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Plummeting Marijuana Prices for Growers

EsterEssence

Well-known member
Veteran
If you aren't harvesting off a ladder.
 

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SooperSmurph

Everyone will be worried about falling prices soon enough. This is just a foolish way to look at the issue. Production of cannabis is skyrocketing but demand isn't following the same trends.
Not so sure about this.

I thought supply would outpace demand this summer / fall, but thus far people are screaming for as much product as we can harvest, there may be an increase in supply, but demand has increased as well, at least here in CO.
 

Sam_Skunkman

"RESIN BREEDER"
Moderator
Veteran
Not enough herb?
The reason is because of Cannabis Osmosis.
Cannabis Osmosis is the simple law of nature that anyplace that has a Cannabis glut will somehow get the Cannabis to places that need it.
In other words places that do not grow or have enough.
If Cannabis is legal on the Federal level all areas will have enough and prices will reflect the work involved not the illegality. So more like tobacco or culinary herbs, a lot, lot, cheaper then today.
-SamS
 

GreenintheThumb

fuck the ticket, bought the ride
Veteran
Not so sure about this.

I thought supply would outpace demand this summer / fall, but thus far people are screaming for as much product as we can harvest, there may be an increase in supply, but demand has increased as well, at least here in CO.

Talk to me in two years. Everyone is now setting up their greenhouse side. We have 50,000 sq ft; RiverRock has 100,000 sq ft, my friends are now setting up 200,000 sq ft. And don't forget about VIP who are setting up 32 greenhouses on their 800 acres, and that's for their first year. All this cheap outdoor hasn't hit the market yet but rest assured it's coming. What is VIP going to do when they can't sell all their stuff even at $100 a zip? They'll blow it out at a lower price. The indoor price battle has been taking place for what two years here? And it went from $40 eighths to $15. Expect the same thing all over again for outdoor/glasshouse stuff.
 

theJointedOne

Active member
Veteran
I sure hope so...theres alot of talk about the ASA and CannBe (financed by harborside) that are making major moves to try and monopolize "legal" production in california....their main weapon is restrictive land permitting, basically using municipal land codes to ban cultivation in certain areas. how they deal with the huge AG scene in the central and north parts of the state is still a mystery to me...in CO just the licensing and security costs to enter the legalized market cost upwards of 100K, with strict background checks and residency requirements. they are "thinning" the herd of eligible people...colorados total population is 5million and their markets estimated to be worth 1 billion a year...so CA with our almost 40 million people can arguably be worth 8-10 billion a year and that kind of $$ is definately going to bring out the suits to fight for it and try to keep as much for themselves..

they arent gonna just let every farmer with 100 acres convert their food crops to cannabis, that would fuck up the food market and flood the cannabis market...can you imagine if every nut, olive, strawberry, grape farmer decided to go green rush and ripped up their orchards to grow cannabis.. this will impact the supply and price of regular food crops...i definately see some kind of regulation written in the bill that will prevent this from happening. only certain properties will be eligible for "legal" growing.

shit even in prop19 they were trying to ban home cultivation over a certain amount...fuckin pisses me off the suits and those with millions in their pockets trying to hijack this industry.....CA looks like its gonna be a black market for a while supplying the non med states. prices will just crash lower and lower every year and many folks will get pushed out.


already county ordinances favor the deeper pockets....for example in butte county if you have 40 acres you can grow 99, but if you have less than .5 you cant even grow a plant in your backyard...shit like that. im not complaining too hard because im allowed 66 on my plot of land, but these damn ordinances seem to be changing every year and never know when we will go the way of lake or kern county and just outright ban on OD cultivation.

yea i agree completely
 

theJointedOne

Active member
Veteran
Talk to me in two years. Everyone is now setting up their greenhouse side. We have 50,000 sq ft; RiverRock has 100,000 sq ft, my friends are now setting up 200,000 sq ft. And don't forget about VIP who are setting up 32 greenhouses on their 800 acres, and that's for their first year. All this cheap outdoor hasn't hit the market yet but rest assured it's coming. What is VIP going to do when they can't sell all their stuff even at $100 a zip? They'll blow it out at a lower price. The indoor price battle has been taking place for what two years here? And it went from $40 eighths to $15. Expect the same thing all over again for outdoor/glasshouse stuff.

