Why are marijuana prices plummeting?
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- Опубликовано: 30 сен 2024
- It’s a great time to be a pot smoker and a challenging time to be on the retail side of the marijuana business in Michigan. According to state reports from Michigan’s Marijuana Regulatory Agency, in October 2020 the average retail price for an ounce of marijuana flower was around $288 dollars. A year later, consumers were paying under $200. By October 2022, the price was down to $109.We asked an industry expert why prices are plummeting.
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I think I speak for the majority of potheads when I say all we want to do is grow pot in our closet without worrying about the door getting kicked in
I know right 😂😂😂
and sell a little to pay the light bill with out the fascist government robbing us
If everyone grew their own weed how would the government get their money
@@robertbouchard963 tax wall street transactions a sales tax on all stocks and bonds that 90% of America doesn't own or even bother with
Word!
Same thing happening in Colorado and California. Honestly more local residents are growing their own or buying from friends that grow. Dispensaries over charge, the taxes are insanely high, and you really don't know what is going on behind the scenes of most commercial grows. This was bound to happen
I just bought an Oz for 35 dollars from the club and it is good quality Cali
@@Rightly_Divided Damm less than cigarettes. In the 5 boroughs a pack of Newport's are 16++. Hope u grabbed his#
My dad lives in Colorado springs & he says most places he goes out there he can get an oz for $60 but he likes to grow his own anyway. Whole back yard filled with big pot plants. Here in FL where it's only legal medicinally, you pay more than that for a quarter at the dispensary. That's gonna run about 85-100. It's crazy how different it is. I'll never stop buying from street dealers.
It's like this on the black market here in Cincinnati.. I use to have to buy a quarter pound to get quarters for 50$. Now I don't know anyone paying more than 50$ for a single quarter OZ of the finest bud. It's cheaper than ever. No point n even growing it yourself. Some folks I know getting quarter ounces for 40? That's 20 a eighth. Weed hella cheap right now. But my fentanyl dealers making $40,000 a week profit alone
@@geraldvance7925 he ain’t say nun bout mixing fent with bud lol
Politician: "They're all growing it themselves! The damn stuff grows like a weed!"
Farmer: "It is a weed."
It's not
@@oneballwizard406 bro you'll be surprised. throw dem seeds out the in field and they will grow on their own. broadcasting is the technique.
@@cachesolo1534 I know... but cannabis isnt a weed
@@oneballwizard406 It's not
@@joey-ob9rj read my first comment dumbass
I WAS a grower in CA until a year ago when the prices dropped so low I couldn't afford the electric bills anymore to grow my indoor kush! I'm not the only one! There are hundreds of growers who've had to quit the business. Big Pot has taken over with their football sized greenhouses and grow a few hundred pounds at a time.
Yup My neighbor was growing and had a few in his yard they were bigger than the maple trees but the Mexicans down the street stoled it go figure
would u consider growing indoor now? my cousins grow indoor weed and their business is flying?
@ntsyoungkal5888 Nah they obviously sucked at growing that's why they had to give up! All the Tripke OGs I know are still in the game doing well!
This should be an industry that all could make a living. Instead they wrote legislation to only enrich the government and the already wealthy,
In turn as it's showing in other states nobody is able to make a living.
Only the government can screw up a sure thing.
Yep..
@Greg not all of them, but I was referring to the small mom and pop growers
@@lazy5373 Not necessarily. The regulations force a lot of weed sellers to go underground, so they can sell their products cheaper, and not get taxed to death. California dispensaries complain that marijuana regulations are 10x worse compared to alcohol regulations.
Do you REALLY think anyone has any control of their government? The only people that are truly free are those native tribes that are allowed to stay on their land.
@@lazy5373 I doubt it. You're probably growing auto's with commercial bagged soil and nutrients cuz you're a flunky plus people think the best pot is at the stores.
Plummeting even more than reported here. My official findings: On cyber Monday, I picked up (with my wife) two ounces of 25% THC flower for the incredible price of $49 per ounce in Colorado. Lowest price I ever paid in my whole life of smoking for 48 years.
Be careful a lot of thc grading can be done with a magic marker. I suggest picking by what you like and pay no mind to the numbers
Boof it!
@@caseykellogg707 lmfao
48 years is impressive. I’ve been smoking for 10. Hows your lungs after all these years?
@@WilliamDailyReacts Truth be told brother, I'm just fine. Thank you for an intelligent question. My health is great. I wonder why...?
Not being able to charge more isn't the problem... greed seems to be the real problem
ye, they should legit just have a profit tax but wait thats socialist
right. here's a huge middle finger to that dispensary owner talking like this is a problem. lmao no, it is NOT a problem. It's not from an excess amount of growers.... In reality prices were too high because there WAS a shortage of growers, and now the market is correcting for that.
The overhead is nuts.
Its the state fees for the license thats gouging them. They pay like 50k or more a month to the state just to sell green
Ya now there cutting corners and using chemicals to grow it faster and cheaper that if burned can melt your dam lungs.
In NY the newly opened shops are charging $50 - $60 per 3.5 grams or $400 to $480 per ounce. This will force people to either grow their own or buy underground because they are over taxing.
$130 oz Arizona going rate for top shelf no mid .. facts. I get all my aeriz zips for $75
I paid $ 40.00 for 1/2 Oz. 36% THC.
