Good Agricultural and Collection Practices (GACP) Archives - Cannabis Business Executive

Caveat Emptor: Buying and Selling a Cultivation Facility, Part Two

September 5, 2022
Ryan Douglas
Cultivation
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By Ryan Douglas Limited license states present two distinct opportunities for cannabis cultivation entrepreneurs. First, the prospect of launching and operating the cultivation business as an ongoing source of revenue, and second, the chance to sell it to another company.…

How to Determine the Best Way to Grow: Part Two

There are three ways to cultivate cannabis commercially: hydroponically, organically, or a hybrid of the two. HydroponicsHydroponics is the practice of growing plants without soil. Instead, growers provide plants with an oxygenated, nutrient-rich solution delivered directly to their roots. The…

Understanding CapEx and OpEx Requirements for a New Cultivation Business

January 10, 2021
Ryan Douglas
Cultivation
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CapEx costs are the capital expenditures required to launch a cultivation business, while OpEx costs are the day-to-day operational expenses of running that business. These figures are substantial and vary widely between indoor, outdoor, and greenhouse operations. Understanding CapEx and…