The legalization of cannabis has opened up a new and promising market for many businesses and organizations.
However, this market has not yet defined a convenient, affordable, and comprehensive system with which to network with and advertise to existent and potential players in the industry. This problem is reinforced by the large number of new entrants to the industry – including both startups and established companies looking to expand their profile.
Google, Facebook and Twitter all have advertising policies that restrict the promotion of the sale of cannabis. Google’s policy prohibits ads that promote “substances that alter mental state for the purpose of recreation.” Facebook restricts any “illegal, prescription, or recreational drugs.” And Twitter bans “illegal drugs” as well as substances that cause “legal highs.” Instagram and Facebook have decided to go a step further by removing pages of cannabis related businesses.
The source of this problem lies partly in the need for industry participants to navigate legal restrictions (including those related to advertising) and partly in the tendency of both principal industry members and ancillary providers to maintain a low profile. Hence, the industry is characterized by tighter networks who are likely not accessing the best possible deals for their operations or the clients in need of their products/services.
Cannabis Advertising Agency Business Plan
The Cannabis Advertising Agency Business Plan is an essential document if you own or are going own a cannabis advertising services agency. If you are interested in obtaining funding, the business plan is a vital document to have.
The Cannabis Advertising Agency Business Plan is prepared based on the existing knowledge of consultants regarding the Medical Marijuana Industry in general and is specific to State.
Table of Contents
EXECUTIVE SUMMARY
Project Scope
Market
Mission/Vision
Service Goals
Start-up Summary
Financial Projections
COMPANY DESCRIPTION
PROJECT SCOPE
Services
Objectives
Future Plans
Key Customers
MARKET OVERVIEW
Market Overview
Target Market
Problem/Solution
Competitors Analyses
Competitive Advantages
Cannabis Sector Projections and Perspectives
SWOT Analyses
STRATEGY & IMPLEMENTATION
Online Advertising Obstacles
Alternative Online Advertising Options
Marketing Plan
Cannabis Directories
Launching Strategy
Sales Forecast
OPERATIONAL PLAN
Website
Facilities
Location
Equipment
Legal Plan
Project Plan
ORGANISATIONAL STRUCTURE & MANAGEMENT
FINANCIAL PROJECTIONS
Profit & Loss Forecast
Cash Flow Statement
Balance Sheet
Main Ratios
Sensitivity Analyses
APPENDICES
Income Statements, monthly
Cash Flow Statements, monthly
Statistics
Please do not hesitate to contact us to make an order for a cannabis business plan or a cannabis industry research. We will create complete and professional business plans, including pro forma financials and projections to help you know how much money it’ll cost to start your business and how much money you can make by starting and operating your 100% legally compliant medical and recreational marijuana business.