Pig Farmer thinks he is just gonna grow weed in WA and rake in the money! LOL

UncleBuck said:

$3/gram = $75/ounce, that's plenty. the key is to grow more, more more.

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http://votehemp.com/PDF/hemp97.pdf

Based on the price of french hemp being $200 a ton from the record above it is not inconceivable that profit can be made from $75 an ounce, but the logistics of quality control will be difficult. (And yes I know hemp need's less nutrients than smoking cannabis and in fact if you till hemp into the ground it grow it and continue you will enrich the soil to incredible amount far more than it's initial expenditure, a feat achieved by few plants save off the top of my head for pole beans. Hemp mainly need's a large amount of nitrogen, but budding cannabis is a cocktail of nutrients for different stages most notably the potassium level necessary during flower. But all the nutrients necessary can be gained from WASTE therefore nutrients are a not the greatest expense all things considered.) But back to my point because as UncleBuck has stated and I stated earlier with my statement about Phillip Morris there is a way to make it profitable despite the tax issues but the only way to do that would be with an incredible amount of plants. As in your crop's going to be on google maps big... plus the initial overhead to maintain profitability by automating as much as possible as to lower employee expenses, has to be staggering.

UncleBuck said:

$3/gram = $75/ounce, that's plenty. the key is to grow more, more more.

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84 to be exact. Let's say 80$ that's 1300$ a lb. You said 15 lbs a plant at 100s of plant count? Sounds like $$$$$ to me

TokeHoldCough said:

84 to be exact. Let's say 80$ that's 1300$ a lb. You said 15 lbs a plant at 100s of plant count? Sounds like $$$$$ to me

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Yea that's one point I must politely disagree with UncleBuck about to an extent. A 15 lb plant dried weight is possible outdoors, but that's under super friggin' ideal conditions that we just don't get here in the northwest. Although if anyone has documentation, grow journal something to disprove me I would love to see it. And then rain +rep's upon them if it's here on RIU.

Master didn't say that. The dude with the angel fuckin the devil avi said that. 15-20lbs a plant actually but I was giving you the benefit of the doubt. Even then!! 15lbs a plant would not only need that. But, how long are we talking vegging? 4-6 months? Even if we vegged em inside(again the benefit of the doubt) because there's no way we get 4-6 strait months of good weather, plus some for flowering. Theirs no fuckin way. But let's say we vegged em inside, you have to take into account electric bills for 18 hours of light for 100+ plants for 4-6 months strait. Sure were talking millions$ turn arounds in cash cropping. But, how much are we REALLY profiting?

no one will ever commercially produce a 15 pound outdoor plant in the northwest.

and yes, i did fuck up the math. i thought 3 x 28 = 74, but it's 84. brain fart. still a ridiculous amount given how low production costs can be.

i look forward to the price of cannabis going down while quality remains as high. it might not happen though.

"When they don't have beef or food or fruit to eat, what are they going to do, just smoke pot?" she said.

Lol at this part! Hilarious!

UncleBuck said:

$3/gram = $75/ounce, that's plenty. the key is to grow more, more more.

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Thats not $84 in profit...Did you forget that 25% of the $84 goes to the state in taxes (privledge to grow tax)...then you have your B.O. taxes....thats just the state of Wa.

Now figure your Federal Taxes (30% no deductions allowed).. that $84 will loose around 50-60% to taxes... so mabey $35 or less a oz profit??? Less your cost to grow and harvest

In washington we can grow outdoor but our season ends in sept oct cause of rain....some summers are not decent enought to prevent bud root (Western Wash.)

.......................growing indoor it costs me $2-3 a g to produce without any laborers.....so hows a person gunna sell it for $3 a g to the proccesor???................

