Some things about the structure of HB 1284 have me confused. I'm partying with a bunch of attorneys in aspen next month and I have ALOT of questions about this bill. One of them is the licensing fee. Is $35,000 per location or per entity? The co-oping is another issue. Have you guys seen the warehouses in boulder that sell segmented grow space, like storage units for growers (is this considered shared space)? If you are 1099'd, are you considered part of the 70%?
I believe if you are 1099'd and considered part of the 70% your grow has to be in a location that could be considered commercial, i.e. not in a residence. The description of an "in-house" grow remains vague as well as what is considered part of the 70% and what is considered part of the 30%.
I talked to the dispensary that I am working with about pre-vegging plants in 10" net pots for growers using DD style tubs. The veg market for hydroponics is pretty much wide open. It would be nice for caregivers to run 2 18plant (or 4 9plant is better IMO) DD's on a light flip that are approximately 30 days apart from each other. Caregivers could pick up their next round of plants from a retail location instead of having to veg everything out, clone, keep mothers, ect. As far as genetics are concerned, I'm having the dispensary I am affiliated with keep at least 25 mothers. I'll be running their grow. What is keeping a dispensary from renting grow space just like the storage units in boulder, then all of that can be considered 70% grown in house even if 70% isn't sold in house.
I TOTALLY see the lowballing going on and people are starting to get some shit weed out there due to the influx. Try doctors orders, a friend of mine said he is getting a grand a quap if you KNOW it's heady. I have a crop that got seeded up and I am VERY tempted to go sell it to some price-based dipshit for the $800 a qp price most dispensaries are negotiating. That's what you get for lowballing IMO. The dispensary I am working with has a $40 cap, so they don't pay over $800 a qp. Quite frankly their quality is mediocre unless one of my friends has to pay his rent or something and gets desperate. The lowball effects quality, but for $40 tax included it's not going to be the best of quality unless it's grown in house. I am negotiating a contract for $3,100 a lb or I'm walking. I'm fine with that price as long as the savings is passed on as a $40 cap. If it's retail $50 an 1/8th I wouldn't take any less than $3,600 IMO. If a business can't make it on a 40% markup then someone shouldn't be running a business. It may have to go to $45 due to a certain $35,000 fee but we'll see. I am hoping the sale of vegged plants will help cover the license cost.
DO NOT sign any contract with a no-compete clause in it or you are screwing yourself.