How much does starting a cannabis business cost?

Costs for starting a cannabis business depends on many factors, including operation type, your location the size of your operation, your state’s application, and licensing process. Overall costs from inception to actualization range between $500K and $25 Million. When considering opening any operation it is important to line up the right partners, obtain funding and familiarize yourself with your state’s application process. Every state will have different policies, so it is a detailed and complicated process that requires meticulous planning.

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