NCIA 2019 Cannabis Business Summit

How to Spend Capital Wisely When Developing Your Cultivation and Processing Operations (Room Executive AB)

24 Jul 19
11:15 AM - 12:15 PM

Tracks: Cultivation & Processing, Regulations and Business Services, Retail, Delivery, & Distribution

Speaker(s): Adam Campbell, Senior Project Manager, Century 3 Engineering; Brian Anderson, Founding Partner, Anderson Porter Design;

Moderator(s): Jay Czarkowski, Founding Partner, Canna Advisors

Capital planning methodology is used for hundreds of years in other industries involving scale to decrease hiccups and challenges caused by poor planning and strategy. It is a big undertaking to build and operate an efficient, compliant cannabis facility, as there are many moving parts to assemble and coordinate. Your process defines your project, and the currently accepted industry process leads to breakdowns, money issues, and delayed time-to-market. Whether manufacturing indoors or in a greenhouse, cannabis cultivation must be addressed for what it is — an industrial-agricultural manufacturing process. Hiring a commercial builder to start a design-build process for a cannabis facility with a non-industrial approach is a sure path to spending more time and money in the long run. Attendees will learn the secrets to cannabis facility design that save time and allow production to start faster so that there is a clear path, no surprises or wasted effort, less budget required for building, and a quicker time to production, with on-time delivery.