Just wondering how many people have set themselves up to produce MM and now find that they are unable to sell their produce. Or found the offering price has dropped well below what they had anticipated?
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Just wondering how many people have set themselves up to produce MM and now find that they are unable to sell their produce. Or found the offering price has dropped well below what they had anticipated?
This will be interesting poll. I'm noticing a lot of movement on the grower side of the business trying to figure this out. I met some people at the Colorado Cannabis Convention that are looking at creating an online exchange. Similar to a stock market for the growers and dispensaries.Quote:
Originally Posted by PerfectTiming1
I've been posting on this forum for six months. About twice, maybe three times a month someone comes on here saying something like,.. "I quit my job to grow MMJ. It's my first grow".
There are SO many people growing now, that unless you grow the dankest of the dank, Know the owner of a dispensary, or know enough MMJ patients. You should keep your day job.
Beyond that, unless we see pictures, know the stain, can smell, taste and sample to see if properly dried, cured and handled. NOT ONE person on this site can tell you why they won't currently buy it from you. Sorry:wtf:
As more and more people do this, the price will drop. That is until (if) the new law passes. At that point, dispensaries will have to charge even more then now, to cover the increased taxation. ONLY licensed grows will be legal to sell!:mad: Plus to grow anything other then your five patients plants and sell ONLY to them will require the state have full access to your grow for "health inspection". It comes down to the $5000 fee. If you paid that, to the state, you can sell to anyone licensed. If you don't pay, Your going to be full on screwed!
I've seen a few ads on Craigs selling overgrowth. So, until this law passes that is still an option. Keep in mind though,.. If it isn't very good, you'll simply piss people off who want the best. Plus you'll end up either delivering it, or having traffic while they come to you.
Once HB10-1284 passes and becomes "law". Anything over your 2oz per patient is illegal. Regardless of their, or your, status. You can be charged with propagation and maybe even distribution of a controlled substance. The law specifically removes the private small grower from any legal method of selling or ridding themselves of overgrowth. That way, little miss 50 year old church going, Cancer patient, can become part of our governments favorite private prison system. :wtf: Where as RJ Renolds could grow a few acres!
the new law would just push that activity underground. there is no way to tell if something was grown on-site or not. there will just be alot of "off-register" sales to fund the inventory purchases. The laws will not bring more to light - they will force it back underground.
It's be called the Romer-Massey disaster of 2010
If you want, I'll look at your meds as long as you're legit under the amendment. We're pretty straightforward.
Welcome to the market and the laws of "Supply and Demand"Quote:
Originally Posted by PerfectTiming1
All the "johnny come lately" growers have flooded the market and the folks that have been doing it for years have upped their game and become more productive. So the prices have dropped and it will get worse before it gets better. As the big warehouse grows start coming down more and more you will see the price per pound drop. But I believe this will correct itself within a year or so. Many many people have gotten into growing or started dispensaries with expectations of huge profit margins. Once they figure out their overhead and find they can only get half of what they thought per pound (and that's if they are able to harvest a quality product). But those of us that have been doing this awhile know there will be some slim times coming up but we will weather it because this is what we do, what we have always done. But for those that got into it to get rich quick I think many will fall by the wayside and run for the next "get rich" scheme, once they find the margins are not that big.
As long as you have quality I think that usually speaks for itself as long as you don't expect an arm and a leg for your goods.:rastasmoke:
really, if you aren't doing it for yourself, forget it.
Everyone who's ever thought about growing, especially here in CO has had the get-rich-quick plan in their head. Some folks before they even plant a seed. It's like saying - "Electricians make a lot of money. I think I'll be an electrician! Hey, where can I get some wire?"
spacebomb, OGK, AK47 into flower tonight! :)
COpobo, where did you get your Avatar? I know at one time it was the logo for ECT-Elite Cannabis Therapeutics, I even have a few of thier t-shirts, no worries just curious, I was told they trademarked it but really do not know.Quote:
Originally Posted by copobo
I honestly don't know. I did an image search for marijuana on Google.
Can you copyright a naturally occurring molecule?
