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SoCoMMJ
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Although I will stay true to my statement (and I think it is quite obvious) that MMC shops and the overabundance of the weed supply has lowered the price of marijuana here in CO. In fact almost all of the legal MMJ states have seen a huge drop in prices. And prices continue to fall.
Outdoors in non med state, flying solo, makes my world turn nicely.
Outdoors in non med state, flying solo, makes my world turn nicely.
After all my rantings, I do wish you good luck and geat success SOCOMMJ.
Pay thousands of dollars per year for a fucking MMJ license? Then give up and sign away many of your rights? Then rent a huge building to grow in? Then heat and cool the place? Then hire boobs to work for you who might steal your weed and give out "deals" to their buddies. Pay outrageous taxes? Then find out you can not even deduct your business expenses?? WTF??? How about having paperwork overload where everything needs to be tagged, marked, inventoried, counted and recounted etc? And finally after jumping through all the fucking hoops I still have to lay in bed at night wondering if a fed SWAT team will be kickng down my door? Or coming to work one day and finding the feds took all my shit including all my grow equipment?
And then we have Caregiver Ken, doing the underground scene and raking in $100k per year (clear), kicking back and sipping drinks with little umbrellas in them while puffing on his homegrown ganja. And now he even has his wifey popping his magic oil pills!
Then again, everything I said could be bullshit. :mmm
The businessman in me does not much like the falling prices. We have rent to pay, employees, etc etc. The profit margins are much thinner than people think for an MMC. You would be sick if you saw the gross vs my personal net. I guarantee you that I made less than I pay my employees, and I don't pay them much. Pretty sure it works out to well under minimum wage to me for the hours invested. Remember, a farmer works 365 days a year.
The humanist thinks that it can't be bad for the prices to come down. When people are sick they usually aren't working. Medicaid isn't covering cannabis last I heard. It's an herb for crying out loud. It should go for a few dollars a pound. Governmental retardation is the only thing pumping up the price.
Lower prices are also pressuring the marginal shops to shape up or ship out.. we are seeing lots of that happening in the last few months. The market in Colorado Springs is tough. There are way too many shops to support the patient base.
Below are some numbers that should make those thinking about jumping in to perhaps rethink the glory of owning an MMC:
125+ Colorado Springs MMCs for 12,000 patients in El Paso County. That probably leaves maybe 8,000 in Co Springs proper. 64 average per shop, if every patient used an MMC[which they don't].
If each patient averages 1/2oz a month at $100 these days that is $6400 gross/month. 32 ounces at $2200[contract price per lb] that leaves [6400-4400]= $3,000 for rent, utilities, insurance, payroll, fees, random crap and a sliver of profit[?].
Now factor in some dickheads like me that are hoggin' up the patients. If I'm pushing 300 signed patients and at least that many more unsigned patients, now all of a sudden the average numbers go down even further for the remaining shops.
With all those patients we should be golden, right? Nope, you have to factor $7k in payroll to support the volumes, $6k in Rent and utilities... you get the idea. Hell, just lunch for the crew runs a grand or so a month.
Do a little math. You can actually see that MMC owners are not typically rolling in a new BMW. While I'm not proclaiming a failure at business by any means, I'm just trying to say that the pot at the end of the rainbow is filled with turkey sandwiches, not gold. At least Turkey sandwiches are delicious.
Oh,there is that little bit of satisfaction from helping out some sick people too...
Isnt there 16 oz in a lb, and not 32?
That should help with your numbers. :sun
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