Everyone with the vision of opening an indoor grow will start their journey by asking the same important question: how much will it cost?
There are many variables to consider that can drastically affect your budget including equipment, size, location, and more. We’ll dive into what these variables are and present an example of what a start-up cost for a cannabis facility could look like.
Especially as more operators come online, the race to profitability is top of mind. Facing increased competition and uncertain economic conditions, investors are being more cautious. Operators seeking financial backing must be able to present a solid business plan and a clear path to profitability if they hope to win over investors.
Let’s look at some of the major components of your indoor farm startup and how much you may be looking at spending.
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