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10-07-2011, 07:56 PM #10
Senior Member
What the hell is going on?? Now here Come The Feds!
The story is different here in Colorado. Profit is A-OK, though we haven't made any yet.
Originally Posted by Purple Daddy
The revenue being generated is being put back in the business towards the cost of building and operating a complaint cultivation facility, licenses and fees out the wazoo, security, employees, etc.
We haven't taken money out of the company because we know that any successful business usually takes several years to build.
I don't think the question is whether a grower has the right to charge $3,000 a pound. At this point, it isn't about rights it's about economics.
Over the summer Colorado saw a price war that made $25 1/8ths the standard among discount shops.
We saw a slight loss in business and adjusted our prices to the market. We still charged more than $25 per 1/8th and likely always will but we grow quality medicine that justifies it.
Now, the supply isn't so flooded and prices are coming up again.
Supply and demand dictates this market just like any other, and my opinion (obviously biased) is that being in business is about making money. As long as we aren't scamming or taking advantage of patients, there is nothing wrong with receiving compensation for hard work.
Even the non-profit co-ops give a salary to those who operate them. Am I wrong?
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