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Before pot yield of their dreams, constant care for fickle plants
The Seattle Times ^ | June 28, 2014 | Bob Young

Posted on 06/29/2014 12:29:59 AM PDT by steve86

Greenshields and Sewell envision their product selling for roughly $3,000 per pound. They believe their pot will be as good as anybody’s. But they want to be in the business long-term and establish a well-regarded brand. They don’t want to be seen as gouging the first customers just because they can.

After retailer markup and before sales tax, Sewell hopes consumers can buy an eighth of an ounce of AuricAG weed for $60. Top-shelf eighths sell in medical marijuana dispensaries for roughly $40. But dispensaries don’t pay the stiff state excise taxes that the recreational system will — 25 percent when producer-processors sell to retailers, and another 25 percent when retailers sell to consumers.

AuricAG’s 500-square-foot grow rooms should each produce at least 12 pounds per harvest, Elliott said, citing the growers’ general rule of one pound per light. The yield could be much more.

In its assembly-line system, in which new clones are supposed to constantly replenish supply, the AuricAG team hopes to pump out 500 to 1,000 pounds of pot in its first year.

That could bring roughly $2 million in receipts before taxes and expenses. As for getting rich, Sewell said, “I don’t see it in the short term.” But AuricAG does hope to increase the size of its operation one day, and it is already exploring new lines of business, such as packaging for other growers.

The company has more than 1,000 plants in various stages, from clones just 2 inches tall, to 2-foot-tall juveniles, to behemoths stretching above Arnold’s head. Every plant taller than 8 inches must be assigned a bar code and a 16-digit identifier for the state’s tracking system.

(Excerpt) Read more at seattletimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Washington
KEYWORDS: cannabis; marijuana; pot; wod
Long article & excerpt required
1 posted on 06/29/2014 12:29:59 AM PDT by steve86
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To: discostu
Some growers are seeking up to $5,000 a pound, Greenshields said, almost triple the price of pot on the illicit market.
2 posted on 06/29/2014 12:31:50 AM PDT by steve86 ( Acerbic by nature, not nurture)
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To: steve86

GOOD for them.


3 posted on 06/29/2014 12:42:52 AM PDT by Tainan (Cogito, ergo conservatus sum -- "The Taliban is inside the building")
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To: steve86

Well gee, then you think people will buy the legal, yet far more expensive pot or the still illegal but far cheaper version? Bunch of geniuses there, smokin’ too much of their product.

CC


4 posted on 06/29/2014 12:49:32 AM PDT by Celtic Conservative (tease not the dragon for thou art crunchy when roasted and taste good with ketchup)
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To: Celtic Conservative

It won’t be long before the users just grow their own, growing decent pot is no more trouble than growing good tomatoes, and once guys start getting into it, they will be ever improving, and selling it cheaply or for cost to their friends, and trading versions of it and so on.

If you have ever been around pot growers or tomato growers, you know how it catches on and develops into a kind of gardening competition among friends and neighbors, roses are like that.


5 posted on 06/29/2014 12:55:45 AM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12

Nonsense. Pot smokers are too lazy to grow their own. /s


6 posted on 06/29/2014 4:45:36 AM PDT by Wolfie
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To: ansel12
It won’t be long before the users just grow their own...

This.

If a black-market guy can make a decent profit on his "product" at his price, legal growers should be able to also, despite the heavy taxes (look at tobacco or alcohol).

But eventually, a lot of people will start to grow their own, like your tomato example, and save a LOT of money.

7 posted on 06/29/2014 5:03:20 AM PDT by jeffc (The U.S. media are our enemy)
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To: steve86

$480.00 for a dime bag...Hmmmmmmmmm


8 posted on 06/29/2014 5:53:30 AM PDT by Iscool
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To: steve86

Product selling for roughly $3,000 per pound.
Stoners say weed doesn’t make them stupid LOL.


9 posted on 06/29/2014 7:46:27 AM PDT by Vaduz
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To: ansel12

I’m holding on to my heirloom seeds...
Gonna be big money in them some day...


10 posted on 06/29/2014 7:50:59 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: steve86

Some growers. That’s not even that expensive for top end stuff. I know stuff that goes for over $1000 an ounce. The interesting part about a white market is you can ADVERTISE differences in quality. So the prime market and the ditchweed market will really separate themselves.


11 posted on 06/29/2014 10:03:04 AM PDT by discostu (Ladies and gentlemen watch Ruth!)
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To: Celtic Conservative
you think people will buy the legal, yet far more expensive pot or the still illegal but far cheaper version?

