Wholesale pot prices plummet. Now there starting to get better

[CrushnYuba]

2+ years? I don't think anyone is keeping stuff that long. "Last last year's" lol. I am talking about 1 year. You know how people get stuck selling their 2 year lbs for 300$? They refused to take 600$ in July.

It absolutely losses some off the nose getting bone dry and rehydrating. Once it is bone dry it should be sealed so terps stop evaporating to minimize it. I use a trim machine so my stuff needs to be below 10% moisture to trim. But it starts oxidizing in a couple months if not fully dry. Even with nitrogen sealing or oxygen absorber packs.
I let it dry on the rack. Then i put it in cardboard boxes until it gets trimmed. I use a moisture meter and it won't be trimmed until it's 10% moisture or less. After trimming it's sealed. The faster that happens, the better the nose will be.

When it's time to go to market i will put it in a room with a humidifier to slightly rehydrate. I bet its about 15% moisture when it goes to market.

 

[Wendull C.]

I do grow and I do buy, sell and supply cannabis and cannabis related goods. I have establish clients and I am established in my market.

Peddle- try to sell (something, especially small goods) by going from house to house or place to place.

Peddle is when someone sells small time goods and has to "hustle"(troll treads, make fake prices) always working to "make that deal". Most always peddlers are also lairs and cheats anything that will bring in an extra buck.

and now... back to Cali prices. A major part of my business lately is buying old grow ops and reselling them at low prices and scrap prices. Today part of a mid sized grow also came with a good amount of cannabis about 20 different flavors all trimmed and packaged 1-2 years old. $200 lb most of it will be used for concentrates.

Well shit, me too. I guess im not a peddlin tweaker according to you anymore.

Boutiques 17 to 18. Og, glue, ect, 14 to 16. Just watched 10 top shelf og ins go for 14000. Established relationship.

If it looks p loaded no one that knows any better will touch it.

 

[Mountain Sprout]

If it looks p loaded no one that knows any better will touch it.

Will you describe what p loaded looks like?

 

[Wendull C.]

Well, take a beautiful nug of sfv. The calyxes are huge almost to the point you can snap a few off a bud and get a good hit. The nug has foxtails and a classic triangular shape when you snap a nug off the cola or my favorite, right below the dominant bud.

P load a plant in the same room, the nugs round out, get unusually dense for an og and have noticiably shorter internodes. I call them grenades. Also, a pound of nug is slightly larger than a football when turkey bagged. The only strain I have personally seen not p loaded that makes football pounds is forum and other cookies.

Once you know how it looks, you wont forget. If you know the strains characteristics in the first place.

It is great for weight, if thats all you are after. But bad for consumption.

 

[CrushnYuba]

Well, take a beautiful nug of sfv. The calyxes are huge almost to the point you can snap a few off a bud and get a good hit. The nug has foxtails and a classic triangular shape when you snap a nug off the cola or my favorite, right below the dominant bud.

P load a plant in the same room, the nugs round out, get unusually dense for an og and have noticiably shorter internodes. I call them grenades. Also, a pound of nug is slightly larger than a football when turkey bagged. The only strain I have personally seen not p loaded that makes football pounds is forum and other cookies.

Once you know how it looks, you wont forget. If you know the strains characteristics in the first place.

It is great for weight, if thats all you are after. But bad for consumption.

I know what you are talking about. My friend pulled down an indoor run of glue. It was like this. The glue was rock hard, little nose. Nothing like glue should be. I was like wtf. He used a "bud hardner" and had his c02 cranked up. The buds never really looked ripe even though it was way passed when glue should be harvested. It sucked

 

[Noonin NorCal]

Well, take a beautiful nug of sfv. The calyxes are huge almost to the point you can snap a few off a bud and get a good hit. The nug has foxtails and a classic triangular shape when you snap a nug off the cola or my favorite, right below the dominant bud.

P load a plant in the same room, the nugs round out, get unusually dense for an og and have noticiably shorter internodes. I call them grenades. Also, a pound of nug is slightly larger than a football when turkey bagged. The only strain I have personally seen not p loaded that makes football pounds is forum and other cookies.

Once you know how it looks, you wont forget. If you know the strains characteristics in the first place.

It is great for weight, if thats all you are after. But bad for consumption.

SFVOG, is dense no matter what. they should be rock hard nugs

 

[Wendull C.]

Yeah, I agree. I said unusually dense.

The best way I can put it is you have regular stick to your ribs bisquits. Then you have break a window bisquits.

 

[ronbo51]

Having just read the legal grow in Washington thread It is obvious what lies ahead for California growers as well as just about any other state that goes legal. 200 per pound with named strains grown well all turned to concentrates. The OP in that thread sees the same price for pot as hops which is 20$/#.

