The City of Bellflower is a growing economic Los Angeles suburb with a population of over 130,000 and growing 10% annually year after year. Recently, Bellflower passed a local ordinance which will allow for 12 licenses for dispensaries, cultivators and processors. Regardless of the type of canna-business, the application process and Business Development plan are the same. The city has agreed to review applications on a First-in/First-out basis. Start-ups and investors will need to work quickly to successfully navigate Bellflower’s regulations and approval procedures to ensure they become a leading candidate in the application process.
WRITE AN OPERATIONS PLAN To start, applicants will need to draft an Operations Plan for the City that outlines well thought out financial projections for both cost and revenue. Additionally, the Operation Plan must tell a compelling story about the specific business objectives, goals, and with the parameters which will guide safe operations. This will not as simple as a quick spread-sheet of high level estimates for overhead and sales. City plan submissions need a comprehensive investment and business operating strategy. Thorough Operating Plans include the following items:
APPLY FOR A CONDITIONAL USE PERMIT Next, businesses will apply for a Conditional Use Permit by submitting the Operations Plan for approval to the Building Official and Police Chief. Interested parties must submit a business permit application directly to the City. Then background checks will be performed on the principals of the company followed by a Conditional Use Permit application. BELLFLOWER APPLICATION SUBMISSION INFORMATION:
Once the application process is in flight, the appropriate vendors and operations model should be ready for execution. This includes the appropriate second and third-party partnerships, investor agreements, legal and financial management procedures ensuring they are all prepared to execute. PLAN EXECUTION Once approval is granted by the City of Bellflower, individuals can begin executing the Operations Plan. The execution of each phase can be delivered in increments and should include, but is not limited to:
CONCLUSION Bellflower is an up-and-coming suburban city in the county of Los Angeles and one of the few cities in LA County who are offering opportunities for investors and new business owners with 12 licenses being offered. Whether a dispensary, cultivator or processor, the planning, application, execution and application process is the same. While at the highest level the process may sound simple, applicants may run into a number of hurdles. It will be critical to follow all steps outlined by the city to ensure partnership and gain approval. Currently, the city has not published the application but you can expect it in the near future. In the meantime, you can call the City of Bellflower at (562) 804-1424, ext. 2207 to get more information. |