What is Cannabis Shared Space?

What is a Cannabis Shared Space?

These days, it can be hard to rent out your own office space, especially as a start-up or a new business. Because of this shared office spaces have become extremely popular, especially in large metropolitan cities. These office spaces allow businesses to have an office without the stress of an expensive lease for just one company.

Confused about why shared spaces are so popular, and why My Green Network is such a big proponent of them? Here are some advantages to shared office spaces:

  1. Flexibility: Shared office spaces allow for easily adaptable environments for your business. Most shared office spaces are paid for month to month, which means that new start-ups are not going to be boxed in by year-long leases. These month-to-month dues are also perfect for a new business in its prime. For example, if your team increased significantly or decreases significantly, it is easier to switch to a different office space that is more conducive to your needs. Further, there are no fees or security deposits needed to rent out most shared office spaces, which helps to keep costs down when a business is just getting started.
  2. Networking: Businesses just getting started need as many connections in their respective industry as possible. That makes networking extremely crucial, and shared-office spaces are a perfect, easy way to make connections. With shared office spaces it’s inevitable that you will work with employees from other businesses, which can lead to collaborating with other entrepreneurs and expanding your social network. For a start-up, these connections can be crucial to the success and launch of your business.
  3. Partnerships: In addition to networking, shared spaces usually attract a lot of attention from potential investors or partners. In fact, those looking to invest might seek out shared spaces and visit them in order to find new start-ups to work with and new marketing to tap into. Therefore, working in a shared-office space will allow new businesses to easily connect with possible corporate partnerships and investors, making it the perfect space for a new start-up looking to expand their business.
  4. Amenities: Leading a space comes with the hassle of buying furniture and investing in WiFi, printers, IT support, and other office necessities. Finding these can not only be time consuming but costly. Shared-spaces change all that, as in these spaces furniture, WiFi, kitchen spaces, printers, and mail distribution is usually included. This means businesses save time and money trying to find these resources on their own, and start-ups do not have to deal with these administrative tasks.
  5. Education: Many shared office spaces generally host workshops, speaking events, or programs offered to the businesses that work there.  These events not only serve as opportunities to network, but also opportunities to learn more about the industry you are in and the latest news in the field. As a start-up, staying up to date with these new innovations is especially important.

Once businesses start in a shared office space, they can’t stay there forever. Ideally the business should expand and need to find a new private space when the company begins to gain momentum. Companies generally know it is time to find their own space when they are interested in customizing their office to fit their brand and their culture.

Overall, shared spaces are a new, efficient way to grow your business without fronting expensive costs many start-ups struggle to afford. If you’re interested in participating in a shared space, contact us at My Green Network to help get you started! Our shared spaces are brand new facilities filled with new leaders in the cannabis industry.

5 Things You Should Know Before Starting a Cannabis Business

What you Need to Know to Start a Cannabis Business

What do I Actually Need to Know to Start a Cannabis Manufacturing Business?

Entering the cannabis industry takes a lot of courage and risk-taking because there are many obstacles that do not face other professional spaces. What makes it even more challenging is that there is no real template for how to avoid all the pitfalls, because the rules are always changing. That is not to say a person should avoid becoming a cannabis manufacturer because the experience can be very fulfilling. When consumers report the amazing benefits or explain how your products changed their lives, the reasons for being in this space become clear. There are ways to prepare for the challenges, of course, especially when you do your research.

1. Major Marketing Roadblocks

Cannabis and CBD manufacturers must deal with something expressly unique that other industries do not – extremely restrictive marketing rules. Before you even begin a marketing plan, the product label can’t even list the function. In other words, depending on the product, you may only list the product ingredients.

This can be more than a hassle for those who manufacture cannabis wellness products, especially if you want to stand out from the other brands. Additionally, there are many digital marketing challenges to face in the cannabis industry. Social media posts about products cannot imply that there are any healing properties, nor can they insinuate that any ingredients can relieve symptoms.

