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Growing Cannabis vs Buying Cannabis

What are the economics/benefits of growing your own MJ versus buying from a dispensary? 

Marijuana is also popular by the name of cannabis and it is a plant that acts like a psychoactive drug. Earlier, only the recreational uses of marijuana were known but nowadays it is extensively used for medicinal purposes as well. Marijuana can be used in various forms: it can be used for smoking; its extract can be added to food items; its oil can be applied on the skin, and it can be used for vaporizing for example. It has shown wonderful results in treating health conditions like cancer, glaucoma, heart problems, anxiety, depression, body pain, skin disorders, digestive disorders and much more, and that is the reason why many people state time and time again that they love growing marijuana.

Which is the right choice- growing marijuana or buying it from a dispensary?

Nowadays, medical practitioners are also recommending the use of marijuana for treating various health related disorders. If you wish to buy marijuana, the first thing that will come to your mind is to look for a dispensary that supplies it. But you may not know which dispensary is supplying the right quality of marijuana and whether genuine prices are being charged. So it is a better idea to grow your own marijuana as it offers a lot of benefits over the marijuana that is procured from a dispensary. 

Here are the benefits of growing your own marijuana:

Economical

The first thing that you will notice if you go to buy marijuana from a dispensary is that it is usually overpriced. But if you grow marijuana in your home then it would be far more economical and will help in saving a lot of money. You just need to invest one time for high quality seeds; soil, fertilizers etc and then you can have as much marijuana as you want. Many people love growing marijuana not only for themselves but they have even started their own businesses by supplying high quality marijuana to the people in need.

High quality is guaranteed

If you buy marijuana from a dispensary, you may never know about its true level of quality because there are many varieties. But once you will grow it in your home you will be assured that there is no compromise on the quality front.

You can grow as much quantity as needed

When it comes to buying marijuana from a dispensary, you have to think twice about its quantity, but if you will grow it on your own then this issue will be resolved completely.

Easily convertible for specified uses

By growing marijuana on your own you can easily convert it in various forms like you can secrete its oil and apply for skin related concerns, its extract can be added to food, or you can simply use it like a vaporizer. So it would be a great advantage altogether.

Everything will be supervised under your hand

Growing marijuana on your own gives you the privilege to supervise everything under your own hand, thus there won’t be any compromise in its standards and you will get the best quality for it. 

Now you must have gotten a complete idea to what the benefits are of growing your own marijuana versus buying from a dispensary, so it is guaranteed by following the aforementioned advice here then you would also say: I love growing marijuana.

 

Invest In MJ Editor Notes:

The article above was provided by James Hayes and are his opinions from his research. The views expressed above are not necessarily the opinions of Invest In MJ and we suggest you conduct your own research to determine the level of accuracy of the information contained in the article.

Here at Invest In MJ we believe that growing your own is an excellent option versus purchasing from a dispensary or other source. There are numerous benefits to being able to grow your own cannabis and there is a lot of information out there to help you get started. Cannabis is an enjoyable hobby to undertake once you have completed your research. With so many ways to grow and a variety of products to meet the needs of the everyday consumer, it can leave some people confused about which route is the best for them. Ultimately, growing your own (with some experience) will allow you to have control over your strain quality, grow method and it will also save you a lot of money in the long run.

While good quality seeds are a great investment, you should also invest time in researching the lights, tents and other equipment required for an excellent home set-up. We believe that LED grow lights are the way of the future. They do cost more than standard HPS but they last longer, use less electricity and they run at a much cooler temperature. We love Cirrus LED Grow Lights because they offer the latest technology and the light operates from an App on your Android of iOS device from anywhere around the world. Cirrus T series lights also give you 5 individual channels to control the red, white, blue, UV and IR rays of light. Take a look at all of the Cirrus products over on LED Tech Store

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Along with the proper lighting, you will also want to research tents, filters and fans to make sure that you have the best climate control and air flow in your set up. We encourage consumers to look at Gorilla Grow Tents because no one on the market makes a better tent than what they produce.

Through our own research we have found that the average cost of a personal home set-up with premium equipment will cost roughly $2500-$3000. Based on the average yield per light, you should be able to obtain 1lb of cannabis per light and it can be produced for roughly $2-$3 per gram. That means that 1lb of home grown cannabis is roughly $1300. The average cost per gram from a Licensed Producer in Canada is $10 per gram and you can typically only purchase in 1 gram increments. This means that 1lb of Cannabis from an LP would cost $4480. The numbers can vary if you are able to purchase cannabis for less than $10 per gram but ultimately it is much more affordable to make the investment in the equipment. Technically you would have the ability to produce 1lb of cannabis every grow cycle and there are 4 cycles in a year.

