[rongillispei]

This is the kind of thing that's going to create some disconnect between the "legit" companies with a long term plan....which in this case (brand new industry) has real legs ...I'm from Canada and currently in the initial stages of applying for HC liscense......therefore I keep up on most companies both in the US & Canada.....My background is finance / financial statement analysis.....and all I can say is SHIT there is going to be a lot of these "big players" crashing down!!!! This example isn't the exception to the rule.....rather it's the rule!!!

https://www.forbes.com/sites/nathanva...a-little-high/

[bigbag]

maybe just stick with spuds instead of buds ?

[icdog]

Get to 50 posts so we can pm or pm me.

[SirStynkalot]

Well, without saying too much I'll tell you right now there are reasons for a lot of the methods that increase your overhead. It's hard to design a grow operation without knowing how to grow.

The most important thing for your company is going to be your first hire. You'll want a grower and you'll want to listen to them when it comes to the designing and planning stages. A lot of what they're going to recommend is going to be very expensive. I've had a couple people I know find jobs through advertising - grower advertising usually involves putting pictures in magazines like Skunk or High Times or by repping their internet forum of choice. Looking at those places will get you some names to choose from, but it won't tell you nearly as much about their growing skills as you'll need to make a good hire.

with 1.5m I take it you're planning on about a 10-15,000 square foot building? I'm guessing you'll need at least 10 NEW employees to get that going, and that's assuming 8 of 10 are experienced in the grow industry, one has a PhD in Chemistry, and one's a CPA. Could be a lot more depending on how good they are at what they do. Some of the locals around here were talking about needing 40 people for a building that size.

I'll just say you guys have a lot more balls than I do. These plants are delicate if you're trying to produce top quality product. If you find someone, ask them for a representative sample of their work and get it tested at a lab. See if they can do what you want quality wise on a small scale first. But even then you will run into a ton of problems specific to the scale you're working at. Rather than looking at how much you think you can make in the new year, you should be working out how you're going to get through one year of business. That's not going to happen if you can't get high quality crops off regularly and efficiently.

Finally, you're talking about tanking the price to consumer in years to come. I think once you get involved in the business for a while you'll figure out why that's not feasible without KILLING product quality.

For reference, I'm looking at starting a related business as well, but I'm estimating running costs for us are going to be $600 per pound minimum. Could be up to $1000 per pound depending on the dialing process. That's from an experienced small scale grower's perspective (because who else will you find to work for you with a clean record) with interest free financing and very cheap power. Once you get further into your licensing process you're going to butt up against another two dozen running expenses specific to the new industry... and that's before every contractor tries to cheat you. I'd be REEEEALLY careful about pitching your projections (or money guesses as I like to call them) to growers who may have the means to double check them. Anyone YOU want to hire can and probably will verify them and won't work for you if you're expecting them to spin gold out of flax.

FWIW I don't think the cost of production's going to go down much. The government's just going to keep eating our margins until we spend 500 to make a pound and sell it for 550 after taxes. I'm betting they jack the taxes incrementally over the next decade until the industry standard is comparable to other vice industries... which will still be nice for an established business, even if it's a fraction of current values. I doubt the cost to consumer will change though. That comes out of big brother's pocket. We'll see.

[yortbogey]

Originally Posted by HUGE

Dont worry OP I am just as confused as you. Yortbogey I mean no offence but you should have a mod meeting with payaso and figure out what exactly is and isn't allowed.

YES, agreed...WE have, thats why this forum now exist...
for idea's, and input just like this...

believe me... we monitor all the vendor's and legit bizniz endeavors...
if they don't meet the icmag guidelines as per {skip}... then they wouldn't be here active and posting...

[RubeGoldberg]

Being in the industry and seeing how a few of the other MMPR companies have so far made mistakes.

My biggest suggestion is watch out for Big talking jamokes who were poorly running big chicken barns on MMAR licences. 95% of the people approaching you to advise on growing techniques will be this type of person.

If you can, import somebody from Switzerland who was doing largescale in the late 90s, early 2000's while it was semi legal there to do that.

They have been some of the best at scaling Cannabis to a Macro level of production.


So far I've seen big big MMPR licencees like Tweed using growing techniques as if they were a jean jacket wearing hillbilly from Prince George.


Seriously though, watch out for the "grow experts"

[SirStynkalot]

Yeah I was thinking the same thing. If you need a grower you want to contact them. You don't want them responding to your ads. Sorry if that wasn't clear. Different methods and equipment are more popular in different areas so if you have a method you're thinking about then you may want to narrow your search by geographic region that way.

[Dr. Buddington]

Originally Posted by RubeGoldberg

Being in the industry and seeing how a few of the other MMPR companies have so far made mistakes.

My biggest suggestion is watch out for Big talking jamokes who were poorly running big chicken barns on MMAR licences. 95% of the people approaching you to advise on growing techniques will be this type of person.

If you can, import somebody from Switzerland who was doing largescale in the late 90s, early 2000's while it was semi legal there to do that.

They have been some of the best at scaling Cannabis to a Macro level of production.


So far I've seen big big MMPR licencees like Tweed using growing techniques as if they were a jean jacket wearing hillbilly from Prince George.


Seriously though, watch out for the "grow experts"

So just how many big talking jamokes with converted chicken barns are out there? You mean I'm not alone?!
Seriously though, I'd say finding a Swiss expert to fit the bill for a large scale LP would be more than problematic. There are plenty of Canadian experts, no sense bringing in foreign workers unless they are simply hands. I bet those hands won't be Dutch, lol.

[rongillispei]

I think there is too. If you were to add an agrologist, together they make the best 1 person, plus they would feed off one another... continually learning and in turn providing higher standards

[Dr. Buddington]

Ron, which province are you located in?
Edit: I may have something to offer you. However I'm willing to communicate on a personal level only. Let me know if you and your business partner are able to travel in order to discuss this matter. If you are able to comply I will post a disposable number that you may reach me at. Any business related discussions would have to take place on an inter-personal level.