Christopher Wright & Scott Bell
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What if you could save ® the life of one child? What if you could ride the crest of the Green Rush, help those suffering from debilitating illnesses and diseases…and make a good living? Would you do it? Sadie is the very special little girl in the middle of the picture. Her life was saved by medical marijuana 4 years ago. The healing properties in CBD and THC are why she’s alive and beautiful today. To her left is Scott Bell, and to her right is Christopher Wright. Sadie’s story is the WITH CANNABIS reason they wrote this book. Grow and Grow Rich shows you how to create a medical marijuana business that allows you to “do good” for others in need and “do well” financially for yourself. Follow their 5-Step Formula, and build a thriving and sustainable business in the exploding cannabis industry today. CHRISTOPHER WRIGHT & SCOTT BELL For more info go to: www.GrowAndGrowRichAcademy.com or call 1-800-436-5414 CHRISTOPHER WRIGHT & SCOTT BELL Grow and Grow Rich with Cannabis All Rights Reserved. Copyright © 2018 Christopher Wright and Scott Bell v1.0 The opinions expressed in this manuscript are solely the opinions of the author and do not represent the opinions or thoughts of the publisher. The author has represented and warranted full ownership and/or legal right to publish all the materials in this book. This book may not be reproduced, transmitted, or stored in whole or in part by any means, including graphic, electronic, or mechanical without the express written consent of the publisher except in the case of brief quotations embodied in critical articles and reviews. Outskirts Press, Inc. http://www.outskirtspress.com Paperback ISBN: 978-1-4787-0757-8 Hardback ISBN: 978-1-4787-1160-5 Cover Illustration © 2018 Candice Osborne. All rights reserved - used with permission. Outskirts Press and the “OP” logo are trademarks belonging to Outskirts Press, Inc. PRINTED IN THE UNITED STATES OF AMERICA DISCLAIMER Grow and Grow Rich LLC./Grow and Grow Rich Academy, dba in this book offers health, wellness, and cannabis information designed for educational purposes only. You should not rely on this information as a substitute for, nor does it replace, professional medical advice, diagnosis, or treatment. If you have any concerns or questions about your health, you should always consult with a physician or other health-care professional. Do not disregard, avoid, or delay obtaining medical or health related advice from your health-care professional because of something you may have read on this book. Using any information provided herein is solely at your own risk. Marijuana remains illegal under federal law. The Federal Government does not recognize marijuana to have any medicinal values. Marijuana sales and distributions are illegal under federal laws. Please be mindful that possessing, using, distributing, and selling marijuana are all federal crimes and neither the information we provide you nor any advice or recommendations we give you are intended to assist you in violating federal law nor will they in any way assist you in complying with federal law. Please also note the Internal Revenue Service (IRS) will not recognize your entity as a not-for-profit for federal tax purposes so you may need to pay federal taxes just as though you were a for-profit entity. Information: The information shared in this book, including its websites or any other such information, is not legal advice and cannot be quoted for legal matters. Any information on this book is general information and is not liable for any specific use for avoiding legal obligations. Grow and Grow Rich®, LLC./Grow and Grow Rich Academy, dba encourages you to seek marijuana legal advice before doing anything in the cannabis industry. We are not attorneys, and we do not give legal advice. Tax Advice: Grow and Grow Rich LLC./Grow and Grow Rich Academy, dba. does not provide you or your business any tax consultation or provide any personal or business tax advice. We are not tax advisers and do not provide any such advice either express or implied. We encourage all users of this book to seek professional tax consultation from concerned authorities for tax related queries and assistance. Table of Contents Who We Are and Why Cannabis .................................................... 1 Scott’s Story ................................................................................ 1 Chris’s Story ............................................................................... 4 How Chris’s and Scott’s Paths Converged ................................... 6 A Partnership is Formed .............................................................. 9 What Scott and Chris Bring to the Table ..................................... 9 Why Cannabis? ........................................................................ 11 The Science Behind Cannabis as a Medicine............................ 15 It’s Time to Come Out of the Closet .......................................... 18 Get on Board the Green Rush .................................................. 19 The Purpose of This Book ......................................................... 20 Pick an Income Stream ................................................................ 22 Where Do You Start? ................................................................ 22 How to Think Outside of the Box ............................................. 23 A Real Example of Someone Who Found Their Niche .............. 24 Consider the Green Zone ......................................................... 25 How The Green Zone Can Spawn Other Niches ...................... 28 Indoor Grows ........................................................................... 29 DIFFERENT CANNABIS STRAINS REQUIRE DIFFERENT GROW ROOMS .................................................................. 30 HOW TO BUILD A GROW ROOM ..................................... 32 WHY PLANT SIZE IS MOST IMPORTANT ........................... 33 START FIRST WITH WATER ................................................. 35 ACCOMMODATE FOR PLANT HEIGHT AT EACH STAGE ... 38 CRUCIAL POINTS WHEN PLANNING ................................ 39 OTHER THOUGHTS ABOUT INDOOR GROWS ................ 40 NUTRIENTS AND FEEDING SCHEDULE ............................. 40 Outdoor Grows ........................................................................ 44 PICKING YOUR SITE ........................................................... 45 KNOW YOUR MEDIUM ...................................................... 46 HOW TALL WILL YOU GROW YOUR PLANTS? .................. 47 DETERMINE HOW TO DELIVER WATER ............................. 47 SEEDS VS. CLONES ............................................................. 49 TRANSPLANTING ............................................................... 50 ORGANIC GROWING ........................................................ 53 WATER ................................................................................ 55 HOW TO CURE YOUR PLANTS .......................................... 58 STORING AND PACKAGING .............................................. 58 PACKAGING AND PRESENTATION .................................... 58 Edibles, Oils & Extracts ............................................................ 59 WHY “EDIBLES” IS A MISLEADING TERM .......................... 60 LOOK FOR VERTICALLY INTEGRATED OPERATIONS ......... 61 INTRODUCTION TO INFUSED PRODUCTS ....................... 61 YOUR BODY’S CANNABINOIDS SYSTEM .......................... 63 INFUSED PRODUCT TYPES ................................................ 64 EXAMPLES OF EFFECTIVE BRANDS .................................... 64 HOW DOSAGES ARE READ ................................................ 65 WHAT IS POSSIBLE WITH INFUSED PRODUCTS? .............. 65 BIOMASS, EXTRACTIONS, AND INFUSIONS ..................... 65 Green Zone Real Estate ............................................................ 66 In Green Zone Real Estate, you have three ways to make money: ....................................................................... 67 BUILD YOUR GREEN ZONE POWER TEAM ........................ 69 PICK YOUR GREEN ZONE MARKET ................................... 72 FIND THE DEAL .................................................................. 73 DEAL ANALYSIS .................................................................. 74 SECURE THE DEAL .............................................................. 74 FUND THE DEAL ................................................................ 74 RENOVATE, RENT, OR RESELL ............................................ 75 Where Do Most People Go Wrong? ......................................... 76 Final Thoughts .......................................................................... 77 Get Legal: Everything You Need to Know ..................................... 80 Jim Fitzpatrick, Solutioneer in the Medical Marijuana Industry . 80 A History of Marijuana Legalization ......................................... 81 The Future of Cannabis Legalization ........................................ 83 Understanding Rules and Regulations ...................................... 83 Hire an Expert—Or Become One ............................................. 83 Regulatory Compliance is a Priority ......................................... 85 The Hierarchy of Federal, State, and Local Laws ....................... 85 Federal Enforcement of Controlled Substances Act ................... 87 State Laws ................................................................................ 88 Local Law ...............................................................................