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| Forums > IC Magazine > Cannabis Business Network > Cannabis B2B Network > wanting to start, have 2.5 mill capital ... | ||
| wanting to start, have 2.5 mill capital ... | Thread Tools |
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#31 |
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rockin in the free world
Join Date: May 2013
Location: The Beatiful Mojave Desert
Posts: 2,846
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if I had 2.5 mil, I would build automated light dep greenhouses that had electricity supplied by solar panels/ wind turbines. Simple, self sustaining. Tough to beat.
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https://www.washingtonpost.com/nation...0b9_story.html https://www.webmd.com/food-recipes/or...-better?page=4 https://organicsoiltechnology.com/wp-...s-cultures.pdf https://nevegetable.org/disease-management-0 https://medium.com/ted-fellows/how-t...t-d27df202ba09 https://youtu.be/frXYMd-JUfA https://organiclifestyles.tamu.edu/so...robeindex.html |
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5 members found this post helpful. |
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#32 | |
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Member
Join Date: Jan 2016
Posts: 100
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It also sounds like you're here to learn to start the business. So... My question is, do you want to grow? Or do you want to run a business? |
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1 members found this post helpful. |
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#33 | |
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Member
Join Date: Jan 2016
Posts: 100
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On the other hand, being grid connected and putting up some solar panels or small wind turbines, that can go over very well. Using natural gas as a heat source? Extra CO2! |
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#34 | |
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Senior Member
Join Date: Sep 2015
Location: Deep in the Timber
Posts: 1,572
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Quote:
![]() My father-in-law a VERY successful businessman told me once "never take business advice from your accountant, they just play with other peoples money...if they knew how to run a business they'd be rich, and I've never met a wealthy CPA" |
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2 members found this post helpful. |
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#35 |
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Registered Non-Conformist
Join Date: May 2008
Location: The Great State of "M."
Posts: 2,701
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Call Me negative, but I have answered about 9000000 of these questions for people. After a while I said 'no more,' until I see the cash. Too many of them felt entitled to free information from experts. Why..? Not sure. I can;t ask other professionals to explain the details of how they made things work. Not for free, at least.
It is called consulting. And, in this biz where 20% maybe end up actually using the info to DO something - the info is not - nor should it be - free of charge. Then, many potential suitors of the plant have unrealistic expectations of the money tree. OR, as soon as a first harvest is realized, all of a sudden the key doesn't fit the door. Who ya gonna call....? Ghostbusters..? Pay up front, or only cursory info will you get. Bottom line, all the info of yield (the most important thing, and first thing out of a suitor;s mouth) - is all available with a little research.. Would YOU invest whatever K without FIRST HAND INFO>..? Youch. I doubt I would. Listen to the Poseur who yells the loudest about getting 1+ p per plant indoors in 50 days 12/12...? And FINALLY, I cannot say just how many times people have had grand dreams that they want help with - with Other Peoples' Money. 90% never hear from em again. Cheers, Carry on. We certainly paid to learn it, through mistakes or whatever. Not being a DB, but last I looked, Lawyers charged for their counsel. You want good info, with real personal commitment - be prepared to pay (handsomely) for it. And that is How it should be. It was not the Yellow Brick Road, learning this craft. Arcane at the least. It is not just following a feed chart. There are nuances upon nuances. Strain Knowledge under certain conditions. Different methods and Nutrient regimens, organic vs conventional. Low Numbers High Yield, High Numbers SOG style. Hundreds of hats to wear. Experience is the only teacher. This is Common Knowledge amongst those who grow and are committed to the passion.
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Stable: Relentless Seeds: White Cookies & Elmer's Glue - Dr. Krippling's Incredible Bulk (aka Green Spirit Skunk) - Rare Dankness Moonshine Haze (2 phenos) 2005-2007 Mendocino "Wild Wknd @ the Woodlands" judging - 6 ribbons in 3 years - 2) 1st Place - 2) second place and 2) 3rd place. Last edited by stasis; 01-09-2016 at 10:42 PM.. |
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6 members found this post helpful. |
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#36 | |
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Senior Member
Join Date: Sep 2015
Location: Deep in the Timber
Posts: 1,572
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Quote:
A strong business background is needed for any successful business, add growing to the deal and it's a challenging venture. The market will be saturated this year, and more coming from Mom/Pop operations...everyone is looking for a fast buck, the fast lane to wealth...and a lot of people are going to lose a TON of money. A large investment only guarantees one thing, a larger risk with more investors standing with their hands out looking for return dividends. |
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#37 |
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IC Mag Supporter
![]() Join Date: Apr 2012
Location: dark side of the moon
Posts: 8,224
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without control nothing else matters...
Handling a wharehouse of lights is not gonna happen with forum posts. I think you need the experience yourself. Shit dont scale linear movin up, shitloads of issues just movin up from 1 light to 2 to four to even running 10, then were talkin about a giant space with hundreds of lights?
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When The Green Drops The Bullshit Stops KNOWN BUBBLE HEAD |
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#38 |
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Member
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Posts: 492
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a lot has been said here, but little have you said what your exact role is supposed to look like in this plan?
thats the most important thing, know your strengths and know what to leave others, professionals to do. I doubt you want to be lead grower, facility manger and sales executive at the same time?! way too much work.. yeah you need a team like you said.. that will be hard enough... 90% of the time a consultant will be bias and like mentioned will only take your money, unless they are a friend or somebody from your circle who you can pay to help.. but from your capital i would take at least a quater and keep that running costs and backup for the first 6 months, would be a big no no having everything up and running and after 2 months not beeing able to pay for running costs.. electricity and water.. and in those dimensions bills add up quickly!!
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1 members found this post helpful. |
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#39 |
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Member
![]() Join Date: Jan 2011
Posts: 492
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double
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#40 |
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Member
Join Date: Jul 2015
Posts: 367
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You should watch this channel on youtube called medicropper, it shows how this man goes from a small grower using his basement to grow for med patients in washington to owning his own facility. Also it shows how he makes his facility and the problems he had working at it alone, and now I guess in his recent videos he has 2 employees now.
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3 members found this post helpful. |
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