The Ultimate Step-by-Step Guide to Opening a Cannabis Store in Oregon

  • Executive summary: This is a concise, well-written summary of your business. It should be designed to draw the reader in to learn more about your venture, and include your business name and location, the products you plan to offer, and your mission or vision statement.
  • Company description: This section should cover a high-level view of who you are, how you operate, and what your business goals are. Include information regarding your business’s legal structure, the needs or demands your business will supply, an overview of your customers and suppliers, and a summary of your short- and long-term business goals.
  • Products: Clearly describe what you sell, focusing on the benefits to your customers. Include as many details as you have at this stage about your suppliers, how much your products are expected to cost, and the net revenue you expect from sales. Adding pictures or diagrams helps readers better visualize what you’re describing in this section, so consider adding some.
  • Market analysis: This is the place to show off how much research you’ve done into the industry and the potential challenges you may face as a dispensary. Include information on your target customer base, a description of the industry and its outlook, marketing data on the industry, and a detailed comparison of your main competitors that includes their strengths and weaknesses.
  • Strategy and implementation: Summarize your plan for sales and marketing, including how you plan to promote your business, sources of labor and number of employees, and data on your operating hours and facilities.
  • Organization and management team: Here’s where you’ll include your organizational structure with department descriptions, information about the owners, profiles of your planned management team, and a list of any advisors you may have, including board members, attorneys, or accountants.
  • Financial plan and projections: For the most accurate projections of your business’s financial future, it may be best to prepare this section with a professional accountant. You’ll include any income statements or balance sheets for businesses you currently own (if you do), realistic cash flow and balance sheet information for your new business, and an analysis of this financial data.
  • A Land Use Compatibility Statement
  • A Business Operating plan
  • Floor plan of your proposed facility
  • Proof of right to occupy the premises (deed, lease, etc.)
  • A $250 processing fee
  1. Provide adequate safeguards against theft of marijuana product and client records
  2. Install commercial-grade locks on every external door and gate
  3. Securely lock all points of entry and exit when the business is closed
  4. Keep all keys or key codes with authorized personnel only
  5. Store marijuana items in a safe or vault after hours
  6. Maintain an electronic back-up system for all electronic records
  7. Keep video recordings and archived records that aren’t stored electronically in a locked storage area
  8. Install a fully operational security alarm system
  9. Have a fully operational video surveillance recording system working 24 hours per day
  1. Give a reason why you want a waiver (unnecessary, undue financial burden, etc.)
  2. Describe an alternative safeguard in lieu of the requirement you want to waive
  3. Explain how and why the alternative safeguard accomplishes the goals of the original rule.

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