I know this isn’t normal Future4200 talk, but I want to ask you guys this anyways because this board has some smart in the loop folks.
My partner and I are thinking of getting back into the retail space and putting up a licensed dispensary in SoCal. We have a good chunk of retail experience with 2 shops under out belt from 2014-2018(used prop 215 loophole). They were pretty successful and we think we can do a 3rd one even more successful. However, getting a recreational setup is very pricy.
Our main dilemma is, how will federal legalization affect dispensaries? We’re not looking to put one up for 2 years and sell it. We want to play the long game. However once federal legalization hits, what will happen to retail? Will anyone be allowed to sell? Such as liquor stores, smoke shops, CVS, Wal-Mart, 7-11, etc etc etc? Because that would kill dispensaries. Would make them obsolete. Sure some connoisseurs would still want to come in and smell and look at flower up close, but vast majority of folks wouldn’t mind one bit buying pre-packeged goods at their local gas station.
What’s everyone’s thoughts on this?