Is there still money in Colorado?

Ok simple question, I am a small grower less then 10k of lights. But live in Texas i want to be legal or at least more legal. I own a ton of equipment, a house in denver that i can afford to buy. And I am really good grower with a lot of experience, 10 plus years.

I have one of my business partners willing to sell his $700,000 house to relocate to Colorado. And they are talking about moving before the end of the month.

In Texas I only charge 10 a gram and 240 a ounce and 900 qp's.

What are the street prices and is still profitable?

Both my partners have clean records, both retired lawyers. And I am the grower, no felonies but tons of misdemeanors. im not looking to get rich but they are. Atleast we need to make close to 15k a month to remain happy.

Before my partner sells his house chasing a dream, I wanted ya'lls input.

I'm tempted to ride it out just for a awesome experience, but then again these guys are good friends of mine. So I want to make absolutely sure that it is even possible. I know there use to be a lot of money being made, but what is it like now? After its legal, with tons of competition?

I know about the two year residency thing, and we hired a attorney to speak to a phone conference but he was clueless and didnt have any answers.

We were looking at moving to denver not the outside suburbs.

We would like to at some point have some close to 40k grow.

One last question, I own a pitbull and he owns a bullmastiff are there absolutely no pit bulls or bully breeds allowed.

If your going to criticize me please dont post, if you don't live in Colorado and don't know, please don't comment.

I live in Colorado and there is a lot of competition and its really hard to get a license as well as they only give limited numbers and the amount of dispensaries that apply is much higher than that number. That being said their is a lot of money in weed here for sure.

Yodaweed said:

I live in Colorado and there is a lot of competition and its really hard to get a license as well as they only give limited numbers and the amount of dispensaries that apply is much higher than that number. That being said their is a lot of money in weed here for sure.

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Hey thanks a lot man. I wish you can give me a little more insight though.

I will give anyone that can help rep.. if that even matters.

Ive been so stressed over this, they have so much trust in me to make this happen.

It puts a lot of weight on my shoulders

There's a forum for Colorado marijuana patients and it's pretty active check it out its under medical marijuana on these forums.

And is the medical market still going strong? I'm sure all three of us would be eligible for medical which i would prefer. but I am completely ignorant on the laws.

you'd prob. be better off in washington. that being said, if you have to come here and ask about the whole grow/money thing, you should prob. forget about it. i know, i sound like a richard, but really, if you don't know for sure if you can pull this off, you prob. can't...
good luck though, and yes, i'm a colorado resident...

No legal way for a grower to be remunerated for their efforts unless working under a state licensed MMC or RMC.

As you stated, 2 year residency required to pull a license, then you must pass FBI background check and various associated wallet checks. Note many local ordinances prohibit or complicate matters. Just because there are dispensaries in an area doesn't mean the city council is granting new applications for MMC RMC OPCL MIP (Pueblo West voted no more just recently for example).

I have rottweilers where I live but this will vary with local ordinance.

Silky Shagsalot said:

you'd prob. be better off in washington. that being said, if you have to come here and ask about the whole grow/money thing, you should prob. forget about it. i know, i sound like a richard, but really, if you don't know for sure if you can pull this off, you prob. can't...
good luck though, and yes, i'm a colorado resident...

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Its not that I dont think its possible, I so know the high taxes are pushing people to buy from the black market. Which yes I want to be legal but what im trying to say is anywhere is better then texas. Colorado is the best option for us because of family and friends.

Florida seems kinda promising right now.

But i have friends in the medical game in colorado doing great, making a killing. Like i said im not trying to become rich. But this is what i do. I am damn good at it and I have made a decent living. But tired of being paranoid.

The real evil is the government.

I don't like your answer but i asked for yalls opinions, so i gotta say thanks.

SnapsProvolone said:

No legal way for a grower to be remunerated for their efforts unless working under a state licensed MMC or RMC.

As you stated, 2 year residency required to pull a license, then you must pass FBI background check and various associated wallet checks. Note many local ordinances prohibit or complicate matters. Just because there are dispensaries in an area doesn't mean the city council is granting new applications for MMC RMC OPCL MIP (Pueblo West voted no more just recently for example).

I have rottweilers where I live but this will vary with local ordinance.

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Ok i get what you're saying, but isn't it still safer in Colorado then in Texas.

Cops are not looking to bust people in Colorado, right?

In texas getting caught with any amount and your fucked. Even a roach or seed on floor board.

