POLL: Will HB-1284 Cause Prices to Raise or Fall?
Whaddaya think?
If there are X number of dispensaries competing in the front range market, all of them legally allowed to grow as much as they want, this kind of competition could really drive prices down.
Others think there will be fewer dispensaries, and they will conspire to keep the prices high. I seriously doubt it, as not ALL dispensaries will go along with price fixing, plus it is illegal, and this industry is going to be closely monitored. If I owned a dispensary, I know I could make a lot of money AND sell $10 grams, $25 1/8ths, and $150 ozs.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
the federal smackdown is yet to come.
I doubt that many dispensaries are going to grow more than 100... at least not after the first few fall.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
Quote:
Originally Posted by copobo
the federal smackdown is yet to come.
I doubt that many dispensaries are going to grow more than 100... at least not after the first few fall.
Ah yes, this could certainly happen and would keep prices up.
However, wasn't there a bill proposed that would protect CO residents from federal prosecution? If that passes it would be great news.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
IMO - I don't think a lot of the dispensaries really want to deal with growing. Most of them are people more interested in the use of MMJ. The thought it'd be great to have a store that sell pot.
My biggest complaint about most of the dispensaries and frankly the whole MMJ industry is the lack of professionalism. Perception is about 90% of reality to most people looking in on what we're doing.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
Quote:
Originally Posted by davemw
IMO - I don't think a lot of the dispensaries really want to deal with growing. Most of them are people more interested in the use of MMJ. The thought it'd be great to have a store that sell pot.
My biggest complaint about most of the dispensaries and frankly the whole MMJ industry is the lack of professionalism. Perception is about 90% of reality to most people looking in on what we're doing.
I agree most disp's, including "good" ones, have mislabeled and absolutely false information regarding their genetics. Some can't even tell me if what they are selling is organic or not.
Personally, if a disp. is just in it to re-sell weed I don't care if they stay in business regardless if they are local, "mom and pop", have money, or whatever. They should find some other widgets to sell and leave mmj to those who care and know what they are talking about.
So anyway, I look forward to a lot of these dispensaries going out of business. There are too many bad ones.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
I personally feel like the price fixing argument is ludicrous. I've made this argument in other threads, but "big dispensaries" aren't like a Walmart entity that can uniformly fix prices across the board. They're more like gas stations, with some that are big corporate places and others mom and pop. Prices are fixed to the market and there isn't a ton of variation.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
I vote for "no effect" but it's not an option.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
Quote:
Originally Posted by Dorje113
Ah yes, this could certainly happen and would keep prices up.
However, wasn't there a bill proposed that would protect CO residents from federal prosecution? If that passes it would be great news.
If you are talking about a bill that would be passed by the state to protect colorado people from federal prosecution it is impossible. The federal gov has the last say so about anything. The state can say you can do whatever when it comes to Marijuana. However, the feds can jump in and arrest you for growing a single plant if they decide to. We all talk about staying under the 100 plant rule. If the head of the dea call the dea and says screw the grows and discpencaries then they can arrest everyone from selling out of dispencaries and everyone growing either 1 plant or 2 million plants. One single tinny little plant carries a mandatory jail term in the federal system. As much as the news media is growing us in with all the bad stories and the attorney general wanting to marijuana in the center and get rid of it I am willing to bet sooner or later the attorney is going to pick up the phone and say hey guy "dea" this is getting out of control. How about some help. Then everyone is going to sit down and say OK lets pick a number and what every number they come up with be it 5 ,10 50 100 or whatever they are going to raid every grow the has that number or above. The the state is going to sit back and go "wow I cannot beleive the did that" and the DEA will either say no comment or sorry its against federal law.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
Sorry got knocked off. But either way I am willing to bet there is some door knocking coming in the near future.
POLL: Will HB-1284 Cause Prices to Raise or Fall?
Supply and Demand.
At first I think prices will go up as everything gets sorted out. Demand will outstrip Supply. I do not see how the dispensaries alone will supply what they sell by growing their own. Mass produced plants will not be near as good as what the small growers do. Quality will suffer. Prices will rise.
As prices rise more people will grow their own. Legal or not , they will sell their crops. More product will hit the market. But they go to just selling to people they know, from selling to anybody legal. LEO will be having a hard time because there are too many small grows under the radar. LEO likes big numbers. They will stay concentrated on the big boys.
All this small production will drive the prices down. It will also drive cannabis back underground. It will come down to buy junk at a dispensary, or going to one of your friends or your own plants for the good stuff. In the end I think this will be a boon to the small high quality growers.
You have no debate from me about the sheer stupidity of this new law. But in the end I also think this will backfire. You will have a lot of small growers and patients supply each other. The big boys will wind up being the shit magnets. And the little guys that stay in the rules will slide on by.
