You will need to consider zoning, market regulations (qualifying conditions and legal product types), operation type, and municipality approvals to start. Determining the appropriate market and specific location for your cannabis business is paramount to your success. Once you have identified your target market and jurisdiction and have scouted appropriate locations for your operation type, you will need to enter transparent leasing negotiations with your landlord and work with a legal team to sign a contract that will not hinder the productivity and profitability of your business.
The cost of starting a cannabis business varies considerably depending on the operation, location, and market, but in our experience, the overall cost from inception to actualization ranges between $500k and $25 Million. Preparing for the success of your cannabis business requires adequate capital from the start. For most operations, this means accurately projecting the burn-rate required to staff a business until it can generate positive cash flow. Working with established industry professionals to create comprehensive financial plans is, therefore, often essential for your business' success and could save you millions in the long-term.
If you have been awarded a license, then significant congratulations are in order! After winning a license, you will need to pay any applicable licensing fees in a timely fashion to ensure that you don’t lose your license to technicalities. With your license in hand, now the real work begins. The next steps will depend on what products and services your business provides and the status of your real estate. If you have secured a license and need guidance on how to proceed, we can quickly review your plans and help to get your business off the ground as soon as possible.
You will need to consider zoning, market regulations (qualifying conditions and legal product types), operation type, and municipality approvals to start. Determining the appropriate market and specific location for your cannabis business is paramount to your success. Once you have identified your target market and jurisdiction and have scouted appropriate locations for your operation type, you will need to enter transparent leasing negotiations with your landlord and work with a legal team to sign a contract that will not hinder the productivity and profitability of your business.
The cost of starting a cannabis business varies considerably depending on the operation, location, and market, but in our experience, the overall cost from inception to actualization ranges between $500k and $25 Million. Preparing for the success of your cannabis business requires adequate capital from the start. For most operations, this means accurately projecting the burn-rate required to staff a business until it can generate positive cash flow. Working with established industry professionals to create comprehensive financial plans is, therefore, often essential for your business' success and could save you millions in the long-term.
If you have been awarded a license, then significant congratulations are in order! After winning a license, you will need to pay any applicable licensing fees in a timely fashion to ensure that you don’t lose your license to technicalities. With your license in hand, now the real work begins. The next steps will depend on what products and services your business provides and the status of your real estate. If you have secured a license and need guidance on how to proceed, we can quickly review your plans and help to get your business off the ground as soon as possible.
We provide industry-leading strategic guidance to local, statewide, multi-state, and international cannabis businesses including:
3C helps businesses navigate the ever-changing regulations and laws that complicate business development and growth. We advise on and assist with:
3C also acts as an advisory group to Multiverse Capital™, a cannabis venture firm.
Yes, and if we have not yet, we will. 3C has successfully helped nearly 500 clients in 34 U.S. states, two territories, and 17 countries worldwide.
Yes. 3C works with your management team to draft business plans that are compliant with all applicable regulations. We can create articulation documents including an executive summary, pitch deck, and financial models. 3C will ensure that your management team is fully aware of the content and progress of all deliverables and that your company is thoroughly prepared for the application and start-up processes.
Yes. 3C works with licensed architects on your behalf to provide plans for your facilities. 3C knows how critical operational efficiency, security, and regulatory compliance are for your business to succeed. We work closely with architects to ensure that best practices specific to the cannabis industry are incorporated in your plans and whenever possible, we encourage our clients to design facilities in adherence with LEED (Leadership in Energy and Environmental Design) standards to reduce operating costs, utilization of resources, and their environmental footprint.
3C can help finalize your marketing, branding, and consumer outreach plans so that they adhere to industry-specific best practices such as age limit restrictions and local market regulations. We additionally, 3C will also advise on how to navigate joint ventures and partnerships with future vendors and distributors to ensure that your business is primed for success. At 3C, we understand the value of building a strong brand and marketing your product effectively. We also recognize that cannabis regulations and age limit restrictions can make marketing your product difficult.
Yes, 3C has created numerous SOPs for cultivation, extraction, manufacturing, distribution, testing, retail, and delivery businesses. We can help you develop and maintain strong SOPs to remain compliant and ensure efficient and effective operations. In the face of numerous compliance liabilities, hands-on businesses rely on clear and in-depth SOPs to operate compliantly and train new staff as they scale.
