i Live in CA
in 2016 is growing Marijuana a profitable business?
i run a few small businesses and thought about getting into this "industry"
am i fucking myself over dumping money into this. any stories. good? bad?
As a seller (dispensary or recreational shoppe), the banks won't accept your money as it's legality is not recognized on a federal level (US only). You'll need to hire a lot of security, and keep your money in a vault. Do not avoid paying taxes despite the opportunity to do so as businesses in this industry are under a lot of pressure to act responsibly and feds will look for any reason to shut it down.
All things considered, it is a very profitable business but in some states/provinces, you'll need a farm or large scale grow op (licensed, of course) to supply x% of your product.
I know of a family of farmers that got contracted into growing medical marijuana in Canada and despite all the annoying paperwork and government inspections, they're caking in money.
>>1108013
I work as a producer in the southwest area. Our medical program is a bit more strict than in your state (which is quite frankly borderline recreationally legal imo), and I think you should focus your money on cannabis products derived from growing marijuana. Believe it or not, growing isn't the hardest thing in the world, and most dispesaries have no problem getting bud to the shelves. However, edibles, extractions, etc are going to be all the rage in the next 6 - 10 years. Specifically solventless extractions.
Something to think about.
>>1108013
Yeah if you grow weed in the burbs and sell it to college kids, prob ez money.
>>1108067
What do you mean by ''all the rage''?
>>1108651
Reefer madness
>>1108067
>solvent less extractions
wut
I though it could only be taken via lipid solutions?