EdGreyfox
Well-Known Member
Day 23:Temp= 72-82 during light, 62-70 at night. Humidity=35-42%
Gave the girls a good watering with nutes last night after I posted and they've put on another growth spurt, thought that might be partially due to another factor. I had to a power outage last night and some weirdness with the MH bulb/light timer this morning so I ended up using my HPS instead of my MH bulb today. I switched it back in once I was home from work, but the 8-9 hours they had under the HPS might have something to do with the visible amount of growth. The girls look healthy and happy, so not much else to add today thats related to the plants.
Ok, just a side rant. I keep getting into arguments with people from the MMJ industry on these boards, and it's starting to make me rethink my whole position on growing commercially. I started out by running the numbers on my own grow using standard business accountings methods, and then got my caregiver to start letting me run his numbers and help with his books ( sorry, i don't do income taxes. I'm not that kind of accountant), and the more I study the numbers the more convinced I am that most of the growers are charging much higher prices then they should be. Now, i will admit that most of them are just doing what they are used to doing, but this isn't the black market anymore, and when you start looking at the real costs to produce one ounce of MMJ it becomes obvious that the growers/dispensaries sales prices include one heck of a big markup. Very, very few businesses run a profit margin of over 25%, but even using conservative estimates it looks to me like the average margin in the MMJ business is more like 40%(or higher). Everytime I point this out on a thread I get jumped on by people from the industry that tell me i don't know what I'm talking about,that I'm full of shit, etc, and frankly they've pissed me off enough that I'm about ready to put my money where my mouth is and take my caregiver up on his offer to take me on as a partner. If I decide to do this it will be with a single goal in mind- to prove that you can grow commercial quantities of high grade MMJ at a cost that allows you to retail it for less then $250/oz while still running a profit margin of between 15-25%, and to either force other growers/dispensaries to become more reasonable with their prices or to go out of business as they lose customers. I'm sorry if my attitude offends anyone, but i find the attitude of the growers and dispensaries that think it's reasonable to expect someone that consumes about an ounce a week to spend over $20,000 a year for their medications offensive, and think it's time someone showed them how competition benefits the consumer.
Gave the girls a good watering with nutes last night after I posted and they've put on another growth spurt, thought that might be partially due to another factor. I had to a power outage last night and some weirdness with the MH bulb/light timer this morning so I ended up using my HPS instead of my MH bulb today. I switched it back in once I was home from work, but the 8-9 hours they had under the HPS might have something to do with the visible amount of growth. The girls look healthy and happy, so not much else to add today thats related to the plants.
Ok, just a side rant. I keep getting into arguments with people from the MMJ industry on these boards, and it's starting to make me rethink my whole position on growing commercially. I started out by running the numbers on my own grow using standard business accountings methods, and then got my caregiver to start letting me run his numbers and help with his books ( sorry, i don't do income taxes. I'm not that kind of accountant), and the more I study the numbers the more convinced I am that most of the growers are charging much higher prices then they should be. Now, i will admit that most of them are just doing what they are used to doing, but this isn't the black market anymore, and when you start looking at the real costs to produce one ounce of MMJ it becomes obvious that the growers/dispensaries sales prices include one heck of a big markup. Very, very few businesses run a profit margin of over 25%, but even using conservative estimates it looks to me like the average margin in the MMJ business is more like 40%(or higher). Everytime I point this out on a thread I get jumped on by people from the industry that tell me i don't know what I'm talking about,that I'm full of shit, etc, and frankly they've pissed me off enough that I'm about ready to put my money where my mouth is and take my caregiver up on his offer to take me on as a partner. If I decide to do this it will be with a single goal in mind- to prove that you can grow commercial quantities of high grade MMJ at a cost that allows you to retail it for less then $250/oz while still running a profit margin of between 15-25%, and to either force other growers/dispensaries to become more reasonable with their prices or to go out of business as they lose customers. I'm sorry if my attitude offends anyone, but i find the attitude of the growers and dispensaries that think it's reasonable to expect someone that consumes about an ounce a week to spend over $20,000 a year for their medications offensive, and think it's time someone showed them how competition benefits the consumer.