Digging into the Californian market requires expertise and etiquette. It expects you to be literate and all-around prepared both in reserves and sound business techniques.
Our group of consultants can cause help.
There are numerous chances in California.
A portion of the things that add to the market’s extraordinary headway is the steady political help, combined with the 20-year time of authorization.
Rate of Consumption | |
2018 | 10.7% |
Forecast of Spending | |
2018 | $3.1% billion (adult use) |
2024 | $7.2% billion (adult use) |
Compounded Annual Growth Rate (CAGR) | |
2018 | 20% |
2024 | 20% |
You may not be a specialist in California business cannabis authorizing. There is no reason to get anxious, and this is because we have all the mastery that you need. Our group of consultants is here to help.
It is the responsibility of the Bureau of Cannabis Control (BBC) to regulate commercial cannabis licenses. It has released a set of guidelines for prospective seekers of commercial cannabis licensure. The guidelines are:
The cultivation businesses’ requirement of one city varies from that of another
Prospects must apply for a cultivation license with the local city and state.
The state of California requires a bond or obligation to pay $5,000
The distance between a cultivation facility and a school (youth center, k-12, daycare) must be 600ft at a minimum.
It would help if you made the right choice out of the many license types. Argonaut Advisory is precisely here for you. Talk to our consultants, and let us guide you through all of your decision-making.
For every question you have, our expert team holds answers. We are up to date on the intricacies of the cannabis industry in California.
You need to pay on a yearly premise, for application, and for permitting. The sum you will pay relies upon assessed net income for a year license period
California cannabis licenses for retailers, wholesalers, testing labs, and microbusinesses are accessible and directed through the Bureau of Cannabis Control. They acknowledge permitting applications through a web-based authorizing framework.
California cannabis licenses for retailers, distributors, testing labs, and microbusinesses are available and regulated through the Bureau of Cannabis Control.
Temporary business cannabis licenses are not, at this point, accessible.