Sunday, September 14, 2014 12:52:22 PM
http://mmjbusinessdaily.com/from-less-than-100k-to-millions-of-dollars-annual-marijuana-dispensary-revenues-run-the-gamut/
I suggest you be realistic on revenues....
18,000,000 in yearly revenue for one dispensary in Clark County means that one store needs 15000 patients to spend 1,000 a month to gross 18 million...
There is only 5000 MM card holders in the whole state....
Buts lets say 15,000 patients do spend 1,000 a month and the dispensary takes in 18 million...
DP says it will cost 35% of gross in expenses... thats 6.3 million
Now we have 11.7 million but remember this 800 POUND Gorilla....there is two investors that get app 40 to 60% of Profit.
So cut that 11.7 in half....
So under ideal circumtances revenue is 5.8 million...
Bottom line :Basil and Tomatoes will make more money than Marijuana...
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM