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| Forums > IC Magazine > USA Cannabis Scene: State By State > California > Wholesale pot prices plummet. Now there starting to get better | ||
| Wholesale pot prices plummet. Now there starting to get better | Thread Tools |
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#5411 |
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Member
Join Date: Sep 2016
Posts: 444
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Thats almost as bad as the berry flavored additives for indoor growers. Lol.
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#5412 |
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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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Well my yearly report from the wholesale black market...
2017 was the crash of all crashes... in June and July I was still getting 14-1500 for my best greenhouse OGs, Zkittlez, Cookies and other hype strains. Blue dream was still 12 for the box, offbrand greenbud or midgrade was 1000 minimum, the only stuff at 800 was old gear or moldy boof. This winter prices have crashed to the lowest levels i have ever seen, both in source states AND in illegal states. Now in 2017, a California blue dream box is worth 800 a pop if youre lucky. Almost every northern California region has good quality outdoor for as low as 600 and up to 1000. Most big time brokers are paying 8-900 for big orders of quality OGs, etc. Blue Dream and off brands are down at 7-800. Popcorn, midsy quality, and bad trim or slight PM is in the 500-600 range. Last years outdoors are as cheap as 3-400 and are basically the new brickpack. There is still ALOT of old 2016 and 2017 summer crops left that are clogging up the pipeline. I have bought many high quality outdoor packs off my neighbors and homies desperate for trim money for as low as 6-800 for stuff that I would charge 1k personally for. and have =) For my nicest greenhouse and exotic sungrown strains such as Grape Pie x Thin Mint from cannarado, seedjunky gear, various cookie hybrids, forbidden fruit, and purple punch were able to fetch 12-1400 from my trimmers who sniped the best strains for themselves to send home. My bulk orders are at 1k flat for BD and other bulk strains, but my BD always comes out pretty good, is hand trimmed, stinky, mold free, and good turkey bag appeal. I pretty much took 1k on everything just to clear house and move on. I can still move good light dep cookies, sherbert, gelato at 1-1200 locally but the demand just isn't that strong for anything over 1k. Personally, I had to take 800 for my first time EVER on some of my lesser appealing units. Bland seed phenos with no gas, stuff that was larfy, stuff that was too dense, basically anything that looked like old school outdoor (basic green bud, minimal nose, obvious outdoor look) was 800. I have found that running "hype" breeder gear helps sell it better, my buyers can put my herb on weedmaps as "Cannarado's Grape Pie" and it moves quicker than stuff without breeder branding. Anything purple tinted, cookie, or gassy can fetch 12 with the hype name attached to it. AND then theres Oregon. They overproduced in their rec market by 1million LBs this year. Most Oregon farmers are getting 3-500 on the OLCC rec market. The med market crashed too and Oregon boof is ending up in east coast cities in bulk for 1-1200 which is totally fucking the market up. I have messages from desperate Oregon farmers begging cali brokers to drive up and pay 800 for their best of best. But no one wants to make that drive when norcal has the same tickets.Out of state wholesalers are now catching fire units for 15-2k a pop. If they aren't getting deps from CA shipped in at 16, they are catching boof commercial indoor from WA or CO at the same price. A ton of my friends also pre-sold their outdoor to extractors for sauce this year. A frozen LB of deleafed nugs (usually 2200grams) were being bought by extractors for 1-1500 depending on strain. No trim bill, but then most of them had to wait months to get their money or product back. But sauce definitely was a good move since it still wholesales for 30-50 a gram in CA. FOR INDOOR Indoor crashed as well, in July I sold all my indoor Glue, Purple punch for 2k on the dot, whole room sale. The market for indoor in CA was already hurting from the summer dep wave, so 18-22 was pretty standard for OG and Glue, 24-25 for dosidos, gelato, etc. But now this winter, indoor OG. glue and cookies in bulk orders as low as 14-1600 for good quality in the 20-50 pack range. Guys are just so desperate to unload big orders to people with cash, ive been seeing ALOT of indoor growers from small 8 light guys to 100 light guys taking 15-16 on their indoors and being happy. I know that Oakland Asian warehouse growers are selling their PGR boosted cookies and kush for 12-14 and it looks pretty good, just cancerous lol. The exotic market is still there, but rare. Certain California farmers with goodbrands (alien labs, jungle boys, ICmags very own lump status) are rumored to still be getting 3-3600 IN CALIFORNIA for their product, all destined for shelf. Some friends of mine were able to get 2-24 for their indoor to the guys putting bud into tuna cans for dispensaries for strains like mendo breath, purple punch, cherry pie (ex-elite strains now commonly available) It all comes down to branding now, and licensing to get high prices in CA. Now in order to get the high ticket 3k for indoor in CA, you need a strong IG brand, rare genetics, and a license to operate in your locality