I would be thinking about growing hemp commercially on a farm.... not marijuana...then the need for importing hemp from foreign countries will stop and jobs would be made here

This guy is a real farmer. I'm sure he would have no problem growing it on his farm. Seems like an ideal candidate to be a commercial grower because he already has the land, the experience, the machinery, probably a clean criminal record and pays his taxes on his other businesses. He would have to follow guidelines and he would be distributing it to a manufacturer not teenagers on the corner. I don't see the problem other than potential federal charges.

UncleBuck said:

$3/gram = $75/ounce, that's plenty. the key is to grow more, more more.

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That Sir is when Quantity becomes more important that Quality! And you will be getting WalMart Weed from the state!

'I grow weed now instead of pigs'

colonuggs said:

Thats not $84 in profit...Did you forget that 25% of the $84 goes to the state in taxes (privledge to grow tax)...then you have your B.O. taxes....thats just the state of Wa.

Now figure your Federal Taxes (30% no deductions allowed).. that $84 will loose around 50-60% to taxes... so mabey $35 or less a oz profit??? Less your cost to grow and harvest

In washington we can grow outdoor but our season ends in sept oct cause of rain....some summers are not decent enought to prevent bud root (Western Wash.)

.......................growing indoor it costs me $2-3 a g to produce without any laborers.....so hows a person gunna sell it for $3 a g to the proccesor???................

I would be thinking about growing hemp commercially on a farm.... not marijuana...then the need for importing hemp from foreign countries will stop and jobs would be made here

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I second this man! How is ANY person or company gonna just setup a big ass 100+ plant grow, drop thousands of dollars on a permit/growsite/overhead/employees/Lights, soil, nutes, genetics, hydro equipment/Secerity all that shit and all the costs of learning to grow? And they are all chomping at the bit to sell to the state for $97 or $84 an oz? I call BS on that! And the answer to fix all of this is grow more? Growing more cost more money!

And I just can't believe that a grower is going to sell to the state for $84 when they can walk out the front door and sell it for $280!

And further more the state can't pay the grower more because their pesky %75 tax gets in the way! So end price of oz's can't go up to much when you can buy them all day long for 220, all ya gotta do is know someone with a MMJ card! the street sales of MMJ and ilegal MJ are going to go up! Everyone needs to start growing more to get ready for tourism! Shit it may be benificial to hold onto some weed! Investing in the weed market! Come December shops should be going up, and the price of weed will be too!

There is alot of misinformation in this thread. There will be three levels of state license. Producer (grower), processor (packager), and retailer (shop owner). The state will not be running any of these just overseeing and taxing. A 25% sales tax will be added at each of the transactions. Here is how the state thinks it would work: Grower would make $3 per gram. Processor would pay grower $3 plus $1 in taxes total now $4 gram. Processor would add $3 per gram and sell to the retailer for $7 a gram. Retailer would pay the processor $7 plus $1.75 taxes, total now $8.75. Retailer would add $3 per gram and sell to public for $11.75 per gram plus tax of $2.94 or $13.69 or $383.32 per oz. These number are state estimates I think the profit per gram will be more like $2.50 at each level. A person will be allowed to have both a producer and processor license. This mean I should be able to make $5 per gram for growing and processing buds minus cost to grow. I think I can do ok at $2200 per lb. Big corporations will not get involved while it is still illegal with the feds. Large scale operations over 100 plants will be risking federal prison guidelines. For a small producer with the right size operation there will be money to be made. I will be investing in just such an operation, I am in the process of buying the land on which to build my green empire.

Actually the dispensary by my house just had blueberry for $200/zip and they were offering 1/2 ounces for $100....under this current market. So how is the state going to handle dispensaries charging $200/zip if they try to charge more? Dispensaries aren't going anywhere and the law is supposed to not affect them, only non medical patients...

tumorhead said:

Actually the dispensary by my house just had blueberry for $200/zip and they were offering 1/2 ounces for $100....under this current market. So how is the state going to handle dispensaries charging $200/zip if they try to charge more? Dispensaries aren't going anywhere and the law is supposed to not affect them, only non medical patients...

