|
Ellis Dee
Archangel



Registered: 06/29/01
Posts: 13,104
Loc: Fire in the sky
Last seen: 4 years, 10 months
|
Re: Why is quality weed so expensive? [Re: morrowasted]
#23778540 - 10/27/16 09:43 PM (7 years, 3 months ago) |
|
|
Quote:
morrowasted said: I can sort of understand why prices get fixed pretty high in a black market, but it seems like even in places where it's legal or sold medicinally the price doesn't go down a whole lot and sometimes it can even be MORE expensive. When I went to Spain I found out weed was quasi-legal in Barcelona and was sold in "Compassion Clubs" and I got a quarter for 55 Euros which at that time was about 85 bucks. It was qualitatively comparable to the weed I get in Texas, which I can get for $90 a quarter. In California the bud was a bit cheaper, I scored a gram of bud similar to what I smoke here for 10 bucks, and there was definitely some amazing stuff going around, but all that A++ stuff sold for the same price as what I pay here if not more.
It seems like in a legal market there ought to be investors and mass producers who are driving the price down, no? I don't know much at all about the weed growing process, is it really enough to justify the seemingly exorbitant prices we see on this small amounts of plant matter? I can't think of any other plant that costs this much by weight
Risk premium.
When I grew weed it was my life on the line. I knew if I was captured it was prison. I grew high quality and it commanded top dollar too. I would never have done it if there was nothing in it for me.
-------------------- "If the foundations be destroyed, what can the righteous do."-King Solomon And there was war in heaven: Michael and his angels fought against the dragon; and the dragon fought and his angels,
|
morrowasted
Worldwide Stepper



Registered: 10/30/09
Posts: 31,377
Loc: House of Mirrors
Last seen: 4 days, 22 hours
|
Re: Why is quality weed so expensive? [Re: Ellis Dee]
#23778547 - 10/27/16 09:45 PM (7 years, 3 months ago) |
|
|
I stated pretty clearly that I understood why prices were high in prohibition states did I not?
btw good post Shroomism thanks I enjoyed your little tangent about selling acid
|
topdog82
Death Spirit



Registered: 07/16/10
Posts: 7,992
Loc: California
Last seen: 5 months, 3 days
|
Re: Why is quality weed so expensive? [Re: yogabunny]
#23778556 - 10/27/16 09:48 PM (7 years, 3 months ago) |
|
|
Quote:
yogabunny said: Fucking well said, man.
Quote:
It's like the people who think people should just give acid away to everyone for free. Because it's acid. That's a great concept and all.. if you shit sheets of LSD or are made of money and don't care. But you can't feed yourself with nothing but sheets of acid, I've tried


But seriously morrowwasted; I am in cali. And you can get quality stuff for 10$ a gram
Fire in dispensaries is 20$ a gram. I mean the best stuff on the market is 20$ a g. In high school a buddy of mine bought oz's from a grower at $90. Thats pennies
I think texas just stigmatizes weed. As such, low supply. Low supply +high demand -> high prices
Also; spanish people don't take pride in their weed. People here in cali take weed very seriously. I don't smoke weed any more. So thats just me. But weed is a serious SERIOUS business endevor to most here. As such, most high school kids could afford to smoke daily and be high most of the time while not wasting too much of their cash. I know a lot of kids here in cali who have been stoned from the age of 14-15ish up until early 20's on shoestring budgets
|
Ellis Dee
Archangel



Registered: 06/29/01
Posts: 13,104
Loc: Fire in the sky
Last seen: 4 years, 10 months
|
Re: Why is quality weed so expensive? [Re: morrowasted]
#23778566 - 10/27/16 09:52 PM (7 years, 3 months ago) |
|
|
Quote:
morrowasted said: I stated pretty clearly that I understood why prices were high in prohibition states did I not?
btw good post Shroomism thanks I enjoyed your little tangent about selling acid
Yes you did. I didn't actually read what I quoted when I replied. Fair enough, my bad, forgive me I'm drunk.
But as it happens I remember a bit from my economics electives... I'll put on my economist hat and try to actually give an intelligent answer now.
I suppose that its because export demand eats up a lot of the weed. Commodities go where they can fetch the best market price. That's pure capitalism. The artificial demand from prohibition states like mine means that all your excess capacity gets exported and it doesn't move domestic prices much for that reason.
I could make some graphs to make a visual explanation to go along with my simple explanation, but like I said, I'm drunk right now.
-------------------- "If the foundations be destroyed, what can the righteous do."-King Solomon And there was war in heaven: Michael and his angels fought against the dragon; and the dragon fought and his angels,
|
DustBunny