to get the state permit to allow sales to dispensaries. Pretty much EVERYONE else is forced back to the black market to sell their gear if you don't have licensing. This means that the broker is all more important than ever, and its complicated by the fact that the feds have been actively taking out shippers and east coast brokers with sessions in charge. I have heard of countless shipments gone missing, raids, robberies, break ins, and all sorts of crime this year from all over Norcal, people are desperate as fuck and a backyard garden barely pays the bills these days. Gone are the luxury purchases, off season vacations, etc. Personally this year as soon as my crops were done I bought another 500 clones and I'm already vegging for an early spring replant in the greenhouses, no time for slacking. Very depressing market overall, hopefully the nation can consume all this midgrade boof quick and then our spring deps will come back to 12-1500 but one can dream. |
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18 members found this post helpful. |
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#5413 |
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Senior Member
Join Date: Oct 2016
Posts: 8,761
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that must really suck ass to be a grower out there ... and some wind too!
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2 members found this post helpful. |
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#5414 |
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Member
Join Date: Feb 2012
Posts: 60
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In Canada right now 1300 for aaa indoor wholesale og and bubba ( we don’t have hyped up strains )
1200 for blue dream and it’s doesn’t even move that fast it will get worst in July when they legalize.... |
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#5415 |
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Member
Join Date: Sep 2016
Posts: 444
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It sure aint like it used to be. Thats all I know.
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#5416 |
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Member
Join Date: Aug 2017
Posts: 81
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I live in Florida 6 months ago i could of sold a bag of dog shit for 2k now im hoping to get 15 for good not the greatest but GOOD weed. N it moves slow like i have to force feed people to take it.
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#5417 |
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Member
Join Date: Apr 2014
Posts: 853
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Lol wait till next year.....go big or go home. I wonder how low the price will go at the end of 2023 after the infinite farm models take hold
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#5418 |
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Member
Join Date: Feb 2009
Posts: 170
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Maybe these massive cancerous wharehouse growers will start to cave due to overhead and we can get back to what reefer is really about, passion....
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Urb Company Maine Tea Growers |
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1 members found this post helpful. |
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#5419 | |
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Member
Join Date: Nov 2015
Posts: 999
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Quote:
Passion's alive in my grow room, but no bucks in the picture. |
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3 members found this post helpful. |
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#5420 |
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Member
Join Date: Sep 2016
Posts: 444
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Everything I posted on 3 different forums for the last 2 years about the future of the industry is playing exactly like I said it would and people told me I was nuts. Refusal to accept inevitable situations is typical grower reaction. And how I said the "craft grown" model and idea was delusional at best. Only so many ways you can differentiate your product from the rest of the pack. Big ops are taking over. Were all going to not be growing for profit (if you are now) very much longer. Its a gradual thing though. Every year prices fall. People struggle with the whole dealy and more and more growers just giving it up. And its going to continue on this trajectory. Big ag will take over. The entire countrys weed consumption can be grown on around 10,000 acres. The average conventional ag crop farm is 1,000. So around 10 nice sized farms can supply damn near all of it. Your super quality can be grown and processed in a handful of state of the art greenhouses.facilities. Indoor (under ANY artificial light) will be too costly to produce. Becoming that way now. The hobby hydroponics indoor equipment industry will take a massive hit. Your seeing the tail end of peak growth in that sector now. Many industry insiders see the writing on the wall and are cashing out. The entire model and idea of a basement packed with grow lights is irrelevant. A dead or dying paradigm. The forum know it alls are not the average joe pot head. Most just want decent bud as cheap as possible. And once big Ag steps in...game over.
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3 members found this post helpful. |
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