what are requirements to be a clerk in a marijuana dispensary in oregon

Starting a cannabis company in Oregon? We've put together a state-specific guide roofing everything from bachelor license types to fees, regulations, and what you should include in an Oregon cannabis business program. Jump to a section by clicking beneath, or go direct to our sample cannabis business plan.

Click to bound to a topic:

Overview
Cannabis license types
Fees and other barriers to entry
Are cannabis business plans required in Oregon?
What to include in a business plan
How to research city regulations
Helpful links
Go expert help

Overview of legal cannabis in Oregon

Recreational and medical marijuana are both legal in Oregon. Patients with a written recommendation from a doctor tin can possess up to 24 ounces of usable cannabis, likewise as grow marijuana at home. There are over 22,000 patients take registered for medical marijuana use in the state (although this has continues to subtract since recreational use was legalized), and 2021 sales of medical marijuana via Oregon dispensaries are expected to exist around $65 meg.

The number of recreational marijuana customers in Oregon is estimated to be most one million. Adults can possess up to 8 ounces for recreational apply (one ounce in public), too equally up to iv marijuana plants per person. Cannabis sales at recreational dispensaries in Oregon could accomplish $i.4 billion in 2018.

Because Oregon has no statewide limit on the number of cannabis licenses that can be granted, over-supply is a mutual issue. In just the past two years, cannabis production has increased virtually 80%, forcing wholesale prices to drop.

Cannabis business organisation license types

Oregon issues licenses for three broad categories of medical cannabis businesses: dispensaries, cultivators (aka grow operations), and processors. The state licenses five major types of recreational cannabis businesses: producers (cultivators), processors, wholesalers, retailers (dispensaries), and testing labs

Dispensary/retailer: This is a retail storefront where people can purchase marijuana. Dispensaries must follow strict state-mandated protocols for production tracking, security, recordkeeping, and signage.

Cultivator/producer: These businesses, also chosen grow operations, grow cannabis plants indoors or outdoors. Marijuana is then either sold through a dispensary, to a wholesaler, or to a processor that will create products with it, such as edibles or oils. Some cultivators are "vertically integrated," meaning they grow, process, and sell cannabis to the public. Like dispensaries, grow operations are required to keep thorough documentation, including h2o sources, smell abatement procedures, and so along.

Processor: Processors buy cannabis from licensed growers, so process and/or create infused products such as edibles and sell them to dispensaries.

Wholesaler: In Oregon, recreational cannabis wholesalers buy marijuana in majority, and so sells it to other cannabis business license-holders (not the public).

Testing lab: Oregon marijuana testing labs are accredited past the Oregon Environmental Laboratory Accreditation program (ORELAP) and test cannabis based on the rules of the Oregon Health Authority. Labs test marijuana for pesticides, solvents, THC and CBD concentration, and contaminants.

Coincident business organization: At that place are plenty of other ways to be part of Oregon'due south booming cannabis manufacture. You can create a marijuana app, payment processing service, advertising bureau, consulting firm, pest management product, accounting firm, automated plant watering organization, security service, packaging labeling service, or legal firm--and that's just the tip of the iceberg!

Fees and other barriers to entry

Local governments tin forbid cannabis companies or certain locations, so check city and canton regulations.

Awarding fees: Applying for a medical cannabis business organization license in Oregon costs $500 for a clinic or processor, but there's no application fee for a medical cannabis cultivator! Applying for a recreational cannabis concern license costs $250 for all recreational license types.

License fees: It's $iii,500 for a medical cannabis dispensary or processor license in Oregon. The medical cannabis cultivator license fee is based on the number sites ($200 per site). For recreational marijuana, it's $2,000-$three,750 for a producer (grower) and $four,750 for a processor, wholesaler, retailer (dispensary), or testing lab. Producer costs are based on the square footage of your young canopy (the area used exclusively to propagate young marijuana plants): upwardly to 625 square anxiety for Micro Tier 1, up to 1,250 square feet for Micro Tier 2, up to 5,000 square feet for Tier one, and upward to 10,000 foursquare anxiety for Tier 2.

