A Tale of Two Marijuana Markets: California & Colorado

cannabis consulting

A Tale of Two Marijuana Markets: California & Colorado

All eyes turned to Colorado in 2012 when voters passed Amendment 64, leading to the legalization of recreational marijuana in 2014. Colorado was the first state to implement recreational marijuana rules, making it the nation’s most mature market. Colorado quickly became a marijuana mecca, driving the trend and setting standards for subsequent states that fell in line. As the pioneer of cutting edge cannabis reform, Colorado continues to provide insight into how a regulated market functions. With the November 2016 passage of Denver Initiative 300, granting businesses the ability to allow adult marijuana consumption in designated public areas, Colorado continues to set pot precedent. Colorado’s marijuana narrative tells a story of successful implementation, performance, and continual growth.

From the nation’s oldest regulatory framework to its largest, California’s cannabis market will become a legal reality on January 1, 2018. The longtime pot-friendly state will be governed for the first time since medical marijuana became loosely regulated in 1996. Rules and regulations are being crafted to ensure the booming black market will not undermine California’s attempt to create the nation’s largest, legitimate marijuana economy. California cannabis is projected to be a $5-$7 billion dollar business, with state and local governments collecting taxes breaking a billion during the first year. In a state with such economic vitality, sporting the 6th largest economy in the world, California’s new industry is set to impress.

ECONOMY

From July 1, 2104 to June 30, 2015 the Colorado Department of Revenue reported marijuana generated $700 million in revenue, and nearly $76 million in taxes during the first year of legalization. Just shy of one billion, sales jumped to $996 million in 2015, with marijuana taxes and fees almost doubling at $135 million. In 2016, Colorado crossed the $1 billion dollar mark in the first 10 months of the year, totalling 1.3 billion in revenue, and $200 million in taxes collected. Both state and local municipalities are beginning to reap the budding benefits from Colorado’s marijuana regulation and tax structure. Colorado imposes three different taxes on marijuana sales: 15% excise tax, 2.9% tax on medical and recreational sales, and 10% sales tax on retail sales. In May 2017 Colorado Gov. John Hickenlooper signed the budget bill creating the “Marijuana Tax Cash Fund”. All tax revenue pouring in from pot sales goes into the general fund which distributes dollars to various programs. Amendment 64 supporters were promised the first $40 million collected from recreational excise tax each year would go to the BEST (Building Excellent Schools Today) fund. BEST backs capital school construction, renovating and replacing deteriorating public schools. Based on legislative appropriations for the 2016-2017 fiscal year, the general fund will create housing programs for at-risk populations, health programs in public schools, aid the mental health crisis in jails, combat Colorado’s current opioid epidemic, target illegal marijuana sales, and contribute to continued industry oversight. Although the influx of new cannabis revenue hasn’t made a dent in statewide debt, many rural economies are experiencing substantial benefits. Amendment 64 legislation left it up to individual towns and cities to decide whether or not to allow marijuana business. Similarly, municipalities also have the ability to disperse local tax funds how they choose. For Colorado towns struggling with the collapse of industries past, typically coal and oil, embracing cannabis has had a significant impact on their local economy. In a southern Colorado town, Pueblo pot proceeds are funding the country’s first cannabis scholarship program. The Pueblo County Scholarship Fund will benefit county high school graduates planning to attend Pueblo Community College or Colorado State University-Pueblo.

California is projected to collect more than $1 billion in tax and licensing revenue in 2018, the first year of adult-use legalization. Nearly two decades after approving medical marijuana, the new adult-use market is estimated to increase more than tenfold. California’s blossoming industry is set to be the “pot” of gold at the end of a regulated rainbow, and has been touted as the nations legalization tipping-point. New Frontier Data and ArcView Market research predict tax revenue will balloon to $3 billion in year two and nearly $4 billion by 2020. Two types of taxes will be levied on California bud beginning in 2018; a cultivation tax of $9.25/oz. on “flowers” and $2.75/oz. on “leaves”, and a 15% excise tax on medical and retail consumers. Due to an oversight in Proposition 64, medical marijuana consumers have been given an extended tax holiday through the end of 2017. The initiatives blunder effectively eliminated the medical marijuana sales tax buyers had been shelling out prior to passage. Despite promises of explosive growth, the snafu could cost California nearly $50 million before it begins collecting billions in 2018.

