Marijuana Business Investors

cannabis investing

Marijuana Business Investors

Marijuana Business Investors

The cannabis industry is quickly budding, attracting a new crop of investors. Navigating a new industry can be overwhelming, Higher Yields Consulting is your guide to the smartest way to invest in cannabis. HYC is the premier A-Z consulting firm, offering clients a full spectrum of services; a one-stop shop to explore investment opportunities, big or small, anywhere in the US. Our firm consists of 10 contractors working throughout Colorado, California, and Nevada. HYCs Cannabis Start-Up team has completed licenses in 10 states, developed SOPs for nationally recognized brands, and assisted investors in real estate negotiations. Our Development Team has designed, constructed and managed just under a million square feet of indoor facilities around the country. Our Growth Division assists businesses looking to grow beyond their walls and into new opportunities. Our teams’ holistic understanding of the industry’s current and future state, is invaluable to investors looking to cash in on cannabis.

In a burgeoning industry, it is crucial to invest with experienced investors, focused on due diligence and the legal complexities of the cannabis industry. Our latest product, HYC Quik-Starter Assessment, provides 100% transparency to guide the due diligence process. Quick-Starter is a 144-point data analysis tool that helps businesses identify their gaps from a people-process-technology standpoint. The Quik-Starter Assessment is a valuable tool for new investors looking to buy currently operating businesses. The analysis will quickly identify not only what needs to be corrected within the business, but how to fix it, and a road map of where the business needs to focus its time and investments.

Share this Article

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest
Higher Yields Cannabis Consulting

Higher Yields Cannabis Consulting

Higher Yields Consulting is a Marijuana Consulting Group comprised of industry experts with decades of combined experience in the legal industry. Whether you are looking to get into the business or already have a license we can help your business succeed. Call (844) HI-YIELD to schedule a free initial consultation.

The Latest from our cannabis consulting blog

Cannabis Cultivation Services

cannabis cultivation

Cannabis Cultivation Services

Garden Design

Design is the first step in how you will or will not become an efficient and competitive cultivator. – Michael Bernstein, Director of Land Development

The garden is the foundation of any successful cannabis business. Garden design determines the workflow of daily operations and has the potential to optimize facility production and lower operating costs. Producing consistent, quality product takes time and experience. Higher Yields’ design team will customize your facility from the ground up. Our consultants, consisting of engineers, contractors, and master growers, blend their unique cannabis expertise to design and build the most efficient and highest yielding grow spaces. Our contractors have designed, built, or managed over 1 million square feet of state of the art facilities. Our experienced growers collaborate with building architects to ensure optimal harvest and compliance when designing your facility.

Garden Construction

Getting the environment right in a commercial facility can be difficult. If you cut the wrong corner you could lose millions of dollars overnight. – Bryson Guyer, Senior Environmental Consultant

Higher Yields Consulting can provide experienced Project Managers to oversee your entire construction team and expedite completion. It is common to experience inexperience within the industry when working with architects, engineers, general contractors, and subcontractors. 92% of cultivation construction projects run past the projected completion time costing you both time and money. HYC consultants will ensure your facility is functional and built to the highest standards for cannabis production and/or distribution. We will make sure license support is provided and your facility is up to state coding requirements. HYC always uses cutting edge construction techniques and materials, always keeping our clients ahead of the curve.

Garden Management & Training

The hardest part for growers to perfect is the garden rotation. Rotation is where businesses find their highest level of efficiency. – Cory Waggoner, Founder of Higher Yields Consulting

Higher Yields Consulting garden management and training services alleviate your learning curve at an affordable rate, cutting overhead and increasing profits. Our team will guide you through every step of the process, from licensing and application to your first harvest. Our training methods and materials create highly effective and profitable teams with an emphasis on the most current compliance requirements. Grows benefit from working with cultivation trainers from the start – learning best practices and state/local regulations from the experts. Our consultants provide your grow a solid foundation in operational management, removing the difficult guesswork. 88% of marijuana startups underestimate the team members necessary for these projects. HYC keeps your project on track, decreases overhead, and maximizes the bottom line with our Garden Management and Training consulting services.

Share this Article

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest
Higher Yields Cannabis Consulting

Higher Yields Cannabis Consulting

Higher Yields Consulting is a Marijuana Consulting Group comprised of industry experts with decades of combined experience in the legal industry. Whether you are looking to get into the business or already have a license we can help your business succeed. Call (844) HI-YIELD to schedule an initial consultation.

The Latest from our cannabis consulting blog

Growth Beyond the Greenhouse: Hidden Benefits of Recruiting Skilled Management in the Cannabis Industry

cannabusiness staffing

Growth Beyond the Greenhouse: Hidden Benefits of Recruiting Skilled Management in the Cannabis Industry

Invest in people.

It seems like a no-brainer right? You want to work with good people and you want intelligent, skilled people to help run your business. Regardless of supply and demand in the job market, the saying holds true: you get what you pay for.

The benefits to recruiting and hiring experienced, educated, or skilled labor are endless – benefits that are greatly outweighed by the increased salary owner/operators are often reluctant to pay. Even the most experienced business owners should repeatedly assess their personal or company weaknesses in order to build partnerships with or hire those who complement their strengths.

From grow systems to extraction, standard operations are becoming increasingly automated. As such, it is tempting to avoid investing in potential skilled hires when your account or profit margin seems the number one concern. However, not hiring (or not appropriately compensating) skilled managers can wreak a different kind of havoc on your business: the threat of becoming a one-dimensional, rigid business unprepared for unexpected turns in the industry and ill-positioned for creative growth.

