If you’re reading this, you likely have aspirations of starting your very own recreational dispensary in Los Angeles. You’re perfectly aware of the potential to turn it into a successful business venture, and you believe you have the entrepreneurial mind to run it. But as you may know, recreational cannabis – or any business for that matter – requires extensive planning and strategizing. It’s not something you get into randomly, only to just “wing it.” So if you happen to be planning to set up your own weed shop in the Los Angeles area, this article should help you get things started. You will have to do more research afterward, but this should help lead you towards the correct first steps.
Familiarize Yourself With the Potential Legal Risks
Recreational cannabis may have been legalized in California in 2016, but keep in mind that it remains illegal on a federal level. The United States Drug Enforcement Agency (DEA) still classifies marijuana as a Schedule I drug, which means it is deemed to have “no accepted medical use” and has a “high potential for abuse.”
Even if you’re operating in a state where it is legalized, the fact that it isn’t accepted federally may give you some extra hoops to jump through. To make your life easier, have a lawyer who will help you study the necessary parameters, especially if you have no time to analyze the legal mumbo jumbo.
Read more about the recreational dispensary in Los Angeles at Roots LA.