While Colorado legislation has chosen to funnel the majority of marijuana money into the public school system and local governments; California has chosen a different avenue, imposing restrictions on public use of the funds. The measure shys away from relying on a ‘sin’ tax to fund ongoing budget requirements. Instead, California pot capital will be used to offset the perceived social and financial harms that surface from legalization. The new stream of tax dollars will create and expand drug use prevention and treatment programs, benefit at-risk youth, and fund research, environmental restoration, and law enforcement efforts specific to cannabis. Administrative start-up cost will be taken off the top to cover regulatory oversight of a new marketplace. $10 million annually for 11 years will be awarded to California public universities researching and evaluating the impact of legalization on public health, safety and economic influence. The California Highway Patrol will receive $3 million annually for the first five years to develop protocols for drivers suspected of being impaired by marijuana use. Various social and medical programs will receive assistance, beginning with $10 million, and increasing annually until 2022. Appropriations granted University of California’s, San Diego Center for Medical Cannabis Research $2 million annually for an undetermined amount of time. Californian’s are waiting to see how the new source of revenue will break down on a community level. Local measures appearing on city and county ballots propose levying separate local taxes. Authorities are still puzzling over a proper balance of municipal taxes to benefit the local budget, without forcing cultivators and vendors back into the black market. The budding business potential is preparing California for a new high; however, similar to Colorado, the new stream of tax revenue will only contribute approximately 1% to the state’s budget.

RULES AND REGULATIONS

The nation’s attention has turned to the Golden State while California regulators scramble to create a new recreational framework. California’s ‘wild west’ governance under Proposition 215, resulted in little to no state oversight of the medical marijuana industry for the past 20 years. The Medical Cannabis Regulation and Safety Act (MCRSA) was passed in 2015 moving the state closer to a regulated and transparent industry. On November 8th the Control, Regulate, and Tax Adult Use of Cannabis Act (AUMA) was passed, legalizing adult-use marijuana in California. Beginning November 9, 2016 recreational marijuana consumers, 21 and older, can legally possess up to one ounce of marijuana, or eight grams of concentrate. An individual also has the right to grow up to six plants inside their residence, same as Colorado. With new freedoms come a bevy of regulations encompassing cultivation, manufacturing, testing, distribution, and sales.

With existing farms estimated between 50,000-60,000, the sheer size of California’s agricultural base and anticipated demand, intensifies the scope of a regulatory rollout. Unlike Colorado’s system of dual regulation, California is attempting to amalgamate the two structures. Colorado compliance expert, Kady Cravens, believes they are on the right track.

“This is a wise choice. Separate structures and vertical integration in the medical market comes with a lot of confusion. There are essentially six license types in Colorado – store, cultivation, manufacturing, testing, transporter, and operator. Once you divvy those up between medical and recreational, we have to run all licenses as their own business. Meaning we have to operate, file, and report them separately. California is eliminating the need for multiple licenses, fees, and work from a seed-to-sale point of view.”

Governor Jerry Brown’s Budget Trailer Bill passed in June 2017; the legislation attempts to streamline the process of combining MCRSA and AUMA under one regulatory structure. The bill leans toward the more liberal regulations outlined in AUMA. Marrying the rules are projected to lower industry operating cost and ‘maximize public and consumer safety.’ California’s experimentation with a single regulatory structure could heavily influence other states depending on their success.

