How to Win a Cannabis License

How Do I Win a Cannabis License?

It’s application season in Illinois and competition is fierce! With only 75 licenses to award, every point in an application counts. Applying for a license is costly, competitive, and in most cases a one time opportunity. This week Miggy and Tom were joined by expert Jay Czarkowski, Founding Partner at Canna Advisors, to discuss exactly what it takes to have a successful application. Canna Advisors has an incredible history of producing winning applications for their clients. Learn what makes for a winning application in this weeks episode:

How to Win a Cannabis License with Canna Advisors
How to Win a Cannabis License with Canna Advisors

What is Canna Advisors?

  • A cannabis business consulting agency specializing in brand development and license applications
  • Has won applications in 29 states as well as Guam, Puerto Rico, and Canada
  • Founded by Diane and Jay Czarkowski in 2013
  • Operating out of Boulder, Colorado

What Services Does Canna Advisors Offer?

  • Brand Development
  • Business Development
  • Compliance
  • Growth & Optimization
  • Exit Strategy
  • Licensing Application
  • Operations Readiness
  • Staff Sourcing
  • Start-up

Why You Need a Consultant

  • An application is expensive, an application for a dispensary can be in the tens of thousands of dollars
  • The landscape is incredibly competitive
  • Applications are complex
  • Consultants like Canna Advisors have the experience and expertise

Beginning Steps to Increase Your Chances of Winning a License

  • Start early!
  • Aquire a fully compliant property
  • Fill key staff roles
  • Have a strong financial model with acquired funds

Having a team dedicated to the success of your business and application can increase the chances of winning an application. Applications are costly, precarious, and incredibly complex. A team dedicated to positioning your cannabis business for success can do wonders for an application.

 

Check out:

Interested in coming on as a guest? Email our producer at lauryn@collateralbase.com.

tom

tom

Licensed to practice since 2008, Thomas Howard has represented numerous financial institutions in litigation to enforce their security interests.
tom

tom

Licensed to practice since 2008, Thomas Howard has represented numerous financial institutions in litigation to enforce their security interests.

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