Yes, we can! For context, if you are unfamiliar with IRC280E, please read more before proceeding. This tax code restricts plant-touching cannabis businesses from claiming certain deductions on federal tax filings and can considerably increase a business’s tax burden. 3C has structured hundreds of cannabis businesses and management companies, so we are amply prepared to help your team understand your options and determine the proper structure for your business.
3C provides operational support through strategic guidance on key business decisions and issue resolution. We can help your business work through inefficiencies, update SOPs, staffing your operations, and more. Our services can be temporary, semi-permanent, or permanent, depending upon your needs. 3C provides these operational support services as a third-party contractor. Our staff may be deployed to work on-site or remotely as needed. If you need any form of operational support, do not hesitate to reach out. If for any reason we cannot assist you with operational support, we will point you in the right direction to ensure your needs are met.
Yes, 3C provides temporary or ongoing operational management services to cannabis businesses. We provide these services as a third-party contractor. All management services are tailored specifically to the needs of the business.
Each package is dependent on location, type of project, length of the project, time for completion, team experience, and many other factors. We have various levels and phases of engagement for strategic guidance, application submittal, and operational support. Each engagement phase is priced accordingly. If you are ready to seek the help of a consultant, get in touch with our team for a free exploratory consultation.
No. 3C cannot guarantee that you will be awarded a license as there are many factors beyond our control. We are confident, however, that we offer the industry’s most comprehensive guidance and consulting services for the license application process. While our belief is that it is unethical for any group or individual to guarantee a license, we still top the charts for many of our clients.
We provide industry-leading strategic guidance to local, statewide, multi-state, and international cannabis businesses including:
3C helps businesses navigate the ever-changing regulations and laws that complicate business development and growth. We advise on and assist with:
3C also acts as an advisory group to Multiverse Capital™, a cannabis venture firm.
Yes, and if we have not yet, we will. 3C has successfully helped nearly 500 clients in 34 U.S. states, two territories, and 17 countries worldwide.
Yes. 3C works with your management team to draft business plans that are compliant with all applicable regulations. We can create articulation documents including an executive summary, pitch deck, and financial models. 3C will ensure that your management team is fully aware of the content and progress of all deliverables and that your company is thoroughly prepared for the application and start-up processes.
Yes. 3C works with licensed architects on your behalf to provide plans for your facilities. 3C knows how critical operational efficiency, security, and regulatory compliance are for your business to succeed. We work closely with architects to ensure that best practices specific to the cannabis industry are incorporated in your plans and whenever possible, we encourage our clients to design facilities in adherence with LEED (Leadership in Energy and Environmental Design) standards to reduce operating costs, utilization of resources, and their environmental footprint.
3C can help finalize your marketing, branding, and consumer outreach plans so that they adhere to industry-specific best practices such as age limit restrictions and local market regulations. We additionally, 3C will also advise on how to navigate joint ventures and partnerships with future vendors and distributors to ensure that your business is primed for success. At 3C, we understand the value of building a strong brand and marketing your product effectively. We also recognize that cannabis regulations and age limit restrictions can make marketing your product difficult.
Yes, 3C has created numerous SOPs for cultivation, extraction, manufacturing, distribution, testing, retail, and delivery businesses. We can help you develop and maintain strong SOPs to remain compliant and ensure efficient and effective operations. In the face of numerous compliance liabilities, hands-on businesses rely on clear and in-depth SOPs to operate compliantly and train new staff as they scale.
Yes, we can! For context, if you are unfamiliar with IRC280E, please read more before proceeding. This tax code restricts plant-touching cannabis businesses from claiming certain deductions on federal tax filings and can considerably increase a business’s tax burden. 3C has structured hundreds of cannabis businesses and management companies, so we are amply prepared to help your team understand your options and determine the proper structure for your business.
3C provides operational support through strategic guidance on key business decisions and issue resolution. We can help your business work through inefficiencies, update SOPs, staffing your operations, and more. Our services can be temporary, semi-permanent, or permanent, depending upon your needs. 3C provides these operational support services as a third-party contractor. Our staff may be deployed to work on-site or remotely as needed. If you need any form of operational support, do not hesitate to reach out. If for any reason we cannot assist you with operational support, we will point you in the right direction to ensure your needs are met.
