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SooperSmurph
Yeah, no Friday for me, Saturday is full full full, looks like it's Cosplay After Dark for me, at least there's no chance of anyone I pick up being underage
One of the potential pitfalls in all of this has to do with over supply. Really. With the number of producers entering the market place, we'll arrive at saturation rather shortly. No matter what, the Colorado market is only just so big, even with tourists. For people who are well capitalized & really know what they're doing, there's plenty of margin even when sales aren't as anticipated. When competitive price cutting starts, ineffective producers will have trouble keeping the doors open & will try to find ways to do that, like finagling diversion of production outside the State. That's part of the reason that the State wants to track every bit of it, to keep the feds happy. The State already bought into it- they want the tax money. Keeping the Feds happy is doing what we said we'd do- keeping it in-state at that level. Tourist level smuggling is obviously expected behavior & reluctantly acceptable to the Feds, otherwise we wouldn't be here. That's unavoidable.
It'd be the shits having to liquidate your marijuana operation by selling off the inventory at a loss, but it's gonna happen.
The market will remain immature until marijuana brands can be protected with federal intellectual property protection.
As for part one I don't see the market remaining immature just because brands can't be protected. The market is maturing very rapidly IMO. As for patents if you look at the approved patents in the US regarding canna GW Pharmaceuticals owns most of them. Good luck getting a patent with something related to canna. I've dealt with trademarks and patents on and off for 20 years in the health supplement industry.The market will remain immature until marijuana brands can be protected with federal intellectual property protection. The present workaround of protecting some ancillary product line like clothing or pipes is limited and does not apply to patents.
The state and the market do not yet appreciate the power of concentrates/edibles.
As for part one I don't see the market remaining immature just because brands can't be protected. The market is maturing very rapidly IMO. As for patents if you look at the approved patents in the US regarding canna GW Pharmaceuticals owns most of them. Good luck getting a patent with something related to canna. I've dealt with trademarks and patents on and off for 20 years in the health supplement industry.
Yes the state understands the issue with edibles. I don't see that concentrates are an issue because the method of delivery is easily controlled while edibles is a different story. The 'power' of an edible is determined by the cannabinoid concentration per SERVING. That's what the state is dealing with now and can understand a bit why better labeling requirements are necessary. Oh I bought a chocolate bar and gonna eat the whole thing...ooops that was 4x what I should have eaten
And they won't be involved until canna is fully 'legal'. By then it will be too late for those wanting to position themselves to 'make any money'. For those willing to risk things and lead the way a big payday in the future...potentially.insert interstate/global commerce. Big pharma and big money are not in it yet, and I suspect that will have a maturing effect.
I did not read all of the preceding 5000 pages in this thread, so I apologize in advance if I am expressing previously expressed ideas.
All of the current retail licensees were previously medical licensees that modified their licenses. The state will not begin issuing new licenses until July 1. Every day, I talk to someone else who is taking steps to get into retail weed. My guess is that by late fall, weed will be so cheap in Denver farmers will be feeding it to pigs.
However, even at this point, some things about the maturing market are becoming clear:
Because retail weed is becoming a commodity, marijuana products offer the brightest future at retail. My flowers are your flowers are his flowers. But, my Electric Smoke Muffin cures herpes and makes you see visions.
The market will remain immature until marijuana brands can be protected with federal intellectual property protection. The present workaround of protecting some ancillary product line like clothing or pipes is limited and does not apply to patents.
The state and the market do not yet appreciate the power of concentrates/edibles. Unless public awareness increases dramatically and end users are educated, we will keep seeing "bad trip" events that end in tragedy. I went to every retail outlet in the Aspen Valley recently and purchased concentrates and edibles. I was only warned about the potential for a negative experience at one (Greenwerks in Glenwood Springs). The not-your-father's pot thing is horseshit with regard to flowers but on-target with concentrates/edibles. Tourists committing suicide because they ate 200 mg of special gumdrops does not fit the harmless profile we have all espoused since the beginning of time.
Fame and riches aside, the new recreational law provides an ideal framework for collaborative growing and research. However, we need another kind of licensee, "the medical marijuana charity" to which surplus weed can be donated. The new law lets me flower 3 monster plants at a time, but I can only give away an ounce at a time. Grassroots research can be performed by hobbyists, but present donation cap ought to be raised so that surplus weed can routed to those doing research with the limitation that such weed its derivatives can never be sold.
My guess is that by late fall, weed will be so cheap in Denver farmers will be feeding it to pigs.
"regulating like alcohol" and "harm reduction" of course there's going to be people that over do it ~ IF YOU'VE NEVER FALLEN OFF THE HORSE, YOU'VE NEVER BEEN ON IT! learning your limits is all part of the process...we need to be careful about making assumptions about other people's use...as adults we are responsible to monitor our own consumption
also let's not let a few bad situations - where we don't know all the facts - dictate policy
the reality is that CO regulation has been a tremendous success with very few real problems...other than what to do with all the cash!
hey Jhhhn, just picked up an 8th of pre-98 bubba kush that I have to wait until later to smoke b/c it makes me so stupid, lol, What are you puffing tonight?
we need to be careful about making assumptions about other people's use...as adults we are responsible to monitor our own consumption
Don't hit it too hard on the ski lift, OK?
There won't ever be much to differentiate products and that goes for flowers, concentrates or edibles. It will pretty much all come down to branding. Good thing about branding is that you expect to get consistency. Aspen weed or Denver Weed? LOL. I come from Cali and last harvest time prices bottomed out around $1,000/lb for B grade which I consider the top 10% of what's available in the general market. Concentrates will soon follow. One thing interesting about CO2 extracts is the barrier/moat or cost of entry which is the equipment. I soon hope to see the canna market like tomatoes. What's so special? Mmmmmm...HeinzThere isn't much to differentiate the product now. I bought a gram of sour diesel in Aspen and another in Denver. The Aspen weed lived up to its name, the Denver weed was meh. Being able to create and protect weed brands will end that, but it is hard to see raw flowers being more than a commodity in the long run.
You can't PM me as you have 6 posts and need 50. PM me for what? I posted that info in another thread then eventually took it down. Most I showed that to liked it and others tore it apart lol. Whatever. The prices for canna are stoopid. Just look what it costs per pound for organically grown medicinal herbs on a site like Starwest Botanicals. Virtually ALL health supplement companies buy from the same sources. Not much difference in all the brands you see on the store shelves and all perceived value by the consumer. I spent 20 years in the pill biz and know a thing or two about thatWow, thank you for posting that. A birds eye view into an emerging market. I only skimmed it, but you certainly seem to know what you are talking about. Okay if I PM you?
I love dry sift. Grew up on hash from Lebanon and Morocco at like $6/gm. When I paid $8/gm for black Afghani my friends said I was nuts. The people I sold that stuff to for $10/gm came back for more though lol. Still think dry sift is the best smoke. A hundred pound 'bale' of top shelf flowers? Is that local Mexican?we're going to have more weight to work with Gabe for sure...how much dry sift can we get from a hundred pound bale of top shelf flowers? yummy!
You can't PM me as you have 6 posts and need 50. PM me for what?