Will the cost of bud in California go up in 2018 when the new law goes into effect? - Page 2 - Cannabis Laws & Cannabis Legislation - International Cannagraphic Magazine Forums

St. Phatty · 08-17-2017, 04:43 PM

2017 is going to a Bumper Crop year.

I would wait till December 2017 - Jan. 2018 to see how prices go, before making plans for 2018 grows.

Overall industry revenues are in the ballpark of $75 Billion.

Will industry revenues increase - will people spend more $$ on Cannabis as it becomes much more widely available ?

I don't think so.

That leaves us in a situation where Total Revenues (OG/off balance sheet, and 'official') are basically static/flat.

Yet production increases MASSIVELY.

Sounds like a recipe for significant price drops to me.

Mtn. Nectar · 08-17-2017, 04:49 PM

quality reigns..........along with location/demand sets $............

legal sold ganj will stomp itself with high price.........blk market will rule because of......

ganj on..........

soundman · 08-17-2017, 06:44 PM

I moved out of CA to WA and when WA went recreational they rolled medical into the recreation system. Black market weed is selling less than store fronts.

People are stupid and must like going to a store to pay higher prices for shitty weed. The black market got shut down recently too. Get caught and your way more busted than ever.

Maybe CA will be different but people will use the illegal aspect to drive your price down. You have no other way of selling product.

I hope Im wrong cause I am moving back at some point in the near future. WA sucks balls.

aridbud · 08-17-2017, 06:55 PM

Rarely does anything go down in price. And with testing...more accuracy.
Exception: Wendy's Frosty is/was $.50.

Storm Shadow · 08-17-2017, 07:05 PM

collectives still charge $50-60 an 1/8th for really bomb OGz and the Hype of the Month...

Most shops dont even have next level dank... grow fire and you can stack away

oldchuck · 08-18-2017, 02:07 AM

California already produces 10 times more Cannabis than it consumes. Obviously most of the weed goes out of state to places where it remains illegal because the price is much better. Now with all the newbe big operators suddenly getting entrepreneurial supply will increase. You figure it out. I wouldn't touch it.

Crazy Chester · 08-18-2017, 03:50 AM

Thanks everyone. There's some good insights here.

Another cost I forgot: "track and trace" program. It's designed to track every plant from the nursery to the retail sale, supposedly to cut down on diversion to the black market.

I haven't researched it yet, but I'd imagine it would be pretty reasonable, i.e., some simple software that keeps track of batch and lot and prints out labels you can affix to your plants.

DocTim420 · 08-18-2017, 02:28 PM

Track & Trace (aka cradle to grave) will take a while before it is operative (time lag between "germination" and "harvest"...and coordinating it with the Jan 1 effective date). So, imo, there will be a window of time (6-9 months?) before it can really be "cradle to grave".

I asked my dispensary what to do if I can not obtain a cultivation license (due to my city specifically outlawing cultivation), they said, "Don't worry, we will take care of you."

For every "problem" there is a "solution".

rolandomota · 08-18-2017, 03:51 PM

Track and trace lol like if people really are going to report actual weights of plants

HeriMarry · 08-19-2017, 04:42 PM

As long as it is being taxed, there will be a black market. For instance, cigarettes an shine are still sold on the black market. An since the Marijuana Movement wants to get in bed with the government for legalization an when/if it gets legalized by the feds, that will be a new charge for the undocumented grower, Tax Evasions. Say hello to the ATFC. The war will never end for the free.I only support decriminalization.

The price WILL go up an the government will get richer off our backs. IMO.

08-17-2017, 04:43 PM	#11
St. Phatty Senior Member Join Date: Mar 2014 Posts: 2,376	2017 is going to a Bumper Crop year. I would wait till December 2017 - Jan. 2018 to see how prices go, before making plans for 2018 grows. Overall industry revenues are in the ballpark of $75 Billion. Will industry revenues increase - will people spend more $$ on Cannabis as it becomes much more widely available ? I don't think so. That leaves us in a situation where Total Revenues (OG/off balance sheet, and 'official') are basically static/flat. Yet production increases MASSIVELY. Sounds like a recipe for significant price drops to me.
	Quote 2 members found this post helpful.

