SERVICES
For New Cannabis Operators
BUSINESS FORMATION
Starting a new cannabis business can be a complex and challenging process, but Midwestern Canna is here to help.
Our business formation services cover all the essential steps, including setting up your LLC, registering with the State and the IRS, navigating complex federal banking regulations, creating a strong brand, and more.
Our team of experts work closely with you to understand your unique needs and goals, and create a custom plan that sets your business up for success.
STATE PREQUALIFICATIONS
Obtaining prequalification from the State is a necessary first step for all cannabis operators prior to licensure. This process involves drafting and submitting a variety of documents, including background and tax disclosures for all individuals and entities involved.
Our team of experts are experienced in preparing and submitting state prequalifications correctly and efficiently, ensuring timely approval. They are well-versed in Michigan's regulations and requirements, and work closely with you throughout the process to ensure your success.
MUNICIPAL APPLICATIONS
Municipal applications are undoubtedly the most difficult part of the cannabis licensing process, and where most hopeful cannabis operators fail. Accordingly, expert help is crucial in obtaining a municipal license.
Our team of industry experts take you through every step of the municipal licensing process, from identifying opted-in cities with available license allocations, to securing zoning compliant property, to preparing detailed business plans and submitting comprehensive license applications. We then work closely with city officials to ensure your application is approved and that your property is in compliance with all local regulations.
With Midwestern Canna, you can trust that we will do everything in our power to maximize your chances of success in the competitive cannabis industry.
STATE LICENSE APPLICATIONS
The State license application is the final step in obtaining a cannabis operating license, and crucial to get right.
Our team of experts work with you to ensure your facility is in compliance with all state regulations before submitting your final state license application. We work closely with state inspectors to make sure that your facility meets all requirements, and guide you through the application process to receive your final operating license.
Trust Midwestern Canna to provide the support and expertise you need to successfully navigate the state licensing process and get your facility up and running.
FINANCING
Arguably the biggest obstacle that most new operators face is obtaining funding. With Federal law still gray on the topic, financing the project through more traditional means is generally off the table. Therefore, an expert is required to guide you in securing the funding you need to ensure the success of your venture.
Our team of experts work with you to draft comprehensive business plans, projecting costs and revenues, and then connect you with our extensive network of investors and private lenders. We have a proven track record of successfully securing funding for our clients. Our goal is to make the process as streamlined and stress-free as possible.
BUSINESS PLAN WRITING
Business plans are crucial in securing funding and/or investors for your project, and they are required for your municipal license application. Accordingly, it is important to have trained experts create a plan that is thorough, detailed, and covers all the necessary information.
Our team of experts work closely with you to create a comprehensive plan for your cannabis business that includes narratives about your business and its owners, a detailed breakdown of startup costs, financial projections, standard operating procedures, and more.
We understand the importance of a well-crafted business plan and are dedicated to ensuring that yours stands out and sets your business up for success.
MUNICIPAL LOBBYING
Whether you are a new operator petitioning a city to opt-in for cannabis or an existing operator seeking specific regulatory changes, Midwestern Canna offers specialized municipal lobbying services to fit all needs.
Our expert consultants have extensive experience navigating the complex regulations and political landscape of the cannabis industry, and we can help your business succeed in the municipal arena. With our guidance, you can gain a competitive edge and secure the approvals and permits you need to operate in your target city.
MARKET RESEARCH
The cannabis industry has evolved significantly over the years, and the opportunities and risks involved have changed accordingly. In the early days, the industry was seen as a vast frontier with unlimited potential and minimal risk. However, as the industry has grown, many local markets have become saturated, and the opportunities have become increasingly limited. This risk and uncertainty make it challenging for entities to decide on the right license type and market to pursue.
Midwestern Canna understands the complexities of the cannabis industry, and we are here to help you navigate this landscape. Our team of experts uses our vast market databases and close working relationships with municipal officials to gather valuable information about licensing potential, market saturation, and current and future trends. We then compile this information into a comprehensive market report, providing you with the insight you need to make informed decisions and protect your investment.
