Legal state commercial growers come in

[powerslide]

We just passed medical in Oklahoma. Obviously we will have a huge boom to start with. What kind of prices per Pd are growers in other medical states getting? I'm talking from the warehouse and selling the dispensary. Trying to decide if i want to make a go at this legal jazz, i've been out of the game for about 5 years. I've got a 40x60 and thought about starting with half of that and seeing how it goes. Biggest i ever had was about a 10x10

 

[Indacouch]

Honestly depends on how flooded things are and quality. I live in the land of cannabis. Even though the market is flooded in both sides legal and black market......quality will always demand a good price. So there's to many variables to give you a price. Some people literally can't give theirs away. While others are still getting over 2 racks a LB.

 

[powerslide]

After i posted it i did a search and looks like its just hitting a low of 1000 in some areas and like you said some can't hardly give it away. So for safety sake my calculations will be at 1200. I don't see myself trying to hit the black market

 

[Indacouch]

After i posted it i did a search and looks like its just hitting a low of 1000 in some areas and like you said some can't hardly give it away. So for safety sake my calculations will be at 1200. I don't see myself trying to hit the black market

You can be even safer and communicate with the clubs you plan to sell to. They are some of the worst people as far as price goes. Some people consign their product only to be bamboozled in the end. I don't grow for prophet. I grow for people who need good quality meds for illnesses. i suggest you contact some clubs before you waste your time and money.

GL

 

[powerslide]

You can be even safer and communicate with the clubs you plan to sell to. They are some of the worst people as far as price goes. Some people consign their product only to be bamboozled in the end. I don't grow for prophet. I grow for people who need good quality meds for illnesses. i suggest you contact some clubs before you waste your time and money.

GL

The bill just passed last week.

 

[Indacouch]

The bill just passed last week.

Hurry up and get some product together....lol.... The early bird gets the worm regardless of quality. The only bad thing is they will fill those shops regardless. Even if it means bringing flowers from other states.


Now is the time to find an outlet. I've seen lots of people grow a bunch of flowers and have nowhere for them to go. Hopefully you have the right contacts and are known for good medicine.....it really helps, trust me. Good flowers sell themselves, even when the market is flooded and your not trying to sell em. Consistency doesn't hurt either.

GL

 

[powerslide]

Hurry up and get some product together....lol.... The early bird gets the worm regardless of quality. The only bad thing is they will fill those shops regardless. Even if it means bringing flowers from other states.


Now is the time to find an outlet. I've seen lots of people grow a bunch of flowers and have nowhere for them to go. Hopefully you have the right contacts and are known for good medicine.....it really helps, trust me. Good flowers sell themselves, even when the market is flooded and your not trying to sell em. Consistency doesn't hurt either.

GL

I was wondering about that, whenever they set the date that all this begins, no way everyone is waiting the 6months or whatever it is to get a plant from seed to fruit.

 

[jayblaze710]

Almost everything is going to depend on how it’s regulated, how many licenses are given out, and how many businesses with funding are going to drive out the competition. Marijuana prices have been plummeting in most legal markets, and I don’t think we’ve seen the bottom yet.

Getting your foot in the door is also going to be a costly and time consuming endeavor. Ideally you’d want a lawyer to help with regulations and applying for permits. If it’s anything like CA, the permit process will likely be frustratingly slow and arbitrary. It’s entirely possible you could spend hours and thousands on getting a permit, only to be denied after a few weeks of waiting. The product will need to have every batch tested and every ounce tracked and accounted for. The hoops that need to be jumped through to grow and sell marijuana legally are many.

 

[hotrodharley]

We just passed medical in Oklahoma. Obviously we will have a huge boom to start with. What kind of prices per Pd are growers in other medical states getting? I'm talking from the warehouse and selling the dispensary. Trying to decide if i want to make a go at this legal jazz, i've been out of the game for about 5 years. I've got a 40x60 and thought about starting with half of that and seeing how it goes. Biggest i ever had was about a 10x10

$4 @ gram common in Oregon. $10 @ gram all day long Oregon , Washington. Getting there in Alaska.

 

[jayblaze710]

$4 @ gram common in Oregon. $10 @ gram all day long Oregon , Washington. Getting there in Alaska.

Is this before or after taxes? In CA we’ve had $10/gram for top shelf for a long time now, before they even legalized rec. Prices are up now due to heavy taxes added on, but rest assured, the prices are gonna drop pretty significantly before too long.

 

[xtsho]

Is this before or after taxes? In CA we’ve had $10/gram for top shelf for a long time now, before they even legalized rec. Prices are up now due to heavy taxes added on, but rest assured, the prices are gonna drop pretty significantly before too long.

Tax is already added on in Oregon so a $4 gram costs $4.

 

[hotrodharley]

Is this before or after taxes? In CA we’ve had $10/gram for top shelf for a long time now, before they even legalized rec. Prices are up now due to heavy taxes added on, but rest assured, the prices are gonna drop pretty significantly before too long.

$4 grams in legal shops. I've never bought in Oregon. We went to Vancouver because of taxes when I visited last year.

Bought a quarter of Blackberry Kush for $36. Blew my mind. Smoked it all the way back through BC and the Yukon .

 

[xtsho]

Oregon has a 17% state tax and local municipalities are allowed to collect 3% on top of that so consider 20% of that $4 going in taxes. The consumer still gets a $4 gram but that tax cuts into commercial profit.