Tracking: All recreational marijuana concern licensees take to utilize Oregon's CTS, cannabis tracking organization, which involves training, tags on plants, ID numbers, and more.

Practise you demand a cannabis business program in Oregon?

Oregon recreational cannabis companies are required to submit a "marijuana business operating programme" as office of their application, which must say how the business organization will follow the country's rules for security, employee qualifications and training, product transport, and keeping out minors. A traditional business plan isn't required, but it will certainly make the process easier. And if you plan on raising funding from investors, you definitely need a business plan.

What to include in your concern plan

Here'southward what an Oregon marijuana concern plan should include:

• Product/service clarification: Will you run a clinic, grow operation, testing lab, processor, wholesaler, consulting house, or something else? What'due south unique nearly your concern? Exist every bit specific as you lot tin. If yous'll open a marijuana dispensary, which strains of bloom or whose manufactured products will yous sell?


• Market inquiry: If you're opening a dispensary, how many people live within five miles? If you'll wholesale flower or edibles, how many dispensaries will you sell to? If you're creating an app, who volition be the user base, and why would they utilise your app instead of someone else's? Use concrete numbers verified past a third party whenever possible (instead of estimates).


• Competitors: Who volition you compete with, both directly and indirectly? What do they do well and poorly? What is their online reputation? How will you differentiate your company?


• Management team: Summarize your qualifications and those of others on your management squad. (Call up of it equally a shorter, "greatest hits" version of your resume.) Include cannabis industry experience, as well as leadership skills, client service, and business organisation development feel in other industries.


• Financials: This role can exist catchy. You need a 5-year financial forecast, including projected annual revenue, operating expenses, costs, and net profit. Each year'south projected revenue should include not only revenue but also your margin and direct costs. Y'all can forecast acquirement past estimating how much production you lot call back you'll sell (based on market potential), your retail price, your production toll, and how much you'll spend on payroll, hire, and other expenses. Your cash catamenia statement will bear witness that y'all'll accept enough cash to stay operational. You might desire to include a sensitivity assay (best- and worst-case scenarios), which shows 15% college and fifteen% lower acquirement than your initial forecast. For marijuana cultivators, information technology's of import to exercise a sensitivity assay based on future potentialities of the wholesale price per pound. You can as well include a break-even analysis, showing which month you will be assisting.


• Oregon-specific requirements: If not included elsewhere in your application, you should include details in your concern program about your security organization, production tracking, secure product send, manufacturing waste material plan, and anything else required by Oregon.


• Investor proposal: If y'all are presenting your programme to investors, how are yous valuing the shares? Consult with your attorney to make sure you are within country and federal compliance. Sometimes, you'll need your attorney to draw up an offer memorandum, oft chosen a individual placement memorandum (PPM). A PPM informs potential investors on the details of the investment vehicle (your company) and potential risks associated with the investment.

How to inquiry city regulations

Google your city or municipality name and "cannabis regulations" or "marijuana laws" (here's a list of Oregon cities and counties that prohibit recreational marijuana). If your city or municipality'southward website doesn't have information nigh cannabis, bank check recent local news coverage or contact your metropolis clerk, city manager, or town hall.

Helpful Links

• Recreational cannabis license application
• Recreational cannabis "Business organisation Readiness Guidebook"
• Medical clinic application
• Recreational marijuana FAQs
• Recreational marijuana operating plan form
• Annals your business on the Oregon Secretary of State website
• Trademark your visitor name and logo

Get practiced help

Confused or overwhelmed yet? That's normal. With such a highly regulated manufacture, and one with different rules in every state, starting a cannabis company can be very circuitous. Go help with your cannabis business plan from Masterplans, the industry leaders. We've worked with hundreds of cannabis entrepreneurs similar yourself to create investor-ready documents and presentations and then you lot can not only run across regulations merely get the funding yous need. Click below for your free, confidential consultation:

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Source: https://www.masterplans.com/help/how-to-start-a-recreational-cannabis-business/Oregon/

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