Looking at these totals, you’ll find that growing can be done for a much lower price than purchasing your product at the store. However, labor and property aren’t included in these costs. Someone will have to check in on the garden daily and spend time pruning, trimming, feeding, watering, and monitoring the plants for signs of disease, rot, or mold. Growing cannabis is labor-intensive and can be difficult, but if you’re looking for a new hobby and have the time to dedicate to it, you will save money and enjoy yourself.
For this estimate, we are growing in a climate where plants can be outside from the start of the season (July) to the end of the season (October). Again, we assume using clones to start, which aren’t included in our cost estimates.
With a 1000-watt bulb, ideally, you will produce up to a gram of flower per watt. Realistically, when starting out, you might get anywhere between half a gram and a gram per watt. This assumes you avoid pests and disease, and you feed your plants nutrients to keep them healthy. You should set aside an hour or more every couple days to observe your plants and work in the garden to keep your plants happy.
Growing cannabis outdoors can be a very simple startup process. The biggest factor to take into account is the climate where you live. It needs to be sunny and dry enough to promote growth and prevent rot, and it needs to stay sunny and warm long enough into the fall to allow the plants to finish flowering. Growing in a greenhouse can help regulate temperature and moisture-related issues.
Estimated Price Per Gram of Indoor and Outdoor Cannabis Grows
Other expenses that may have an impact on your grow are equipment having to do with security or controlling odor.
If you’re curious about the approximate costs of growing your own cannabis, keep in mind that pricing varies between growing indoors and outdoors, as well as the size of your grow.
When including estimated labor costs of $20 per day for the growing period, the prices change significantly. (We adjusted the labor time needed for the 2′ x 2′ space at $10 per day because the size of the space is much more manageable.)
Growing Cannabis Outdoors
If you already own equipment from growing other types of plants, you can certainly reuse many of these startup materials for growing cannabis. Growing just a plant or two in your yard will cost even less than the prices listed in these table.
For our indoor cannabis grow cost estimates, we estimated costs for a 6′ x 6′ grow space, using soil as the growing medium, and only one room for both vegetative growing and flowering. Also, let’s assume we’re in a temperate climate where the use of A/C won’t be necessary, which will save some energy costs.
Total = $830,000.
Lets try to calculate how much electricity does it take to grow cannabis indoors for our scenario:
Cannabis Cultivation Business Setup, sample
Sales are about 1,400 lbs. per year:
Cannabis Cultivation Direct & Operating Costs
Indoor cultivators produce year-round and can generate between 1 and 12 harvests per year. Main indoor cons include: