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Re: Dickybad post# 73761

Sunday, 09/14/2014 12:52:22 PM

Sunday, September 14, 2014 12:52:22 PM

Post# of 290030
Nearly 60% of dispensary owners who responded to a recent industry survey said they take in $500,000 or less in annual revenues

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...