In this episode of 'Under the Microscope,' host Jenny Germano discusses the complexities and high costs of opening a regulated cannabis dispensary. With over 16 years of operations experience in the cannabis industry, she describes the various stages from licensing to the grand opening, emphasizing the importance of being organized and having an experienced team. She discusses the common pitfalls such as overwhelming tasks, the lack of project management, the financial strains, drinking through the firehose syndrome, compliance issues, and the importance of thorough preparation.
Providing real examples from her consulting work, Jenny urges potential dispensary owners to take compliance seriously and understand their choices and the significant investment required, both financially and in terms of dedication. This episode serves as a comprehensive guide to understanding the real challenges in the cannabis industry, while offering practical steps for aspiring dispensary owners.
🌿 Our Host: Jenny Germano
🌎 https://www.icsconsultingservice.com
⏰ Timecodes ⏰
00:58 The Overwhelming Process of Opening a Dispensary 02:48 Cost Variations Across States 07:43 The Reality of Running a Dispensary 10:40 Financial Challenges and Misconceptions 31:34 The High Cost of Compliance 33:08 Challenges During Construction 34:21 Navigating Inspections and Licensing 36:06 Drinking Through the Firehose 45:20 Building the Right Team 53:00 The Importance of Compliance and Burnout Prevention 54:41 Key Takeaways & Wrap Up
Popular Podcasts
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!