i have xtra units every year and always willing to ship units for cheaper prices. my tennats pay part of their rent in tree because i lease farms. So i can compete at any price.
Its funny how a plant that grows naturally can be illegal to be sold, but alcohol which is an entire process with only negative effects on the human body is a lot easier to produce and sell.
Trade with an expert else you will lose all your capital and you will drop off the market The importance of professional mentorship of an expert should be the first step of trading
Stay strong all you legends. It sucks so many good people had there life’s shat on for selling weed. I did not realise how hard the government are making it to sell legally for anyone but themselves
@@promptingbeastai bro that sucks. So many people have lost there prime years for selling a harmless drug. It’s all about money and control. It’s ridiculous !
What? In jail for starting a weed business? No, there is not. There are people in prison for illegal practices (illegal growing, selling, possession, etc.) where it is not, or was not allowed. Laws are laws and if you play you pay. SIMPLE. Should it be illegal? No, absolutely not. However, it is/was. Illegal is illegal, I have no sympathy for knowingly breaking laws and then getting busted.
@@AriesGirlTAROT they just said it in the video stupid. The point is People were getting 20 years for weed but then the gov. Passes laws allowing people to sale it and now its a billion dollar industry. The gov. Wouldnt legalize meth or cocaine. But because it was a harmless drug it destroyed thousands of black men and womens lives.
Well thousands of people use paper, pencils, wooden shelves. Chairs, couch frames, tables, doors, stairs, and counter tables. daily. And theres not that much use for cannabis othrr than recreational. Makes sense that there will way looser laws regulations regarding harvesting trees than cannabis
@@Taxman5028 That's not the point. Yes, there is demand for lumber, but companies continue to harvest excessive stock of wood and cause lots of deforestation without any ramifications or requirement to re-plant said trees lost.
I work at such a plant. If the slightest thing is mislabeled we can be shut down and they will take indefinite amounts of time to check everything we've been doing. Health codes are far stricter then any food industry and the state can absolutely check our cameras at any moment. If you wipe your nose(even if it's your sleeve at your shoulder) at the wrong time and don't immediately go to wash your hands then they will definitely call and most likely get you fired. It's not as easy as it sounds to average people
You might think so, for legal issues if the grower has issues they cant just walk away from the process. If they do then they can just also be dealing on the side & if they get caught they csn just leave.
It's the same thing with a car dealership. You have to rent a location with parking spots,Phone,Fax, Internet before they will even accept your application.
It is the same thing with a distillery... my parents own a distillery and it had to be all set up and ready to go before we even applied for the license
In other words: we make it hard and very expensive to sell cannabis so that the common folk could never think about making money with it. This is for major conglomerates to make money as usual.
Where I live there are several folks who had money into dispensaries or similar and simply stopped working in their 30's or 40's because they cashed out. Tons of money in the industry, "common folk" still getting paid.
welcome to the world of business and coporate lobby and the bribery of congress just to increase profits, tax evasion and massive deregulation. The corruption cartel in congress is going to get bigger it seems with the addition of this indusrty.
In my country, when you get caught with marijuana, either you get the gun or you have to work your way out by using connections and paying huge amount of money to corrupt officials. I understand medical marijuana, but legalizing and using it for recreation is such a first world concept for me.
Being rich doesn’t make you wise, my friend. “The rich man who loves his riches is very poor, lo, there is no one as poor as he in the whole creation.”
As someone who has worked for major cannabis corporations, this is a fact. This has all changed now, if you know about hemp extracts.. the rec market is about to tank in November, mark my words.
Its not even one of those situations like ‘if it was easy everyone would be doing it’, the restrictions are so specific and harsh that make it very hard for anyone to grow it on an industrial scale, unless you have lots of time, money and political power to get past all of the hurdles involved
A few years back in Cali when alot ppl were trynna get their business started ppl where telling me the paper fees just for them for even consider you opening up a shop cost around 40,000 that's just paper fees.
@@LewisSmithJr I remember there used to be groups that would form just to open a shop. Multiple investors would pool their resources together and open multiple shops in a city, then the Sheriff would go around kicking in their door and stealing their products and money (and in one case they were even recorded eating edibles while in full gear, right off the display counter). Then the shops would just trade places with each other and reopen with a new location. They never had to do any remodeling, just slap a new door on and good to go, until the Sheriff came back and repeated the process. Orange County was wild back in 2012 - 2015
@@mpkp2011 yeah I remember some time like that for me I remember it being from like 2013-15 and it was just kick in door raid steal it all destroy what you can't steal and leave and there were doing that to so many shops some of faves got shut down. Now it's to expensive to do that. Its cheaper to just closet grow a plant or 2 and keep it for yourself. I believe to open up a shop in Cali now takes no less than 100k. Cops were going on raids so we could get exactly what we got. Wealthy/rich ppl controlling our market like they do everything else. Now you got cookies charging 60+ for some mids and shit. Games all messed up
There is no need to grow weed in buildings. Nature delivers sunlight at no cost. Everyone could have a few plants in the backyard, if state regulations allow that.
I can see requiring all normal licenses and fees and forms for starting such a business, but obviously these laws were structured so as to actively prevent people from going into business.
@@Limited-uq2yk it's still very expensive everywhere you go. I do not live in a popular area and the new houses they are building are about 800k- 1M. And they're not even that nice.
Honestly, the fact that weed is federally illegal is probably helping the small weed businesses. The u.s. has a history of big businesses putting a monopoly on a product. I doubt many of these small guys are going to thrive once it's legal.
As a small guy in the legal weed industry, you are not to far off. Right now governments do it by making enough hurdles so a little guy cannot participate by regulation. Once it is fully legal the little guy will get pushed out by efficiency.
yup. big pharma will come in and overtake all these smal businesses. Some how when people accept that government is the problem, they think the solution is more government intervention.
@@calebcary6661 Every time the CEO of wanna spoke about scale problems, I saw regulation giving smaller businesses a chance to get a foothold before the flood gates allow companies like that to use their capital to completely undercut the other markets.
@@MOAMindustries This is what i saying by efficiency. In my case, the city government which I have a med retail license will not grant me a rec retailers license. My business is the first fully licensed med retailer with in the city and has no city and state compliance issues. They gave 2 of the 3 retail spots to Lume Cannabis, the largest retailer in my state of Michigan. They had empty lots and no med license. I am being excluded by regulation on the city level, not state. My business is prequalified by the state. Big money corrupts licenses on the city level. That is the exclusion by regulation. Interstate laws are preventing the streamline efforts of big companies.
Bravo to all these entrepreneurs, especially the guy running GreenBox. We definitely should have more ownership by black and brown people as well as taxes from marijuana products going toward reparative justice and reparations.
You're aware that america has already tried the reparations thing before right? Of course you're not because you believe whatever media bs they throw at you, instead of looking into things yourself, and the media isn't going to mention the details that don't fit their narrative. Are you going to give reparations to all the people who were slaves because it wasn't just black people, but when people are talking about it nowadays they only mention reparations for black people. There were chinese slaves in the west, and I'm sure there were native slaves and mexican slaves, among others... You've been brainwashed into feeling bad about something you didn't do nor had any control over, kinda sad on all counts.
