DoubleAtotheRON
Well-Known Member
Where the market has crashed, and the weed is worthless.......
Welcome to Oklahoma!
- Thread starter DoubleAtotheRON
- Start date
Samwell Seed Well
Well-Known Member
Duh the cash grab is over... boot strap time.
DoubleAtotheRON
Well-Known Member
Yep.... I still got product on the market I haven't even been fully paid for yet. ... Got a legit contract tho. 2 more weeks, and this shit is about to go the legal route.
Milky Weed
Well-Known Member
I’m sorry man that’s shitty to hear. I hope something changes and states are allowed to export to other legal states soon.
DoubleAtotheRON
Well-Known Member
Worst. Legal. State. Ever.
DoubleAtotheRON
Well-Known Member
If you're trying to make a living... yeah, it should cost more than tomatoes. You ever grow a 20x30 room?
Apostatize
Well-Known Member
how does that happen? medical-only state with price caps? aren't caregivers there limited in what they can charge (like limited to their costs or something ridiculous)? and is that really what's being sold in stores? wows all around.
Milky Weed
Well-Known Member
it sounds really nice but I can’t agree with it. There are expensive exotic herbs out there, why wouldn’t weed be included?
DoubleAtotheRON
Well-Known Member
It happens when you have $2500 a year State fees, 25% out of State ownership, and unlimited growers, Dispos, processors, no cap on how many you can grow, If you want to grow a million plants,... ok cool. This has got the be the worst saturation of any Legal State that I know of. We have more growers than CA, WA, and CO combined.
I grew an entire house. You're just used to black market prices. The tomato producers make money, what's the difference?
DoubleAtotheRON
Well-Known Member
They don't produce tomatoes indoors. Hoop House.. yeah. Cost difference is major.
Just like tomatoes, there are expensive, heirloom varieties that cost many times the cheapest tomato at the grocery store. Wine, same thing - expensive, and cheap. Cheese, same thing. Any commodity will end up with a similar cost structure in an open market. Weed has never had an open market, and a black market creates profit opportunities that would not otherwise be available.
In other words, the only reason weed was so profitable is because it has been illegal. Once it is legal, it will be no more profitable than alcohol.
Of course they do. If tomatoes were only grown by individuals at home and sold on the black market, they would cost as much as weed. They do not cost that much, because of economies of scale, something the weed industry has not yet been able to utilize to great benefit.
DoubleAtotheRON
Well-Known Member
Do you even understand the legal weed market? I live outside of a town that has about 24,000 people in it. You can buy tomatoes at about 3 places. This town has 22 Dispensaries, and the State has over 9600 growers. This would be like a town of 24,000 and having 22 Mcdonald's.... and you gotta consider that half of them don't even like McDonalds.
Samwell Seed Well
Well-Known Member
numbers dont lie
Apostatize
Well-Known Member
huh? inputs. nutes alone. ask Uruguay citizens how their state-run $1/gram cannabis program is going -- dank or mids?
DoubleAtotheRON
Well-Known Member
I was excited to grow top shelf weed up until this year. Now, It just doesn't seem worth it. Got a room going right now, and my motivation is getting weaker by the day knowing that all the effort I put into this grow is going to yield me $700 a lb. 3 years ago, I could sell lbs. for $3000 no problem.
DoubleAtotheRON
Well-Known Member
3K a lb is great... $2500 is ok.. but $700 is an insult.
Samwell Seed Well
Well-Known Member
legal side. We are looking at branding at 4 dollars a gram and wholesale at 2.30..... is a volume market at the legal level(per space). and any small tier grows get outpaced unless they are above the avg