I've seen that michigan is flooding the market with pounds as low as $300 and $600 being an average.
Its not the worst weed, the same dense stuff that smells like its been cured in a barn ( that musty smell) but appearance is just like everything else that those hard quarter sized buds. Which the consumers in the black market don't give two shits about, you could have a bud that glows blue with magical powers and they would still take the lower priced stuff.
There so much surplus and so much big money behind what some people claim is an effort to wipe out everyone and then control the market.
What im curious about is those people with the big money, they have investors, and investors want to see profit and i just dont see how they are seeing it ? Any economy smart folks able to break down how this crash is gonna go, and where it will end up ?
I see all you guys, talking about it takes x amount of money to run per lb and i just dont see those numbers at all unless you factor in the cost of living and your counting all your bills rent food entertainment and everything. My guess is someone who is renting and supporting themselves/family bills groceries all that just growing alone would just scratch by at about $5k a month? ( <- rent and electric bill) So if perpetual weekly tables, and say its LED and your grabbing 1.5 lbs per table on a 8-9 week at $50 an ounce, it would be pushing it to stay at that number.
But 8 hour trim day every week and 2 hours a day working in garden, thats 88 hours a month / 5,000 = its still 56 dollars an hour if you look at it like a job. Not gonna get that at a 40+ hour a week job.
So many huge permits givin out, so much bud being grown legally they have to back door their stuff onto the traditional market which fucks so many people its crazy.