Now, I'm not in Cali, and I don't sling wholesale and I really don't know the lay of the land, but I can see the way the wind blows. This thread started with prices in the 4-5K a unit range back in 2011. Now they are down to 1k or less (for the most part) with no sign of a bottom. Evidence says $200/ unit are already in play and California is coming on line with major acreage, at the same time Colorado, Oregon and Washington are pumping out product in abundance.

Not trying to stir a shitstorm, but any discussion of trends and FUTURE pricing will have to include the reality of the situation, which is deflationary in the extreme. I grew gourmet mushrooms indoors on a large scale for many years. At first it was all good prices, support for local growers. niche market, boutique agriculture, but in the end any kitchen manager could order up all the mushrooms they want, looking just as good as mine, grown by corporate farms with unlimited capital to scale up to any need at prices I could not even produce for, much less profit from.

Good luck guys. It's a tough world out there.

 

[Storm Shadow]

this thread is 50% bullshit and paranoia

The dudes with no Confidence in their game will be the first to hang up them cleats

 

[Mengsk]

Something is happening as people begin to shed light on the market. As the largest proponent of cannabis and NOT incarcerating people for it, that history means we don't know exactly how cannabis is grown. We don't even know how food is grown. Respect to all the real organic farmers using sustainable practices. Cookie cutter commercial grows of light deprivation repeats and so on are 1) great THC producers 2) garbage for connoisseurs/organic snobs. I don't want any chemicals or any compromise from clean green grown cannabis really so that's what I look for. I'm sure many users aren't doing that kind of market research but I guess I'm alright with that. Fortunately I think the philosophy is shared.

 

[Mengsk]

I don't really know what happened but the club skittles packs more or less have totally bogus lab numbers if you ask me (or at least quantitative not qualitative) and pricing raised about 3-500% most likely by a string of people that have no hand in cannabis production. Say no to that is my philosophy, and legalize it for everyone else to enjoy fairly and responsibly.

 

[Mengsk]

As much as many of us love this plant going to the dispensary (pricing etc) is sad. I am glad about the criminal aspect but perhaps a large majority of cannabis investors have no business here, I'm not sure how many years it has been going on for.

 

[Calgrow]

Outdoor up north here has always been decent, but the boys out west on the islands have better quality in numbers, than we do out east, but there always is a nice variety.

Outdoor “up north” has enjoyed a good reputation during the 90s but now days it is fading fast. Humboldt has attracted growers not because of the climate but because of the remoteness and tolerance. The truth is the climate sucks for growing cannabis and the area produces sub par cannabis.

In the 90s people has Mexican dirt/brick/brown to compare the green Humboldt outdoor with. Now days Humboldt outdoor has to compete with indoor crystal covered buds and it fails to stand up. People would sell it to the east coast when they had droughts but now Colorado fills that demand with quality indoor.

It's hard to grow decent buds with lack of sunlight and Humboldt county has major lack of sunlight. Most all good pot from Humboldt is indoor.

Today Humboldt is even worse for growing. Grown cannabis has a tight profit margin now, in Nth California square footage is more and electricity is more, so people in almost any other place can grow the same indoor quality stuff for much less overhead.
Along with the industry is already flooded with growers in Northern California has created the ultimate conditions for a complete collapse in the cannabis production industry in Humboldt County.

bone dry same high? Have you had it tested? Everything I have seen at that price is total crap

At $200 a lb I test it with a pipe, not as good as primo but it works the same to many users and sellers. I usually put bone dry product in totes with wads of paper soaked in distilled water. Let it soak up some moisture. It will get back a lot of the niceness depending on what it was originally.

The dudes with no Confidence in their game will be the first to hang up them cleats

A big problem is most weed growers have zero marketing skills or business skills. They grew a product that had an inflated price and almost no competition. Now the inflated price is gone and competition is thick. Many "growers" want to play a game that is over(grow a few weeds and sell over priced pot). They do not have the skills to play the new game-open a real business and compete in a legit market.


People had Confidence their Bennie Babies would always be worth more. They are idiots.

Markets come and go. Nothing last forever, ask the loggers, coal miners, blacksmiths, newspaper delivery boys.

 

[calisun]

Outdoor “up north” has enjoyed a good reputation during the 90s but now days it is fading fast. Humboldt has attracted growers not because of the climate but because of the remoteness and tolerance. The truth is the climate sucks for growing cannabis and the area produces sub par cannabis.

In the 90s people has Mexican dirt/brick/brown to compare the green Humboldt outdoor with. Now days Humboldt outdoor has to compete with indoor crystal covered buds and it fails to stand up. People would sell it to the east coast when they had droughts but now Colorado fills that demand with quality indoor.

