Oklahoma Growers Thread!

[Johiem]

It looks like it’s got a bit. It’s awefully skinny looking what strain is it?

I'm estimating 3 weeks. Im hoping a bit sooner but not expecting it. That was her stretch. Here she is when I put her in the flower tent, she wasn't scrogged that frame is just for support.

 

[Johiem]

This one is her grandma. She almost died on me and was re-vegged 3 weeks into flower basically monster cropping her. She stretched everywhere.

 

[Hidden360]

"Too cutthroat"... That about sums it up. You've seen this past harvest we just finished up, good clean labs, and we do not have anyone beating our door down to get it at $1600 a lb. Early on, after the law passed, we'd get $3000-$3300 a lb, and get absolutely blow up by text, messenger, email... but not anymore. Maybe... just maybe after all this Croptober stuff clears the market in March/April, the price and demand may go back up. Since we are fully funded and have no debt or investors, we can still stay in the game at these current prices, but alot of them can't. We have like 18 Dispensaries in a town of 22,000. They can't all get profitable or stay in business with those numbers. And you got to keep in mind that out of those 22,000 people, there might be 8% of them that are card holder patients.... this whole thing is going to self level in the next year or so.

Reading your comments on this thread I have to say you’re spot on. Same thing went on in Washington pretty much,

"Too cutthroat"... That about sums it up. You've seen this past harvest we just finished up, good clean labs, and we do not have anyone beating our door down to get it at $1600 a lb. Early on, after the law passed, we'd get $3000-$3300 a lb, and get absolutely blow up by text, messenger, email... but not anymore. Maybe... just maybe after all this Croptober stuff clears the market in March/April, the price and demand may go back up. Since we are fully funded and have no debt or investors, we can still stay in the game at these current prices, but alot of them can't. We have like 18 Dispensaries in a town of 22,000. They can't all get profitable or stay in business with those numbers. And you got to keep in mind that out of those 22,000 people, there might be 8% of them that are card holder patients.... this whole thing is going to self level in the next year or so.

it all levels itself out you’re on the money there, we had the same thing happen in Washington throughout medical, and even worse when we shifted to recreational. Pretty much black balled anyone who didn’t have millions, to the point to where we now have about 66 growers.

 

[Hidden360]

Well...I talked with another grower getting out of the biz today. They were in unincorporated county land South of OKC. Setup is similar-ish to that of @DoubleAtotheRON . Long time grower, boutique setup, all organic soil/nutes, good quality. They said they went from getting $3000+/lb in early 2020 harvests to their recent harvest where they had to take $1800/lb. They described the situation as too cutthroat. I don't know the extent of their connections for getting to market, but they said the dispensaries just don't seem to care so much about the quality. They want cheap, cheap, cheap.

In other murmurings, I heard from a friend that meddles in politics that there's conversations about the out-of-state issue going on at the Capitol. If you care about that issue, let your legislators know.

Got to say it was relatively easy to get up and running here, but wasn’t as well... they do have the 75% residency requirement, however that’s only if you have someone you can really trust to be on the license (most of the time not) if not you can lawyer up and operate as the CFO so you can still have financial control. Biggest issue would be the capital in majority cases. Pretty much the only profitable way in this industry is vertical integration.

 

[Tracker]

Got to say it was relatively easy to get up and running here, but wasn’t as well... they do have the 75% residency requirement, however that’s only if you have someone you can really trust to be on the license (most of the time not) if not you can lawyer up and operate as the CFO so you can still have financial control. Biggest issue would be the capital in majority cases. Pretty much the only profitable way in this industry is vertical integration.

Based on a news article I posted a few pages back on this thread, it seems that the residency requirement is not being enforced, pending ongoing legal challenges. Have you experienced otherwise?

 

[Hidden360]

Based on a news article I posted a few pages back on this thread, it seems that the residency requirement is not being enforced, pending ongoing legal challenges. Have you experienced otherwise?

Yes, at least with the lawyer we worked with we couldn’t move forward until the retainer was maid the the requirement was legally met. However I have noticed several California brands that are in Oklahoma, but they had to basically sign licensing deals with local farms too merry the requirement. So essentially yes you have the Cookies brand in Oklahoma City, however Altum and Wholesale grow their product commercially. So it’s really Altum and Wholesale growers. I have noticed the loose regulations and illegal out of state product flooding the market, that’s what kind of made the push to recreational in Washington in my opinion, stiffer regulations. Not to mention the money the state and businesses were missing out on with only card holders. However you don’t currently legally have to report your employees to the state so you can have people basically move there, etc. you see the grey area. Sucks because a lot of folks don’t fully read the full proposed bills and end up in these situations. It fucked us too we signed the wrong bill initially.

