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| Forums > IC Magazine > Cannabis Business Network > Cannabis Business News > Plummeting Marijuana Prices for Growers | ||
| Plummeting Marijuana Prices for Growers | Thread Tools |
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#31 | |
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Member
Join Date: May 2011
Posts: 887
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If you can grow as much as you can outdoor, that weed should be dirt cheap. You only have the cost of the seeds/cuts, soil, nutrients and the manhours to manicure it. Indoors takes more work and costs more but how much does it cost to produce a gram, like a quarter $? If I compare that profit to regular farmers growing food crops... They sometimes only profit because they're so heavily subsidized by the government! It's just a fact, the more legal our hobby becomes, the less profitable at the same time. The amount of risk is the main factor in price, look at the countries where weed is most expensive, there you get prison for sure or even death penalties. |
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#32 |
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Banned
Join Date: Feb 2006
Location: gilligans island
Posts: 13,142
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adapt or perish.
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#33 |
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Let's Get Small!
Join Date: Jan 2004
Posts: 5,456
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Well this year is turning out GREAT, weatherwise for outdoor gardens in NorCal.
Looks like nice weather will continue until the end of the month, meaning no early harvest, things will ripen to the max. Expect the market to be FLOODED with great weed, at better prices than ever seen in Cali (for outdoor). I don't know why anyone would want indoor this season...
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"America's freedom lies in cannabis." - feltonmuggs "Prohibition is the gateway to fascism." - Treewizard |
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2 members found this post helpful. |
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#34 | |
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Let's Get Small!
Join Date: Jan 2004
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It's the big growers who will suffer this year as prices drop yet again for outdoor. At some point the risk outweighs the benefits, but I don't think we've reached that point yet. This only applies to Cali. I'm not sure what the situation is elsewhere.
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"America's freedom lies in cannabis." - feltonmuggs "Prohibition is the gateway to fascism." - Treewizard |
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3 members found this post helpful. |
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#35 | ||
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Join Date: May 2009
Location: The Left Coast
Posts: 889
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2 members found this post helpful. |
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#36 |
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Banned
Join Date: Feb 2006
Location: gilligans island
Posts: 13,142
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if you want cheap weed then grow it yourself. works well for me
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#37 |
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Guest
Posts: n/a
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17 dollars/g in not so sunny england .it has rained here more this year than it has for over 100 years, so i have been told !
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#38 |
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Let's Get Small!
Join Date: Jan 2004
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The feds don't bother if it's under 100 plants.
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"America's freedom lies in cannabis." - feltonmuggs "Prohibition is the gateway to fascism." - Treewizard |
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#39 | |
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Senior Member
Join Date: Dec 2008
Location: In the hills mang....i DEEED it...
Posts: 10,100
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i would estimate it costs aroudn 3-500 to produce a LB of outdoor and up to 800-1200 to produce indoor....dependant on several factors, im talking top of the line stuff.....and factoring in the costs of land, mortgage, rent, power, etc...land isnt free to grow on unless you are doing guerilla, and guerilla quality sucks... when its still illegal, you can still go to jail, still get ripped, and still have to sacrifice quality of life (living on a mountain all summer growing pot) you are going to milk it for every penny you can....weed will not be dirt cheap until its truely legal and big pharma and big AG are growing millions of LBs in the central valley...then prices will fall in line somewhere around 20 an 8th, 100 a zip, 800-1k a LB for good outdoor bud....by your logic, shouldnt alcohol and other goods be "dirt cheap" since they are legal? NOPE, the industries will milk it for what its worth, it was also be taxed to hell and that will be factored into price. outdoors in CA have been falling in price every year....in 2008 you could still get 2500-3 an LB for good OD, then in 2010 it was 2k all day, and in 2011 it fell to 15-16.....this year 2012-13 we are probably gonna see 14-15.....the market is just way too flooded right now. on top of the emerald triangle you have the 530 producing tons..you also have central valley and even southern cali outdoor growers stepping up production, you have CO producing a bunch of OD too....as well as maine, michigan all producing their own outdoor crops albiet not as large... indoors are getting cheaper and cheaper as well...they will fall in line with canada prices soon, around 2k a LB is what im guessing...only true connoisseur stuff will fetch the high price.. quality will fall as more and more people focus on quantity to make up for their profit margins......only a handful of growers will sacrifice profits to focus on boutique high grade herb... wish i could have started growing in 1996 and i would be retired by now and could just grow for personal use instead of paying bills... Last edited by Yes4Prop215; 10-16-2012 at 07:00 PM.. |
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5 members found this post helpful. |
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#40 |
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Senior Member
Join Date: Dec 2008
Location: In the hills mang....i DEEED it...
Posts: 10,100
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not true.....plenty of farms in norcal were raided this year that were below the 100 plant count...some farms only had 20-30 plants...check the norcal intel thread for specifics..
even if you only grow 6 outdoor plants and get 2 pounds per plant...you are sitting on 12 lb = illegal... when you go to sell 1lb to a broker or even a dispensary its technically illegal...since you are only allowed 1/2 per script... in the eyes of the feds its all illegal...even if you are filling out tax forms and paying taxes on your profits (which no ones does...again = illegal) its pretty much still illegal in my eyes....drive around norcal with a LB in your trunk and get pulled over by the cops you are gonna be facing charges... |
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3 members found this post helpful. |
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