Subletting land to grow Cannabis

Cannabis has been shown to be one of the “newest” (at least in the legal world) and most profitable cash crops. However, what is not talked about enough is the small economy that can come from a well-set-up cannabis market. While everyone always sees the flowers and other byproducts sold on the market, other avenues of the cannabis market also blossom. Some of these could be glass makers seeing increased profits as people look to add to their collections of glass art, and often, glass artists are present at cannabis events. Speaking of events, event planners could look to see an increase in business traffic as well. Companies will want to market and advertise their products. Users will look to learn more about the plant itself. More open cannabis markets could be beneficial to event planners, as cannabis companies would most likely want to host more public events. Breeders could also become an extension of the cannabis market, as many of them would be able to grow, breed, and sell cannabis seeds to the public with ease and transparency. Medical cannabis patients could try growing their own incredibly bred meds at home, and cannabis enthusiasts could look at preserving some of their favorite cultivars. These are just the tip of the iceberg of the economic boom that could come with proper and open regulation of cannabis. One way to make money with cannabis that often seems to be overlooked is subletting land. Landowners, most especially farmers, could make a killing off this and keep minimal liability.

With new markets now opened up in many states to allow home grow and medical grow for patients. People can now just buy cannabis seeds or cannabis clones and try growing at home. However, cannabis plants can grow very large and be rather costly to maintain inside. In turn, small growers could go to landowners with large properties and request to sublease a small plot. This is where landowners have the upper hand with minimal liability. Landowners in medical grow and home grow states (truly, it can be all states) can devise a contract and charge rent to grow cannabis on a small portion of their land. Depending on land size, landowners could probably do this for more than one personal grower. A revenue example that could be used is if someone owns a forty-acre farm, they could sublet that land at $1,000 USD per half-acre. If they do not use the land and would only look to lease it, they could profit up to $40,000 USD just during the growing season. Cannabis does not grow in the winter, so they’d still be able to rent out the land to hunters out of season. The idea, in business terms, could provide a nice partial income for farmers and large property owners, especially retirees.

Not only could leasing land monetarily benefit the population, but it could also help create healthier cannabis. Unfortunately, much of the US is controlled by big business in the twenty-first century. Cannabis is no stranger to this, as there are already oligopolies forming on the commercial cannabis market. Commercial cannabis predominantly has its eyes set on another kind of green. This often leads to unethical business practices such as rushed products, poor packaging and technology, and even moldy flowers. None of what was listed is aiding medical patients, nor is it a quality product for the recreational market. Allowing consumers and or patients the ability to grow their own cannabis could combat these large companies’ poor practices and even pull from their income stream. Taking income streams from larger cannabis companies could wake them up to better practices, or at worst, it could hopefully help end the oligopolies we see in commercial cannabis today. At the very least, leasing land to cannabis consumers and growers gives them a chance at the cleanest possible medicine with the most control over their growing variables. It also allows common cannabis users or supporters their piece of the pie in the massively growing industry. 

With Cannabis being a billion-dollar revenue industry, allowing the greater population to reap the benefits of the monetary upsides will only garner support and keep cannabis in the hands of the consumers. Being a plant, it only seems right that farmers see the monetary rewards of cannabis, rather than some businessman looking to cash in on the latest health craze. Cannabis as a whole has always had its own community; it’s about time that the community around cannabis gets to enjoy the benefits of it. A market already largely consumed by large corporations and businesses, this market has room for everyone. This is just one small way of putting the profit back into the hands of the community surrounding the great plant that is cannabis.