How to open a dispensary in michigan

How much does a dispensary make in Michigan?

Dispensary Salary in Michigan
Annual Salary Monthly Pay
Top Earners $66,582 $5,548
75th Percentile $47,180 $3,931
Average $44,555 $3,712
25th Percentile $25,574 $2,131

How profitable is a dispensary?

A 2017 analysis surmised that dispensaries averaged $3 million in annual revenue, with operating expenses averaging $1.2 million. In 2018, a study from ArcView and BDS revealed that “dispensaries have the ability to turn a 12 percent profit after taxes.” A 2020 study found that “…

How do you get a micro grow license in Michigan?

How do I apply for a Microbusiness License?
  1. Fees/Costs: Application Fee – $6K. Initial Licensure Fee (to be paid prior to obtaining license) – $8K. …
  2. Application Process. Step 1 – prequalification application (criminal/financial background check for certain individuals within the applicant company)

What licenses do you need to open a dispensary?

There are three types of licenses are available for dispensaries;
  • Marijuana producer license.
  • Marijuana processor license.
  • Marijuana retailer license.

Is Sunnyside a franchise?

The estimated investment required to open a Sunnyside Grill Franchise is between $200,000-$400,000. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Sunnyside Grill name.

How much does it cost to open a CBD franchise?

CBD Franchise
Initial Franchise Fee $5,000 $5,000
Initial CBD Inventory $8,000 $15,000
Estimated Startup Costs (first 90 days) $10,550 $51,700
Total Initial Investment (Est.) $23,550 $71,700

How many states is Trulieve in?

11 states
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania.

How do I contact OCS?

Please visit our free website at or call our toll free consumer relations line at 1-800-663-9980.