A recreational weed dispensary is a store that sells legal cannabis for adult use. They are only allowed to be open for retail in states that have legalized marijuana for recreational use.
Legality
In areas where cannabis is legal for recreational use, shops and other establishments sell marijuana to adults over a certain age. It is sold similarly to alcohol or tobacco.
In Breckenridge, Colorado, the first dispensaries have opened since adult-use weed was legal in 2008. They are part of a more significant move to bring marijuana into the mainstream by creating a regulated market.
Those who own legal dispensaries look forward to expanding their business but have an uphill battle ahead. First, they face the possibility of being outflanked by the gray market, which has grown to include many of the same illegal stores.
This unauthorized activity, particularly in lower-income neighborhoods, is a major political headache for city officials and state leaders. It is also a source of robberies and other problems. As a result, the city and state are attempting to curb it.
Customer Service
The dispensary customer service experience is critical to a successful retail cannabis operation. Not only does excellent customer service keep customers coming back, but it also helps dispensaries win new business and increase brand awareness.
It’s essential to arm your staff with extensive product knowledge, so they can help your customers find the right strain or type of marijuana for their specific needs. In addition, it will make your customers more likely to return to your store and share positive reviews about your dispensary with friends.
A successful dispensary like Breckenridge Organic Therapy will have a friendly frontline of employees, including budtenders, to serve the public. In addition, it will ensure that customers can enjoy a smooth and pleasant shopping experience.
Safety
While recreational weed can positively affect some, using it safely and responsibly is essential. The psychoactive compound in cannabis – THC – affects movement, balance, coordination, and judgment, so safety is vital.
For example, using a vehicle while under the influence of cannabis can increase the risk of impaired driving and create hazardous roadway conditions for other drivers. The National Institutes of Health reports that THC impairs motor coordination and reaction time, and drivers who have higher levels of THC in their blood are more likely to be arrested for driving under the influence of marijuana.
Taxes
If you own a recreational weed dispensary, there are different kinds of taxes to be aware of. These include state excise tax, sales tax, and a cannabis excise tax.
Licensed cannabis producers must pay the cannabis excise tax when they package their products for sale to a distributor or retailer. The licensee must ensure the packaging has an excise stamp with the appropriate colored stamp for each provincial or territorial market where the product will be sold.
States have different rules for paying these taxes and the order in which they are collected and spent. It can be confusing, but you must know the rules to ensure you follow them correctly.
You can also be personally liable for failing to collect or pay the correct taxes and fined. A qualified tax attorney can help you avoid these penalties and ensure your business complies with the law.