[question] Thinking of going legit in Colorado. Is there a market for legal new comers? Will anybody buy my shit on here at $50/oz. if worse comes to worst and I need to bail myself out?

So I've been doing my own thing for a while now and feel comfortable scaling my setup to legal proportions. My only worry is that after what may be a $30k-50k investment I will have cured bud with no legal market to sell to. In order for me to continue my life long dream of being a farmer -- and proving to my wife I can provide for a family with this lifestyle, I need to be able to sell it at a minimum of $50/oz. I would love it if a big time vendor would be willing to come in and say "yeah, I can probably help you out. one time buy, $50/oz for 500 ounces." Instead, I ask, do ya'll think I'll have trouble selling ~100ozs at $50 each without any LE looking over me? Will I actually gain anything by going legit in CO as opposed to just catering to this market until it becomes legal nationwide?

Peace and love homies.


Comments


[4 Points] dothisshitupyo:

These days, you almost need $1M for start-up licensing fees, building, permitting -- all sorts of shit. State will rape you in fees.

Current {blackmarket} prices are $80-$85 for a 1/2. $150 or so for a oz. But this is top quality shit. Not some mid grade eastern outdoor shit. Primo buds, yo.

Can't really be a vendor. State requires stores to produce 70% of their own product. There is a huge broker, can't remember their names, but they've cornered the market.

Black market still alive and well. Taxes are too high. You can sell $50 oz's all day long as long as it's good. LE don't give a shit any more. Just don't transport fucking 5lbs at a time or anything. Keep it more mellow at like a qp or hp and you'll be fine. Cops can't use pot as probable cause any more. So even if they smell it, there's not much they can do provided you're not super ripped while driving or anything.


[3 Points] jtemps92:

Man, I wish I could get those US prices on bud! Could make a killing on it over here in the UK, a really decent oz of bud round my area costs around the equivalent of about $300, even then it probably doesn't come close to the quality you guys get. I know people would rather have the sometimes compressed bud that I get from Canada, rather than smoke some of the shit bud grown here


[1 Points] None:

granted I havent been involved in the MMJ market in a few years and the recreational shops might be different, but for the most part, dispensaries are just state-licensed drug dealers. I never had any kind of formal agreement with them aside from being a registered MMJ patient for that state. would just walk in, ask to speak to whoever is in charge of inventory (the owners typically arent there), show them the product/leave a sample and give them my name & number. sometimes I'd have to become an approved provider (or some stupid phrase like that) which meant signing a form.

unless you're growing outdoor/greenhouse or mass produced warehouse bud, I'd be impressed if you can turn a worthwhile profit selling @ $50/oz. it's one thing to grow a couple plants in your house and get a couple buddies to help trim while you all get stoned...but when you scale up, things change. electrcity's gonna cost more. if you grow Sea of Green to cut down on electricity, your product's gonna come out lower quality than it could have, and you're gonna be limited to growing indicas. I assume if you scale up you're gonna be growing hydroponically, and setting up a hydro grow is pretty damn expensive, not even counting recurring fees like rent/electricity/nutrients. oh, and trimming is gonna be a pain in the ass too.

personally I'd never sell for $50/oz, the work that goes into growing just wouldnt make it worth it and you'd get burned out within a couple months. minimum I'd charge on DNM/in person deals would be $150/oz. probably even $200 on DNM.


[1 Points] None:

Dude, you won't make any money going legit. i mean of course you will..but if you have a plug/you grow and you can sell good ass weed that cheap, get on here and make your own money without the taxes.