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Knowledgeable Assistance in Setting Up Your Cannabis Business

Are you thinking of starting a cannabis business? Already in business and running into regulatory questions or contract problems? Need help understanding the medical marijuana laws? State restrictions on the cultivation, distribution and sales of medical marijuana in Florida have been loosened. With this now more widely legalized substance, how can entrepreneurs take advantage of the expanded market and move into the marijuana business for themselves?

New Law Legalizes Marijuana in Florida

On Nov. 8, 2016, residents voted to legalize medical marijuana in Florida, making it the 26th state to legalize the drug widely. That means that as an entrepreneur, you are free to start up a business to take advantage of this new market or add to an existing business to manufacture, sell or distribute medical marijuana products legally. There's never been a better time to start your cannabis or ancillary business in the Sunshine State.

In the past, as a result of 2014 legislation, only a small group of patients qualified for using a low-THC, high-CBD form of the drug as treatment for specific illnesses and under limited conditions. The new law passed in 2016 expands the types of patients who will qualify to receive and use the drug as a form of medication. Medical marijuana is used to treat or reduce symptoms of many serious illnesses such as cancer, Alzheimer's, dementia, post-traumatic stress disorder (PTSD), glaucoma, epilepsy, AIDS, HIV, Crohn's disease, chronic back pain and more. Now a much larger base of approximately 450,000 patients will be able to benefit from the healing effects of medical marijuana.

What's Involved in a Successful Marijuana Business?

Navigating the maze of state, local and municipal regulations is enough to stop even the most seasoned entrepreneurs in their tracks. On top of that, factor in real estate, banking, merchant processing, insurance, transport, security and compliance before you even get to traditional marketing, inventory control, customer service, employee recruiting, training and retention, and the entrepreneur undertaking a business startup faces a daunting task.

L. Gregory Loomar, PA, in Fort Lauderdale, Florida, is ready to assist you. Since 2013, through our medical marijuana business center, we've helped people start medical marijuana and ancillary businesses. We can help you work through all of the regulations and optimize your business operations. We help people and new businesses to be more efficient and successful in their endeavors. Call us to discuss your business law needs at 954-239-7574 or toll free at 888-351-1836.

A Growing Market for Your Business Interests

The legal cannabis business sector recorded in excess of $6.6 billion in sales for 2016 and is expecting sales to top $20 billion in 2020. This continued double-digit growth is promising a sector ripe for new businesses to be started, but not without unique issues. In addition to the typical obstacles any new business usually encounters, a whole additional set of hurdles must be surmounted.

Services We Offer to Business Clients

Using our expertise and 25 years of experience, we can assist clients through the entire process of starting and operating a legal medical, cannabis or ancillary business in any of the states where those business activities are legal. We also focus on the many viable options in the legal ancillary business markets, which will support the emerging medical cannabis market sector.

The following include some of the services we offer:

  • Forming the correct business entity and preparation of the necessary shareholder, partnership, operating, employment and noncompetition agreements
  • Preparation and review of applications for licensing, permits and registrations necessary for business operations
  • Business plan creation and document preparation
  • Financial negotiations, including banking, installment loans, lines of credit and equity funding
  • Employee and operational handbook creation
  • Site selection, real estate/lease negotiation
  • Zoning approval and variances
  • Compliance program; maintenance of governmental and regulatory licenses and approvals
  • General ongoing business advisory support to our clients to ensure their long-term success

Call Us for All of Your Business Law Needs

Call our offices to discuss your business law issues with an attorney who is experienced at working with medical marijuana legislation today at 954-239-7574 or toll free at 888-351-1836. You can also reach us through our online contact form.

  • CannaServe.info
  • CannaServe.org
  • ABC Family Funds
  • ABC AncillaryBusinessConsultants.com
Contact Us Today - 954-239-7574 / 888-351-1836 Or

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L. Gregory Loomar, PA
8201 Peters Road, Suite 1000
Plantation, FL 33324
Phone: 954-239-7574
Toll Free: 888-351-1836
Fax: 954-239-9655
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