How To Start A Collective In 2012
If you have ever wanted to know what the best way to start a collective then keep reading because you will learn which business model is best to launch as well as what you can do to reduce your launch costs as well as retain the many growers and vendors in your area.
What Is The Easiest Way To Launch?
This really depends on how much cashflow you have out the gate to put it as easy as we can. It takes money to launch any business however when your business is dealing with high end medication, it tends to take a decent amount of up front cash and is why sadly many collectives low ball growers when they bring in their meds especially when they are new collectives.
If you are serious about setting up the worst thing you can do is low ball the growers and vendors who come in especially if they have quality product. You can end up offering exclusivity to them and their meds and offer them a decent amount donation wise so they do not need to go to any other collective when they have fresh meds available. This is a very sound strategy especially new collectives.
Where Can Someone Go For Legal or Other Advice?
One of the best ways for you to get started in your state is by getting this guide here which will have everything you will need to go from the possibility of launching a collective to actually DOING IT. You can also do well by going through a medical marijuana business lawyer which can also be located by checking out norml.org and the many resources and links posted on that site.
No matter what you decide to do as far as business model, you will want to verify that when you do setup you are going about it 100% by the book because if you do not the feds WILL come and get you lol. It really isn’t funny however it can and does still happen even in California even with Obama saying he was going to leave them alone.
Right now most collectives in California including Harborside has been forced into the delivery business model so before you go too far verify that your city and state are still allowing new collectives the ability to launch.
As Far As Long Term Stability Which MMJ Business Model Works Best?
Right now nothing compares to setting up a delivery service where you can either meet the patient in a public area or actually deliver to their apartment, house or wherever they might be at the time. Now there are plenty of states where setting up a “storefront” style of collective is very possible however if and when the feds decide that they don’t like you, you will be the first to get served with papers along with your landlord who is renting/leasing the building to you.
With a collective you will have to make sure and have enough start up capital not only for the medication itself but also for all of your employees because no one works for free even in a non-profit business model.
Would It Be Wise To Grow Your Own Meds And Clones?
There are many pros to growing your own meds and cutting your own clones however one of the most beneficial things that you can do as a collective owner is by making sure to involve local growers and offer their medication, extracts, clones and other medical marijuana items in your collective.
The main point of the collective is for those who grow to help those who do not have the ability to donate towards their meds or other mmj related items. You being the collective should however verify the legitimacy of the clones as well as make sure that the meds they bring in are free from pesticide, mold or anything else that could cause a potential health risk for the patients who go through your collective.