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The legal marijuana (or cannabis) industry has grown exponentially since California first legalized the herb for medical use in 1996. The legal marijuana industry offers numerous opportunities for entrepreneurs willing to wade through a complex and ever-changing web of laws and regulations.Opening a legal marijuana grow house or dispensary is more complicated than starting many other kinds of businesses, mainly because of the regulatory environment and its uncertainties. State laws tend to vary. The following factors should be considered before deciding whether the cannabis industry is right for you:Cost: Costs vary by location, state laws, and type of business. You will want to consider the costs of licensing, rent, utilities, equipment, supplies, marketing, security, and employees.Residency: Virtually all marijuana business licensees (and investors, in some cases) must be state residents. Colorado, for example, requires a two-year residency prior to getting a license.Criminal Record: Most states prohibit felons with drug crime (or violent crime) convictions from applying for a marijuana business license.Risk: The industry is very risky, due to its fledgling status and the ever-changing regulatory environment, but the rewards are potentially very high as well.Timing: Make sure you are willing and able to wait several months for a license. This can take between three and 10 months in California, but as long as 18 months in Washington.Investors and Partners: As with any other startup, you will need capital to get up and running; but keep in mind that some investors remain weary about investing in something that is still illegal under federal law. Most funding for marijuana ventures comes from private investors, not banks.Write a Business Plan: The business plan outlines your company's goals, startup costs, timelines and milestones, finances, and other key information. It will help you stay organized and on task, while also serving as a "resume" of sorts when seeking additional investors.Form Your Business Structure: You will need to form your business within the applicable legal and regulatory constraints and identity the company's partners before applying for a license.Obtain License(s): Waiting for approval of any applicable licenses typically takes several months, and this can get delayed even longer if you make mistakes in your application or business formation.Get Operational Infrastructure Up and Running: Once you have received all necessary licenses, you will need to implement the regulatory measures into your business, ensuring compliance (in accordance with the terms of your license application).Promote Your Business: There are a number of advertising forums (such as weekly tabloid-style newspapers) and online directories available for retailers. Cultivators and other wholesalers will want to consider advertising in trade journals and attending marijuana business trade shows.Starting a marijuana business is a serious undertaking that requires extra patience, dedication, and a keen understanding of the complex regulations and legal shifts involved. If you have additional questions or need legal assistance, consider speaking with a small business attorney with knowledge of the marijuana industry at LawTrades.

Yes.Not from BBMP.But from FSSAI.__________________________In Addition you require from BBMP, you require a Trade License__________________________The Chief Officer under the FSSAI in Karnataka is:Commissioner of Food Safety & Commissioner of Stamp & Inspector General of Registration, Sheshadri Road, Bangalore-560001Tel: 080-22354085, 22874039Fax: [email protected],[email protected],___________________________________WHAT IS FSSAI?The Food Safety and Standards Authority of India (FSSAI) is established under the food and safety standards 2006.FSSAI is governed by various ministries and department in order to handle food-related issues.FSSAI is mainly regulated under Food Safety and Standards Act, 2006.FSSAI stands for Food Safety and Standard Authority of India.Every food business requires a license from the authority to conduct the business activity.It is mandatory for all manufacturing units, distribution unit and also for restaurants, street food vendors.It is applicable irrespective of the turnover of the business.Every small, medium and large-scale operator need to apply for the license.The food operators engage in the business should obtain the 14-digit registration or license number printed on the package of the product.FSSAI has been implemented by Ministry of Health and Family Welfare, Government of India.The Chairperson and Chief Executive Officer are the key people to look after the working for FSSAI Department.Currently, Mr. Ashish Bahuguna is the Chairperson and Mr. Pawan Kumar Agrawal is the Chief Executive Officer for FSSAI.The FSSAI has its headquarters at New Delhi.The FSSAI also has 6 provincial offices located in