Companies are not even allowed to publish customer testimonials in some cases because they can be viewed as medical claims (according to the FDA). Social media platforms like Facebook penalize cannabis brands often, even when they are not selling physical products. The platforms claim that any ads related to cannabis (even non-plant touching content) violates rules by offering “drugs” to the public.

2. Ever-Changing Regulations

The regulatory framework of the cannabis industry is constantly changing, and trying to keep up can be overwhelming, to say the least. Each state that allows for medical or recreational cannabis has a different set of complex regulations about packaging, selling, and advertising products. While these states learn how to work out the kinks of a nascent industry, manufacturers must prepare for the changes.

Trying to stay up to date on every change is impossible to do alone, which is why it makes all the difference to align with a workspace that takes care of compliance certification. It can also help to hire a consultant or to add someone to your team who specializes in regulatory updates to save a huge hassle later. Making the mistake of attempting to do it all in-house will only result in a short lifespan for your product line.

3. E-commerce

Because of federal laws prohibiting the online sale of products containing THC, manufacturers have severe limitations with e-commerce. This means having to count on dispensaries and retail locations, which is already a struggle with packaging restrictions. What this means for companies is a major loss of potential profit, and a tougher journey to become visible as a brand.

4. Banking is Difficult

Every cannabis and CBD business must deal with a lack of banking options, which makes it difficult to accept different types of payment from consumers. Mainstream banking solutions refusing to align with cannabis businesses make paying for bills and other monthly maintenance a complex issue. Additionally, storing a lot of cash on-site is a major security issue, and can make payroll a nightmare.
Luckily, there are some creative banking solutions becoming more available to entrepreneurs but having access will continue to be a challenge. It helps to have the right consultants and mentors on your team to guide you through the struggles and offer creative alternatives. Being a cannabis manufacturer is hard work, but with the right team and some patience, it can be the most rewarding experience.

And finally: It’s EXTREMELY expensive
Starting a Cannabis business is expensive. You’ll have to think about the cost of licensing, legal consultant fees, property, construction, equipment, marketing, and more. And yes, all that even before making your first product sale.

BUT YOU DON’T HAVE TO WORRY ABOUT THAT ANYMORE. YOU CAN START SMART.

For many of these challenges, MyGN offers solutions, and they are all in one place. 5 cannabis shared-kitchens for cannabis manufacturing, guaranteed Licensing, investment, branding and packaging, and more types of resources are available for MyGN members. As the first shared cannabis manufacturing facility in the USA, we are dedicated to offering you full support to turn your cannabis dreams into reality.

The Real Cost for a California Cannabis License

California Cannabis License

Have you Ever Wondered What was the Actual Cost to Get a Cannabis License?

Look No Further

In this article we’ll break it down for you drawing upon our experience in acquiring cannabis licenses in 2 states and participating in over 17 successful cannabis licenses. Over this time, we identified the 6 main barriers-to-entry. Of course, the primary concern for everyone is:

How Much Does it Actually Cost to Start a Cannabis Business?

We hope our experiences can help people take knowledgeable steps so they aren’t wasting their own, investors, or other people’s resources and time. We intend this to be a mini walk through of how much it costs to start a small facility 3000 square foot manufacturing facility in California. However, most of this is easily swappable/transmutable to all other legal/quasi-legal cannabis states. So, let’s get started.

The Average Cost to Open a Cannabis Business is $750,000+

This amount is a combination of a LOT of steps which no one says anything about, mostly because everyone is trying to get ahead of everyone else, attorneys have an overwhelmingly new area to learn and navigate through so they charge a ton, and everyone puts a premium on “cannabis” because well – it’s the future holy money-making grail.

First Step – Property Identification

First and foremost is identifying property. Cannabis is vastly different from any other industry in the world. This is because unlike alcohol, pharmaceuticals, cigarettes, or just purely illegal drugs – cannabis is a quasi-legal product which is not legal under federal law.

