Page 1 of 1

Cannabis Cultivation Business

Posted: Wed Oct 13, 2021 7:29 am
by Chef Boi RD
Went to one of my steel fabricators shop yesterday in Richmond in a complex of warehouses. Checking out some of his projects in the shop, one was a giant cannabis rack he’s fabricating for a grower. He said there are 6 licensed cultivators in the complex his shop is in. I gather it’s a bit of a gold rush industry right now but he says the problem is there are too many people getting into the business and the money ain’t as good as you think it is, not to mention it costs $250,000 initial operating set up costs. Curious if anyone knows a bit about the industry, the licensed grower side, not the Cousin Strawberry grow op in his C-Can in the woods of his sprawling hillbilly back yard version

Re: Cannabis Cultivation Business

Posted: Wed Oct 13, 2021 7:43 am
by Topper
Drove through Westwold Saturday and Tuesday, huge outdoor grow op in full skunk. I'm sure the neighbours are impressed.

The start up costs on the outdoor operations must be wild. 10' perimeter fence topped with razor wire and 2 or 3 security cameras on every second post.

Several Jr mining companies were bought as shells and spun into grow companies. Investment flooded in but returns have been dismal and money is draining out while operations are shuttered. A corporate lawyer advised one of my clients that anyone involved with one of these grow companies could face international travel difficulties.

Re: Cannabis Cultivation Business

Posted: Wed Oct 13, 2021 8:03 am
by Chef Boi RD
Topper wrote: Wed Oct 13, 2021 7:43 am Drove through Westwold Saturday and Tuesday, huge outdoor grow op in full skunk. I'm sure the neighbours are impressed.

The start up costs on the outdoor operations must be wild. 10' perimeter fence topped with razor wire and 2 or 3 security cameras on every second post.

Several Jr mining companies were bought as shells and spun into grow companies. Investment flooded in but returns have been dismal and money is draining out while operations are shuttered. A corporate lawyer advised one of my clients that anyone involved with one of these grow companies could face international travel difficulties.
Yeah apparently the money isn’t that good, too many flooding the industry, expensive start up requirements to be licensed

Re: Cannabis Cultivation Business

Posted: Wed Oct 13, 2021 9:17 am
by 5thhorseman
Like a lot of people I just grow my own. The four plant max is enough to supply anyone not named Cuz for years with just one growing season.

If the money isn't good there must be a lot of downward pressure on retail prices. Are prices dropping and driving the black market out of business?

Re: Cannabis Cultivation Business

Posted: Wed Oct 13, 2021 12:01 pm
by Cousin Strawberry
Fuck growing it. Just buy it and enjoy.

I've grown a bunch of times and it's honestly not worth the bullshit

I toss some seeds in a pot every spring, add Holland secrets fertilizer mix at flower and get outdoor buds by fall that's about as devoted as I get

Re: Cannabis Cultivation Business

Posted: Wed Oct 13, 2021 1:31 pm
by Cornuck
Cousin Strawberry wrote: Wed Oct 13, 2021 12:01 pm Fuck growing it. Just buy it and enjoy.

I've grown a bunch of times and it's honestly not worth the bullshit

I toss some seeds in a pot every spring, add Holland secrets fertilizer mix at flower and get outdoor buds by fall that's about as devoted as I get
Can't be all that hard. We have wild help growing all around us here. I let it grow into full bushes on the (former) school grounds.

Re: Cannabis Cultivation Business

Posted: Wed Oct 13, 2021 2:13 pm
by 5thhorseman
It's not hard at all. Not much more effort required than Cuz describes.

Trimming your buds is a bit laborious, but a good stone and some tunes helps. I think I spent about 8 hours on it this year and I have enough weed for the next 5 years!

I'm still smoking the stuff I grew 3 years ago even after gifting half of it to friends and family!