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Growers struggle with glut of legal pot in Washington state
- Thread starter yortbogey
- Start date
Wow they're only getting $700-$800 a pound? Wtf? I pay $400 a Z
you want to charge more then 2000$ a pound prepare to get a gun to your head, it is a criminal price after all
The time has come for us to heal our troubled minds
Schizophrenia only exists in salary societies
Where you gotta be a slave to the dollar
No need for that anymore
Now we just smoke weed and stay on welfare
The time has come for us to heal our troubled minds
Schizophrenia only exists in salary societies
Where you gotta be a slave to the dollar
No need for that anymore
Now we just smoke weed and stay on welfare
i'll stick with working for a living, and growing and smoking for fun. doing ANYTHING for $$$ seems to suck the very soul out of it for me. work sucks to start with, so getting paid is only natural, LOL!
I don't know how accurate this is but I was watching an episode of that series on MSNBC called "Pot Barons of Colorado" and one of the owners of a business that grew their own as well as had a store he sold out of, was talking about this and was saying how crazy the tax laws were because he could write off his, pots, the soil, the lights, ferts, growers, rent for the warehouse his grow was in, etc. but he could not write off his store front, costs for packaging, advertising, his store staff etc.
So I would take that to mean you can write off for production but nothing for sales. However that's just how I would take it I don't know if that is accurate because I have no idea how accurate the guy on the show was. According to him though the stores are getting raped for in the ballpark of 80% of their profits between the State and the Feds using the old tax loopholes used on Al Capone. He claimed also that some stores get hit even harder and in at least one case he knows of where a store owner is getting hit for over 100% of his profits, making it where he is essential paying for the right to not make a profit legally. The guy indicated though that they were holding on in hopes of the laws becoming more reasonable as marijuana becomes more legalized. He felt the potential was great enough to take losses now for the profit to be made later.
Apache Kush
Member
hmm...
you know its a BIG story when it is crossing over normal demos, my Mom heard the WA weed srory first on some network link on MSN lol and told me interesting,
surprised more WA peep aint weighing in on here, must be all corpo grows now lol
you know its a BIG story when it is crossing over normal demos, my Mom heard the WA weed srory first on some network link on MSN lol and told me interesting,
surprised more WA peep aint weighing in on here, must be all corpo grows now lol
What the time has come for is realization that the huge profits once enjoyed by growers were based on the risk of it being illegal added to the cost. Naturally as the risk goes down so does the ability to add it as a cost to your product and so it stands to reason it will go down.
Keep in mind that once it becomes widely accepted as legal recreationally, prices are going to need to go way down. In essence marijuana is providing the public with a choice of something other then tobacco or alcohol. For full market share to be captured, buying enough to keep you "happy" for a while will need to have a retail price comparable to a 6 pack of beer, a bottle of wine or liquor or a pack of cigarettes. If not some people will just stay with the vices they already enjoy. Plus there is a lot of people that need to profit, the grower, the wholesaler, the retailer, the government in the form of taxes, licensing and regulations, etc.
So in essence, once legalization really takes hold anyone thinking in terms of making a living growing in square feet under 1-3 lamps should get out of the business unless he has exclusive rights on a rare strain that has desirable qualities that most other marijuana strains available do not and a niche market placing greater value in that rare quality. The growers most likely to make it are those wanting to grow outdoors, under the sun, and thinking in terms of square acreage. Gone will be the days where a small home grower might make a nice supplement to his/her income by selling off a portion of what h/she grows mostly for himself/herself. Also growers may need to learn to give up their preferences in what strains they grow in order to match public demand. In other words a grower who prefers the laidback properties of indicas may need to be able to adapt to growing only racy sativas if that's what the public demands.
The days of people having to accept whatever the dealer has when they're ready to buy, will also be over. Whatever the case the most likely big players will be large corporations. The businesses featured in that show "Pot Barons of Colorado" are all mostly looking to one day sell their companies to big corporations for a huge profit. The rest are looking to one day becoming a big corporation in their own right. So eventually the little guy is going to have to compete against companies with virtually limitless resources. Unless he/she has sole possession of something unique that the corporations can't legally copy of produce he/she will be done before he/she ever starts.
