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By Eli McVey
Typical startup costs for wholesale cannabis cultivation businesses launched in the last three years amount to $42 per square foot, according to data in the newly released Marijuana Business Factbook 2017.
But actual startup costs can vary widely based on the market each wholesaler serves and – to an even greater extent – the cultivation method used to grow marijuana.
Cultivators with indoor grow operations reported significantly higher startup costs per square foot relative to that of greenhouse, outdoor and combination cultivation types – a reflection of the large upfront expenditures required