F*ck the market this year!

Colo MMJ

Colo MMJ

Well-Known Member
Humanrob said:
I haven't verified the accuracy of anything this dispensary employee said, but... I was at a dispensary yesterday and the guy working there told me that currently in the state of Oregon, the amount of legally and licensed grown, harvested, dried, ready to sell cannabis is 20x the amount actually being consumed here.

He said that OLLC who is running the show, did not put any limits on canopies or how many licenses they will allow -- each license to grow rec weed makes them money so they have sold and will sell as many as they can. That dispensary is having a promotional where they sell $1 grams on Fridays. This is not "top shelf" stuff, it's mediocre bud from the seemingly endless ocean of outdoor weed that was harvested at the end of last summer. There is a giant inevitable and painful market correction that has already started, and who knows how long it will take to iron out.

And as a side note, the black market will always exist (at a much smaller scale) since the age to go into a dispensary is 21. Anyone here smoke in high school? I'm guessing the kids are still doing it.
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This site has some pricing.

https://www.cannabisbenchmarks.com/weekly-report

This is there spot price by state but you have to pay and this is from Nov 2017.
https://www.cannabisbenchmarks.com/spotpricesnapshot.html
These spot prices for Oregon look high. Colorado was the lowest.

Are concentrate prices holding up at all?
 
justugh

justugh

Well-Known Member
the market in Oregon sucks

indoor/outdoor at best u are looking 1000 a lb but the Avg is 800
this year alone i took a bath i left a illegal grow op that was making 250-300 a oz .......right now the only thing keep me afloat is the fact i have a market for Illegal oil (making 650 a oz on it)

with any luck all these trash growers will go under (i am talking the ppl that know they have mites or PM or something wrong with the crop but still try to sell it) ......hell i got shit from the store that had mold in it because they sold it to the state like that

and with Oregon's new rules .......i have to have a camera system that covers everything (anywhere weed could be taken needs to be under a camera's eye.....talking 3000 5000 system ) then they want me to pay to use their INV system

oh i forgot to add testing .......your looking at 1000 a lb at best with testing costing 200-300 per batch depending on the lab u use and what agreement u cut
 
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Colo MMJ

Colo MMJ

Well-Known Member
greg nr said:
The figure I heard is there are roughly 1 million pounds of product registered in the tracking system. Current demand is roughly 500,000 pounds a year. So that is quite an excess inventory position given that new product is constantly being grown.

Since it's a controlled market, they can't cross borders with it, and they can't sell it on the BM. It has to go through licensed processors and sellers.

So either demand needs to go way up, or production needs to be cut way back. They are fire sale'ing the exxcess inventories to increase demand and get it off the shelves. But it isn't sustainable. If I buy extra now because the prices are low, it's product I won't be buying later unless I start consuming a lot more, which isn't really likely.

Until there is a national/international market, these micro markets will either be unstable or will need production caps - which nobody will like.
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Oregon makes it's money off licenses but also taxes? Colorado does as well. 5% county tax and 15% state tax on wholesale sales to the dispensary. They need to reduce the number of licenses or place a mortitorium on new licenses. Any licenses that expire should not be renewed.
 
thump easy

thump easy

Well-Known Member
Its time to get into another market im prepairing try to blow science glass i wAnt too organic chemistry flavores or flavors for pins the child proof boxes packaging extracting units their all kinds of other options but it the transition i find science so asome this has changed me for ever i love the plant but i love the science i love the glass it butiful this is my intrest my new i love it so much its asome!! Im 43 and im late for this but its not the money its the fact that love to do it!! Good luck guys the oil is were its at.. I just quit a gig the were to hungry for money squezzing me for all my life hours and the pay sucks lolz no way man i rather chill at home and sit and watch hamilton from viceland fuck this culture of materials and life sucking jobs.. I must be high i ment there other options!! for me i had a rough time finding repairs i met scholars with their own versions of thin film machines i found artest some that their heads way up their ass and old shaterd glass blowers but hardley nothing i found other science cats making a lovley living passion that is rewarding I came across these cats on a search for repairs on sci glass but they arent cheap andctheir time is pricey but in the end it is art and happy as i spoke to them unlike the broken pot game that politic come to play and its a tricky one to be in even if your good it changing and the reward is slim.. But their is no science glass blowers in so cal one i found in san deigo another in los angles both booked for months. Child proofing is big as i went to los angles to get packaging the company big as fuck was scrambling to find new methods to snipe on other child proofing and the do other packages but they sead it big right now for them with millions of packaging products boomed in the last few years in mmj
 
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7

757growin

Well-Known Member
thump easy said:
Its time to get into another market im prepairing try to blow science glass i wAnt too organic chemistry flavores or flavors for pins the child proof boxes packaging extracting units their all kinds of other options but it the transition i find science so asome this has changed me for ever i love the plant but i love the science i love the glass it butiful this is my intrest my new i love it so much its asome!! Im 43 and im late for this but its not the money its the fact that love to do it!! Good luck guys the oil is were its at.. I just quit a gig the were to hungry for money squezzing me for all my life hours and the pay sucks lolz no way man i rather chill at home and sit and watch hamilton from viceland fuck this culture of materials and life sucking jobs.. I must be high i ment there other options!! for me i had a rough time finding repairs i met scholars with their own versions of thin film machines i found artest some that their heads way up their ass and old shaterd glass blowers but hardley nothing i found other science cats making a lovley living passion that is rewarding I came across these cats on a search for repairs on sci glass but they arent cheap andctheir time is pricey but in the end it is art and happy as i spoke to them unlike the broken pot game that politic come to play and its a tricky one to be in even if your good it changing and the reward is slim.. But their is no science glass blowers in so cal one i found in san deigo another in los angles both booked for months. Child proofing is big as i went to los angles to get packaging the company big as fuck was scrambling to find new methods to snipe on other child proofing and the do other packages but they sead it big right now for them with millions of packaging products boomed in the last few years in mmj
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Hamilton is one cool dude. Not gonna lie when he breaks it down to the science i have no clue what he is saying
 
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