In OKC, OK.
Who would have thought that a carton of eggs would be more than an ounce of weed.
Right?! Weed prices down, snack prices up. Can't win.
After smoking weed - I'm so hungry but the fridge is empty...guess I'll go back to smoking meth.
@@ShooterMcNut lol
@@toldyouso5588 lmao
Yeah the egg and the weed price, I get that it's not a big stretch for me, both are a trade commodity.
But I never thought my bank would insist that I wear a mask if I wanted to do business with them.
Right John goblue? (cough, cough)..
hear....
I think it's hysterical that everyone thought they were going to get rich. 😂
They act like nobody else thought to enter the market, most dispensaries have almost nothing special to offer, they think just having weed is all it takes. Lol
They’ll come and go as better manufacturing and dispensary find their footing.
Serves them right
I know right, i was rooting for them.😆😅🤣
No doubt! They only made the rich richer and poor poorer.. what I mean is people who invested had to pay taxes through the roof. And people who wanted to grow legally have to pay enormous sums of money just to set up shop
@@darrencharlie huh?
Who could have predicted that prices would change as the supply/demand dynamic changed lol!
Cannabis users are more balanced in mind than alcohol users
Depends.
Idiot!
Funny how the good flower sells out at high prices. Quality is the issue here
Hit up 👆 the handle..He ships 🍄🍫💊💨….
Exactly!!! Top shelf is still expensive!!!
I use for medical so I am thankful I can grow my own. The price dispensaries were asking was crazy. Greed is killing this industry!
It's still illegal here in the UK, actually talk of reclassification to class A. You cannot make this up, and I don't even use.
You can use this dik for medical too
People keep talking about greed is killing the industry. Please explain, lol.
It's always greed that screws up everything !!!
I grow my own in a state where it is not yet legal.............. he he he he he he he. and my customers all pay dispensary pricing cause my product is TOP NOTCH skunkified reality. What FLIR helicopter can catch a Basement grow shop with its own power supply and no windows. Not a one of em can. But one must deal with the exotic smells coming from it in a truly scientific manner. Can You say Flower ?????
My uncle once told me
in the 70’s you could buy an ounce for $20 .
shit was garbage back then
Ask your uncle to explain the difference between a 3 and 4 finger bag...BTW I was paying $10
Well...in the 80's it was exactly as the weight....a quarter ounce for $25.
you could also buy a house for 60k
@@greenlight4223 In Texas, you could buy a 3 3br. 2 bath double car garage brick home in a great neighborhood for $45K
My opinion only 🌵don't feed young🌱 plants adult plant food it may burn up the seedling 🦘
Amen
I went to a couple dispensaries in the UP this summer and all of their product was bottom shelf. Nothing but popcorn buds as far as the eye can see
I feel the same way about a lot of dispensaries I’ve been to in several different states. Can’t expect to make too much slanging inferior products.
I can't find a source anywhere for any good psychedelics in my area, I suffer some pretty bad depression and i got a chance to try K and man it was a miracle substance, I felt free,the only high or euphoria was from the relief of my vices being released, that's exactly what it did
The psychedelic experience is temporary but many people have permanent results
Mushroom completely turned my life around and my anxiety and panic attack disappeared and my personality changed into a much more generous loving person
where to search? Is it IG ??
All the problems that these compounds can help solve, and the potential for peace they have.
@angelacarter2759 alright, I'll reach out to him immediately to get some
Good - keep it affordable!! People need their medicine 💛💚❤️
Just grow your own and put the rip off dispensaries out of business.
THC content isn't hugely important as long as it's over 15-18%. It bothers me how uneducated consumers are. What works best for you is finding your favorite specific strain. The ratios and amounts of the individual cannabinoids and terpenes are what gives you the effects you desire most - not just high THC content. One of my favorites is one that has equal amounts of THC & CBD (both 18%), with a high limonene content. It's not everyone's favorite (obviously), but most people say it gets them a lot higher than stuff with over 30% THC.
Great that you're educated on pot. Now what thing are you educated on that actually matters?
So much wrong with this comment. If you think there is little difference between 15% THC and 30% THC, you must be high! And CBD actually works against the THC in a lot of ways, probably still get the cardiovascular benefits, but very little head or body high. This is why if you have a friend that doesn't smoke often, get too high, feed them a CBD edible, and it will mellow out the high. If your CBD/THC theories were remotely acurate, more people would cultivate high CBD bud. But high CBD percentages are really only used as treatments for children, or in states where THC is still illegal. In fact, if CBD could get you high at all, they wouldn't give it to children, and it would be illegal in those states as well.
And here in the uk you’re a criminal
This is correct. At least for the recreational side and home growers who don't test their weed on machines. And don't need to.
@@mikeb5372 public policy
as someone the shops in Mich. Ive noticed the prices going down, but the cheap stuff is old and taste like old dirt ....they really need to start to focus on how fresh the product is thats being sold
Hit up 👆 the handle..He ships 🍄🍫💊💨……
I get $49 oz's of fire with tax 52
Thats how it is here in California. We'll we're I live at least they can at least put the flower in the fridge.
