Essay Available:
Pages:
1 page/≈275 words
Sources:
No Sources
Style:
APA
Subject:
Health, Medicine, Nursing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:
Startup
Essay Instructions:
INTRODUCTION
Joe has decided that one of the primary responsibilities of the Cannabis Business Consortium (CBC) should be to help new business find the information they need to obtain licenses and get established in the field. Recently, he asked you to be part of the business development committee and you gladly accepted.
After the committee was established, an article was published in the CBC's quarterly publication advertising the services that are provided. It did not take long until a high profile new startup reached out for help. Joe has set up an online meeting to introduce the founders of the business to the committee members and let you know some of their concerns.
A FOLLOW-UP E-MAIL
The day after the meeting, you receive the following e-mail:
Hello,
It was great to meet you yesterday. During the meeting, you mentioned that you would be willing to help explore some of the concerns we have about licensing. If you could not tell in the meeting, we are pretty much lost when it comes to licensing and what it takes to establish a legal business.
Joe has graciously given us access to a discussion board that we can use to discuss the licensing issues. Please take some time to check it out and help us get on the right track.
I look forward to us working together going forward,
Quentin
INSTRUCTIONS
It is clear that this project is a big deal for Joe. For this initial discussion, focus on the general barriers to entry for a cannabis-based business to get a license. If cannabis is legal in your area, what would a generic cannabis-based business expect to face when they apply for a license in the area?
Essay Sample Content Preview:
Barriers to Applying Cannabis Business License
Student Name
Institutional Affiliation
Course Code
Instructor
Date
Hello Quentin, Getting a license for a cannabis business is a very tiring process with many major entry barriers. Let me guide the licensing landscape that will help your startup to thrive. The first major challenge is compliance with the stringent eligibility criteria defined by the state cannabis control board. Any potential owners need to pass through the comprehensive background checks, and any prior drug-related convictions will disqualify applicants. It is also essential to prove that your startup has the sufficient capital and assets needed for a cannabis business. Therefore, detailed financial disclosures are essential. A solid business operations plan demo...
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