Top 5 Reasons Why Cannabis Companies Fail to Start

failure or success business concept

Top 5 Reasons Why Cannabis Companies Fail To Start

Here are your top 5 reasons why cannabis companies fail to start. At Renaissance Consulting, we provide you with the most qualified cannabis consulting personnel in the industry. Contact us today for a free quote or call 303-991-8154.

Cannabis Consulting plan

1.) Underestimating State And Local Regulations

They underestimate the time and effort needed to navigate the state and local regulations for obtaining a license and operational permit. Remember, the state has its requirements, and the local jurisdiction is allowed to set its own as well. You should be working to fulfill the obligations needed for state and local in tandem. This can be accomplished by having a cannabis specific technical writer on your team. Also, a local point of contact on your board to help network and make connections that will make obtaining your local approval easier.

2.) Securing Real Estate (YT Raising Capital)

They overlook the importance of actually securing the real estate. Most states will allow for three different types of methods to prove you have access to the real estate once you’ve been granted the license to operate:

  • 1) A purchase contract
  • 2) An executed lease
  • 3) An option in writing to purchase or lease the property once you’ve won the license.

You want to avoid a situation where you’ve been awarded the license that is tied to the property you submitted information for on the application. Now the landlord can being negotiations with a captive audience.

cannabis real estate

3.) Getting The Appropriate Inspectors Involved Upfront

They don’t get the proper inspectors involved in the beginning stages of the construction process. When you do this, you run the risk of hurting what can sometimes be frail egos within the building, fire, water, and engineering. Also, Other departments that want to be included and feel like they are being respected during the construction planning phase. Make friends with these people. Keep them informed and listen to their input. Make them feel like they are a part of your team.

4.) Make Sure It’s a Real Offer From Your Investors

Open-ended offers from investors that are too vague and don’t explicitly spell out funding deadlines and a clearly defined process for the allocation of funds. Investors and investment groups need time and space to arrange for funding. You can’t get money overnight unless you’re willing to pay expensive fees.

cannabis investor

5.) Negotiate Favorable Contracts With Your Vendors

They haven’t reached out to or solidified relationships with all of the necessary vendors needed to adequately supply and open a cannabis company. There are too many vendors to list. This varies depending on if you are a cultivator, processor, retail or vertically integrated using all three parts of the supply chain. At the very least, you must have wholesale contracts negotiated, reviewed, and approved or your grand opening could be a disaster.

Cannabis Consulting YouTube Channel

– Call 303-991-8154 for a free quote –

15,180 thoughts on “Top 5 Reasons Why Cannabis Companies Fail to Start

  1. see it here says:

    I simply want to say I am beginner to blogs and absolutely savored this web site. Most likely I’m want to bookmark your site . You surely come with impressive articles and reviews. Kudos for sharing with us your blog.

  2. skylinetix says:

    Right here is the perfect web site for everyone who hopes to find out about this topic. You know so much its almost hard to argue with you (not that I personally will need to…HaHa). You definitely put a new spin on a subject which has been written about for a long time. Wonderful stuff, just great.

  3. CarTransportService says:

    I’m impressed, I have to admit. Rarely do I encounter a blog that’s both equally educative and entertaining, and without a doubt, you have hit the nail on the head. The problem is an issue that not enough people are speaking intelligently about. I am very happy I came across this during my search for something concerning this.

  4. LesMeridien says:

    Good post. I learn something new and challenging on websites I stumbleupon everyday. It will always be helpful to read articles from other writers and use something from their websites.

  5. Agustin Kreitlow says:

    I’m excited to discover this web site. I want to to thank you for ones time just for this wonderful read!! I definitely savored every little bit of it and I have you book marked to see new information on your web site.

  6. DCSsystems says:

    Greetings, I believe your blog might be having internet browser compatibility problems. Whenever I look at your site in Safari, it looks fine but when opening in I.E., it has some overlapping issues. I simply wanted to provide you with a quick heads up! Aside from that, great blog!

  7. canadian drugs says:

    Hi there this is kinda of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding experience so I wanted to get guidance from someone with experience. Any help would be greatly appreciated!

  8. viagra for sale says:

    Generally I don’t learn article on blogs, but I wish to say that this write-up very forced me to take a look at and do so! Your writing taste has been surprised me. Thanks, quite great article.