I don't know anything about the recreational market but I think most of it is outdoor. I guess they sell it for 30 a gram at the retail stores, that is what a friend told me.
The medical dispensaries don't want to pay over 450 a qp, so the growers sell to other patients wholesale for about 500 a qp and up. You can get rid of it on craigslist until you get your ad flagged by guys that don't like you competing with them so craigslist really sucks in that regard.
The State wants to have a monopoly on weed so we are waiting to see what they do….
garlicnaan
Member
$22-25/g here in the boonies for mid grade outdoor. After being gouged all summer retailers were quick to stock up the second everyone's outdoor crop was ready and now it seems like nobody wants to buy it. The only people coming to stores out here are 40-75 year old blue collars who smoked decades ago or as a last resort.
I get mass "Legal growers unite against the evil Liquor Board or us poor little farmers will all starve!" emails regularly from the same out of state douchebags who set up camp 3 months and 1 day before applications opened and proceeded to gouge the shit out of everybody in July. All these large scale farmers are definitely hurting but the T2 currently working my T1 learning curve into his BHO seems to be doing alright for himself. Maybe that's where the money is right now? Hoping the T3 collapse under the weight of their greed soon and the artisan market flourishes
I get mass "Legal growers unite against the evil Liquor Board or us poor little farmers will all starve!" emails regularly from the same out of state douchebags who set up camp 3 months and 1 day before applications opened and proceeded to gouge the shit out of everybody in July. All these large scale farmers are definitely hurting but the T2 currently working my T1 learning curve into his BHO seems to be doing alright for himself. Maybe that's where the money is right now? Hoping the T3 collapse under the weight of their greed soon and the artisan market flourishes
The WA State Liquor Control Board tied their own noose with the onerous taxes they put on 'legal' weed. Plus the ridiculous monkey-fucking-a-football roll out of their precious law, it is no wonder the black market/dispensaries are thriving, while the entire legal scheme collapses under its own weight. The average consumer will get twice the quality at half the price by staying out of a 'Recreational store' around my parts.
My circle of med grower "friends" sell at 125-150 a zip and 500 a qp for high quality indoor. While the legal stores want $20-25 a gram for what I consider low shelf joint bud.
And for some reason keif is all the rage around here lately? I think it is due to the very low quality BHO that inundated the market over the past year or so.
I have also had a lot of requests for RSO. So people are finally looking seriously to cannabis as a viable treatment now. This is of most interest to me since this is what will pave the way for nation wide legality I think.
My circle of med grower "friends" sell at 125-150 a zip and 500 a qp for high quality indoor. While the legal stores want $20-25 a gram for what I consider low shelf joint bud.
And for some reason keif is all the rage around here lately? I think it is due to the very low quality BHO that inundated the market over the past year or so.
I have also had a lot of requests for RSO. So people are finally looking seriously to cannabis as a viable treatment now. This is of most interest to me since this is what will pave the way for nation wide legality I think.
Mostly agreed. Producers are caught in a bind because state markets are too small for them to move up to truly agricultural scale. I think of it in the same terms as wine. Even small vineyards are large by cannabis cultivation standards & they market to the whole country. They also exist in selected micro climates well suited to growing wine grapes. We'll see much the same wrt cannabis when and if legalization goes national.
Growing under lights in a truly legal national market? For profit? Highly unlikely. The only reason it's ever been profitable is black market pricing.
WA is a complete mess because the MMJ market never has been regulated & because the tax structure on retail is simply punitive. They can't close the price delta between the two with existing structure.
When licensed operators in CO get the local approval they need & step up production, we should be able to close that gap, even to make retail cheaper if the State sets their mind to it.
I think instagram marketing may be partially responsible... disp selling grams of water hash for $50/gram... higher grade water hash for $100... wtf?
