my version is the whole state of california. people from mendo drive to LA to sell weed.
Prop 19 --> effects price in cali --> effects price nation wide?
- Thread starter LarryTheStoner
- Start date
Markanthony8705
Member
I hope it does pass, then we can stop getting ripped off for $400.00 at the clinic. Sorry if it hurts your business, but I along with many other supports of 19 really hate over priced herb.
NirvAnamation
Well-Known Member
I think what Poplars is trying to say is that there isn't brands of pot yet..example..
BudBomb USA decides to sell it's OZs for $400, said brand happens to be one of the first brands to sell reefer..
MariMyJuana sees BudBombs prices, and somehow, decides they can sell there OZ for $350.
BudBomb is losing business, they must sell cheaper. Somehow, through differant quality or w/e it may be, they decide to start selling for $325
MariMyJuana starts losing business, and how ever they decide to do it, they can start selling for $315
PuffaDaReefer comes along, selling for $310.
And so on. Unfortunatly the prices decrease, along with quality. If quality drops to much they lose business, no matter the price. If quality stays the same, then prices can only drop so much.
Thats just my take, don't shoot me
potlike
Well-Known Member
The right answer to the above questions is it DEPENDS.
Right now we are based at an average equilibrium price.... if someone tries to sell you a quarter pound of high grade marijuana for 10,000 you will more than likely tell them to go fuck themself, because you can find someone else that will sell a very similar quality at a much lower price. This is called supply and demand. For every Quantity(Q) someone is willing to pay Price(P). This is signified by a Supply Curve(S) and a Demand curve(D)..... your equilibrium(E) is where generally people settle on valuing a given quantity of a good at a certain price... where I am at a quarter pound will go for roughly $1200 and that is considered equilibrium you may find some a little higher or a little lower but that is about where it sticks.
Will the shift in Quantity demanded exceed the new supply? I very much doubt that... yes there will be new smokers out there however if your opening up the gates of regulation corporate entities will become involved and mass produce weed and drive prices down.
I'll show you how this happens on a graph.
Right now you have a rough price that a given quality marijuana sells for for a given quantity in your area. This is designated by the supply & demand curves. The supply curve simply states that for a very low price there are few producers willing to do the work for that low price. As the price goes up producers are willing to grow more and more weed. The demand curve is slanting down which means for a high price few people are willing to pay that price but as price goes down people are willing to buy more and more weed.
What happens when you introduce lessened forms of regulation? Now there becomes an influx of new Suppliers which creates a totally new Supply curve and it is shifted outward. However, it also means people are able to smoke w/o med cards legally so there will be a new demand curve also. The problem is the new amount of suppliers will exceed the new amount of people demanding. So supply curve is shifted more than the demand curve and the price is driven from Equilibrium 1 to Equilibrium 2.
Hope you all understood this. I hold a bachelors in economics and part of the way through my master's so if you have any questions feel free to ask. Thanks.
-potlike
Right now we are based at an average equilibrium price.... if someone tries to sell you a quarter pound of high grade marijuana for 10,000 you will more than likely tell them to go fuck themself, because you can find someone else that will sell a very similar quality at a much lower price. This is called supply and demand. For every Quantity(Q) someone is willing to pay Price(P). This is signified by a Supply Curve(S) and a Demand curve(D)..... your equilibrium(E) is where generally people settle on valuing a given quantity of a good at a certain price... where I am at a quarter pound will go for roughly $1200 and that is considered equilibrium you may find some a little higher or a little lower but that is about where it sticks.
Will the shift in Quantity demanded exceed the new supply? I very much doubt that... yes there will be new smokers out there however if your opening up the gates of regulation corporate entities will become involved and mass produce weed and drive prices down.
I'll show you how this happens on a graph.
Right now you have a rough price that a given quality marijuana sells for for a given quantity in your area. This is designated by the supply & demand curves. The supply curve simply states that for a very low price there are few producers willing to do the work for that low price. As the price goes up producers are willing to grow more and more weed. The demand curve is slanting down which means for a high price few people are willing to pay that price but as price goes down people are willing to buy more and more weed.
What happens when you introduce lessened forms of regulation? Now there becomes an influx of new Suppliers which creates a totally new Supply curve and it is shifted outward. However, it also means people are able to smoke w/o med cards legally so there will be a new demand curve also. The problem is the new amount of suppliers will exceed the new amount of people demanding. So supply curve is shifted more than the demand curve and the price is driven from Equilibrium 1 to Equilibrium 2.