HYC will highlight five hidden benefits to hiring skilled employees over the next two weeks. A bite-sized, reminder that there is always room to grow and strengthen your business. . . beyond the greenhouse.

ONEYour business is only as robust as your collective experience.

Depending on the individual and their previous experiences, every new hire or contract represents an opportunity to expand your MJ business through diversity. An opportunity to bring creative methods from other seemingly unrelated industries such as real estate or production engineering. Learning how others have been successful in industries that deal in assets, production, marketing, etc. holds an inherent, but often overlooked, value to an owner/operator’s business. The prior experiences of employees can prove invaluable to a business at the most unexpected times, but especially at critical tipping points – when a business is on teetering on the edge of growing or dying.

Hiring from outside the marijuana industry adds a valuable dimension to your operations. When hiring from within the industry, there is legitimate business value in finding creative, cutting edge personnel. Independent creativity coupled with the opportunity to share ideas and concerns is what can ultimately outmatch the branding budgets of the big dogs. Diversify experiences. Invite creativity.

TWO Skilled management helps share the load.

Hire for skill, hire for trust. Responsible and capable people are an incredible asset to small business growth. Any new role requires direction and initial guiding, but when you invest in self-starters with experience, the isn’t a need for extensive oversight. Managers should instantly take a load off your plate, not add to the many aspects of your business you are already balancing.

MJ business owners and store managers are taxed with all of the typical day-to-day challenges of running a small start-up business… with the added industry hurdles of becoming proficient in real estate, MJ law, marketing/branding, garden efficiency, compliance, distribution, and more. Any experienced manager, likely wears many, many hats of their own. So delegating without micro-managing builds trust – saving your business time, increasing owner/operator efficiency, and providing higher return on investments.

Share this Article

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest
Higher Yields Cannabis Consulting

Higher Yields Cannabis Consulting

Higher Yields Consulting is a Marijuana Consulting Group comprised of industry experts with decades of combined experience in the legal industry. Whether you are looking to get into the business or already have a license we can help your business succeed. Call (844) HI-YIELD to schedule a free initial consultation.

The Latest from our cannabis consulting blog

Marijuana Garden Management Pitfalls

cannabis garden problems

Marijuana Garden Management Pitfalls

Wait, I have to get a permit?

Yes, you are going to need to hire an architect, and an engineering team. Many people struggle to get off the ground in MJ industry, it all starts here. Hire a team who has experience in the city or county where you are developing your facility. Also, a few guys with some experience designing these wouldn’t hurt. Get “Permitting Dates” from the engineer and the architect before you hire them. Get real deadlines to manage your budget better. You can make more money tomorrow, you can’t make more time!

More lights, more money, let’s pack this thing out.

The biggest mistake we see. You have to leave room for working. Yes, every foot is valuable BUT if you have dedicated work areas or appropriately sized aisles it will benefit the entire garden in the long run. Don’t make your trimmers work under grow lights. Your garden management team will need to do transplants, your products need to be dried and also stored when finished. If you can’t keep the place under 80 degrees, turn lights off and add AC. We produce more off of 150 indoor flowering lights at 75 degrees than we do on 200 indoor flowering lights at 85 degrees. HVAC is often your biggest expense in build outs and the least concerning to newbies.

I’ll design the garden myself and the grower can figure out how to make it work later.

Most people pick somebody they met through a friend who has been growing for 20 years and gets 3 pounds a light, they call themselves, “Master Growers” or “Expert Cultivators.” When you hear this, RUN! In the industry, we call these guys “Craigslist Killers”. Business owners find them on Craigslist and before you know it they have killed all hopes of having been successful in this industry. Running 30 plants in a basement isn’t the same as managing a 1,600 plant count commercial facility. The learning curve is steep! A good Gardener will know about needed space for Veg, Flower, and working areas. He should know something about “Rotation” as well, this keeps labor low and employee turnover to a minimum.

What does having a “Compliant Garden” mean?

In Colorado “Compliant Garden” means a lot of things. You will need at minimum one ADA bathroom, a safe room, cameras at every door and aisle. Some cities, for example, Aurora Co., require certain screens to cover HVAC outlets so crazy people don’t break into your facility while you are away. This is common because doors have sensors and it’s hard to have motion sensors in a garden due to fans and plant movement. They just drop in from above! You are going to need METRC software link to track your plants and you’ll have to buy clones (don’t buy seeds day one!) from someone already licensed in the state. No more ordering seeds from anywhere and growing them in Colorado, MED (Marijuana Enforcement Division) will shut you down!

It’s marijuana, how could I possibly fail?

95% of the original license holders in Colorado are no longer in the industry. There are a million pitfalls, these are just five quick ones before you plant your first clone. Don’t underestimate the amount of competition in the industry! You need experts, you need networks, you need advice.

Contact Higher Yields Consulting for all of your Marijuana Business needs, solutions, or problems.

Share this Article

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest
Higher Yields Cannabis Consulting

Higher Yields Cannabis Consulting

Higher Yields Consulting is a Marijuana Consulting Group comprised of industry experts with decades of combined experience in the legal industry. Whether you are looking to get into the business or already have a license we can help your business succeed. Call (844) HI-YIELD to schedule a free initial consultation.

The Latest from our cannabis consulting blog