This is actually a matter of business.
There's pretty good money to be made in the legal pot business. I know a grower. In fact, I know quite a few people who grow dope, some better than others.
One of them and a couple of his friends have a grow op that sells wholesale weed to the various legal weed stores.
It's weed, so banks still aren't giving loans.
These guys want enough money (and land) to put in a big ol' greenhouse. (They want a loan, in other words.) They are one of the (many) growers that sell to dispensaries and legal (recreational) pot stores.
They have a pretty solid business model, but I'm stoned every time they ask me about it. Or soon after.
I should probably do it. It'd mean a lot to them, and cost me not a whole lot of money.
It's a pretty solid deal for me.
As long as it's all legal and they can grow the quality bud it should be a no lose proposition. The demand is there without advertising costs at all
They start me off with a percentage of their business and they then pay that off to me (paying off my original investment) and then, when that's done (in 3 years they say), I will still own 20% of the business with the option to buy, hold, continue to invest, etc...
They don't even want that much money. I've got the land. If it fails, I get a 'free' greenhouse. I can put another greenhouse on the farm pretty easily. I ain't even gotta pay to prepare the landscape. Not directly, I pay it in the hourly fees I pay to keep the farm going.
This is also the first time he's really asked in earnest, with a business plan and everything. He's got his shit together. He's making a tidy living as it is. He's clearing 100k a year by himself. That's like 60k after expenses. My total investment will be under 6 figures. I spend more than that on a car.
Is it extra good bud?
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