08-17-2017, 04:49 PM	#12
Mtn. Nectar Member Join Date: Dec 2008 Posts: 540	quality reigns..........along with location/demand sets $............ legal sold ganj will stomp itself with high price.........blk market will rule because of...... ganj on..........
	Quote 1 members found this post helpful.

08-17-2017, 06:44 PM	#13
soundman Member Join Date: Feb 2010 Posts: 282	I moved out of CA to WA and when WA went recreational they rolled medical into the recreation system. Black market weed is selling less than store fronts. People are stupid and must like going to a store to pay higher prices for shitty weed. The black market got shut down recently too. Get caught and your way more busted than ever. Maybe CA will be different but people will use the illegal aspect to drive your price down. You have no other way of selling product. I hope Im wrong cause I am moving back at some point in the near future. WA sucks balls. __________________ light the fire spark the tree make it a part of me think of all the life it leads just growing from those little seeds
	Quote 2 members found this post helpful.

08-17-2017, 06:55 PM	#14
aridbud automeister Join Date: May 2013 Location: the best place on earth Posts: 5,589	Rarely does anything go down in price. And with testing...more accuracy. Exception: Wendy's Frosty is/was $.50. __________________ Seeds have the power to preserve species, to enhance cultural as well as genetic diversity, to counter economic monopoly and to check the advance of conformity on all its many fronts. Michael Pollan Happiness held is the seed; Happiness shared is the flower. John Harrigan Instant gratification takes too long. Carrie Fisher - RIP. *afterthought autos* We are passionate breeders of unique quality cannabis autoflower hybrid seeds at down to earth prices; now 11 years running! https://www.icmag.com/ic/forumdisplay.php?f=65770
	Quote

08-17-2017, 07:05 PM	#15
Storm Shadow Senior Member Join Date: Mar 2011 Posts: 4,639	collectives still charge $50-60 an 1/8th for really bomb OGz and the Hype of the Month... Most shops dont even have next level dank... grow fire and you can stack away __________________ Hall Of Fame
	Quote 1 members found this post helpful.

08-18-2017, 02:07 AM	#16
oldchuck Senior Member Join Date: Sep 2010 Posts: 1,111	California already produces 10 times more Cannabis than it consumes. Obviously most of the weed goes out of state to places where it remains illegal because the price is much better. Now with all the newbe big operators suddenly getting entrepreneurial supply will increase. You figure it out. I wouldn't touch it.
	Quote

08-18-2017, 03:50 AM	#17
Crazy Chester Member Join Date: Sep 2016 Location: SF Bay California Posts: 182	Thanks everyone. There's some good insights here. Another cost I forgot: "track and trace" program. It's designed to track every plant from the nursery to the retail sale, supposedly to cut down on diversion to the black market. I haven't researched it yet, but I'd imagine it would be pretty reasonable, i.e., some simple software that keeps track of batch and lot and prints out labels you can affix to your plants.
	Quote

08-18-2017, 02:28 PM	#18
DocTim420 The Doctor is OUT and has moved on... Join Date: Oct 2016 Posts: 1,192	Track & Trace (aka cradle to grave) will take a while before it is operative (time lag between "germination" and "harvest"...and coordinating it with the Jan 1 effective date). So, imo, there will be a window of time (6-9 months?) before it can really be "cradle to grave". I asked my dispensary what to do if I can not obtain a cultivation license (due to my city specifically outlawing cultivation), they said, "Don't worry, we will take care of you." For every "problem" there is a "solution".
	Quote 1 members found this post helpful.

08-18-2017, 03:51 PM	#19
rolandomota Member Join Date: Apr 2014 Posts: 853	Track and trace lol like if people really are going to report actual weights of plants
	Quote 3 members found this post helpful.

08-19-2017, 04:42 PM	#20
HeriMarry Member Join Date: Feb 2009 Posts: 294	As long as it is being taxed, there will be a black market. For instance, cigarettes an shine are still sold on the black market. An since the Marijuana Movement wants to get in bed with the government for legalization an when/if it gets legalized by the feds, that will be a new charge for the undocumented grower, Tax Evasions. Say hello to the ATFC. The war will never end for the free.I only support decriminalization. The price WILL go up an the government will get richer off our backs. IMO.
	Quote