caveman4.20
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- 313
I don't deserve the knowledge you kick, and may never need it But I fucking appreciate it. Peace and get back on those 1000 thouie idiot cutting edge grows, I hope you see the humorWithout beating a dead horse to much, you really do not understand the commercial market at all...you will go out of business before you even get started if you try and only cater to the 20% that will actually pay high prices for high quality and its really more like 5% of the market not 20%. I know you say you have money and I'm not doubting that but it is about $1.5 million just to get in the door right now and that money has to be legit, documented income. Because that would be outside out of state investment you couldn't participate in any profit or scaled return structure only as a strait loan with interest paid. Right now your are probably looking at close to a year just to put a deal together, then you have to build out and get "CO'd" then start the process with licensing with the city and state which can take another 6 months of waiting before you can even start production, then you will have to self finance your production for another 120-180 days before you can even have the opportunity to generate any revenue from your efforts.
One thing people outside the commercial agricultural side of the industry fail to realize is that this is not about producing A+++ product, people just do not buy it and honestly most dispensary customers wouldn't even know it if they saw it, that is not the business model at all..your capped out at $225-$250/oz and that will sit on the shelf if you have B grade sellin at $180/oz right beside it and if you have $125/oz of shake you will sell 100 to 1 against the badass dank. Wholesale is sitting at $1800-$2200 pretty much accross the board and some volume guys are knockin it at $1600. Just the way it is, I get far more call/demand for less than dank than I do the dank. I even have retailers asking me not to bring them the badass weed, they would rather have B grade that they can market at a discount to the masses. The best analogy I can think of is craft beer compared to PBR..people drink Sierra Nevada but alot more people drink PBR...Alot more hamburger sold than filet mignon..sure filets are better but the difference in $6/lb and $29/lb makes it a very small market niche and most producers can not survive on that small of a market share.
Well said @Texas Kid Never thought of it that way Or from that perspective, thanks for the lesson. Always was wondering why our Medz never seemed to get better even after going back a year or so later still mediocre at best being offered to patients, but that just pushed me to grow my own!Without beating a dead horse to much, you really do not understand the commercial market at all...you will go out of business before you even get started if you try and only cater to the 20% that will actually pay high prices for high quality and its really more like 5% of the market not 20%. I know you say you have money and I'm not doubting that but it is about $1.5 million just to get in the door right now and that money has to be legit, documented income. Because that would be outside out of state investment you couldn't participate in any profit or scaled return structure only as a strait loan with interest paid. Right now your are probably looking at close to a year just to put a deal together, then you have to build out and get "CO'd" then start the process with licensing with the city and state which can take another 6 months of waiting before you can even start production, then you will have to self finance your production for another 120-180 days before you can even have the opportunity to generate any revenue from your efforts.
One thing people outside the commercial agricultural side of the industry fail to realize is that this is not about producing A+++ product, people just do not buy it and honestly most dispensary customers wouldn't even know it if they saw it, that is not the business model at all..your capped out at $225-$250/oz and that will sit on the shelf if you have B grade sellin at $180/oz right beside it and if you have $125/oz of shake you will sell 100 to 1 against the badass dank. Wholesale is sitting at $1800-$2200 pretty much accross the board and some volume guys are knockin it at $1600. Just the way it is, I get far more call/demand for less than dank than I do the dank. I even have retailers asking me not to bring them the badass weed, they would rather have B grade that they can market at a discount to the masses. The best analogy I can think of is craft beer compared to PBR..people drink Sierra Nevada but alot more people drink PBR...Alot more hamburger sold than filet mignon..sure filets are better but the difference in $6/lb and $29/lb makes it a very small market niche and most producers can not survive on that small of a market share.
Without beating a dead horse to much, you really do not understand the commercial market at all...you will go out of business before you even get started if you try and only cater to the 20% that will actually pay high prices for high quality and its really more like 5% of the market not 20%. I know you say you have money and I'm not doubting that but it is about $1.5 million just to get in the door right now and that money has to be legit, documented income. Because that would be outside out of state investment you couldn't participate in any profit or scaled return structure only as a strait loan with interest paid. Right now your are probably looking at close to a year just to put a deal together, then you have to build out and get "CO'd" then start the process with licensing with the city and state which can take another 6 months of waiting before you can even start production, then you will have to self finance your production for another 120-180 days before you can even have the opportunity to generate any revenue from your efforts.