@@citizenx8512 first time ive ever heard of people putting bud in the fridge lol
@@conorhennell2623 yeah it stays fresher longer
I was growing commercial grade bud with an aeroponic system over 25 years ago. When legalization hit here in Canada, looked into going legal. All the Federal, Provincial and city regulations added impossible costs, so I gave up growing all together. The reason prices are going down, is the same tale that affects every popular product under capitalism. The big corporations drive the price down until all the little guys go out of business. Then they charge whatever they want. Monopolies are illegal on paper, but in the US they don't enforce these laws any more.
Its by design they want us working shit jobs instead of creating our own businesses
Our government encourages monopolies in BC. ICBC is the easiest example but liquor and Marijuana distribution is also a government sponsored monopoly.
Problem is that incompetent people get to run them and work in them because, "my buddy got me a job."
@@CaseyBDook Move to another province, or better yet, the US, and then tell me about how bad ICBC is.
@@billwhitis9997 it's not ICBC I have an issue with. It's our politicians friends getting absolute control of things that an open market and regulatory system can do much better.
I'm very aware of how badly other provinces are getting screwed because there isn't any regulatory body.
There is such a thing as too much oversight and government control too.
Just because what we have here is objectively better than other places doesn't mean it's good.
ICBC did recently cut rates but only because they were massively over charging and the local government needs their piggybank.
If we are paying too much how badly is everyone else getting screwed? Why isn't anyone doing anything other than complaining?
@@CaseyBDook "Just because what we have here is objectively better than other places doesn't mean it's good."
Ummm... yeah.
Flash from the past 1974 walking the barracks there's a man rolling marijuana on the table duffle bag full for 25.00 love Korea 1974 😎🎄🎄🎄🎄🎄🎄🎄
Ironically, those labels can say whatever they want, but testing is insanely untrue. Fabricated thc percentages, over charging for bottom shelf. Waaaaay over charging for top shelf. You can grow it yourself, very easily and organically and have enough to last well beyond what you need every year just from the summer. I hope the dispensaries all go under and people take care of themselves
Yeah, its irritating how the exact thing I was predicting for yrs has happened. I've been growing for 20 yrs organically to produce the top tier stuff and hold onto some classic genetics so they dont disappear. But now I cant even afford to keep my lights running cuz everyone only cares about packaging, thc percentages and the name on the bag. The real kicker is those thc percentages. I've been told my weed just isnt strong enough even though it's obvious it is. I actually just had all my strains tested alongside samples of the "30+%" shit and guess what? Mine was around 24 to 28% and theres didnt even cross 21%. Its all about image at this point and it's disgusting that the ppl with passion about this plant are being forced out of the business. Walmart weed is officially here
Meanwhile some of us are forced to buy from an underground seller (who probably also carries heroin, fentanyl ...) or drive to another state to buy a weed that should never have been abolished.
@precious_spores sells on Instagram🔌💊 aaaaaand that's the problem with the oversaturation of the market. Thx for the example
@@SunriseLAW just have to give the plants a good flush
Been growing my own since 95. Me and mom‘s molasses.🙂.
Some good dirt some fish carcasses banana peels and good clean fresh water from the hillside or from a spring or a nice river.
No bloom boosters no pH conditioners nothing nothing.I still to this day I’m getting 300 to 350 an ounce and everybody is super happy.
You can take your taxes you can take your shops you can take your permits you can take all your government regulated rules laws and regulations and you know right where you can stick them.
My self i find most legal flower week on power even if it stats 27% etc i find the black market flower most times way better then any legal flower
Cheaper and better!
It's because of the automatic trimmers that they put the freshly harvested plants into, even if it's "hand trimmed" it usually goes into one of those machines first. It knocks most of the trichomes off.
Black market is almost always strictly hand trimmed, so all the trichomes remain on the bud.
We should have known the corrupt government would find a way to ruin it! I compared the street with the legal and the street has my vote!
I always said when they legalize it everyone will grow and it will be worth almost nothing. Its happening
and it's a good thing too
not a bad thing at all
No... it's because everyone has trash!!! If you grow that GOODGOOD, they will come 😂
Are we supposed to feel bad for them!?
Good stuff!
Hopefully it'll get legalised here in NZ before much longer. We had a vote on it a while ago (I voted "yes") but the "no" vote narrowly won.
Anyway, I'm sure it's just a matter of time before it's legal here (I want edibles to help with sleep).
_u
Isn't that funny how the "no" vote just barely won. Sounds like how President Biden won here in the United States
The north island should be ideal to grow.
Omg, you’re in New Zealand, did you think about counting sheep, lmao.
the referendum was so badly worded that it was confusing, a lot of people thought it would result in a pot store on every corner,, the government here just needs to step out and let people live,, this trying to tax and control everything strategy is strangling the economy and the people,,
i quit smoking a long time ago, but here in toronto the black market has ounces as cheap as 30 canadian which is like 20 bucks american, legal dispensaries charge as little as 50 which is like 35 american
you get what you pay for. the newbie smokers will likely seek out the cheapest and pick quantity over quality. they are just trying to get high. once you cross over to the premium cannabis, its night and day compared to the cheap lowgrade buds.
Two friends each gifted me 2oz of great stuff. Now that we are able to grow, it's plentiful, good and cheap. Perfect, this is how it's supposed to be.
amen cheers
You seem like good people i Would love to Support your community by purchasing some..
@@WaterboyHilltop I'm in AZ, where we can grow. Also, there are dispensaries, where prices are pretty good, as we have a glut of the green stuff and it can't be shipped out of state coz of federal law.
