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    List of Group Members: Ahmed Yousef

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    This document outlines a business plan for a proposed cannabis dispensary in Ontario near Western University. The dispensary would accept cryptocurrency for payments and have an on-site ATM. It would offer walk-in, drive-through, and delivery options. The plan estimates staffing needs of 7 workers including 2 security guards. An annual budget of $164,376 is projected to cover fixed, annual, and variable costs with $35,624 remaining. Challenges include establishing the business in a new industry and achieving cost-effectiveness compared to competitors.

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    Download as PPTX, PDF, TXT or read online from Scribd

    List of Group Members: Ahmed Yousef

    Uploaded by

    api-506443058
    60 views8 pages
    This document outlines a business plan for a proposed cannabis dispensary in Ontario near Western University. The dispensary would accept cryptocurrency for payments and have an on-site ATM. It would offer walk-in, drive-through, and delivery options. The plan estimates staffing needs of 7 workers including 2 security guards. An annual budget of $164,376 is projected to cover fixed, annual, and variable costs with $35,624 remaining. Challenges include establishing the business in a new industry and achieving cost-effectiveness compared to competitors.

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    This document outlines a business plan for a proposed cannabis dispensary in Ontario near Western University. The dispensary would accept cryptocurrency for payments and have an on-site ATM. It would offer walk-in, drive-through, and delivery options. The plan estimates staffing needs of 7 workers including 2 security guards. An annual budget of $164,376 is projected to cover fixed, annual, and variable costs with $35,624 remaining. Challenges include establishing the business in a new industry and achieving cost-effectiveness compared to competitors.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    60 views8 pages

    List of Group Members: Ahmed Yousef

    Uploaded by

    api-506443058
    This document outlines a business plan for a proposed cannabis dispensary in Ontario near Western University. The dispensary would accept cryptocurrency for payments and have an on-site ATM. It would offer walk-in, drive-through, and delivery options. The plan estimates staffing needs of 7 workers including 2 security guards. An annual budget of $164,376 is projected to cover fixed, annual, and variable costs with $35,624 remaining. Challenges include establishing the business in a new industry and achieving cost-effectiveness compared to competitors.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8

    List of group

    members
    AHMED YOUSEF
    Medical and recreational elevated
    quality cannabis dispensary

     To be in Ontario in vicinity of western university

     To accept crypto-currency and have an ATM for it too

     Walk-in, drive through and delivery options available


    Unique Selling Preposition?

     We do not just sell medical and recreational cannabis but we give

    an experience that is an insight of how the future would look like

    when we use cryptocurrency to pay for everything instead of just

    currency notes and credit cards.


    Staffing and Operation plan

     We would need about 7 workers including two security guards as

    required by the law.

     These workers would cost CAD$ 13,216 to be trained and

    prepared to get the delivery of cannabis from a whole-seller,

    package it and then sell it in walk-in, drive thru and deliver it.
    Marketing and Finance

     We will give out some free samples to influencers and students

    especially who have big social circles. CAD $ 5,000 has been kept

    for this in the budget

     Our fixed costs, annual costs and annual variable costs including

    stocking up , sum to 164,376 and rest of the left CAD $ 35,624

    would be in hand and bank for further need.


    Challenges to overcome

     It is a new industry and there are many entrants and leavers in

    the industry, it would be a little challenging in the start to sell our

    USP and get youngsters to try our products.

     Achieving cost effectiveness on other competitors is hard in the

    start, untapped audience will have to be identified.


    Learning outcomes?

     Studied the working of this industry for the first time in depth.

     Learned how to research about an industry that is new and has

    less readily available data than the already mainstream

    industries.

     Running even a small shop setup costs a lot more than we can
    Thank you, Any Questions?

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