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You don't think the dispensaries are going to raise their prices? They are going to keep their "Meds" at $200 when it is worth over 300? What out of the goodness of their heart? We will see, I love seeing the hope in your fellow man! I just don't share your optomisim for the future and your $200 Blueberry oz's! Unless it is dirt weed, I can't believe that dispensary could sell it that cheap! I can't imagine how much they ripped off the grower, or it was outdoor from Cali? Who knows, maybe that dispensary is one of the greats? Has top shelf weed for $200 a zip?

Now the other thing that you aren't realizing is that the dispensaries are supplied by growers! Now if the price of an oz of mids at the state level is in the 3-400 range, what would be the motivation for growers to sell the dispensaries at $150 an oz? If they are selling for 200 they bought for 150-160! I may be stupid as fuck, but I don't see Dispensaries and MMJ growers taking $200 donations when they can EASILY get $300! If anyone could break this down why basically "drug dealers" IE dispensaries are going to keep the price low on their top shelf oz's! We will see how it all turns out! It will be interesting my weed smoking friends, I know my bowl wont be empty!

You know let him try how is that hurting us lol. I think it is fucking funny.. But you never know skies the limit if you are motivated with some capital to start and the licenses ya need.

Howard Stern said:

You don't think the dispensaries are going to raise their prices? They are going to keep their "Meds" at $200 when it is worth over 300? What out of the goodness of their heart? We will see, I love seeing the hope in your fellow man! I just don't share your optomisim for the future and your $200 Blueberry oz's! Unless it is dirt weed, I can't believe that dispensary could sell it that cheap! I can't imagine how much they ripped off the grower, or it was outdoor from Cali? Who knows, maybe that dispensary is one of the greats? Has top shelf weed for $200 a zip?

Now the other thing that you aren't realizing is that the dispensaries are supplied by growers! Now if the price of an oz of mids at the state level is in the 3-400 range, what would be the motivation for growers to sell the dispensaries at $150 an oz? If they are selling for 200 they bought for 150-160! I may be stupid as fuck, but I don't see Dispensaries and MMJ growers taking $200 donations when they can EASILY get $300! If anyone could break this down why basically "drug dealers" IE dispensaries are going to keep the price low on their top shelf oz's! We will see how it all turns out! It will be interesting my weed smoking friends, I know my bowl wont be empty!

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I was just in there on Monday and they had ounces again for $175-$200. Greenside Medical on lake city way...

Have you seen the competition of meds here in Seattle? There are more than 100 dispensaries.......all competing for your business...

tumorhead said:

I was just in there on Monday and they had ounces again for $175-$200. Greenside Medical on lake city way...

Have you seen the competition of meds here in Seattle? There are more than 100 dispensaries.......all competing for your business...

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Cool I am glad everyone can get good meds for a good price! My thinking is who is growing and selling to a dispensary for under 125 a zip? If the dispensary is selling at 175-200 what are they paying the grower? And if they are paying 125 or less an oz then it is probably outdoor weed, or low quality. Fuck it I hope like hell I am wrong, anyone wants to move top shelf weed for $125 or less a zip you can give ol Howie a call up here I'll take it all!

Seems WA is looking at commercial grows like CO. license fees, rules about $500,000 investment to weed out les desireables. All plants barcoded.

Dispensaries are, and always have been, dope stores owned and run by dope dealers.

The system of "Medical Marijuana" is like a stage setting in which we act our prescribed parts and get to buy weed from the dispensaries.

As the prohibitions relax, I expect the whole MMJ scene to fade away and be replaced by personal grows, weed stores, and cannabis based medicines from regular pharmacies.

I took top shelf to some stores and they said great we will give ya $100 how many pounds do you have, I walked out. I have a list of paitents that call me and pay $200 per zip minimum and no brakes for more than one. I cant wait tell the state gets the price back up. Oh their are large producers from cali and Colorado waiting to get in here. As for personal grows they have been here for years just not every one can grow dank shit.