i agree, but you see that the quality of outdoor in CO ,and anywhere else where BIG production is about to or has started to take place, is going to take a few years to really develop into a high grade mersh outdoor market as we have it here in CA and OR. Al ot of folks think outdoor growing is easy, and it is, but to make high grade outdoor does take some time to learn, so i expect that the true surge of outdoor from CO and other new med /legal states is a few seasons awayy.

I can only imagine the ammount of dep thats being funded for 2014...
 

Yes4Prop215

Active member
Veteran
the thing about river rock and all the mega CO shops is that at least their wares have to stay in state for now...im sure most wont risk pushing it out of state for fear of losing their lucrative licenses.

now...if there is some kind of change coming soon where CO can push its OD and GH herb to other new med markets like IL, NJ, MA, etc that would change things pretty drastically, but those markets are setting up their own legal supplies so im not sure if this is really happening.

seems like most states going med right now are keeping it pretty strict and mostly in-house and strict regulation to keep it from flowing into non med states. also the guidelines for getting a med card in a state like IL for example, are pretty strict, its not as liberal as CA or CO where you can get a med card for backpain or depression, the IL list shows serious stuff like cancer, aids, MS, chrons, etc. your average 18-24 year old college aged party crowd wont have true access to state legal herb, and wont be able to legally grow their own either due to the new regulations. this means states like CA, OR, WA, and CO and their mass amounts of black market growers will still have to import into these states to truely meet demand.

what a crazy market we are headed into, was with a few grower friends today in norcal talking for 5 hours straight speculating about what kind of market CA will be in two years, drawing on examples from CO and seeing how the CA med market has changed in the last few years as well. what moves certain folks make in the next few years will be very important in dictating who will be left standing when the dust settles from CA legalization, which BTW is being introduced onto the 2014 ballot.
 

Hash Zeppelin

Ski Bum Rodeo Clown
Premium user
ICMag Donor
Veteran
i agree, but you see that the quality of outdoor in CO ,and anywhere else where BIG production is about to or has started to take place, is going to take a few years to really develop into a high grade mersh outdoor market as we have it here in CA and OR. Al ot of folks think outdoor growing is easy, and it is, but to make high grade outdoor does take some time to learn, so i expect that the true surge of outdoor from CO and other new med /legal states is a few seasons awayy.

I can only imagine the ammount of dep thats being funded for 2014...

some of these light dep guys are really getting their shit dialed in nice here in cali. I just picked up a bunch of OG light dep last week. I put it next to some indoor OG I got for slightly more cash the previous week. The light dep is better. It smells, looks and tastes better than the indoor. Hats off to the light dep guys. :tiphat:

the thing about river rock and all the mega CO shops is that at least their wares have to stay in state for now...im sure most wont risk pushing it out of state for fear of losing their lucrative licenses.

now...if there is some kind of change coming soon where CO can push its OD and GH herb to other new med markets like IL, NJ, MA, etc that would change things pretty drastically, but those markets are setting up their own legal supplies so im not sure if this is really happening.

seems like most states going med right now are keeping it pretty strict and mostly in-house and strict regulation to keep it from flowing into non med states. also the guidelines for getting a med card in a state like IL for example, are pretty strict, its not as liberal as CA or CO where you can get a med card for backpain or depression, the IL list shows serious stuff like cancer, aids, MS, chrons, etc. your average 18-24 year old college aged party crowd wont have true access to state legal herb, and wont be able to legally grow their own either due to the new regulations. this means states like CA, OR, WA, and CO and their mass amounts of black market growers will still have to import into these states to truely meet demand.

what a crazy market we are headed into, was with a few grower friends today in norcal talking for 5 hours straight speculating about what kind of market CA will be in two years, drawing on examples from CO and seeing how the CA med market has changed in the last few years as well. what moves certain folks make in the next few years will be very important in dictating who will be left standing when the dust settles from CA legalization, which BTW is being introduced onto the 2014 ballot.

