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WA State releases MJ fact sheet

Drgordy Permalink
Drgordy http://www.liq.wa.gov/publications/Marijuana/I-502/Fact-Sheet-I502-11-7-12.pdf

According to the fact sheet...
A producer will get $3 per gram. That figures to $84 per oz (3.00 x 3.5 grams x 8). Why would anyone grow for that little in return?

A processor will get $6 per gram. That figures to $168 per oz. Why should a processor double there money for just trimming and maybe drying the bud? They have little to no overhead compared to the producer.

A retailer will average $12 per gram. Figuring $336 per oz. Again they double their money for operating a store front? Plus as a consumer I would never pay that much for bud. Plus the consumer has no legal reason to not buy from the black market.

I just don't see this system working out.
Score: 1

Jimmymac03 Permalink
Jimmymac03 @Phishem what say you?
Score: 1

Sprachtor Permalink
Sprachtor Government is in so much debt their only alternative is to become the worlds biggest dope pusher.
Score: 0

Drgordy Permalink
Drgordy I don't know the prices for bud out in WA, but in Maine MMJ goes for $250 an oz from a caregiver. It's high quality, organic, medicinal grade bud. Dispensaries are more expensive, around $350 an oz.

I guess the system really is going to rely on uninformed consumers in order to survive.
Score: 0

Jimmymac03 Permalink
Jimmymac03 @Sprachtor said:
Government is in so much debt their only alternative is to become the worlds biggest dope pusher.
Really? Or maybe the laws are catching up with what people really want.

edit: yes of course some folks are siding with more money for the government. I just want to be clear this is not the ONLY reason for the change in laws.
Score: 0

Harrynuggs Permalink
Harrynuggs Seems like they are pretty much in line with the black market prices.

In Vt nice outdoor is running for 250.00 if you know people. Indoor is running 300.00-400.00 and has been for the last 10 years.
Score: 0

Sprachtor Permalink
Sprachtor @Jimmymac03 said:
@Sprachtor said:
Government is in so much debt their only alternative is to become the worlds biggest dope pusher.
Really? Or maybe the laws are catching up with what people really want.
Perspective, the beauty that enables us to each live our own individual lives. Maybe you are right, I don't know. I do know that the numbers would argue my side of the story meaning the majority of American citizens do not smoke.
Score: 0

lizard Permalink
lizard @Drgordy said:
http://www.liq.wa.gov/publications/Marijuana/I-502/Fact-Sheet-I502-11-7-12.pdf

According to the fact sheet...
A producer will get $3 per gram. That figures to $84 per oz (3.00 x 3.5 grams x 8). Why would anyone grow for that little in return?

A processor will get $6 per gram. That figures to $168 per oz. Why should a processor double there money for just trimming and maybe drying the bud? They have little to no overhead compared to the producer.

A retailer will average $12 per gram. Figuring $336 per oz. Again they double their money for operating a store front? Plus as a consumer I would never pay that much for bud. Plus the consumer has no legal reason to not buy from the black market.

I just don't see this system working out.
i dont see this being far off from what prices are today.

about $1300 for a lb of high quality buds? never bought on that level..

then middle man makes double, and street level retailer doubles again. seems fair to me

and thats $42 an eight to the smoker, fair price
Score: 2

Drgordy Permalink
Drgordy @Harrynuggs said:
Seems like they are pretty much in line with the black market prices.

In Vt nice outdoor is running for 250.00 if you know people. Indoor is running 300.00-400.00 and has been for the last 10 years.
I guess it really depends on where you live and if MMJ has been legalized.
Score: 0

Sprachtor Permalink
Sprachtor @Jimmymac03 said:
@Sprachtor said:
Government is in so much debt their only alternative is to become the worlds biggest dope pusher.
Really? Or maybe the laws are catching up with what people really want.

edit: yes of course some folks are siding with more money for the government. I just want to be clear this is not the ONLY reason for the change in laws.
Oh Jimmymac, money makes the world spin. It's always about the money. When you think it isn't, ask yourself again.
Score: 1

Drgordy Permalink
Drgordy I guess my point is, that one could do all three jobs, or at least producer and processor, make more money for themselves and avoid paying the taxes which are 25% on each level of exchange.
Score: 0

freezertweezer Permalink
It will be just like CA, growers will supply the rest of the countries black market to get by. Even in louisiana i cant tell you the last time i found any bud not from CA or CO
Score: 0

Jimmymac03 Permalink
Jimmymac03 @Sprachtor said:
Perspective, the beauty that enables us to each live our own individual lives. Maybe you are right, I don't know. I do know that the numbers would argue my side of the story meaning the majority of American citizens do not smoke.
I have no research to back me up here, but I am starting to think a lot more people are smoking than most people think. This is what I attribute the change in attitude/laws too. I actually read an article sometime last year that was discussing a new trend in high class society. According to the author the new trend in high society parties was to pass a joint instead of having martini's (for example).

