Results 11 to 20 of 21
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08-05-2010, 06:35 AM #11
Junior Member
Average cost for an Oz?
$400 is about top end of the illegal street market, and that via multiple middle men. A grower thinking they are going to get that is nigh about delusional. A grower is going to be selling by the pound, kilo or more. You can't sit on it for months waiting for the best market. I would estimate that there is about a 6 month window from harvest to point where the product is no longer of desirable use. Medical cannabis has enabled a smaller distribution chain between grower and consumer, at least potentially, but the seller is probably doing 100% mark up so an oz. that goes for $350 probably pays the grower about $175 or less. Most of these operations tend to work hand in glove with a grower (same people) so they are obviously making more.
If growing cannabis isn't a full time job, you shouldn't expect to have your entire livelihood subsidized by doing it. And lets be realistic, agricultural labor is some of the lowest paid work out there. There is competition from illegal grow operations, at least for the non medical. They have to compete too, and since the illegal market has shrunk in Medical MJ States, prices have fallen.
If Cannabis is made legal in Cali and other states, I'd expect considerable decline in prices.
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08-05-2010, 08:37 AM #12
Senior Member
Average cost for an Oz?
"If Cannabis is made legal in Cali and other states, I'd expect considerable decline in prices. "
Given Cali's proposed tax, it will still be cheaper to grow it yourself if you have access to the proper technology.
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08-05-2010, 01:05 PM #13
Senior Member
Average cost for an Oz?
The free market price is always what the market will bear. Locally it has fallen from ~$250/oz wholesale on the BM, to about $160, (as I understand it).
Originally Posted by kb9vny
~320/oz used to be about normal, and I have paid up to $400/oz retail when times were tough, but never when product was readily available. I always hated and avoided the dealer who took advantage of the diminished supply and raised his prices accordingly.
In fact, it was such a dealer who told me to take some substandard wet product at $400/oz, or leave it, that led me to bite the bullet, step out of the closet, and seek a medical card.
Before retirement, I made my living in a technical trade, but if I was making my living growing, I would want at least $400/oz. $100,000 a quarter ounce would be better, but then who would buy my product?
In Oregon, we are only allowed to recover expenses, which as has already been noted are relative low per ounce once you exclude labor. Since the quality is demonstratable stellar, the question then is why would you donate your labor and the answer has nothing to do with supporting ourselves from the proceeds.
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08-05-2010, 11:25 PM #14
Junior Member
Average cost for an Oz?
If this so called legalization bill passes the price most likely will not change,
Originally Posted by khyberkitsune
What will change is dispensaries only buying from licensed commercial growers. Home grown will be for personal mj patients consumption and can not be sold to a dispensary.
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08-07-2010, 04:47 PM #15
Junior Member
Average cost for an Oz?
These new laws are in addition to existing mmj laws. As a private grower there is nothing prohibiting me from continuing to lawfully provide mmj to my collective.
Originally Posted by 420goodfu
Additionally the new law says retailers can only sell legally obtained mj, and as far as I have seen there is no restriction on a not for profit, legal dispensary's selling of said product to legal customers. As it stands right now to be a legal customer you need a medical card. When that requirement is removed, someone please show me where it says dispensaries cannot sell their legally obtained mj to non medicals who become legals if this passes.
It is possible that for a period of time the fact that dispensarys are the only ones able to amass large quantities of product, coupled with the lack of prohibitions in place on the legal sale to legal customers could lead to a short boon period in dispensaries. In a way it would almost make sense to distribute to both customer bases from the same locations from a monitoring and oversight standpoint.
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08-08-2010, 07:39 PM #16
Junior Member
Average cost for an Oz?
Reading other material about Prop 19 it seems the dispensaries may turn into the 711's for med mj. While at home growers who sell now to dispensaries can not sell to them after Prop 19, home growers can still supply other mj patients as a non profit. This may effect some and not others depending where the grower decides to supply mj patients.
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08-15-2010, 09:41 AM #17
Member
Average cost for an Oz?
I agree with it being cheaper to grow yourself(always has been/ will be). The tax will drive prices higher , cut into profit margins, but likely both. If the state taxes it 25% or even $100 an ounce ( which is not at all unlikely), the clubs will have to raise their prices( but likely only about half of the taxed amounts will be reflected in the final price). The clubs will probably still operate at the same profit margin , and basically just pay the supplier a lower amount (probably $75 or less an ounce) and sell it for more than they charge now ($350-450+ which reflects the clubs pricing plus 25% or up to $100 in taxes)
Originally Posted by khyberkitsune
this will force smaller high quality operations out of business in favor of generic mid grade(branded as "high quality" ) huge operations. The vast majority would be the "generic" bud, and the superior quality from the small growers that we've grown accustomed to would become extremely scarce and not readily available.
In it's current state, the market has grown to benefit the consumer. Quality has increased steadily, yet prices for the consumers have pretty much stayed the same, if not decreased.
The way the market is right now is probably the best thing to keep drug cartels from taking over, since people seem to want excellent quality in California, and if your stuff doesn't make the cut your gonna be stuck with it and really, really stoned, which isn't all that bad, and that makes everyone a winner, except the cartels who will have togrow their crap somewhere else, sell it cheap and send less money to the cartels, or leave the state entirely in search of "greener" pastures.
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08-16-2010, 06:13 AM #18
Senior Member
Average cost for an Oz?
god,every weed buyer and seller has got a opinion,but FULL OF SHIT.all this paranoia of how it was grown,what nutes was used and what wasnt.heres the real deal for all you out of calis.1200-2000 a pound.the ignorence and full of shit talkers who think they know what they are talkin about on this thread arnt from cali.i feel sorry for anyone who is payin more.people from the bay area are rapists.3000-5000 a pound just because they grew it indoors.
heres the difference between indoors and outdoor grown weed.1-2 deep hits more of med grade weed grown with quality nutes.you can go to someones house and smoke some tarry high thc weed grown indoors with all the right nutes at the perfect timming and get just as high the next day smoking outdoor grown weed but 2-4 more hits[probably has more flavor]and bee just as high.
you can take one hit of purple kush or bubba kush vs. 3-4 hits of outdoor grown afghani and its hard to tell the difference.high is high.god-everyone makes a issue out of everything.everything is analitical.of course most people responding are guys.that explanes it.think about it.the weed of the 60-70s is the same afghani today.genetics do not change-only cross genetics do.
jees,all this analitical bullshit.
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08-16-2010, 06:46 AM #19
Senior Member
Average cost for an Oz?
I couldnt agree more:jointsmile:
Originally Posted by 4harley
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08-16-2010, 06:53 PM #20
Junior Member
Average cost for an Oz?
x2!!!!!!!!!!!!!!!!!!!!!!!!!
Originally Posted by Ub3rB0ng
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