SirStynkalot
Member
It's probably a good guess that your competition is going to get overextended if they're trying to build a 5,000 light grow from scratch. I seriously doubt you'll have an easier time with 500 lights though, especially when you don't have a grower on your team yet.
I'm just not sure how you think you're going to beat the market. Everything you've said puts you at just as much risk as them since the "intangibles" you reference are the ones you can't control either. Any large scale pot business is going to be pissing cash and I'd imagine 1 million in the hole doesn't look much different from 20 million in the hole when you have no way to bring money back in.
How exactly do you plan on dealing with this? Are you going to grow specifically for concentrates from the beginning? Spend three times as much per square foot as your competition on the build in and hope throwing money at the inevitable problems fixes them? What are your thoughts?
This is why you need a grower. What you're saying is common sense to growers. We understand how markets work. This is our job. What's absolutely needed by any operation to stay afloat is a high quality product. The stick-and-seed market's insanely competitive for a relatively small and shrinking market share. You're telling us that you don't think your competition can make large quantities of a high quality product, but you yourself don't know how to either. Makes us a bit edgy.
That's what bobthegrower was saying. You've got the cash up to make a project but aren't equipped to do ANY of the work. As best I can tell, you've covered all the bases you'd need if you were going to open up a payday loan store - receptionists, accountants, cash flow, premises. You haven't even started building a marijuana specific business. If you want someone to COMPLETELY BUILD AND RUN your business for you from the ground up, you're going to probably have to offer them a significant cut of the profits. If I were you guys I'd feel pretty lucky to get away with giving them a third of your company to do what you need. I've heard of growers taking away much more... because let's face it, the only thing you have to offer them is risk. If they're good enough to do what you want then all you're offering them is an iffy sideways step on the career ladder, not a step up. I personally turned down admission to a couple top tier US law schools to work on my project. That's the sort of career option available to people with the skills and abilities you need.
I'm just not sure how you think you're going to beat the market. Everything you've said puts you at just as much risk as them since the "intangibles" you reference are the ones you can't control either. Any large scale pot business is going to be pissing cash and I'd imagine 1 million in the hole doesn't look much different from 20 million in the hole when you have no way to bring money back in.
How exactly do you plan on dealing with this? Are you going to grow specifically for concentrates from the beginning? Spend three times as much per square foot as your competition on the build in and hope throwing money at the inevitable problems fixes them? What are your thoughts?
This is why you need a grower. What you're saying is common sense to growers. We understand how markets work. This is our job. What's absolutely needed by any operation to stay afloat is a high quality product. The stick-and-seed market's insanely competitive for a relatively small and shrinking market share. You're telling us that you don't think your competition can make large quantities of a high quality product, but you yourself don't know how to either. Makes us a bit edgy.
That's what bobthegrower was saying. You've got the cash up to make a project but aren't equipped to do ANY of the work. As best I can tell, you've covered all the bases you'd need if you were going to open up a payday loan store - receptionists, accountants, cash flow, premises. You haven't even started building a marijuana specific business. If you want someone to COMPLETELY BUILD AND RUN your business for you from the ground up, you're going to probably have to offer them a significant cut of the profits. If I were you guys I'd feel pretty lucky to get away with giving them a third of your company to do what you need. I've heard of growers taking away much more... because let's face it, the only thing you have to offer them is risk. If they're good enough to do what you want then all you're offering them is an iffy sideways step on the career ladder, not a step up. I personally turned down admission to a couple top tier US law schools to work on my project. That's the sort of career option available to people with the skills and abilities you need.
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