Running a marijuana dispensary could potentially be a highly profitable business. However, it is also a business in which you must carefully follow all legal requirements set by your state and country. If you’re thinking about opening a dispensary or you own a dispensary now and are looking for some legal assistance, here are three questions you need to ask before hiring a lawyer.
What Type of Business Are You Going to Conduct With Your Dispensary?
Not every marijuana dispensary provides the same types of business. For example, some dispensaries will only sell medical marijuana, either by choice or by law. In areas where recreational marijuana use is legal, some dispensaries will sell medical marijuana and will also sell recreational marijuana for those who meet the age requirements. Some dispensaries may also operate strictly from their physical location while others will do deliveries in addition to their physical location or just offer deliveries alone.
Ask yourself how you plan on doing business before you start reaching out for legal device. Each operation will require you to have different permits and follow different laws to do business. You have to know exactly what it is that you want to do so that you can better prepare for the legal requirements associated with running the business model that you prefer
What Areas Do I Need the Most Help With?
Because marijuana law is a tricky subject, you are going to be hard-pressed to find a lawyer who specializes in every area of the law. Some may specialize in the paperwork and legal aspects of starting a dispensary business while others may only focus on the financial aspects and tax laws that come with owning a dispensary business. If you’re not knowledgeable in any of the legal areas that come with running a dispensary, you are most likely going to have to hire multiple medical marijuana lawyers to assist you with making sure that your business runs smoothly and legally. If you’re knowledgeable about some areas, however, you will only have to hire a lawyer who can assist you with the areas about which you are less knowledgeable. Make sure to understand which parts of your business you easily understand before you begin seeking help.
How Much Are You Looking to Pay?
Like it or not, legal advice costs money. Some lawyers will be more affordable for dispensaries on a budget while others may charge one fee for consultations and another fee when you hire them. Before you reach out to hire a lawyer, take a look at your current financial situation and what most lawyers in the cannabis law fields are charging for the services that you need. You can get affordable help, but you always need to make sure that you conduct research on each lawyer before you consider hiring. Determine how many lawyers you will need to hire to help with your business. Costs can add up quickly if you don’t keep track of how much you’re spending.
Hiring a lawyer for your marijuana dispensary can be necessary if you need help with any of the legal aspects of setting up the business or if you find yourself in legal trouble because of any issues in your business model. Before you hire a lawyer, however, it is important that you know exactly what your situation is. If you’re planning on opening a dispensary or if you own one, ask yourself these three questions before hiring a medical marijuana lawyer.