Is there any other markets that the same hydroponic equipment could be used for that's profitable? Or maybe just the greenhouses and gardening equipment, since hydroponic has a limited set of vegetables/plants that it can grow.
How the marijuana ‘green rush’ fell apart
21–30 of 231 posts
Re: How the marijuana ‘green rush’ fell apart
#22I spent about 4 years actively growing weed before it was "legal." in San Francisco. Because mine was indoor/soil/organic and didn't require driving up to Ukiah or waiting for the outdoor harvests, I got the same premium rates for it that are noted in the article. As soon as I realized that weed was eventually going legal, I stopped entirely because I could see the writing on the wall. It was becoming commoditized to…
In Michigan now that its legal the prices have plummeted. I just saw a place advertising $100 for 2 full ounces for new recreation customers. Thats an insane deal. I'm sure its not the best stuff but its a shocking amount.
Re: How the marijuana ‘green rush’ fell apart
#23This reminds me of the strawberry growers here in Australia, QLD. Many farmers switched to strawberries and the market was flooded for one season. They were literally selling them by the kilo when previously punnets (250g) were 3-5 dollars each. Lots of farmers switched to other more stable crops. The big players stayed and the small farmers producing high quality fruit continued. The market stabilizing. Interesting…
Off topic. I've been appalled at how tasteless store-bought strawberries in the U.S. have become. I don't know happened, a change in cultivar? 12 years ago I could buy flavorful strawberries in the U.S., today I cannot. I hope they have more flavor in AU.
We'll buy a pint of massive, red, perfect looking berries that have zero flavor before we'll buy a smaller, dented berry that has the best flavor on the planet. Add to that the berries tend to be picked green and shipped long distances and you have the perfect maelstrom for the next 'red delicious' debacle.
Re: How the marijuana ‘green rush’ fell apart
#24Re: How the marijuana ‘green rush’ fell apart
#25Earlier quoted context omitted.
In Michigan now that its legal the prices have plummeted. I just saw a place advertising $100 for 2 full ounces for new recreation customers. Thats an insane deal. I'm sure its not the best stuff but its a shocking amount.
I mean $100 for 2 ounces of the marijuana plant in particular isn't cheap at all. There are some 'mild' complications in growing it, but in theory it should end up more like a bulk farming product where we talk about dollars per pound on the retail side, and dollars per ton on the wholesale side.
Re: How the marijuana ‘green rush’ fell apart
#26Earlier quoted context omitted.
Off topic. I've been appalled at how tasteless store-bought strawberries in the U.S. have become. I don't know happened, a change in cultivar? 12 years ago I could buy flavorful strawberries in the U.S., today I cannot. I hope they have more flavor in AU.
Because consumers in the US buy on size and appearance and not taste. We'll buy a pint of massive, red, perfect looking berries that have zero flavor before we'll buy a smaller, dented berry that has the best flavor on the planet. Add to that the berries tend to be picked green and shipped long distances and you have the perfect maelstrom for the next 'red delicious' debacle.
Re: How the marijuana ‘green rush’ fell apart
#27Crops have a shelf life and a consumption window - they are perishable. There’s enormous investment going on in technologies to enhance the storage of downstream products. That will pay off, in the same way that the excess crops of the Ohio valley were profitable once they could be converted to alcohol. Today’s glut is an abundance of raw material that indicates demand for some method to store the product longer.
Isn't the oils and extracts that solution for the long term storage? What's missing?
Re: How the marijuana ‘green rush’ fell apart
#28This reminds me of the strawberry growers here in Australia, QLD. Many farmers switched to strawberries and the market was flooded for one season. They were literally selling them by the kilo when previously punnets (250g) were 3-5 dollars each. Lots of farmers switched to other more stable crops. The big players stayed and the small farmers producing high quality fruit continued. The market stabilizing. Interesting…
Off topic. I've been appalled at how tasteless store-bought strawberries in the U.S. have become. I don't know happened, a change in cultivar? 12 years ago I could buy flavorful strawberries in the U.S., today I cannot. I hope they have more flavor in AU.
https://www.latimes.com/archives/la-xpm-1996-04-21-mn-61072-...
[edited to add: see also: https://homeguides.sfgate.com/interesting-chandler-strawberr... -- but there are a lot of astroturf pieces out there also]
Camarosa ships well (high firmness), but the taste really isn't there.
That replacement was more of a circa-2000 thing. Perhaps the further decline since then has been due to relocation of berry production even farther away from U.S. markets (e.g., in Mexico or Central America).
You can still get the other varieties from local producers, at least where I live in southern California. The taste difference is enormous, it's worth going to a farmer's market just for the berries.
Same kind of thing has happened with tomatoes.
Re: How the marijuana ‘green rush’ fell apart
#29The cannabis boom seems to have been predicated largely on the assumption that it would resemble the high-end wine market, with expensive vintages, "budtenders", etc that can support lots of boutique farms and retailers. But it looks more like the future will resemble the tobacco industry, with slim profit margins and a handful of conglomerates controlling production. And in reality, for wine as well, LVMH owns many…
I don't feel like founders, employers, consumers or anybody standing nearby ever believed that.
But founders had to convince investors.
Re: How the marijuana ‘green rush’ fell apart
#30I live on the Oregon/California border, where a lot of growers spilled over from Humboldt County and elsewhere. I've seen a few ups and downs in the market, but nothing like what happened over the last two years. There was a moment in 2020 when more acres of weed were being grown than alfalfa . Neighbors were signing multi-year contracts to rent out their water rights. And oh, all of the terrible behavior that the ru…