I live in a state where it is legal to grow up to 12 cannabis plants on your property, but technically you cannot sell it unless you have a licensed dispensary, which I do not. Pic related: my first attempt at growing. I am expecting several pound of high quality marijuana by October. This is more than I can consume on my own, so now I am wondering (hypothetically) about selling it in the gray market to fuel my crypto investments. I can’t be bothered to sell it ounce by ounce (even though that would be much more profitable). How can I find a buyer who will hand me thousands of dollars cash for several pounds in one exchange? Or better yet BTC. I’m thinking that is the safest way to unload the product. Also, how does one theoretically launder this money? Again, all hypothetical.
How to profit from cannabis legal gray area
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fuck off glow nigger
You don't
It is too easy to grow, even with it being illegal the profit margins are worse than unemployment and minimum wage. For it too be mildly profitable you need to be able to make about 6 grows a year, harvesting around 10 kilogram and grow at around 40 cents a gram. Also the risk involved is retarded
t.former semi professional grower
What the fuck is a glow nigger. I am a respectable Caucasian professional with a hobby of cannabis cultivation. Advise or kindly fuck off, faggot.
Start growing coca leaves
>This is more than I can consume on my own
Don't sell yourself short. If you set your mind to it, I'm sure you can consume all that weed before your next batch is ready to harvest.
btw looking at those leafs you can be happy if the ladys survive till october. You have clearly no freaking idea what you are doing
Thank you for your reply. As you can see I am growing outdoors. Does that change the equation at all? I figure a big cost for most growers is electricity, which I don't have to worry about as I am using free sunshine. Also, I am not looking to make a career out of this. It’s like my other hobby of dog breeding. I dont expect it to make me rich. Its just a small stream of petty cash to braid my income. I have a day job.
That is day 1 of transplant from indoor. They had been under a cheap LED. That is literally their first day in the sun. They will explode now I reckon.
>big cost for most growers is electricity
No, the big cost is logistics. You have two choices. For maximum profit you have to sell it in gram, which will take ages and the risk is astronomical because you have to deal with retards that can rat you out when being caught smoking their shit in a car on a McDonald parking lot. The other option is selling to distributors, which involves again multiple risks, you need to make the connections, hope they don't get ratted out and rat you out. Also you can't expect to earn the same profit. Kilo goes for about 1000 buck in those circles.
If it is just for hobby, you can make some extra bucks, sure, but again risk is retardedly high