Grower Contracts?

[LetitGrow805]

Does anyone have any examples of contracts between individuals in a grow?

If one person is the grower and the other supplies the facility (but recovers rent and utilities off of the top). What is a fair break?

How much is each person's "risk" worth? Risk of facility and risk of yield.

What should a fair split between partners be in this situation? My partner says 70/30. I'm the grower.

 

[4u2sm0ke]

No need for more posts on the same subject... the last post you stated that the partner had the facility...

what exactly do you bring to the grow?..what % ofcosts do you incur? how much time do YOU spend with them?....do you help with problems...or just sit back and want 50%

 

[NorCalHal]

Financier pays for everything, gets NOTHING off the top, and the split is 50/50.
He pays for everything out of his 50%.
Lots of clowns with money, only a few with knowledge....

 

[NorCalHal]

Good Point 4u, the split I mentioned assumes YOU do EVERYTHING, from room set up to harvest. Financier sits back and shells out cash, nothing else.

 

[The Hemp Goddess]

Also, have you even grown before? What experience do YOU bring to the table? There is a learning curve to this growing thing. The money person is taking a risk here unless you have proven experience and ability.

 

[HemperFi]

I have a friend in S. Oregon who is a legal grower. He has two partners and a room mate. One of his partners is just a money guy -- he supplied the lights and clones and all things related to the grow, and he gets 30%. My friend and his other partner grow the weed in a rented house they pay for and they pay the bills -- they split the other two thirds. Too many people in the mix if you ask me. They had a room FULL of 5ft tall trees though -- he claimed they were getting 17lb every three months. 6 1000w lights, in dirt -- the room was beautiful -- nice venting A/C, clean -- don't know what nutes he uses, but the plants were popping. They seem to be working it out...

 

[LetitGrow805]

Thank you for the replies. I apologize for similar posts in different forums, didn't know who was looking...

Yes, I am an experienced grower, but always for myself.

So far I have done everything from design, building and installation through accounting on monthly/yearly basis and will continue through the entire grow cycle. Since I did designed, and I'm building entire room out, I'm saving him 50% from what hyrdo stores quoted. I'm pushing technical as well as horticultural limits for maximum yield. I get 50% more plants per sqft than most grows. Anyway, our deal is for me to get 30% of net.

His initial investment gets paid back in %ages (not all in first harvest), his rent and utilities, and grow expenses comes off the top. We split the remainder 70/30. I feel I'm getting hosed.

The way our deal currently works

 

[LetitGrow805]

LOVE your Cooltube! Yes I have quite a bit of experience, more than almost every hydro shop I've gone in SoCal. Love this CoolTube! I've built my own version using a 1 gallon pickle jar... I ask you, are you staggering the heights of your plants to utilize all 360 degrees of the light?

 

[Xeblaro]

hm