How will legalization affect price?

[SoCaliSmoker]

We have to look at two important factors here: Profit and the Economic Recession.

From this past winter, this was the first year I've seen as much garbage as you can possibly see come from up North (I was in San Fran in December visiting a few dispensaries and buddies of mine) and it's accreditted to the number of people who are now growing because Marijuana has become "a little more" legit than what it used to be. It's still not 100% legal but that's a whole nother story...

When it's legalized on the Federal Level and BIG TABACCO plus BIG PHARMA get involved in the business, then as I mentioned above we have our two factors; Profit, and Economic Recession.

Profit means how much am I paying for overhead?

Employees
Lights
Equipment
Nutrients
Outdoor fields (property costs) or Indoor Warehouses
Etc...

Most of the above will be given to the larger corporations for wholesale cost because they're purchasing so much shit but after the harvest drops (which will be in the ridiculous numbers) then they have to look at the market value and the how much people are paying. Which falls into the Economic Recession category.

I love fire weed. My buddies love fire weed. HELL - EVERYONE LOVES FIRE WEED! LOL - But not everyone can pay for fire weed. Thats why they have $10 grams, $15 grams and all the way up to $25 grams of the killer weed.

With the abundance that the corporations will be growing in, they know that they can undercut the street dealers because of their weight, but at the same time make it reasonable for the average person. In reality, $1-$2 a gram or less. Perhaps comparing it to a pack of cigarettes for $6.18 out the door but a pack of "Marlboro Northern Lights 100's" might have 4 marijuana cigarettes in them and be sold for the same price. To customers who are 21 and up and can show a valid I.D.

At $6.00 it might not seem like a killing, but sell them in every state at millions of packs sold per day and it all adds up. The labor will be assembly line for the factories of Marijuana production (cheap labor), the costs will be low, and they can still undercut the competition. The only problem is that these big corporations will probably take our beautiful plant and put some bullshit chemicals in it to make us addicted to it like cigarettes.

Expect a SERIOUS fall in prices. To the point that NO AVERAGE grower would even want to enter this game regardless of how good their technique is because it's just not profitable anymore. You can buy cheap brandy or cognac, but companies will still make Louie The 13th for $300 a shot. Meaning that other companies will only specialize in HIGH GRADE cannabis, again, pushing the smaller guys out of business.

It's sad to say, but I don't want Marijuana to be legalized. Not for the profit side of it, but I can see the entire industry going to shit once the larger corporations get their hands on it. They'll find some way to ruin everything for us.

Legalizing Marijuana just "sounds cool" on paper....

 

[Snype]

We have to look at two important factors here: Profit and the Economic Recession.

From this past winter, this was the first year I've seen as much garbage as you can possibly see come from up North (I was in San Fran in December visiting a few dispensaries and buddies of mine) and it's accreditted to the number of people who are now growing because Marijuana has become "a little more" legit than what it used to be. It's still not 100% legal but that's a whole nother story...

When it's legalized on the Federal Level and BIG TABACCO plus BIG PHARMA get involved in the business, then as I mentioned above we have our two factors; Profit, and Economic Recession.

Profit means how much am I paying for overhead?

Employees
Lights
Equipment
Nutrients
Outdoor fields (property costs) or Indoor Warehouses
Etc...

Most of the above will be given to the larger corporations for wholesale cost because they're purchasing so much shit but after the harvest drops (which will be in the ridiculous numbers) then they have to look at the market value and the how much people are paying. Which falls into the Economic Recession category.

I love fire weed. My buddies love fire weed. HELL - EVERYONE LOVES FIRE WEED! LOL - But not everyone can pay for fire weed. Thats why they have $10 grams, $15 grams and all the way up to $25 grams of the killer weed.

With the abundance that the corporations will be growing in, they know that they can undercut the street dealers because of their weight, but at the same time make it reasonable for the average person. In reality, $1-$2 a gram or less. Perhaps comparing it to a pack of cigarettes for $6.18 out the door but a pack of "Marlboro Northern Lights 100's" might have 4 marijuana cigarettes in them and be sold for the same price. To customers who are 21 and up and can show a valid I.D.

At $6.00 it might not seem like a killing, but sell them in every state at millions of packs sold per day and it all adds up. The labor will be assembly line for the factories of Marijuana production (cheap labor), the costs will be low, and they can still undercut the competition. The only problem is that these big corporations will probably take our beautiful plant and put some bullshit chemicals in it to make us addicted to it like cigarettes.

Expect a SERIOUS fall in prices. To the point that NO AVERAGE grower would even want to enter this game regardless of how good their technique is because it's just not profitable anymore. You can buy cheap brandy or cognac, but companies will still make Louie The 13th for $300 a shot. Meaning that other companies will only specialize in HIGH GRADE cannabis, again, pushing the smaller guys out of business.