Delhi, Guwahati, Mumbai, Kolkata, Cochin, and Chennai._________________________HOW TO GET FSSAI REGISTRATION IN BANGALORE?Registration Fees for FSSAI License in Bangalore:FSSAI REGISTRATION: Rs.100/- Per YearFSSAI STATE LICENSE: Rs. 2000-5000/- Per YearFSSAI CENTRAL LICENSE: Rs. 7500/- Per YearHOW TO APPLY FOR FSSAI REGISTRATION IN BANGALORE?o Visit FSSAI Website of Karnataka and click on sign up available at the right side of the page.o All the Food Business operator need to provide a unique email address and mobile number.o Input a unique username for FSSAI Registration in Bangalore and fill the details to complete the sign-upo An account is created once the sign-up process is completed and the user gets a notification via email and SMSo The user id is valid for 30 days, hence the details has to be filled before it gets expiredo After log into the account fill the details of the online application form and submit it.o The application has to be made in FORM B for FSSAI Licence.o The application should be filed with self-declaration, affidavit, and annexure as applicable.o On successful filling of details, the system will generate a Unique Reference Id.o After the procedure is over, take print out of the application form and acknowledgment and attach the demand draft of the fees with supporting documentso The application needs to be submitted to state authority or regional office of Food Safety and Standards Authority of India, within 15 days from submission of application.o With the help of the Unique Reference Id, the operator can keep track of the application.o The Authority scrutinize the documents and approves the application.o A 14 digit FSSAI Registration number is provided by the Authority which consists information about the manufacturer and their state.o The license is granted for a period of 1 to 5 years which needs to be mentioned at an early stage of application.o The license can be renewed after the expiry of the term.o The application for renewal should be made before 30 days prior to the expiry of the FSSAI license._____________________________You will have to comply with following:MUNICIPAL LAWS WITH RESPECT TO YOUR SHOP - is your shop operating out of a notified commercial property?SHOPS AND ESTABLISHMENT ACT - Have you obtained registration under the State Shops and Commercial Establishments Act?FOOD SAFETY AND STANDARDS ACT, 2006 and Rules thereunder.LEGAL METROLOGY ACT AND PACKAGED COMMODITIES RULES - dealing with weights and measures and disclosures on packaged foods.FIRE SAFETY LAWS.POLLUTION CONTROL AND WASTE TREATMENT AND DISPOSAL REQUIREMENTS.GOODS AND SERVICES TAX LAWS.LABOUR LAWS - applicability will depend upon the number of employees engaged by you.

Ya, There can be possibility of declining only if you are not meet the eligibility criteria and documents required for loan.Lenders look for many criteria before sanctioning any loan for its customers. Few never missed factors are here.Age Criteria: The younger you are, there is more probability. General guideline followed by most banks for personal loan for salaried employees is they must be between 21 to 60 years aged. However for self-employed it is between 25 to 65 years.Employment Stability: This is a very crucial aspect for personal loan consideration. Unless you are salaried and employed for more than 2 years in the current profession or if self-employed minimum 5 years of total tenure of earnings, you will not be considered as eligible.Credit Rating: Apart from your company’s performance, individual credit rating holds a lot of value. Having good credit rating increases the probability of getting loan with more flexible option on tenure, amount, EMI and interest rates. In case of any default payment records, huge outstanding loan, fraudulent track records, the banks has every right to cancel the loan or charge higher interest rate.Financial Situation: It’s not always about the present, the past financial records will also have a great call on deciding whether you are eligible for a personal loan or not. Having good financial records is the key, will eradicate rating issues and will increase the total amount eligibility.Employer: The employer with whom the applicant is working with is the best way to gauge the credibility of the applicant. Being a part of reputed and high turnover companies is an asset when it comes to applying for personal loan.Here is the list of common documents that should be submitted irrespective of which bank you are applying and where you are located.Complete loan application form with one passport size photograph.Valid Proof of Applicant's Identity: Voter ID card, passport, pan cad, driving license.Proof of Residence: Ration card, passport and utility bill.Proof of Age: Voter ID card, passport, pan cad, driving license.Financial Documents:a. Salaried Individuals: Latest 3 months’ Salary Slips and Form 16, bank statements for 6 monthb. Self Employed Individuals: Latest 1 year bank statement for both savings and current account