Your original question regarded making money. I only explained what you already knew. That said, one could take your position that laws are just as easy to break in Colorado as they are in Texas, albeit Texas penalties might be harsher. That said, the feds may or may not be the ones handling your case either way were you to get caught.

In legal states, profit margins are lower, competition is increased both in skill and quantity. You should research cost of living differences and factor that into your thinking. Utilities might be higher than you are used to.

ODanksta said:

Ok i get what you're saying, but isn't it still safer in Colorado then in Texas.

Cops are not looking to bust people in Colorado, right?

In texas getting caught with any amount and your fucked. Even a roach or seed on floor board.

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Their not? Why not? OTC sales? If your running a grow under the table. How is that not illegal? What makes you think that the police and the court system would be more forgiving? If anything I might say that they would love the chance to make an example of someone running OUTSIDE the law.

Now for the smile factor.
If you visit Texas from the north, your a "Yankee". If you move in there, your a "DAMN Yankee".
If you Dank, move there (Colorado). The reception will be much the same.
Colorado (and more so around Denver and Colorado Springs) natives don't seem to like the invaders from the other states moving in! That may just put to many "eye's" on you for awhile.

Just a cpl of common sense thoughts.

SnapsProvolone said:

Your original question regarded making money. I only explained what you already knew. That said, one could take your position that laws are just as easy to break in Colorado as they are in Texas, albeit Texas penalties might be harsher. That said, the feds may or may not be the ones handling your case either way were you to get caught.

In legal states, profit margins are lower, competition is increased both in skill and quantity. You should research cost of living differences and factor that into your thinking. Utilities might be higher than you are used to.

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Thank you Snaps, in texas the utilities are pretty high I pay 11.7 per kilowatt. But we have high electricity bills because we fight so hard to keep our houses cool.

Im running close to 6k of lights right now my bills are 5 to 6 hundred.

Dr. Who said:

Their not? Why not? OTC sales? If your running a grow under the table. How is that not illegal? What makes you think that the police and the court system would be more forgiving? If anything I might say that they would love the chance to make an example of someone running OUTSIDE the law.

Now for the smile factor.
If you visit Texas from the north, your a "Yankee". If you move in there, your a "DAMN Yankee".
If you Dank, move there (Colorado). The reception will be much the same.
Colorado (and more so around Denver and Colorado Springs) natives don't seem to like the invaders from the other states moving in! That may just put to many "eye's" on you for awhile.

Just a cpl of common sense thoughts.

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I understand what your saying but are there grow houses that being bust all the time in Colorado after this last January?

I think people are legally allowed to grow six plants no more then 3 in flower at a time, but i can not see people actually abiding the law.

I really dont know thats why I am asking.

And on the second part, I as a born Texan I have never called any one a Yankee ever.

The only time I've ever seen texas invaded was after Hurricane Katrina and that was and still is a huge problem for texas. It turned nice neighborhoods into ghettos and turned nice apartments into section 8 housing..

Just another comment from a newbie here. I think I remember you (Dank) posting something about you owning a business here in Texas that was in the legal grow game. I would think that being in Colorado as a business involved in the support aspect of the MJ business would be less stressful, profitable and less danger of getting busted. With the amount of people flocking there and that are already there, the infrastructure support system has to grow too. Supplying equipment, supplies, hydro equipment, etc... might be niche you have experience with and can do easier than trying to jump neck deep into the commercial grow.

just my 2 cents

Pit Bulls are banned in Denver, even if you get pulled over just passing through, pretty hard on it...

kangosna745 said:

Pit Bulls are banned in Denver, even if you get pulled over just passing through, pretty hard on it...

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That is kinda ridiculous, lets legalize marijuana but ban one particular breed of dogs.

Well i read today that cops are not busting illegal grow ops in Colorado because, its to hard to tell which ones are legal in which ones are not. They said the police fear busting a illegal grow to find out its really legal then get sued.

Its not that i want to break any laws or be a criminal but here in Tx even hash is a felony any amount.

Texas police are the worst of the worst

I'm not familiar with Co, but don't take anyone opinion here to heart. Every person I talked to in MI who was in the industry told me the market was already tapped, dont waste your time the laws are fucked, yada yada....

well I ignored them brought my skills there anyway and am doing just fine.

If your good your golden, you can get a 100 plant count at each address you guys live at and still be within the law, kinda, you can also get an edible/infusions license cheaper and easier than a dispensary...so kind of a foot in the door loophole situation. Just dust your buds with a lil keef or roll them in a lil oil and their technically an infused product at that point to be sold to dispensaries. Idk...just an idea.