Starting a marijuana business is a whole different process than that of a regular business. The costs of starting a marijuana business are huge and the rules and regulations are very strict as compared to regular industries. It is important to have a professional team, hire consultants, search for financers and investors, and develop relationships with suppliers and other marijuana business because of the high costs associated with making marijuana applications.
As told by a number of experts, the number reason of application rejection is that someone from the team hid some personal information or past convictions. It is mandatory to submit all of the personal details when making marijuana applications due to illegality of marijuana federally. This is why you have to collect and submit all the personal information about your team to authorities. Also, they will conduct a background check to ensure that no information is wrong or hidden about any of the team members. If they find about it, the application will be rejected.
As you are the main applicant and you will be affected the most if application is rejected, it is important to have information about your partners and team members. If you don’t know them very well, you have to hire someone to investigate and make sure that they have a clean record.