As cannabis gets less and less restricted, its popularity grows simultaneously. Due to this exponential growth in the demand for cannabis, there hasn’t just been an increase in the number of vendors but also other kinds of firms associated with cannabis.
Juicy Fields is one such company that was founded in 2017. Initially, Juicy Fields aimed to conduct research in the science and marketing of cannabis. The company strived to gain knowledge in order to establish the kind of business it is today.
In 2019 Juicy Fields expanded and created a crowd growing platform aimed to connect people through the cannabis business. This was made possible when they accessed experienced growers and engineers necessary to start such a platform. Today Juicy Fields’ team consists of some of the most experienced professionals in the field of cannabis growing and marketing.
What kind of platform have Juicy Fields established?
Juicy Fields is a crowd growing platform that gives individuals the opportunity to earn a living by assisting small businesses in the cannabis industry. Juicy Fields will connect you to infant legal, medical cannabis businesses that need financing. Alongside this, Juicy Fields also manage the production and sale of their own products under their brand name.
Juicy Fields is a platform built on the aspiration of making cannabis accessible to the maximum amount of people. The cannabis industry is currently one of the fastest-growing industries out there. However, the industry is mostly monopolized by the rich. Juicy Fields aims to break this oligarchy by allowing individuals to grow cannabis without expensive licenses or hundreds of thousands of dollars in investment.
Juicy Fields does not grow cannabis itself; rather, it partners with third-party growers. This partnership is established after thorough research conducted by the expert growers in the team of Juicy Fields.
The growing processes used and the business plans of these independent growers are carefully assessed to maintain standards and consistency. The market Juicy Fields currently targets is Europe and Canada, although some of its growers have domestic trade agreements in place.
Is it profitable to invest in Juicy Fields?
Naturally, the profitability is highly dependent on the variety of cannabis one grows. Different strains will result in different magnitudes of profit. It is best to experiment with various different strains and find out which one suits you best.
While some strains will be more accessible to grow, others will be more profitable. It is entirely up to the grower which strain of cannabis they want to invest in.
According to Juicy Fields, the profitability ratios of some of the strains are as follows; Juicy Mist is comparatively easier to grow but yields only about 4500-4800 Euros in 3 years. On the other hand, Juicy Kush yields almost double, clocking in at 8000-9000 Euros of maximum return in 4 years.
If these strains don’t appeal to you, you can also opt for the premium strains with much better yields. One of these strains is Juicy Haze, which will give you a total profit of 10000-12000 Euros in 5 years. You will yield your profit in as early as 95 days after purchasing a plant, depending on the strain of the plant.
Is it legal to join this platform?
It is entirely legal to associate yourself with Juicy Fields. According to Juicy Fields, all of their growers and processers possess the required licenses to cultivate medical cannabis in their respective countries.
While some states will require a professional license to join Juicy Fields, others won’t, so you will need to brush up on your country’s laws before starting to grow.
How do I start growing for Juicy Fields?
Investing Juicy Fields isn’t a lengthy procedure that would require a lot of mental and physical effort from you. All you have to do is make a grower’s account at https://juicyfields.io/signup and fill in your details.
After that, you can check out a demo plant to understand the dynamics of cannabis growing and the platform itself. Once you have understood those dynamics, all that is left to do is examine the various different strains of cannabis and choose the ideal one for you. You can grow one strain or multiple depending on how you want to invest. You should know that the minimum funding is 50 Euros with a choice of small, medium, high, or ultra yields.
What does the future look like for Juicy Fields?
What Juicy Fields have set out to do is genuinely innovative and, if successful, even revolutionary. They aspire to launch more than 20 partner projects and triple the total project value of their company. From the looks of how popular their platform is becoming, this might not be an idealistic ambition after all.