CANNAINVESTOR Magazine U.S. Privately Held April / May 2019 | Page 47

How difficult is it to receive a cultivation or dispensary license? How do I know what type of license I need?

It depends on the jurisdiction and license requirements. Adherence has supported more than 40 license wins in North America, so being a trusted advisor helps. Some states are easier, for example Colorado, and some states are far more difficult, for example Illinois. Obtaining advice and guidance from a trusted advisor, such as Adherence Compliance, is the first step. Adherence offers business templates to interested candidates to get started immediately. Interested parties should contact Adherence for next steps, as we can provide insight and guidance on license types, locations and estimated revenues.