Green Zone Properties

In California, the cities and states have all the power in deciding zoning for cannabis properties. Commonly known as “Green Zone” properties, these properties automatically 2x to 5x in value if they are in the legal “Green Zone” for a city. So your first hurdle is making sure that the property you selected is even the Green Zone.

A cannabis consultant could charge anywhere between $1,000 to $10,000 or even equity depending on the length of time to go look for properties, check their zoning, then verify its location with the city. For us, it took us 16 cities and 43 different properties before we found one. Let’s just average it at $5,000 which is relatively cheap.

Leasing or Purchasing Green Zone Properties

As a result of the state vs federal law conflicts: No federal bank will give loans for cannabis properties.

Cannabis Property Costs

That’s right. This means you have two choices as a cannabis business – (1) own a property outright with NO loans or (2) Rent from a landlord who owns a property outright with no bank loans. With a 2x to 5x in value for no reason other than it’s Green Zone, this means that your property costs shoot up vastly.

Let’s average the cost for purchase at $300.00/Sqft and leasing at $3.00/Sqft. With a 3000 sqft facility, we’re looking at $900,000 (purchase) or $9,000 a month (Lease).

Second Step – City Application

The second opening cost of any cannabis application is the city or county fees. We break this down to two types of city fees: (1) Explicit Fees & (2) “Discretionary” Fees.

The explicit fees are what are publicly stated and the discretionary fees are while you are on the process – what a city a can charge you for any reason at any rate at their discretion.

Express Fees

Cannabis Property Costs and Fees

The express fees usually range from at a minimum, $5,000 to up to $25,000+ in some outlier cities. Most will charge between $5,000 – $15,000 For example, the city of Long Beach charges $5,925.45 in fees for 1 owner. If you have multiple owners – they add $145.00 for each additional owner. In Los Angeles, each license requires $8,059 per activity type. We’ll average it at $15,000.

Discretionary Fees

The discretionary fees are more interesting, in order to ensure that your premises meets the code, you’ll need to make sure your property is up to code from the local fire, police, architectural, and engineering departments – or however many departments the cities decides are necessary. Los Angeles Fire Department charges $918 + $216 for inspections exceeding 4 hours. However, they say nothing about any other departments. Basically, if a city likes you, they can charge you as little as a couple thousand and if they dislike you or think you have deep pockets – they can charge tens of thousands.

Cannabis Startup Pricing

It’s also incredibly common for a city to point out an issue and ask you make a modification so that they can come back in for another inspection, or simply put down a random number of how many hours it will take them. Most cities will also charge you a security deposit, legal fees, consulting fees, and operating agreements with the city, etc. In all of our licenses, we have never paid less than $35,000 for these discretionary fees. As a result, we’ll average these out at $30,000 to be really nice and overly optimistic.

Third Step – Premises Diagram

Almost all cities have a multiple-phase application process. At some point, you must have a premises diagram that meets all state and local cannabis codes, and specifically for cannabis. Unless you’re a cannabis architect yourself – you’ll need someone who can do this. Cannabis Architects charge a premium as they have to consider a lot of factors that most regular architects do not. Expect to pay about double to triple for cannabis architects.

Our cannabis architect states “While normally an architect would charge $1.50-5 for a commercial project – expect to pay closer to $8-$10 per square foot for a cannabis facility for a good cannabis architect.” Taking the low range of this, let’s tack on another $24,000 for premises diagrams.

Cannabis Startup Pricing & Licensing

Fourth Step – Engineering Plans

Once you have this set up, now you’ll need to get all your electrical, plumbing, and other items in order. Also known as MEP, these engineers are crucial in ensuring you have sufficient utilities coming in to operate your cannabis business. The average cost of this is probably around $2.00 – $4.00 per square foot. Taking the low range of this, another $6,000 for MEP.

