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Growing marijuana is the best investment you’ll ever make, period. Ganjanomics is the course you should have taken in college. Our marijuana grow tool shows you the return on investment (ROI) of growing pot in your legal state vs. the stock market. Buh bye ETFs, hello home grown!
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UNDERSTANDING THE ‘ROI’ OF WEED
As part of Grizzle's ongoing research into the Marijuana industry, we have incorporated regional growing laws, electricity prices and standard growing costs into a tool to help users identify the return on investment (ROI) of growing weed at home versus buying it from a dispensary. Let’s walk you through the math:
Cost of Growing Marijuana
Let's say you live in Colorado and want to grow 2 plants outdoors as a beginner grower. Here's a breakdown of your costs:
|Growing Supplies||Gardening Tools||Time|
|Seeds, pots, soil||Snipper, gloves, trowel||15 hours at $15/hr|
TOTAL = $342
Yield From Growing Marijuana
We then incorporate an approximate yield per plant based on a beginner grower to calculate your total estimated harvest of 375 grams.
|Outdoor Yield (Beginner)||Number of Plants||Total Harvest|
|188 grams/plant||2||375 grams|
Cost of Buying Marijuana at a Dispensary
The average local cost of marijuana at a dispensary in Colorado is about $7.10/gram so buying 375 grams of marijuana at a dispensary would cost $2,662.
Growing your own would save you $2,321 on your investment of $342 for an ROI of 679%!