Business Plan
Prepared by: Lafayette Temple
At CAN-I-BUS INDUSTRIES offices at
3969 11th St. South Moorhead, Minnesota 56560-5656
Business Number 6126015091
Business Email:
I. EXECUTIVE SUMMARY
CAN-I-BUS INDUSTRIES (referred to from here on in as "CIBI") is an established Domestic Limited Liability Company located at:
3969 11th St. South
Moorhead, Minnesota 56560-5656 the USA
Potential for rapid expansion in the cannabis industry. CIBI expects to meet and exceed projected earnings for the remaining 2022 and 2023 years. Solicits financial backing to be able to introduce its new service (described below).
Business Description:
CIBI has been formed as a Domestic Limited Liability Company under Minnesota Statute, Chapter: 322C and headed by Founders Lafayette Temple Karen R. Lowery.
Mr. Temple has an extensive background in Security Services, Professional Communications, and Law Enforcement, in addition to Training and Recruiting new Public Safety Officers.
Ms. Lowery has an extensive background in law and the medical Insurance field.
Education/Experience:
Lafayette studied Law Enforcement at Normandale Community College in Bloomington, Minnesota, and went on to further his education in Police Science at St. Mary's University in Minneapolis, Minnesota.
Mr. Temple has many years of experience in Law Enforcement, including investigations, Patrol Officer, Recruiting, and Field Training Officer. During his time in Law Enforcement, he gained valuable leadership and Supervisory Skills as a Captain, with a Police Chief being the highest role of Supervisor.
Mr. Temple spent many years serving the many communities in Minnesota with the privilege each year through collaborative work with hundreds of other officers working the Minnesota State Fair, better known as the Great Minnesota Get-Together.
Karen has an extensive background in law and medical insurance. She studied law at St. Thomas in St. Paul, Minnesota. Having worked in one of Minnesota's most prominent law firms, Karen took that gained knowledge and furthered her work experience, focusing on areas where she would be able to make a qualified decision regarding the welfare of others.
Ms. Lowery's passion for assisting other gave rise to an opportunity where she has been able to help the general public in the medical insurance field, dealing with medical leave.
This very leadership, detailed-oriented team player, communication and professional skills, and experience have served in her success to date.
Business Mission:
"To provide safe, royalty style, 24/7 Cannabis purchasing on wheels."
New Service:
CIBI is prepared to introduce the following service to the general public cannabis purchasing industry:
CIBI's goal is to work diligently always to provide the freshest, purest, safest cannabis products for sale to the general public through the use of Automobiles, i.e., Transit Vans, and eventually coach-style buses.
CIBI will introduce the world to the first Public Cannabis Store on wheels... Our vision to be the best is the primary focus, and we aim to be incomparable to any copycat automobile cannabis store.
Model Phase:
In no particular order after number 2.
1. Introduction. Starting our service in the most cost-effective new cannabis business-friendly state."
2. Expand services to the many cities of each state CIBI operates.
3. Implement restructured Bullet Proof Armored Buses.
4. Become 80% Electric within ten years.
5. Open our Own Cannabis growing facilities
Funding Request:
CIBI is looking to establish a business line of credit, Investments, or loans to help grow and expand up to and beyond One Million Dollars. The assistance will be used for the following purposes:
All LOCs, Investments, or loans will be used to purchase, lease, buy, advertise, and market our business and aid in expansion.
CIBI will recruit a uniquely qualified, professional, and enthusiastic team of:
1. Employment Recruiters,
2. Trainers,
3. Expansion Marketers,
4. Business Recruiters,
5. Community Research Developers,
6. Human Resources,
7. Legal Team.
Purpose____________________________________________________________Loan Amount
Marketing $50,000.00
Staffing $300,000.00
Travel/Lodging $50,000.00
Office Equipment/Supplies $150,000.00
Down Payment Office Building/Training Tools $100,000.00
Transportation Fleet/Maintenance/Fuel $300,000.00
Community Research $50,000.00
CIBI expects to turn a profit within the first six months following the introduction of our First Day of Service.
II. BUSINESS SUMMARY
Industry Overview:
CIBI research shows that consumers in the Cannabis industry primarily focus on the following factors when purchasing and selling specific products:
· Edibles/Beverages contain THC.
