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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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#41 | |
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Member
Join Date: Jan 2016
Posts: 100
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Quote:
It's basically insulting to anyone that is trying to make an honest dollar in the industry as a consultant. Are there some that don't really know much and will preach to the choir? Sure. But there's plenty of us that do know what the fuck we're doing, have the educational background, and do provide a service that is valuable. |
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#42 |
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Senior Member
Join Date: Mar 2008
Posts: 7,613
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^^^ Funny stuff! A consultant promoting consultants!
Habeeb, you don't need consultants IMO. You need to start a small warehouse, and go from there. Build it up. Get bigger, but in small steps. Learn by your mistakes, and eliminate them as you go. This also gives you opportunity to see how the game shakes out. You have a huge unknown in the government. They can be capricious, and can pull the rug out from under you at their whim. You have to be able to adapt to them on the fly. Hard to do with a large operation. |
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1 members found this post helpful. |
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#43 |
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Member
Join Date: Sep 2015
Location: Under lights
Posts: 842
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I worked for a guy that set up a 400 bulb wharehouse with full AC ect and he over payed in many ways by not getting a good grow consultant before the electrical engineer, who was required to pass codes Ect, he was 3 mil in and at 12 months had made back 600k ish with monthly expenses of 20-30k.
I would say for un inspected semi legal your looking at 2k per 1000w minimum more likely 3k if from ground up and really legit. Expenses with a big crew and start up/learning curve I would count on about 600-800 dollars a pound operating expenses and about 1 lbs per thousand until bugs are exposed and dealt with. When I gave him a plan for 400 bulbs I had figure you need 12 full time employee's and 3-4 of those would have to head crews for cleaning, stripping leaves, trimming and a head grower to manage plants and hopefully oversee the other 2-3.. Work adds up after first cut, we did 42 lights a week so yeah if you don't have the workers you loose $, and machine trimmers while solving one problem create a second in a flooded market.... Even at 1200 and 800 expense it makes good numbers once your running... If your willing to respect the risk and the people funding and the people makin it happen then you stand to do well, but chances of enduring that stress and coming out the person you are today is slim to none... If that's what you want is to mange the stress of 14-15 people at great profit then start planning, if you can't be brutal and immediately assert your position fairly without creating rifts then prepare for a shit storm of lying primadonna's who over value their time and under value your investment, and coddling a bunch of put out investors who are sure of immenant jail and failure at any hour or point in their personal existence you will have to talk them out of... |
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7 members found this post helpful. |
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#44 |
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follow your heart
![]() Join Date: Feb 2008
Posts: 4,088
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thank you johnkimble... you have the most positive comment, and are the least concerned about getting caught up in drama... keep the good vibes flowing
consultants... they exist in every corner of the world for many reasons.. not everyone has the time a consultant knows to learn.. for whatever reason a consultant is nothing bad.. I'm not sure why people think someone that knows packaging, staffing, training, laws, security, layout, planning, site development....... is a bad thing??? it's like saying you have to know how to skydive before you go skydiving, NO YOU DON'T, you hire a company with someone who knows what they are doing and you get to skydive.. it's that simple guys.. ever go to college if someone of you have... you pay someone to teach you.. suba diving? surfing? I get a lot of people do things on there own, that's cool, but there is a lot more people who have vasts amount of money to reach out for help and making sure they have the best plan and course for success... I will get in touch with someone, but i have listened to everyone, I might start out small as I have managed multiple rooms by myself, I just never sold as I was invested in seeds, and to be honest it's a lot more daunting task and process as it's about a 8-10 step process from chop.. one option might be to run 15 lamps, and work my way up seeing what goes on and to scale bigger... the problem is really I want to run an automates setup and huge dosers don't scale smaller, that requires a completely different controller and thus the tech doesn't really switch over, second is there is a huge difference to ghetto rigging something, and laying out a bomb ass setup, when you think forward it's really hard to scale say 15 lamps to a hundred.. you would end up building a completely different room another thing as some have mentioned is outdoor, last I heard a year or two ago was outdoor for whatever reason seemed that people wanted indoor.. I don't know what the scare was or is, but that's what I hear.. it's a good question to put on my radar, as I was thinking that indoor brought more harvests, but didn't think greenhouse space is superior if you have big land and setup..... there's a million things going in my head.. I was just wanting to start a bigger project then I've ever done as I get bored quickly.. it's why I have used and perfected every nutrient out there and made my own recipes for organic dry nutes.. |
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#45 |
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if it smells like fish
Join Date: Feb 2014
Location: bible hill estates
Posts: 8,328
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if your a good grower and produce a top notch product it shouldn't be hard in the right state...cali has way to many people growing ....san diego the market is flooded and prices are down....I would grow on the east coast ..having large scale growing experience would be a asset...closets I could do blind... in one area/building I have never done more than 20 in flower and 5 veg..so 25 ,,1000watt in lights....but in cali unloading it is simple as becoming a vendor and getting lowballed usually...yeehaw ...but I am street smart and went to school for horticulture.....these days I have a tiny grow and greenhouse...how fast your investment pays its self back depends on your growing skills and how you unload product!!!!!...getting rid of large amounts you have to sell for less but get it over and done ..a few lbs each to diff folks makes you more generally ...not having to deal with that end of business===== +++ priceless!!!!!!!!!!!...find you a middle man /broker....growing and selling weed is so simple..legal or not...not is more fun tho....good luck I have a feelin you might need it...