And also, reparations are to help heal the injuries that had legally but wrongly happened to groups of people, and that is not limited to slavery at all, though you are right that Blacks have probably been more disproportionately affected than any other race. Related to native Americans, creating reservations was an alternative version of paying restitution.
@@joymanifestor4561 Tell that to the natives who still think they deserve more of “their” land back. Once you give people an inch they take a mile I can’t believe I have to say this.
Yes, it’s true that settlers stole all the land in North America. And we are still undoing that damage. The reservations were a lousy substitute but fortunately there has been some more equitable economic remedies in the creation of casino businesses on land controlled by native Americans. Similarly, the marijuana industry is a big opportunity and could be a much needed boost to those groups who had been disproportionately harmed by previous enforcement of “drug” related offenses, particularly black Americans.
Don't blame the corporations when democratic law makers are setting the rules, especially in states like California where Democrats have a super majority.
@@Bryan-ed6ee well democratic capitalism is not that far off from conservative capitalism, the two are interlinked here and both parties ultimately work hand in hand in other ways
“Big brother,”? No my friend, Big Pharma investors and big greedy fools from other enterprises that compete with cannabis. Indeed, they are burdening society with their love of money, greed is the ruin of America.
0:11 - "There's a lot of red tape that just doesn't make sense" Government at its finest. It's public tax dollars paying the salaries to create that red tape, and public tax dollars paying the salaries to process it.
@@theodenednew8874 Nice try. Republicans are predominantly against recreational marijuana (with Alaska being the only exception). Also, according to you, local approvals in Republican counties should be a breeze. They are not. We need better Democrats, not more Republicans.
The Democratic party's backbone is public sector unions. They need to add more bureaucrats to keep the unions dues paid, and keep the politicians in the running.
You can’t expect to have a competitive market and and a favourable selection of marijuana products if the entry cost is this high (no pun intended) they need to federally legalize marijuana and ease the restrictions before we get a marijuana monopoly.
It’s already happening and it’s going to continue to happen no matter what we do. Federal legalization isn’t go to prevent monopolies, honestly it’s most likely going to expedite the process of monopolizing the entire industry
$210k in New York for a dispensary application. They keep $10k if it’s denied. Only the rich can play in this game. Grow license, processing license and dispensary license are all separate. And you can only get one or the other. Now you have to partner with others to make any of it work, which makes it even more difficult.
Legalised drugs are only legal for one thing, profit or addiction rehabilitation. Like alcohol, weed has become too far to ban it. I hope America resolves it's war with this legalisation for a smoother travel to a future without drugs.
Regulations reward the big dogs, by making sure there’s no competition. a lot of the brands you buy off the shelf are all owned by the same people. Farms are literally competing with themselves.
Don't let this discourage yall You Just Need More Than One Hustle For The Ultimate Goal That's Gonna Take Care Of Your Family For The Rest Of You Guys Life Maybe Even Generational Wealth. It's all about the grind and ambition and How much you want it because there's a million other people that want the same thing . Blessing and Success To ALL HAPPY NEW YEAR PRAY FOR GOING TO BE ATTEMPTING TO PUT MY FOOT IN THE GAME THIS INCOMING YEAR .🙏🏿
I remember hearing a story about how a huge FBI group or something came in and just started tearing his whole ass farm up saying he was doing it illegally, when the boss was called up and tried to tell them to wait because he was coming over with his licenses they had already destroyed the entire farm worth thousands and didnt pay for it. They just went "oh well" and left.
ya saw that story in the last couple of weeks oops sorry we cost you and if am not mistaken the loss was in the millions like the entire crop and machinery
@@ccggenius The world doesn't revolve around the USA, I didn't learn about the prohibition until I watched some videos about. It's not something most countries care or want to put in their history books lol
I work in the Canadian cannabis industry. What we’ve learned from legalization is to stay black market as long as it’s possible. The risk of being first to market is you get to spend millions to be the future template/R&D for a wave of competitors.
Wouldn't want what you guys mockingly call "patients" cheaper access and better competition to weed now do we? Nah, being a paper owner of a license is only for government backed terrorists.
Here on a Canadian border town my uncle owns a cannabis business and he seems to be doing well. We border Minnesota (where cannabis is illegal) so he actually has great customer potential. His only competitors are barely legal and he hasn’t really had any trouble once he got past all the logistics of starting a marijuana business.
"What does your parents do?" "They sell drugs" "Haha, funny." "No, literally, my parents sell drugs" "Oh, like medicine, I thought you meant things like marijuana" "......"
@@ZipperDeDoDaa there is a difference between "all medicines are drugs" and "all drugs are medicine". Anyway, alcohol has been used as medicine in the past. Not that it worked.
Adrian needs to get some tech guys to devise a mobile app to remove the manifest and then take it to get the laws amended then he can sell the app to other businesses who have similar hurdles. A mobile phone could track the deliveries and show it hasn't crossed the borders and still allow some efficiencies of doing business - the local government probably would like it too as less effort to regulate, audit and police it.
even with an app you still have to have the manifests on paper and readily avaliable to be shown and or presentended to any authorites that request them
I literally have been saving for 2 year to start my own Dispensary in Ohio, literally have 100k saved and STILL CANNOT afford it yet. It's unreal, and flat out not fair.
@@dispensary21 Alcohol, tobacco, prescription medication; open any of these businesses and you get government grants and low interest loans; with marijuana a business can't even get a bank account. Scrupulous business practices is one thing but what the cannabis industry goes through is unethical.
In California, you can’t start a cannabis business because all the illegal drug dealers, are now legal dealers. I tried starting one, and trying to keep cost low, and compete with a huge market… I had to quit 6 months in… small guys like myself wanting the American dream…
The American dream died a long time ago. In the 1900s it America truly was a dream, you could come here from another country, work manual labor for a few months, buy a decent house, receive an education and become a successful entrepreneur. Now there’s no manual labor to work so making money is much harder and wages are lower than ever before and now you can’t afford rent with minimum wage in any state, the education system is ineffective with more than 70% of people graduating college and high school getting a successful job within the first 10 years, and almost all young adults still live with their parents. Then we have the poverty cycle which makes sure poor people’s children stay poor keeping entire generations in poverty. No more dreams, only nightmares.
If you know that you can’t succeed doing that, then don’t do that. Waste of money and time. Use your brain wisely. Make smart decisions. Besides, life isn’t about becoming super rich. Just enjoy your life and make sure you get to be financially stable so you can eliminate stress
In the UK, it’s much more straightforward to sell weed as a business. No regulation at all, in fact you don’t even have to pay any tax and the police can’t afford the resources to care, usually. In fact, you’re less likely to be busted than in the US where if you even slightly break one rule by accident and risk jail time. They don’t knock on your door to snoop around twice a year here.
