303 meltdown
- Thread starter HGK420
- Start date
greenghost420
Well-Known Member
sounds dank!
Bad Karma
Well-Known Member
Some smartypants Coloradoan is going to figure out that they can sell those packs of 303, and other "Denver only genetics", for big bucks on the auction sites.
I know I would.
Jogro
Well-Known Member
What's stopping them from doing that right now?
I think there are several practical issues here that will tend to curb this sort of thing. First of all, quantities are going to be limited and its going to be tough for individuals to accumulate large numbers of beans at retail. IE you're probably not going to be able to walk into a store with $1000 cash and walk out with 15 branded labelled packs of 303 Meltdown, for example. The supply just won't be there and the store owners probably wouldn't let you do it even if it were.
Factor in shipping costs, auction costs, other overhead, and willingness of people to pay what amounts to way above retail pricing for these things, and that's also going to cut the potential profit margin here. If the "CO only" genetics are so good, and so valuable, and in such high demand that people are actually willing to pay way above retail for them, then that provides plenty of incentive for the legit makers to sell them via the usual extra-American banks, or for other enterprising companies to rip them off.
Don't get me wrong, there is absolutely no doubt in my mind that once anyone can just walk into a dispensary with cash and walk out with beans, a huge number of "Colorado" beans are quickly going to be making their way all over the USA, in envelopes, in tourists pockets, in car trunks, etc.
But how long this happens remains to be seen. If there is visible abuse, I'd expect the State of CO to quickly put limits here, both on who can buy the beans, tracking requirements (eg every purchase requires photo ID and gets recorded), how many can be purchased at once, etc. Once beans start "walking" all over the place, the Feds might get involved, and if they do, they're probably going to clamp down on individual retail outlets or even maybe breeders, which will exert a chilling effect on the entire bean market.
Bad Karma
Well-Known Member
Because you can still order them online, there is no exclusivity to them, yet.
It's a retail store trying to make a profit, they will sell their entire stock off to the right person, as long as they have the money to pay the bill.
If I walk into my local grocery store, no one is going to stop me from buying every bottle of water, as long as I've got the funds to cover it.
People in my community won't have clean water to drink if I do this, now ask me if the grocery store gives two shits if that's the case?
In fact, the store employees will help me load all of that water into my vehicle with a smile, and tell me to come back soon.
Except for the fact that 303 is discontinuing their worldwide production/distribution, not only to focus on in-state sales, but to also stay within state laws.
Do you really think that the state would let them operate a legal state sanctioned business that also visibly sells to the global black market online?
Then why are you questioning what I said if "there is no doubt in your mind"?
Because if there's "no doubt in your mind", you'd realize that you were actually agreeing with me to begin with, thus making your post unnecessary.
RockyMtnMan
Well-Known Member
The times I've bought beans in Co, they usually don't have more than 4-5 packs of each. I have actually had to call around to find certain strains or breeders in stock. Many times the demand is greater than the supply.
With so many people growing, the stock moves pretty good. The up-side is the ceeds you get are fresh, and well dated, stored etc.
With so many people growing, the stock moves pretty good. The up-side is the ceeds you get are fresh, and well dated, stored etc.
Jogro
Well-Known Member
Some retailers are happy to operate that way, but they'd also be selling off their goodwill. Part of maintaining it, is keeping the customers happy, and returning. Never having any inventory in stock isn't a good way to do that. That's why many stores limit purchase quantity of on sale or scarce items they anticipate to be in high demand. They'd rather have lots of happy customers than one REALLY happy one, and a lot of unhappy ones!
Again, some stores will be happy to have the sale all at once, some won't. Depends on management; depends on inventory, and depends on what's going on at the time of the sale. Try this during a natural disaster, and damn right there will be stores that will limit the number of bottles they'll let you or anyone else carry out. Other stores will happily charge you 10x the pre-storm per bottle price. . .take as many as you need.