This will be interesting, I know some folks in the south get awesome Colorado bud quite a bit. I wonder how long that will last, and if it is maintainable? I think some of the people with licences have been committing federal felonies long enough to where it no longer phases them no matter what market they are in or what licences they paid for. They started stealth, and many would be happy to go back to stealth because of things like mandatory cameras in the grow rooms.

I am still a huge proponent of the ICMAG growers union. Unite thousands of us to form a large company to rival corporations like phillip morris. Demand high quality nugs, and set that as the standard. No addictive chemicals will be added by us, so we may have a hard time keeping up with phillip morris. However, if the shit hits the fan and prices drop drastically, at least we would all be viable in the market and not have to work at burger king. :D
 
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floralheart

Active member
Veteran
As availability increases, and corespondingly prices decrease, consumption increases.

exactly. plus you're going to see a generational bump in the number of users, because the next generation has grown up with medical marijuana culture instead of anti-drug propaganda, and now recreational marijuana use is spreading in America.

Starting out, these kids don't know jack about growing pot. At least not MOST 18 year olds. A few I grew up with did. But it was like 4 or 5 out of 150. They want quality, and they'll pay for it. They want something unique and they'll pay for it. They want to try it all and they'll pay for it. Many of us here did.

It'll become legal in more states and there will be less closet smokers and more recreational smokers, as soon as social clubs are allowed and wide-spread - so you're just going to have a LOT more smokers and people smoking cannabis instead of tobacco.

Hookah bars are on the rise, recreational marijuana shops are on the rise, so the alternative smoking culture is alive and well. The same headshops that have been around for 30 years are still there.

I see only good for those who innovate.

Grow good product, keep your licenses straight and have no fear.

Sure the prices might drop, but hey, $2,500 for a lb. of exotic dried herbs isn't a bad deal. If you can get that legal and from a greenhouse, I don't see how anyone could complain. But that's just me.
 

oldchuck

Active member
Veteran
I just bought 5 pounds of primo tobacco leaf for about $100. Suppose that was what you could get for your primo weed before local, state, and federal taxes and the delicate attention of corporate packaging and marketing?
 
I just bought 5 pounds of primo tobacco leaf for about $100. Suppose that was what you could get for your primo weed before local, state, and federal taxes and the delicate attention of corporate packaging and marketing?


That would never happen the seller would just be shooting themselves in the foot...maybe some bricked bud you can get that cheap. I se your point though
 

farmerlion

Microbial Repositories
Premium user
Mentor
Veteran
420club
Lets remember one thing. This is medical mmj market. Not selling to the world in the black market. People growing on public lands, trespassing, poaching, stealing water and power then leaving their mess. Hauling their weed to dispensaries, blowing it out so they can make a buck. The dispensaries make a short term buck also. Patients are supporting people who are doing it all wrong trying to feel better. Dispensaries you hold the cards! Stop buying weed from cartels. Your quality sucks when you do. So you won't own a jet in six months...BOO HOO.. You could still be growing and selling weed legally in twenty years if you do it honestly. Oh yah, the quality of the meds you have provided will be worth top dollar. The more states that pass laws for med patients. The more growers we will have. Keep trying to break the rules and stick it up everybody's ass. The GOVERNMENT can change the laws back to what they used to be. We don't need that.
 

