redi jedi
Well-Known Member
Yes I understand that but considering what they will be selling extracts for...they still have way too much production already.
Storage.
- Thread starter gb123
- Start date
itsmehigh
Well-Known Member
As I see the numbers, 7000kg for 30,000 patients. That's only 233 grams per patient in storage. Hypothetically that's less than a month and a half of supply for 30,000 MMPR patients at 150g/ month.
Not saying that hc number are accurate but their numbers shows room for more production just to satisfy the extracts.
Itsme.
itsmehigh
Well-Known Member
Exactly, if your $150,000,000 vault is full, you got bigger problems. Your growing shit nobody wants. My goal is to have an empty vault. Why do I need a lv10 vault if there's never going to be anything in it????
Itsme.
redi jedi
Well-Known Member
Ok but are those 30,000 patients actually buying from LP's? maybe once?
itsmehigh
Well-Known Member
So far yes, cannabis is valued at $10,000 kg. Doesn't specify extracted only cannabis.
Itsme.
oil or herb?
they sell oil @ 90 /gram plus plus plus...
so much for dry herb
are ya following along yet Johny?
floor scraps are 10 dollars a gram
along with anything that has thc on it...
itsmehigh
Well-Known Member
Exactly. That's the reality of it. Everything needs to be taken with a grain of salt. Who's numbers do we believe.
Itsme
itsmehigh
Well-Known Member
According to the Controled substance and drug act......oil or herb?
they sell oil @ 90 /gram plus plus plus...
so much for dry herb
are ya following along yet Johny?
Cannabis and all its derivatives is valued at $10,000/kg.
Derivatives means oil to me.
Itsme.
itsmehigh
Well-Known Member
Ding, ding, ding......that way you don't need to QA and test the cannabis, only need to test the oil. Any cannabis that fails QA can be used in extracts, as long as the finished product passes you can sell it.
Itsme.
cannadan
Well-Known Member
Oh I see ...now
They are banks...when you consider that the paper money equivalent is basically worthless.
I gotta figure out how to make a car run on hash oil....
We are about to have the next big oil boom......
In reality 150,000,000 in storage.....they would want to devalue oil as a base product which will
be basically worthless,until they add it to the propellant or matrix like chia oil and then all of a sudden its worth a bundle....
They are banks...when you consider that the paper money equivalent is basically worthless.
I gotta figure out how to make a car run on hash oil....
We are about to have the next big oil boom......
In reality 150,000,000 in storage.....they would want to devalue oil as a base product which will
be basically worthless,until they add it to the propellant or matrix like chia oil and then all of a sudden its worth a bundle....
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cannadan
Well-Known Member
I can see there could be.... a future need for mass in bedrock storage of this by product weed oil....due to the volume of this stuff that they could create. Imagine crop after crop of mj grown legally outdoors...and all the associated waste product
-. It eliminates all the waste products from the medical and legal rec sides of mj and mmj...
-. by the addition of alcohol we can create another product by stripping all the actives and carbon off of the plant material.
- so basically a man made crude oil mixed with ethanol to create fuel....
all the basic ingredients would be man made allowing us to create somewhat different fuel sources than we currently use
and it could be considered a renew-able resource
-. It eliminates all the waste products from the medical and legal rec sides of mj and mmj...
-. by the addition of alcohol we can create another product by stripping all the actives and carbon off of the plant material.
- so basically a man made crude oil mixed with ethanol to create fuel....
all the basic ingredients would be man made allowing us to create somewhat different fuel sources than we currently use
and it could be considered a renew-able resource
On a 10 hectare plot (quite small by most farm standards) you could produce 5000 kg (yes KILOGRAMS) of cannabis oil/resin/bubble hash. At $1/g that is 5 million dollars. All the plant waste can be fermented into ethanol, used as animal feedstock or used to make building materials. The price of cannabis oil will drop drastically once large scale farm operations become a reality (I estimate 10-15 years worldwide). Good quality bud will remain relatively expensive because of the human labor required to tend the plants and trim the buds.
cannadan
Well-Known Member
Welcome Aliquot
There plenty of us with enough vision of what could be done with mj and mmj
I'm just not sure if anyone will listen,they just see dollar signs...and would take your model above and ramp the profit up
to 5 bucks per gram..and go for the 25 million that's attainable.
I just wish the profit hounds would back off and allow a free market in mj and mmj to grow and suffer the price fluctuations
that a supply versus demand system would set up.
We all know there is plenty of money that can be added to the models that are set up..but as mmj user...I would only be interested in the 1 buck per gram model or less....since I can grow it for that.