Actual Value of Marijuana?

fdd2blk said:

i ate 4 cookies yesterday. my wife made a funny and i broke out in to a fit of uncontrollable laughter. felt like a shroom trip for most of the day. i did not drive anywhere.

only because i had nowhere to go.

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Dan Kone said:

Just curious.... What do you think about the actual thread topic? I'm not talking about current market value. If hypothetically you were doing a moderate sized commercial high quality outdoor grow, what do you think the lowest price per pound would be including all expenses + just enough profit to still make it worth growing?

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fdd2blk said:

i can take 5 dollars worth of glass and turn it into a $200 pipe.

i know people who grow bomb ass indoor and i have no problem paying them 250 an ounce when i want some variety. if you can deliver what i seek then i will pay you.

my wife and i are on our 5th week straight of trimming everyday. we put in anywhere from 3 to 8 hours a day and have only taken off 2 days in 5 weeks. averaging 5 hours a day X 33 days gives us 165 hours each. she trims fan leaves i trim bud leaves. i was working at a welding job making 25 an hour so i consider myself worth that at least. 165 X 25 X 2 = 8250 in trimmers pay. divide that by 20 = 412 a pound in trimmers pay.

land is not free. i'm paying 9600 a year to use the areas i grow in. divide that by 20. that's another 480 a pound.

892, so far.

i spent about 500 on nutes. divide by 20. that's another 25.

917.

i put out another 500+ on needed supplies. whether it be string or stakes or tomato cages, new pots, soil. 500 is probably a LOW #. we'll go 30 a pound on that.

947.

labor can be anywhere from1 hour to several hours a day. work starts long before plants ever even go in the ground. this year i spent 2 weeks tilling in manure. manure costs money. my labor is again, at least 25 an hour. i have no idea how many hours i actually put into a full season. i start seedlings as early as January.


i figured when my garden started taking as much time as a "regular" job that it should give back just as much. i make no more from my garden then i would if i was working 9 to 5.

so we were right around 1000 for me to produce a pound. most businesses pretty much double that as there selling price. 2000 a pound for outdoor is fair. i'm a little over that because that is where the market sits. i seek the best prices. call me greedy.

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fdd2blk said:

i can take 5 dollars worth of glass and turn it into a $200 pipe.

i know people who grow bomb ass indoor and i have no problem paying them 250 an ounce when i want some variety. if you can deliver what i seek then i will pay you.

my wife and i are on our 5th week straight of trimming everyday. we put in anywhere from 3 to 8 hours a day and have only taken off 2 days in 5 weeks. averaging 5 hours a day X 33 days gives us 165 hours each. she trims fan leaves i trim bud leaves. i was working at a welding job making 25 an hour so i consider myself worth that at least. 165 X 25 X 2 = 8250 in trimmers pay. divide that by 20 = 412 a pound in trimmers pay.

land is not free. i'm paying 9600 a year to use the areas i grow in. divide that by 20. that's another 480 a pound.

892, so far.

i spent about 500 on nutes. divide by 20. that's another 25.

917.

i put out another 500+ on needed supplies. whether it be string or stakes or tomato cages, new pots, soil. 500 is probably a LOW #. we'll go 30 a pound on that.

947.

labor can be anywhere from1 hour to several hours a day. work starts long before plants ever even go in the ground. this year i spent 2 weeks tilling in manure. manure costs money. my labor is again, at least 25 an hour. i have no idea how many hours i actually put into a full season. i start seedlings as early as January.


i figured when my garden started taking as much time as a "regular" job that it should give back just as much. i make no more from my garden then i would if i was working 9 to 5.

so we were right around 1000 for me to produce a pound. most businesses pretty much double that as there selling price. 2000 a pound for outdoor is fair. i'm a little over that because that is where the market sits. i seek the best prices. call me greedy.

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beardo said:

funny how many people in the prop 19 threads have had really said screw the greedy growers, It's work that they do and I don't see any big company treating us better. I would rather give fdd some compensation and get some nice bud than pay some C.E.O or stock holder while someone who knows and cares nothing for the plant makes minimum wadge-or less, to work in some factory or field producing bud.

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desert dude said:

I agree with this sentiment, but as long as people's lives are being ruined by prohibition it is not persuasive to say, "let's keep it illegal so FDD can make a lot of money". Legalize it, vote for prop 19. If that causes the price to fall, then that is the price that must be paid to end the drug war.

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nathenking said:

no kidding bro.... but at the end of the day... fuck the CEO's and the big fat cats.... fdd works for his grown/money.... these owners of the big grows wont do shit... and make a shit ton of money.... im not down with that...

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fdd2blk said:

i can take 5 dollars worth of glass and turn it into a $200 pipe.

i know people who grow bomb ass indoor and i have no problem paying them 250 an ounce when i want some variety. if you can deliver what i seek then i will pay you.

my wife and i are on our 5th week straight of trimming everyday. we put in anywhere from 3 to 8 hours a day and have only taken off 2 days in 5 weeks. averaging 5 hours a day X 33 days gives us 165 hours each. she trims fan leaves i trim bud leaves. i was working at a welding job making 25 an hour so i consider myself worth that at least. 165 X 25 X 2 = 8250 in trimmers pay. divide that by 20 = 412 a pound in trimmers pay.

land is not free. i'm paying 9600 a year to use the areas i grow in. divide that by 20. that's another 480 a pound.

892, so far.

i spent about 500 on nutes. divide by 20. that's another 25.

917.

i put out another 500+ on needed supplies. whether it be string or stakes or tomato cages, new pots, soil. 500 is probably a LOW #. we'll go 30 a pound on that.