Arthritis_sucks

The Dude
Veteran
Lets remember one thing. This is medical mmj market. Not selling to the world in the black market. People growing on public lands, trespassing, poaching, stealing water and power then leaving their mess. Hauling their weed to dispensaries, blowing it out so they can make a buck. The dispensaries make a short term buck also. Patients are supporting people who are doing it all wrong trying to feel better. Dispensaries you hold the cards! Stop buying weed from cartels. Your quality sucks when you do. So you won't own a jet in six months...BOO HOO.. You could still be growing and selling weed legally in twenty years if you do it honestly. Oh yah, the quality of the meds you have provided will be worth top dollar. The more states that pass laws for med patients. The more growers we will have. Keep trying to break the rules and stick it up everybody's ass. The GOVERNMENT can change the laws back to what they used to be. We don't need that.
Your a lil outta touch with reality if you think cartels are selling to dispos.

Lmfao......needed a good laugh.
 

Sam_Skunkman

"RESIN BREEDER"
Moderator
Veteran
People seem to have zero idea how cheap it is to grow Cannabis in a greenhouse or outdoors. I think because they are not commercial farmers and have no experience. But if you check out organic vegetables or flowers greenhouse grown you will see it is not hundreds or thousands of dollars a pound even for dried organic herbs. Cannabis can be grown for maybe as cheap as 10 cents a gram dry not including taxes in a greenhouse, If you live where you need lights and heat the cost goes up, if you use bio-controls the cost go up a bit, if you want a very high tech greenhouse the cost go up, if you want to manicure the herb that is the biggest cost. Still it is not expensive at all.
All in all any experienced organic greenhouse grower growing vegetables could produce herb for a fraction of todays price, and when legal they will.
Profession greenhouse farmers measure costs in penny's per square foot, you do not want to compete with these farmers, they are real farmers not like most of us.
And then there are outdoor farmers that if the weather cooperates can do it for half that price.
In the future farmers will buy or maybe produce virus free starts, like the wine industry does it. Grow them out, and sell them off, unless they want to make hashish or another Cannabis product.
Growing commercial organic tomatoes in a big green house costs about 75 cents a pound more if in Alaska in the winter, but it is not a thousand dollars+ a pound.
Soon Cannabis will be legal, I am sure they will have all kinds of regulations and taxes but I bet you can grow your own if you do not sell it, that is what I want.
I want everyone to be able to use Cannabis if they wish or need it.
I do not support high prices so a few can profit from the illegality.
It is the chase of the money that creates most of the problems with Cannabis, I understand why but I am tired of waiting for full legalization, I want herb free!
-SamS
 

quitelost

Active member
Cannabis is not any old plant it is a plant that has been bred for centuries untill it's flowers developed into the "buds" we know, which are dried, cured and smoked, not exacty the same as producing lettuce or tomatos(even if tomatos have similar nute requirements). There are herbs, saffron comes to mind, that command a very high price and some top grade rare organic vegetables sell for hundreds a pound in wet weight. In the wine, beer and tobacco markets, all processed drugs like cannabis, there is colt 45 and microbrew, boxed cheap cali wine and top grade la rioja, black and milds and montecristo cuban cigars. I think the idea that prices will stay at the current black market rate is unrealistic and unfair to consumers but its presumtous for anyone, including people with much experience, to call where the market will be 5 or 10 years from now.
 

Sam_Skunkman

"RESIN BREEDER"
Moderator
Veteran
True, true, but when I predicted 10 years ago that prices would fall in production areas I was basically laughed at, the most common response was my herb is so good even when others can't get top dollar I will. Now they don't.
Non farmers have no idea. It is about supply and demand.
What top grade organic vegetables sell for hundreds a pound wet weight?
I know saffron can be $1000 a pound but it is not a vegetable.
I thought hops tips were the most expensive vegetable, at 25 cents a gram or about $100 a pound...
I like them.
-SamS
 
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quitelost

Active member
Saw a documentary with a segment on a man who sold rare peas for 100s of euros a kilo to gormet resturants, he also had other rare organic vegies that sold for shocking prices. I have personally seen herbs, vegetables at farmers markets and in stores sold fresh at prices that would put them close to or above 100 a pound in dry weight. Even though hops tips are genetically and phisically similar to cannabis they are not a processed drug like cured cannabis flowers.
 

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