The cost of opening a cannabis dispensary ranges from $150,000 to $2 million. That includes key costs of around $250,000 for annual staffing, $100,000 in yearly rent, and $50,000 for up-front renovations. Of course, everyone’s budget is different, and a lot of depends on your capital requirements. Some costs are in your control; others are tied to the jurisdiction you’re in. But cultivators can hit profitability fairly quickly – often after the first harvest – and many find it relatively easy to stay in the black.
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