GREEN BRO FARMS INC
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he most commonly asked question asked being in the Medical Cannabis Industry How can I get in the industry? is generally the first question asked. I alwaysreply first with what state can you move to and want to live in or do you wantto just buy stocks and invest or actually be in the industry and if so, in what aspect of the industry. Once the indivdual decides which direction they want to go is do you want to be on the corporate side or non corporate side of the business. Usually the next question is how much will it cost, then the convo gets alot more detailed depending on which state and role they would like to playin the industry. As of now I tell them Michigan has the best laws & cheapestliceneses in the country on both the corporate & non corporate side. In Michiganwe have a caregiver system as several other states that allows every resident of age to grow 12 plants for themselves as well as having upto 5 patients totally 72 plants per person and no cap asto to caregiver per residence, so in essence, sky is literally the limit. Yes the weather is a bit of a challenge hear and not for beginners and those not prepared being cold, wet and fluctuating weather & insanse humanity which is why the licenses are cheap because only seasoned vets will survivein Michigan, we’re not like northern california growers that have the most optimal conditions in the country with tempature & humidity.
By Jason Green
The next question if they made it this far is how much money can I make. Which is an unknown answer because their are so many avenues to travel down in this industry and finding what your place is. Like everything in life, its what you make it. The biggest thing I suggest to anyone getting into the industry is to know how the industry is moving as the industry is forever changing along with this country. The industry is different in every state on both the corporate and non corporate side. With the biggest inflation in this country in the last 40 years we’ve seen the prices and value drop 50% across the board really hitting hard at the beginning of 2022. The #1 reason being that California has supplied 80% of the country the last 25 years and now more and more states are becoming legal there is a major war going on over real estate between local states forcing California products out which has resulting in the value of products to drastically drop 1 year ago. Alot of people who jumped in 2020 when all of the PPP money was floating around have all mostly given up of dreams that they would become rich instantly. So Im clear this industry is not for everyone if your intention is to solely make money and become rich. In michigan weve seen many local growshops go out of business, dispensary prices drop to street value prices and taken the biggest hit ever in 2022, where the price of growers in California & Oregon has dropped to as low as $400 a pound in which has put us at this point in time where California is now in a decifit vs a surplus and 75% of the businesses are now going out of business and the governor of California has chose to move the 15% sales tax of growers to the dispensaries so the corporate side in Calirfornia & Oregon is on the brink of callopse as states like Oklahoma have not entered the market place and laws, cost etc has become the great escape for alotof Cali & Oregon growers along with states like Nevada, New Mexico all fighting for market share.