Registered: 08/20/14
Posts: 10,404
|
Re: Why is quality weed so expensive? [Re: morrowasted] 1
#23778579 - 10/27/16 09:56 PM (7 years, 3 months ago) |
|
|
You can likely find tasty, frosty weed for <$200/ounce by you; "Cali/CO/OR mids" It's probably not be the most potent, obviously, but if you simply want to smoke properly-grown weed, it's just a matter of finding it. You've probably heard of ~$100/oz's of indoor/greenhouse in those states, that's what I'm talking about here. FWIW, younger kids seem to be more used to these cheaper prices and quality of bud. Some people would just rather pay more for especially potent weed. Many older people probably have been for years- The difference between $3,200/lb and $3,600 is relatively lesser than the difference between $2,800 and $3,200.
@Topdog I'm really curious as to why you don't think Spanish smokers take pride in their weed. A lot of of good genetics come from Spain.
--------------------
|
yogabunny
fancy cat



Registered: 11/01/09
Posts: 11,281
Loc: Nasty Women Get Shit Done
|
Re: Why is quality weed so expensive? [Re: morrowasted] 1
#23778659 - 10/27/16 10:28 PM (7 years, 3 months ago) |
|
|
Anyone who has a problem with the cost of cannabis should go ahead and price out the cost for a grow of about 24-36 plants using top of the line lights, genetics, soil, nutes and other essential equipment.
--------------------
|
Shroomism
Space Travellin



Registered: 02/13/00
Posts: 66,015
Loc: 9th Dimension
|
Re: Why is quality weed so expensive? [Re: yogabunny]
#23778727 - 10/27/16 10:48 PM (7 years, 3 months ago) |
|
|
For reals though. It can be done on the cheap for a few K.. not to mention the electric bill
--------------------
|
topdog82
Death Spirit



Registered: 07/16/10
Posts: 7,992
Loc: California
Last seen: 5 months, 3 days
|
Re: Why is quality weed so expensive? [Re: DustBunny]
#23778728 - 10/27/16 10:48 PM (7 years, 3 months ago) |
|
|
Quote:
DustBunny said: You can likely find tasty, frosty weed for <$200/ounce by you; "Cali/CO/OR mids" It's probably not be the most potent, obviously, but if you simply want to smoke properly-grown weed, it's just a matter of finding it. You've probably heard of ~$100/oz's of indoor/greenhouse in those states, that's what I'm talking about here. FWIW, younger kids seem to be more used to these cheaper prices and quality of bud. Some people would just rather pay more for especially potent weed. Many older people probably have been for years- The difference between $3,200/lb and $3,600 is relatively lesser than the difference between $2,800 and $3,200.
@Topdog I'm really curious as to why you don't think Spanish smokers take pride in their weed. A lot of of good genetics come from Spain.
well weed is part of our culture in cali. All my coworkers smoke it, or have smoked it. In india for example, I am sure there are quality growers. But when I went, the weed was shit. And it was stigmatized
In general, the same way amsterdam is "known" for its E, cali is "known" for its bud. I am not bragging or trying to get "greater than thou". I smoke a few times a year. I am not branding or advertising my state. Its practically a known fact that the most money, culture and awareness around weed on the entire globe is in california. As such, you get tons of high quality weed for cheap. I think its great. But the downside is people start smoking as young as 14 etc.
|
Shroomism
Space Travellin



Registered: 02/13/00
Posts: 66,015
Loc: 9th Dimension
|
Re: Why is quality weed so expensive? [Re: topdog82]
#23778745 - 10/27/16 10:52 PM (7 years, 3 months ago) |
|
|
That's true but I don't know why you are picking on Spain lol. Spain is legit. Unless by spanish people you meant Mexican lol. Far as I am aware, Spaniards are connoisseurs.
--------------------
|
abltsandwich
JFK = Jelly Donut




Registered: 06/16/09
Posts: 11,537
Loc: Dildoville
|
Re: Why is quality weed so expensive? [Re: topdog82]
#23778747 - 10/27/16 10:53 PM (7 years, 3 months ago) |
|
|
It costs a lot of money to set up and run a completely controlled and dialed-in environment cleanly, especially if you factor in labor. Running a commercial indoor operation on a scale big enough to meet the demand for the country, or state, or city, or anything is a huge logistical and financial obstacle. Electricity and water costs are staggering to run a big one. Sure you could make great weed on a small scale for relatively cheap, but the costs (and headaches) seem to go up exponentially with the square footage of the operation.
|
Enjoywho
Rags to Bitches



