Regardless of the license held, any person licensed to manufacture products must meet a number of requirements. These operational requirements apply to all cannabis product production whether a cannabis manufacturer or a microbusiness with a manufacturing endorsement. Facility: Cannabis manufacturing must take place in an enclosed, locked facility used exclusively for the manufacture of cannabis […]
Learn MoreNot all states that have legalized cannabis authorized legal delivery of cannabis. Minnesota, however, is following the lead of states like Colorado, Massachusetts, Oregon, Michigan, and Nevada that do authorize delivery. A delivery license will not, however, come easy and those that obtain a delivery license are subject to a variety of operational requirements. Authorized […]
Learn MoreMinnesota’s cannabis wholesaler license gives licensed wholesalers a number of rights when it comes to purchasing and selling cannabis at wholesale, but it is not going to be the Wild West – far from it, in fact. Authorized Purchases: A cannabis wholesaler license allows the licensee to purchase immature cannabis plants, seedlings, cannabis flower, cannabis […]
Learn MoreA cannabis transporter license is a somewhat unique type of license. In the alcohol industry, there are essentially retailers, wholesalers, and producers/suppliers (and while this is an oversimplification of alcohol regulations, it covers the basic idea underlying alcohol regulation). So while we have discussed retail licensing and wholesale licensing that generally track the underlying approach […]
Learn MoreOne of the more interesting licenses in Minnesota’s cannabis framework is the event organizer license. Authorized Actions: An event organizer license will permit the holder to organize temporary cannabis events that last no more than four days. Additional Information Required: In addition to standard license application information, event organizer license applicants must provide a lot […]
Learn MoreMinnesota’s cannabis retailer license provision gives licensees a number of rights, but those rights also come with certain restrictions. Here is a summary of the key points: Authorized Actions: A cannabis retailer license allows a licensee to purchase various cannabis-related products, including immature cannabis plants, seedlings, cannabis flower, cannabis products, lower-potency hemp edibles, and hemp-derived […]
Learn MoreBuy-sell agreements are incredibly important for small businesses with multiple owners to have in place. The main purpose of a buy-sell agreement is to provide a method for the orderly transfer of ownership and management control when specific events occur, such as the death, disability, retirement, or voluntary departure of a co-owner. It helps mitigate […]
Learn MoreIn many cases, purchasing a franchise may be more expensive than opening an independent business. When you buy a franchise, startup costs include paying an up-front fee for use of the franchisor’s brand and, perhaps, expenses for training which may or may not be very useful). In addition, you are often required to purchase supplies […]
Learn MoreWhen it comes to whether you are more likely to be successful as a franchisee than owning an independent business, studies have gone in both directions over the years (and as far as we know, there has not been any recent study on the question). How successful are franchises? Success depends on the type of […]
Learn MoreThe answer to how much purchasing a franchise costs is, of course, dependent on a variety of factors. The problem is that many prospective franchisees think of the initial franchise fee and buildout costs as the sole costs to open and begin operating a franchise. Unfortunately, that’s not the case. Is It Cheaper to Buy […]
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