 

[Tracker]

thanks

Yes, at least with the lawyer we worked with we couldn’t move forward until the retainer was maid the the requirement was legally met. However I have noticed several California brands that are in Oklahoma, but they had to basically sign licensing deals with local farms too merry the requirement. So essentially yes you have the Cookies brand in Oklahoma City, however Altum and Wholesale grow their product commercially. So it’s really Altum and Wholesale growers. I have noticed the loose regulations and illegal out of state product flooding the market, that’s what kind of made the push to recreational in Washington in my opinion, stiffer regulations. Not to mention the money the state and businesses were missing out on with only card holders. However you don’t currently legally have to report your employees to the state so you can have people basically move there, etc. you see the grey area. Sucks because a lot of folks don’t fully read the full proposed bills and end up in these situations. It fucked us too we signed the wrong bill initially.

Thanks for the insight. I do appreciate your perspective and being aware of what's going on.

 

[Hidden360]

Based on a news article I posted a few pages back on this thread, it seems that the residency requirement is not being enforced, pending ongoing legal challenges. Have you experienced otherwise?

thanks

Thanks for the insight. I do appreciate your perspective and being aware of what's going on.

Absolutely, what I will say is when it’s all set and done the people who aren’t doing it legally will not fall through the cracks forever. And it will be legally taken care of lol it’s all a part of the process. We’re in a shady business as is

 

[Rufus T. Firefly]

I was in OKC this weekend, way too many shops open IMHO. I would never wish bad on anyone but there will be blood.

I would fuckin love to be wrong.

 

[Hidden360]

I was in OKC this weekend, way too many shops open IMHO. I would never wish bad on anyone but there will be blood.

I would fuckin love to be wrong.

The ones with capital will float, the ones without will sink. You are absolutely correct. The state will have to either get the grower/shop ratio down, or go full on recreational to keep people from going out of business. I prefer medical honestly, rec is shit.... and once they switched they pretty much made you choose between certain licenses like you couldn’t do it all.

 

[Hidden360]

I was in OKC this weekend, way too many shops open IMHO. I would never wish bad on anyone but there will be blood.

I would fuckin love to be wrong.

I think Mississippi will be a shit show moving forward...

 

[Tracker]

I was in OKC this weekend, way too many shops open IMHO. I would never wish bad on anyone but there will be blood.

I would fuckin love to be wrong.

The squeeze is on for sure. All the people who got in not knowing how to grow or how to manage their business/financing are dropping out. Hopefully it works itself out before too long, but it will be very lean until the market gets healthy.

 

[Tracker]

The ones with capital will float, the ones without will sink. You are absolutely correct. The state will have to either get the grower/shop ratio down, or go full on recreational to keep people from going out of business. I prefer medical honestly, rec is shit.... and once they switched they pretty much made you choose between certain licenses like you couldn’t do it all.

I liked the situation in SoCal in the early 2000's. Medical, Not-for-profit coops and collectives, and most importantly, no government database of patients. I think it's kinda f'd up how here, if you want medicine, you have to have a government ID and have your info in a database.

 

[Hidden360]

The squeeze is on for sure. All the people who got in not knowing how to grow or how to manage their business/financing are dropping out. Hopefully it works itself out before too long, but it will be very lean until the market gets healthy.

We spent almost 6 months shopping for the ideal location, you would be surprised how many buildings we had looked at and had passed on that were dispensaries, or were renovating to become one, and just flat out pulled/dropped out. I give it a full year until it levels out max. These leases aren’t cheap.

 

[Tracker]

I was in OKC this weekend, way too many shops open IMHO. I would never wish bad on anyone but there will be blood.

I would fuckin love to be wrong.

There are at least 15 dispos within a couple miles of my house. There's no way that there's enough business to support even half of them.

 

[Hidden360]

I liked the situation in SoCal in the early 2000's. Medical, Not-for-profit coops and collectives, and most importantly, no government database of patients. I think it's kinda f'd up how here, if you want medicine, you have to have a government ID and have your info in a database.

Exactly it’s the only way

 

[Rufus T. Firefly]

I think Mississippi will be a shit show moving forward...

Missouri sure is. I will say this about OK, it's gonna be competition based rather than the restricted licensing fiasco we have.

 

[Rufus T. Firefly]

There are at least 15 dispos within a couple miles of my house. There's no way that there's enough business to support even half of them.

I thought people were exaggerating until I saw it for myself.

 

[Smacker]

I think Mississippi will be a shit show moving forward...

It already is! The state has no idea what to do and the politicians are up in arms because they missed their cut.

 

[Tracker]

Missouri sure is. I will say this about OK, it's gonna be competition based rather than the restricted licensing fiasco we have.

A friend that was active in the effort to legalize here and has frequent contact with legislators told me that the legislators' intentions are to keep it as free market as possible...with limitation on out of state resident business ownership to protect OK resident owned businesses. We'll see if they stay true.