One thing people outside the commercial agricultural side of the industry fail to realize is that this is not about producing A+++ product, people just do not buy it and honestly most dispensary customers wouldn't even know it if they saw it, that is not the business model at all..your capped out at $225-$250/oz and that will sit on the shelf if you have B grade sellin at $180/oz right beside it and if you have $125/oz of shake you will sell 100 to 1 against the badass dank. Wholesale is sitting at $1800-$2200 pretty much accross the board and some volume guys are knockin it at $1600. Just the way it is, I get far more call/demand for less than dank than I do the dank. I even have retailers asking me not to bring them the badass weed, they would rather have B grade that they can market at a discount to the masses. The best analogy I can think of is craft beer compared to PBR..people drink Sierra Nevada but alot more people drink PBR...Alot more hamburger sold than filet mignon..sure filets are better but the difference in $6/lb and $29/lb makes it a very small market niche and most producers can not survive on that small of a market share.
I call bullshit on needing over a mill to start a shop. Hell you don't even have to grow your own anymore you can just buy all the cheap crap from other shops at whole sale price while you save to start growing your own. I know multiple small time mom pop shops that are able to support there families no problem still to this day!
if you can hustle it's possible no doubt
PM is a problem that plagues beginning gardeners(not professionals).... you guys have a ridiculously dry climate to boot, PM problems out there would strictly be operator error
PM thrives in hot dry climates. You should do some reading up before coming out.. And as you can see from the pics in CO Bud Shots, there is no lack of top quality bud here. The problem with mmj's is that everything is about money, once you invest. Time is the biggest enemy and killer 8 week strains are rare. Investors always have the final say. We all know how the investor changes his mind because his top line isn't where he dreamed and he realizes he hasn't thought things through enough.. Everyone says they can come out here and be successful and do it better than the locals....that's naive. And why would a legal resident of CO put their name on a mmj license for an outside investor??
I'd put my name on it
Great point, looks are priority on the shelf damn near everything looks banging in the jarsIf you think $75k is all it takes to get in this game right now you really should think about staying right where you at and keep doing what you do..you would need proof of funds 10x that just to get a walk thru and maybe a peek at the books and in most cases that wouldn't even be enough...I look at 3 to 4 deals a month on average and I can assure you it takes alot more liquid capital than your thinking. People are getting $25k-$50k just for introductions.
Big up Col4Bin, I have to agree, we have have stuff in the low to mid 20% range, in fact we average 22% across 21 or so strains, no issues with PM no issues with bugs, prestine sealed rooms with small crews. We really won't even look at anybody anymore that doesn't have solid commercial experience, if all you have done is blown out a basement with 10-12K hanging move along, we are not interested in even wasting the time required to get you humbled and then up to speed.
And as far as greenhouse and outdoor production goes, even the very best is only suitable for extracts and edibles production out here, this is a fickle market and no one wants anything other than shiny diamonds suitable for High Times calender shots for $250+ a zip
This was true 6 years ago- but everything has changed completely since then. No one takes your opinions personally, just most of us are laughing because you're dismissing the most accurate advice being given from the people currently doing what you wish you were doing.you don't.... especially not if your a RESIDENT
that's why we're entertaining this whole partnership deal.... for a CO resident it could cost less than 75k to file everything and apply for the paperwork.... and that's for the whole gamete depending on the county and townships of course
I understand all this Tex... and were aware of what wholesale units are running for quality can be produced for 22 on a large scale, especially in the proper GH...
I'm not in hear asking you guys questions on how to do this (tex I did send you a PM and this could have just been posted there).... just looking for people who may realize they bit off more than they can chew... or for like minded individuals who feel like Colorado deserves better
Damn straight, especially if it gets me high or atleast has some effects beyond what happens with lack of oxygen to the brain, hot smoke in the lungs and power of observation."gimme the shitty one.." lol
I'like be waiting for you to get here so I can remember what its like to get highall you guys preaching about "STAY HUMBLE" listen to yourselves.... all of you are acting like your the biggest dogs in the room.... I now there is big shit out there.... we want to keep it small 200-300 lights
we current run over a hundred, at on point we ran over 300, and only stopped because they closed our store (the state closed all of them) ....were not stepping out of our comfort zone, I REALLY APPRECIATE THE CONCERN but save it... seriously
"this is a fickle market and no one wants anything other than shiny diamonds suitable for High Times calender shots for $250+ a zip"
the shit I have seen on the shelves isn't close the quality of GOOD GH
"One thing people outside the commercial agricultural side of the industry fail to realize is that this is not about producing A+++ product, people just do not buy it and honestly most dispensary customers wouldn't even know it if they saw it, that is not the business model at all..your capped out at $225-$250/oz and that will sit on the shelf if you have B grade sellin at $180/oz right beside it and if you have $125/oz of shake you will sell 100 to 1 against the badass dank"
there is a couple places that have good weed too..... NattyRems comes to mind
FACT IS GOOD WEED SEELS ITSELF, you just need to put good weed in front of people..... I have never shown a person 2 buds one great and one garbage and told them they are the same price....followed by which do you want? and they say well give me that shity one.... come on
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