POLL: Will HB-1284 Cause Prices to Raise or Fall?

Western slope is getting overrun with Cali outdoor. One can easily pick up a lb for $1500-1900 right now.

Of course come Jan/Feb - prices should go back up.

It's like any other commodity, price is going to fluctuate. I remember my trip to Holland back in the 90's - the news, besides talking about current gold & silver prices - also talked about current hemp prices

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Originally Posted by ThaiBuddhaMan

Western slope is getting overrun with Cali outdoor. One can easily pick up a lb for $1500-1900 right now. Of course come Jan/Feb - prices should go back up.

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Isn't that illegal? At some point the DOR is going to be checking inventories and where the product comes from.

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Originally Posted by HarvestHouse

There will be and always be room on both ends of the market. There is a lot that determines market value of any commodity. My wife's father drove a hyundai yet belonged to Congressional County Club, the Drake and several other elite type clubs...... he could'a belonged to the Elks or Moose and drove Ferraris. Just an example of the varieties of places people put their priorities.

Whats the price of pot grown by a newbie with a warehouse vs. a 20 year grower?

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I also think that there will be a larger price difference between grades of weed in the future. Right now there isn't enough differentiation and people are getting away with selling mediocre weed for too much money. I have been growing for almost 20 years and think my weed should be worth more than a newbie's mediocre crapola for sure... and it is but not by enough IMO.

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Originally Posted by Dorje113

I also think that there will be a larger price difference between grades of weed in the future. Right now there isn't enough differentiation and people are getting away with selling mediocre weed for too much money. I have been growing for almost 20 years and think my weed should be worth more than a newbie's mediocre crapola for sure... and it is but not by enough IMO.

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Here, here! your's is worth more........ My suspicions tell me it will be worth even more soon. The only market differentiation in CO right now is with the old heads........ and they don't need MMCs

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Originally Posted by SoCoMMJ

Isn't that illegal? At some point the DOR is going to be checking inventories and where the product comes from.

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LOL

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Originally Posted by SoCoMMJ

Isn't that illegal? At some point the DOR is going to be checking inventories and where the product comes from.

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It is illegal. But then again all this is illegal according to Feds. Think they care where it comes from. I'm all for CO-grown. Just getting the word out there that there's Cali stuff trying to make it's way around.

I thought I'd bump this thread :)

Right now, prices are on a sharp decline. Wholesale is down over 25% compared to when this thread was started, and retail has dipped well over 25%. We currently sell $250 ounces to members and I heard of one shop selling good quality mmj for $175. At $250/oz, that's $4k/lb, 25% above wholesale value. These are tight margins...

The 70/30 rule makes it so you have to sell 70% of your own production, and some smaller MMCs are having to cut prices quite a bit to be able to sell that much through their own shops.

Quality is also on the rise, right now it's difficult to wholesale anything but the highest quality meds, and even then prices are around $3k/lb. As time goes on I expect quality will continue to go up and MMCs that can't produce the best of the best will lose all their business and have to shut down.

there's super quality herb out there for 125/z and up in boco. everyone had to get these facilities to grow in, so mmc's grow their limit in 10 times the amount of space that was being used pre-1284. It's kinda crazy how low prices are. I can't see how most centers are making it.

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Originally Posted by copobo

there's super quality herb out there for 125/z and up in boco. everyone had to get these facilities to grow in, so mmc's grow their limit in 10 times the amount of space that was being used pre-1284. It's kinda crazy how low prices are. I can't see how most centers are making it.

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Yeah, unless MMCs grow the goods, sell it for a good price, and have a larger operation to provide some economy of scale I think their days might be numbered. However, if the local and state governments end up denying licencing for a lot of shops it will make it easier for the others to survive.

Honestly, the risk/reward ratio is so poor right now I kinda wished I stayed away from MMCs entirely... woulda been better off as a private CG. Gov't f*cks it all up....what else is new.

BUT... from the consumers point of view this is great. There is tons of variety, prices are low and top quality isn't hard to find. And you can just walk into a shop and buy it legally rather than deal with BM dealers.

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Originally Posted by Dorje113

BUT... from the consumers point of view this is great. There is tons of variety, prices are low and top quality isn't hard to find. And you can just walk into a shop and buy it legally rather than deal with BM dealers.

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Fiddler's Green ain't in it. CO smokers have never had it so good.