Short answer: the legal and monetary barriers are ridiculous. The only laws that should be in effect should be engineered to ensure cannabis is safely produced without mold or harmful additives. The rest of the laws could just go up in smoke.
lmao have you gone to a Rez anywhere in Canada in the last 2/3 years there are literally 5 /6 weed places for every other kind of business sometimes 4/5 businesses in a row on one street will be weed stores it is nuts lol just imagine what would happen if anybody could buy license off the Rez for every Tim Horton's there would be 5/6 weed stores on every block they have to limit the amount of licenses or the market would oversaturate same reason they limit the amount of liquor licenses in a neighborhood so you don't get too many bars chaos would ensue lol when i was younger we had 10 story buildings where i knew of at least 10 dealers in that building and that's only the ones i knew of lol we canucks are big time cronics and the government seriously underestimated the amount of users when they went legal and it caught them off guard they are getting better over time PS every single one of the stores on the Rez are busier than a one armed paper hanger
@@Kekkndslgnlwnh i think i know 1 person with that kind of liquid asset and he worked really hard for 40 years to get it so why would any 20 something year old of any color have 250k in the bank unless they were born with it but like everything now it is about skin color
Haven't you heard? Only minorities are poor and white people all live a fairy tale life on $100K+ salaries. Mo' melanin, mo' problems. As in, you have to be at least this dark for the politicians or the news to give a damn about your problems, even if your black neighbors have most of the same problems you do.
When Marijuana grows at almost any open field In your country and even though it is illegal people still use it for recreational and religious purposes without facing almost zero consequences. Welcome To Nepal
I don’t even smoke weed but I really hope they pass federally for recreationally use. I really would like to see taxes go to help repair the war on drugs with social programs and help prisoners transition into society.
@@angelicco2664 Ik, that's why I don't want them to have it. How is it somehow their business to put their nose in a transaction between me and a seller? Or taking a portion of people's income?
@@Mr.Microscope Kids still know they're buying alcohol... 14-15 year olds in my class would get plugs all the time for this shit. They know what they're doing. It still tempts them, and it still works.
"big organizations who try and stop you" yes sorta, the amount of coorps that tried to bank on weed have tried and failed to eradicate the illegal dealers but the orginal dealers have a better product and without taxes the product is way cheaper.
As with other industries , they clearly are trying to make the regulations favor large corporations over small business owners, now the industry is still young but I predict small business will start to get cannibalized by larger ones fairly soon until the industry is in the hands of a handful of mega corporations
Your prediction is gunna be correct.I’ve been in the industry for 10 years as one of the small guys trying to make it, learned from OG’s who’ve been doing for 20-30 years and it’s clear that this whole industry will cannibalize itself but it might take some time. If your a small business that knows what it’s doing it can sustain itself which is what I’ve done/seen so far in both Oregon and now Oklahoma. Unfortunately as the industry grows two things occur almost at the same time. 1) supply goes way over demand so prices race to the bottom. Only people growing high quality products or have huge pockets can survive this. 2) Regulations continue to tack on more and more requiring more fees and labor costs for growers and processors. Once these two things occur you see a rush of businesses go out or look to sell. Honestly this industry is fools gold for most people. If you don’t have the combination of grow skills/branding& business skills you will not survive and that’s what happens to most small businesses. Now the added pressure of corporate/pharmaceutical money will make it an even bigger game changer here soon and that’s what will close the doors for most people( myself included realistically). I’ve got money saved up and I hope I can make some good money for a couple more years and just maybe hopefully be one of the lucky ones that gets bought out by a bigger fish but who knows. 🤷♂️
Small business owners which includes drug dealers that sell meth, ice etc. Why many dont understand why it is highly regulated? It has nothing to do with the product itself but rather because its legalization has become a cover for drug dealers that sell other products. Aint rocket science.
John Wig most small business owners don’t risk there’s lives, all there life’s savings and potential freedom over creating a drug front for meth or other hard drugs. Now there certainly are some fish out there still using black market avenues for there flower and using there license as a cover but I can tell you regulations are never gunna stop that from happening
@@johnwig285 Makes sense. But the sale of these drugs no matter who does it is still a threat to the country and its consumers. But the regulations should be more standardized so it's applied on all drugs, including tobacco/alcohol.
@@nickmoyer9112 Regulations will deter bad actors and get rid of some of the swindlers from the market. Frankly better than nothing, if the country is going to start legalizing these drugs..
@Doug Fir I couldn't care less about honoring a work of fiction. What I care about are their actions/inactions once there. It is very clear to anyone paying attention that our system is broken - or working perfectly - depending on your perspective. Far too many of our elected leaders have zero qualification other than fundraising, and become drunk on power once they're in office. The GOP is a complete joke forcing many people who would normally split, to vote straight ticket DNC. The lesser of two evils.
It is not. I wouldn’t go back to smoking before it was legalized for anything. Now I don’t worry about cops raiding me and shooting my dogs over a couple plants.
this guy deserves all the great things thats going to come to him he opened up a path for future marijuana business owners to have an easier time man is making history
i grow my own in my garage all year around and make my own extracts. the only thing that i want from the industry are seeds sometimes. i'm glad that i am free range!
The power brokers wanted to make sure that only the people that were already rich would be able to take advantage of the new market. There's no such thing as a free market when the richest people in the market are allowed to create the rules and use them as barriers to prevent competition and eliminate equal opportunity.
that happened at an elementary school around me, some kid got into their brothers brownies and got a bunch of kids at school high haha the news showed up and everything. thankfully everyone was okay
I’d like to watch them try and open the container first let alone get pst the weed taste in the edibles. I doubt many kids have a pallets for 6* hash rosin gummies
I have known hundreds of people who started and ran successful pot businesses with almost no capital investment, lots of them did it in high school on a part time basis. I have seen people pay their mortgage and pay for homes with cash as a result. The entire reason you can't do that legally is the greed of government.
As a person living in a country where weed is illegal, watching this feels like a crime.
same.. but feels like.. " they can do that ? "
You could buy weed, just don't get caught 😂
Yeah lol
@@andrasudra6756 and then "Can i do that?"
I mean to be real, illegal or legal, keeping people from growing and buying large amounts is never gonna be able to be controlled
Funny how the same plant becomes legal when you pay a "licensing fee". It was never about the people. It was only about money.
Money correlates dominance also.
For some pain the cbd oil or other things would lose big pharma billions
🎯🎯🎯🎯
I'm curious was there a legal thing made for the people and not for money? Because I can't say one
Hey someone with a brain 😁. That and to keep people fogged up to what's happening behind closed doors.
From experience, I can tell you it is pretty hard. Outrunning the cops was definitely the hardest part.
Хаха!
Especially in Arkansas. Them sumsabitches will pit your ass as soon as you get to 120MPH
Zero fucks given.
I'm here for a good time, not a long time.
LET'S GOOO😂
i have xtra units every year and always willing to ship units for cheaper prices. my tennats pay part of their rent in tree because i lease farms. So i can compete at any price.
@@johndoe-cx6vt dad?
Its funny how a plant that grows naturally can be illegal to be sold, but alcohol which is an entire process with only negative effects on the human body is a lot easier to produce and sell.
