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11-21-2010, 01:57 AM #27
OPSenior Member
POLL: Will HB-1284 Cause Prices to Raise or Fall?
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.
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