Hope you all understood this. I hold a bachelors in economics and part of the way through my master's so if you have any questions feel free to ask. Thanks.
-potlike
MrStickyScissors
Well-Known Member
well stop buying your weed from the clinic and getting raped. I would slap the shit out of sumone if they tryed to sell me a zip for 400 no bullshit
MrStickyScissors
Well-Known Member
there sure are alot of people that pick up bomb in mendo me an 2 other friends would pick 20 pounds up at a time for 2300 a pound and sell it right here where were at for 300 a zip. I get what your saying FDD theres allways going to be a demand for bomb ass weed. and the clubs and corporations are going to continue to sell it for a grip. why wouldnt they?
Dinosaur Bone
Active Member
People tend to pay the most for what is least available.
Also legalization causes some problems as well for outdoor growers... how do they keep their plant from getting pollinated when it's being grown every where?
That sounds like Hyper-regulation to me... do you really want MORE hyper-regulation???
If Congresss and the DEA had common sense, and wasn't in anal-cranal loopback .... they would Legalize Industrial Hemp stricktly for the purpose of pollinating your ladies. Thousands of acres of industrial Hemp near you... approx 1 million plants per acre and approx 500,000 of those male... Not to mention anti-marijuana people growing an ALL MALE crop [yes, actually weeding out the females] just to fuck 'potheads' over. Even indoors you would need HEPA filtration on your intake air.
Budsmoker187
Well-Known Member
did you have to obtain an EIN/tax id number in order to do what you do?
LarryTheStoner
Well-Known Member
wow, i left for a few days and did not expect to get this much feed back. thank you so much for all the useful information guys.
fdd2blk, so you think the current price of bud will stay the same for the next 5-10 years? Im not as concerned with the medical market as i am with the black market (if you can truly separate the two)
I just dont want to get settled into my new 4000 watt grow and see pounds of weed drop from 3500 to 1000. Im not convinced this will happen but im looking at it as a valid concern. keep in mind the amount of progression this community has seen in the past 5-10 years. a lot has changed.
fdd2blk, so you think the current price of bud will stay the same for the next 5-10 years? Im not as concerned with the medical market as i am with the black market (if you can truly separate the two)
I just dont want to get settled into my new 4000 watt grow and see pounds of weed drop from 3500 to 1000. Im not convinced this will happen but im looking at it as a valid concern. keep in mind the amount of progression this community has seen in the past 5-10 years. a lot has changed.
10 years ago i was sitting in a carls JR parking lot waiting for "my dude" to drop me off a 50 dollar 1/8th. this was after 3 days of phone calls and running around.
today i can jump in my car and be at 4 different clubs within 10 mins. the 1/8ths are 60 dollars.
same quality bud.
that's about all i know about that.
today i can jump in my car and be at 4 different clubs within 10 mins. the 1/8ths are 60 dollars.
same quality bud.
that's about all i know about that.
LarryTheStoner
Well-Known Member
Thanks a lot for the info. I have read so much of your stuff on RIU its great to have someone being so active and helpful.
ps im a newb on the website how do i subscribe to threads?
ps im a newb on the website how do i subscribe to threads?
JustAnotherFriedDay
Well-Known Member
Except the quality wouldn't drop. It's not like additional "resources" will help you grow better quality marijuana. They will just sell at as high of price as they can get away with. And they can get away with ANYTHING because an outdoor marijuana grow costs virtually NOTHING. Eventually the supply will be so large the only way to gain profits (remember, MJ growing is almost all profit) will be to sell cheap. People will buy lots of the over supplied marijuana and start moving it out to the rest of the country where street profits are still high. The only problem with trying to TAX buyers of cannabis is that their is SO LITTLE DEMAND for cannabis in Cali. If everyone is growing their own, no one will be buying any. The only way to make money would be to have everyone who wants to grow MJ in their own home register. Then all registered growers would pay a tax.I think what Poplars is trying to say is that there isn't brands of pot yet..example..
BudBomb USA decides to sell it's OZs for $400, said brand happens to be one of the first brands to sell reefer..
MariMyJuana sees BudBombs prices, and somehow, decides they can sell there OZ for $350.
BudBomb is losing business, they must sell cheaper. Somehow, through differant quality or w/e it may be, they decide to start selling for $325
MariMyJuana starts losing business, and how ever they decide to do it, they can start selling for $315
PuffaDaReefer comes along, selling for $310.