It will never make sense to me how alcohol is the only drug that’s universally considered socially acceptable 👁👄👁
@@somethingisnotrighthere3831 simple, rate of destruction to a person is not as fast as alcohol.
"Why Starting A Marijuana Business Is So Hard" funny how easy it is for the students in my school...
being a plug in high school was the best
@@bug______ hell yeah
It's not hard. Thing is these people's flower sucks ass
😂
@@longliveliljay1670 damm I want that
I like Adrian, he's been to jail, got out, lobby higher ups to make his business, lobby again to deliver more, he is the dude.
@Michael Lester and when will that happen? You have a hole in your tinfoil hat bro
Gigachad
Right?! He's the man!
@Michael Lester lobby banned ? Lamo
I wonder if he got turned out in jail...
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The first time I told my wife that i was investing in forex trade, she was angry and told me that I will lose all the money I invested in it
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@@starlove9762 Lol she has to be happy most women are scared to take risk..
Stay strong all you legends. It sucks so many good people had there life’s shat on for selling weed. I did not realise how hard the government are making it to sell legally for anyone but themselves
selling ? I am going 5 moths in house prison for possession of 1 gram of weed :D
In India, after the cops cut the plants they go to the villagers that planted it to buy hash.
weed is crap. i wouldnt use it even if it was free. most overrated drug ever
@@Bigfoot101 what dogs
@@promptingbeastai bro that sucks. So many people have lost there prime years for selling a harmless drug. It’s all about money and control. It’s ridiculous !
There’s still people in jail for this.
Hii
What? In jail for starting a weed business? No, there is not. There are people in prison for illegal practices (illegal growing, selling, possession, etc.) where it is not, or was not allowed. Laws are laws and if you play you pay. SIMPLE. Should it be illegal? No, absolutely not. However, it is/was. Illegal is illegal, I have no sympathy for knowingly breaking laws and then getting busted.
Yeah I started to get mad when they went into "this segued into favoring white people."
@@AriesGirlTAROT they just said it in the video stupid. The point is People were getting 20 years for weed but then the gov. Passes laws allowing people to sale it and now its a billion dollar industry. The gov. Wouldnt legalize meth or cocaine. But because it was a harmless drug it destroyed thousands of black men and womens lives.
@@AriesGirlTAROT but prescription drugs that are legal but can kill you or have you growing a third arm.
If only they monitored lumber and deforestation and municipal trees with such stringent laws😤
,❤️
Wrong. Cut down more trees fires are blazing everywhere in the world are you blind or ignorant ?
@@Fulltimedad90 I think they mean cutting down entire forests. Here, we just backburn our forests, stopping fires but not killing trees and animals
Well thousands of people use paper, pencils, wooden shelves. Chairs, couch frames, tables, doors, stairs, and counter tables. daily. And theres not that much use for cannabis othrr than recreational. Makes sense that there will way looser laws regulations regarding harvesting trees than cannabis
@@Taxman5028 That's not the point. Yes, there is demand for lumber, but companies continue to harvest excessive stock of wood and cause lots of deforestation without any ramifications or requirement to re-plant said trees lost.
I work at such a plant. If the slightest thing is mislabeled we can be shut down and they will take indefinite amounts of time to check everything we've been doing. Health codes are far stricter then any food industry and the state can absolutely check our cameras at any moment. If you wipe your nose(even if it's your sleeve at your shoulder) at the wrong time and don't immediately go to wash your hands then they will definitely call and most likely get you fired. It's not as easy as it sounds to average people
11:24 This statement caught me off-guard....
"Since we're minorities we shouldn't pay taxes"
Like WHAT?
Fr like all they want is special attention not equality
The part about having to *buy a property before even applying for the license* is utter BS
You might think so, for legal issues if the grower has issues they cant just walk away from the process. If they do then they can just also be dealing on the side & if they get caught they csn just leave.
@@soolly357
There shouldn't be any legal problems, because growing it should be like growing tomato plants.
It's the same thing with a car dealership. You have to rent a location with parking spots,Phone,Fax, Internet before they will even accept your application.
It is the same thing with a distillery... my parents own a distillery and it had to be all set up and ready to go before we even applied for the license
@@odb-gotyoutriggered.1963 Just because it happened to you doesn't make it right.
In other words: we make it hard and very expensive to sell cannabis so that the common folk could never think about making money with it. This is for major conglomerates to make money as usual.
The majority of weed businesses are still small businesses though
Where I live there are several folks who had money into dispensaries or similar and simply stopped working in their 30's or 40's because they cashed out. Tons of money in the industry, "common folk" still getting paid.
@@Asylus i have a bad feeling that this comment won't age well, but i hope im very wrong
@@MotoBeemer damn I didn't know "common folk" have 30-50k lying around.
This comment doesn’t make sense
I still can't believe the government ever got the power to make weed illegal. Alcohol is way worst and causes so much violence across the world.
People with charges for dealing weed should have them immediately dropped after its legalisation
Dude Adrian is a trailblazer. Him lobbying and helping the laws change towards delivery is a game changer for business owners in his area.
welcome to the world of business and coporate lobby and the bribery of congress just to increase profits, tax evasion and massive deregulation. The corruption cartel in congress is going to get bigger it seems with the addition of this indusrty.
@@Derrowssi dude PLEASE tell me your white because you SOUND white
Trail-BLAZER lol I see whatcha did there. but yes its important to PUSH Lazy Gov to work for the people instead of for their own pet projects
Investments are the stepping stones to success, investing is what creates wealth
Recently, invested in both stock and crypto but currently I believe crypto is doing more better!!
I purposefully say "these edibles ain't shit" to make the effect 10x more powerful. 😂😂😂
I do the same hahahah
Not cool at all.
thank you for making this informative videos, it looks really nice.
In my country, when you get caught with marijuana, either you get the gun or you have to work your way out by using connections and paying huge amount of money to corrupt officials. I understand medical marijuana, but legalizing and using it for recreation is such a first world concept for me.
What country
@@radarbug5390 detroit, MI 😀 - 3rd world
Getting shot over it is such a third world concept for me.
Being rich doesn’t make you wise, my friend.
“The rich man who loves his riches is very poor, lo, there is no one as poor as he in the whole creation.”
“You get the gun” Lmfao and you complain about first world concepts?
Regulations reward large players by imposing huge obstacles to competition.
As someone who has worked for major cannabis corporations, this is a fact.
This has all changed now, if you know about hemp extracts.. the rec market is about to tank in November, mark my words.
test
This is the part of America that needs to be changed. Our country could be the wealthiest in The world
Evil things must be regulated.
@@martepz7869 governments?
Its not even one of those situations like ‘if it was easy everyone would be doing it’, the restrictions are so specific and harsh that make it very hard for anyone to grow it on an industrial scale, unless you have lots of time, money and political power to get past all of the hurdles involved
A few years back in Cali when alot ppl were trynna get their business started ppl where telling me the paper fees just for them for even consider you opening up a shop cost around 40,000 that's just paper fees.