@@missinformed9550 to bad it cant ship over sea's would off been nice,,iam over in the caribbean tho
As a former Grower, it really pains me that the only thing brought up was THC%.. no talk of cannabinoid profiles, different terpenes, etc etc. 😥
As a current consumer, I can tell you that cannabinoid profiles and terpenes don't mean shit to us because there's never been research or package labeling to inform us to their effects and any home experimentation yields subjective results at best. The only thing we have to go by (that we know we can quantitatively and qualitatively depend on) is thc%.
It would be nice if that information was required so people could start understanding which types of weed they best responded to. 😢
@chuckhunter8522 you are the person he is talking about. So.e people like good shit and sime people luke shit. Its all good. 😂😂😂
The THC level is the most common just like the people named John Smith
If the groweries keep aiming for quantity over quality, people will get quality on their own, reducing income for the businesses.
IDK about Yall But OZ going Down Lower Than 130 with 20+ THC is a Win WIN
Hit up 👆 the handle..He ships 🍄🍫💊💨……..
Yea for the smokers sellers ain’t making shit unless you breaking it all the way down
For the buyers.
I'm getting OZ's for $100. It's the dep weed but still real good. $150 for killer weed. I'm laughing saying we're almost back to 1970 prices. soon it will be $40 a once. Lot better weed too.
I'm canadian and here I can order from hundreds of online sites...130 for a single ounce no matter what thc percentage to me is ridiculous. I pay 160 for a QP that I can mix and match with different strains all over 25% (they say.) Gets me fried and only have to buy monthly now
This is where the price should be honestly. Too many people have used it as a get rich quick scheme and it doesnt work anymore. I like it!
not when you're in a small farm trying to make ends meet it isn't. This is all to blame on big facilities pulling down 70 light rooms
Only the dispensarys are hurting because they tried selling shit weed for a high price, everyone knows the plugs are the way 2 go and forever will be
So many spent millions thinking get rich. Lol a year later they go bank rupt loosing millions and we buy up their stuff pennies on the dollar to grow our own.
When it was illegal yes we made a lot of money emphasis on we made a lot of money
@@rupertrobinson7085 i made alot too until the cops kicked my door in. Paid my bills and left me enough to keep my car full of gas. Then tried pizza delivery until insurance said i have to quit or the cancel insurance. Sure sucks when loose a career to health then anything a person tries to make a living they screw them over. Disabled cant live on disability but every way they try to make a extra buck someone comes along and says not that job. Lol cant work a real job
$100/oz might be cheap by prohibition standards but as it is an easy plant to grow it is still a very profitable price for the producer. They should have known this would happen and should have budgeted accordingly.
Easy to grow, lol! Spoken like someone that has never had prepare nutrients on the daily, water on the daily, watch for bugs, cut, trim, and cure more than two plants at a time.
Plenty of money to be made at 100 an OZ.
The greed lies in the draconian taxes most cities charge.
After grow costs at an indoor location they lose money at $100 an ounce. If it’s grown under the sun on cheap real estate that’s profitable.
Supply and demand, sure… makes sense. But don’t forget GREED.
Realistically, the higher weed prices were with risk factored in. It’s a crop meaning traditional agriculture techniques can be used as they have for hundreds of years. It was only a matter of time before someone just set up a warehouse and went to town dropping the cost of production for all this stuff
Those guys are actually suffering now.
They are paying for the lighting which is a substantial cost. Outdoors is free. No indoor grow can match the marginal cost of outdoor, nor match its production, and it's good for the soil as cannabis brings valuable nutrients closer to the surface to refresh the soil as a rotated crop
@@joehughes5177 I have a large back yard . I don't smoke anything , I like to keep my lungs clean . I am elderly now and growing 4 big fat plants and selling the stuff could pay for a lot things . It's legal to grow so it should be legal to sell ? I would try medical weed orally if needed without the thc in it . I'm stoned enough with one beer . 🙂
@@xys1 1¹1
Lol, that's not why prices are down, the warehouse guys will now be going out of business because they can't sustain paying all the energy costs of growing indoors with the prices weed is selling at, prices are down because government stuck their fat fingers in the industry and handed out licenses to everyone so they can collect the tax revenue, now the market is saturated
I have smoked pot since 1984 and the price was avg. $150 for a oz. Now why would I pay double for something I have used for so long. I have suffered big penalties in life. Pot makes everyday a good day for me.
hey thats when I started....June of 1984
Who misses that old school Skunk?
@@tonyneville4425 that was my first smoke and it was one of the best experiences of my life.
$100 ounces now... depending where you are.
Yes its great for your lungs and throat.
Pray for us unfortunate ones in Ohio.
Heard that
Take a quick ride to Michigan I'm getting highgrade @ $300/lb in Monroe Michigan
🙏
Cannabis industry specialist? 😂 That’s the job dreams are made of.😂
"We can't sell what these people can easily grow themselves"
True that.
Well, as long as I can grow it, no sense in buying any. We are allowed to grow up to four plants per household here in Oregon, I harvested and cured very nearly 4 kilos....anyone I know that smokes or bakes brownies was gifted with some.....and I am currently looking for some kind of a Veteran's organization or Hospice to give the rest of the surplus too. Mind you, I never thought I would live long enough for the Government to quit locking people up for it. -Veteran '66-68
Colorado suffered the same. Many dispensaries couldn't compete. It comes down to the quality of product.
