Grow Life 420

Follow this expert advice to create a business plan that proves you know what you’re doing and can start and grow a profitable cannabis business.

In every section of a business plan, investors are looking for a depth of knowledge about your industry and your business and the ways in which you’re preparing to manage with all the considerations identified. They’re looking for what you’re doing and why, who’s involved, and how you’ll be able to execute. They want to see a solid playbook that will serve as a set of operating principles to get them through unforeseen challenges when things don’t go as planned.

Here are some recommendations to help you write each section of your business plan:

– Read the entire article at Entrepreneur.

No matter how trendy cannabis might be today, there are still plenty of misconceptions. That’s reflected in the fact that, according to a Quinnipiac poll released last March, most Gen Zers, Millennials and Gen Xers are in favor of legalized marijuana, while baby boomers are divided and adults over 65 years old mostly said, “No thank you.”

What’s interesting, though, is nearly all the poll’s participants said they would support the legal use of medical marijuana as a treatment option if their doctor prescribes it. And indeed, a 2016 report by the International Centre for Science in Drug Policy found that a lifetime use of cannabis carried a low risk of dependence, affecting only nine percent of the people surveyed. Other data suggests that cannabis can contribute to a low risk of developing lethal damage to the heart, declines in IQ or schizophrenia, and some studies have noted cannabis’s benefits toward mitigating chronic pain, motor and non-motor symptoms of Parkinson’s disease, fibromyalgia, endometriosis, interstitial cystitis and even some types of cancer.

– Read the entire article at Entrepreneur.