"Commercial Consultants" - gather round, it's time to swap stories

[jd4083]

Surprised I didn't find anything about this in the search, might have missed it. Hope I'm not breaking any rules in asking this, but to be safe I'll tread lightly.

For those of you who can claim the title and (preferably) live in non-med states...I'd love to hear how others handle the basics of the decidedly uncommon consulting gig of running a commercial operation. What steps do you take to keep your hands clean? Anyone use "code-worded" contracts that are still legally viable without being incriminating?

I do "real" consulting for start-ups IRL as well, and while there are certainly major parallels in all industries, the first couple of times I "branched out" really threw me for a loop. Anyone comfortable enough to share a bit on this subject?

Like I said, sorry if I'm breaking a rule....

 

[2stoge]

Commercial Cunsultants? Pardon my ignorance, but what is that exactly?

 

[mdk ktm]

+1

 

[jd4083]

Commercial Cunsultants? Pardon my ignorance, but what is that exactly?

Just like it sounds...providing consulting services for investors with the money and the location but not the knowledge or experience to implement an operation themselves. I can think of a couple members who I would love to swing by the thread if they're still around you know who you are

 

[joe fresh]

i dont understand exactly what your question is?...

are you asking about how much to charge for consulting?

or how to make your money legal?

or how to do the actual consulting without getting your name up in the mix??


sorry but i do understand what you are talking bout, but i just dont understand what your questions are....

 

[jd4083]

i dont understand exactly what your question is?...

are you asking about how much to charge for consulting?

or how to make your money legal?

or how to do the actual consulting without getting your name up in the mix??


sorry but i do understand what you are talking bout, but i just dont understand what your questions are....

The 1st and the 3rd would be the closest thing to what I'm asking.

I have my methods like we all do, which I feel are pretty safe and effective... I'm just curious how others go about it, especially in areas of the country that still have some archaic, absurd laws regarding cannabis. Always looking to learn something new from those with more experience than me, of which there are surely many.

 

[mdk ktm]

Hes talking about finding someone to bankroll the grow. I remember a guy...... 30,000 watts or something and it really didn't work out for him. The bad part of using investors money on a major grow is the illegal part. Also if you kill the crop, or get raided. People get killed over shit like that, don't fuck with peoples money. I would like to hear peoples experiences with it though.

Or are you saying not telling them you are going to grow? And still get the money?

Hopefully some people come in here and drop some knowledge, I am interested.

 

[Mr Pink]

Hype is what it's about right? Consulting for illegal activities is dumb, and honestly any wannabe criminal who hires consultants deserves the ass kicking he'll get.

 

[joe fresh]

The 1st and the 3rd would be the closest thing to what I'm asking.

I have my methods like we all do, which I feel are pretty safe and effective... I'm just curious how others go about it, especially in areas of the country that still have some archaic, absurd laws regarding cannabis. Always looking to learn something new from those with more experience than me, of which there are surely many.

well what i do is get an investor, he puts up the money, for example, he puts up 50k, first harvest we get 60k in sales, he gets his 50k back, and we split the rest. from here on out we are 50/50, his name is safe, but mine is on the lease(i know the owner...its a fake lease because they dont want to claim it on their taxes...)...but this is more of a full partnership, rather than investors



thos correct way to do it is....


-investors put up 100% of money(including startup and ongoing costs)

-they deal with all legal aspects(building lease, electricity bills...ect)

-you either hire a close friend you can teach and pay them accordingly, or do the work yourself(you would have to go to the grow)

-charge 10-15% of total profit for every # sold


basicly the biz and all legal stuff comes from the investors, because it is their buisness, they put up all $$ for their business, all you do is take care of the crop and charge either a % take, or a weekly salery, or and hourly wage(i think you get fucked either way with an hourly wage...)

Hype is what it's about right? Consulting for illegal activities is dumb, and honestly any wannabe criminal who hires consultants deserves the ass kicking he'll get.

if you dont have anything positive to contribute then just leave

 

[jd4083]

Hes talking about finding someone to bankroll the grow. I remember a guy...... 30,000 watts or something and it really didn't work out for him. The bad part of using investors money on a major grow is the illegal part. Also if you kill the crop, or get raided. People get killed over shit like that, don't fuck with peoples money. I would like to hear peoples experiences with it though.

Or are you saying not telling them you are going to grow? And still get the money?

Hopefully some people come in here and drop some knowledge, I am interested.

I'll give you an example, my most recent consulting gig that was finalized today. It's a 5kw bare bulb vert stadium in auto-watered coco. pretty bare bones setup, but it all but guarantees 2 per light with the right strain (in this case, old school huge yielding cuts of SS AK47 + WR).