Yes, 3C provides temporary or ongoing operational management services to cannabis businesses. We provide these services as a third-party contractor. All management services are tailored specifically to the needs of the business.
Each package is dependent on location, type of project, length of the project, time for completion, team experience, and many other factors. We have various levels and phases of engagement for strategic guidance, application submittal, and operational support. Each engagement phase is priced accordingly. If you are ready to seek the help of a consultant, get in touch with our team for a free exploratory consultation.
No. 3C cannot guarantee that you will be awarded a license as there are many factors beyond our control. We are confident, however, that we offer the industry’s most comprehensive guidance and consulting services for the license application process. While our belief is that it is unethical for any group or individual to guarantee a license, we still top the charts for many of our clients.
We provide industry-leading strategic guidance to local, statewide, multi-state, and international cannabis businesses including:
3C helps businesses navigate the ever-changing regulations and laws that complicate business development and growth. We advise on and assist with:
3C also acts as an advisory group to Multiverse Capital™, a venture firm specializing in cannabis investment.
Yes, and if we have not yet, we will. 3C has successfully helped clients in 42 U.S. states, two territories, and 27 countries worldwide.
Yes. 3C works with your management team to draft cannabis business plans that are compliant with all applicable regulations. We can create articulation documents including an executive summary, pitch deck, and financial models. 3C will ensure that your management team is fully aware of the content and entire cannabis strategy to help your company be thoroughly prepared for the application and start-up processes.
Yes. 3C works with licensed architects on your behalf to provide plans for your facilities. 3C knows how critical operational efficiency, security, and regulatory compliance are for your business to succeed. We work closely with architects to ensure that best practices specific to the cannabis industry are incorporated in your plans and whenever possible, we encourage our clients to design facilities in adherence with LEED (Leadership in Energy and Environmental Design) standards to reduce operating costs, utilization of resources, and their environmental footprint.
3C can help finalize your marketing, branding, and consumer outreach plans so that they adhere to industry-specific best practices such as age limit restrictions and local market regulations. We additionally, 3C will also advise on how to navigate joint ventures and partnerships with future vendors and distributors to ensure that your business is primed for success. At 3C, we understand the value of building a strong brand and marketing your product effectively. We also recognize that cannabis regulations and age limit restrictions can make marketing your product difficult.
Yes, 3C has created numerous SOPs for cultivation, extraction, manufacturing, distribution, testing, retail, and delivery businesses. We can help you develop and maintain strong SOPs to remain compliant and ensure efficient and effective operations. In the face of numerous compliance liabilities, hands-on businesses rely on clear and in-depth SOPs to operate compliantly and train new staff as they scale.
Yes, we can! For context, if you are unfamiliar with IRC280E, please read more before proceeding. This tax code restricts plant-touching cannabis businesses from claiming certain deductions on federal tax filings and can considerably increase a business’s tax burden. 3C has structured hundreds of cannabis businesses and management companies, so we are amply prepared to help your team understand your options and determine the proper structure for your business.
3C provides operational support through strategic guidance on key business decisions and issue resolution. We can help your business work through inefficiencies, update SOPs, staffing your operations, and more. Our services can be temporary, semi-permanent, or permanent, depending upon your needs. 3C provides these operational support services as a third-party contractor. Our staff may be deployed to work on-site or remotely as needed. If you need any form of operational support, do not hesitate to reach out. If for any reason we cannot assist you with operational support, we will point you in the right direction to ensure your needs are met.
Yes, 3C provides temporary or ongoing operational management services to cannabis businesses. We provide these services as a third-party contractor. All management services are tailored specifically to the needs of the business.
Each package is dependent on location, type of project, length of the project, time for completion, team experience, and many other factors. We have various levels and phases of engagement for strategic guidance, application submittal, and operational support. Each engagement phase is priced accordingly. If you are ready to seek the help of a consultant, get in touch with our team for a free exploratory consultation.
