How is that a way into the fold?
Not at all. You will recieve preferenc for a rec license but you should be prepared to sustain losses for awhile, and be completely shut out once the big companys start with vertical integration and stacking...small companys will not be able to compete just on the princible of economies of scale alone. Hard for a class A to compete with a company that could potentially grow thousands upon thousands of plant right?. If you had pre arranged aggreement with established outlets(the ones who will no doubt become establiahed under the mmfla) then you got a better chance. To me anyway..it just seems like a giant money pit to produce whatll eventually be a relatively cheap product on the wholesale side(small peofit margins) if other states are any type of indicator for what to expect.
I spoke with a friend who is heavily invested in the industry across multiple states and he basically said this. It was also a reason they are not trying to enter Michigan and they own multiple 50,000SF grow ops.
He said to pursue the dispensary side which is what I'm focusing on. I'm trying to stay away from established, large municipalities like Detroit and Ann Arbor. It's hard to find any info on who has applied because the application process isn't open yet, but I did find an article about some major cultivation center plans around the area I'm looking.
The next step i'm trying to do is connect with a business lawyer who has some experience in this field to try and get more info on a site and license qualifications, etc...the business plan and assets are actually the easy part for me. I just need a proper plan going forward to present.
