LNPPs aren't heartless

[CFO]

I have been reading many of these threads and wanted to point out a few things that have been misrepresented within some.

The LNPPs have many costs involved with the production of our highly valued medicine. Some of those that many will acknowledge are electricity, nutrients, equipment and payroll.

I have asked for the definition of "reasonable" compensation and got lambasted about my electric bill instead. We all know that it is cheaper to grow our own. The same can be said for tobacco cigarettes. How many can do that?

What about the rest of the costs that a LNPP has? First year license renewal fee of $10,000; $20,000 second year; $30,000 every year thereafter. Plus: in addition to those in the above paragraph there is Security, insurance, business licenses, mortgage payment or rent of facility, property taxes, packaging supplies, delivery costs, CO2 and many others. An individual has a few of these expenses, but to produce the quality and quantities that we are asking of the producers costs much more. Whatever it costs us to produce our four flowering plants is only a fraction of what it costs to produce 150 plants. And once supply exceeds the demand, I believe the prices will come down. New Mexico is NOT California. Prices in Colorado are coming down. I saw an ad for a dispensary in Colorado Springs that has medicine less than $200/ounce.

Our program is really new and all of the negativism will not help.

Support your local LNPP.

CFO Reviewed by CFO on 06-26-2011. LNPPs aren't heartless I have been reading many of these threads and wanted to point out a few things that have been misrepresented within some. The LNPPs have many costs involved with the production of our highly valued medicine. Some of those that many will acknowledge are electricity, nutrients, equipment and payroll. I have asked for the definition of "reasonable" compensation and got lambasted about my electric bill instead. We all know that it is cheaper to grow our own. The same can be said for Rating: 5

[ManOBuds]

I agree with most of your post,however.....can you explain why prices are already falling when the expenses have not?

[alfonso2002]

I think the supply is getting passed the demand. and the smart produers are jumping on the bandwagon. Better to lower the price and sellout your meds than to have a higher price and have to keep finding new patients to try and sell what you have.

[ManOBuds]

Good point.

[CFO]

I think the supply is getting passed the demand. and the smart produers are jumping on the bandwagon. Better to lower the price and sellout your meds than to have a higher price and have to keep finding new patients to try and sell what you have.

I agree. As an accountant, I see many of my construction clients reducing their own compensation so they can continue to pay their workers and continue to hold onto loyal employees for when they will need them more when business picks up. Usually there is another source of income as well. Sometimes that strategy works, sometimes they still have to close their doors.

When we prepare our monthly budgets we hope there will be something remaining after all the bills are paid. When something "pops up" out of the ordinary, we "rob Peter to pay Paul". I think the head people at many of the LNPPs are foregoing compensation now to cover costs and hoping that some day in the future they will actually be paid for all their hard work.

When plant numbers were increased to 150 many of the LNPPs chose to grow the limit. Many others will not risk the additional number of years in prison if the Feds decide to crack down. What everyone needs to remember that the LNPPs are not afforded the same consideration as we patients. There have been very few patients who have been prosecuted, it has been the growers, dispensaries, et al. Trafficking is not protected.

[chance942]

Growing anywhere is not E Z duh.Producers are not heartless agreed. I said the price was BS and huh it fell to 3 bills despite the no money BS. These lights could be running on bioDiesel or methane for fuxache.The price came down because it's hard to keep even the best hustle flowing. Ganja is available easy as pie now if you have the loot so be thankful for that. As for grades and BS...stinky funky ass weed is fun but oil is better.

[alfonso2002]

Chance you say"These lights could be running on bioDiesel or methane for fuxache. your right they could if you have the" RIGHT STUFF" It take MONEY to do those things you got a few thousand extra? And you say the price has fallen to 300.00 an oz that was to be expected when all the producers were online and producing supply and demand thing.Don't get in a huff with what I post no disrespect intended.

[thatguyjrod]

Even with production "costs" I still find it incredibly odd that the cost of medicine is still based on black market prices. I'd like to get an explanation on that.

[alfonso2002]

thatguyjrod why do you think the prices are tied to black market prices? That is not the case here in N.M.But they are tied to the costs of production and getting the medicine to the patients.The producers that are producing are doing it by employing people to do all the things required to get medicine to the patients.These are BIG operations so many things have to work together to make things happen.It is more than just growing a plant.

[thatguyjrod]

I never said they were tied to black market prices, I said meds are priced the same price as black market bud. $60 an eighth, $100 a quarter, $210 a half $400 an ounce.