Thinking About Growing Commercial Marijuana...

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HoLeChit

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TwoForFlinching

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So.... 1700lbs of green stuff..... at the average price in OK of $190/oz for low grade dispensary medical stuff, that's $5,168,000. Per year? Harvest? Either way, that's a lot of money. I'm a little curious as to why they're up and leaving though.

$190/oz is nowhere near wholesale value. Even then, each plant isn't harvested and sold off right away. Each batch must be randomly sampled for lingering fertilizers and other chemicals to be proven clean and pure. One hit on one plant, you must destory the entire crop. The big money is selling the dab reductions. Honey oil. It sells by the gram, people smoke it with crackpipes. Even still, wholesale is +/- $5500 per quart, if it passes the rigorous testing. Most of what sits on shelves today was harvested, packaged, and stored months ago. You can make a living amd employ some people, but few are rolling in mass cash.

You want to make a 100% legal pile of cash off the marijuana industry, sell growers supply and target the grow industry and those growing their own.
 

James Abram

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So what are all these cannabis businesses doing with their cash profits, piling it up somewhere hoping that the feds eventually legalize their trade?

That’s exactly what they do. Pay most of their bills with bank checks and money orders, some with cash. Stacks of cash in safes. I have some very good customers who pay in Benjamin’s, lots of Benjamin’s.


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JD8

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So.... 1700lbs of green stuff..... at the average price in OK of $190/oz for low grade dispensary medical stuff, that's $5,168,000. Per year? Harvest? Either way, that's a lot of money. I'm a little curious as to why they're up and leaving though.

Probably getting their rear kicked by indoor operations.

Average wholesale price is ~$1200-1500 max per lb from what I've been told. So 2.5 million....Max.
 

Judi

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Small shops selling Very Very high quality weed, gummies, dabs, hash...very be the ones making money, staying in business....Anybody can buy and sell the SAME weed ...different silly name. But...to have kick in the pants silly smile sit down weed...is still a hard find any place in the state.

Most small stores should carter to smokers.... bong smokers the pot is a little different in drying, curing the pot :) rather then just drying..., types of smoke heavy, more piney, more flavor, smelly ...grow 1,000 plants...keep only twenty best.

Think trimming is easy...wait till your first big harvest, fourteen hour days trimming cause it'll go bad if you don't...think your hand won't hurt, that smell...your in for something...better eat a few gummies and put the radio on.

If your the grower, processor, and seller.....you'll make money. Just keep building your base clients and let the word of mouth spread...like a good place to eat. So there will be smoke clubs and bars...replacing the corner taverns of old.

Wait till it's legal...and internet sales send fire across the country to blue states...nothing like free market to take away the blue states tax base...
 

SMS

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You want to make a 100% legal pile of cash off the marijuana industry, sell growers supply and target the grow industry and those growing their own.

Yup, and the big companies have already figured that out too. Companies like Scotts Miracle Gro are already strongly positioned in the grower supply market.

This is not the time to be a late adopter unless, like others have said, you have a real niche or innovative product.
 

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