@@LewisSmithJr I remember there used to be groups that would form just to open a shop. Multiple investors would pool their resources together and open multiple shops in a city, then the Sheriff would go around kicking in their door and stealing their products and money (and in one case they were even recorded eating edibles while in full gear, right off the display counter). Then the shops would just trade places with each other and reopen with a new location. They never had to do any remodeling, just slap a new door on and good to go, until the Sheriff came back and repeated the process. Orange County was wild back in 2012 - 2015
@@mpkp2011 yeah I remember some time like that for me I remember it being from like 2013-15 and it was just kick in door raid steal it all destroy what you can't steal and leave and there were doing that to so many shops some of faves got shut down. Now it's to expensive to do that. Its cheaper to just closet grow a plant or 2 and keep it for yourself. I believe to open up a shop in Cali now takes no less than 100k. Cops were going on raids so we could get exactly what we got. Wealthy/rich ppl controlling our market like they do everything else. Now you got cookies charging 60+ for some mids and shit. Games all messed up
Hmm... Makes you wonder who the laws are really supposed to help..
There is no need to grow weed in buildings. Nature delivers sunlight at no cost. Everyone could have a few plants in the backyard, if state regulations allow that.
I can see requiring all normal licenses and fees and forms for starting such a business, but obviously these laws were structured so as to actively prevent people from going into business.
yeah it only stops people who care about quality products. large backed companies arent affected at all
Super interesting piece, thank you!
so another video showing how unnecessarily expensive things are in california. understood
Never move here
If you're poor just say that.
@@Limited-uq2yk because $4,500 rent for a townhouse is reasonable
@@Andrew-hh3ol you don't have to live in a popular area😂
@@Limited-uq2yk it's still very expensive everywhere you go. I do not live in a popular area and the new houses they are building are about 800k- 1M. And they're not even that nice.
"Oi mate, the state is running out of money!"
"that's not good, I as state governor have to do something about it"
"like what mate?"
"legalize weed"
Wrong country mate!
were you trying to talk like you’re british or Australian, because this video is American
@@Extrxxx He was showing how disconnected politicians are from their community's, this one doesn't even know what country he's in.
@@And0199 I know lol, I’m on about the “oi” and “mate” parts
@@Extrxxx I know, should’ve done the old. /s
I like this video!!! They were very deep Into the real issues they face for no logical reason
YES. I love this. Thank you for this.
“You have to have 250k laying around, in case we decide to seize you business. That way it’s worth our while.”
Honestly, the fact that weed is federally illegal is probably helping the small weed businesses. The u.s. has a history of big businesses putting a monopoly on a product. I doubt many of these small guys are going to thrive once it's legal.
As a small guy in the legal weed industry, you are not to far off. Right now governments do it by making enough hurdles so a little guy cannot participate by regulation. Once it is fully legal the little guy will get pushed out by efficiency.
yup. big pharma will come in and overtake all these smal businesses. Some how when people accept that government is the problem, they think the solution is more government intervention.
@@calebcary6661 Every time the CEO of wanna spoke about scale problems, I saw regulation giving smaller businesses a chance to get a foothold before the flood gates allow companies like that to use their capital to completely undercut the other markets.
@@MOAMindustries This is what i saying by efficiency. In my case, the city government which I have a med retail license will not grant me a rec retailers license. My business is the first fully licensed med retailer with in the city and has no city and state compliance issues. They gave 2 of the 3 retail spots to Lume Cannabis, the largest retailer in my state of Michigan. They had empty lots and no med license. I am being excluded by regulation on the city level, not state. My business is prequalified by the state. Big money corrupts licenses on the city level. That is the exclusion by regulation. Interstate laws are preventing the streamline efforts of big companies.
Interesting point- hadnt considered that...
Very interesting video! Nice one!
Bravo to all these entrepreneurs, especially the guy running GreenBox. We definitely should have more ownership by black and brown people as well as taxes from marijuana products going toward reparative justice and reparations.
You're aware that america has already tried the reparations thing before right? Of course you're not because you believe whatever media bs they throw at you, instead of looking into things yourself, and the media isn't going to mention the details that don't fit their narrative. Are you going to give reparations to all the people who were slaves because it wasn't just black people, but when people are talking about it nowadays they only mention reparations for black people. There were chinese slaves in the west, and I'm sure there were native slaves and mexican slaves, among others... You've been brainwashed into feeling bad about something you didn't do nor had any control over, kinda sad on all counts.
And also, reparations are to help heal the injuries that had legally but wrongly happened to groups of people, and that is not limited to slavery at all, though you are right that Blacks have probably been more disproportionately affected than any other race. Related to native Americans, creating reservations was an alternative version of paying restitution.
@@joymanifestor4561 Tell that to the natives who still think they deserve more of “their” land back. Once you give people an inch they take a mile I can’t believe I have to say this.
Yes, it’s true that settlers stole all the land in North America. And we are still undoing that damage. The reservations were a lousy substitute but fortunately there has been some more equitable economic remedies in the creation of casino businesses on land controlled by native Americans. Similarly, the marijuana industry is a big opportunity and could be a much needed boost to those groups who had been disproportionately harmed by previous enforcement of “drug” related offenses, particularly black Americans.
That explains why there are so many commercial warehouses that are “leased” but are empty for months, even years.
Its because corporations don't want to have to compete against regular folks like ourselves, they want the whole cake.
It's not racist if a black man doesn't apply himself lol
It's OK to be white 👍🏿👨🏿🦱👌🏿
@@dans4270 sarcasm?
@@george4281 facts
Don't blame the corporations when democratic law makers are setting the rules, especially in states like California where Democrats have a super majority.
@@Bryan-ed6ee well democratic capitalism is not that far off from conservative capitalism, the two are interlinked here and both parties ultimately work hand in hand in other ways
Things are difficult because big brother is still trying to figure out how to get in on this and get paid.
“Big brother,”? No my friend, Big Pharma investors and big greedy fools from other enterprises that compete with cannabis.
Indeed, they are burdening society with their love of money, greed is the ruin of America.
Thanks 😊 again for sharing
0:11 - "There's a lot of red tape that just doesn't make sense"
Government at its finest. It's public tax dollars paying the salaries to create that red tape, and public tax dollars paying the salaries to process it.
City going broke? Create a fee
Just a small insignificant detail here: your State Government was not chosen by Martians.
@@theodenednew8874 Nice try. Republicans are predominantly against recreational marijuana (with Alaska being the only exception). Also, according to you, local approvals in Republican counties should be a breeze. They are not. We need better Democrats, not more Republicans.
@@timbehrens9678 but it’s dems passing the majority so they are to blame
The Democratic party's backbone is public sector unions.
They need to add more bureaucrats to keep the unions dues paid, and keep the politicians in the running.
You can’t expect to have a competitive market and and a favourable selection of marijuana products if the entry cost is this high (no pun intended) they need to federally legalize marijuana and ease the restrictions before we get a marijuana monopoly.