 

[SchmoeJoe]

The retail prices in Oregon have been pretty stable for a while now but the wholesale market is bottomed out. Basically retailers have their pick and producers that don't have their own retail locations are screwed.

There's a very few producers who have either standing relationships with retailers or long-standing reps for consistent quality, usually both, that are able to hang tough without being vertically integrated.

Basically it's a buyer's market. Just a year ago there was always a few dispensaries for sale but they've all been locked down by investors. Now it's producers who can't move their product who are either trying to sell or lease their farms.

The bottom line is, depending on your particular states regulations, you should set a goal of using the early "green rush" profit margins to fund the shortest path you can safely cut to having your own production and retail. If you can be certain of your quality then start with production and work towards a dispensary.

 

[xtsho]

If you didn't get a license application filed by June 15th 2018 in Oregon they are not accepting any new ones at this time. There is also talk of putting a cap on licenses which would mean that no new licenses will be accepted going forward even after the backlog is processed. That cap is supported by many in the industry as a way to stabilize prices and reduce market saturation. A cap on licensing will make it impossible to enter the market in Oregon without shelling out large sums of money for an already existing legal business.

"In response to Oregon’s oversupplied recreational marijuana market and a backlog of applications, state regulators will temporarily discontinue processing new adult-use licenses effective June 15.
Marijuana businesses in Oregon have experienced plummeting wholesale cannabis prices – they’ve dropped as low as $50 a pound for flower – and the move to keep new businesses from entering the market could help slow the fall.
The Oregon Liquor Control Commission (OLCC) announced that new applications for recreational cannabis business licenses received after June 15 will be evaluated in 2019."
https://cannabislaw.report/commentary-or-olcc-decision-to-stop-issuing-new-licenses/


"The OLCC gave no indication about how long this stop on new licenses will last. Will it be just long enough for the legislature to pass a new law limiting recreational marijuana licenses in Oregon?" the firm asked. "Who knows. Regardless, it would be wise to get your application submitted to the OLCC before June 15, 2018 if you are planning to start a new marijuana business."

"A cap on licenses for growers has come up in industry and law enforcement circles as a possible way to stabilize a market that has faced massive oversupply since a big outdoor harvest last fall."
https://www.bizjournals.com/portland/news/2018/05/31/oregon-cannabis-regulators-willhit-pause-on-new.html


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[70's natureboy]

If you didn't get a license application filed by June 15th 2018 in Oregon they are not accepting any new ones at this time. There is also talk of putting a cap on licenses which would mean that no new licenses will be accepted going forward even after the backlog is processed. That cap is supported by many in the industry as a way to stabilize prices and reduce market saturation. A cap on licensing will make it impossible to enter the market in Oregon without shelling out large sums of money for an already existing legal business.

"In response to Oregon’s oversupplied recreational marijuana market and a backlog of applications, state regulators will temporarily discontinue processing new adult-use licenses effective June 15.
Marijuana businesses in Oregon have experienced plummeting wholesale cannabis prices – they’ve dropped as low as $50 a pound for flower – and the move to keep new businesses from entering the market could help slow the fall.
The Oregon Liquor Control Commission (OLCC) announced that new applications for recreational cannabis business licenses received after June 15 will be evaluated in 2019."
https://cannabislaw.report/commentary-or-olcc-decision-to-stop-issuing-new-licenses/


"The OLCC gave no indication about how long this stop on new licenses will last. Will it be just long enough for the legislature to pass a new law limiting recreational marijuana licenses in Oregon?" the firm asked. "Who knows. Regardless, it would be wise to get your application submitted to the OLCC before June 15, 2018 if you are planning to start a new marijuana business."

"A cap on licenses for growers has come up in industry and law enforcement circles as a possible way to stabilize a market that has faced massive oversupply since a big outdoor harvest last fall."
https://www.bizjournals.com/portland/news/2018/05/31/oregon-cannabis-regulators-willhit-pause-on-new.html


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Wow! people would rather grow a pound of weed for $50 rather than flip burgers for 4 hours? I can't wait until fools like that come to my state. No mo transplanting and watering and trimming for me. I'll just buy a lb for $50 once a year.

 

[xtsho]

Wow! people would rather grow a pound of weed for $50 rather than flip burgers for 4 hours? I can't wait until fools like that come to my state. No mo transplanting and watering and trimming for me. I'll just buy a lb for $50 once a year.

I'm pretty sure the $50 is wholesale. The average consumer doesn't get it at that price. There was a huge outdoor harvest in Oregon last year and this years crop will probably be even bigger.

 

[SchmoeJoe]

I'm pretty sure the $50 is wholesale. The average consumer doesn't get it at that price. There was a huge outdoor harvest in Oregon last year and this years crop will probably be even bigger.

I'm seeing a lot of Oregon growers not even bother with full term outdoor crops.

 

[Miyagismokes]

I'm seeing a lot of Oregon growers not even bother with full term outdoor crops.

Same here in NorCal.

Dep crops give you an approximation of indoor density with outdoor light, and you can pull a harvest in the middle of full term.
Lots of folks switching from big full-season plots to a few dep houses.
It's sort of a kick in the dick to folks like me, who still have weed from last season. You try to move last year's weed when freshly cured nugs are available.

 

[GreenTools]

Don't know what the details are in oklahoma....but seed to sale reqs for legitimate product will restrict everything...do some research on CA, MA, and other states.....