Hit up 👆 the handle..He ships 🍄🍫💊💨………..
And taxes.. here in California they tax the weed to death
Competition lowers prices and there is loads of competition.
Capitalism. It works for the consumer sometimes.
*God Bless America!*
🕊☮🗺🌎🌏🌍
*#1 Global Superpower*
Sounds like a competitive market…that’s how it’s supposed to be. That’s what keeps prices down. That concept applies to all goods and services. Good!
The more the merrier, that's why 😁
Hit up 👆 the handle..He ships 🍄🍫💊💨….
The streets will always win. Most dispensaries won’t deliver without taxing and won’t deliver after hours. Even if they compete with prices, the black market has FAR LESS over head and will continue to undercut dispensaries 🌳
More people growing. Simple economics of Supply and Demand! Before legalization an ounce of pot would run around $300. After legalization that same ounce now sells for $40.
Pounds are now going for $300-$650 on the black market here in Canada and it is going to destroy the industry. There are 5 dispensaries within 4 minutes of my house that are more likely going to go out of business and the home grow hydro shops in the area are expecting to be closing their doors by the latest this summer if business doesn't pick up.
At least the small businesses owners can get help with suicide in Canda
Canadian here too....yup its all true I live in Fredericton NB and we have around 50 dispensary on our reserve that are now struggling because of the online market.
@@vapor8067 what are you on about bud
@@vapor8067 Takes a based Canadian to understand that one.
That is crazy though that it is even going on.
I'm from Florida and understand what he's saying, talking about Canada's medically assisted program !
In California, the news is reporting the Black Market is killing the legal buisiness. Well, Michigan found the solution. Cannabis industry will one day look like the tobacco. The company to do so first, will gain yhe market. This lifting of the prohibition is fascinating to watch play out
The legal business is Killing the black market. Why do it illegally and pay more
They call it black market, I call it a guy growing for his buddies. I think individuals should be able to grow anything they want myself.
Not everyone has a hidden industrial grow, just a few outdoor plants can be more then enough for a lot of people.
California's taxes are too high. In states with lower taxes, the illegal market can't compete well.
@@Tuscarora21 you said that backwards. You pay more to do it legally.
@@jasonlarsen4945 the legal pot industry can't compete at all against the illegal weed market. It's the same in every state, the legal industry is regulated to death and overcharging is the business model.
40 a 0Z here in Oregon, all grower no buyers. that's why Oregon weed is flooding California black market. people are also mailing weed to other states
Hit up 👆 the handle..He ships 🍄🍫💊💨…
40 a oz for some fire??
they have some seriously talented farmers there. I think they will be ok in the long run.
maybe have to divert some cabbage into butter or...
1 gram of wax at the store is 45-90$ in my state... Or you can get 1 OZ of wax for 180$ off the street. Keep lowering them prices stores or u will NEVER keep up
We Ohioans just love Michigan. It's worth the drive. The state of Ohio is missing out on so much tax revenue.
The religious cultists in Columbus are more backwards than CatDog.
And Nebraska
Black market value doing fine like always
Hit up 👆 the handle..He ships 🍄🍫💊💨………..
Cheaper means more people coming in and possibly buying more.
Hit up 👆 the handle..He ships 🍄🍫💊💨………..
Nah more people competing in the market. Everybody wanna have the steadiest flow so if you gotta cheaper you’ll sell it faster
Problem with going cheaper, you not only sell faster but you lose money. Also it will set the prices for it even lower and lower making the farmer sell a pound for 500 or less. Plus everyone knows the cheap stuff isn’t the best and always most likely to be old. And a way to put street dealers out of business.
But it also means lower quality nutrients like athena or Jack's. Plus the growing methods suffer to since theres less incentive to put in the work. So everything suffers cuz the moneys just not there to produce correctly. I'm a true living organic grower that just cant afford to keep my lights on because of it. Im shutting down in April cuz those large salt nutrient guys who grow hundreds of plants at a time can u undercut my prices. I cant sell it for $300 a lb, but they can. Hope everyone enjoys those prbs, chelated minerals and short flush periods
Ironically cannabis passed in Michigan because of the tax revenue it would generate. Now black market tax free weed runs rampant…
I wonder if the grow your own or trusted source increase also has something to do with Fentanyl finding its way into everything, spiking fear.
Because everyone and their mother grows
Yep, and once everyone realizes growing is not rocket science these multi million dollar facilities will start to crumble. Unfortunately money talks and these companies will turn on the public the moment their profits take a dive.
Hit up 👆 the handle..He ships 🍄🍫💊💨……..
In California, weed is still extremely expensive. I have no idea what this news channel is talking about. If weed prices were truly plummeting, then you should be able to get 1000mg THC edibles for $40.00, but I can't find it. I also prefer mail order not delivery. I REALLY want marijuana, but in california it's too expensive and acquiring it is too difficult. I want it cheap and mail ordered.
Crazy how many people think thc percentage means everything,you could have a 19% bud with the same terpenes as a 27% bud it would have the same effects,also depends what part of the plant has been tested wether it be buds from high or low that makes a big difference because that will be stamped as the overall thc percentage
The entourage effect is also important. Growers seem to be more focused on high THC with no CBD; which the only benefit is getting high.