  9. viagra generic says:

    Hello There. I found your blog using msn. This is an extremely well written article. I will make sure to bookmark it and come back to read more of your useful information. Thanks for the post. I’ll certainly return.|

  10. buy viagra online says:

    I believe that is one of the such a lot vital info for me. And i’m happy reading your article. However want to commentary on some basic things, The site style is great, the articles is in reality great : D. Good process, cheers

  11. Masternode says:

    Howdy! This article couldn’t be written any better! Looking at this article reminds me of my previous roommate! He constantly kept preaching about this. I’ll send this article to him. Fairly certain he’s going to have a very good read. Thank you for sharing!

  12. Idalia Winberry says:

    You are so awesome! I do not believe I’ve read through a single thing like this before. So wonderful to discover somebody with genuine thoughts on this topic. Seriously.. thanks for starting this up. This website is one thing that is required on the internet, someone with a little originality.

  13. generic viagra says:

    Hello There. I found your blog using msn. This is a very well written article. I’ll be sure to bookmark it and come back to read more of your useful information. Thanks for the post. I will definitely comeback.

  14. viagra sans ordonnance says:

    I and my friends have been taking note of the excellent strategies located on your web page while before long developed a horrible suspicion I had not expressed respect to the blog owner for those secrets. The young boys ended up as a result stimulated to read all of them and have extremely been loving those things. Appreciation for actually being indeed kind and then for considering this sort of essential themes most people are really eager to discover. Our own sincere regret for not expressing appreciation to you sooner.

  15. EliteDefenseTech says:

    Hi, I do believe this is a great site. I stumbledupon it 😉 I’m going to come back once again since i have book marked it. Money and freedom is the greatest way to change, may you be rich and continue to guide others.

  16. AllVidd says:

    I blog quite often and I really appreciate your content. This great article has truly peaked my interest. I will bookmark your site and keep checking for new details about once a week. I opted in for your Feed as well.

  17. northwest pharmacy says:

    Youre so cool! I dont suppose Ive learn something like this before. So nice to seek out anyone with some unique ideas on this subject. realy thank you for beginning this up. this web site is one thing that’s wanted on the internet, someone with a little originality. useful job for bringing something new to the web!

  18. yeezy boost says:

    I must express my admiration for your generosity giving support to those individuals that really want help with this one subject. Your very own dedication to passing the message all over appeared to be especially good and have in every case permitted employees just like me to attain their dreams. This warm and friendly useful information entails much to me and still more to my office colleagues. Many thanks; from everyone of us.

  19. Techey Adda says:

    Aw, this was a really nice post. Taking a few minutes and actual effort to create a great article… but what can I say… I put things off a lot and never seem to get nearly anything done.

  20. yeezy boost says:

    I precisely wished to say thanks yet again. I’m not certain what I could possibly have gone through in the absence of the actual techniques documented by you over this question. It absolutely was a real horrifying condition in my circumstances, but discovering the specialised mode you handled it took me to leap with contentment. I will be happy for this help and thus pray you are aware of a great job you’re carrying out instructing people today by way of your websites. More than likely you haven’t met any of us.

  21. jordan 6 says:

    Thank you a lot for providing individuals with an extraordinarily terrific chance to read from this blog. It really is very ideal and full of amusement for me and my office peers to search your site at the least three times in 7 days to find out the fresh stuff you have got. Not to mention, I’m also certainly fascinated considering the extraordinary secrets served by you. Some 3 points in this post are in fact the most efficient we have all ever had.

  22. air jordan 11 says:

    I as well as my buddies ended up digesting the excellent pointers located on your website and so all of a sudden I had an awful feeling I had not expressed respect to the web site owner for those secrets. Most of the young men are actually as a result happy to read them and already have actually been making the most of these things. We appreciate you actually being indeed helpful and also for figuring out such marvelous tips millions of individuals are really eager to know about. Our own honest apologies for not saying thanks to you earlier.

  23. nike air max 270 says:

    I in addition to my pals appeared to be looking at the best thoughts located on the blog while immediately developed a horrible suspicion I had not thanked you for those strategies. These boys ended up consequently glad to learn them and have in truth been having fun with those things. Appreciation for being indeed helpful and then for picking out variety of fantastic tips millions of individuals are really needing to learn about. My very own sincere apologies for not saying thanks to sooner.

  24. nike air max says:

    I together with my buddies happened to be reading through the nice suggestions located on your site then then I got a horrible feeling I had not thanked the website owner for those secrets. Most of the women happened to be as a consequence thrilled to read them and have in effect undoubtedly been having fun with those things. Thanks for truly being indeed thoughtful and then for making a decision on such perfect things most people are really desperate to be informed on. Our sincere regret for not expressing gratitude to earlier.

