[Abja Roots]

^ That's pretty much the truth. One of the advantages I see to getting in early, while margins were higher, is that you could pay off your initial startup cost quicker. At the end of the day this will become a business like most others. Some people will do well by building actual business' that will either be bought by larger competitors or continue to be run like any other small business if they can find a place that works for them.

Times are changing, and we'll have to change with them.

[CaptainDankness]

Originally Posted by stasis

Some say to turn your passion into a job. Conversely,

Meanwhile many people work at McDonald's and Walmart. Lol, I don't think anyone has passion in flipping burgers or tending cash registers for minimum wage.

This is what happens when corporations and politicians take over everything people love. Many loved growing corn, cotton and tobacco those are businesses you can't really have a job in as your own boss. You can do it, but you won't be making a living unless you have about a million dollars or so to go really big then you still need to worry about Monsanto pollen getting in your fields.

Same will happen with the genetically engineered cannabis being made. Of course organics do have a market but with a crop like tobacco you have too many regulations to get off the ground. I imagine cannabis won't be treated like produce by the politicians.

Probably why so many people commit suicide, they can't make a living doing something they are passionate about.

[CaptainDankness]

Originally Posted by mackdx

Agree whole heartedly on the WT101 (one of my faves) . Still, you can grab a fifth of Allen's and still have money left for taco bell with a $10.

Some folks have different priorities in M.

Yeah, does seem to be the norm, so many people drink cheap beer or cigarettes, just because it's cheap and does the trick.

Some people still smoke brick weed which I don't really blame them, before I really started growing I'd mostly smoke brick weed and occasionally buy good weed just because it all gets you high. Of course I always preferred good weed which is the biggest reason I started growing my own. It was never about making a fortune I've always charged my friends brick weed prices of course they will turn around and sell it for dank prices. But we all make some money in the end and smoke great weed for free.

[stasis]

Originally Posted by mackdx

Stasis

One of reasons you are experiencing "price concious" shoppers, is you have placed yourself in the poorest county in the State of M.

If your average scraping to get by local wants to get loaded and has $15 in his pocket, are they going to grab a handle of Allen's Coffee Brandy, or are they going to grab one bottle of Allagash Curieux?

I'm sure you realize this, though.

Thanks for educating Me, even though You're sure I realize it. I came here to open a dispensary with a partner who was raised here. Failing that, there is nothing for me here. We are looking at a building to purchase tomorrow. The Mayor of the Town is meeting us there. We're not playing. But, again, no dispo, no stay.

Although "Walmart" County IS the poorest in "m" (or one of em), It is the same everywhere, now. Michigan, CA, and even Downstate Maine (where the money is).... The problem is Middlemen who consider it normal to make more than the growers - Used to be a 1-2 point commission on every #. Now, all bets are off. AND, we have a "Legal" market, with all the rules, to deal with.

I have come to realize over the decades, that growers take all the shit. Except for those brief periods when things are great, which we have all had. I will not be standing for it anymore.

Wholesale prices are bottoming out under 2k for even "AAA's" indoor. It may not be worth it to be a grower/Caregiver anymore. And, as of yet, there is NO Boutique / Craft Cannabis market. Sheesh, We are being Written-Out of the system anyways, by over regulation.

I know where I am going with it. Dispo, or I go. And, even then, I am Keeping it to myself. Several interviews await in other states. Cheers...

[hamstring]

I dont have a problem with your comment there is a element of truth in it. I work in sales and we target 22-24% margin. There are plenty of other markets that target 30-35% and retail is 50% and over.

You made a blanket statement for all sales and I dont think thats a fair or accurate analysis of the market. I dont know where the end game margin will be . Others have a better understanding of the market.

Originally Posted by coldcanna

We are all on this site because 1) we grow and sell for money or 2) we are cannabis fanatics. 80% of average people who smoke just wanna get high and dont care about this cross or that pheno's terpene profile. Normal businesses make 15-20% profit margins so if a lb of flower costs 4-500 to produce you can expect that eventually they will be selling for about 6-700 as the market matures. Dont be butt hurt because the old underground model isnt efficient in the real world.

[mackdx]

Thanks for educating Me, even though You're sure I realize it.

Sorry if I came across as condescending. Not intended. Maine is a strange state and there is little that surprises me these days....

It will be interesting to see how legalization is finally implemented. My guess is big money is going to dominate the final decisions and folks like yourself looking to make a legitimate way in the market are going to feel the pinch.

Hope I'm wrong.

Stay warm!

[KONY]

Originally Posted by stasis

Thanks for educating Me, even though You're sure I realize it. I came here to open a dispensary with a partner who was raised here. Failing that, there is nothing for me here. We are looking at a building to purchase tomorrow. The Mayor of the Town is meeting us there. We're not playing. But, again, no dispo, no stay.

Although "Walmart" County IS the poorest in "m" (or one of em), It is the same everywhere, now. Michigan, CA, and even Downstate Maine (where the money is).... The problem is Middlemen who consider it normal to make more than the growers - Used to be a 1-2 point commission on every #. Now, all bets are off. AND, we have a "Legal" market, with all the rules, to deal with.

