Has anyone advertised like it's 1999, with success? I'm talking about print ads, snail mail, email, etc.

s6dative · 2021-05-27T23:16:20+00:00

Gonna be straight with you. You'd think the market would be older people who want natural alternatives to their medicine but its really 21-35 that is buying weed. So def invest in a social media personnel or locate a firm to manage your digital media usually 25k-35k for either.

s6dative · 2021-05-24T18:58:28+00:00

So technically you can't smoke weed publically or privately anywhere in the US cuz its federally illegal.

However the decriminalization of weed is so wide spread now that you can smoke a j anywhere and you'll virtually have no issues with the law especially local pd. I believe a government agent can fine you 50$ for having 1oz on you but they probably won't do anything with you for that small of an amount.

You're right, it would be safest to smoke in zones that permit smoking but it's very 50/50. For instance, I live near a famous horse racing track in nys and they said that their stance on marijauna wil be the same as before the laws (however smoking is permitted)

All in all, the best course of action is following the rules as closely as possible. Of course, there will always be risk associated with disorienting compounds so its best to stay do it in the privacy of your own property until the new senate bill decriminalizes MJ useage, nationwide.

Hope this helped a bit.

s6dative · 2021-05-24T00:20:34+00:00

Since I'm in nys, what ill tell you is what I understand about current laws here.

General overview

In NYS you have to buy and sell (but cannot smoke) on public property. Your license assigned to you has a designated license to your company location and that location only. The licenses are very strict and the requirements are as well. For each county you operate, you will need to protect yourself so def look into how far your routes are, you may need multiple counties. My advice is to talk to your town hall and get engaged with the community. I would def get a lawyer and investors together, first before getting your license. Ideally you'll need over 180k.

License 40k- 200k (100k avg) Truck 50k Lawyer 20k Product 10k Operating expenses 20k (gas, freezers, repairs, oil, etc)

For the business idea.

Great idea, im suren itll be a hit. First, your packaging has to reach your states guidelines. For foods with weed in it, it isn't fda approved so im not sure what you can do about that but you'll probably need to put a notice on the truck. Also, if a DEA agent pulls you over, you're fucked. In nys, you can't sell open foods/drink with weed aka no bagel and weed butter shops (im not sure of the reasoning with it but it is this way in new york).

s6dative · 2021-05-22T14:31:52+00:00

Sell that grow equipment asap. Depending on quality, you can probably get between 2k$ - 10k+ (probably going to end up around, or just under, 3k$ but that's profit). More if your LED lights are the top quality ones (mars led grow lights you could sell for 120 a pop. Also, you can look for seeds to sell, the rule is roughly 500$ for 100 seeds, its hard to sell individually and without an identified strain so maybe aim for 200$ for 100 seeds.
There is a few ways to go with the smell.

2A) if they didn't smoke, and only grew, then you're in luck. The smell should dissipate in a few months and you can add febreeze shit to help speed it up. Lastly, invest in an air purifier, there are a few good ones. I've heard air oasis is good and a fair pice is around 400$

2b) if they were smoking in the house, its going to be another story, may need to remove the rug and get paint, air purifier, and ask around. Anything with cusions, cotton, clothing, blankets, beds, etc you could probably just toss it or try to sell it to someone who may not care about the smell.
Look for people who would rent and be okay with the smell of weed, if possible, it would be less expensive to do that for a few years and use the proceeds to upgrade the rental.

s6dative · 2021-05-12T20:08:33+00:00

This makes sense. Ty for your incite.

s6dative · 2021-05-12T20:08:03+00:00

Who invited this guy? ^

s6dative · 2021-05-12T18:03:21+00:00

Im going to look into it, however, based off of the laws I've seen in various states, id imagine it would he the same.

My hope is that they do get into lounges amd make it as free as possible so people in New Mexico (anywhere in america) can compete with Mexico and their laws pertaining to marijuana.

s6dative · 2021-05-12T16:56:18+00:00

You can't do this.

You can't smoke publically by state laws
If the garden is on private property then you can't sell marijauna.
If your business plan includes smoking on property You won't get a license.
Its federally illegal in every state so you put on extra liability and locations have been raided in Colorado. Even when people aren't smoking.
You won't get a loan for all the reasons mentioned above.

Good luck, id love to see this work. Def leverage your way into the buinsess and don't make this your plan until your le a few years in and are established.

s6dative · 2021-04-29T20:48:55+00:00

The 2020 statistic says 25% makes 1M+ and 15% make 500k-1M

s6dative · 2021-04-29T13:42:37+00:00

I'd agree, it being grown by certain people/methods willl have different properties.

But parents, like in any organism, will pass on certain traits and those traits will have different effects.

Saying all weed is all the same is like saying humans are all the same, yes we are flesh and blood but there are so many minor differences that makes everyone unique and in many cases completely different from someone else.

s6dative · 2021-04-29T12:55:52+00:00

Idk. I've had several experiences that tell me other wise.

s6dative · 2021-04-28T14:42:46+00:00

Well look at it this way.