Engineering Costs

Fifth Step – Interior Design

Now comes whether you want your place to look nice or not. This really is aggressive for retail but for other parts of the cannabis chain – the interior design really isn’t taken into account. So while normally it would be about $4.00 a square foot for retail, for our facilities only minimal costs were put into design costing about $1.00 square foot. We’ll tack on $3,000 for this.

Startup Pricing Design Costs

Sixth Step – Construction & Equipment

Now comes the REALLY expensive part, how much is your equipment and construction? A CO2 extraction machine goes from about $135,000 for small ones to $500,000 for larger ones. Then there is rotary evaporators, centrifuges, and much more depending on the needs of your engineer or scientist. Ultimately, the equipment probably averages around $250,000 for a small 3,000 sqft operation.

Then let’s also tack on general contractor costs (unless you are one yourself). General contractors get paid by taking a percentage of the overall cost of the completed project. Some will charge a flat fee, but in most cases, a general contractor will charge between 10 and 20 percent of the total cost of the job. This includes the cost of all materials, permits and subcontractors. The average cost per square foot for a commercial cannabis property goes from about $80 to $200.00 per square foot or more with most settling around $100 per square foot. This includes all the material, subcontractors, and labor. So let’s tack on another $300,000.

Cannabis Construction Costs

Seventh Step – State Licensing

Now that you’ve finished building out everything. Let’s assume that everything went PERFECT, and that you only need to do the final checkups. You can apply for your state licenses.

A 3,000 square foot facility with anticipated revenue of less than $500,000 – you are looking at a $1,000 application fee + $2,500 licensing fee. When you’ve received this and passed all inspection – now you can finally start operating. However, there’s a few more costs here that most people don’t account for.

Cannabis State Licensing Costs

Eighth Step – Legal Consultation

Hiring a cannabis consultant or attorney is expensive. The average cannabis attorney rate is around $750/hour being able to charge a premium as it’s a really exclusive field right now. This is coming from one of our founders who also runs a law firm specializing in cannabis contracts.

For example, the city of Los Angeles requires public notices, community meetings, pre licensing inspection etc. This includes having someone stand in front of the public population of a city at city council hearings, meet and greets with city officials, negotiations and more.

If you want to have a specialized, knowledgeable cannabis attorney – expect easily about 50 – 150 hours of legal work. Let’s take the mid area at about 100 hours.

Legal Aspects of Starting Cannabis Business

Ninth Step – Burn Rate

Here’s a super fun one for everybody. If you are leasing property – keep in mind that while you are struggling – this doesn’t mean your landlord lets you off the hook. We’ve spoken to a lot of people about the pain they have during this time frame – some are hitting about 14 months of processing time with over $30,000/month in just rental fees.

Everything above takes a long time to complete. Let’s estimate a “short” time frame of 12 months * the rent = $108,000. Let’s also add in the security deposit which is usually 3x normal rates. $108,000+$27,000 = $135,000.
TOTAL COST FOR 3,000 SQFT FACILITY BEFORE OPERATIONS BEGIN WITH GOAL OF $500,000 REVENUE

LEASE: $846,500

PURCHASE: $1,611,500

NON-REFUNDABLE AT ALL STAGES

Now comes the really fun part for us

Let’s compare the opening costs for you to start with us in making your own manufactured cannabis products versus the opening costs that everyone else has had to suffer.

My Green Network Cannabis Operational Costs

So if you’re ready to enter the United States largest edibles market (now and in the future): Contact a community curator and ask about our Early-Bird Commitment Program to secure your spot today!

Where is the Future Largest Edibles Market in the United States?

The Future of Edibles in the Cannabis Industry

Los Angeles

And the best part is that there are oceans of opportunity for anyone to be the next cannabis version of Nestle, Pepsi, or Wrigley. Let’s take a look at how we came to this conclusion of the future largest edibles market in the United States.

The Emerging Edibles Market

In 2018, U.S. Consumers Ordered Cannabis Every 8 Seconds Source – Forbes
Let’s combine this statement with another fun statistic:

Cannabis Statistic

Edibles are no longer limited to homemade brownies and cookies. Edibles today include gummies, breath strips, chocolates, beverages, mints, gum, popcorn, potato chips, etc. – if you can imagine it, someone can make it.