It’s already happening and it’s going to continue to happen no matter what we do. Federal legalization isn’t go to prevent monopolies, honestly it’s most likely going to expedite the process of monopolizing the entire industry
Once big pockets and corporate interests don’t have to fear the IRS this industry is gunna get cannibalized by the big fish
This way the US turns into a drug dealing country. Marijuana business are drug dealers. They should die of the most cruel death possible.
EXACTLY why I miss it being illegal. Its rigged for the rich only. Regular people can't open their own shop and expect to make money.
Market is enslaved by Corp
$210k in New York for a dispensary application. They keep $10k if it’s denied. Only the rich can play in this game. Grow license, processing license and dispensary license are all separate. And you can only get one or the other. Now you have to partner with others to make any of it work, which makes it even more difficult.
Great stuff
Damn, I didn’t know how hard these folks had to hustle so I could get my gummies and have a good giggle with my friends over board games.
That crazy UNO game💀
Yeah they are also making millions lol
@@EverythingCannabisTV ý
@@eternalrl.3276 not exactly.
Legalised drugs are only legal for one thing, profit or addiction rehabilitation. Like alcohol, weed has become too far to ban it. I hope America resolves it's war with this legalisation for a smoother travel to a future without drugs.
People : is Marijuana legal ?
the us government : well yes but actually no
thats one of my major issues with the US outside of weed as a topic. The over regulation of business and the complicated language.
These regulations need to be abolished it's absolutely ridiculous and all it's doing is making money for the people who are already wealthy.
Regulations reward the big dogs, by making sure there’s no competition.
a lot of the brands you buy off the shelf are all owned by the same people.
Farms are literally competing with themselves.
@George Havonoc bahahahha i get grams of crc sugar wax near chicago for 20 bucks a gram, i get distillate carts for 15 and indoor dro for 180 a oz
@George Havonoc weed is literally treated like hard drugs in japan and will get you in serious trouble over there
@George Havonoc lmfao thats just flower n i dont even be smoking it, stop pocket watchin n worry bout your own hustle you weirdo
@@lostastros3039 maybe thats why suicide rate in japan is high
there's gonna be a situation where a random kid thought this cannabis meds are tukish delights and ate the whole thing
Like the guy who bought them brownies and forgot them on the kitchen table only to come and find his wife zonked out and drinking milk from the carton
He appeáring on "Chuuby Émü"
They’re already are situations were kids do that, but with Alcohol. Don’t down play weed, man.
You mean like that mikes hard or white claw sitting on the counter?
@@hessbacon4388 yes!!! When I was a kid I remember thinking Mike's hard lemonade was just lemonade, until my parents told me it was alcohol
Don't let this discourage yall You Just Need More Than One Hustle For The Ultimate Goal That's Gonna Take Care Of Your Family For The Rest Of You Guys Life Maybe Even Generational Wealth. It's all about the grind and ambition and How much you want it because there's a million other people that want the same thing . Blessing and Success To ALL HAPPY NEW YEAR PRAY FOR GOING TO BE ATTEMPTING TO PUT MY FOOT IN THE GAME THIS INCOMING YEAR .🙏🏿
6.2 million views.says a lot...keep up the good work
I remember hearing a story about how a huge FBI group or something came in and just started tearing his whole ass farm up saying he was doing it illegally, when the boss was called up and tried to tell them to wait because he was coming over with his licenses they had already destroyed the entire farm worth thousands and didnt pay for it. They just went "oh well" and left.
What the hell dude
Not the same thing but look up what happened to Subcool, a cannabis breeder.
ya saw that story in the last couple of weeks oops sorry we cost you and if am not mistaken the loss was in the millions like the entire crop and machinery
Yeah, that's not specific to weed. If the cops wreck your shit entirely because they blundered then they somehow don't have to pay for it.
@@rougeHuntress 100%. they knew it was legal. but they dont want to see us winning
Damn those gummies look delicious
zamn*
@@l__- “ZAMN, ITS LEGAL?”
@@l__- ZAMN😍
i clicked because those gums
Yeah Wana makes fast acting gummies , they also taste good. Probably distillate based
I was thinking of starting a Marijuana farm. Now I realized ima have to do it "illegally" lol
6:09 made me laugh so hard, we have shatter in our MEDICAL program with packaging that says "DRUGS INSIDE" in graffiti lettering lmao
Imagine is the beer market was like that, there would be riots
Does anyone ELSE want to point out what America was like a century ago, or should I?
@@ccggenius I mean, I’m not American so I don’t learn your history in school
@@pinkestpeaches6302 American or not, the Prohibition/gangster era is a pretty common setting for mass media...
@@ccggenius The world doesn't revolve around the USA, I didn't learn about the prohibition until I watched some videos about. It's not something most countries care or want to put in their history books lol
@@beatrizferraz593 someones mad I mean their not really saying it’s important or you need to their just saying you’ve probably heard about it
I work in the Canadian cannabis industry. What we’ve learned from legalization is to stay black market as long as it’s possible. The risk of being first to market is you get to spend millions to be the future template/R&D for a wave of competitors.
Solid point 👌
Wouldn't want what you guys mockingly call "patients" cheaper access and better competition to weed now do we? Nah, being a paper owner of a license is only for government backed terrorists.
EXACTLY 👍
What do you mean like selling it illegali?
Here on a Canadian border town my uncle owns a cannabis business and he seems to be doing well. We border Minnesota (where cannabis is illegal) so he actually has great customer potential. His only competitors are barely legal and he hasn’t really had any trouble once he got past all the logistics of starting a marijuana business.
Adrian is a smart guy! Glad he is doing it legally and hope that he prospers
Respect to these guys
The Wealth Class don’t want the Under Classes getting in on the action.
Greed
Cresco lol
Umm it's because if the majority of people starts growing it what do you expect will happen? People living happily huh?
@@theodenednew8874 America. Left wing, right wing same bird. 💯
Who else has lots of liquid capital sitting around? Bikie gangs and drug smugglers!
"What does your parents do?"
"They sell drugs"
"Haha, funny."
"No, literally, my parents sell drugs"
"Oh, like medicine, I thought you meant things like marijuana"
"......"
All medicines are drugs. Marijuana is a medicine
@@liminality8791 there’s a difference between medicine tbc compared to getting it at a dispo
@@liminality8791 Is alcohol a medicine?
@@ZipperDeDoDaa there is a difference between "all medicines are drugs" and "all drugs are medicine". Anyway, alcohol has been used as medicine in the past. Not that it worked.
@@Igor_054 They are good disinfectant. You don't have to consume it for it to be a medicine.
That Big League Marijuana shirt dude was wearing with the rose was pretty neat
Adrian needs to get some tech guys to devise a mobile app to remove the manifest and then take it to get the laws amended then he can sell the app to other businesses who have similar hurdles. A mobile phone could track the deliveries and show it hasn't crossed the borders and still allow some efficiencies of doing business - the local government probably would like it too as less effort to regulate, audit and police it.
even with an app you still have to have the manifests on paper and readily avaliable to be shown and or presentended to any authorites that request them
I literally have been saving for 2 year to start my own Dispensary in Ohio, literally have 100k saved and STILL CANNOT afford it yet. It's unreal, and flat out not fair.