It's sad to say, but I don't want Marijuana to be legalized. Not for the profit side of it, but I can see the entire industry going to shit once the larger corporations get their hands on it. They'll find some way to ruin everything for us.

Legalizing Marijuana just "sounds cool" on paper....

This is what exactly will happen and why I also don't want it legalized.

 

[dagnabit]

This is what exactly will happen and why I also don't want it legalized.

ive been on the scene for a long time...ive been to prison for YEARS and you want that to continue?

did you hit your head?

 

[sailsinthesun]

To all of you people talking about how cali's medical prices are still quite high....this is because it's a false bubble. There's still a black market in cali, because it's not completely legalized. If it only cost $150/oz in dispensaries(what it costs to produce+make a profit) then you would have medical patients buying from them and selling on the street for $300/oz and having non-card-toting customers all day long. Just think about it.

 

[THCV]

To all of you people talking about how cali's medical prices are still quite high....this is because it's a false bubble. There's still a black market in cali, because it's not completely legalized. If it only cost $150/oz in dispensaries(what it costs to produce+make a profit) then you would have medical patients buying from them and selling on the street for $300/oz and having non-card-toting customers all day long. Just think about it.

right! and if CA makes it legal but it is still illegal in the surrounding states, which of course it will be, then it's another black-market-price-supported "false bubble". The bubble won't go away until the feds legalize it, which is at earliest Obama's 2nd term if he has one. And then, yes, Altria starts churning out schwag pre-rolls.

But pot in America is very much a culture of the bud. People like nice nugs. We aren't going to start wanting pre-rolls all of a sudden. So while many might opt for a preroll on occasion, i think most of the time, most people want buds. And huge scale production of A++ is hard enough that it might end up being like craft beer--with plenty of boutique business to go around for all of us.

 

[~fvk~]

Hey well, let the market regulate itself. Can't make as much? Grow more! I'd like to see the price come down to at least 5 dollars a gram, at wholesale. At least in my collective.

Cut out the Corporations, they only want a hand in the Tree of Liberty now, because they have no other choice. We have fought for this, while they have sat on their over-paid self serving asses, profiting from our oppression.

 

[grasspass]

Full legalization would severely drop the price. Look how much one outdoor plant produces! When I grow most herbs in my outdoor garden , like basil or oregano the plants are fairly small. Cannabis produces big time! I have a 3 acre field that I own ,if I could grow as much as I wanted outdoor without fear of rippers or leo ,one summers produce could make enough hash to last the rest of my life.

 

[OzzBozz]

who said prices in california havnt dropped? way too much garbage around and everyone undercutting themselves. its rediculous

 

[~fvk~]

It doesn't even matter anymore, it's legal.

Overgrow, 2010.

"Sow it everywhere."

 

[johnnyla]

To all of you people talking about how cali's medical prices are still quite high....this is because it's a false bubble. There's still a black market in cali, because it's not completely legalized. If it only cost $150/oz in dispensaries(what it costs to produce+make a profit) then you would have medical patients buying from them and selling on the street for $300/oz and having non-card-toting customers all day long. Just think about it.

so is this an original thought of your own or are you just parroting the reason D's have their prices so high. are you a Dispensary owner?

Hundreds of thousands of people are prescribed Oxycontin and they don't pay $40 a pill and yes, some of them sell it for $40 a pill but we still don't bankrupt the patients and treat everyone like a criminal because of a few bad apples)

"THINK ABOUT IT"

 

[facelift]

It depends on how it's used in the market place.

1. If it's treated like a commodity and opening traded like Oat and pork bellies, the price will fluctuate on a daily basis,

2. If it's treated like alcohol, the price will be effected by the amount of taxes on the product.

3. If it's treated like a pharmaceutical, the price would be effected based on the milligrams of THC.

I just can't see it happening, ever. It's always going to be a black market product at a federal level. The government screwed this up by fighting a backwards war of control rather than taking control first by making it available to the public like it is in Amsterdam. Something they were able to do with alcohol fairly recent, and tobacco a long time ago. In my opinion, it should have happened back in 1892 when hashish was all the rage.

Anyway, why worry of such things unless your "hobby" is, or is becoming, a threat to public safety?

 

[Flying Goat]

People - The MOST IMPORTANT thing is that we retain the right to grow our own...

I don't give a damn about the cost of weed, so long as I need not fear prosecution for having a few plants grown MY way, organically, to be harvested at MY preferred time, with MY favorite cure, etc.

For me, the battle is about stopping the State from sending legitimate patients (epilepsy, OCD & ADHD, chronic pain, cancer, Hep C, fibromyalgia, neurofibromatosus, Crohn's disease, ulcerative colitis, gout, spinal stenosis, degenerative disk disease, etc.) to JAIL for accessing the only fucking thing that helps them!