I also know that as I am getting older more and more people who were "my elders" growing up smoke pot. My own Father who is more republican/conservative than dem/liberal smokes pot. I would get in a world of trouble when caught with weed as a kid, but now that I am an adult (only in age mind you) suddenly it is okay. I think that is odd, but that is how he chose to raise us.
Score: 0

Drgordy Permalink
Drgordy There are 16 oz in a pound.

$336 x 16 = $5376

Over priced
Score: 1

WookiePhart Permalink
When you break it down and they are selling weight this is not far off. 1300 a pound is more than I would have to pay in CO from a grower. its only 1200. They will be producing so much that it will definitely be worth it
Score: 0

Jimmymac03 Permalink
Jimmymac03 @Sprachtor said:
Oh Jimmymac, money makes the world spin. It's always about the money. When you think it isn't, ask yourself again.
Uhg, I know. I am too idealistic most times. Need to remind myself of this all the time. You may say I am a dreamer, but I'm not the only one :)
Score: 0

lizard Permalink
lizard @Drgordy said:
I guess my point is, that one could do all three jobs, or at least producer and processor, make more money for themselves and avoid paying the taxes which are 25% on each level of exchange.
loopholes
Score: 0

WookiePhart Permalink
from the processors point of view $80 per ounce you are still making 1280 per pound. This is a lot of money.
Score: 0

Harrynuggs Permalink
Harrynuggs I hope it makes the black market prices come down. Mass passed and I have no idea how I can possibly get a card. 37 year old man with no previous ailments. I am going to ask my doctor though. How should one present the question?
Score: 0

Drgordy Permalink
Drgordy @WookiePhart said:
from the processors point of view $80 per ounce you are still making 1280 per pound. This is a lot of money.
Yea is a great deal for a processor. Trim, weigh, and package.

I think the grower is getting screwed. The processor is an unneeded middle man and just another transaction that the state can tax.
Score: 0

Drgordy Permalink
Drgordy @Harrynuggs said:
I hope it makes the black market prices come down. Mass passed and I have no idea how I can possibly get a card. 37 year old man with no previous ailments. I am going to ask my doctor though. How should one present the question?
Eventually, word will spread about which doctors are willing to recommend it and which doctors are more relaxed when it comes to a patient aliments meeting the criteria.

That's what has happened in Maine. You can look up a doctor in your area and private pay for the visit.
Score: 0

noodlesmcintosh Permalink
Over looked here too, is even if the numbers are slightly lower, there's no risk of going to jail for growing/selling which is probably worth giving up some profit.
Score: 2

retired_from_dotnet Permalink
retired_from_dotnet I think it sounds great on paper but like @Drgordy mentions I don't know any grower i.e. the person who puts most time and effort to the end result, doing it for so little return. More people will flock to the medical side because patients can grow 15 plants and have 4lbs on them at any given time. @noodlesmcintosh in WA it is a felony to grow or sell without state approved license except for patients.

Like I have mentioned before in other threads, I don't believe it is WA's intention to make money off the sales but from DUID's. However, the King County prosecutor is dropping all pending possession charges, so maybe I am wrong?? That is the easiest way for any government to make money off weed... quit arresting and prosecuting stoners and you will make WAY MORE by saving those funds than trying to tax a plant anybody can grow.

short answer: Black market/ Medical MJ thrives State makes minimal on sales more on DUID/prohibtion.
Score: 0

Drgordy Permalink
Drgordy 75% tax
10% sales tax
Limits on THC content
Ordinary citizens can't grow

No thank you
Score: 1

retired_from_dotnet Permalink
retired_from_dotnet @Drgordy said:
75% tax
10% sales tax
Limits on THC content
Ordinary citizens can't grow

No thank you
Exactly very frustrating for freedom fighters out here in WA. Colorado has a good model and I applaud them! Hopefully the nation follows in CO's footsteps not ours.
Score: 0

jerryguscia Permalink
jerryguscia @Sprachtor said:
Government is in so much debt their only alternative is to become the worlds biggest dope pusher.
Somebody needs to make a picture with the lyrics to Pusherman (I'm yo mama, I'm daddy; I'm that nigga in the alley) captioning a picture of the United States (with arms and legs) selling some 14 year-old kid in a Sublime sweater a bag of grass.
Score: 0

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