Are you looking to get into the cannabis industry? The cannabis industry reached $10.8 billion in the US in 2021.
Growing quality cannabis can be a great way to start or grow your business. But it’s not easy. There are many factors that go into producing high-quality cannabis, from selecting the right strain and equipment to understanding how climate affects growth.
With our guide to commercial cannabis growing, you’ll have all the information you need at your fingertips. We provide step-by-step instructions on everything you need to know!
Read here now for our comprehensive guide on commercial cannabis growing!
Is the Cannabis Industry Profitable?
The cannabis industry is booming, and more investors are recognizing the enormous potential of this booming industry. Investors are eager to learn if cannabis offers opportunities for lucrative profits.
Many have discovered that the cannabis industry provides a rewarding business venture, from:
- Retail shops
Not only do dispensaries offer customers potent products, but there are also numerous product lines available from
With such vast and diverse product lines, the cannabis industry can be extraordinarily profitable for those looking for ambitious investments. Ultimately, it has become clear that pursuing the canna-business is a great investment opportunity with immense financial promise.
Getting Started: A Guide to the Different Types of Cannabis
Navigating the wide array of cannabis strains available for commercial growth can be daunting. You will have plenty of places that can overwhelm you, from:
- Sativa and Indica based hybrids
- Different phenotypes
- New and changing trends
It’s important to familiarize yourself with the properties of each strain;
- Researching whether they should be grown indoors or outdoors
- Their flowering times
- Cannabis effects
- Other relevant information
Researching how strains handle different climates is key; some are better suited to colder weather while others don’t do as well in changes in temperature. Experienced growers can find success by experimenting with different types of cannabis strains and cross-breeding them, depending on their needs and resources.
You can find the combination that suits your needs best and reap the rewards, with:
Commercial Cannabis Setups: The Essentials for Growing Cannabis
Growing cannabis as a business can be incredibly profitable, but requires taking a few key considerations into account. One of the most important parts of setting up your indoor cultivation facility is designing its layout with the specific purpose of cultivating indoor marijuana plants in mind. You’ll need to ensure your facility includes:
- Proper temperature and humidity control
- Air ventilation and filtration
- Lighting systems
- Co2 supplementation
- Security/privacy systems
- Water access
- Treatment capabilities
Taking the time to design an indoor cultivation facility properly with these elements in place will provide you with the best chance for success. It’s worth investing energy and money into having a plan before you grow!
Next Steps: Harvesting and Curing Your Crop
Knowing when to harvest and how to cure your cannabis crop are two of the key elements required for successful commercial cultivation. Although more experienced growers may have less trouble judging the right time to harvest, beginners should take their time and rely on external guidance.
While most cannabis plants grow to maturity within 10-12 weeks from the germination date, the flowering stage of drought-tolerant varieties may take up to 12-14 weeks. Harvesting too soon or too late can reduce the quality and yield of the crop, so pay attention to signs like changes that typically indicate it’s time to harvest, such as:
Once you’re ready for curing, start by gradually reducing light and temperature followed by trimming off leaves before curing buds in airtight containers with humidity levels between 55% and 62%. Curing at a low temperature over a few weeks encourages terpene production responsible for imparting flavor and smell. It will also provide an enriched experience when smoking the flower.
With careful monitoring through every step of the process, you’ll be successful in selling your own commercial cannabis crop in no time!
Financing Your Business Plan: What Are Your Options?
Starting a commercial cannabis growing business can be a costly endeavor, and obtaining the necessary finance to capitalize on your project can be a daunting task.
Finding the right investors is key, so research potential sources of funding early in the planning stages of your business plan. Once you’ve identified possible investors, create an extraordinary pitch to persuade them of why yours is an exceptional concept that deserves investment.
Depending on the size and complexity of your business plan, financing options may include banks or other private lenders that are approved to provide loans for cannabis-related investments. Whichever form of financing suits your needs best, it’s important to ensure that all legal requirements have been met before getting started.
Additionally, consider diversifying financing so that you don’t rely on one form of financing. This can include:
- Collateral of other assets
- Crowdfunding options
- ICO offerings
What About the Legal Requirements?
Before getting started with commercial cannabis growing, it is important to understand the legal requirements in your region. Regulations can be complex and vary widely from one area to the next. Familiarizing yourself with regulations early on will help prevent any costly violations or delays, such as:
- Local zoning laws
- Permitting mandates
- Licensing processes
Even if you aren’t yet planning to open a business related to cannabis growing, ensure you are aware of any relevant legal restrictions in order to steer clear of issues that can arise further down the road. Doing so will also provide peace of mind when deciding how and where to begin your commercial venture into cannabis growing.
Cannabis Growing 101: Get Started with Nizym LLC
If you’re ready to start or grow your cannabis business, Nizym LLC is here for you. We provide a comprehensive guide to commercial cannabis growing that will help get your venture off the ground and ensure success in the long run. From harvesting and curing tips to financing options and legal requirements, our team of experts has got you covered every step of the way.
With our expertise in this rapidly-growing industry, we are confident that partnering with us can take your cannabis business from an idea into reality – so don’t wait any longer! Contact us today to discover how we can collaborate together on creating quality cannabis products for customers worldwide.