Q. What do I need to do first when beginning the process of applying for a license?
A. Nail down the property.
Q. What’s the biggest mistake industry entrants make?
A. Not knowing where they’re going to locate.
Q. What’s one of the biggest obstacles in opening a dispensary or grow/manufacturing facility?
A. Getting the zoning and use permissions from municipalities.
“I find groups think that real estate is going to be easier than it is. The real estate is really hard,” says Kris Krane, president and co-founder of 4Front Ventures, a cannabis management and investment firm.