Can You Get Rich Operating a Cannabis Dispensary? – Green Entrepreneur

Do you ever wonder how much a cannabis retail store makes? Guess what; many other people also do. As a result of the unprecedented growth in the cannabis retail business, people have become increasingly interested in starting a cannabis dispensary and the possible profits you can make as a dispensary owner. If you have ever wondered about the dispensary business, then this is an article for you.

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In this article, we try to answer these questions, and also how much a franchise dispensary owner makes, the yearly cost of running a cannabis dispensary, other important costs you might incur while running the business, and a little on how to make the business profitable. Let’s get into it.

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How much does a cannabis dispensary owner make?

Retail store owners earn on average between $250,000 dollars and $450,000 a year, but a small percentage of these businesses makes up to and over a million dollars a year. The average cannabis retail store produces around $2 million yearly in sales with a 12% margin in profit. The current federal 280E tax code makes profits shrink quickly in

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