An increasing trend in cannabis licensing and applications is either for applicants to be required to list expected energy consumption (Oregon) or to award additional points to those planning to use energy efficient equipment (Illinois).
Your state has legalized either medical or recreational cannabis and it looks like a great business opportunity. One of the first hurdles that must first be completed before entering the legal cannabis industry is the application process. Each state has different rules regarding how licenses will be awarded - some are based on a lottery, some based on the highest scoring application, and other simply award a license to everyone who meets the minimum application requirements. Regardless of how your state decides to award licenses, there are a few things that have thus far been consistent across all states. Here are 7 things you can expect when applying for a cannabis business license.
With the difficulty of finding financing in the cannabis industry, it may be tempting to build a cultivation facility as cheaply as possible. While this may sound like a great option in the short term, chances are, you will be kicking yourself in the future as monthly bills stack up, making it difficult to turn a profit.
So your state recently passed legislation for legalizing cannabis or is about to open the application process? (Here's looking at you Maryland, Oregon, Alaska and Hawaii.) Whether medicinal marijuana or recreational cannabis, if you are thinking about applying for a license, there are a few important things to keep in mind, especially if you plan on cultivating.
While starting a new commercial cannabis cultivation operation may seem daunting at first, there are a few simple actions that you can take to make everything go as smoothly as possible. Ideally, all of these things should be planned out before starting to build the grow, but some aspects can be added in phases if start-up finances are limited.
In order to get a commercial grow up and running, you are going to need man power. While there are many jobs within a grow, there are three key positions that every good cultivation site needs to get started: a knowledgeable grow room designer, an experienced facility/maintenance manager and a master grower.
With the staggering numbers coming out of Colorado and Washington for recreational sales in 2014, the cannabis industry is looking more and more promising every day to potential business owners. However, before jumping into the foray and declaring yourself a proud license applicant to grow cannabis in your state, there are some important facts you need to know.