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SML..iff mi spellin and centances suk and yoo don't lyke itt too fukkin bad;/?.....I once was asked what I would say upon getting to the gates of heaven??? m/r is a visitors badge an option??? I would like a few drinks at the bar... YEEHAW....vote for real legalization not sum bullshit...free the weed or kiss my ass...you wont be getting my tax money.. |
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3 members found this post helpful. |
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#46 |
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Senior Member
Join Date: Sep 2015
Location: Deep in the Timber
Posts: 1,572
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haheeb,
None of my comments were meant to be negative,,,just being honest. I flower with 55 X 600W HPS lites non-stop, 12 months a year,,,plus my T5HO's for vegging, and cloners, and all my babies prepping to flip. It's a major undertaking to "control" costs, expense, help, risk, and sanity at times. Take your time and grow up in size, you'll be happier and better off financially at the end...trust me on this |
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4 members found this post helpful. |
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#47 |
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Member
Join Date: Jan 2016
Posts: 100
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Well, they don't have a bunch of solar panels and wind power. I can assure you of that.
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#48 |
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if it smells like fish
Join Date: Feb 2014
Location: bible hill estates
Posts: 8,328
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if how to grow and sell it aint almost second nature to you your in deep shit....yeehaw...very few people percentage wise succeed in growing and selling large amounts on their own,,atleast for very long ...any idiot can unload 15 lbs or so ...more takes skills if you want to stay free and alive....what you need is a crew of experienced people and partnerships don't usually go well.....its nice to dream tho...
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SML..iff mi spellin and centances suk and yoo don't lyke itt too fukkin bad;/?.....I once was asked what I would say upon getting to the gates of heaven??? m/r is a visitors badge an option??? I would like a few drinks at the bar... YEEHAW....vote for real legalization not sum bullshit...free the weed or kiss my ass...you wont be getting my tax money.. |
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4 members found this post helpful. |
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#49 |
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Member
Join Date: Sep 2010
Posts: 391
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I havn't met one "consultant" in the industry worth two shits other than Tierra Rojo in CO and NPKali in Cali. The scaling of industrialized agriculture is nothing like a closet.
You mention knowing all the nutrients out there? At this level, you should be making 100% of your own based on whatever parameters/goals/strains/yield/quality is desired. If you havn't been doing that for at least a few years, the curve will be very steep, very soon, and you better be willing to run like Usain Bolt if you plan to catch up. 99% of the consultants I've ever met "in the industry" (I go to several NCIA and other cannabusiness events/organizations every year) aren't worth shit and literally know nothing when talking horticultural practice and industrial ag. They always have TRASH herb to show off covered in Powdery mildew or dudded the fuck out. And they have no clue. The reason they are consulting is typically because they consistently produced sub par quality and yields, and they figured it'd be easier to try and "teach" people whatever bullshit they learned in their short tenure as a professional cultivator, than actually try and PROFIT from cultivation themselves. The only thing these "consultants" know, that is once your business is licenesed, you better be a mother fucking PRO with the least overhead possible, if you plan to do anything but survive. For now. |
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9 members found this post helpful. |
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#50 |
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Frequent Flyer
Join Date: Nov 2011
Location: ~ In The Garden Pulling Weeds ~
Posts: 3,222
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First time I've actually agreed with Docta, his post is spot on.
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1 members found this post helpful. |
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