Everything's changing Jan 1st. BCC changing to DCC is just a start
@@DesmondCleaver What's happening on Jan 1st, I don't understand the abbreviations
Do they offer micro license in your state and have you considered moving?
what business opurtunity is fair?!
@@dispensary21 Alcohol, tobacco, prescription medication; open any of these businesses and you get government grants and low interest loans; with marijuana a business can't even get a bank account. Scrupulous business practices is one thing but what the cannabis industry goes through is unethical.
In California, you can’t start a cannabis business because all the illegal drug dealers, are now legal dealers. I tried starting one, and trying to keep cost low, and compete with a huge market… I had to quit 6 months in… small guys like myself wanting the American dream…
The American dream died a long time ago. In the 1900s it America truly was a dream, you could come here from another country, work manual labor for a few months, buy a decent house, receive an education and become a successful entrepreneur. Now there’s no manual labor to work so making money is much harder and wages are lower than ever before and now you can’t afford rent with minimum wage in any state, the education system is ineffective with more than 70% of people graduating college and high school getting a successful job within the first 10 years, and almost all young adults still live with their parents. Then we have the poverty cycle which makes sure poor people’s children stay poor keeping entire generations in poverty. No more dreams, only nightmares.
Then move dude
If you know that you can’t succeed doing that, then don’t do that. Waste of money and time. Use your brain wisely. Make smart decisions. Besides, life isn’t about becoming super rich. Just enjoy your life and make sure you get to be financially stable so you can eliminate stress
my man. you trying to compete with guys whos been doing this for 30 plus years. good luck.
try to start a moonshine business and compete with uncle cletus. it wont happen.
okay but truly cans look like juice and that's legal? kids are tempted to drink that
U anti weed abbe?
In the UK, it’s much more straightforward to sell weed as a business. No regulation at all, in fact you don’t even have to pay any tax and the police can’t afford the resources to care, usually. In fact, you’re less likely to be busted than in the US where if you even slightly break one rule by accident and risk jail time. They don’t knock on your door to snoop around twice a year here.
Pros: of course, many people would like that
Cons: Bureaucracy, Taxes, and licenses
Cons: And people who smoke in public.
Cons: Second hand smoke-ambiental contamination with mind benders
It’s actually really easy! You just gotta be born in wealth like everything else !
Like all those CEO’s!!! 🤩
'I started with a small loan of a million dollars'
@@ungefeiert 😂😂😂😂
@Doug Fir who told you that lie
Imagine with more money you can buy more things woah. I agree that the laws are shit but your comment is just braindead
Short answer: the legal and monetary barriers are ridiculous. The only laws that should be in effect should be engineered to ensure cannabis is safely produced without mold or harmful additives. The rest of the laws could just go up in smoke.
Excellent....each state gains jobs from the pot usage ...NO TOO BIG TO FAIL SCENARIOS
Actually it’s extremely easy doing it “Legally” is where it gets hard lol
honestly to easy when u compare it to this vid
U know from experience?
Still very expensive to start up though. If youre doing it large scale.
@Martin Luther no shit sherlock
@@ayxxn4931 so why would you ask him ur pretty dmb 😂
In Canada you don't even get to buy a license outright, you pay to be put into the lottery for one. Complete BS
Then move to Central Africa, no one's gonna bust your ass for growing weed there
Come to India
Everything illegal is legally practiced by normal people
In eastern Canada, you have to buy it from the government, there are no private weed shops.
lmao have you gone to a Rez anywhere in Canada in the last 2/3 years there are literally 5 /6 weed places for every other kind of business sometimes 4/5 businesses in a row on one street will be weed stores it is nuts lol just imagine what would happen if anybody could buy license off the Rez for every Tim Horton's there would be 5/6 weed stores on every block they have to limit the amount of licenses or the market would oversaturate same reason they limit the amount of liquor licenses in a neighborhood so you don't get too many bars chaos would ensue lol when i was younger we had 10 story buildings where i knew of at least 10 dealers in that building and that's only the ones i knew of lol we canucks are big time cronics and the government seriously underestimated the amount of users when they went legal and it caught them off guard they are getting better over time PS every single one of the stores on the Rez are busier than a one armed paper hanger
@@heretic600 wait that sounds like straight up communism
Watching this while smoking a joint lol 🤘
There is an on the spot marajuana detection kit, cops here in Australia use them when they pull people over when driving
“This fee is blocking out many communities” Oh, like the average person community?
lol! I know a lot of white people that for sure don't have $250,000 in liquid assets
@@Kekkndslgnlwnh i think i know 1 person with that kind of liquid asset and he worked really hard for 40 years to get it so why would any 20 something year old of any color have 250k in the bank unless they were born with it but like everything now it is about skin color
exactly
Haven't you heard? Only minorities are poor and white people all live a fairy tale life on $100K+ salaries. Mo' melanin, mo' problems. As in, you have to be at least this dark for the politicians or the news to give a damn about your problems, even if your black neighbors have most of the same problems you do.
@@angolin9352 you're being reductive and intentionally obtuse.
Hey business insider editors: you need to reach-out to Adrian and let him know you exposed his wifi password ASAP
Thank god u spotted that too.
It’s his wifi password who cares lol
Where??
Timestsmp
@@Noob-ns9vt 6:45
Small Business in New Jersey and I'm actively trying to work with companies who want to educate and promote this type of business. Fingers crossed.
They turned it from a crime to something only rich people can afford to sell.
When Marijuana grows at almost any open field In your country and even though it is illegal people still use it for recreational and religious purposes without facing almost zero consequences.
Welcome To Nepal
"why starting a marijuana business is so hard"
me a Frenchman: well well well lets find out shall we!
French?
Say "your mother" right now
@@clovermedia. ta mère?
Repent the kingdom of God is at hand , repent before it's too late pray and read your bible , theres nothing out there in the world jesus loves you #
Wait... frenchmen? Men as in multiple males? How can a you claim to be multiple french guys?
@@gvs6462 crap auto correcte
Never would've thought i'd see a video about the woes of pot dealers.
Great opportunity!!!!
I don’t even smoke weed but I really hope they pass federally for recreationally use. I really would like to see taxes go to help repair the war on drugs with social programs and help prisoners transition into society.
Yeah but they're gonna just spew the money out on their useless military who create problems in other countries
Legalize it, period. Hell to the no with that tax bullshit.
@@yuhboijosiah8083 the gov needs money too
@@angelicco2664 Ik, that's why I don't want them to have it. How is it somehow their business to put their nose in a transaction between me and a seller? Or taking a portion of people's income?
@@yuhboijosiah8083 they do protect us from the rest of the world...
Everyone: Legal weed is highly regulated...
