How profitable is the marijuana industry now? can small time growers even compete?
How profitable is the marijuana industry now? can small time growers even compete?
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Supply chain issues prevent most companies from being profitable.
has legalization destroyed small time growers? i find the marijuana industry and crypto similar. small time miners getting btfo while big ones are taking over
I still buy weed from my dealer because of prices in my Provence, stores have little to no supply. Still opportunity I suppose. If you're planning on going legal I'd start a local brand and try managing the supply chain better than your competition. Otherwise good luck selling your homegrown to your friends.
I live in a northern california county known internationally for weed.
The legalization in CA has dropped the price of a pound big time.
I member cheap ps going for 1800, now shits going for triple digits.
Local businesses that relied on that black market cash are having a tough time right now. The money is just moving hands tho.
From growers at large to professionals that know how to fill out paperwork and hire lawyers and accountants.
the supply cant meet the demand
There are a few small time growers who can but you need Indoor and lab tested
Small time businesses will die because only retards think there is any difference between buying different weeds except price. Either way, it's a waste of money if you don't have medical problems.
>only retards think there is any difference between buying different weeds except price
only a retard or someone that has never smoked weed could say something like this
You wouldn't stand a chance user.
Let alone have you ever grown weed? Do you understand what it takes to be profitable?
I can purchase a pound of the good good for 1000 cad.
If I want 20 pounds I get it for 900 per pound.
You'd be lucky to produce one pound for less then 1600 dollars in electricity.
You would have to create your own strain for a brand and do you even understand how difficult that is?
You don't just put it in your garden and cross your fingers.
High quality product = lots of time and effort.
small growers are being pushed out of the market.
Funny thing, 90% of black market pot is actually produced by canopy, aurora and the other schmucks.
They would prefer selling on the black market cause they can avoid testing, and taxes.
>Funny thing, 90% of black market pot is actually produced by canopy, aurora and the other schmucks.
How do you know this/what's wrong with that?
can you let me sleep on your couch I can:
not do meth
fix things
not shit or do gross things in your house
grow pretty good og and hash it
bring you food from nearby towns
not do weird hippie shit unless you're into that
it's not worth doing unless you already know what your goals are and they can't be just "grow weed and sell it". must be more niche.
You can produce a pound for much less than $1600 in electricity.
actual former growerfag here
growing weed is piss easy this shit literally grows by itself. the only actual work you have to do is repotting, giving them water/nutrients, taking cuts from mother plants and harvesting. and most of that can be reduced by using hydroponic setups, outsourcing the trimming etc. its really not hard to grow high quality weed you need good genetics and you need to know what youre doing and have your setup dialed in, thats it. its not rocket science. as for cost my production cost was less than 1 dollar / gram and I did it on a small scale only for my own use, so everything was highest quality and I didnt give a fuck about costs, high yield or any of that. if you grow on a bigger scale, use commercial strains and so on you could probably get that cost down significantly.
A good grower that's been doing it for years produces pot at an average of 600 dollars per pound. That includes electricity supplies, rent fertilizers and the like.
Grow fag, if your getting it for less then a dollar per pound you should report to the major companies as they will pay you for your knowledge.
Oh wait, you can't do fuck off.
Do you even know how much work it is to create the environment and stabilize it?
Growing weed is not easy.
It's one of those things your either good at it and really good or you just won't make it.
Same as any industry really.
Wagie will always be wagies but those of us who have the drive, know how and natural ability to strive in whatever industry it is is sheer luck.
You either got the green thumb or you don't.
He said dollar per gram
How are tobacco firms looking? I heard Altria is investing in pot
I just want to move to a legal state and grow pot but ive recently watched murdet mountain on netflix and it doesnt seem like it would be fun. Humboldt county sounds like a shit hole. Im assuming colorado is the same now
>its not rocket science
prnewswire.com
>The advisory board includes everyone from Hilti Tools empire heir apparent Rudolph Hilti, Prof. Dr. Markus Backmund MD, PhD-the chair of the German Society of Addiction Medicine, and Dr. Horst Schiessl, on the supervisory board of Baader Bank AG, to Dr. Hans Dendl, former chairman of AOK Health and researcher at NASA Jet Propulsion Laboratory and Lockheed Martin Aeronautical Research.
>With production costs in in Argentina and Columbia as low as 5 cents per gram for CBD, there is a massive profit opportunity if South American CBD were to be sold in Canada.
Companies are literally hiring rocket scientists to help them grow weed better, we're fucked
I wish I could smoke pot, but gay as company does random drug tests.
FUCK!!
Im assuming u live in humboldt. Hippie
in Canada , the major companies who have a significant stake are cigarette companies.
>Benson and Hedges
If you are looking for personal use , then you will be fine , but if you are looking to grow to sell , you will be fucked in the market.
Don't listen to this Jew. The weed industry is gigantically profitable and this nigger doesn't want you to get a slice of the pie.
t. weed grower
what state do u live in?
Ahahahahaha
Fucking idiot, you know nothing of the industry. If you did you'd know the big LPs are too expensive andhe grey market is still cheaper, and more trusted/reliable. The only issue is unlicensed growing can lead to arrest and confiscation. Now stop pretending to be an authority on a subject you just started reading about you little bitch.
how much money is there to be made for a small grower? I always thought selling on the darknet was a profitable idea
Here's a word of advice user. Don't go on a business board asking people for business advice.
The majority have no fucking clue, because they're retards. The others are incels and only invest in crypto because of fear of the real world. And those who actually know what to invest in would never tell you.
Now go into the real world and never come back, faggot.
what none of these people are telling you is almost all of these small time growers sell a little 'illegally' on the side. I know 4 small growers and they all do that. Theyve been doing it for 2-8 years now. if you got half a brain you can figure out how to count in that extra money without getting caught, theres not that much supervision right now as its still a new area so that door might be closing as the govt/state figures shit out. This little side action is what keeps them more than afloat