Unless you drive around in a semi-truck you probably can't even physically load your vehicle with all the water in some big stores. Even if you did, chances are pretty good, the store in question would re-stock in a short period of time. . .perhaps even within 1 business day, since many are supplied daily. And even if you did buy out all the water, short of an emergency, nobody is going to pay more for it to take it off your hands than what you paid. So even if you depleted the entire water inventory, you wouldn't disadvantage the other paying customers for very long, and buying the water at retail would help ensure that you wouldn't make much (or any) profit re-selling it later. Bottom line, water is a necessary and unregulated commodity, cannabis beans are a highly regulated and highly scrutinized luxury item. ..they're not exactly comparable.
As a counterexample to 303, Rare Dankness is another boutique breeder based in CO. That company has its "CO only" strains, but it also has a completely separate "sister" corporation in Spain for international sales with its own production and packaging. How? Because CO laws are inoperative outside the jurisdiction of CO. 303 may say its stopping worldwide distribution now. . .lets see what happens if international demand for their product quintuples, and/or if some other extra-American breeder approaches them with a good international distribution offer.
Where did I say that? No, of course the State won't let them openly distribute beans out of CO. That's against CO law, and its also against US Federal law. But there isn't really anything the State of CO could do to stop 303 from franchising a subsidiary in Spain to manufacture and market its products in Europe or elsewhere. That's what Rare Dankness has done, and so far as I know Rare Dankness Europe isn't closing down in two months time.
If my post is unnecessary, why are you responding to it? I disagree with your premise here; I don't think there are "big bucks" to be made trying to buy up legal beans in CO at retail and auctioning them out of State. Of course anyone trying to do that in quantity will probably attract unwanted attention.
The biggest issue I see here is that legal CO beans are already priced at about the same price as illegal black market ones (and in many cases higher). So far as I know, nobody is expecting retail prices to DROP in two months time. You're not really going to get them any cheaper off a shelf in CO than you would other beans from say "Sea of Seeds" or such. Since there is a limit to what people are willing to pay for black market beans in any case, there is only so much room for markup reselling them into the black market.
Basically the only profit margin here is the premium over normal retail that some growers will be willing to pay for "CO only" beans. How much that premium will be depends on how badly the growers want these, and how scarce they actually are. These things remain to be seen, but I'm skeptical that "CO only" genetics will be so damn desirable that they'll command a huge premium over say beans from half a dozen internationally known and award winning breeders outside of CO. Again, if they did, that would provide strong incentive for the CO breeders to divest outside of CO, or for existing breeders outside of CO to appropriate the lines.
Jogro
Well-Known Member
Well, correct me if I'm wrong, but right now only legal card holders in CO can purchase beans legally. Everyone else has to wait until January, right?
Stipulating that lots of "medical" beans are probably ending up in the hands of non-medical growers (which, again, I believe IS still legal so long as no money changes hands), once ANYONE can just walk into a dispensary and buy beans, demand for these will probably increase substantially, not just from increased in-State demand, but also from "tourism" demand.
Presumably the CO based breeders are anticipating this and are ramping up supplies accordingly.
I think its going to be super-interesting to see what happens in CO over the next 6 months with all this.
RockyMtnMan
Well-Known Member
Yes, you still need a card to access the dispensaries.
Most people know someone with a card, or someone who works in the industry, so if you are resourceful, you can acquire just about anything.
I think it will calm down in a little while. A lot of people are growing, but not doing it well.
I grow tomatoes outside, and they rock, but I still see people in the produce department at my grocery store. They could grow tomatoes too, but they don't.
Once they realize the time, attention and devotion required, many drop out.
(I know a few people who already quit trying after smoking their mids)
The one truly great thing about being here, is it is a connoisseurs paradise.
Everyone I know has something different. Clone sharing and trading ceeds and genetics is rampant.
Either something great will come, or we will dilute the gene pool, till many long time classics are forgotten.
Most people know someone with a card, or someone who works in the industry, so if you are resourceful, you can acquire just about anything.
I think it will calm down in a little while. A lot of people are growing, but not doing it well.
I grow tomatoes outside, and they rock, but I still see people in the produce department at my grocery store. They could grow tomatoes too, but they don't.
Once they realize the time, attention and devotion required, many drop out.
(I know a few people who already quit trying after smoking their mids)
The one truly great thing about being here, is it is a connoisseurs paradise.
Everyone I know has something different. Clone sharing and trading ceeds and genetics is rampant.
Either something great will come, or we will dilute the gene pool, till many long time classics are forgotten.