Non-Flower Sales %

Non-Flower Sales %

When a state legalizes cannabis, the American hallmark of innovation, free expression, and creativity shine brightly in the edibles market. Edibles sales in America exponentially rise when a recreational cannabis industry grows. The historical preference for cannabis flower takes a back seat for more convenient and discreet ways to ingest cannabis.

The reason is clear why this is the case too.

Global Trends

Less Americans Are Smoking

Less Americans Are Smoking

Smoking rates in America are falling with the adult smoking rate down to 15.5% in 2016 from more than 40% in the 1960s. But that’s not it, edible products are rapidly becoming the preferred product to sell due to a key driving factor…Edibles are the most profitable cannabis product to sell.

Flower to Infusion Journey

We’re extremely experienced in the legal cannabis industry with operator knowledge and know this is a chance that can’t be passed up. With this opportunity, it’s no wonder why billionaires are jumping into the edibles market like the billionaire Wrigley heir, Arizona Iced Tea, and other huge companies.

California is the Largest Edibles Market in the United States

We’re going to go over some mind-blowing, super fun facts here. With a GDP of $2.9 trillion, California would slot between Germany and the United Kingdom in the world’s top economies. California actually accounts for 14% of the United States entire economy.

California Population

The California population is estimated to be approximately 39.75 million making it the most populated cannabis market in the America.

In fact, the population of California is bigger than the entire country of Canada which has a population of 37.5 Million.

California is the leading state in the United States for cannabis sales.

In 2018, California legalized cannabis and had $2.51 billion in sales eclipsing Colorado’s 6 year running cannabis market by 60% in the span of 1 year.

This goes into a really interesting statement that we have personally experienced.

As of 2019, California’s edibles market is still immature.

California only started issuing commercial cannabis licenses in January 2018. It is still an extremely immature market that is poised for explosive growth if we follow the edibles market trends of every other state that went recreational.

Evolution of Recreational Edible Markets

Year 1

Cultivators begin harvesting and get a jumpstart in the market with easy to sell packaging. Manufacturers and distributors are learning how to make products.

Year 2

Companies work out final formulations to consistently meet State THC requirements and make good edible market products.

Year 3

The third year and beyond – branding and marketing starts with aggressive competition to be “the brand” for a particular edible product. Right now, California is in its 2nd year of true legalization. As a result – the edibles market is still wide open.

It’s pretty clear that the California’s edibles market is the largest edibles market in the country (and potentially the world), now and in the future.

The Los Angeles County Cannabis Market is the largest in the United States

Fact

Los Angeles is the most populated county in the United States with over 10 million people.

If we’re talking about potential cannabis consumers, 85% of those 10 million are 21+ making it over 8 million potential customers.

Los Angeles Cannabis Statistic

Another fun fact is that “cannabis tourism” is quickly becoming a thing.

Los Angeles had over 50 million tourists in 2018 essentially 5x-ing the potential consumer market where people visit just to try California cannabis – known as the “best weed in the world”.

This makes Los Angeles the most populated cannabis county in the United States with the most aggressive potential cannabis tourism in the world.

How to Easily Enter the Largest Edibles Market in the United States

So let’s recap. We said it and we mean it that Los Angeles is the largest edibles market in the United States, now and in the future.

THE EDIBLES TRENDS

In 2018, with only 9 recreationally legal states, a handful of medical states – cannabis products were being purchased every 8 seconds. In mature legal cannabis states (those that have legalized and operated for several years), more than 50% of their sales were from edibles.

WHY THIS TREND IS HAPPENING

This is heavily influenced by a clear trend by Americans to NOT smoke + edibles have the highest profit margins in the cannabis industry.

Let’s couple it with the purchasing power and the size of the edibles market.

