155+ Acres w/ Renovated Geothermal Nearly Net Zero Farmhouse & Cannabis Growing Bldng

[Beth Thorne]

155 farmland acres + renovated farmhouse + a startup cannabis business, in excellent Maryland location. Beautiful and picturesque, adorable small town, Land is in a preservation zone, but there are ways besides subdivision to make money on land. Renting to farmers, tax incentives for farmers. Resell value will be ridiculous if held for a few years. Whole surrounding area and county is being developed.

Our plan is to turn one of the buildings into a cannabis micro grower. We are familiar with the process. There is a shortage of product and limited certified growers in the state, so the demand at dispensaries and processors is very high. Maryland is also considering making psilocybin legal (next few years likely). Great idea to get in on the ground floor in that market, meeting with officials. I’m a very hands on entrepreneur, own a small prime government contracting business. Also, we plan to make the farmhouse and growing building/s nearly net zero, which will lower cost of utilities to zero. It will also significantly raise the resale amount. The money is spent in the initial investment of renovations, which also include tax incentives, grants and other incentives.

Project can be completed in 6 months.
TOTAL INVESTMENT: $4 million

[Jay Hinrichs]

Beth,  utls are huge for Cannabis .  What we have seen on the west coast is first folks in did well to real well.. now its in the dumps.. most are losing money hand over fist.. I have to think it works if there is limited licenses .. so you can control the production and not over produce like what has happened out west.

[Beth Thorne]

We’re building out the building to be nearly net zero, geothermal and solar; it costs about $100K but there are rebates and tax incentives and rebates. The utilities will cost nothing (hence zero net).

There are a limited amount of growers, processors and dispensaries in MD so the market is controlled.

https://cannabis.maryland.gov/Pages/Cannabis-Business-Licens...

[Jay Hinrichs]

Quote from @Beth Thorne:

We’re building out the building to be nearly net zero, geothermal and solar; it costs about $100K but there are rebates and tax incentives and rebates. The utilities will cost nothing (hence zero net).

There are a limited amount of growers, processors and dispensaries in MD so the market is controlled.

https://cannabis.maryland.gov/Pages/Cannabis-Business-Licens...

well then the big money players should be lining up for this..  I know many in Oregon that got in and went bust.. my partner in my airplane lost about 500k on his grow venture. 

[Beth Thorne]

Quote from @Jay Hinrichs:

Quote from @Beth Thorne:

We’re building out the building to be nearly net zero, geothermal and solar; it costs about $100K but there are rebates and tax incentives and rebates. The utilities will cost nothing (hence zero net).

There are a limited amount of growers, processors and dispensaries in MD so the market is controlled.

https://cannabis.maryland.gov/Pages/Cannabis-Business-Licens...

well then the big money players should be lining up for this..  I know many in Oregon that got in and went bust.. my partner in my airplane lost about 500k on his grow venture. 

 That sucks, I’m sorry to hear that. I don’t know much about the Oregon market but Maryland is very controlled and it’s not easy to get a license. There’s also a really high demand for certain strains, which we will be growing.

…so how can can I contact these big players who may be interested? Asking for a friend lol