As a native-owned business, DWH has supported tribes with their economic development objectives and portfolio management since 2017. Our team is experienced with integrating cannabis businesses with tribal practices while managing non-tribal operators who have not had exposure to tribal culture.
DWH is actively supporting Indian Country with the initial development, planning, and ongoing operations of cannabis facilities and retail dispensaries.
When it comes to cannabis entry, DWH can walk you through stakeholder alignment decisions and strategies with leadership, boards, staff, and your community. We provide education on the industry, reveal opportunities and risks, and can help in the process of selecting the right business model that suits you.
Creating an operational business plan is what we do best.
DWH is here to help you — from developing and managing the overall project plan to coordinating the legal and regulatory needs. We’ll even go over a cannabis facility plan with site selection in mind. Need support financing and investment capital sourcing? We’ve got you covered. Our advisors will work with you to develop the communication, engagement, and governance cadence needed between management and tribal leadership.
Tribal sovereignty advantages produce above-average financial returns in the cannabis industry such as…
• Elimination of state taxes
• Ability to excise tribal tax revenue
• Elimination of state application, license, and renewal fees
• Reduction of state tracking and regulatory compliance costs
• Land availability and speed to market
• Synergies with existing tribal portfolios (casino, gas station, c-store)
Source: Gallup, 2020 / Pew Research Center, 2020