Purchasing power – California economy vs all other Countries – ranked 5th in the world ensuring plenty of money to spend.

Population – California vs all other states – Rank #1 beating 2nd place Texas by over 26% with almost 40 million population.

Cannabis Sales – California vs all other states – #1 in America beating the longest running cannabis market (Colorado) by 60% in less than 1 year.

Los Angeles edibles market – Los Angeles county has over 8 million potential consumers 21+ making it the largest cannabis market in the United States.

This means that entering the Los Angeles edibles market is an immediate opportunity to be part of the future largest edibles market in the United States.

The best part? It’s pretty easy to enter this market.

You don’t need to be the Wrigley billionaire or the Arizona Tea with millions of dollars of funding. You don’t even need $100,000.

Through My Green Network and its Cannabis Coworking platform – the costs to enter the largest edibles market is affordable, guaranteed, and easy. You’re also only 20 minutes away from Los Angeles situated in the largest edibles market in the United States, now and in future.

We already did all the heavy lifting and evened the playing field making it so you jump ahead of everyone else (including those billionaires) with a complete support system dedicated to your success.

Cannabis Shared Facility Makes Starting Cannabis Business Ideas Easy

Benefits of Cannabis

Expanding or starting a cannabis business is easy.

We’re serious. In April 2020, businesses and entrepreneurs across the United States can take advantage of California’s first, truly dedicated cannabis co-working space and community.

Applicants will own a California cannabis manufacturing license in 1/10th the cost and time compared to traditional startups and with immediate access to the United States’ largest consumer market – Los Angeles.

However.

There is limited availability due to California regulations.

If you’re ready, let's begin

1. Problems when Starting a Cannabis Business Idea

Our dream to turn our cannabis business idea into reality demanded us to overcome challenges that were painful, discouraging, and lonely.

We identified 6 problems blocking cannabis companies and entrepreneurs from bringing their fantastic cannabis ideas to life in our 6+ years of cannabis industry operations.

We also created the solution.

First Problem

Starting a cannabis business costs at least $750,000

Starting a Cannabis Business

This is a fact. Each of our cannabis start-ups cost us $750,000 or more in non-refundable expenses before we could make our first product.

Some cities also require applicants to have $200,000 liquid capital or they can’t even apply.

Even if you raise enough money, the next problem can burn it all.

Compliance

The cannabis industry is ultra-regulated.
Entrepreneurs, small and medium business owners, and established enterprises face incredible hurdles. State laws are confusing. Cities and counties set their own licensing rules with multiple phase, non-refundable applications. Legal fees alone range from $50,000 to $150,000. (Trust us, we have 2 cannabis lawyers advising us).

If you think it sounds complex, scary, and bureaucratic – you are 100% right.

But before you can even start on compliance, you need.

Property

As the age old saying goes “Location, Location, Location”

Only 2 options exist to start a cannabis business

(1) Own a property in the cannabis zone outright, OR

(2) Rent from someone who owns a property in the cannabis zone.

The reality is, most owners don’t want to rent to a cannabis business. Those that do charge two to four times more as a “cannabis premium.”

This is made even worse by the next issue.

Time

Clocks Banner

Time is a resource once spent you can never get back.

For cannabis businesses, time is of the essence and licensing takes 12 to 18 months on average.

During this time, a small business easily pays over $100,000 in rent for a 3,000 square foot property. A medium business in a 7,000 square foot property will pay over $250,000, and so forth. All before making their first product.

But your cannabis business idea may never become a reality because of experience requirements.

Experience

No business wants a failing business to be their partner. It would just be a waste of time and money.

A city is a business that generates revenue through taxes. Los Angeles is an incorporated city of California. California is a state of the USA. The United States is the world’s most profitable business.

Having no cannabis experience means there is no room for error, unless you have massive financial support. As a result, many California cities now require “cannabis business experience” for applicants.

And finally.

Uncertainty

Uncertainty plagues all of the previous problems making it unclear if you will even receive a license.

