Black Eagle Business Plan
Executive Summary
The development of Cannabis business in the last few years has been monumental, and the past year 2018 was the most important period for the industry. For individual investors, the ‘weed’ sector is highly speculative and somewhat exotic. It is difficult to verify individual companies, hence, to obtain a diversified exposure to Cannabis share, GACGI may be a sensible solution.
To be able to succeed in investing in the industry, it is necessary to understand the basics of this industry and know the business structure of companies and their actual participation in industry.
Cannabis is one of the treatment trends as it has been proven to be a remedy to many diseases and disorders. Marijuana is a term used to describe the psychoactive substance obtained from the cannabis leaf and flower-seed tips (Cannabis sativa). Hemp has a long history of human use. For centuries they have been used as an important source of fibers for the production of fabrics, ropes, nets, bags and clothes. They are known in the history of the use of cannabis as an element supporting religious rites. Hemp was also treated as a herbal medicine and for recreational purposes as a narcotic drug. Don't use plagiarised sources.Get your custom essay just from $11/page
Green acres consulting group is a full-service consulting firm that provides technical assistance, licensing, compliance, and other business services provider for cultivator, manufacturers, distributors, retailers, micro-businesses and other industry related companies that seek to operate in the State of Illinois. We help all types of cannabis-related companies navigate the new and complex requirements that surround everything from the submission of a license application, to the broad range of intricate ongoing compliance standards that will be mandated by law. From cannabis cultivation, to professional and chemical engineering, to local lobbying, GACGI has all the right professionals and experts on staff, for guiding cannabis business from start to launch with support for ongoing compliance.
GACGI team includes individuals with many years of experience in the cannabis industry and all the business and engineering credentials to help with strategic facility planning and development, equipment allocation, talent acquisition and training, licensed professional engineer and chemical engineer on staff and efficiency optimization
Legal cannabis generated $16 billion in total economic output in the United States in 2017, and research indicates it will increase 150 percent by 2021, according to a report from cannabis industry analysts Market Research, in partnership with BDS Analytics.
So how do anyone get a foothold in this sunrise industry? With so many people jumping on the seemingly lucrative cannabis bandwagon, it is important for anyone to carefully think through any cannabis company before starting. In legal states, the markets have become so saturated that cannabis companies can end up with thousands of pounds of unsold product.
Before now, Cannabis is the world’s most commonly cultivated, trafficked, and used illicit drug, and as the push for legalization at home and abroad grows, marijuana is garnering significant attention from investors, manufacturers, and researchers. Despite the plant being illegal under federal law as a Schedule drug, the U.S. legal marijuana industry was estimated at $10.4 billion in 2018 with 250,000 jobs devoted to the handling of plants, according to New Frontier Data. A total of 33 states have legalized marijuana for medical use, 10 of which allow adults to legally use the drug for recreational use. And that number may continue to rise, as more people are accepting the idea of legalizing marijuana across the United States.