I think $50 1/8 are high in this market. Prices overall seem to be dropping with all the competition around.

Having found a place where I can get $45 1/8 and $300 oz without compromising quality I would probably overlook your place unless the quality was extremely exceptional or there was a particular strain I was looking for.

There are some very good growers in Colorado. However, there are many many mediocre ones that are selling to dispensaries. If your quality is good there are no worries, but with the sudden explosion of compition you should be armed with some great genetics, good prices, and a comfortable location.