Quote Originally Posted by allwx
Thanks, alfonso. I'm glad to find some NM cannabis folk to share info with.

I'd like to support the non-profits. I realize they have invested huge amounts of money and effort to build their businesses. I do occasionally buy edibles and herb from one of them, just to mix it up a bit, 'cause it gets old vaping the same strain every day. Frankly, some of the non-profit herb isn't as good as what I grow. But if I could afford it, I'd just buy all from them, and grow very little. The problem for me is price. Until it gets down to around $50/oz I'm going to be out of that market.
Welcome to the forum, allwx and welcome to the NM MCP.

We all wish the price could be like it was in the 60's, but with the limits in place and the high costs to produce so few plants, the price will never go that low IMHO. If you only want to pay $50/ounce you can find Mexican Schwag. I don't think you will be able to find medical grade. Unless you only want trim and shake for edibles. Next year the oldest producers will have a $30,000 relicensing fee to pay to the state. That fee alone represents having to sell 600 ounces (37.5 pounds) at $50/ounce. Just don't see our dreams coming true any time soon.

Have been watching "Weed Wars" on cable and I don't see any NM producer becoming anything like Harborside, but I also don't see medical grade cannabis retailing for $3.12/gram ($50/oz). How do you propose the producers pay all of their bills at that price? The independent growers in CA aren't even [I]wholesaling[I] at that price! I heard $5/gr purchase price from the grower and I would have to believe the dispensaries have to at least double that to the patient. When I hear Harborside report their sales are down $200,000 this year to last year and the IRS has hit them with a $2.5 million tax bill (not including penalties and interest)...I have very little sympathy. Even though the tax bill is based on disallowed costs, the tax represents 35% of only the disallowed expenses of $7.2 million and they have had a profit and have paid income taxes.

If you ever find medical grade at $50/ounce in NM, please share. We would all love to pay that for our medicine. Keep on growing.