The sales data for this year also shows the importance of state regulation when it comes to having patient access and industry success. Although Metrc's implementation got delayed earlier this year, dispensaries are calling on OMMA to move ahead with it, as it'll help in combating the growth of illicit marijuana businesses, which are still thriving. Remember, 57% of owners surveyed said their gross sales were less than $500,000 per year; thats only enough to pay the owner a fraction of the half-a-mil that the top owners make. With a total of $1.3 billion in sales, the medical marijuana state was topped by adult-use states like Washington, Colorado, and California. A dispensary should not earn less than $500,000 per year in general. In fact, the cannabis business is a lucrative one in the United States. Only medical patients (or their caregiver) with a valid medical marijuana patient license can purchase goods from an Oklahoma dispensary. See what you can do and how you can improve upon what your competition is doing. A trend like this reveals that cannabis is becoming a more integral part of life for the younger generation of consumers. Unfortunately, all of these costs will reduce your overall dispensary profit, in-turn reducing a substantial amount of your yearly salary as a dispensary owner. Think about the market competition. However, most of them have never really looked into how much one of these dispensaries makes each year. A dispensary owner can make an annual salary of $200,000 - $2,750,000 depending on how well the store's sales perform. Compliance Checklist for First-time Dispensary Owners - Flowhub And naturally, being a dispensary owner is also a worthy endeavor. If you were an entrepreneur and managed to set everything upright, you could profit immensely from this excellent market. Furthermore, your cannabis business might grow its own marijuana indoors. Another 15% reported sales between $500,000 and $1 million.

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