Thanks to Medical Marijuana reform, Cannabis is large enterprise. And if Colorado and Washington State are profitable with full legalization of leisure marijuana… maintain on to your horses – Maryland simply proposed a invoice to permit anybody over age 21 to own as much as an oz of marijuana!
So as increasingly states clearly contemplate becoming a member of the marijuana market, projections like these of investor community ArcView Group could also be fairly affordable. ArcView Group has acknowledged that the $2.34 billion US marijuana business in 2014 might develop to $10.2 billion in 5 years.
Now that is Big Business!
And Big Business requires Big Capital. Which is the place firms like Privateer Holdings, a hashish-centered non-public fairness agency, and ArcView Group are available. These firms attempt to match Marijuana entrepreneurs with traders within the rising Cannabis business.
But Joint Venture Partners aren’t essentially wanted for Capital alone. There are a number of talent units wanted in any enterprise enterprise, and sometimes discovering a suitable associate who can present expertise, data, and expertise that go with your personal makes for glorious three way partnership alternatives.
So, in case you are trying to develop Cannabis for both medical marijuana or leisure marijuana the place it’s authorized, contemplate the next expertise you might wish to add to your portfolio by connecting with the proper three way partnership associate.
1. Just as a result of you’re a good greenhouse grower doesn’t suggest you understand how to develop hashish.
- Would a tomato grower be equally certified to develop Kalanchoe? Can Orchid rising data simply switch to an herb rising greenhouse? Do Cucumbers and Peppers require the identical irrigation, crop spacing, and timing as roses?
- Growing a superb crop requires data and expertise. Growing a superb marijuana crop is not any totally different. Finding somebody who has data of rising hashish and in regards to the particularities of various strains of marijuana might advantageous.
2. Just as a result of you possibly can develop weed doesn’t imply you understand how to promote it.
- Growing and harvesting hashish is the manufacturing facet of the enterprise, however the biggest manufacturing course of, the perfect hashish crop on this planet, nonetheless wants gross sales and distribution.
- Medical marijuana requires a special distribution channel than leisure marijuana. Know what your goal marijuana market is earlier than you possibly can establish what firms could possibly give you a invaluable gross sales asset as a three way partnership associate.
3. Just since you are able to operating a small enterprise doesn’t imply you understand how to scale.
- Did you recognize that worldwide extra firms fail from rising too quick than from not having sufficient gross sales? And I’m not simply speaking the Marijuana Business right here.
- If you watch a present like Dragons Den or Shark Tank you will notice that entrepreneurial hopefuls aren’t simply in search of money infusions from these enterprise capitalists, additionally they need their expertise in going from small or medium to HUGE!
- Business development requires adjustments in processes and procedures. Cannabis goes to be an enormous enterprise. Early adopters have “first to market” benefit, however like all industries the fledgling Legal Cannabis business goes to undergo vital change as extra gamers enter the market and competitors will increase. Like conventional agriculture, or prescription drugs we’ll inevitably see a handful of huge dominant firms who’ve economies of scale, and some small area of interest market gamers dealing with specialty merchandise in a given area.
At GGS we’re dedicated to assist all our prospects develop their enterprise. We specialize in offering all of your capital gear wants for rising the perfect crop you possibly can. We provide greenhouses, benches, develop lights, irrigation, heating and environmental laptop controls tailor-made to your wants as a custom-made answer for you. We have gross sales everywhere in the world for all sorts of agricultural crops from herbs, to chop flowers, tomatoes, peppers, lettuce, to potted vegetation. We present turnkey analysis greenhouse services, propagation rooms, rising zones. And now we have expertise with aiding growers with GMP necessities and Health Canada necessities for Medical Marijuana for each warehouse hashish rising and rising hashish inside a greenhouse.
If you do determine to leap into this thrilling new marijuana market by rising hashish, give us a name to assist arrange the perfect marijuana rising facility for you.