  25. air force 1 says:

    Thanks so much for giving everyone an extraordinarily pleasant possiblity to discover important secrets from this website. It can be so cool and as well , jam-packed with amusement for me personally and my office co-workers to visit your website at the least three times per week to read the newest guides you have. Not to mention, we are actually impressed considering the stunning tips you serve. Some 2 areas in this article are honestly the most efficient we’ve had.

  26. Luxenationz says:

    Hi, I do think this is an excellent website. I stumbledupon it 😉 I may revisit yet again since i have saved as a favorite it. Money and freedom is the best way to change, may you be rich and continue to help other people.

  27. cheap viagra online canadian pharmacy says:

    Thanks for the helpful article. It is also my opinion that mesothelioma has an incredibly long latency period of time, which means that indication of the disease might not exactly emerge until finally 30 to 50 years after the original exposure to asbestos fiber. Pleural mesothelioma, which can be the most common style and impacts the area round the lungs, could cause shortness of breath, breasts pains, plus a persistent coughing, which may produce coughing up blood.

  28. AutoLike says:

    Auto Liker, autolike, Autolike International, Autolike, Autoliker, Increase Likes, Status Auto Liker, Working Auto Liker, auto like, Status Liker, autoliker, Photo Liker, ZFN Liker, auto liker, Photo Auto Liker, Autoliker, Auto Like

  29. cheap jordans says:

    I precisely needed to thank you so much once again. I’m not certain what I would’ve used in the absence of the actual tricks shared by you concerning this problem. It has been the challenging matter for me personally, however , finding out your specialised style you processed that took me to leap for happiness. Now i’m grateful for the work and even believe you know what an amazing job you are accomplishing educating men and women through a site. More than likely you have never got to know all of us.

  30. buy online viagra says:

    Thanks for giving your ideas. Something is that college students have an option between federal student loan along with a private education loan where it’s easier to opt for student loan consolidation than over the federal education loan.

  31. viagra pricing 100mg walmart says:

    That is the suitable weblog for anybody who desires to search out out about this topic. You understand a lot its almost onerous to argue with you (not that I really would want…HaHa). You undoubtedly put a brand new spin on a topic thats been written about for years. Nice stuff, simply nice!

  32. pfizer generic viagra says:

    I know this if off topic but I’m looking into starting my own weblog and was curious what all is required to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet savvy so I’m not 100% sure. Any recommendations or advice would be greatly appreciated. Thanks

  33. AaronIncix says: – is 50 mg of viagra safe – can i buy synthroid fron the company – generic ed drugs in us – 100 mg lasix for dogs – valtrex dosage for herpes outbreak -cold – buy kamagra online usa – does synthroid have wheat in it as a binder? – will amoxicillin cleans marijuana – propecia – allopurinol supplement side effects – vardenafil and lisinopril – kamagra online ervaringen – allopurinol 200 mg tab – amazon viagra pfizer – can you take more propecia for better results

  34. universal health plan says:

    Thank you a bunch for sharing this with all folks you really realize what you’re talking approximately! Bookmarked. Kindly additionally seek advice from my website =). We will have a link exchange agreement among us!

  35. AaronIncix says: – tadalafil hormosan 10 mg – does sildenafil require a prescription – what if i take 40mg of cialis – what is metformin hcl 500 used for – zithromax buy online without prescription – poison ivy prednisone dosage – dexamethasone vs prednisolone laminitis equine – webmd albuterol – vardenafil vs tadalafil – xenical otc – can i be allergic to synthroid? – tetracycline fish antibiotics for sale – is there any withdrawal from lexapro – can using a nebulizerwith ipratropium bromide and albuterol cause nose bleeds – can you take pepcid ac and lisinopril together

  36. Louie Ritchotte says:

    You are so cool! I don’t believe I’ve read anything like this before. So good to discover somebody with some unique thoughts on this subject matter. Really.. many thanks for starting this up. This website is one thing that’s needed on the web, someone with a bit of originality.

  37. AaronIncix says: – maxim sophia viagra – generic name albuterol – allopurinol 5 mg/ml mouthwash – alternative to synthroid without a prescription – are there two types of acyclovir ointment 5% – how long does it take for viagra to work? – buy novo sildenafil – sildenafil rx prices – allopurinol 100 mg tab parp – is viagra better than sildenafil – zithromax dose for respiratory infection – start on 20 mg prozac – can you take antacids with amoxicillin – sending the synthroid info. without my personal stuff on it. – is soy ok to mix with prednisone ?

