[habeeb]

Hi guys,

got funding for 2.5 mill, can get up to 3 if need be, but looking for info one some basic things:

-what is usual payback time, as in how long does each mill take to receive back in profit?

-maybe there is a simple count of light per pricing, but looking to see what is usual cost per lamp for the building construction, from my view point the highest asset is the building laying out correctly

-whats you point of view for state that has the best place to set down roots?

-the competitors, what is the usual competitor? huge investors, or small guys trying to make it big time?

-what is the usual layout of big investors, how many millions do they usual invest?

-has anyone looked into the future to see when flooding the market happens, and what will happen to all the businesses?

-thoughts off the top of the head how many lights 2.5 million is gonna do? I was thinking 200 as the building is going to be the main costs with plumbing, electrical, HVAC, and such.. and when I say this not some cheap shit put together ram shackle, something that would be featured in forbes for " professional operation" sorta build,,



I have some ideas to save money such as electric bills, but I am a closet grower wanting to go big, bu have to see how the investment side runs and if it is worthwhile to get into the game, love growing but never run something like this ever

thanks

[Tonygreen]

from closet to 2.5 mill grow,,, yowza good luck dude, sounds like you have some opportunity, hope ya get it figured out, stay safe.

[Boyd Crowder]

im subbed if nothing else to add

[siftedunity]

Originally Posted by habeeb

Hi guys,

got funding for 2.5 mill, can get up to 3 if need be, but looking for info one some basic things:

-what is usual payback time, as in how long does each mill take to receive back in profit?

-maybe there is a simple count of light per pricing, but looking to see what is usual cost per lamp for the building construction, from my view point the highest asset is the building laying out correctly

-whats you point of view for state that has the best place to set down roots?

-the competitors, what is the usual competitor? huge investors, or small guys trying to make it big time?

-what is the usual layout of big investors, how many millions do they usual invest?

-has anyone looked into the future to see when flooding the market happens, and what will happen to all the businesses?

-thoughts off the top of the head how many lights 2.5 million is gonna do? I was thinking 200 as the building is going to be the main costs with plumbing, electrical, HVAC, and such.. and when I say this not some cheap shit put together ram shackle, something that would be featured in forbes for " professional operation" sorta build,,



I have some ideas to save money such as electric bills, but I am a closet grower wanting to go big, but have to see how the investment side runs and if it is worthwhile to get into the game, love growing but never run something like this ever

thanks

the part in bold is what stands out for me most.

theres always a lot of threads like this, people who wanna start a massive op and seem not to know how. its kinda like wanting to be a professional football player then asking everyone where you should kick the ball.

best advice would be to work yourself up from a closet first, small steps.

[Weird]

Well to start you have to intellectually systemize what you do in such a way it can be scaled and labor delegated (which may find is not reasonable at some point).

If you expect to spend 7 + figures on something you are not familiar with you have a huge learning curve and will need to fill it via an adequate and worthwhile consultant who can create an operating environment and the procedures to run it that you will be able to manage.

Once you determine your operation and workflow requirements you can put together an adequate business plan, but imho at this point you don't even have proof of concept, i.e. can your capacities scale to perform relatively equal to how you perform now.

[Bwanabud]

I think your overall business education/experience/savvy are the largest assets/deficits in your success. Even experienced growers would have to understand the size/scope of expenses, and controlling inventory/labor/revenue to thrive. Most private small businesses go under in the first 5 years, and having minimal hands-on large scale growing skills will be 1 more straw on the camel's back.

You along with MANY others with money & political clout are jumping on the weed money train, only those with a sound marketing plan, good business plan..long & short term...have a chance. Then the thieves who steal your product come, then the CPA's that steal your money with business advice, then the Fed's since it's still a crime in the US, then the taxman...and hire security, you'll need that too. Insurance on the business and building will be difficult, and dealing with banks are a serious problem also.

Other than that, I'll be that "small guy" competing for your customers...actually I'll be taking most of them, because my overhead is lower..and I'll be tougher to "find" than you are

[hup234]

buy out 2016 ca outdoor grows>transport to nyc>profit

[Bwanabud]

Originally Posted by hup234

buy out 2016 ca outdoor grows>transport to nyc>profit

There is a big difference between starting a commercial grow house, then selling to local brokers,,,versus investing in product and shipping it across multiple state lines(Fed offense),,,then finding buyers in NY who can peddle your product, without just shooting you first..you have to make connections and street credit and reputation to take that task on intelligently

[Lester Beans]

Nothing ventured, nothing gained. Same as a closet grow, just bigger. I would reserve a mil for unforseen newb mistakes. Biggest issue will be finding trustworthy people to work. Pay them very well. And security will be huge.

A botany degree would be a bare minimum for whoever is running the op.

Best of luck to you!

[HorseMouth]

2.5 Million equals direct to Medical Patients. Get three tested high CBD strains, start making Rick Simpson oil, or be prepared to cater towards whatever each state allows in a non-smoking form.

Don't even mess with black market, or buds at that point.

I assume as a business you have calculated percentages for each aspect. What is your R&D cap?

Peace