According to urbandictionary.com, if you flip something you make a profit out if it. The same could be said in our industry for the term flip. There are a several good reasons to operate your grow on a “flip.” This basically means to never run all your grow rooms on the same schedule. Why is this important? To understand this, we must understand peak energy times.
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For many, the cannabis industry is an exciting new world. The days of secret, basement cultivation are behind us and we’re moving into an era of legitimate commercial businesses. Besides the obvious benefits of avoiding prosecution and participating in a legal enterprise, this migration also offers the industry a chance to share ideas and best practices to achieve a quality, consistent and safe product.
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As cultivators and owners know, building out a commercial sized facility takes a lot of time, patience and money but can be extremely lucrative in the long run. Large-scale commercial facilities that are up and running are generating huge profits, mostly in cash. But this type of revenue takes time. To get to a place where a facility can sustain itself financially, owners first must go through the long and expensive process of licensing, permitting, obtaining land and/or buildings and, of course, choosing lighting and environmental control.
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You’ve finally gotten your license and funding, picked out a facility, picked out equipment and pulled the trigger. Now what? Sometimes, the hardest part of setting up a facility comes when you’re ready to begin construction and have to get everything in order. You want to be sure that your new equipment is going to be installed and maintained correctly and efficiently, offering you savings on operating costs and the peace of mind that your plants are healthy and safe all hours of the day.
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