There are many options for consumption of cannabis products today from oils and extracts to edibles, topicals and tinctures, the options are nearly endless. We believe that oils are the way of the future when it comes to cannabis as it offers a wide variety of deliver systems in this form. The ability to easily produce these oils is questionable as there is a very tough science behind producing and distilling a product to its purest form. We will be releasing an article shortly regarding the process of creating oils and distillates and the trials and tribulations associated with it.

Growing your own cannabis is an excellent choice for the consumer who wants full control over their product and you will also save money. The investment for equipment is critical to produce a premium product and we have found that you really do get what you pay for. We encourage everyone to take the time to research growing, the equipment required such as lights tents and fans and the different methods of growing. By researching you will find out the correct method that’s tailored to your needs.

If you are interested in learning more about the cultivation of cannabis and you are located in the Niagara or New York region, take a look at the upcoming Grow Up Cannabis Conference & Expo that is being held on Oct 6-7 at the Scotiabank Centre. It is an excellent opportunity to learn about the equipment and the science behind cultivation. For more information on tickets and how to attend click here.

 

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*The numbers used to calculate the average costs from Licensed Producers in Canada are estimated based off of the research that we have conducted. Costs can vary.*

 

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May 29, 2015 - Medbox, Inc. (OTCQB: MDBX), a leading provider of specialized consulting and technology solutions to the legal marijuana industry, today announced that its wholly owned subsidiary, Vaporfection, has signed an exclusive North American distribution agreement for its “miVape” vaporizer with VaporNation, the largest wholesaler and online retailer of vaporizers.

The miVape vaporizer, which is expected to be available for purchase in June, is a self-contained, USB-rechargeable unit that uses medical grade, food-safe and heat resistant materials to deliver the healthiest experience possible.

“VaporNation is a symbiotic fit for Vaporfection as we introduce our portable, true convection miVape vaporizer to the market. I believe it is truly a game changer in terms of its high-quality construction, superior performance and strict adherence to safety standards,” said Dan Wynick, President of Vaporfection. “Aligning with VaporNation provides access to a robust distribution network as well as amazing marketing opportunities that will help us meet the demand for a high-caliber, portable vaporizer at an affordable price.”

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LAS VEGASMay 27, 2015 /PRNewswire/ -- DigiPath Labs, the cannabis testing subsidiary of DigiPath, Inc. (OTCQB: DIGPD) opened the doors of its Las Vegas marijuana analytical testing laboratory for business today. Equipped with state of the art analytical instrumentation and operated under the direction of Cindy Orser, PhD, DigiPath Lab's flagship facility offers cannabis growers and marijuana-based product-makers fast and reliable results.

"This is a great day for the patients of Nevada who will benefit from medical marijuana," said DigiPath Labs president Todd Denkin. "Our analysis not only helps product producers and dispensaries screen out products with dangerous levels of contaminants, we also quantify the medicinal compounds present in samples, so patients and caregivers can choose products that have been shown to relieve their specific symptoms."

Surprisingly, compulsory cannabis testing is relatively new. The State of Colorado only began requiring product testing a year ago after a series of overdoses on edibles made the news. Washington State did not begin requiring testing for potency, contaminants, moisture and microbiology testing until 2013 when recreational cannabis became legal, even though the medicinal use of marijuana became legal in 1998.

 

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SAN DIEGO, CA--(Marketwired - May 27, 2015) - MyDx, Inc., (OTC PINK: MYDX), the developer of MyDx™ (My Diagnostic), the first handheld chemical analyzer for consumers, has signed an exclusive patent sublicense agreement with Next Dimension Technologies, Inc. ("NDT"), a developer of electronic nose chemical sensing technology used by NASA, and funded by the Bill & Melinda Gates Foundation.

Under the agreement, NDT will license intellectual property relating to its chemical sensing technology that enables the MyDx Analyzer to sense, measure and report chemicals of interest to its customers. The company has exclusively licensed the use of the sensor technology to characterize and detect compounds in Cannabis.

"Offering the Cannabis Industry a friend in Science & Technology is an exciting step for MyDx," said Daniel Yazbeck, the company's Chairman & CEO. "We currently are the only company offering a practical Cannabis analysis solution at an affordable consumer price point. With this exclusive agreement, we now also have the intellectual property needed to further protect this competitive advantage."

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