Quote:
Originally Posted by GratefulMeds
YEP! just keep your eye on monopolies which im sure are already forming (from cali id suspect). they will drive prices up and care less about quality.
everything will fix itself in time as long as gov regulation doesnt have too much influence.
meded so you can mededicate to mededitate
i believe that the US. health dept. already has copyrights on compounds in thc. supposedly they have cures for various illnesses but we dont use it, however if they decide to they already have the rights to it.Quote:
Originally Posted by copobo
meded so you can mededicate to mededitate
People should stop going to dispensaries and support your local weed dealers.
Where can you find them at?
Buy Local :thumbsup:
I have found a lot on snowboard mountainsQuote:
Originally Posted by FarmerSteve
LMAO, if I could snowboard I wouldn't need the meds:thumbsup:
Quote:
Originally Posted by neversummer
Yeah support the people who give nothing back to the community !!!!
:smokin:Before Dispensaries came around, who risked everything they had to support the communities, and grow so people could have herb for years and years. I don't know about you, but I been looking over my shoulder for the Popo for 40 years of providing for the community. Come on folks above- boarders or undergrounders are not the enemy, the Ignorance that runs amok in the government and our local communities:rasta: is the enemy!!! We must all unite to change the brainwashing of " Reefer Madness", and restore sanity! Thanks for listening to my rant.....MoMo
So thats why you charge $60 an eighth. So you have more money to give back to the community? The ganja slangers on the block only charging $40 an eighth. Thats what i call givin backQuote:
Originally Posted by ColoradoCareMMJ
Most of the dispensaries where i live are owned by people not even from my community. They setup shop in mountains so they can charge high prices to the patient, and lowball the growers. Nothing is going back to the community. Most of the dispensaries ive seen are just greedy middlemen.
ps. CCF is cool, i think you guys are one of the few quality erb shops in CO.
agreed. this biggest problem right now is growers not having a sales tax license and not paying their taxes. Yeah, taxes suck, but it also makes it more legit and professional. we grow about 70%-90% (depending on where we are in our cycle) so when vendors come in we are extremely picky. It has to look good, smell good and taste good-even then, it's our customers that decide if we keep it. If we don't know you or the strand but like it, then we only buy an ounce and if our customer base likes it we will buy more. I have about 10 patients that have tried growing for themselves-not one produced a first crop that I would ever, ever buy. It's a learning process-so these people that quit their job and jump into growing are going to be dissapointed. You are going to need quite a few crops under your belt before you can really dial it in.Quote:
Originally Posted by ColoradoCareMMJ
Quote:
Originally Posted by copobo
I really do not know, that is what I was wondering. I know what they told me but then again a lot of folks tell me things, and I have learned that just because they believe it does not mean it's true.....lol
I have never sold a $60.00 1/8 in my life, and since we have been open I have collected and paid close to $100,000.00 in sales tax. My Town of 2000 gets 3.75% of that. I rolled into Nederland from Toledo in 1979 and this is my third business I have had in Nederland. Instead of complaining about things, get off your ass and do something! so that guy selling you a bag on the slopes isn't a middle man? Face it man the times have changed and your bitter that you haven't kept up. Get your head out of the sand and join the rest of us who are trying to get this legal in all 50 States. Join us or else join the other side!:mad:Quote:
Originally Posted by neversummer
I disagree. B2B sales for resale are not subject to sales tax in CO. Growers would just about always be selling to resellers (dispensaries). Of course we want to push allot of this underground with the new legislation, so *poof* we take most of the life out of a revenue source that hasn't yet had a chance to establish itself.Quote:
agreed. this biggest problem right now is growers not having a sales tax license and not paying their taxes. Yeah, taxes suck, but it also makes it more legit and professional. we grow about 70%-90% (depending on where we are in our cycle) so when vendors come in we are extremely picky. It has to look good, smell good and taste good-even then, it's our customers that decide if we keep it. If we don't know you or the strand but like it, then we only buy an ounce and if our customer base likes it we will buy more. I have about 10 patients that have tried growing for themselves-not one produced a first crop that I would ever, ever buy. It's a learning process-so these people that quit their job and jump into growing are going to be dissapointed. You are going to need quite a few crops under your belt before you can really dial it in.