· Cannabis Wholesalers and Distributors
· Cannabis Consumer Complaints
· Safest cannabis brands in all forms
· Medical Cannabis Wholesalers and Distributors
· Operational geographics and needs
· Local cannabis sales pricing and state guidelines.…
More than enough statistical information is compiled and populated by hundreds of professional agencies who specialize in monitoring the above-mentioned Focal Factors. CIBI shall not be limited in its success or expansion ability when based on the Federal statistics and the market size of Cannabis consumers.
In America, the Cannabis Industry reportedly spent nearly $25 billion on cannabis products in 2021. The budding industry expanded by about 30 plus percent, adding more than 110,000 new jobs to the American economy. CIBI expects to increase employment opportunities in each state of operation significantly.
Suppose consideration was to be given to the final numbers of cannabis sales legally or illegally; that number more than doubles in America. Therefore, CIBI sales, earnings, and profit potential are only restricted by each state's governing rules.
What States are spending on cannabis:
Although police and corrections budgets or expenditures vary by state population and density, As of July 2022
Cannabis sales in America increased by 40% in 2021. Globally, cannabis sales will increase to around 30 Billion Dollars in 2021. We can safely project an increase in those figures as more and more states are legalizing the sale, growth, and purchase of cannabis in all its form. The flower has been the go-to cannabis product, but consumer consumption is rapidly expanding.
The illustration on the next page is from DISA Solutions:
https://disa.com/map-of-marijuana-legality-by-state
Business Goals and Objectives:
Short Term:
Establish CAN-I-BUS INDUSTRIES as the premier standard and Elite cannabis store on wheels. Over the next five years, CIBI expects to operate within three fully legalized and three partially legal states.
Long Term:
CIBI founders expect to meet and exceed our target Five-year short-term goals. In addition to those goals, within Ten years, we would like to be utilized in 50% of the American States. CIBI shall serve to expand to eventually operate in all 50 states serving Central, Mid-West, East & West Coast. One of our main focus long-term outsides on establishing our service, and growth, will be to have statistically lowered unemployment on a national level.
Legal Issues:
CIBI affirms that its promoters and legal teams will have acquired all legally required trademarks, patents, licenses, insurances, and other unmentioned requirements.
III. MARKETING SUMMARY
Target Markets:
CIBI's principal target markets are as follows:
Client Target is general public-based cannabis consumers while encompassing Community Marketed feedback and needs-based driven service as we expand.
The estimated number of potential clients within CIBI's geographic location is the 3,000,000.00 population in America.
Pricing Strategy:
CIBI has completed a thorough analysis of its competitors' pricing. Keeping in mind our competition's pricing and the costs of customer acquisition, we have decided on the following pricing strategy:
The following illustration was found at:
Following the pricing as laid out in the upper illustration, CIBI will be offering its prices to align with the average cost of each state, with the primary goal of keeping our prices competitive but affordable to all consumers, no matter their budget.
Promotional Strategy:
CIBI will promote sales using the following methods:
Our plan to Market our Services is through:
Business Model Proposals
Online Marketing, social media,
Media outlets (radio, News), Business meetings,
word of mouth, and direct mailings.
SWOT Analysis:
Strengths:
Our Business Strength is contributed to the outstanding Team that dedicates their tireless desire to offer the most exceptional buying experience to our consumer base by establishing the very first cannabis store on wheels. This revolutionary business model is the first of its kind, branding CAN-I-BUS INDUSTRIES as the father of future cannabis stores on wheels. Number one is CAN-I-BUS INDUSTRIES' most valuable strength.
Weaknesses:
CIBI foresees starting capital as the weakness of the beginning phase of CIBI.
Opportunities:
The opportunities available for our service will be the driving force we seek to grow continuously, but never too fast to damage or neglect our goals and mission. The opportunities appear endless for the CIBI, and we will seize every opportunity to be a Pillar of Strength, Development, and Solution for consumers with limited purchasing options and locations.
Threats:
The potential Foreseen threat can be any number of unidentifiable issues. The key for us will be how we handle any identified threat. The potential for an identifiable danger now is a copycat agency with unlimited financial backing taking the business idea of CAN-I-BUS INDUSTRIES and attempting to launch before us.
Competition:
In the cannabis industry, customers make choices based on their living circumstances, such as the availability, affordability, and accessibility. of the products. The current competition is not mobile, so equal competition is not identifiable as this Ju.