Contributor: Kellan Stark
If you are under the impression that finding and purchasing a marijuana grow space in Michigan is easy, I’m sorry, but that’s not exactly how things work. That’s not to say that finding a marijuana grow space for sale in Michigan is impossible. In fact, you may be surprised at how many options are actually available.
But, like with any other pieces of real estate, not all locations are created equal. They all have their fair share of strengths and weaknesses, and it’s up to the individual proprietor of the property to gauge the pros and the cons. If everything seems to work out in their favor, then boom, they are off to the races. But, more often than not, the negatives tend to outweigh the positives, which makes the hunt for a truly amazing marijuana grow space for sale in Michigan substantially difficult.
Strike while the iron is hot
Stepping foot into the crazy competitive cannabis industry is a tremendously daunting task. There seems to be a neverending onslaught of folks trying to “strike while the iron is hot,” as they say, and that only makes things that much more difficult. And that goes double for the people who are sincerely passionate for the plant, and have nothing but good intentions behind their cannabis endeavors.
However, at the end of the day, intention is meaningless. It’s all about acquiring the necessary elements and aspects required for a burgeoning cannabis business to actually become successful. And, while there is a veritable litany of things one has to concern themselves when taking on this seemingly impossible terrain, the very first thing that needs to be focused on is real estate – marijuana grow spaces, to be more specific.
Let’s put ourselves in the shoes of a potential cannabis entrepreneur for a moment. For the sake of this conversation, this person is in the market for a marijuana grow space for sale in Michigan, but they are not entirely sure what they are looking for. When it all comes down to it, this person wants to be able to customize the look and feel of the place, without sacrificing too much time. Basically, they want to hit the ground running as soon as possible because, as we’ve already touched on, the cannabis industry is only getting more and more competitive by the day. Time is (quite literally) money when we’re talking cannabis, so the quicker you can start selling a product, the better off you’ll be.
Potential marijuana grow space
Alright, so with those keypoints in mind, our person has shockingly narrowed down their choices. Both are roughly in the same region of the state as they had hoped, so that’s a win, but they have a major difference separating them. One of these locations is completely barren. It’s fully gutted on the inside, and the exterior of the place needs a lot of TLC, as well. Though the exteriors of grow spaces don’t mean much, that wasn’t a major deterrent for our hypothetical business owner. Which is why this location is still in the running as a potential marijuana grow space for sale in Michigan.
Now, on the other hand, the other location is fully automated and fitted to be a working grow house. Not in a month, not in a week – right now. It’s akin to a “turn key” house for those looking for a place to live. Everything on the inside (and most times, on the outside, as well) is ready to go. There would be no need for the new owner to do anything, other than move in, and start working.
This seems like the obvious choice, right? Well, take into consideration a few things here before you solidify an answer. Our make-believe business owner likes the appeal of the first, empty marijuana grow space for sale in Michigan because he can build it from the ground up to fit their specific customizations.
However, in order to do so, that means they won’t be able to open up for business for quite some time. Plus, they’d have to spend a good amount of extra money just to make that entire dream come true. So, even if this place is substantially cheaper than the turn key, that price often skyrockets once the potential owners start calculating the costs of all of their desired renovations.
Now, with the turn key, it may be a bit more expensive than the barren option, but that’s a flat rate that they’d pay. There would be no ongoing remodels or renovations to pay for. Also, they’d be able to get their business up and off the ground much quicker this way. So, yes, you may have to fork over a little bit more at the onset to pay for a turn key marijuana grow space for sale in Michigan, but trust me, it’s the only way to go – and you’ll be happy you did.
When you sit down and truly take the time to consider all of the angles and possibilities, the turn key option is always going to make more sense.
However, in order to do so, that means they won’t be able to open up for business for quite some time. Plus, they’d have to spend a good amount of extra money just to make that entire dream come true. So, even if this place is substantially cheaper than the turn key, that price often skyrockets once the potential owners start calculating the costs of all of their desired renovations.
Some don’t consider how long it takes to build a place up from nothing. Sure, it is rewarding and fulfilling once it is all said and done, but the time, effort, and money spent on such an endeavor is quite a risk. The time and money spent during these months, sometimes years, could’ve been put back into your business model. You could’ve been able to keep up with the competition, if not leap over them completely.
Again, time is money, especially in the cannabis industry. And that’s why you need to be as smart with it as you can. You need to get the most out of every second you put toward your business, and when you do, your company’s profitability goes through the roof. So, if you are currently (or plan to be) in the market for a marijuana grow space for sale in Michigan, remember these suggestions. They may just be the thing that takes your company from mediocre to legendary – fast!
When you sit down and truly take the time to consider all of the angles and possibilities, the turn key option is always going to make more sense.
However, in order to do so, that means they won’t be able to open up for business for quite some time. Plus, they’d have to spend a good amount of extra money just to make that entire dream come true. So, even if this place is substantially cheaper than the turn key, that price often skyrockets once the potential owners start calculating the costs of all of their desired renovations.
