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

[tutone]

High Country Caregiver has been gathering data about cost of medical marijuana in Colorado. You can give your input and see what others are saying about cost of medical marijuana as of right now:

Medical Marijuana Cost

[rightwinger]

Whaddaya think?

If there are X number of dispensaries competing in the front range market, all of them legally allowed to grow as much as they want, this kind of competition could really drive prices down.

Others think there will be fewer dispensaries, and they will conspire to keep the prices high. I seriously doubt it, as not ALL dispensaries will go along with price fixing, plus it is illegal, and this industry is going to be closely monitored. If I owned a dispensary, I know I could make a lot of money AND sell $10 grams, $25 1/8ths, and $150 ozs.

Any time you add license fees from the state-and communities--that cost will be passed onto the consumer. The cost of growing indoor medical marijuana is very expensive and that is what patients are paying for now.

By making dispensories grow at least 70% of the product--puts the small time grower out of the loop--who very well could be growing a great product that is willing to sell for less--thereby limiting cost competition within this industry.

[SGMeds]

Surprises me that the politicians can't see the obvious...

Anything other than legalization creates (even necessitates) a 'black market'.

Here, we have a Bill that forces both black & gray market dealings... those that don't have patient status are totally black... and now forcing a gray market where patients deal with non-assigned caregivers, or dispensaries snagging caregiver dank.

The 'green' market that the Bill forces is commercial grade... high volume at the expense of variety & quality... no way around it. The possible exception (that I can see so far) is that some top-notch caregivers will partner (in legal form) with the mega-dispensaries, but will have to move out of the home and into an industrial/commercial building.


Combine all of this with the fact that the Bill will reduce the number of vendors & dispensaries... where can there possibly be downward pressure on price???

I'll lay 3:1 that we will see no drop in price over the next 2 years & that the selection & availability will be for shit over the next 1.5 years! ;-) If not for longer...

[puntacometa]

[QUOTE]

Whaddaya think?

If there are X number of dispensaries competing in the front range market, all of them legally allowed to grow as much as they want, this kind of competition could really drive prices down.

It will definitely drive prices down for the growers. I've been getting between $3600.00 and $4400.00 per lb from local dispensaries. That's going to change drastically...and soon. Look for growers for dispensaries to be offered $2500.00 or less. It's already happening. Once that becomes widespread, look for the quality to suffer unless the grower really knows his shit relative to being able to produce high quality yields from homegrown nutes. No more of those expensive boutique nutes......at least not without a major hit to your profit margin. It's definitely possible to do it with homegrown fertilizers, but not every grower has this level of experience. Those who know how to do this will be able to keep their margins high enough to stay in business.

Others think there will be fewer dispensaries, and they will conspire to keep the prices high. I seriously doubt it, as not ALL dispensaries will go along with price fixing, plus it is illegal, and this industry is going to be closely monitored. If I owned a dispensary, I know I could make a lot of money AND sell $10 grams, $25 1/8ths, and $150 ozs.

That's going to be interesting to see how it gets sorted out.......of course, once a grower is locked in to a contract at a certain price, he's really not going to benefit/suffer from price fixing, as long as his price is fixed and the dispensary can cash him out on a weekly basis. Being cashed out immediately rather than the dispensary taking the product on a front for x amount of time will be absolutely essential to the grower being able to continue to cover his fixed overhead.

[hippichic420]

Surprises me that the politicians can't see the obvious...

Anything other than legalization creates (even necessitates) a 'black market'.

Here, we have a Bill that forces both black & gray market dealings... those that don't have patient status are totally black... and now forcing a gray market where patients deal with non-assigned caregivers, or dispensaries snagging caregiver dank.

The 'green' market that the Bill forces is commercial grade... high volume at the expense of variety & quality... no way around it. The possible exception (that I can see so far) is that some top-notch caregivers will partner (in legal form) with the mega-dispensaries, but will have to move out of the home and into an industrial/commercial building.


Combine all of this with the fact that the Bill will reduce the number of vendors & dispensaries... where can there possibly be downward pressure on price???

I'll lay 3:1 that we will see no drop in price over the next 2 years & that the selection & availability will be for shit over the next 1.5 years! ;-) If not for longer...

I agree 100%

[copobo]

do you think some great Colorado meds will be heading out of state?

[throatstick]

do you think some great Colorado meds will be heading out of state?

i'd have to say prob yes..

these guys that have big grows won't just throw away the extras.

[relaxalot]

do you think some great Colorado meds will be heading out of state?

^^^^without a doubt. It will be just one way CO growers adapt. I'm sure some already are. It's really unfortunate for Colorado's economy.

[HighPopalorum]

Bumping this from six months ago. Has anyone noticed any increase in price? Prices here have dropped significantly. I don't attribute that to 1284, but rather to the several new places that have opened. I don't think 1284 has caused the increase in price many people expected. Anyone seen prices go up?

[lampost]

Bumping this from six months ago. Has anyone noticed any increase in price? Prices here have dropped significantly. I don't attribute that to 1284, but rather to the several new places that have opened. I don't think 1284 has caused the increase in price many people expected. Anyone seen prices go up?

You get what you pay for! I don't think anyone could justify charging the old prices for some of this warehouse shit! They had to come down...