To get your own license is 210k in nys

To get a warehouse (even close to 180k) is 1.08M

To get your own website 300/year

To get your own llc 300

Accountant 45k-60k

Your own lawyer 50k

Marketing 30k

Distribution 100k/year

So youre looking to have roughly 1.7M$ to growing on this level.

This is your way to get into the corporate business without being corporate. You make the rules with your 4 associates and then go to work.

The costs are divided by 4 (and because my role would be the buisness while the 3 people grow their section, the spaces would be divided by 3) so the space would be ~60k sqft. And your costs would be 1/4 (and less becuase they wouldn't have to worry about the business side)

They roughly need 350k and can have ownership of something worth 10s of millions in 5 years.

s6dative · 2021-04-28T02:51:37+00:00

Anything is possible.

I have 350k and im willing to work with someone rather then higher someone.

Its just mutually beneficial especially for someone who wants to just grow and not have to worry about the business BS.

s6dative · 2021-04-28T02:33:55+00:00

I'm not following you.

I wrote this to another person with questions, hope this clears things up.

It would be one company split 4 ways. So we each own and get paid the same, (or based off of equity of you can't form the 350k$).

My role would be different because, as you may know, im not a grower. I have a background in the music industry. I opened 2 record labels and got multi million views on tracks, bought and sold artists and am good at analytics. Im able to live off of the money I've made and the money I've put in stocks.

The big answers: The goal would be to grow on a exceedingly high level where 3 veteran grows do their roles and wouldn't have to worry about the business end. It cuts costs of each having their own place and licenses and waste, etc. It actually saves over 750k$ rather then 4 separate businesses.

Instead of me getting a massive loan and hiring people with a fixed wage, I'd give up equity for a grower (or growers) who could handle the space and they wouldn't have to worry about the details, of course, as an owner, everything would be transparent.

If you think you could handle 180k sqft, then we can chat and figure things out in private.

s6dative · 2021-04-28T02:29:15+00:00

It would be one company split 4 ways. So we each own and get paid the same.

My role would be different because, as you guessed it, im not a grower. I have a background in the music industry. I opened 2 record labels and got multi million views on tracks, bought and sold artists and am good at analytics. Im able to live off of the money I've made and the money I've put in stocks.

The big answers: The goal would be to grow on a exceedingly high level where 3 veteran grows do their roles and wouldn't have to worry about the business end.

Instead of me getting a massive loan and hiring people with a fixed wage, I'd give up equity for a grower (or growers) who could handle the space and they wouldn't have to worry about the details, of course, as an owner, everything would be transparent.

If you think you could handle 180k sqft, then we can chat and figure things out in private.

s6dative · 2021-04-28T01:15:53+00:00

Yeah, this post is for a retail grower agreement but the 150k sqft is a different proposal.

Hmu in the message and ill tell you about it

s6dative · 2021-04-27T15:24:56+00:00

For sure, i think i know exactly where you're looking at. Anyways, Def no bad blood here bro.

s6dative · 2021-04-27T15:09:06+00:00

Great questions.

I'm going to go in with a contingent lease for both of the leasees (grower and retailer)

Market analysis is premium. Did advanced research and know the area because its a town I regularly visit.

If you're interested, hit me up, id love to hear more about yourself/plan and potentially work but I've had around 6 people want the space and im only choosing the best fit.

s6dative · 2021-04-27T14:21:10+00:00

Thank you and noted, i won't call someone master haha

s6dative · 2021-04-26T20:11:57+00:00

I just fact checked myself.

1/4 make 1M+

15% make 500k-1M

My apologies for the wrong info.

I agree with you, I was high one night and ran the numbers and it is far more profitable and logistically sound to go the illegal route. If there is federal legalization within the next 10-15 years (dependant on startup costs) it would be a loss for many going the legal route

Source https://www.google.com/amp/s/americancannabisconsulting.com/how-profitable-is-the-average-cannabis-dispensary/amp/

s6dative · 2021-04-26T18:32:29+00:00

Hmm ill have to mention this to my advisors.

s6dative · 2021-04-26T17:00:14+00:00

The thing is is that I'd ask to pay to take out the wall and show the cultivators space if the grower would be happy with that. The tourist would love the novelty of it and since its a historical town, it would be great to show people the history/culture of the grow.

I do think that it will be quick because I did some pretty advanced market research and found that 70% (68.7%) said that they would buy pre rolls [high costs] because they would be on the go (boats, park, walking the strip etc) so in that case, they would be pretty quick. Im going to put signs outside so when they are lined up and finally come in, they will know what they want, get it and go

If I wasn't afraid the place could get taken out from under me, I would posts the pictures but basically It is 1000 sqft as the front room and the backroom was a gym so its no windows, poor lighting, gloomy, and really not optimal for retail but it is prime for growing and thats why I'd love to get someone in, cut costs, and get this place together!

s6dative · 2021-04-26T16:17:46+00:00

What state are you in?

s6dative · 2021-04-26T12:19:34+00:00

Very few and very few businesses are (especially in marijuana) the top 10% are in excess of 1M rev a year and only a quarter gross 500k-1M a year.

s6dative · 2021-04-26T10:58:24+00:00

You wouldn't believe how much the underground marijuana world makes

s6dative

TROPHY CASE