Opening a business where you can legally sell cannabis requires careful planning. Missing steps or ignoring specific requirements may put you at risk of serious legal consequences.
If you attain the right licensure and follow government-issued guidelines, you have nothing to worry about. In fact, your business can provide a community benefit for consumers interested in using cannabis for medicinal and recreational purposes.
You will need a license to legally operate a storefront that sells marijuana. Different licenses affect retailers, transporters and growers so are sure to acquire and submit the appropriate forms. Once you receive your official license, keep detailed records of your business operations. Examples of some of the records you will want to maintain include the following:
- Security records
- Sales records
- Financial records
- Destruction records
- Permit and license information
Under the law, you must meet certain expectations to legally own and operate a storefront location that sells cannabis to the public. According to Michigan.gov, you can only obtain your product from licensed vendors who have proof of their legal operation. When selling your product, you need to verify that your customers are at least 21-years-old.
You will need to ensure the compliance of your products with MRTMA guidelines after you have adequately tested each one. Every product you sell must have a label that clearly describes the contents in the package. Your vigilance in making sure you follow all federal regulations can help you prevent costly legal repercussions that could threaten your reputation and your career. When you stay in compliance, you can enjoy the satisfaction of providing the public with a diverse product.