The Blueprint: A Guide Towards Cannabis Business Ownership

By D. Harrison-Greenaway

The Blueprint is not intended to give advice, guidance, or council as rules differ from state to state, it is meant to share information on:
• Where to find applications and what is required to be eligible to apply.
• How you acquire your licenses, and where to file for permits.
• What is required for Compliance and how to maintain compliance.
• Taxes, Registration & Fees

The Blueprint also discusses
• Business plan structure for cannabis,
• possible financing options including social equity.
• it shares a few myths and facts about the industry.
• Finally, it shows you that you can make money with a little hard work

I hope you find The Blueprint to be informative and helpful in your journey toward cannabis entrepreneurship, financial freedom, and creating generational wealth.

• Language: English
• Publisher: BookBaby
• Release date: Aug 1, 2022
• ISBN: 9781667854519

Book preview

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The Blueprint

© 2022 D. Harrison-Greenaway

All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.

ISBN 978-1-66785-450-2

eBook ISBN 978-1-66785-451-9

Dedication

This book is dedicated to the struggle, of those who have sought recognition as equal citizens, despite the United States Constitution stating otherwise. For those who have had the greatest, and most violent struggles. For the people who came before me under cannabis prohibition and continue to suffer under this unjust business atmosphere that has taken advantage of the legalization of cannabis.

Table of Contents

INTRODUCTION

SECTION 1

INDUSTRY MYTHS & FACTS

SECTION 2

KNOWING THE STATE & LOCAL GOVERNMENT REGULATIONS & TAXES

SECTION 3

LICENSING, PERMITS, REGISTRATION & FEES

SECTION 4

BUILDING YOUR BUSINESS PLAN

SECTION 5

SOCIAL EQUITY

SECTION 6

FINANCING YOUR CANNABIS BUSINESS

SECTION 7

RECAP OF ITEMS COVERED

SECTION 8

CONCLUSION

INDUSTRY TERMS TO KNOW

REFERENCES

INTRODUCTION

Minorities face various inequities every day and the cannabis industry is no exception. The industry mirrors society showing that people from all walks of life use the products. Unfortunately, it also mirrors the systemic racism and discriminatory practices within the business and judicial sectors of society. There are still thousands of people incarcerated on non-violent cannabis charges, even though cannabis is now legal in many states. At the onset of legalization, many who were incarcerated on non-violent cannabis convictions were given brutally extensive lengths of time in prison. At the dawn of the legalization of recreational cannabis use, the industry vowed to help with the release of these individuals. When cannabis became legal for recreational use, state and local governments committed to providing a pathway to ownership for those who were incarcerated for non-violent cannabis sales, and for those who by virtue of demographics, were harshly impacted by the war on drugs. They presented a type of reparations called Social Equity as their commitment to providing an easily obtainable entry point into the newly legal business, but social equity does not translate to economic access into the cannabis industry, and it is made clear by the subminimum percentage of cannabis ownership among people of color.

I am a cannabis industry professional, and I’ve achieved a vast knowledge of various aspects of this industry through hands-on experience, as well as through the knowledge that I acquired as an elected Budget Advocate for the City of Los Angeles serving on the budget committee for the Department of Cannabis. I helped turn a one-million-dollar company into a multi-million-dollar company within four years. This industry has provided me with an exceptional life.

However, being aware that the people of color who came before me under cannabis prohibition have suffered and continue to suffer under the disparities of this industry, is a point of conflict for my