This paper is on Marijuana dispensaries and some of the unique issues they face. It will talk about the unique challenges of inventory. It will discuss how the inventory is controlled and how it is secured. It will also discuss some regulatory issues the dispensaries might face. Finally, this paper will discuss some legal challenges that the dispensaries face.
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Colorado is very unique in that Marijuana has been legalized for medicinal purposes. In 2000, the people of Colorado passed Amendment 20 which established a Medical Marijuana Registry. Although it has been legalized there are very strict rules that must be followed because breaking certain rules is still a federal offense. Ultimately, medicinal Marijuana is regulated by the ATF. In Colorado anyone can use Marijuana for medicinal purposes as long as they posses a medical Marijuana card and buy the marijuana from a medical dispensary. The Colorado Department of Health and Environment approves all applications and keep records of those registered to use medical Marijuana. The Colorado Department of Revenue is responsible for establishing the criteria for approval of existing and new dispensaries. .
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Marijuana comes in many different types or strains. Depending on what potency, taste or duration of the effects you desire there is a strain for everyone. Most dispensaries stock several different strains. Marijuana is a plant so keeping certain strains in stock can be challenging. If there is a strain that everyone loves the ability to keep it in stock becomes harder but at the same time the price goes up. Another consideration is that the state and ATF only allow dispensaries to keep a specific amount, usually dictated by weight, in stock. Marijuana is sold by weight, grams, ounces and pounds for example. Dispensaries are very careful to be extremely accurate with inventories kept on hand and amounts sold. The state regularly audits the records of the dispensaries to ensure accuracy.