COMMUNITY IMPACT

With current Trump administration and drug warrior Attorney General Jeff Sessions promising to crackdown on federal marijuana policy, supporters and opponents have turned to Colorado for data on the pot-crime link. While Jeff Sessions speaks to the dangers of “real violence” fueled by the adult use of marijuana, officials armed with state and local data continue to debunk connections between increased crime rates and cannabis legalization. Figures released from the Drug Policy Alliance noted in the first year of legal recreational cannabis sales in Colorado, Denver, the hub of pot sales, saw a 2.2% drop in violent crime and an 8.9% reduction in property crime offenses. In 2012 City of Denver safety officials began tracking marijuana-related crimes, concluding they accounted for less one percent of all offenses calculated. Arrests for the possession, cultivation and distribution of marijuana dropped dramatically, preventing the criminalization of non-violent offenders. According to a federal survey released in early September, teen marijuana use has fallen to a 20-year low. Colorado’s high school cannabis use falls below national average; a drop in teen use could reflect a diminishing black market, attributed to current policy. Effects of California’s legalization measure remain to be seen, but are likely to mirror Colorado in terms of crime and youth consumption. Unique to California’s Proposition 64 is a lesser-known provision allowing people previously convicted of marijuana-related crimes to ask for reduced sentences or record changes from felonies to misdemeanors.

In the industrial, working-class Denver neighborhoods of Globeville and Elyria-Swansea, the significant presence of marijuana operations have left long-time residents concerned and questioning the industries local impact. In a 15 mile vicinity, there are roughly 21 marijuana license per square mile, leaving residents feeling inundated by cannabis businesses. A new, Denver specific requirement, now mandates a community engagement plan must be submitted with new license applications and renewals. The requirement is an effort to proactively engage cannabis businesses with neighbors and fellow businesses, and ensure they do not negatively impact the surrounding community. Owner of Elyria-Swansea pot-shop Starbuds, Brian Ruden, believes the new stipulation encourages cannabis companies to give back to their community.

“Starbud’s has met with local community groups. We’ve had open, honest conversations about their perceptions of the marijuana industry, how it impacts them, and how it can help them. Starbuds collaborated with neighboring residents, drafting a letter to the city requesting pot tax funds for community development. Residents requested a bridge over the highway to connect the isolated neighborhood and college scholarship programs. We’re trying to hear their needs and help facilitate where we can.”

Denver license applicants address the requirement with varying approaches. The community engagement plan must include a “plan to create positive impacts in the neighborhood where the business is located”, “procedures for addressing neighborhood concerns about the business”, and “policies to promote community engagement and involvement in the marijuana industry in a positive way.” Reports out of Colorado suggest concerns of negative impacts on local residents are unfounded. Legal cannabis operations appear to benefit neighboring communities through their contribution to economic development, charitable organizations, and community service programs.

Many California cities have chosen to compel positive industry influence by requiring a similar neighborhood compatibility plan and community benefits section as part of their licensing process. Applications are ranked on a variety of evaluation criteria during a four phase process. The neighborhood compatibility plan is part of the initial ranking, the section should address how the organization “will be managed, so as to avoid becoming a nuisance or having impacts on its neighbors and the surrounding community.” Applicants are assessed on the community benefits criteria if they move past the initial evaluation phase. The community benefits section should describe benefits the business would “provide to the local community, such as employment for local residents of the City, community contributions, or economic incentives to the City.” Community impact priorities vary between applications; businesses often identify program areas of interest. These initiatives look different for each marijuana organization, from neighborhood revitalization, to youth development, to environmental restoration.

California cannabis community impact is currently measured and viewed in terms of economic development and tourism. The potential economic impact from Proposition 64 cannot be understated in terms of job creation. Although evaluation models between Colorado and California are not directly comparable due to California’s existing robust medical market, legalization is sure to be a boon for the states job market. California’s pot paradise will attract a great deal of cannabis tourism. Marijuana enthusiast have been visiting the state for years, capitalizing on the existing commerce will be beneficial for cities embracing pot sales. Municipalities with strong opposition to legalization are taking steps to ban sales in an attempt to squelch pot tourism within their communities.

CITY COMPARISONS

Southeast Colorado cities Pueblo and Trinidad have fallen on good fortune thanks to the states green rush. Colorado’s marijuana law allows for local control, giving municipalities the option of embracing or opposing sales. The once booming, blue-collar, coal mining towns of Pueblo and Trinidad opted into Colorado’s pot experiment and have experienced an economic revitalization. Trinidad pot-shops are the first encountered traveling north from New Mexico on I-25. Trinidad’s border state status has created extensive marijuana-driven tourism, where the majority of customers come from out-of-state. Approximately 10% of Trinidad’s general fund is made up of tax revenue from yearly marijuana sales. The infusion of marijuana-related cash keeps local officials coming back for more.

