Flower prices falling

70's natureboy said:
commercial corporate weed vs craft weed
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Yeah, I guess so.. I don't buy anymore but I would like to see people doing it right be able to maintain success instead of the market being taken over by big money.

I'm afraid that growing is easy enough that this won't be the case due to extreme competition, the aforementioned falling prices and lack of tax deductibles.
 
Drove by the Budlandia dispensary the other day. They had banners out for $1 joints and $10 eighths. They also sell clones for $15 according to their website.

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Some homeless campers on the side of the road. They just setup their tents anywhere.

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Mt Hood from the I-205 bridge going across the Columbia river into Washington.

mthood68.jpg
 
The Stone dispensary near Denver has $36 half Oz's out the door after tax. And other great deals. It's not the best product.. tested one of those half O's myself last week.

It takes some decent start up cash and luck to get started up here in Colorado, I looked into it...
 
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Psychonautic83 said:
The Stone dispensary near Denver has $36 half Oz's out the door after tax. And other great deals. It's not the best product.. tested one of those half O's myself last week.

It takes some decent start up cash and luck to get started up here in Colorado, I looked into it...
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It takes a decent amount of cash to get started anywhere they've legalized it. I think many people that thought they might try and get in have ran into a brick wall of licensing fee's and red tape. Many that have traversed the regulatory requirements and financial requirements have found that it wasn't the gold rush they thought it was going to be. I have a friend that just recently bought a bunch of growing materials from one guy here in Oregon that has already called it quits. Growing good weed isn't enough. You have to be able to sell it. The supply chain is pretty much locked up. If you're not in the loop there's no place to sell your weed. Getting into that loop can be a bigger obstacle than the regulatory and financial requirements. You can't just grow weed and sell it to dispensaries that already have all the sources they need.
 
Psychonautic83 said:
Yeah.. it filled a need while crop was curing. Perpetual is running good now so should be no more buying.
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There is nothing wrong with some of the cheaper offerings at the dispensaries. Much of it is really good and a lot of it is just the smaller buds from the same plants. If it smokes and does the job then smoke it. If it works for you then that's all that matters.
 
Here in the east we are still paying $400/oz &$100/q. And we think it's good shit... I've never been out to the west coast but I hear what we consider good is really average stuff out west.
 
xtsho said:
It takes a decent amount of cash to get started anywhere they've legalized it. I think many people that thought they might try and get in have ran into a brick wall of licensing fee's and red tape. Many that have traversed the regulatory requirements and financial requirements have found that it wasn't the gold rush they thought it was going to be. I have a friend that just recently bought a bunch of growing materials from one guy here in Oregon that has already called it quits. Growing good weed isn't enough. You have to be able to sell it. The supply chain is pretty much locked up. If you're not in the loop there's no place to sell your weed. Getting into that loop can be a bigger obstacle than the regulatory and financial requirements. You can't just grow weed and sell it to dispensaries that already have all the sources they need.
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Sounds like my college education and budding career...

I appreciate this posts insight into cannabis business challenges.
 
Game Over

You can pretty much give it up if you think you're going to grow and sell legal weed in Oregon unless you have very deep pockets and even then most will go broke. Many people will need to dust off those resume's or get a real job.

Behind Portland’s blockbuster marijuana deal: a Russian billionaire, cannabis consolidation
A billion dollars for a Portland marijuana company.

It’s an astonishing figure. Last month’s deal for Cura Cannabis was the biggest acquisition in the history of legalized marijuana in the United States. It’s a sign of just how quickly the market is emerging. And that’s just the beginning of the story.

Curaleaf, the Massachusetts company buying Cura’s recreational marijuana business, is backed by a Russian billionaire whose fortune helped fuel its rise. Investors value the startup at nearly $4 billion and project its value to rise by 20 percent when the all-stock deal for Cura closes.

Oregon’s surviving independents, meanwhile, are casting a wary eye on the advent of Big Cannabis. They’re wondering if they have a place in the future of a market they helped create.

“It’s going to be really tough for the folks who have chosen to stay independent.”

https://www.oregonlive.com/business...ssian-billionaire-cannabis-consolidation.html


 
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