  38. AaronIncix says: – lasix 40 mg po bid – what did wreg report on what college or university is studying propecia hairgrowth in people – levitra dosage recommendations – buy generic sildenafil – prednisone 4mg dosepak – generic allopurinol 100mg – side effects of going off lexapro – s it ok to take marilax after lasix – propecia buy online – tetracycline 500 mg reviews – tetracycline capsules 250 mg – gout flares with allopurinol – will acyclovir cure a bladder infection – what pharmacies in rapides parish, la. formulate tadalafil?? – why people should not take metformin anymore

  39. AaronIncix says: – can i take cytomel with synthroid – acyclovir pills price – cost of xenical at walmart – cash price for tetracycline – uk online pharmacy viagra – acyclovir is what type of drug – is sulfamethoxazole/trimethoprim tetracycline – cut in half 10 mg tadalafil – zithromax for pid – can you take tylenol with lexapro – valtrex prescription for cold sores – valacyclovir prescription – buy propecia online without prescription – generic propecia canadian pharmacy – natural viagra alternative

  40. what is sildenafil 20 mg says:

    (Yahoo Expos‚) – Blood affliction readings dive into four prevailing categories, ranging from ordinary to condition 3 high blood vexation (hypertension). The true of your blood pressure determines what amicable of treatment you may need. To respite c start an meticulous blood compression measurement, your doctor should assess your readings based on the typically of two or more blood pressure readings at three or more office visits. Here’s a look at the four blood compression categories and what they in any case by dint of for you. If your systolic and diastolic readings dive into two original categories, your correct blood adversity sort is the higher category. Fitting for admonition, viagra generic viagra, if your blood constraints reading is 125/85 millimeters of mercury (mm Hg), you have spot 1 hypertension.
    May 27, 2019 12:12

  41. sildenafil says:

    (CNN) – Observe correctly. Sit with your abet legitimate and supported (on a dining position, rather than a sofa). Your feet should be flat on the floor and your legs should not be crossed. Your arm should be supported on a total boundary (such as a propose) with the aristocrats arm at middle level. Lunge at sure the base of the cuff is placed quickly vulnerable viagra without a doctor prescription the bow of the elbow. Thwart your vdu’s instructions as a service to an exemplar or take your healthcare provider may be seen you how.
    Updated: October 2, 2019 10:18

  42. vacuum pump for erectile dysfunction says:

    (NY Times) – Measure at the selfsame pro tempore every day. It’s worthy to assume the readings at the constant circumstance each era, such as morning and evening. It is wealthiest to receive the readings ordinary however in the best of circumstances creation 2 weeks after a exchange in treatment and during handle viagra prescription the week before your next appointment. Pocket multiple readings and list the results. Each point you gage, peculate two or three readings whole little singly and take down the results using a printable (PDF) or online tracker. If your study has built-in tribute to store your readings, rival it with you to your appointments. Some monitors may also put up with you to upload your readings to a take possession of website after you register your profile.
    Updated: January 5, 2019 15:35

  43. natural supplements for erectile dysfunction says:

    (BuzzFeed Scandal) – You may hamper the calories in a viagra without doctor prescription, steps taken today and unvaried your density mass index but too numberless of us don’t be informed the form measurement that could lay our lives – blood pressure. Dubbed the close-mouthed murderer, sybaritic blood pressure (BP) seldom has symptoms hitherto it causes 60% of strokes and 14% of spunk attacks, according to Blood Crushing UK. It’s brainwork as uncountable as 3 million people are undiagnosed and resolve exclusive upon old hat theirs is too high-class when they have a nub strike at or stroke.
    November 28, 2019 7:17

  44. AaronIncix says: – propecia hair loss treatment – how often to take valtrex for cold sore – mixing lexapro and xanax and marijuana – how often take cialis – acyclovir chronic conjunctivitis – cheap kamagra 100mg – can us citizen order generic vardenafil from canada – where can i buy tetracycline over the counter – if you have elevated tsh, do you increase synthroid – safe levitra purchase online – what are the side effects of the water pill lasix – how to stop taking prozac 20 mg – erectile dysfunction generic pills – average price for zithromax 250 mg, six tablets – what is allopurinol medication used for

  45. Royal CBD says:

    You’re so awesome! I do not believe I’ve read through a single thing like this before. So wonderful to discover someone with a few genuine thoughts on this subject. Really.. thank you for starting this up. This website is one thing that is required on the internet, someone with a bit of originality.