Not so sure about this.Everyone will be worried about falling prices soon enough. This is just a foolish way to look at the issue. Production of cannabis is skyrocketing but demand isn't following the same trends.
Not so sure about this.
I thought supply would outpace demand this summer / fall, but thus far people are screaming for as much product as we can harvest, there may be an increase in supply, but demand has increased as well, at least here in CO.
I sure hope so...theres alot of talk about the ASA and CannBe (financed by harborside) that are making major moves to try and monopolize "legal" production in california....their main weapon is restrictive land permitting, basically using municipal land codes to ban cultivation in certain areas. how they deal with the huge AG scene in the central and north parts of the state is still a mystery to me...in CO just the licensing and security costs to enter the legalized market cost upwards of 100K, with strict background checks and residency requirements. they are "thinning" the herd of eligible people...colorados total population is 5million and their markets estimated to be worth 1 billion a year...so CA with our almost 40 million people can arguably be worth 8-10 billion a year and that kind of $$ is definately going to bring out the suits to fight for it and try to keep as much for themselves..
they arent gonna just let every farmer with 100 acres convert their food crops to cannabis, that would fuck up the food market and flood the cannabis market...can you imagine if every nut, olive, strawberry, grape farmer decided to go green rush and ripped up their orchards to grow cannabis.. this will impact the supply and price of regular food crops...i definately see some kind of regulation written in the bill that will prevent this from happening. only certain properties will be eligible for "legal" growing.
shit even in prop19 they were trying to ban home cultivation over a certain amount...fuckin pisses me off the suits and those with millions in their pockets trying to hijack this industry.....CA looks like its gonna be a black market for a while supplying the non med states. prices will just crash lower and lower every year and many folks will get pushed out.
already county ordinances favor the deeper pockets....for example in butte county if you have 40 acres you can grow 99, but if you have less than .5 you cant even grow a plant in your backyard...shit like that. im not complaining too hard because im allowed 66 on my plot of land, but these damn ordinances seem to be changing every year and never know when we will go the way of lake or kern county and just outright ban on OD cultivation.
Talk to me in two years. Everyone is now setting up their greenhouse side. We have 50,000 sq ft; RiverRock has 100,000 sq ft, my friends are now setting up 200,000 sq ft. And don't forget about VIP who are setting up 32 greenhouses on their 800 acres, and that's for their first year. All this cheap outdoor hasn't hit the market yet but rest assured it's coming. What is VIP going to do when they can't sell all their stuff even at $100 a zip? They'll blow it out at a lower price. The indoor price battle has been taking place for what two years here? And it went from $40 eighths to $15. Expect the same thing all over again for outdoor/glasshouse stuff.
i agree, but you see that the quality of outdoor in CO ,and anywhere else where BIG production is about to or has started to take place, is going to take a few years to really develop into a high grade mersh outdoor market as we have it here in CA and OR. Al ot of folks think outdoor growing is easy, and it is, but to make high grade outdoor does take some time to learn, so i expect that the true surge of outdoor from CO and other new med /legal states is a few seasons awayy.
I can only imagine the ammount of dep thats being funded for 2014...
the thing about river rock and all the mega CO shops is that at least their wares have to stay in state for now...im sure most wont risk pushing it out of state for fear of losing their lucrative licenses.
now...if there is some kind of change coming soon where CO can push its OD and GH herb to other new med markets like IL, NJ, MA, etc that would change things pretty drastically, but those markets are setting up their own legal supplies so im not sure if this is really happening.
seems like most states going med right now are keeping it pretty strict and mostly in-house and strict regulation to keep it from flowing into non med states. also the guidelines for getting a med card in a state like IL for example, are pretty strict, its not as liberal as CA or CO where you can get a med card for backpain or depression, the IL list shows serious stuff like cancer, aids, MS, chrons, etc. your average 18-24 year old college aged party crowd wont have true access to state legal herb, and wont be able to legally grow their own either due to the new regulations. this means states like CA, OR, WA, and CO and their mass amounts of black market growers will still have to import into these states to truely meet demand.
what a crazy market we are headed into, was with a few grower friends today in norcal talking for 5 hours straight speculating about what kind of market CA will be in two years, drawing on examples from CO and seeing how the CA med market has changed in the last few years as well. what moves certain folks make in the next few years will be very important in dictating who will be left standing when the dust settles from CA legalization, which BTW is being introduced onto the 2014 ballot.
As availability increases, and corespondingly prices decrease, consumption increases.
I just bought 5 pounds of primo tobacco leaf for about $100. Suppose that was what you could get for your primo weed before local, state, and federal taxes and the delicate attention of corporate packaging and marketing?
Your a lil outta touch with reality if you think cartels are selling to dispos.Lets remember one thing. This is medical mmj market. Not selling to the world in the black market. People growing on public lands, trespassing, poaching, stealing water and power then leaving their mess. Hauling their weed to dispensaries, blowing it out so they can make a buck. The dispensaries make a short term buck also. Patients are supporting people who are doing it all wrong trying to feel better. Dispensaries you hold the cards! Stop buying weed from cartels. Your quality sucks when you do. So you won't own a jet in six months...BOO HOO.. You could still be growing and selling weed legally in twenty years if you do it honestly. Oh yah, the quality of the meds you have provided will be worth top dollar. The more states that pass laws for med patients. The more growers we will have. Keep trying to break the rules and stick it up everybody's ass. The GOVERNMENT can change the laws back to what they used to be. We don't need that.