Calculating Cannabis Business Startup Costs

Before deciding whether or not to invest your time, effort, and money into starting a cannabis business, it may be wise to take a close look at the initial start-up costs.

In this video, Jim breaks down the estimated fees and costs associated with starting a cannabis-based business and some considerations to keep in mind as you begin your budgeting.

If you are looking for help to build out your financial models or creating proformas and business plans, then please contact our team today.

https://GreenGrowthCPAs.com/get-started or call 800-674-9050

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26 Comments

  1. John Boykin on November 2, 2020 at 9:09 pm

    Good grief. Sounds way too precarious



  2. PHOTO7 on November 2, 2020 at 9:14 pm

    Thanks for the video,, I have money but not what you foresee. Thanks I will move on. In Vegas a Real Estate licence is about $1800 a year for state and local fee’s, plus finding customers you will not have in your pocket.



  3. David Sean on November 2, 2020 at 9:16 pm

    100%



  4. Louis Liu on November 2, 2020 at 9:17 pm

    What size of facility can I start with just $20000 dollars



  5. Angelica Perez on November 2, 2020 at 9:17 pm

    I have a question hopefully I can get a response Do I need to invest in a real estate and have a place rented out or owned before I apply for licensing and all of my requirements ? Is that needed before everything else ?



  6. Trevor Anthony on November 2, 2020 at 9:18 pm

    Thanks for the advice me and my girl are going to do it by ourselves after my deployment 😎



  7. brandon berrios on November 2, 2020 at 9:19 pm

    Can someone try and give me a breakdown for upstate New York?



  8. Rosa Valencia on November 2, 2020 at 9:25 pm

    I need an Incubator In Oakland, Ca. I have the licenses for Storefront and Delivery just need someone who can provide the Location and Invest.



  9. JuneDa1st on November 2, 2020 at 9:26 pm

    Do people have to pay for consultations to speak with you guys on this stuff?



  10. Elijah on November 2, 2020 at 9:31 pm

    Hey can you start a non-store front in california for around 20-30k? Or is that just a wish.



  11. guest on November 2, 2020 at 9:33 pm

    I don’t much money but i do want to open a dispensary in my neighborhood



  12. samar Diab on November 2, 2020 at 9:33 pm

    Can you makes edibles in your home to eliminate rent ?



  13. OneOf Many on November 2, 2020 at 9:35 pm

    Do you know anyone in Canada doing the same thing as you are all doing? Highly interested and highly motivated Individual



  14. Rob Sol on November 2, 2020 at 9:36 pm

    So just point blank, starting up, ballpark spitball estimate is what something like 250-500k? Cause holy shit there’s so much to this. Your videos are truly a blessing to younger generations interested in pursuing cannabis as their career and passion. I now know realistically that the road will be very hard and difficult but it 100% possible with the right amount of planning, preparation, cash, and information. Thank y’all so much!



  15. JOSEPH PANTOJA on November 2, 2020 at 9:36 pm

    HELLO 👋 I JUST WANT to say that your Info and video content IS VERY MUCH INFORMATIVE AND PROFESSIONAL,learned allot bout THIS BUSINESS.Kinda lol but VERY MUCH INSERTED TO GO A LITTLE FARTHER IN A PLAN OR SOMETHING LIKE THAT TO NOT ONLY HELP THOSE THAT BENEFIT FROM THE CANNBIS BIZ.BUT WOULD VERY MUCH LIKE TO TAP INTO THAT LEGAL MONEY’S….WHATS THE BEST WAY TO GET INVOLVED IN COMING TOGETHER WITH SOMEONE WHO I CAN JOIN WIT TO GET SOME LIKE THAT GOING.??? LIKE INVESTERS,OR A GROUP OF PEOPLE WHO CAN USE WHAT I CAN BRING TO THE TABLE OF HELPING OUR CLIENTS AND ENJOYING THE HEALING SERVICES TO THOSE,AND TAPPING INTO THE LEGAL PROFITS 📈. HOW DO OR WHERE WOULD I FIND THE PEOPLE WHO CAN USE WHAT I HAVE TO POSSIBLY GET SOME THINGS SET UP.OR TO SEE IF I DO HAVE SOME THING TO WORK WIT..??WELL AWSOME CONTENT.THANKS FOR YOUR TIME….JOE OKLAHOMA…



  16. DIVINE FIST81 on November 2, 2020 at 9:40 pm

    I just wanna sell at farmers markets (seshs) what forms do i need to operate a booth.



  17. Azlan Khan on November 2, 2020 at 9:41 pm

    bro how much production in 1 acre ?



  18. Billy Bungwhole on November 2, 2020 at 9:41 pm

    I know the most talented people in the Cannabis Industry in Colorado. I have an all-star team. I also grew up with the richest people in the US under the age of 40. I have the problem of connecting the two! I need to draw up a real solid business plan. I an overwhelmed. Thanks for your videos!



  19. Kenneth Eduardo on November 2, 2020 at 9:51 pm

    is Mexico getting legal pot business soon? and if, would it be similar to the US system or that would depend on the government hands?



  20. Bluez Skyz on November 2, 2020 at 9:56 pm

    What is a budget for an down area of colorado



  21. Brandon Martinez on November 2, 2020 at 9:58 pm

    Appreciate your guys work



  22. BIGGZ THEMASTER on November 2, 2020 at 10:01 pm

    Do all of these requirements stand for Non storefront ?



  23. Flower on November 2, 2020 at 10:02 pm

    Wow, lots of capital, this should not be a rich person business. I am a nurse and I preferred this education to my patients, I want to be a part of this business. What about harvesting and growing cannabis in another country, is that happening?



  24. Achaeos Salisbury on November 2, 2020 at 10:02 pm

    We are 3, a guy with a shop. a guy with money, and a guy who studied botany, life long-gardener & landscaper.
    We are in Oklahoma. I am the plant guy. My buddies were talking huge profits but I am skeptical of the numbers.
    We can retrofit the shop with climate control, light etc, no problem, we have these skills. I guess I need to hear, this is going to be OK.
    They seem to think we will each get 6 figures.



  25. Jvsus on November 2, 2020 at 10:02 pm

    What if you want to buy the property not rent



  26. OC Guy on November 2, 2020 at 10:05 pm

    thoughts about a delivery service ?