Greenbank Holdings, a wholly owned subsidiary of Greenbank Ventures, is a turn-key service provider to independently owned and operated cannabis licensees.
Greenbank Holdings provides services in five primary divisions:
Leasing
The Leasing division of Greenbank Holdings provides equipment necessary for producer and processor licensee operations. With an inventory of equipment such as trailers, tissue culture production systems, drying and storage facilities, and more, Greenbank Holdings ensures that a licensee has all the resources necessary to expand and optimize their business.
Property
The Property division enters into contractual agreements with licensees to assist and advise on property management of their existing lease, and the timing, budgeting and review of site utility payments. In addition, Greenbank Holdings assists with identifying and fulfilling immediate and long-term needs with respect to the management of the Licensees’ leased properties.
Logistics
The Logistics division assists with the management and sales of all cannabis products harvested and processed by the licensees. From tracking of deliveries to budgeting, and analysis of shipping costs, Greenbank Holdings ensures that the entire process is optimized.
Consulting
The Consulting division provides the knowledge and experience needed to help licensees optimize and improve all aspects of the business. From assisting in strain selection to budgeting and capital market strategies, Greenbank Holdings ensures that each licensee is able to meet business demands.
People
The People division provides employees and consultants with the knowledge and experience to help the licensees be successful.
Greenbank Ventures is building a scalable model that is replicable in other states for future expansion.
Washington State is the most established cannabis market in the United States, and is one of the oldest recreational cannabis markets in the country. With approximately 1,500 licensed producers and processors and a current market share of $2.7 billion, this desirable location offers a competitive advantage and represents an idyllic opportunity for acquisitions and future federal advancement.
Cannabis production and processing is a highly competitive business. Until products can cross state lines and, eventually federal borders, all producers face the same choices and challenges.
The 3 Options for Growing Cannabis Are:
Indoor
Indoor growing provides the opportunity to grow a wider variety of cannabis strains year-round. This option offers the most control of the environment including temperature, light source, CO2 levels, and humidity. Although, indoor growing is the most expensive method as it consumes the most energy, electricity, and resources, ultimately resulting in a larger carbon footprint.
Greenhouse
Although it is a more costly alternative to outdoor growing, with greenhouse growing you’re able to use the sun to sustainably grow the plant in its most natural state. Light deprivation techniques can be used to produce the most natural terpene profiles. However, it is difficult to maintain the temperature as greenhouses must be altered every single day according to the temperature outside.
Outdoor
Growing cannabis outdoors is the most natural way to grow cannabis. Outdoor grows have the least amount of overhead and can produce larger yields than limited indoor spaces. Requiring less electricity and energy than indoors, outdoor growing is the most sustainable way to grow cannabis. However, outdoor growers typically have a limited growing season and can face weather elements that put plants at risk.
Washington state has ideal weather conditions for sustainably growing sun-grown cannabis. This means that producers can get started with low overhead, but are limited to the growing season of July through September. Without proper management of resources and the ability or know-how to store cannabis, the sun-growers typically flood the market in September, driving down the prices. These licensees would benefit greatly from Greenbank Holdings resources, knowledge and advice to improve their operations and increase profits.
Organic, Eco-friendly, Sustainable Marijuana
The Greenbank Holdings associated licensees are dedicated to the use and deployment of the Korean Natural Farming (“KNF”) method. The KNF method is an organic growth process that (i) requires the use of naturally developed sources – such as kelp and rock dust – for all of the nutrients and (ii) creates an environmentally beneficial impact on the grow sites. Accordingly, the licensees:
- breed their own mycorrhizae fungi to aid in nutrient absorption;
- deploy pesticide-free, indigenous hay for better soil content and nutrient preservation;
- use no chemicals or fertilizers to amend the soil beds; and
- rely on the natural and organic soil food web to grow the marijuana plants.
The licensees seek to keep the appropriate balance of micro-organics inside decomposed matter to optimize the marijuana plant production. Finally, the KNF method requires that the licensees add back into the earth more than what they extract in order to ensure they grow “green” and follow the law of return.
Stages Of The Cannabis Supply Chain
Production
The very first stage in the production process is determining the strain to grow, and what the ultimate outcome of the strain will be. It is important to choose strains carefully based on whether they will be used for bud, vapes, extracts etc…
The planting stage involves the actual planting of the marijuana seed. This stage requires specific timing, spacing, and acclimation in order to yield high quality marijuana.
The cultivation stage is to enhance the production of bud. This stage requires organic feeding, along with proper levels of nutrients and water. With a limited amount of canopy space it is essential that this stage in the production process is efficiently optimized to produce high quality and high volume.
Harvesting is the final phase of the cultivation stage and includes cutting the plant once it is fully grown and ready to dry. Sufficient infrastructure is required at this stage.
Before cannabis can be smoked it must be dried in an organized and temperature controlled space. Drying the plant helps to retain terpenes and cannabinoids, preserve and accentuate the flavors of the weed, while diminishing chlorophyll and getting rid of the vegetal taste of the plant.
The optimum method of bagging is chosen to determine what kind of container the product will be bagged in. From here, the whole branched flower is then sellable as a wholesale product.
When storing cannabis it’s vital to preserve the flower for the best quality. Harvested nugs should be kept in a dark, cool place since light can degrade cannabinoids and terpenes required for premium processing.
As regulations for marijuana production, processing, and distribution are strict and differ from state to state, a strong knowledge of supply chain logistics within the cannabis industry is essential to a smooth and optimal supply chain.
Processing
Trimming involves getting rid of fan and sugar leaves. The trimming and sorting process helps determine the flower quality, ensuring the buds are free of mould and excess plant waste for a better quality bud. From here licensees can determine what the bud will be used for.
Based on the processors needs, it is then determined if the product will be bud, trim, fan leaves, popcorn or a combination of products.
Strict packaging and labelling regulations must be followed when packaging cannabis products and may differ depending on the state or country of sale. The products can then be sold as wholesale products or dry, branded products.
Before marijuana products can reach the public, they must go through a series of rigorous tests and examinations to ensure that they meet the quality and safety standards outlined by the government.
Distribution
The distribution of products made from cannabis will require a specialized distribution channel. Strategic partnerships and a knowledge of logistics of marijuana distribution is very important thus, a company with strong ties to and knowledge of the marijuana industry is a suitable choice for marijuana companies and licensees. Optimizing the timing and sequencing of each stage in the supply chain is vital for optimum quality and profitability.