Did you raise enough money? Did you comply with all the laws? Did you obtain a property? How long will it take? Do you have the experience needed to succeed?

In one instance in California, 85 companies applied for 8 available licenses in a city charging $10,000 in non-refundable application fees. As of today, those 85 companies are still in the licensing process since January 2019.

California cannabis business ideas face all these challenges before becoming a reality.

But the solution is simple.

2. California’s “Type S” License

The “S” stands for “share.” The California Department of Public Health (“CDPH”) calls it “shared-use.”

We call it true cannabis co-working.

The idea is that an experienced cannabis manufacturer can rent a compliant shared-use station to others. Those businesses receive a “Type S” cannabis manufacturing license from local and state authorities and become a “Type S Licensee.”

Type S Licensees can conduct the following cannabis manufacturing activities:

Infusions
Packaging and Assembly
Extractions with butter or food grade oil
Type S Licensees require exclusive use of a shared-use station during their time. This means limited availability per station.

CDPH realized that under the current laws, starting a cannabis business idea would be virtually impossible for 95% of the population.

Cannabis co-working helps all cannabis business ideas from entrepreneurs to established enterprises avoid the cannabis start-up problem.

But the question still is:

How much did CDPH’s shared-use manufacturing solution really help?

3. The Benefits of Cannabis Co-working

The answer? – CDPH completely changes how we can start a cannabis business idea.

Since we’re the first Type S license in Southern California (yes, you heard that right) and we are the only fully dedicated, manufacturing cannabis coworking space in California (if not the entire country) – we’ll use ourselves as the prime example.

Absurd STARTUP ADVANTAGES

We used absurd because its pretty much crazy what the differences are.

Traditional Cannabis StartupMy Green Network Cannabis Coworking
STARTUP COSTS$750,000 before making your first product.$75,000 or less to make your first product and sell it.
COMPLIANCEResponsible for all city, county, and state compliance during licensing AND operations.Responsible for 3 things – clean workspace, contaminant free products, and meeting THC limits.
PROPERTYWe took 13 months, 16 cities, and 43 properties to find ONE perfect location.Register My Green Network facility as your cannabis coworking space.
TIMEAverage 12 – 18 months from finding a property to being able to finally use your space.~1 month from applying for city and state to producing and selling your first product.
EXPERIENCE1 Year+ cannabis experience as a business owner/managerNo experience needed
UNCERTAINTYEverything is uncertain.Guaranteed licensing.

We honestly don’t think CDPH realized how their laws would benefit the industry until true cannabis coworking spaces stepped in.

But there’s still more.
TYPE S LICENSEES OWN THEIR CANNABIS MANUFACTURING LICENSE

With cannabis coworking, you own a license issued by the city and state. This means complete control over your cannabis business idea.

You keep your secret manufacturing or infusion formula. Coca Cola never sold their secret recipe – why should you?

TYPE S LICENSEES OWN THEIR BRAND

Think of cannabis coworking spaces like an art class.

We provide you a canvas, ingredients, tools and everything you need to paint your vision. At the end of the day, you own what you create and sell to whoever you want.

You maintain complete control over your brand.

TYPE S LICENSEES HAVE PRIVATE USE OF CANNABIS COWORKING STATIONS

Type S Licensees have exclusive use of their station during their time.

We thought it wasn’t enough.

So, we took it a step further and also optimized our spaces for convenience, efficiency, and lifestyle by building an amazing community.

TYPE S LICENSEES GAIN QUALIFYING LICENSED CANNABIS EXPERIENCE

Cannabis coworking is an incubator.

Remember, California cities will require proof that you have operated a cannabis license for at least a year.

The Type S license counts as irrefutable evidence that you are a legal, experienced cannabis operator.

TYPE S LICENSEES CAN SELL UP TO $1,000,000 ANYWHERE IN CALIFORNIA

That’s a lot.

Wholesale edibles and manufacturing products usually sell between $7.50 to $12.50. You do the math.