Registered: 07/06/09
Posts: 20,880
Last seen: 2 years, 6 months
|
Re: Why is quality weed so expensive? [Re: abltsandwich]
#23778773 - 10/27/16 11:00 PM (7 years, 3 months ago) |
|
|
Because you always get what you pay for? Goes for literally anything that you buy.
-------------------- "I don't give nothin' to nobody, I just pay the cost to do business." - Riley "Young Reezy"-Boondocks "The road to hell is paved with good intentions." "In the days of kings and queens I was a jester." "And then the great lord created bears... too many bears... shoulda really dialed back on the bears." Squidbillies "Can you start speaking words instead of your damn filthy lies!"- Louise "Bobs Burgers"
|
BrotherManBill
Time Traveler


Registered: 03/04/15
Posts: 347
Loc: Here
Last seen: 5 years, 1 month
|
Re: Why is quality weed so expensive? [Re: abltsandwich]
#23778779 - 10/27/16 11:04 PM (7 years, 3 months ago) |
|
|
Op, you need to find better connects, I can get a quarter of superb weed for $50, and ounces for $180. I can't understand how people pay those prices, I wouldn't tolerate that. Especially since I am a great customer.
|
BrotherManBill
Time Traveler


Registered: 03/04/15
Posts: 347
Loc: Here
Last seen: 5 years, 1 month
|
Re: Why is quality weed so expensive? [Re: yogabunny]
#23778806 - 10/27/16 11:13 PM (7 years, 3 months ago) |
|
|
Quote:
yogabunny said: Anyone who has a problem with the cost of cannabis should go ahead and price out the cost for a grow of about 24-36 plants using top of the line lights, genetics, soil, nutes and other essential equipment.

Sure, but the returns from even your first grow would take care of that. And then it's mainly profit after that, aside from a few minor expenses.
People charge those prices to make more profit, plain and simple. It could be loads cheaper, and will be once it becomes legal. Then all those shyster pot dealers will need to find real jobs.
|
Enjoywho
Rags to Bitches



Registered: 07/06/09
Posts: 20,880
Last seen: 2 years, 6 months
|
|
It's basically the same prices as street here in Washington. I live in a town of 40k and we have like 6 rec stores and double for medicinal. Your gonna pay 25-40 an eighth. 40 for a gram of wax a little less for shatter.
Your getting top shelf stuff no matter where you go. It's a lot easier to go into the store than wait on somebody. My time is valuable.
I rarely smoke but I do have a vape pen and a gram of wax lasts me months.
-------------------- "I don't give nothin' to nobody, I just pay the cost to do business." - Riley "Young Reezy"-Boondocks "The road to hell is paved with good intentions." "In the days of kings and queens I was a jester." "And then the great lord created bears... too many bears... shoulda really dialed back on the bears." Squidbillies "Can you start speaking words instead of your damn filthy lies!"- Louise "Bobs Burgers"
|
Shroomism
Space Travellin



Registered: 02/13/00
Posts: 66,015
Loc: 9th Dimension
|
|
Quote:
BrotherManBill said:
Quote:
yogabunny said: Anyone who has a problem with the cost of cannabis should go ahead and price out the cost for a grow of about 24-36 plants using top of the line lights, genetics, soil, nutes and other essential equipment.

Sure, but the returns from even your first grow would take care of that. And then it's mainly profit after that, aside from a few minor expenses.
People charge those prices to make more profit, plain and simple. It could be loads cheaper, and will be once it becomes legal. Then all those shyster pot dealers will need to find real jobs.
Shysters? Are farmers not real jobs? What about grocery stores? Not real jobs? I think you underestimate the cost of maintenance for a large operation.
--------------------
|
Bill_Oreilly
ANIMALS (the RAINBOW SERPENT)


