Sourcing Cannabis Products That Fit You
And Your Abilities Best
Step 6 – Product Source
“I guess if I’m a product, either you’re chocolate, vanilla, or butterscotch. You can’t be all three.”
– Bruno Mars
Congratulations! You know what type of product you want to make. If you don’t, that’s okay; keep reading along. Who is your customer going to be? Do you plan on creating this product yourself, or reselling a product that has already been created? These are all key questions to creating an avenue and roadmap to your success. Next, I’m going to give you some information that will help you focus on the source of your product.
If your plan is to grow the raw cannabis, it is a good idea to spend some time researching the expenses and startup costs that are involved with commercial production. Growing is a very capital-intensive business. There are many upfront expenses that you may not be able to recover for 2–4 years. If this is your dream, don’t be discouraged, but just be aware of your timelines in order to create the right plan.
So, you want to become an extraction company. Extracting cannabis is an exciting direction to take. If you enjoy science, this might be the best direction for you to take. Just like growing, taking this path can be very capital intensive. In this process, there is a lot of lab equipment required to be purchased, and building a lab is very expensive too. This will also require you to spend some time researching many of these items you need in order to become a commercial extractor. It’s good to estimate that it will take you 3 to 4 years to recover your initial investment. As mentioned before, there will be many obstacles getting to this point, but once you’re there, it is extremely profitable.
To be continued…
To continue reading please purchase your copy of From Black Market to The Man:
- BONUS 1: IRS Memorandum – Background and Breakdown of 280e, Cannabis Tax Audit Expert
- BONUS 2: Package Bonus #1 – Colorado Marijuana Enforcement sample, Attorney Bill sample, Approved National Association Group
- BONUS 3: Package Bonus #2 – Template business samples, MNDA sample, Banking Loophole
- BONUS Video: – The Ideal Harvest Optimized Cultivation Facility
Congratulations for choosing this book! I have no doubt that it will change your life for the better. It will inspire you to achieve your dreams and to live the life that you have always wanted to live!