A perfect storm of industry-friendly regulations and abundant sunshine, access to water, land, and labor, make Pueblo an oasis for growers looking to cultivate outdoors. Pueblo’s pot bandwagon offers hope to the once economically depressed city. Colorado municipalities can choose to impose their own tax; Pueblo County’s 2% excise tax on cultivation will collect more than $1 million this year. Pueblo has faced devastating unemployment rates since the Colorado Fuel and Iron Company shut its doors in the 1980s. The city’s current plummeting unemployment rate is closely tied to marijuana-related job growth. Cannabis projects are keeping Pueblo’s construction and real estate sectors satisfied. Pot taxes have helped fund the new Institute of Cannabis Research at CSU-Pueblo; the nation’s first cannabis research center at an accredited university. Los Sueños Farms, the largest legal cannabis farm by acreage in North America, calls Pueblo home. Marijuana has given Pueblo a new economic identity. Still, even in the most accepting cities, opposition rises. Similar ballot measures in both Pueblo County and City (Question 200 and 300, respectively) requested a repeal of marijuana ordinances for the sale, cultivation, and manufacturing of retail cannabis. If passed, forced closures of existing businesses threatened to shut down the burgeoning industry. Backers of the initiative cited a rise in homelessness, a new, and unsavory reputation, and illicit homegrows. Cannabis naysayers argued the increased cost of medical and social services attributed to an influx of marijuana consumers, outweighed tax revenue. Voters ultimately rejected the 2016 proposal choosing to stay cautiously optimistic of a regulated recreational regime. Pueblo’s market remains second, only to Denver, and perfectly positioned for the outdoor market.

Meanwhile, California community, Nipton, prepares for buzzed bliss. American Green, Inc. recently purchased the entire town of Nipton, taking the label of cannabis-friendly municipality to the next level. Home to 20 permanent residents and 120 acres, plans to resurrect the gold rush rail town could redefine cannabis tourism. American Green hopes to create the “first energy-independent, cannabis-friendly hospitality destination”, beginning their venture by bottling CBD infused water from a local aquifer. American Green wants to create a “hub for the production of cannabis-based products”, in addition to pot-based tourism. Mixed reactions often cloud small towns looking to cannabis to stimulate their economy, however, Nipton appears to be a clean slate. With plans to invest another $2.5 million over the next 18 months, the pot-friendly outpost near the Nevada-California border will be a unique social experiment and approach to legalization and revitalization. It remains to be seen whether this weed-friendly resort will turn Nipton’s gold past, into a green future.

Article Written By:
Jordan Courtner

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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.

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Cannabis Branding

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Cannabis Branding

Cannabis Branding Services

Cannabis branding is invaluable, it is beyond a catchy logo, and is the sum of your business’ reputation and personality. Clearly interpreting your identity is the most important element in building a successful business, differentiating you from your competitors. A brand activates your vision, creating a strong and loyal relationship with the consumer. It is the foundation piece of your marketing communications, telling your story and serving as a guide to understanding the purpose of business objectives. Brands add value for both employees and consumers.

Cannabis Brand Guide

Your brand represents who you are as a company; it’s what your customers and audience think of when they hear your company’s name or see your logo. A brand guide is a manual that captures your brand and makes it both understandable and replicable. A well-defined brand guide allows you to present your brand clearly and establish trust with your consumers. It also ensures, internally, everyone is working on the same page regarding your brand. A brand guide is a roadmap of where your design is headed and how it will get there. The purpose is to create guidelines producing continuity throughout a brand. The guide outlines the visual aspect of a brand – logo, color palettes, text type, and font size – while also maintaining content consistency – attitude and lifestyle of a brand.

Why Choose Us?

Higher Yields Consulting has years of experience in the cannabis market and decades of experience branding companies all over the world. Whether you are looking for retail or B2B branding HYC is your best choice to establish an effective brand for your cannabis business.

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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.

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Marijuana Business Investors

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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.

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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.

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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.

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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.

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

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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.

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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.

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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.

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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.

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