Hit up 👆 the handle..He ships 🍄🍫💊💨
Different parts of the plant has different levels and prices? The hell you say! Captain obvious trying to sound smart using a word like terpene,. Yes dude hash cost more and yes people cut dope
i’m sorry but you don’t know what you’re taking abt bro
@@allenhaywood9608 why did u mention dope when we are talking about weed, and you just ruined your image by acting like terpine is some big word most people don’t know 😬
Who would have thought weed sales would be effected by basic economic principals.
They giving it away now what a time to be alive 🇺🇸
Hit up 👆 the handle..He ships 🍄🍫💊💨
It barely gets you high .
Smoke 💨 crack
Bc it’s filled with chemicals
🤣
@@KD214_ everything lab tested get educated
@@johnfodo4129 lmao. You’re going to sit here and tell me that lab tested means that chemicals aren’t used I. The process. Get educated bud. Unless it no till living soil than it’s chems. Good try tho 😘
That's too bad man, I just stopped smokin yesterday...
good luck 🤣
Hit up 👆 the handle..He ships 🍄🍫💊💨………..
And there’s your scavenger smokers lol
I puff an ounce to help me take the pain out and if I wasn't high I'd probably blow my brains out, forgive me.
The over supply of product and subsequent price dropping is a good thing for medical cannabis patients. The "Medical Patients" are what matters. In the majority of cases Medical Cannabis Patients have made it possible to actually see federal decriminalization/ Legalization in hopefully in hopefully the next couple years.
@Wild West Pimp Style FYI - personally I get a temporary card from Oklahoma. I run down 3 to 4 time a uear and I'm stocked. Great prices for medical cannabis patients and low tax. The Missouri Cartel Controlled Market can jump off a cliff. Shop Oklahoma.
Actually, the medical patients who REALLY do need it ARE the ones I care about the most....
I’m glad it’s beneficial to “medical patients” what matters just as much as why it was made illegal in the first place and the people who suffered as a result. The people who use it to self medicate also matter most
Everyone matters not only 1 small group
Freedom is what matters.
I work in Ann Arbor for a company and one of the shops we package for sells half’s for $35 so I’m not surprised at all
Which shop is that
exclusive
The funny thing is is I can get way better pot on the street than the garbage they sell in the dispensaries for $100 an ounce and have been for about 2 years now and it's twice the quality of anything you find in any dispensary that stuff's almost like old Indiana ditch weed compared to the stuff most of us can get for $100.
cool story...
I forgot all about the ditch weed!! 😂
It’s been decades since I was a kid since I saw the ditch weed
I live in an area where the regular price was $1,500 a pound. Now you can't even get $200 a pound.
Well if it's 1500 a pound how do you expect to get it for 200 lb?? Or are you saying you can't even get $200 for a pound now it's that cheap?
@@timplumb21 that's what I'm saying. Can't even get $200.
I know people sitting on the stuff just waiting for something to happen.
And it's Gorilla Glue.
Stop the lies...street dealers have lower their prices...its business..I don't smoke so who cares
As a Canadian, our cannabis boom was fueled by being ahead of the world from a regulatory perspective. I remember the first conferences when the Jamaicans and Colombians showed up to try to figure out what happened to their market. Advances in product, process and overall efficiency quickly led to overproduction and trickled down to home growers as well. The real question was would more people start consuming or would users consume more? After 5 years or so I would say the answer to both was not really so with the ease with which you can grow high quality product coupled with the entire illegal industry disappearing, the race to the bottom with no risk premium in the price was on. Medicinal and Pharma applications became the only road to profitability.
We've spent half a century in Canada trying to get people to drink/drive more responsively, and now the SAME GOVT. and same corps. want in on the "new" thing. and get all of us high before going to MATH class?? i HAD TO talk to a young contractor at 10 a.m. about trash from the site blowing into our complex, and rolling down the window you could scrape the resin and smell off the glass. Is this really what we want?? High AS F. in the morning??? aND DRIVING??
Living in Oregon this happened here at around the 3 to 4-year mark as well. And I also noticed it in some other states too. It seems like at the 3 to 4-year mark is when the market begins to correct itself for the large amount of suppliers that entered the market at the very beginning.
What else could have been expected, lol.
ok so curious whats the oregon market like now? did prices go back up or remain stable?
Oregon has some of the best cheap weed I’ve ever smoked in my life. I love visiting
Exactly when it is firat legalized very few growers very few dispensaries they can charge what they want. In about a year or so the black market prices are half the dispensary price. The dispensaries have to cut prices.
@@caelencarstensen7274 what I buy has been very stable and low for the last year
As product supply bulks up and people are only allowed so much, the demand doesnt always keep up with supply. Leading to lower prices to get inventory flowing. Its been legal here in WA for 11 yrs now.... $55 for an oz is a pretty common price. But of course, you can still pay up to 100-200 per oz. Depends on brand, quality and inventory. (And our street prices are just the same as dispensary. But most street dealers cant keep up with demand and always run out.)
Cuz it's a plant.....that grows out of the ground........
Also, consider the over the top THC content of many strains. I've noticed a big drop in users here in Chicago over the past year or so. Biggest complaint, ironically, is that sht is too strong.
When people can source their own seeds and know the ferts/methods they are using to grow it, the whole process becomes much more controllable, etc. Compare that with 'commercial' ops (legal or semi-legal) these guys are pumping out product with the most 'bang fer the buck'.
