GREY:CRXPF - Post by User
Comment by
Irie99on Feb 12, 2019 1:49pm
56 Views
Post# 29353952
RE:RE:CROP - Any time spike to $1.00 Soon- news out.
RE:RE:CROP - Any time spike to $1.00 Soon- news out.It depends on a lot of different factors. I can’t find any stats from Cali since rec was legalized. In 2016 dispensaries avg $975/ sq ft. But it all depends on your demographic, your marketing, your brand recognition, and location location location. Pricing and creating loyalty are key.
I’ve read that some can clear up to $20 mil a year. If you own the real estate and don’t have to pay rent or lease, your margins will be better and you have the added bonus of owning the real estate asset. Start up costs are between 500k-1 mil (more if you buy the building). There are high end dispensaries, low bottom ones and a range in between.