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How the marijuana ‘green rush’ fell apart

washingtonpost.com

91–100 of 231 posts

Re: How the marijuana ‘green rush’ fell apart

#91
post #49

Earlier quoted context omitted.

There's a reason why there are dispensaries for ohioans set up just across the michigan border.

I believe the acceptable mold level in Michigan is 10x that of Ohio. Price is only one component, many people like a tightly regulated medical market to ensure safety.

Or the tight regulation produces higher prices without any particular improvement to the product (e.g. taxi medallions). “tightly regulated” != “better”

Re: How the marijuana ‘green rush’ fell apart

#92
post #12

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.

Tomatoes and peppers grow great in hydroponic setups but good luck in profitability.

Re: How the marijuana ‘green rush’ fell apart

#93
post #50

Earlier quoted context omitted.

I think if people were more open to it culturally it would be used a lot more. I know plenty of my elderly relatives who would benefit switching from opioids to this for their chronic pain, but they grew up being fed lies about the drug that precludes them ever experimenting. Socially its also not up to the level of alcohol is even in California. Every work event I have for instance has a selection of beers and wines…

I'm still shocked we don't have a weed emoji. There's at least 7 for booze.

Maple leaf, all the tree emojis, there are plenty.

Re: How the marijuana ‘green rush’ fell apart

#94
post #12

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.

Potentially: Growing veggies in Alaska and other far north places where people have trouble getting veggies at all and typically pay crazy high prices compared to what people pay elsewhere.

Re: How the marijuana ‘green rush’ fell apart

#95
post #83

The 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…

Great observation. I think people without a ton of experience with weed fail to appreciate just how different it is compared to alcohol. Back when weed was illegal I used to have a joke I would make with dealers. I would ask them what the strain of the weed I was buying, and usually they would tell me it was some Sour Diesel Purple Hurple Haze Hybrid or whatever (they were making it up on the spot most of the time, I…

[dead]

Re: How the marijuana ‘green rush’ fell apart

#96
post #3

I 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…

And the revolution will be corporatized.

Once the federal level stuff gets sorted out, you think ma and pop growers will be able to compete with big tobacco or some other outfit? This is a dependency-forming market opportunity. It's likely a 10s of billions market, maybe hundreds. Alcohol is 287 billion per year.

I guess the only good news is that cannabis is a lot easier to self-produce than tobacco.

And once they figure out how to get nicotine into cannabis...

Re: How the marijuana ‘green rush’ fell apart

#97
post #86
post #30

Earlier quoted context omitted.

You can get a lot more than $500 off a single plant. Outdoors grown right into the soil, you could get a pound or more off a single humongous plant, and in California with a medical card you can have 12 of these plants growing at once. Even a small indoor tent grown plant is good for like 5-6 oz or more 3-5 months from start to harvest. Genetics are great these days for seeds and clones. Imagine parting that out for…

You think bulk growers are making significantly more than $500 a lb? $30/g was fictional even before legalization.

I've been out of the game for a little bit, but bulk rates for black market weed was about $1000/lb a few years after legalization in CO.

Re: How the marijuana ‘green rush’ fell apart

#98
post #47

Earlier quoted context omitted.

There are high-end weed products out there. High quality wax, concentrates, and edibles for discerning customers exists. Certain dispensaries also specialize in higher quality product. I enjoy many of these myself as legal weed in my area is still much cheaper than alcohol and I prefer the product. Wine has had a stable market for centuries with products aimed at many customer segments, high and low quality segments…

>discerning I have serious gripes with the high end market in the dispensary. For example, Stiizy will sell you a gram of distillate in a cartridge for $60. It's the exact same product as the one being sold in that same dispensary for $20 from a brand with less instagram presence. Distillate is pretty much commoditized. Also the entire $60 1/8th market is absurd to me, it seemingly exists for people who assume price…

I am not sure what state you live in but $60 for an 1/8 is way above what one could expect to pay for "top shelf" bud here in Washington. But then again we currently have a "weed surplus" and it seems every store has a 30% sale off twice per week.

Re: How the marijuana ‘green rush’ fell apart

#99
post #12

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.

Well, it's been a joke (at least around me) for a long time that weed was just like tomatoes to grow. If someone can figure out how to pull off a good quality heirloom tomato variety that works even in the dead of winter, that sure would be nice.

The hard part is finding someone to pay $500/pound for tomatoes.

Re: How the marijuana ‘green rush’ fell apart

#100

Earlier quoted context omitted.

Wait, why in the world would they go to Oklahoma to grow? That is like asking for trouble from the law.

https://www.nytimes.com/2021/12/29/us/oklahoma-marijuana-boo...

It's funny that marijuana advocates wasted decades pleading their case under the guise of personal freedom, social equity, compassionate use, and the like.

Turns out all it took to convince the right was showing them the money.

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