Keeping it illegal may be in the best interest of grower/vendors, but re-legalizing the right for a patient to grow his own medicine is CRUCIAL!

I don't want to see any more people handcuffed to their damn wheelchairs on the way into court, my friends! It's just too fucking cruel!

 

[funkervogt]

It doesn't even matter anymore, it's legal.

Overgrow, 2010.

"Sow it everywhere."

Agreed. Start making it legal through (literally) grass roots action and it will be legal.

 

[ShellyXO1124]

Prices will drop they have to otherwise the blackmarket guys will undercut everyone. Lets face facts cannabis is not worth remotely what is being charged its only the black market that creates that price same with every other illegal drug. So I think it will drop, probably enough to shock most people.

Completely agree. No matter where you are you over pay because there is a risk involved simple. Supple in demand as well, good stuff will be higher priced just like food and booze are.

 

[HydroManiac]

If cannabis is legalized than phillip morris and the gang will have the shelves full within a week.

You seriously think big tobacco doesn't have fields just waiting to be sold? They're ahead of the game I'm sure.

A bunch of people on this forum seem terrified of legalization, because it means they might have to get an education and find a real job.

That comment is so out of line so when big business starts growing are they considered to have a real job or only the growers that you have singled out do you think don't have a real job some growers have spent lot's of hours studying and trying out new methods and if you don't think that is real work then you don't know what your talking about! Myself I spend atleast 2 hours everyday reading and learning about plants and how they work what they like don't like etc etc etc.

HM

 

[Darth Fader]

Its practically legal in california already, from what I've heard (hearsay), a rec can be acquired for a headache or having a hard time sleeping.

Prices haven't dropped significantly there, yet.

Gone down from $55 caps to $45 caps at a lot of places in the last 6 months. That's an 18% drop in just 6 months.

Some places are holding on to their $60 eights. They can keep 'em. The rare places that were going up to $75 ... I couldn't tell you ... when dank can be had for $40-50.

 

[KosmoKramer]

IMO prices will increase. The demand, once legal, will increase dramatically, and supply will not be able to keep up. For some period of time at least. People will be coming from every nook and cranny to Cali to pick up large quantities while its legal to do so.

Then as stated before, the tobacco corps will jump in, not to mention the cartels will also be jumping on the bandwagon now that their once illegal product can now be legally sold.

The government (unfortunately) still has lots of work to do and will have to introduce and implement rules and regulations to keep things from becoming a free-for-all. Who can sell, who can grow. The state itself might jump in and take control and make it legal to only sell state grown product, how to tax, ect. ect.

While most if not all of us wish it legal, there are lots of technicalities that need to be addressed.

 

[Bass Akwards]

First and Foremost

First and Foremost

People - The MOST IMPORTANT thing is that we retain the right to grow our own...
I don't give a damn about the cost of weed, so long as I need not fear prosecution for having a few plants grown MY way, organically, to be harvested at MY preferred time, with MY favorite cure, etc.

Absolutely!

It should be No different than home-brewed beer or wine.

In fact, if the Supreme Courts ever applies the standards they have already set down for "science" and "personal privacy", it will be impossible to tax home-grown higher than home-brew.

Individual states will always have localized standards, and there is always the possibility that we could end up with the equivalent of the hundreds of "dry counties" and municipalities, that still exist.

I don't want to see any more people handcuffed to their damn wheelchairs on the way into court, my friends! It's just too fucking cruel!

Unfortunately, cruelty is the whole point for the Rabid Christian Nut-Bars that run the show in Oklahoma, Texas, and the rest of the South. "Punishment" is an end in itself. They really enjoy it.

 

[Bass Akwards]

The Price of Everything Else ...

The Price of Everything Else ...

We might consider for a minute the variation in the price of grow materials like ferts, "boosters", medium, and all the overpriced ancillary "stuff" that goes with indoor gardening.

The price of hydro ferts is especially certain to tank.

Outdoor materials are already at "market level" due to the huge home garden, truck farm, and landscaping industries. That includes plastic greenhouses and all the rest of it.

Prices for indoor lighting will probably take a dive when Wal-Mart and Home Depot start selling them, much less all the "affiliated" small hardware stores like "Ace" and "True Value".

Who will bother to use "odor control"?

Would you be the least bit surprised if the "aerosol air freshener" industry were to introduce weed flavored products?

"Is that real skunk on your porch Charlie, or just some spray stuff?"

 

[CaptainTrips]

I don't see how hydro ferts would "tank"... Its a huge industry not even counting MJ... Its a 100% legal market. If anything, the prices might go up do to increased demand... (not likely either, legal drugs does not increase usage) Indoor lighting is not going to tank either, as the prices are not inflated. Just look at the say the aquarium industry...