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| Forums > IC Magazine > Cannabis Business Network > making money in a legal market | ||
| making money in a legal market | Thread Tools |
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#1 |
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Member
Join Date: Mar 2006
Posts: 433
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making money in a legal market
a few clubs in my town are selling eighths for 15$, so im guessing selling weed to the clubs is out of the question
how can people make money in a legal system? |
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#2 |
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Member
Join Date: Jul 2014
Location: Oregon
Posts: 299
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By growing a lot with great genetics developed for your ecotype and selling at prices that are aligned with regular farming costs. Vertical integration helps if you have access to capital.
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13 members found this post helpful. |
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#3 | |
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Member
Join Date: Mar 2006
Posts: 433
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#4 |
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Member
Join Date: Jul 2014
Location: Oregon
Posts: 299
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No. Not at all. But local conditions are always unique. If you can in your place, do it. Use what you made to build bigger in a smart way. The end game is always about selling your product in the market place, not how many plants you can grow.
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3 members found this post helpful. |
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#5 | |
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Senior Member
Join Date: Jan 2014
Posts: 1,020
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Quote:
Given the history of cannabis, it will take a while for indoor to go away, but it will eventually become rarer, I mean, look at how much can be grown outdoor, without greenhouses, with the right genetics, ... epic!
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I only have one speed... it's the speed of thought. https://www.icmag.com/ic/showthread.php?t=338819 |
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#6 | |
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Member
Join Date: Jul 2014
Location: Oregon
Posts: 299
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Quote:
That said, OP wants to know if you can make money growing small scale. The answer is no in the long term. |
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5 members found this post helpful. |
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#7 |
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if it smells like fish
Join Date: Feb 2014
Location: bible hill estates
Posts: 8,328
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Boutique,,or unique strains will always have a market...yeehaw
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SML..iff mi spellin and centances suk and yoo don't lyke itt too fukkin bad;/?.....I once was asked what I would say upon getting to the gates of heaven??? m/r is a visitors badge an option??? I would like a few drinks at the bar... YEEHAW....vote for real legalization not sum bullshit...free the weed or kiss my ass...you wont be getting my tax money.. |
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6 members found this post helpful. |
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#8 |
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Member
Join Date: Sep 2017
Location: In a whip with no brakes and I'm hitting the gas
Posts: 162
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I'm working on developing a solid outdoor game. Indoor here is becoming difficult because people don't want to pay for the quality anymore.too many asshats driving down the price of the good stuff with mediocre.
Concentrates also seem to have an effect on the flower market. You can take a mediocre crop looks wise and turn it in to gold, shit you could never sell in flower form. This is what I'm finding and legalization is just getting started here. I'm glad I started learning over a decade ago, I'd hate to be a noob grower with profitable aspirations right now. |
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4 members found this post helpful. |
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#9 | |
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Member
Join Date: Sep 2010
Posts: 744
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#10 |
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Senior Member
Join Date: Mar 2013
Location: high on a cold mountain
Posts: 1,016
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I don't see any way for a small grower to succeed in a legal market- after all its just a plant like tomatoes, basil, oranges, ect... You don't see any farmers running a business with 60 tomato plants no matter how good it is. Trout was right, there will always be a market for premier indoors but honestly the large warehouse people are growing top shelf already and doing it for much lower costs than a small op could.
That being said- in business the theory is called "value added products". This is where you turn a commodity into a unique product and that is where you stand the best chance to make your money. For example, Ocean Spray Juice is making wayyyy more money than the cranberry growers, or look at a package of beef jerky which is $0.50 worth of beef being sold for $5 at the store. Once its no longer a commodity you can earn your profit from selling uniqueness and special appeal
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"I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious." Thomas Jefferson "One has not only a legal but a moral responsibility to obey just laws. Conversely, one has a moral responsibility to disobey unjust laws. I would agree with St. Augustine that "an unjust law is no law at all"" Freedom begins between the ears |
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4 members found this post helpful. |
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