Date: September 15, 2021
Read time: 6 minutes
Medical marijuana patients 18 years and older will be able to grow up to 3 mature and 3 immature plants at home starting October 1, 2021, with a cap of 12 total plants per household. All adults over age 21 will be able to grow under the same rules starting July 1, 2023. Plants must be grown indoors and must not be visible from the street. People who choose to grow their own plants must do so in their primary residence and where individuals under 21 can not access the plants.
Can I grow cannabis at home?
In the interim, private investors have filled the void where traditional funding options would usually exist. Venture capital, private equity funding, angel investors, private lenders, and cannabis business consulting firms that invest in cannabis ventures.
Seeds allow a grower complete control over the entire growth cycle, but the process takes longer as a result. Getting clones from another grower will speed up the process, but leaves the plants susceptible to mold, disease, or shock if replanting is required.
As far as bestsellers go, there’s not a lot of strain-specific sales data available, but since most cannabis seeds are sourced from the Netherlands, it’s not difficult to find information about the best-reviewed and most popular strains.
There are three types of cannabis seeds a first-time producer can purchase: feminized seeds, regular seeds, and autoflower seeds.
Budgeting and Financing Cannabis Business Ventures
Some small businesses in Denver are trying a new approach to reducing carbon emissions through capturing carbon dioxide produced by beer fermentation and recycling in it for use in cannabis operations.
Whether you’re a first-time grower or experienced in the art of growing cannabis, you’ll need one thing above all else: space. You can grow a handful of plants in a 5′ by 10′ grow tent, but those looking to make a splash in the cannabis industry should consider a professional cannabis grow facility to ensure top-quality product and consistency in production.
Solar energy is becoming increasingly affordable – especially at larger and more significant scales. Colorado, presumably spurred by the initial successes and yet substantial energy costs of its early recreational cannabis industry, more than tripled its renewable energy since 2010, now generating more than 30 percent of its electricity from reusable and renewable sources as of 2020.
Recycle Water and Collect Rainwater
Running a successful commercial cannabis grow operation is an expensive challenge. While growers can maintain a higher level of control over humidity, available light, and pests in an indoor environment, maintaining proper light levels and staying as energy-efficient as possible are top priorities for commercial cannabis production operations.
The cannabis industry is changing fast, meaning information relevant to today’s sales data, legal restrictions, and best practices may become quickly irrelevant tomorrow. Full-time research and development efforts are important to any industry, but the extent to which changes in the cannabis world are occurring requires a closer eye to current news and industry reports.