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

[ThaiBuddhaMan]

Looks like Dorje was right - There was a guy last night at the bar I was at, telling people about where they could get $150 ounces.

[asscore]

I think the price for consumers is going to pretty much stay the same. Historically an 1/8 of good nugs has been $50. Even if the dispensary grows some crap themselves for $5 they are still going to charge $50.

Where the price needs to go (back) up is for the grower...

It costs alot of money to setup an operation, and alot of my time! Besides the fact that my bud is expertly soil grown, 100% organic, hand trimmed, and actually cured, it is never packaged in anything but glass mason jars.

I don't think I should have to take anything less than $4k a pound. The dispensary is going to sell it for $6400, making $2400, or 60% profit (not considering overhead).

The growers do the hard work. Dispensaries just sell the stuff.

Not that this matters because we all know that no dispensaries are still buying from non-centers:wtf:

Back in Wisco I was getting $5600 a pound, and people were basically fighting to suck my cock for this herb. That was wholesale!

I know that isnt going to happen here, but for less that $4k/lb its almost a money losing operation. I would be better off just growing for myself and having a "regular job".

[Dorje113]

I think prices will drop as dispensaries figure out how to grow, and as they do the successful ones will expand their operations as needed.

Another issue about 1284 is that the 70/30 rule could be interpreted as only allowing a dispensary to wholesale 30% of their crop, and if they are a small dispensary with a big harvest they will have to lower prices to be able to sell it all. Our warehouse is looking really good right now(knock on wood), and if it does real well we will have more weed than we can sell at our current rate of sales. Not a bad problem to have all-in-all but if we can only wholesale 30% we will have to run some special promotions....

It's true a lot of product is sub-par but that will change too... A lot of places are only on their 1st or 2nd runs in new warehouses with new strains. Soon enough, dispensaries that can't grow good weed will go out of business.

Then there are the greenhouses, yes there are some places ag. zoned property has been approved an you'll see thousands of pounds of greenhouse weed hit the market next year. If done right, it will be better than any warehouse indoor and should create a surplus driving down prices just like it does in CA.

Personally I look forward to the day the prices drop enough so the profiteers and d-bags go find another scam. I'm happy to grow more weed to make up for any drop in price.

[Dorje113]

I think the price for consumers is going to pretty much stay the same. Historically an 1/8 of good nugs has been $50. Even if the dispensary grows some crap themselves for $5 they are still going to charge $50.

Where the price needs to go (back) up is for the grower...

It costs alot of money to setup an operation, and alot of my time! Besides the fact that my bud is expertly soil grown, 100% organic, hand trimmed, and actually cured, it is never packaged in anything but glass mason jars.

I don't think I should have to take anything less than $4k a pound. The dispensary is going to sell it for $6400, making $2400, or 60% profit (not considering overhead).

The growers do the hard work. Dispensaries just sell the stuff.

Not that this matters because we all know that no dispensaries are still buying from non-centers:wtf:

Back in Wisco I was getting $5600 a pound, and people were basically fighting to suck my cock for this herb. That was wholesale!

I know that isnt going to happen here, but for less that $4k/lb its almost a money losing operation. I would be better off just growing for myself and having a "regular job".

Well, I completely disagree that $4k wholesale is anywhere near reasonable, if you can't do it for half that and be happy you should start looking at other careers. I'm not trying to be an ass but pretty soon there will be a lot of dispensaries growing excellent herb and I know for a fact that it is possible to wholesale for less than half of what you expect and still make a good living.

I almost can't wait for full legalization so the BS inflated prices from the black market are a thing of the past.

[senorx12562]

A friend of mine who owns a dispensary called me a week ago desperate for product, but unwilling to pay more than $175/0z at any quantity. I turned her down of course, and two days later was offered $ 1800 for .5lb. Found out later she ended up paying 3800 for a lb., and I know the grower and it was definitely inferior. Have no idea what that all means, except that my decision to stop selling to dispensaries was a good one.

[Zedleppelin]

There is a big variance in pricing because there is a big variance in quality. I think what 1284 has done so far (for non-dispensary pricing) is stabilized prices and possibly inched them up a notch for high quality herb. I know quite a few people who have been so disappointed with the product from dispensaries lately that they're willing to pay for better quality. That crap you see on Craiglist for $150 an oz is just that, crap.

[HarvestHouse]

Well, I completely disagree that $4k wholesale is anywhere near reasonable, if you can't do it for half that and be happy you should start looking at other careers. I'm not trying to be an ass but pretty soon there will be a lot of dispensaries growing excellent herb and I know for a fact that it is possible to wholesale for less than half of what you expect and still make a good living.

I almost can't wait for full legalization so the BS inflated prices from the black market are a thing of the past.

Dorje113 is right a rain. all the grey and illegal grows better get ready 2k/#

I sell my pot for $4000 a pound retail......at $250 an ounce. Pot will never be worth more than it is now.

[HighPopalorum]

Pot will never be worth more than it is now.

This is how I feel. As a patient, I've been cheering as prices for good pot crashed through the $50 price point. I'm curious to know what you and Dorje and any other center operators / commercial growers think will be a stable retail price for an ounce. In short, how low will it go?

[TheReleafCenter]

Prices are now between $2500 and $3200. We still see the occasional $3600, no one really over that.

[HarvestHouse]

This is how I feel. As a patient, I've been cheering as prices for good pot crashed through the $50 price point. I'm curious to know what you and Dorje and any other center operators / commercial growers think will be a stable retail price for an ounce. In short, how low will it go?

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?