Opening a dispensary is both an exciting opportunity and a complex endeavor. With the legal cannabis industry expanding rapidly, entrepreneurs are increasingly drawn to the promise of high margins and consistent demand. However, opening a dispensary involves strict compliance, substantial financial investment, and precise operational planning. In this comprehensive guide, we will walk you through the process of opening and running a dispensary. From startup costs and space requirements to inventory needs and employee planning, we cover everything you need to know. We’ll also highlight why choosing the right dispensary POS software — including features of an advanced POS software system — is critical to your success. Step 1: Legal Considerations and Licensing Understand Local Laws Before anything else, understand the cannabis laws in your state and municipality. Cannabis remains federally illegal, so you must comply with your specific state’s regulations. Some states have limited licenses or strict zoning rules that affect where and how you can operate. Licensing Process Application Fees: $5,000 to $60,000, depending on the state. Consulting Services: Hiring a lawyer or [...]