Quit worrying about THC content- higher THC doesn’t mean that it’s better or that you’ll get higher
Ok... whatever dude 😂
@@deborahwhit118 The THC percentage doesn’t matter in flower and concentrates- the belief that it does is an ad populum fallacy.
There's a difference between commercial bammer and small batch high grade chronic!! $100/zip all day for the mids 280/zip all day for chronic!! Some know most don't.
👆👆he got Psychedelics are available 🍄 💊🍫.
That’s the part they ain’t getting. Niggas still smoke 300+ weed if you really wanna smoke too shelf
Most demand is for the 100$ zip
@@phapart 100 zips gonna get you outdoor or greenhouse at best!!
@@joedoherty100 I call it Panamanian red
Up on murder mountain, the old timers are moving out, there are houses for rent all out there. Good growers are leaving the field.
Hit up 👆 the handle..He ships 🍄🍫💊💨…..
And moving outta state
too many master craftsmen in one area. they need to spread out and educate the unwashed masses in the other states.
@@charleswidmore5458 I agree with the educating people who wish to grow, but the market is flooded and most master growers I had the privilege to meet are stopping, they said not worth the hassle anymore.
We down to $120oz here in Arkansas, but sure that will drop more after Missouri goes recreational, which is only 30min away... and about 30days out
I live just outside of Branson I can't wait for it to go recreational here in Missouri that's going to be great😉
Amen brother
The real cause is there are many growers and alot of supply. only way to offload is to make it cheaper before it goes bad. 109 for bottom shelf and its old ASF! Dont go off the % of THC go off your nose and how you feel about the weed, Not all expensive weed is the best. Im from Oregon and you can ge an Oz for 35$ all over the state.
Prices dropping is a good thing, frankly it should grow everywhere and be free to everyone.
it can be free, do it yourself lol. Dont expect the fruit of someone elses labor. Thats some slave shit. Be nice if things worked like that but it dont.
Back in the 70's my buddy Robert told me the only good stuff was Acapulco Gold and the next best was Columbian. He said everything else was ditch weed. Now with genetics, hydroponics and chemically laced or enhanced as producers like to say it's easily 3-6 times more potent. But from his experience the original Acapulco Gold still smokes better than Wicked Witch, Black Widow, Brown Recluse or any other hotrod smoke grown these days. He didn't and still doesn't go for the thc levels but in his words, " fine weed is like fine wine, you don't chug it you savoir it and enjoy a slow ride".
Thai -Stick Man …
Literally named 3 strains based from a 2000 strain called white widow.
Lmao bro…
not
@@mastergator9641 I am not familiar with weed and I made the names up to emphasize strength or so I thought I did. Plus, i also read a few posts here before posting. Never the less, my point was and still is that Robert felt the old stuff smoked better than the new hotrod stuff.
Words of wisdom...
Michigan is doing great! You can complain about the big growers driving the small guys out of business, but they are also driving the black market out of business at the same time. And since Michigan hasn't limited growers, prices for consumers are falling fast. First junk weed prices fell, but now you can get some great quality weed for $49/oz legally. California is an example on how to tax legal weed to death. Michigan is an example on how to bring it to life.
I just wish the Dispensaries product would not be as dry you know
That's a lie, expect to pay alot more for top shelf!!!
@@deborahwhit118 I've bought 30%+ Kush Mints and Moonbow at Pure Options for $49/oz. What do you consider "Top Shelf"?
I trust black market over government grown weed
Keep in mind anyone saying this is a bad thing. The reality some companies don't evolve and they still have the same prices as four years ago. They want to keep getting away with selling $60 eighths and $50 distillate gram carts.
Eventually they'll plead for more regulation so they'll force everyone out expect them. Greed is evil, anyone telling you top tier bud should be anything more than $150 an ounce is lying to you.
Yall are just helping the underground market grow stronger! 💪🏽
Actually it kinda hurts it..their prices go down and more people expect your prices to be lower..or they go to the dispensary..it's a double edge sword for sure
@@damejohn25 colorado has a 30% sales tax. An 1/8 cost 40 bucks plus 30%. You don't know what your talking about
Good atleast its not the corrupt greedy elites that piss on us daily.
@@niftysin don't think you understand supply and demand..having a lot of weed just sitting causes prices to go low. Everyone and their mama wants a dispensary and a lot of people have. They get an ass of weed and drive the prices down. I can give two damns about a sales tax or tax..hell that means they lose more even though the price "seems" high
@@damejohn25 You tlel them to go get it at the dispensary if they dont like the prices. Also the guy on the black market doesnt have to pay 50% taxes so lowering the price isnt hurting him like its hurting the legal dweeb
Weed is pretty much like Cigarettes now. Nobody cares about it but smokers. I’m from Cali and people walk around with QP’s hanging out there pockets like it’s bottled water. Times have changed
Hit up 👆 the handle..He ships 🍄🍫💊💨….
Must be nice
quarter pounds hanging out of pockets?
sounds like a free QP
@@Alpacabowl98 Go to LA and see it for yourself. You might have to go to some spots in the hood tho. Lol
What's irritating to me is I live in Pennsylvania. I really do not want to move out of the state just because they're such prudes against marijuana but I think it's time to get rid of all their hateful policies towards the stuff.
