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Theory Medical And Recreational Marijuana Store

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Running head: THEORY MARIJUANA STORE Theory Medical and Recreational Marijuana Dispensing Store Student’s Name Institutional Affiliation 1 THEORY MARIJUANA STORE 2 Theory Medical and Recreational Marijuana Dispensary Store Business Overview Although many states have legalized the use and sale of marijuana, a significant thing to note is that the business is not for the faint-hearted. Theory Medical and Recreational Marijuana Dispensary store wishes to invest in working efforts and considerable capital investment, and also comply with laws and regulations of Washington DC State. According to Marijuana Business Daily Projects, revenues that dispensaries and retail stores generate are approximated to range between $6.5 and $8 billion by 2019 (Fairman, 2016). Apart from strict rules and regulations controlling the use and sale of cannabis, banks may refuse to lend to businesses that distribute marijuana considering the federal laws (Fresthler et al, 2013). Theory Marijuana Dispensing Store believes that this will eventually change, but as for now, it has raised enough capital for a startup without a loan. It has a capital investment of $1.5 million, which exceeds the state minimum of $1 million cash to acquire a dispensing license. Through sourcing of marijuana locally and selectively, while taking precautionary measures, the store ensures the products meet customer quality standard. The company’s vision is to provide a unique and welcoming environment for dispensing of ...
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