S
scarred4life
i don't want to step out of line cause i'm one of your hated cali immigrants (a broke one though), but i think y'all are kind of underestimating the start-up costs of compliance with hb1284, which btw requires that you have a retail storefront BEFORE you can even apply for a grow license. i've been in the cali club scene a while, and i think i've got a roughly accurate estimation of the costs; here's my breakdown--let me know if i'm way off.
1. Adequate facility for grow and sale, or two smaller, separate facilities for grow and sale: 2k a month minimum/ 12k initial lease payment (most landlords of clubs want 6 months up front)
2a. Installation of a secure wall, bullet-proof glass, and magnetic locking doors between waiting room and dispensing lounge if grow facility is present: 5-10k
(or)
2b. Installation of outer security doors at separate grow and retail facilities: 3k
3. Security camera system: 2-4k, depending on if you need two systems for two separate facilities or one system for combo grow/dispensary
4. Security Guards: 3-4k a month IF no bonding is required
5. Two assistants/ bud tenders: 2k a month
6. Electrician fees for setting up the 220 amp infrastructure needed for a commercial grow that will pass fire department inspections: 1K
7. Hydro Equipment for 6,000 watt MINIMUM grow space (4000w flower/2000veg): 5k
8. Advertising: 1-2k a month
9. Capital for Restocking during product shortage: 10K
10. Local Licensing Fees: 1k minimum
11. State Licensing Fee: 5k
12. Mortgage/Rent for Secure Residence: $1500 a month minimum (yeah, this is a cost too if you have to have an address that you feel comfortable posting on a huge sign outside your business)
13. Signage/ Decorations for retail space: 1-2K
14. Electricity: 1k a month
=
Minimum Initial Investment: approximately 50K
Minimum Monthly Operating Costs: 11k
Minimum Start-Up Capital: 70-100K
Oh yeah, and you’ve got to shell out a significant amount of the initial investment BEFORE you know whether or not you’re applications for licensing are actually approved.
This is all totally affordable for your average American citizen, right?
1. Adequate facility for grow and sale, or two smaller, separate facilities for grow and sale: 2k a month minimum/ 12k initial lease payment (most landlords of clubs want 6 months up front)
2a. Installation of a secure wall, bullet-proof glass, and magnetic locking doors between waiting room and dispensing lounge if grow facility is present: 5-10k
(or)
2b. Installation of outer security doors at separate grow and retail facilities: 3k
3. Security camera system: 2-4k, depending on if you need two systems for two separate facilities or one system for combo grow/dispensary
4. Security Guards: 3-4k a month IF no bonding is required
5. Two assistants/ bud tenders: 2k a month
6. Electrician fees for setting up the 220 amp infrastructure needed for a commercial grow that will pass fire department inspections: 1K
7. Hydro Equipment for 6,000 watt MINIMUM grow space (4000w flower/2000veg): 5k
8. Advertising: 1-2k a month
9. Capital for Restocking during product shortage: 10K
10. Local Licensing Fees: 1k minimum
11. State Licensing Fee: 5k
12. Mortgage/Rent for Secure Residence: $1500 a month minimum (yeah, this is a cost too if you have to have an address that you feel comfortable posting on a huge sign outside your business)
13. Signage/ Decorations for retail space: 1-2K
14. Electricity: 1k a month
=
Minimum Initial Investment: approximately 50K
Minimum Monthly Operating Costs: 11k
Minimum Start-Up Capital: 70-100K
Oh yeah, and you’ve got to shell out a significant amount of the initial investment BEFORE you know whether or not you’re applications for licensing are actually approved.
This is all totally affordable for your average American citizen, right?