947.

labor can be anywhere from1 hour to several hours a day. work starts long before plants ever even go in the ground. this year i spent 2 weeks tilling in manure. manure costs money. my labor is again, at least 25 an hour. i have no idea how many hours i actually put into a full season. i start seedlings as early as January.


i figured when my garden started taking as much time as a "regular" job that it should give back just as much. i make no more from my garden then i would if i was working 9 to 5.

so we were right around 1000 for me to produce a pound. most businesses pretty much double that as there selling price. 2000 a pound for outdoor is fair. i'm a little over that because that is where the market sits. i seek the best prices. call me greedy.

Click to expand...

desert dude said:

I agree with this sentiment, but as long as people's lives are being ruined by prohibition it is not persuasive to say, "let's keep it illegal so FDD can make a lot of money". Legalize it, vote for prop 19. If that causes the price to fall, then that is the price that must be paid to end the drug war.

Click to expand...

nathenking said:

no kidding bro.... but at the end of the day... fuck the CEO's and the big fat cats.... fdd works for his grown/money.... these owners of the big grows wont do shit... and make a shit ton of money.... im not down with that...

Click to expand...

Dan Kone said:

I'm just going to be happy when this damn election is over and we're all on the same side again.

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Snow Crash said:

On one acre a person can grow an easy 1200 plants each with a 6x6 foot print outdoors.
So figure on 4 acres (one football field long and two wide) that's nearing 4,800 plants. At say 5lbs per plant on the average that is a good 24,000lbs, 12 tons, of bud.

On a scale of this size, which isn't much really, electric trimmers are a must. These are pricey up front but will save time and cost on hand trimmers.

This farm could be run from start to finish with 6 to 8 people. You'd need a master gardener/supervisor, an accountant/front man, 3 or 4 farm hands, and at least one security officer. Paying these people should work on a "commission" style sliding structure where they make a reasonable flat rate plus a percentage of the profits after covering expenses. Expect probably 500,000 in salary for the spring to fall seasons, plus 10 to 20% of the profits as well. The Master Gardener and Accountant/Front man are going to be splitting the rest of the profits.

So let's pretend a person has 10 acres of land in that gorgeous ribbon of weather in Northern California. Cost: $150,000. The set up a green house, a few buildings for supplies, maybe add in a pond, large tea brewing systems with plumbing, trim/dry house, septic, utilities, etc, and this adds another $350,000 to the cost of the property in total.

So figure probably $750,000 to $1.5 million to get the whole project off the ground and through the first harvest. Even at 1.5 mil each pound could go for $65 and still turn a small profit.
The next harvest is less expensive because land and infrastructure are present.

There are unforseen costs that have to be covered. "Insurance" against a bad season, fire, or theft is rolled into the cost per pound. Also their will be some form of permitting and tax requirements as well that cannot be estimated accurately.

So... I think if the cost to the MFG is $65 per pound then they can sell that product for $100 on the pound to a whole seller, who then sells to the retailer at $150 on the pound, who then turns around and sells to the public at about $180 on the pound. About $0.50 per joint, or about $10 a pack. Then add in additional cannabis tax, and you're looking at maybe $14.50 for a pack of 20 cigarette sized joints at your local gas station.

The MFG will net 2.4 million a year, with annual operating costs in the 1 million range.

Now imagine what a big corp could do with tens of millions of dollars and hundreds of acres.

Legalization would allow for $20 ounces of outdoor organics for sure.

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fdd2blk said:

you all done with me now?

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Snow Crash said:

On one acre a person can grow an easy 1200 plants each with a 6x6 foot print outdoors.
So figure on 4 acres (one football field long and two wide) that's nearing 4,800 plants. At say 5lbs per plant on the average that is a good 24,000lbs, 12 tons, of bud.

On a scale of this size, which isn't much really, electric trimmers are a must. These are pricey up front but will save time and cost on hand trimmers.

This farm could be run from start to finish with 6 to 8 people. You'd need a master gardener/supervisor, an accountant/front man, 3 or 4 farm hands, and at least one security officer. Paying these people should work on a "commission" style sliding structure where they make a reasonable flat rate plus a percentage of the profits after covering expenses. Expect probably 500,000 in salary for the spring to fall seasons, plus 10 to 20% of the profits as well. The Master Gardener and Accountant/Front man are going to be splitting the rest of the profits.

So let's pretend a person has 10 acres of land in that gorgeous ribbon of weather in Northern California. Cost: $150,000. The set up a green house, a few buildings for supplies, maybe add in a pond, large tea brewing systems with plumbing, trim/dry house, septic, utilities, etc, and this adds another $350,000 to the cost of the property in total.

So figure probably $750,000 to $1.5 million to get the whole project off the ground and through the first harvest. Even at 1.5 mil each pound could go for $65 and still turn a small profit.
The next harvest is less expensive because land and infrastructure are present.

There are unforseen costs that have to be covered. "Insurance" against a bad season, fire, or theft is rolled into the cost per pound. Also their will be some form of permitting and tax requirements as well that cannot be estimated accurately.

So... I think if the cost to the MFG is $65 per pound then they can sell that product for $100 on the pound to a whole seller, who then sells to the retailer at $150 on the pound, who then turns around and sells to the public at about $180 on the pound. About $0.50 per joint, or about $10 a pack. Then add in additional cannabis tax, and you're looking at maybe $14.50 for a pack of 20 cigarette sized joints at your local gas station.

The MFG will net 2.4 million a year, with annual operating costs in the 1 million range.

Now imagine what a big corp could do with tens of millions of dollars and hundreds of acres.

Legalization would allow for $20 ounces of outdoor organics for sure.

Click to expand...