Anyone quit their job to grow full time?

tip top toker

tip top toker

Well-Known Member
This is all aimed at what seems like large businesses, not a dude growing cannabis at home, but when i was reading the bill it stated that medical marijuana was growing and selling, not personal use, and from everything else said, as a big business, with a storefront etc. I got a bit bored later on, what's the crack on just simply growing as opposed to all this business licensing?
 
sen.c

sen.c

Active Member
Just giving the original poster some insight into the costs of quiting a full time job to grow for a living. The poster wanted to know about growing for a living not for personal use.

Agreed the law is like most real vague in some areas and kinda open ended but legally if you are growing to supply card holders in Colorado all this is required to do it from a "legal" stand point. It really gets exspensive
but that was the States intention to keep out the everyday person. Then you have to keep records on file of every person you sell to so it really is alot more than people think from the doing it legal standpoint, it is a business.

If you grow for personal use all you need is a med card, but the minute you start selling it you better be careful sooner or later the cat will get out of the bag. At that point what you have to worry about is all the tax evasion, fines or not having the State required license and all the other stuff and that is when they make the example out of you. All these things need to be taken into consideration and the person needs to make sure "The Juice is worth the Squeeze."
 
UncleBuck

UncleBuck

Well-Known Member
sen.c said:
The $250 dollar fee is just to be a key employee.

You have to be bonded which is another $5,000

Medical Marijuana Center (Type 1*): $7,500 application fee
Medical Marijuana Center (Type 2*): $12,500 application fee
Medical Marijuana Center (Type 3*): $18,000 application fee
Optional Premises Cultivation License: $1,250
Medical Marijuana–Infused Products Manufacturer: $1,250
*Type 1=300 or fewer patients, all Colorado residents; *Type 2=301 to 500 patients;
*Type 3=501 or more patients.

On top of all that you have to figure in your security system, paying your trimmers, all your personal bills, the added electricity cost, all your equipment, all of your consumables and nutrients and everything else.
It can get exspensive real quick. Then on top of all that you have TAXES..........

Sure could you dance in the grey area of the law and get by cheaper, sure. The only problem is the first time you get caught then the cards fall, violating the Federal Stamp Act, trafficing, intent to distribute, not to mention giving the Medicinal Marijuana movement a black eye thus making it harder to get approval in other states because even though the make it legal people still want to go about it illegaly. Oh and don't forget the IRS.....

If you are going to do something that already is a touchy subject you probably should follow the letter of the law and keep a target off your back as well as the legitimate industry as a whole and not help perpetuate the "evil stigma" we are trying to get past.
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still not $30k :lol:

as far as the IRS goes, they let you send them taxes on illegal revenues.

http://en.wikipedia.org/wiki/Taxation_of_illegal_income_in_the_United_States

but the OP asked about becoming a full time grower, not a dispensary owner in colorado.

nice try at stretching it, though.
 
sk'mo

sk'mo

Active Member
$10,000*:

Lights
Timers
Fans
Filter
Fertilizer
Medium
Plants/seeds
Construction/tent
Hydro (3 months)
Miscellaneous (This one will bite you harder than you think.)
*not including shelter.
It's difficult to calculate what your expenses will be, You just need to sit down and do the maths. Remember to account for depreciation, transportation costs, and the unexpected. You will also need to pay for your own weed - even though you grow it yourself - Just take it out of your wage. But now I'm getting away from start-up costs so...

Weed is cheaper in Canada, but not $1500/lb. if it is, you must be dealing with substantial quantities - economy of scale type shit.

For whoever said that if you do this for money you are doing it for the wrong reasons:

"A genius is a man who is paid to do something he would gladly do for free."
 
tip top toker

tip top toker

Well-Known Member
As i said, all depends on what your actual monetary requirements are. For example why would i spend 10k on a grow when all i personally need is 5 ounces a month, that's not really big grow op territory, that's around the same territory as my shitty little cupboard operation :D I smoke it all instead though :p
 
NoGutsGrower

NoGutsGrower

Well-Known Member
oakley1984 said:
you live in the states, i live in bc canada, completely different market, our 1500/lb shit, is your 3500/lb pot.
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For the most part I would have to agree with you oakley! Nothing to do with start up costs but bud prices. I'm from Washington originally, My buddy would move weight and I would go pick stuff up for him in blaine (Border city to canada). I would bring some FIRE back down to the Tacoma/Seattle area and he was only paying 2k a lb, and that is after it crossed the border! BC weed has been getting better as well, there is a lot less outdoor and a lot more high quality indoor grows because price is dropping so they need the quality to make any money! I'm sure the're dry spots or people that don't know where to get it but for the most part it is pretty plentiful! But at the same time here in California, If I wanted I could get an lb of some fire for 2k, but that is only because it's from a friend and I grow enough that I never actually take him up on it! You want the best of both worlds, move to Washington! it is a med friendly state it gets shipments from BC, Cali and Oregon even B+ weed can be sold for 3200. I didn't do any selling or take money just a lot of driving around and my buddy would pay my bills and feed me, had my card and a few other cards on me so I could "legally" move weight.
 
jas6118

jas6118

Well-Known Member
I lost my job a year ago. There are no jobs in Cali so I’m looking for some acreage in the desert to rent cheap. After a couple of small grows with cfls netting about 14 ounces each I bought a 1000w hps but am thinking of building a greenhouse instead. The hardest thing about this business I’ve found so far is unloading the stash. I am a member of several collectives and have had no luck with them, they say they will buy stuff from their members but then don’t, even though it’s pretty dank and cheap, really turned off by the whole thing. Good luck. Oh and the one time I was in Canada most of the people were DICKS, I see that hasn’t changed.
 
newworldicon

newworldicon

Well-Known Member
oakley1984 said:
the only time to quit your job to grow, is when its a full time job growing...
as for your opinion i honestly dont care what you think... have you ever seen 100+ lbs packaged and ready for delivery to another country?
theres only a few places in the world with that kind of volume in trafficking in single sales.
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You need to get out then, this happens all over the world on a daily basis.
 
newworldicon

newworldicon

Well-Known Member
jas6118 said:
I lost my job a year ago. There are no jobs in Cali so I’m looking for some acreage in the desert to rent cheap. After a couple of small grows with cfls netting about 14 ounces each I bought a 1000w hps but am thinking of building a greenhouse instead. The hardest thing about this business I’ve found so far is unloading the stash. I am a member of several collectives and have had no luck with them, they say they will buy stuff from their members but then don’t, even though it’s pretty dank and cheap, really turned off by the whole thing. Good luck. Oh and the one time I was in Canada most of the people were DICKS, I see that hasn’t changed.
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14oz from CFL's hey...........
 
lowrider2000

lowrider2000

Well-Known Member
i think the only way to make money is by doing it illegally.............and you need to have a connect in another state to unload your product... thats why its always good to start small and build your clientele....i know for a fact that my boys get there shit shipped from cali in the ups if it fits it ships box and i know its from cali cus it comes in those viles we dont have that in FL we use zip lock bags lol
 
I

irieie

Well-Known Member
its not just the start up cost you have to worry about. you must have saved up enough money for at least three months of personal and operating expenses. also if you have no experience, most likely no one will want to buy your product until about your 3rd harvest when the quality has improved. just like any profession, you can not expect to know what you are doing right off the bat. and lets face it, if you cant figure out all the research yourself on what you need and where to get it then you are obviously lacking in experience. a better way to start would be to set up a small closet grow like 400w and see what you can do. dont quit your job, it may suck but a steady pay check does not.
 
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