It costs a ton of money to grow cannabis, especially during a drought; It takes a lot of water and sun to cultivate wonderful cannabis that can be sold in a dispensary.
I am trying to grow cannabis that can be sold in the dispensary and that takes a lot of time and energy… When there was no water last year, I had to spend about $7,500 on just water.
I had to spend more money than that on farming supplies, however during the drought, my associate and I had many wind storms and I lost a lot of farming equipment. I knew it was going to take quite a while before I was able to recoup all of the money that I lost during the storms, although I was determined to try. I never expected the region to have so much rain during the winter season season this year! My personal reservoir is filled and so are my extra storage tanks. I won’t have to spend any money at all this year on water and that means that I can honestly concentrate on making sure that the crops get all of the food and nutrients that they need. I should have made about $150,000 last year on cannabis and I ended up barely breaking even, but this year I am hoping to make more than twice that amount of money. With filled storage tanks and a sunny, hot Springtime, I believe I might be able to get out of the red. If things do not go well, I’ll be looking for a buyer for the cannabis farm.