And so on. Unfortunatly the prices decrease, along with quality. If quality drops to much they lose business, no matter the price. If quality stays the same, then prices can only drop so much.
Thats just my take, don't shoot me
Because with as much supply as there is in Cali right now, people certainly aren't going to be going to stores and such to buy it when they are "legal" to grow their own in 5x5. Really now. The government would make NOTHING off of MJ sales tax. UNLESS the stores sold the weed for very low prices, THEN people may consider buying it over growing it. Ahah, we are onto something here. The only way people will buy it from the stores is if stores have VERY CHEAP PRICES.
I agree with Poplars the prices will decrease if it were legal. I agree with FDD that the demand for purchasing weed will decrease if it were legal as well. The supply would be too much and the government wouldn't make any SALES TAX (again maybe they would do a cultivation tax).
But then again, isn't that the goal of the entire movement? To have an abundance of weed to the point where it is of no financial value and everyone is free to grow and smoke as they please?
Yes, it is the easy life making money off growing weed.
But I would MUCH rather have legal cultivation for EVERYONE than abuse my medical recommendation to make mad profits off of my own medicine. It is quite obvious why growers don't want it to pass.
I want to grow my own weed so I can A) consume as much of it as I want whenever I want (not worrying about having a small bag)... B) not spend money on weed so I can save more money and C) to grow my own strains
Extra weight which I would bank in profit off of is just a very nice perk that comes with a MMJ rec. I would rather see the world showered in weed and legal than be that mmj grower who (in present time) is making 4g a lb after just chopping 10lbs.... Yeah real hard life you got there. Not saying I wouldn't do it if I had the chance, I am just saying I would prefer legal cultivation across the board. AKA, a very small demand for weed (well, very very high demand, but in comparison to the supply) in comparison to the supply.
poplars
Well-Known Member
OMG
days later you post this like we're still wrong?
I'm done buddy, you'll see for yourself one day.
I mean no matter WHAT we say you stil don't get it.
you're definitely one of those people who truly WONT believe it no matter HOW much convincing we do until reality SLAPS you in the face.
there is nothing to "get". i am talking today's reality, you are trying to predict the future.
i lay out reality and you deny it. what, am i lying?
OMG, you really love me.
do you really say "oh my god" in real life? i bet you do.
poplars
Well-Known Member
hehe nah I don't say that in person but nice imagination 
I'm not predicting the future, I"m telling you how the system will work, we're not in the same system as we will be when it is fully legalized and regulated it.
you keep talking about todays system as if it says something about the legalized system, this is simply not the case.
^^^ straight out of the prophet POPLARS! LOLOLOL
YEAH WITH SIMPLE ECONOMIC CONCEPTS I PREDICT THE FUTURE!!!! all bow down and worship theee
I'm not predicting the future, I"m telling you how the system will work, we're not in the same system as we will be when it is fully legalized and regulated it.
you keep talking about todays system as if it says something about the legalized system, this is simply not the case.
^^^ straight out of the prophet POPLARS! LOLOLOL
YEAH WITH SIMPLE ECONOMIC CONCEPTS I PREDICT THE FUTURE!!!! all bow down and worship theee
hehe nah I don't say that in person but nice imagination
I'm not predicting the future, I"m telling you how the system will work, we're not in the same system as we will be when it is fully legalized and regulated it.
you keep talking about todays system as if it says something about the legalized system, this is simply not the case.
^^^ straight out of the prophet POPLARS! LOLOLOL
YEAH WITH SIMPLE ECONOMIC CONCEPTS I PREDICT THE FUTURE!!!! all bow down and worship theee
OMG, does this always work for you?
i'm not "talking about" anything. i am simply sharing TRUE facts as they happen TODAY. i have no crystal ball.
monstagonja
New Member
top grade medical marijuana in Cali has dropped north of bako in Visalia to 45$ for 4 grams all day weed prices are dropping already.. be prepared for prop 19 weed is gonna go commercial nasty and cheap...still gonna be sensamilla but the mid grade will be most abundant ie.... bud light, budwieiser ect...higher quality bud is gonna be like "micro breweriers" local so I hope you guys have a good friend in your local govt if you wanna grow good as in grow BIG, if u live in Cali....Has anyone thought of what its gonna cost to run an indoor grow when weed prices drop.. your gonna pay out of your money to smoke your crop ha ha.. fuck PG&E they have the highest rate in the US...(well thats just relavant to me or certain people in California). Its gonna pass if not my set up is ready all i need to do is flip the switch..and watch my bitches grow...