In this case, the gentleman is a longtime, successful business owner who also happens to be a head who is very disappointed with the state of commercial herb available on the local market. The initial budget constraints he mentioned were set at $20,000, but I will not find ways to spend money if I do not need to, even if the client is throwing that money at me with reckless abandon. I cut that budget in half and still had plenty of breathing room, and I still get paid the same. I receive as a rule 10% of the initial budget in cash ($2000 in this case) up front which is mine to keep, and I am allotted 20% of the first crop wholly at my discretion at the end of that first cycle. At wholesale that's the equivalent of $10k total fee paid for my services (assuming the minimum 10lb yield). Additionally, I am allotted whatever remains from the initial budget at the end of the first cycle, excluding the $500 emergency fund built-in to the budget.

The property is paid-for and well-secured, and given the nature of the setup I will only be visiting a maximum of once weekly once they get flipped unless something goes wrong. The client in this case is proficient enough to manage the day-to-day operations that remain, and he is also responsible and security-conscious enough not to slip up, although I go out of my way to make that as close to impossible as I can. When all is said and done my hands stay the cleanest out of the 3 major players involved (i.e. the client/investor, myself, and the broker) and I like to think I have the best risk to reward ratio overall.

anybody else wanna share?

 

[jd4083]

Hype is what it's about right? Consulting for illegal activities is dumb, and honestly any wannabe criminal who hires consultants deserves the ass kicking he'll get.

By all means, continue to make a fool out of yourself.

 

[jd4083]

well what i do is get an investor, he puts up the money, for example, he puts up 50k, first harvest we get 60k in sales, he gets his 50k back, and we split the rest. from here on out we are 50/50, his name is safe, but mine is on the lease(i know the owner...its a fake lease because they dont want to claim it on their taxes...)...but this is more of a full partnership, rather than investors



thos correct way to do it is....


-investors put up 100% of money(including startup and ongoing costs)

-they deal with all legal aspects(building lease, electricity bills...ect)

-you either hire a close friend you can teach and pay them accordingly, or do the work yourself(you would have to go to the grow)

-charge 10-15% of total profit for every # sold


basicly the biz and all legal stuff comes from the investors, because it is their buisness, they put up all $$ for their business, all you do is take care of the crop and charge either a % take, or a weekly salery, or and hourly wage(i think you get fucked either way with an hourly wage...)

















if you dont have anything positive to contribute then just leave

We're on the same page I'd say Thanks for the insight bro.

 

[Mr Pink]

By all means, continue to make a fool out of yourself.

My pleasure bubba, have fun.

 

[Shcrews]

--if the investor is putting up all the money from start to finish, and you are doing all the work:

take 20-30% of the gross product/profit from first run

and 30-50% on any following runs

afterall you are doing all the work, and after the first grow all the startup costs have been recouped.


--if the investor has hired a worker, or is working the grow himself, then cut those %'s in half. your job is easy in this case, just supervise.

just make sure you get those 2lbs per light and this should work fine

 

[Rysam]

fuck working with someone else. IME it never ends good.

help him set-up(for a fee) get the ball rolling smooth(for a fee) and leave him be. go back in a few months and buy the equip. he stopped using because growing isn't for him.

I do something similar sort of with some family & friends, but I want no part of ruining a friendship over a bad grow.

 

[250wscrogger]

After I get my 5k grow running....I'll be buying equipment and setting up a 2400w room for one of my friends (at his house)...I will supervise him for the first 2 crops and make sure he learns everything he needs to know to keep the grow going smoothly....
I get half of the first crop to make my money back (plus a few grand profit) and then it's 100% his show....
I'm just doing this to help out a friend who has wanted to grow for years but never has the money to get the equipment....

 

[jd4083]

fuck working with someone else. IME it never ends good.

help him set-up(for a fee) get the ball rolling smooth(for a fee) and leave him be. go back in a few months and buy the equip. he stopped using because growing isn't for him.

I do something similar sort of with some family & friends, but I want no part of ruining a friendship over a bad grow.

Strictly a business deal, and I don't mix friends or family with business.

 

[junior_grower]

Legal contracts cannot be enforced if they involve a criminal activity. I have a flat rate free I get paid to build a set up a room, this fee guarantees a harvest of no less than 2lb/kw used. I receive further compensation in the form of cash or harvest share from anything above and beyond the 2lb/kw mark. I fell that I should only be paid based on how well it performs not just for setting it up. I have two med patients that paid the construction costs for their rooms and nothing else, I feel I was well compensated for my time and there medical so there is no risk in helping them.

 

[redspaghetti]

I think what the Op meant is not for your avg 10 - 20 lighters grow

More like 50 - 100 + lighters

I have helped and seen how it done,

They get pay a lot for just their knowledge alone,




If you think about it, a 100 lighters grow with out a good consultant will get 100 - 120 lb max first run, but with him its deff going to be 150 - 200 +

You only have to pay him once.

Once the crop is done, his job is done.

cheers,
red.