cannabis products between businesses. An application will need to be submitted which includes the company’s policies and procedures for transport.

Get Your Marijuana Company Licensed Now

Each marijuana permit applicant must understand that the process can be long and daunting. But it’s important to make sure you get all the proper permits before beginning your operations.

All marijuana companies in the US must apply and pay for each permit needed to conduct operations, regardless of whether operating in the medical marijuana space, distribution of adult use products to consumers, or something else. If you plan to participate in the marijuana space as an operator, you’re responsible for getting approval. This is something we’re ready to help you achieve.

Whether you’re in the health space offering medicinal marijuana products to patients or plan to launch a website that facilitates wholesale medical and recreational marijuana distribution, you need to ensure your company is compliant with all local, state, and federal rules.

Get in touch with us now to ensure you’re on the right track for success in the cannabis space.

[/read_more]