It's hard to grow decent buds with lack of sunlight and Humboldt county has major lack of sunlight. Most all good pot from Humboldt is indoor.



Today Humboldt is even worse for growing. Grown cannabis has a tight profit margin now, in Nth California square footage is more and electricity is more, so people in almost any other place can grow the same indoor quality stuff for much less overhead.
Along with the industry is already flooded with growers in Northern California has created the ultimate conditions for a complete collapse in the cannabis production industry in Humboldt County.



At $200 a lb I test it with a pipe, not as good as primo but it works the same to many users and sellers. I usually put bone dry product in totes with wads of paper soaked in distilled water. Let it soak up some moisture. It will get back a lot of the niceness depending on what it was originally.



A big problem is most weed growers have zero marketing skills or business skills. They grew a product that had an inflated price and almost no competition. Now the inflated price is gone and competition is thick. Many "growers" want to play a game that is over(grow a few weeds and sell over priced pot). They do not have the skills to play the new game-open a real business and compete in a legit market.


People had Confidence their Bennie Babies would always be worth more. They are idiots.

Markets come and go. Nothing last forever, ask the loggers, coal miners, blacksmiths, newspaper delivery boys.

LOL, I'm not sure what your agenda is, maybe a broker trying drop prices. just a newbe who doesn't have a clue what or where good grown herb is or what it looks and smokes like. You don't understand what it takes to grow great weed. You obviously don't have any good connections.
Of course the market is changing just like everything else. Most of us just adapt and find our nitche. Sounds like you are going straight to the gutter.
That's just my take trying to interpret what you are saying

 

[Mengsk]

Of course consumers always want a lower price and producers always want a higher price I guess that's the bottom line I support the industry wholeheartedly but if I'm paying a premium for a bunch of kids to get high and put nugs in fancy glass jars and label them, ah no thanks.

 

[Calgrow]

LOL, I'm not sure what your agenda is, maybe a broker trying drop prices. just a newbe who doesn't have a clue what or where good grown herb is or what it looks and smokes like. You don't understand what it takes to grow great weed. You obviously don't have any good connections.
Of course the market is changing just like everything else. Most of us just adapt and find our nitche. Sounds like you are going straight to the gutter.
That's just my take trying to interpret what you are saying

I grew up in Humboldt County I have been around the cannabis industry for decades. I know what it takes to grow pot. Right now. More then you can sell it for.

Sellers keep telling me it cost more to grow this then they are selling it for. That's what a collapsed market is.

Bottom line consumers do not care that people think their pot is the best in the world. Reality is they can buy very good weed that came from a commercial grower for a fraction of the price and that is what they are choosing to buy.

When the logging industry went away here I bought unsold logs, chainsaws and tools as the loggers left. As the growing industry leaves I am buying unsold product and grow equipment. Just another market and the people that worked it.

 

[Wendull C.]

Calgrow, I think he was talking Canada. What islands are off the Mendo, Humboldt coast?

 

[Shcrews]

Of course consumers always want a lower price and producers always want a higher price I guess that's the bottom line I support the industry wholeheartedly but if I'm paying a premium for a bunch of kids to get high and put nugs in fancy glass jars and label them, ah no thanks.

some consumers want a low price, others want top shelf product. Seen it all, from $3 grams to $100grams, and it's all moving.. It's just about who you know.

The most troubling trend in my opinion is the increasing popularity of vape cartridges which are almost always shitty. I got one last week that tastes like toothpaste. Unfortunately the new "legal" consumer has no idea what to look for in terms of quality, so they buy shit like that. Education is key here, for you see most people have become accustomed to buying alcohol.... no matter how much you spend the effects will be the same, i.e. a $4 bottle of wine gets you just as drunk as a $100 bottle.

We need to educate consumers on the difference between weed and alcohol. It's not like Budweiser vs. Russian River Brewery.... Shitty weed just wont get you as high as good weed, no matter how much you smoke. If a consumer wants a great experience they need to buy great weed. The effects of smoking a vape cartridge pale in comparison to a nice big dab of live resin, or a bonghit of well-grown , well-cured clean ganja.

 

[Wendull C.]

Another thing, the logging industry in Nor Cal was killed by the enviro movement due to the spotted owl. Not lack of viability or market collapse.

Which, by the way did nothing to stop the decline of said species.

 

[BushyOldGrower]

I live in Humboldt...lots of nice people.

Legalization is a disaster for many but times do change ...

America isn’t what it once was and people can just grow their own weed by getting some seeds and a couple lights or growing outside.

Herbal rights are the issue more than business for me. I just want medical and legal systems operating concurrently.

We were told we shouldn’t lose our medical rights so that was a lie and we need another ballot initiative to restore our herbal rights.

I am glad I’m in the seed business. Email me for seeds or my book on how to grow indoors. BushyOG