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New Cannabis Business

theclearspot

Active member
If you were starting a Cannabis related business what would it be? Seedbank? Seems to be loads of seedbanks exhibiting at Spannabis. Is the Cannabis market expanding, what opportunities are there? Im just looking for ideas tbh, but I have an idea of a surrogate grow firm which grows plants legally for people who cannot grow themselves....Love to hear from business minded Icmagers with their thoughts on these questions...?:thank you:
 
Sounds kinda like what caretakers do in medical states, no? Another thing to think about when it comes to the surrogate grow, what do you do when 20 different clients want 20 different strains? Seems like a lot of hassle to try to dial each and every one of those strains in. As we all know efficiency is a big part of maintaining a successful business and that does not seem too efficient to me. Just something to think about.
 
There are several industries related to growing cannabis. One could become a builder of very efficient grow rooms for clients. One could consult on grow practices and act as a trouble shooter in grow rooms. One could get into insuring against crop failure. I believe the possibilities are endless
 
Yeah, I think grow room building is a good business to get into. Not everyone is comfortable running wire/building walls, nor does everyone know exactly what will be needed for a given setup. If I lived in a medical/recreational state, this is what I would do.
 

stasis

Registered Non-Conformist
Veteran
Your idea was tried in Michigan. It did not work out.. At the time. Dude rented out rooms in one warehouse. 16 rooms. With equipment installed, and grew for the patients. Feds shut him down. He got through 1.5 runs.
 
Here in the SF Bay Area I regularly see adds on Craigslist for carpenters/electricians willing to build your room.
Even in this market contractors licensed or not still aren't cheap. Best bet is to learn to do it yourself & I'm not talking about a class at Home Depot, but it might be ok for just the basics.
Cheers:biggrin:
 
I

im me

Well considering that pots legal in Colorado and Washington I would be preparing to open a store that caters to Med patients as well as the recreational smoker. I would sell full range of product from weed , seeds, clones, as well as hash and oils. I would also carry full range of grow equipment.
 

jocat

Active member
At this point i still see a conflict....ya the damn feds. they will continue to fuck with some, hell craigslist portland has almost 300 listings under ommp for sale, crazy shit, i would bet all those sellers are under 30. i really love it and it will push the cart right over the cliff eventually. if you have the risk gene there's lot's of job opportunity out there.
 

yerboyblue

Member
At this point i still see a conflict....ya the damn feds. they will continue to fuck with some, hell craigslist portland has almost 300 listings under ommp for sale, crazy shit, i would bet all those sellers are under 30. i really love it and it will push the cart right over the cliff eventually. if you have the risk gene there's lot's of job opportunity out there.

I always get a kick out of that, like, "You live in Portland and have to advertise on Craigslist?!" Must be OD from 2011.
 

yerboyblue

Member
If you were starting a Cannabis related business what would it be? Seedbank? Seems to be loads of seedbanks exhibiting at Spannabis. Is the Cannabis market expanding, what opportunities are there? Im just looking for ideas tbh, but I have an idea of a surrogate grow firm which grows plants legally for people who cannot grow themselves....Love to hear from business minded Icmagers with their thoughts on these questions...?:thank you:
If you bought a bunch of seeds from the Boo and Bay, marked them up like 10-15%, and then accepted credit cards, you would have me as a customer. :biggrin:
 

jayaregee

Member
I do Graphic Design, been doing it since i was in H.S. in 96. I actually do alot of work for MMJ business's here in So Cal. Last Client was a Shop up in the High desert, for whom I did Logo, business cards, 4-20 extravaganja poster, several misc posters, and an 8 page members handbook.
 

2 Legal Co

Active member
Veteran
So far, at least in Colo., the only apparent business that seems to be ongoing. Is the Grower's supply store. Well I guess we could add 'smoke shop' to that one, as well.

The Dispensaries are dong well at the moment, but they have to grow a certain percentage of the product they sell. Kind of like the 'farmer' has to also own and operate a grocery store?.... 'farmer's market'. Now that we've passed the 'recreational use' (Amendment 64), what will the future of the Large Grow/Dispensaries look like. Also there is supposedly a Large amount of dollars involved for licensing, security, etc...

If you are selling lights, pumps, controllers, etc,, the permitting would be much less. A simple sales tax form only?

If, and that's a big IF, we are allowed to 'grow your own', for personal use. The 'Grow Store' is still needed. As is the Smoke Shop, i.e. glass, papers, pipes, vaporizers. etc. All of which are consumables... after a fashion anyway. I think this spectrum makes the most business sense, long term, because of the probability that the market may/will change drastically, in the near future. And NO one seems to have a crystal ball that isn't clouded.

JM$.02, and probably worth the paper it's not printed on!
 

medmaker420

The Aardvarks LED Grow Show
Veteran
bulk organic super soil supplier

I think there is plenty of market left in the organic soil mix market that has a HUGE amount of new customers daily as many growers start with soil soil less compared to hydro.

With the much larger organic soil push and being able to give it nothing but water and then feed later with amendments like teas ( which could also be produced ) and it being all organic etc.

I would obviously name it something other than super soil BUT fox farms needs some competition as does many of the big box grow suppliers.
 

yerboyblue

Member
bulk organic super soil supplier

I think there is plenty of market left in the organic soil mix market that has a HUGE amount of new customers daily as many growers start with soil soil less compared to hydro.

With the much larger organic soil push and being able to give it nothing but water and then feed later with amendments like teas ( which could also be produced ) and it being all organic etc.

I would obviously name it something other than super soil BUT fox farms needs some competition as does many of the big box grow suppliers.

We have a company called Roots Organics out here that does just that. They also make fertilizers, organic and synthetic. They price the soil a little cheaper than competitors, and the nutes on par or just a little less. Sells like hot cakes. They stopped making other stuff and dedicate the whole factory to nutes and soil. They used to make ballasts (that were/are the shit! I bought used ones years ago that still run strong) but stopped.
 
Yeah, I think grow room building is a good business to get into. Not everyone is comfortable running wire/building walls, nor does everyone know exactly what will be needed for a given setup. If I lived in a medical/recreational state, this is what I would do.

Construction/reconstruction is a good business to be in & easily started with a minimum outlay of cash but very cutthroat & recession sensitive.

The time will come when the states will issue
licenses solely for growroom building. Anything to grow government bigger & pick up those additional license fees:biggrin:

I can see contractors building growrooms as a profitable sideline, but for now getting enough clients in one local area to sustain a business is going to be a tough nut to crack.

The secret to a profitable construction business is to be very large or very small. Most of the residential competition is in the middle at jobs of 20K to $100K

The industry as a whole started to change in the 50's when it took 10 years to become a real carpenter. Most residential apprentices learned to build from the ground up, picking up all of the skills along the way. Now everything is specialized & everyone is a specialist & stick building is quickly becoming a thing of the past.
 
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