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Growing medical marijuana for profit

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alterego.shadow

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Growing medical marijuana for profit - Advice Needed

Here's the plan:

1. Move to Washington State.
2. Get a medical marijuana card.
3. Grow the 15 plants and possess up to 24 oz. (Washington is the most liberal in this regard)
4. Sell this medicine to other med card holders or dispensaries.
5. Profit.

I also plan to get a job in the Seattle area. It doesn't have to be a great job, just something to support myself. I will have about $15,000 for starting money. With this I need to buy the equipment, get a cheap car, and have enough money to hold me over until harvest/finding a job. Eventually I would like to open my own dispensary.

I am concerned about some logistical issues. How do I report this income to the IRS? The IRS is a federal organization and growing is still illegal federally. Another problem would be that I don't own any property there. Therefore, I must rent. I think it would be a bit difficult to keep a grow a secret from an apartment or landlord. However, I have been successful in keeping the secret in the past by living in somewhat of a shithole so that the slumlord really wasn't ever bothered to check in. I figure I would probably rent a two bedroom and use one of the bedrooms for the grow. Do you think there might be people out there willing to rent to a grower? I would use a tent to minimize exposure and pay for/repair any damages that are caused.

How realistic am I being? I would really appreciate any info. Thanks.
 
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I don't know much about the American medical marijuana system being from Canada, but I know it's an absolute bitch up here to grow medicinally if you don't have the property to do it on. I was recently reading in the news about a woman who finaly succeded in getting a permit to grow in her apartment, and it was a long ass battle that involved spending thousands on air quality testing, making sure there would't be humidity problems, essentially they threw every test at her hoping one'd fail one so they could deny the application. You can pobably do it, but I'd expect a few battles along the way
 
Yeah, I think you're right, it might be best to just keep it a secret. Maybe I will put a lock on one of the bedroom doors and just hope for the best.
 
I wouldn't report the income to the IRS. For the record the IRS is a privately owned collection agency for the privately owned bank known as the Federal Reserve. Neither two are government entities anymore than Federal Express is.
 
Yeah, I'm kinda with lozgod. You can use high powered flourescents or the newer LED lighting systems to keep the heat and electricity bill down, and choose a strain like G13 to minimize the smell. Though, if you're doing it for card holding patients it would probably have to be on the books, but with the DEA they could pull a [banned word] move and raid you. I don't know man, it's a tough game to get in to.
 
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Yeah, I will report my grow site to the state authorities as is required, but, it doesn't say I must report it to my landlord. It's risky not telling them, as in they could kick me out if they find out. Maybe if I keep some bribe money handy....
 
Eh, if it's a legal operation and you explain the situation to them they'd probably be more understanding than walking in one afternoon to a sea of green. With that said, a little cash stashed to ease the initial shit fit would be a good idea. I'm actually working on getting a MMAR for my IBS, and I'm going to be applying to grow for myself. It's a bitch, IBS is diagnosed by process of elimination, so I essentially have to let doctors play with my ass until they get bored and give up. Literally. First thing the gastroenterologist did when I spoke to him about it was schedule a colonoscopy.
 
If you read into it properly, it cant be for profit. It has to be the cost of the lights, the water, the equipment. Add up the cost of each harvest and divide that into your product, and bam you have the cost. Not that anyone obeys this rule by any means, but thats how its written, at least in colorado.
 
Trust me, this isn't really the greatest Idea, I grow with my uncle , got 2lbs of weed, and tried selling it to 5 diff clubs, they all said they'd take it, but , you only make money if people buy your weed, unless, you can do whole sale (which is what we are trying to get set up with this club that lives near us)

You can posses as much Marijuana as you want, In california, all I had to do is say I smoke alot, 12 plants wont hold me over, I need more and got a card, and documentation stating that 2lb is the limit for me. But , back to the subject.

The prices you get from the clubs is VERY low, they were asking 2000$ a lb, which, isn't really much of a profit...
anywho, sorry if I didn't really provide much information,
Just figured I'd throw that out there, Growing for profit is kind of difficult as most clubs are only willing to pay so much for your weed.
And after you add up the cost of electric, nutes, all that other crap, you come out what, 600$ on top, after 3 months, WOOOHOOOO, what a joke, could get twice that selling to people I know that have their cards.

really though, its pretty difficult to grow the quality of bud that the clubs want, and if you do grow that quality weed, and take the extra time and effort, you wont be making much more profit anyways, But, if thats your plan, good luck.
 
Ya man growing weed for profit is extremely tough unless you grow decent outdoor, just cause outdoor is nearly free to grow and grows big. You can make hash from it too, which might be easier to sell to the clubs.

Either way, its a bad idea unless you dont make it your side project or hobby.
 
Thanks for the info guys. From what you have all said, it seems like I am not being very realistic. I never thought the clubs would low ball growers like that. They must be making a killing with that sort of profit margin. The key is to sell to the people and not the dispensaries. That would be tough because I don't know anyone in the Seattle area.

I am confident in being able to grow some quality bud. But, the rest of the equation seems pretty stacked against me. Again, I appreciate the info.
 
15 grand is a pretty good start, and if you play your cards right i think you should be able to come out on top. unless you are a seasoned grower and are very confident in your ability to control the growing conditions and produce quality buds, i would start small and expand from there. figure your monthly cost to operate, add 15% on top of that, and make sure you have atleast that much saved up. keep in mind that even seasoned growers still have failed crops due to unpreventable reasons, so don't break the bank and count on coming up after harvest. if you want to go big, use your profits to expand, not your savings.

the price clubs pay depend on the quality and the area that they are in. supply and demand really. on the west coast, the further up you go the cheaper and more abundant weed becomes. personally, i've never heard of a club paying less than 3 grand for a pound of a grades except during harvest, but even still 25-3gs is the going rate during the flood. in my area, if you want top dollar for your buds you have to deal with the clubs. the clubs will pay top dollar because they can sell it for top dollar.

the odds might be stacked against you, but that doesn't mean its impossible. i wouldn't worry about not knowing people. if your moving to seattle there are a ton of people who are into the same things as you, its just a matter of finding them. take a few classes at a college, get a job where you can meet people with your interest, join stupid clubs or whatever it takes, just don't waste your life locked up in your house. seriously man, you can do alot with 15gs, just make sure your thinking it all the way through.
 
Sounds like your best bet is to become a care giver or do a delivery service. It can be shady and youll be putting the spot light on you. But if you are doing everything legal you should be OK.

There's plenty of places to advertise, and you could hook up patients for recommending you.
 
I have a similar plan...I'd suggest you grow now to oget money up. I got 1 huge plant in flowering now, 2 clones veging, and 2 new seedlings. Im gonna do the "SOG" grow op which will give you a harvest every two weeks!

Besides have you ever even grown before? If not its a skill you dont just wake up one day like "Im a master grower...", and unless you have monrey stashed away you need cash too.

No hate, all support!
 
Grows for personal use are allowed, that's not vague. Intent to sell or "to make a profit" is pretty darn obvious in this thread.
 
With the title of the thread being growing medical marijuana for profit.

I'm pretty inclined to agree with Blowmonkey ;)
 
The chances of getting fucked over are really high, especially if you come on a public drugs forum and ask a question like this.

If it's you running solo - forget about it, unless you have really good intentions, besides wanting to make a buncha cash, I don't think you'll do well with this venture.
 
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