Registered: 11/12/11
Posts: 26,370
Loc: Boston
|
Re: Why is quality weed so expensive? [Re: morrowasted]
#23778853 - 10/27/16 11:30 PM (7 years, 3 months ago) |
|
|
Quote:
morrowasted said: I can sort of understand why prices get fixed pretty high in a black market, but it seems like even in places where it's legal or sold medicinally the price doesn't go down a whole lot and sometimes it can even be MORE expensive. When I went to Spain I found out weed was quasi-legal in Barcelona and was sold in "Compassion Clubs" and I got a quarter for 55 Euros which at that time was about 85 bucks. It was qualitatively comparable to the weed I get in Texas, which I can get for $90 a quarter. In California the bud was a bit cheaper, I scored a gram of bud similar to what I smoke here for 10 bucks, and there was definitely some amazing stuff going around, but all that A++ stuff sold for the same price as what I pay here if not more.
It seems like in a legal market there ought to be investors and mass producers who are driving the price down, no? I don't know much at all about the weed growing process, is it really enough to justify the seemingly exorbitant prices we see on this small amounts of plant matter? I can't think of any other plant that costs this much by weight
Quality weed is expensive because its quality
-------------------- Something there is mysteriously formed, Existing before Heaven and Earth, Silent, still, standing alone, unchanging, All-pervading, unfailing, I do not know its name; I call it tao. If forced to give it a name, I call it Great (ta). Being great, it flows out; Flowing out means far-reaching; Being far-reaching, it is said to return. It's just a shot away..
|
DubSpore
Busy being human



Registered: 07/04/12
Posts: 925
Loc: Ohio
Last seen: 3 months, 4 days
|
Re: Why is quality weed so expensive? [Re: Bill_Oreilly]
#23778856 - 10/27/16 11:31 PM (7 years, 3 months ago) |
|
|
It's not you are just getting ripped off.
|
BrotherManBill
Time Traveler


Registered: 03/04/15
Posts: 347
Loc: Here
Last seen: 5 years, 1 month
|
Re: Why is quality weed so expensive? [Re: Shroomism]
#23778888 - 10/27/16 11:49 PM (7 years, 3 months ago) |
|
|
Quote:
Shroomism said:
Quote:
BrotherManBill said:
Quote:
yogabunny said: Anyone who has a problem with the cost of cannabis should go ahead and price out the cost for a grow of about 24-36 plants using top of the line lights, genetics, soil, nutes and other essential equipment.

Sure, but the returns from even your first grow would take care of that. And then it's mainly profit after that, aside from a few minor expenses.
People charge those prices to make more profit, plain and simple. It could be loads cheaper, and will be once it becomes legal. Then all those shyster pot dealers will need to find real jobs.
Shysters? Are farmers not real jobs? What about grocery stores? Not real jobs? I think you underestimate the cost of maintenance for a large operation.
Man, we're talking about paying for grams of flowers here. If you think it's tough for people in states where it's legal, to maintain and operate a large grow you are overestimating the situation.
And I'm not saying the growers are shysters, but dealers, the middlemen of the drug world. Once anyone can grow it themselves prices will drop significantly. The main problem is too many switching of hands drives the price up.
|
Enjoywho
Rags to Bitches



Registered: 07/06/09
Posts: 20,880
Last seen: 2 years, 6 months
|
|
Nah I don't think that's true as most people aren't going to want to grow there own. Just like I don't raise my own cows to eat.
I'd rather pay a decent amount for quality shit and the only time investment is going to the store and back. 10 minutes of my time as opposed to months maintaining and growing it. No thanks.
-------------------- "I don't give nothin' to nobody, I just pay the cost to do business." - Riley "Young Reezy"-Boondocks "The road to hell is paved with good intentions." "In the days of kings and queens I was a jester." "And then the great lord created bears... too many bears... shoulda really dialed back on the bears." Squidbillies "Can you start speaking words instead of your damn filthy lies!"- Louise "Bobs Burgers"
|
BrotherManBill
Time Traveler


Registered: 03/04/15
Posts: 347
Loc: Here
Last seen: 5 years, 1 month
|
Re: Why is quality weed so expensive? [Re: Enjoywho]
#23778916 - 10/28/16 12:10 AM (7 years, 3 months ago) |
|
|
Quote:
Enjoywho said: Nah I don't think that's true as most people aren't going to want to grow there own. Just like I don't raise my own cows to eat.
I'd rather pay a decent amount for quality shit and the only time investment is going to the store and back. 10 minutes of my time as opposed to months maintaining and growing it. No thanks.
To each his own, convenience is a big part for sure, that is one thing that keeps prices high as well. But at that point you're really just paying more for some one to sell it to you. And I'll pass on that.
I understand where you are coming from, but you also have to understand that there are plenty of people out there who only don't grow for legal reasons. And in reality most people wouldn't need more than a plant or two to suffice. Sure it wouldn't make a huge impact, though it should be enough of one to lower prices, or at least slow the inflation rate.
|
|