Me sitting in India thinking: You guys are getting weed legally? 😅
Try Canada my friend weed was "legal" before it was legal now pot shops are legit everywhere
Right brother 🤣😂
Exactly 😂😂 bendi everyone is a peddler here
@@grimr34p I can second this, there is a weed shop on every block in Toronto
@Kaleb that gave me a stoke reading it
With those edibles my bro Ryan would OD 😂😂
Alcohol: super lemon gum drop rainbow sprinkle vodka
Marijuana: nah that’s tempting for kids
It’s cause you can’t drink a bottle of vodka without knowing yet on the other hand you could eat 40 thc gummies and it could taste like candy*
@@Mr.Microscope If you drank a whole bottle of vodka you might die. If you ate 40 thc gummies you'd fall asleep.
@@peaceoutbruh7085 youre missin the point
@@Mr.Microscope Kids still know they're buying alcohol... 14-15 year olds in my class would get plugs all the time for this shit. They know what they're doing. It still tempts them, and it still works.
@@peaceoutbruh7085 its the other way around
You know, for the "land of the free" we sure do have a ton of restrictions for these kind of things
IDK, we like to be free of your drunken shenangans too.
Fax
@@samsonsoturian6013 huh
@@oasisflame he's whining about regulations on abused substance using the oldest cliché.
@@samsonsoturian6013 My "drunken shenangans"? Tf are you on about?
Nothing is hard it's just the people of big organizations who try and stop you from achieving your goals 💯
"big organizations who try and stop you"
yes sorta, the amount of coorps that tried to bank on weed have tried and failed to eradicate the illegal dealers but the orginal dealers have a better product and without taxes the product is way cheaper.
Seeing how complicated this whole process is makes me want to smoke sheeeeeeeeeeeeeeeeeeeeeeesh bruv
As with other industries , they clearly are trying to make the regulations favor large corporations over small business owners, now the industry is still young but I predict small business will start to get cannibalized by larger ones fairly soon until the industry is in the hands of a handful of mega corporations
Your prediction is gunna be correct.I’ve been in the industry for 10 years as one of the small guys trying to make it, learned from OG’s who’ve been doing for 20-30 years and it’s clear that this whole industry will cannibalize itself but it might take some time. If your a small business that knows what it’s doing it can sustain itself which is what I’ve done/seen so far in both Oregon and now Oklahoma. Unfortunately as the industry grows two things occur almost at the same time. 1) supply goes way over demand so prices race to the bottom. Only people growing high quality products or have huge pockets can survive this. 2) Regulations continue to tack on more and more requiring more fees and labor costs for growers and processors. Once these two things occur you see a rush of businesses go out or look to sell. Honestly this industry is fools gold for most people. If you don’t have the combination of grow skills/branding& business skills you will not survive and that’s what happens to most small businesses. Now the added pressure of corporate/pharmaceutical money will make it an even bigger game changer here soon and that’s what will close the doors for most people( myself included realistically). I’ve got money saved up and I hope I can make some good money for a couple more years and just maybe hopefully be one of the lucky ones that gets bought out by a bigger fish but who knows. 🤷♂️
Small business owners which includes drug dealers that sell meth, ice etc. Why many dont understand why it is highly regulated? It has nothing to do with the product itself but rather because its legalization has become a cover for drug dealers that sell other products. Aint rocket science.
John Wig most small business owners don’t risk there’s lives, all there life’s savings and potential freedom over creating a drug front for meth or other hard drugs. Now there certainly are some fish out there still using black market avenues for there flower and using there license as a cover but I can tell you regulations are never gunna stop that from happening
@@johnwig285 Makes sense. But the sale of these drugs no matter who does it is still a threat to the country and its consumers. But the regulations should be more standardized so it's applied on all drugs, including tobacco/alcohol.
@@nickmoyer9112 Regulations will deter bad actors and get rid of some of the swindlers from the market. Frankly better than nothing, if the country is going to start legalizing these drugs..
As a American, this feels illegal despite it being legal.
The Tax take softens the blow.
It is still illegal. Everywhere. Which is why it's on the feds to act. Now.
@Doug Fir The weed debate....just another of the myriad of discussions in which your god has no place.
@Doug Fir I mean it was originally used as medicine and to see gods, so it's not that bad right...?
@Doug Fir I couldn't care less about honoring a work of fiction. What I care about are their actions/inactions once there. It is very clear to anyone paying attention that our system is broken - or working perfectly - depending on your perspective. Far too many of our elected leaders have zero qualification other than fundraising, and become drunk on power once they're in office. The GOP is a complete joke forcing many people who would normally split, to vote straight ticket DNC. The lesser of two evils.
Very Informative. I stick to the original brownies and cookies 🍪. Homemade is the best made . I want some gummies now 😩
hope greenbox can expand outside of the portland metro area, hillsboro needs to get on board.
Somehow growing and selling illegally sounds so much less stressful and hard. Even with jailtime looming over you.
It's a good idea he made it legal amanita
lets start it up together
They got money tho...so they aint trippin. Even the white lady had a big smile on her face while complaining. Lol. Im like "yeah...she got money".
It is not. I wouldn’t go back to smoking before it was legalized for anything.
Now I don’t worry about cops raiding me and shooting my dogs over a couple plants.
this guy deserves all the great things thats going to come to him
he opened up a path for future marijuana business owners to have an easier time
man is making history
He bribed some filthy fuckers... Doesn't need much dedication or skill
@@abhisheksoni2980 where's your proof?
@@abhisheksoni2980 lobbying doesn’t mean bribing
weed is crap. i wouldnt use it even if it was free. most overrated drug ever
@@mikelisteral7863 *looks desperately for who asked*
Driving high I sat at a stop sign for like 3 minutes waiting on it to turn green.....im extra safe wen im driving high😂😂😂
i grow my own in my garage all year around and make my own extracts. the only thing that i want from the industry are seeds sometimes. i'm glad that i am free range!
The power brokers wanted to make sure that only the people that were already rich would be able to take advantage of the new market. There's no such thing as a free market when the richest people in the market are allowed to create the rules and use them as barriers to prevent competition and eliminate equal opportunity.
That's the democratic way red tape and regulation.
There has almost never been a free market here in America.
Nah bruh u learn the rules to the game, you study it, you lose to it, you bleed from it and then you win 🛥.
Corporatism. The big bad brother of free market capitalism.
@@syco_hundreds2661 lame
Imagine your kid finds your bottle of weed gummies and just getting high af from eating them
that happened at an elementary school around me, some kid got into their brothers brownies and got a bunch of kids at school high haha the news showed up and everything. thankfully everyone was okay
Right? Why not make it into pill form and have child-lock on it?
I’d like to watch them try and open the container first let alone get pst the weed taste in the edibles. I doubt many kids have a pallets for 6* hash rosin gummies
Imagine having your kid taken from you by the state 😂😂
Imagine your kids finding your alcohol and drinking it.
4:55 i replayed that about 10 times😂
Once I retire next month I'll become a weekly loyal customer 😎👌🏾
I have known hundreds of people who started and ran successful pot businesses with almost no capital investment, lots of them did it in high school on a part time basis. I have seen people pay their mortgage and pay for homes with cash as a result. The entire reason you can't do that legally is the greed of government.
I wanna move to AZ and start grassroots. But after watching this idk,