If that’s not enough for you – We’ll empower you to scale your business through our “MyGN Seed Accelerator ” program.

But the biggest kicker .

4.Type S Licensees Can Sell All Cannabis Products

We’re going to let you in on an insider-only secret:

Owning a California Manufacturing License allows you to sell every cannabis product in the industry

But wait, you read that you can only do infusions, packaging, assembling, and extractions for self-use?

Let’s list a bunch of cannabis products and you’ll see what we mean.

INFUSION Covers anything you can put THC into and mix it.PACKAGING Covers packaging of any THC/CBD product.
Edibles (gummies, chocolates, mints, cookies),

 

Beverages (soft drinks, health drinks, green juice)

Topicals (Lotion, creams, sunblock, shampoo, sprays)

Edibles, Beverages, and Topicals

 

Vape Pens & Cartridges

Flower (pre-rolls, artisan flower, kief)
Extracts (shatter, resin, distillate, butter, oil )

That’s not all though. For CBD enthusiasts – you can also create pure CBD products! Full spectrum, isolate, or any other CBD compositions are all available from the cannabis plant.

This leads into the next question.

5. Who Benefits the Most from Cannabis Co-working?

The short answer is – everybody.

Whether you are already a licensed cannabis business, an aspiring “cannapreneur”, or maybe you were just curious – Cannabis Co-working provides the perfect solution.

California Prop 215 Operators

Since January 2019 it’s been rough, rebrand your 215 coop products and start putting those amazing products back in the legal cannabis market!

Cannabis Retail Companies – California

Create your own branded product for sale to your daily customers WITHOUT white labeling headaches.

Cannabis Retail Companies – All USA States

Ever think of starting your own brand? What better place than California? Test the California market immediately without a $750,000 price point. We’ll even help you make more than $1,000,000.

Cannabis Manufacturing Companies – California

Expand into edibles game from extracts and vape pens – everyone else is!

Cannabis Manufacturing Companies – All USA states

Ever think of selling your product to California? Start by selling to the United States most populated legal cannabis state.

Cannabis Cultivators – California
Create a full line of branded products using the flower you grow.
Cannabis Entrepreneurs
By yourself or with your partners, make and sell any cannabis product you want – we’re here to help.
Medical Cannabis Companies
Between recreational and medical cannabis which would you choose? – no one said you couldn’t do both.
Health and Beauty Companies
Just add one more ingredient into your secret face cream or supplement.
Professional Chefs
We love cooking too. Why not create and own your own brand of edibles?
Global Cannabis Companies
Enter the world’s biggest cannabis market for $75,000? Thank you I will.
Graduating college Students USA 21+ looking to enter the Cannabis Industry
I hear there’s 420 colleges. At My Green Network – all students can apply.

With cannabis co-working you can leap-frog ahead of all competition and immediately enter the United States largest cannabis market. However, keep in mind that there is limited space because of California’s laws.

Get Started with True Cannabis Co-working

Whether you are a new entrepreneur starting your first product or an established enterprise looking to expand – cannabis coworking allows you to easily turn your cannabis business idea into reality the way you envision.

That’s why we say “Go Green the Way You Want”

To get started, contact a community curator.

We’ll make sure to make it simple and guide you through the entire process. We love what we do and how we empower our community to truly focus and do what they want in the cannabis industry.

We focus on 2 key elements for our coworking spaces to ensure success for our community.

  • Immediate access to the most profitable cannabis markets
  • Lifestyle for inspired, productive environments

Our flagship facility has the following co-working spaces:

  • 5 state of the art commercial kitchens for all edibles and beverages infusion
  • 3 hybrid stations for all topical infusion, pre-rolls, and everything else

And we mean it when we say we got your back! Check our amenities and support services.

We’re constantly developing new benefits for our community focusing on empowering our members to succeed.

So if you’re ready to turn your cannabis business idea into a reality, contact us and Go Green The Way You Want!