Opening a dispensary is an investment. Here’s how licensees can mitigate costs. –

This guest column is from Mike Wilson, the CEO of Temeka Group. The views and opinions expressed in this article are those of the author, and do not necessarily reflect the views or positions of NY Cannabis Insider.

For the now over-200 individuals with a retail cannabis license in New York, there exists an immense opportunity to enter, at the ground floor, a market that will eventually be worth billions.

But being approved for your license is only the beginning. The steps that follow can be confusing, expensive and filled with missteps if you aren’t provided with the correct guidance.

Recently, it has become clear that many of New York’s CAURD licensees are unaware of just how critical their early decisions will be for not only limiting costs but also the subsequent success of their business.

If you’re a CAURD applicant who recently received a license, here are some of the main things to keep in mind as you conceptualize your business and begin the process of getting your dispensary operational.

Have a clear sense of what you want and can afford

Making the necessary decisions to get your business up and running will be easier if you have a clear and realistic vision. Bringing the

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