In a recent government meeting, discussions centered around water rights and the establishment of a new agricultural operation in the Estancia Basin. The applicant, Mr. Johansen, detailed the complexities of securing water rights for his 40-acre property, which includes a well that taps into the basin. He explained that upon purchasing the land, he acquired 34.37 acre-feet of irrigation water rights, which are currently held by an LLC.
To comply with state regulations, Johansen is leasing 17 acre-feet of these rights back to the growing operation, a decision made under legal counsel to demonstrate active water usage. He emphasized a commitment to responsible water stewardship, stating that the operation would not utilize the full potential of the water rights, as they aim to be good neighbors and environmental stewards.
The conversation also touched on the challenges of operating in a competitive market, with Johansen acknowledging the thin profit margins in the industry. He clarified that he holds a license allowing for the cultivation of up to 400 plants, significantly more than the micro-grow limit of 200 plants.
Commissioners expressed concerns about the sustainability of the operation, particularly given the limited water usage projected. Johansen reassured them that he is working with experienced professionals in the field and has developed a cautious and efficient plan for the operation, aiming for a modest scale that prioritizes quality over quantity.
The meeting concluded with a recognition of the risks involved in the venture, with commissioners wishing Johansen luck as he navigates the complexities of establishing his agricultural business.