I have come to realize over the decades, that growers take all the shit. Except for those brief periods when things are great, which we have all had. I will not be standing for it anymore.

Wholesale prices are bottoming out under 2k for even "AAA's" indoor. It may not be worth it to be a grower/Caregiver anymore. And, as of yet, there is NO Boutique / Craft Cannabis market. Sheesh, We are being Written-Out of the system anyways, by over regulation.

I know where I am going with it. Dispo, or I go. And, even then, I am Keeping it to myself. Several interviews await in other states. Cheers...

Right now there is a fairly large and growing craft cannabis market in your state. You will likely have to travel a bit to find it, and network to make the connections.

For true top shelf smoke.... there is never enough and it's sold as soon as its dry. This stuff is NOT selling for under 2k a lb. The stuff ive seen for well under 3k a lb is mediocre. It might look decent and smell nice, but that's it.

There is no mouth coating effect of flavor from smoking it, and it needs to be cured for months to be smooth.

[stasis]

Originally Posted by KONY

Right now there is a fairly large and growing craft cannabis market in your state. You will likely have to travel a bit to find it, and network to make the connections.

For true top shelf smoke.... there is never enough and it's sold as soon as its dry. This stuff is NOT selling for under 2k a lb. The stuff ive seen for well under 3k a lb is mediocre. It might look decent and smell nice, but that's it.

There is no mouth coating effect of flavor from smoking it, and it needs to be cured for months to be smooth.

I agree - the virtues of great genetics, grown with care is well-worthy...~ ! We (IC Maggers) all appreciate it here...

My preference would be to stay here for the rest of my life (with 2 vacays a year, to see friends elsewhere, and the world)...
Didn't move my 57-yr-old husk all this way for nothing... Maine is awesome, from a geographical standpoint.
People are as cool as anywhere else I've been, and better than most.

Other than wealthy consumers of Cannabis, though - and people can come and go - I do not see this market, yet. It's only been 4.5 months though...
I will look deeper, thanks for the tip...
In all three states that I have grown in, it has been the same. Middlemen called the shots.
Desperate growers who had to sell at low lows to pay bills, also kept the market weak for growers.
Maybe a bit of a boutique demand in NorCal, when Brokers in the Em Tri wanted something really good, they used to call me for an oz or a QP, after a nice sale.

So far, every outlet in Vacationland I have gotten in contact with only sold their own work (usually poor and harvested-early outdoor - basic strains), but were happy to accept my indoor samples, of course... Or, they had a range they would pay, regardless of quality (again usually the same old 'local' strains). My Pet Peeve is people negotiating before they even see the product. This is however, a testament to the mediocre expectations they have, regarding the quality they are not seeing regularly.

My assumption is that the reference above is to particular individuals, who appreciate Connoisseur Cannabis. And, that these people are willing to pay a reasonable price to get it.

Understood, KONY - Cheers.

[purplepassion]

Originally Posted by stasis

Thanks for educating Me, even though You're sure I realize it. I came here to open a dispensary with a partner who was raised here. Failing that, there is nothing for me here. We are looking at a building to purchase tomorrow. The Mayor of the Town is meeting us there. We're not playing. But, again, no dispo, no stay.

Although "Walmart" County IS the poorest in "m" (or one of em), It is the same everywhere, now. Michigan, CA, and even Downstate Maine (where the money is).... The problem is Middlemen who consider it normal to make more than the growers - Used to be a 1-2 point commission on every #. Now, all bets are off. AND, we have a "Legal" market, with all the rules, to deal with.

I have come to realize over the decades, that growers take all the shit. Except for those brief periods when things are great, which we have all had. I will not be standing for it anymore.

Wholesale prices are bottoming out under 2k for even "AAA's" indoor. It may not be worth it to be a grower/Caregiver anymore. And, as of yet, there is NO Boutique / Craft Cannabis market. Sheesh, We are being Written-Out of the system anyways, by over regulation.

I know where I am going with it. Dispo, or I go. And, even then, I am Keeping it to myself. Several interviews await in other states. Cheers...

I think your a little mis guided on the whole Maine thing. You can't move here and make money in weed especially if your from Colorado or California. Mainers like mainers, Maine growers have controlled their local markets with boutique quality cannabis at normal prices. You can't even open a dispo here the CDC application process was closed two years ago, you may be able to open a store if rules are ever set in stone but you have to have 2 year residency as well as anyone working for you. I own operate a storefront and grow been here 25 years doing so in some form. I'm still an out of stater in my town lol. Our lawmakers and people don't like greenrushers, people grow a lot of their own, and a population of 1.3 million that all have access to high quality weed at low prices. Market research is key. If your in Waco someone already basically owns the market you won't grow better weed then them.

[TychoMonolyth]

Originally Posted by larry badiner

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?

Like anything in business, find a niche. Personally, I think there's an emerging market for very low THC/very high CBD.

But even in Canada, if you don't know your buyers, you're not going to sell squat. You could stand at the corner and try to sell, but that'll only earn you a few months in jail.