No. 3C cannot guarantee that you will be awarded a license as there are many factors beyond our control. We are confident, however, that we offer the industry’s most comprehensive guidance and consulting services for the license application process. While our belief is that it is unethical for any group or individual to guarantee a cannabis business license, we still top the charts for many of our clients.
Yes. 3C can help determine a solution for your business' specific needs with the current legal limitations on banking services in mind.
No; however, while 3C does not actively fund cannabis businesses, our partner firm, Multiverse Capital™, manages a series of venture funds which invest in cannabis businesses. With our guidance and support, it is possible to secure funding for projects which have been properly vetted and approved. 3C also works with your management team to create your business' pitch deck, helping you to effectively pitch your project to investors.
Yes. 3C helps your business find and establish beneficial partnerships specific to your needs including vendors, wholesalers, manufacturers, and distributors. The 3C network of partners has been built over 10 years and includes thousands of specialized experts and successful partners who can bolster both your application and your business.
No. 3C does not provide legal advice to our clients, and our advice does not serve as a substitute for legal counsel. However, if you need assistance with finding qualified and experienced cannabis industry legal services, we can provide recommendations. We also offer best practice guidance based on our experience working with hundreds of cannabis clients across the globe.
No. 3C does not directly offer seed-to-sale tracking systems. We have worked with a number of system providers and can make recommendations based on our and our clients’ experience. We have assisted our clients in implementing seed-to-sale tracking in markets across the industry and have a solid grasp on the pros and cons of the systems on the market. 3C is versed in the process and protocols necessary for compliant seed-to-sale tracking and can draft SOPs specifically for your business and market.
Yes. 3C can help determine a solution for your business' specific needs with the current legal limitations on banking services in mind.
No; however, while 3C does not actively fund cannabis businesses, our partner firm, Multiverse Capital™, manages a series of venture funds which invest in cannabis businesses. With our guidance and support, it is possible to secure funding for projects which have been properly vetted and approved. 3C also works with your management team to create your business' pitch deck, helping you to effectively pitch your project to investors.
Yes. 3C helps your business find and establish beneficial partnerships specific to your needs including vendors, wholesalers, manufacturers, and distributors. The 3C network of partners has been built over 10 years and includes thousands of specialized experts and successful partners who can bolster both your application and your business.
No. 3C does not provide legal advice to our clients, and our advice does not serve as a substitute for legal counsel. However, if you need assistance with finding qualified and experienced cannabis industry legal services, we can provide recommendations. We also offer best practice guidance based on our experience working with hundreds of cannabis clients across the globe.
No. 3C does not directly offer seed-to-sale tracking systems. We have worked with a number of system providers and can make recommendations based on our and our clients’ experience. We have assisted our clients in implementing seed-to-sale tracking in markets across the industry and have a solid grasp on the pros and cons of the systems on the market. 3C is versed in the process and protocols necessary for compliant seed-to-sale tracking and can draft SOPs specifically for your business and market.
Yes. 3C can help determine a solution for your business' specific needs with the current legal limitations on banking services in mind.
No; however, while 3C does not actively fund cannabis businesses, our partner firm, Multiverse Capital™, manages a series of venture funds which invest in cannabis businesses. With our guidance and support, it is possible to secure funding for projects which have been properly vetted and approved. 3C also works with your management team to create your business' pitch deck, helping you to effectively pitch your project to investors.
Yes. 3C helps your business find and establish beneficial partnerships specific to your needs including vendors, wholesalers, manufacturers, and distributors. The 3C network of partners has been built over 10 years and includes thousands of specialized experts and successful partners who can bolster both your application and your business.
No. 3C does not provide legal advice to our clients, and our advice does not serve as a substitute for legal counsel. However, if you need assistance with finding qualified and experienced cannabis industry legal services, we can provide recommendations. We also offer best practice guidance based on our experience working with hundreds of cannabis clients across the globe.
No. 3C does not directly offer seed-to-sale tracking systems. We have worked with a number of system providers and can make recommendations based on our and our clients’ experience. We have assisted our clients in implementing seed-to-sale tracking in markets across the industry and have a solid grasp on the pros and cons of the systems on the market. 3C is versed in the process and protocols necessary for compliant seed-to-sale tracking and can draft SOPs specifically for your business and market.
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