What did you say the growers get per gram? Who guarantees that rate? They pay all the expense to operate the grow correct?
Who owns the property? Are you saying the grower is the mortgagee? What interest rate on that loan ? Payment terms?
A lot consider for a grower?
All great questions, still lots of work to get this project going.
- $3.57 per gram is what I’m shooting for wholesale.
-there’s no garentees in life
-overhead is covered until 1st harvest, then it’s your responsibility to pay bills.
-at end of payback period o/o would own it out right. Until then it’s held as security.
-depends if they own property to begin with, if so it would be held as collateral until payback.
-interest rate hasn’t been discussed, but a modest ROI would be there for investor, also depends on terms to be negotiated case by case. The investment isn’t the return on interest but to secure multiple growers to supply rec stores.
-payback would come from portion of Facilities profit, until loan is payed back. Then all profit is yours, once payback is complete a contract to supply your product exclusively for a set term 5 years???
Still a ton of work and questions need to be done. Just getting a feel and input on the project and viability. All input and opinions are welcome.
Itsme.