I wouldnt buy in any state that doesnt allow home grow.
PA so corrupt they're still trying to sell fake medical marijuana licenses
When the Amish mafia gets involved things might change.
Please stay in PA...
I definitely wouldn't move over Marijuana, I mean that's just silly.
15+ years ago I couldn't grow enough for the local demand at $300 oz. 5 years ago I couldn't grow enough at $200 oz 2 years ago I quit growing for others because they didn't want to pay $100 oz and at that price it's not worth all the time trimming and taking care of the plants, electricity, nutrients etc.
Well said. Not even worth being bothered for the prices nowadays.
Yep, I can't go much lower than I'm at now
That because it's cheaper but more harsh then indoor weed. You get what you pay for!! Like with fine wine or boones farm wine.
They are starting to realize the value....I grow and buy my monthly weed and it costs me 160 for a QP of top shelf stuff. 40 an ounce can't go wrong..... God I love Canada 🇨🇦
40$$$ an ounce??? Wtf!
Yup if you're a weed smoker at heart Canada definitely your spot 😉
@@WilliamDailyReacts yeah man.. used to pay 180 for the same stuff too..ever since full legalization here prices have just been going down. Especially online
How do you like that prime minister of Canada?
@@dalkhal lol I try not to think about him 😅
That price is so low that it forces or tempts growers to divert products to other areas where prices are better. Lower LA is 400/oz.
Where the fuck in LA are you paying 400 an oz?
@@lok777for anything good, always paid that much shit even 500. Grams for 20, real kush not that watered down 25 dollar 8ths everyone smokes on. I can get grams of weed for 4 bucks, doesn’t mean I’ll buy or smoke it tho.
The problem is the weed they are selling in Michigan is low quality trash, they are pumping out quantity not quality. I highly doubt anyone in LA who pays $400 an oz would even glance in the direction of the garbage they'd be peddling for cheaper
BS BS BS... I'm looking at what's selling in LA right now on my order app.. Greenhouse is $800 # Indoor is $1200 # ...ounces of concentrate(live resin) $175-300..
they dropping prices so small companies cant keep up so they gonna be take over by big corp :)
The price for legal marijuana was way overpriced from the beginning, costing more than triple what the illegal trade is charging. When done right, it cost almost nothing to grow it. That is why the illegal trade has not been hurt.
@Paul I pay about $15 per seed and grow under the sun with water from my rain barrels. I excavate holes and fill with good medium and nutrients that can be a bit expensive but cost per ounce is insignificant. In winter, I grow a few inside for fun and that's a different story but still not large after I had the box and LED lights.
Yeah you definitely don't know what indoor costs to grow. Bet the indoor weed hits better tastes better has a better high. You're also very wrong about the black market as well it took a nasty hit
The weed in the dispensary is not easy to grow. Indoor.
Absolutely false it's very expensive and a lot of time invested in growing marijuana Gtfoh...dude I've spent $10,000 on soil alone for one crop and that wasn't even a big crop...you are an idiot!!!!
@@megclifton6692 What quantity of cannabis are you growing that required $10K investment in medium?
It's the legal market fluctuating with oversupply. I saw the exact same thing in Oregon, weed went from $400 top shelf oz to $99 top shelf oz in the space of a couple months.
The market will soon stabilize.
$100/oz is still WAAAY overpriced for a flower. Imagine spending that much on Oregano?
The reality is marijuana has always been priced exorbitantly high because of how the illegality affected the supply. When It first started getting sold legally, there was a massive under-supply, again due to all the regulation. As we see it become more and more legalized in more and more places, we should see prices continue creep down closer and closer to the price of something like oregano or parsley..
@@dummkompf world class indo is not cheap to produce in the cold north. Outdoor strains in equatorial areas grow with nearly no production cost.
@@barryoconnor721 I grow weed. It costs about 10 an ounce to grow fire. I think 100-150 an ounce is where it will end up.
@@dummkompfyou’re trippen, how old are you?
That's a lie!! Top shelf is still expensive!!
On the streets an eighth of weed cost $50 max go to a weed shop you’re paying like $80 for an 8th, The prices are too high in the taxations too high with prices these high customers can’t afford to get high.😮
I'm in Washington DC and from Detriot, our cannabis has become significantly cheaper over the past year. The average bottom shelf cannabis is between $80-$120 on average now. Sales are really high because we have customers coming from Northern Virginia and Maryland on top of DC consumers. The cannabis business boomed over the 2020/21 especially after Virginia legalized recreational use of cannabis.
$80-120 an ounce?
@@jasonlarsen4945 You can get ounces of fire in AZ for 150. It is only 100 an ounce in WA/CO. 100 bucks an ounce for fire is where the prices are going to land.
@@lok777 You can get $100 ounces in MT too.
@@lok777 I wouldn't be surprised if they dropped to $80 next year after the market opens up to new dispensaries.
@@lok777 where? I just got a quarter for 100 from Reef Dispensary in PHX, big time rip off!
Prices have bottomed out here in Canada too. Just picked up an ounce of Durban Poison AA buds for $70 taxes in.
I don't even smoke that strain cuz it makes me crave human flesh
It's coming down to what it's worth.
Isn't it odd that in a time with record high inflation and pricing on gasoline, food and utility bills, you can still buy Marijuana at a discount price?