Getting a warehouse

[Heathro]

Ive been thinking about moving to the Denver area and getting a warehouse. I was recently talking to a guy at a denver hydro store and he made it sound like setting up shop wouldnt be that big of a deal. He said colorado was like the wild west right now because theyre still trying to set up all the laws.

He said that inspections by the fire dept wasnt a problem as long as you were up to code.
Also said that if you did ever get into trouble from plant count that you could just have X amount of people claim you as their caregiver.

Pretty serious about this, anybody have any experience, info or input?

 

[RetiredMatthebrute]

with Colorado becomeing a legal state i would imagine your not the only one with this idea, meaning the more people producing means the more cometition you will have and the less your quality canabis is going to be worth...

i would think setting up shop in a medical state would be more profitable....but i dont have any experience. but it would be like trying to open a gas station next to a gas station....when people have the option they will go to the station with lower prices. meaning you have to compete with that and always keep your prices lower......


anyways best of luck on your adventure how you get someone with more knowledge on the subject to respond.

 

[NEEDMMASAP]

Ive been thinking about moving to the Denver area and getting a warehouse. I was recently talking to a guy at a denver hydro store and he made it sound like setting up shop wouldnt be that big of a deal. He said colorado was like the wild west right now because theyre still trying to set up all the laws.

He said that inspections by the fire dept wasnt a problem as long as you were up to code.
Also said that if you did ever get into trouble from plant count that you could just have X amount of people claim you as their caregiver.

Pretty serious about this, anybody have any experience, info or input?

About 50 years ago my high school friend came up with the same idea , I told him we probably could not come up with the funding , he said we could just run it by hand to start with . I thought whorehouses were illegal in Colorado ? Just joking , You have an excellent idea there , hope it works for you .

 

[303]

Ive been thinking about moving to the Denver area and getting a warehouse. I was recently talking to a guy at a denver hydro store and he made it sound like setting up shop wouldnt be that big of a deal. He said colorado was like the wild west right now because theyre still trying to set up all the laws.

He said that inspections by the fire dept wasnt a problem as long as you were up to code.
Also said that if you did ever get into trouble from plant count that you could just have X amount of people claim you as their caregiver.

Pretty serious about this, anybody have any experience, info or input?

Good luck finding a mmj friendly landlord. That will be the hardest part.

 

[Trousers]

Oh, you talked to a guy in a hydro shop?
I'm sure that will go well for you.

 

[CaptainCAVEMAN]

Maybe start with a lawyer. Then head to a real estate agent. While the agent is working on what you require, you'll want to go to the architectual design company that is going to draw up the plans required for your electrician to follow. Then head over to the electrician's office with your plans so he can figure out how much that will cost. By now the real estate agent should have you all set, though it wont be where you wanted it. Whoops, I forgot to mention that you have to go back to the lawyers office between each of these steps.

Now, this is important - go back to the hydro shop that said this would be pretty easy and buy ALL your stuff from him. Don't worry - if he doesn't have some of it on hand he can order it for you. After your electrician gets everything installed, you can have the Fire Dept., Regional Building Department, DEA, city, county and whoever else thay say needs to inspect and sign off on all required permits do the required inspections.

Then you could plant your first plants, maybe.

I'm sure I've oversimplified and it is actually much harder and more costly. Good luck man!

 

[TruenoAE86coupe]

Good luck finding a mmj friendly landlord. That will be the hardest part.

Actually believe it or not finding the warehouse itself at this point is getting tough. Any landlord who had the interest and the space probably already had it filled.

Caveman is spot on here, expect roughly $250,000 investment before you can plant a single seed or clone. Expect at least $25,000-50,000 just to get the ball rolling, and if it doesn't work out, very little will be recoverable.

 

[Bubbagineer]

Yeah, warehouse space is hard to find. I leased a 6K sqft whse zoned light industrial within the last year. I looked for 9 months, and it was for my day job (i.e.non mmj business). Got it for $7/sqft + ~$1.50/sqft NNN on a 5 yr lease. Pretty good price for the market, but its in the boonies. I suspect anything in Denver will be much more than that... I wonder how much landlords jack up the rent for the risk associated with leasing to mmj? I bet it's double or more, might want to figure that in your plan.


Sorry man, IMHO I think it would be a tough go to make a decent return on investment unless maybe if you go really big with the facility. If I had the kind of dough it would take to make a big enough run at it, I would probably just head for an island somewhere with palm trees and such....and weed, but that's just me.

 

[TruenoAE86coupe]

Honestly the one warehouse owner i know didn't raise the rent at all for the MMj business that moved into his place. In fact he had us do a fair amount of tear out at his cost to make it worth it for them. But that was 4-5 years ago now, its a different market. Of course, they are still in the space paying the rent on time and no issues at all to this point, they have only called us in once for maintenance in all that time, everything they have taken care of themselves.

 

[Bubbagineer]

That's the kind of landlord to have, surely a private owner. That's all I will lease from now after a bad experience at a corporate owned place. And yeah, I do all my own maintenance too, which has been my experience with light industrial leases (except shoveling snow - that's covered in NNN). I once had a private owner not raise rent on me for 10 years because I always paid on time and took care of the joint.

 

[zubey91]

Good idea... However about 3-4 years ago when they raised the number of paitents an caregiver can have... And the industry exploded.... Everyone had the same idea. Just know you will have to go through hell and back to get the grow legal. And then trying to get shops to buy your product... It better be top top top notch cuz 90% of the ops have master growers with botany degrees.

 

[lvtokerr]

The mmj market is flooded with lbs for 2000...

 

[hotrodharley]

Ive been thinking about moving to the Denver area and getting a warehouse. I was recently talking to a guy at a denver hydro store and he made it sound like setting up shop wouldnt be that big of a deal. He said colorado was like the wild west right now because theyre still trying to set up all the laws.

He said that inspections by the fire dept wasnt a problem as long as you were up to code.
Also said that if you did ever get into trouble from plant count that you could just have X amount of people claim you as their caregiver.

Pretty serious about this, anybody have any experience, info or input?

Yeah. Lawyer. Screw what some guy at some store said. Trust this - the Feds don't give a hoot about any Wild West. See "El Paso" and "Laredo".

 

[TruenoAE86coupe]

So rent for the warehouse (of any decent size) is only 4lbs or so a month right now, before you turn on a light? Seems like a profitable business to me.....

Another one of you guys who i should have met by now and have not, lvtokerr, whats up man? Why haven't we met up yet? We should get together and burn one sometime soon.

 

[chef c]

The mmj market is flooded with lbs for 2000...

And not enough for 6k!!!