Consumers will pay a premium for quality control and staying on the right side of the law - but I doubt many will pay triple. Either these sellers will realize they can make more money at lower prices, or new competitors will enter the market and drive prices down ... or both.

12 posted on 06/29/2014 10:13:09 AM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: Wolfie

Get real stoner, join reality.

Growing pot is not work, it is just a plant.


13 posted on 06/29/2014 1:39:44 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
growing decent pot is no more trouble than growing good tomatoes

And yet people make money selling tomatoes.

14 posted on 06/29/2014 1:53:45 PM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

You think that is brilliant, and the equivalent to selling pot for 50 cents or a dollar a pound to everyone, and as the basis for a large portion of foods and sauces and Ketchup and hot sauce?


15 posted on 06/29/2014 2:04:01 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
You think that is brilliant, and the equivalent to selling pot for 50 cents or a dollar a pound to everyone, and as the basis for a large portion of foods and sauces and Ketchup and hot sauce?

Sorry, I don't speak gibberish.

16 posted on 06/29/2014 2:08:26 PM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

You claim to not think it, but you sure write it.

You compared growing pot for it’s users, to growing the ubiquitous tomato that farmers probably make a dime or two per pound.

Even at the end of the supply line for tomatoes, buying them whole for a salad, I don’t pay more than 50 cents a pound, and that doesn’t count Ketchup and canned sauces etc.

You thought your point was brilliant? What are you smoking?


17 posted on 06/29/2014 2:27:43 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
So your theory is that you can only successfully sell a plant product if it's very cheap?

Like tobacco?

18 posted on 06/29/2014 2:58:23 PM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

Huh?

The article is about buying pot for $3,000 a pound in a bag.

Pot is so easy to grow that some of us have had problems eliminating it from our yards.

Is growing pot complicated to you? Have you ever grown tomatoes?


19 posted on 06/29/2014 3:08:32 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
Pot is so easy to grow that some of us have had problems eliminating it from our yards.

Did any of you ever know anyone to get high from that pot? Many cannabis plants are very low in THC.

Is growing pot complicated to you?

I grew some once that didn't get me high.

Have you ever grown tomatoes?

Yes - and with less care than I gave my pot, the tomatoes met their intended purpose.

20 posted on 06/29/2014 5:46:07 PM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ansel12
It won’t be long before the users just grow their own

Pot tax collections booming in Colorado - http://www.freerepublic.com/focus/f-news/3165689/posts

21 posted on 06/29/2014 6:25:02 PM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

Growing good pot is easy, it is baffling why you want to pretend it isn’t.

When it becomes legal to grow it, it will become common to do so, and it doesn’t take but a few growers to supply a large number of druggies, a common home owner can supply a lot out of their own back yard.

Did you make an effort to grow decent pot and fail, is that failure permanent, something beyond your capabilities?


22 posted on 06/29/2014 6:31:57 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ConservingFreedom

In your desperation to promote drugs, you keep overlooking the obvious, give things time.

When growing becomes legal, then it will become a popular pastime for the drug crowd.

Are you going to pay a lot of money you don’t need to, when you can grow it in your living room?


23 posted on 06/29/2014 6:40:19 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12; ConservingFreedom

I imagine it’s a matter of convenience. Growing good marijuana is not an insignificant amount of work. I imagine the number of people doing that would be similar to those that grow their own tobacco. Not many, in the overall scheme of things.


24 posted on 06/30/2014 3:39:46 AM PDT by Wolfie
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To: steve86

I don’t know a thing about growing pot, but there are many tobacco farms where I live. Growing tobacco in a field is one thing. Harvesting and properly curing such that the product sells for a good price is a whole different process.


25 posted on 06/30/2014 4:07:08 AM PDT by Palio di Siena
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To: Wolfie

It isn’t difficult at all, and growing pot gives you all you need and all your drug friends want to buy from you in a baggie, while growing tobacco only gives you a raw product that few people are interested in, it doesn’t give you 20 to 60 filtered and blended and neatly packed Marlboros, or Virginia Slims per day.

When I smoked cigarettes, I needed about 450 or more perfect Marlboro cigarettes a week, or Winstons if I went to the beach, while my roommate who grew pot, would have his customers show up for a baggie of loose stuff every couple of weeks, and his pot was good enough that you would recognize the last name of some of his customers.


26 posted on 06/30/2014 6:06:10 AM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: Palio di Siena

My Indian grandmother grew her own tobacco to chew, but no one wanted to buy a bag of her loose product to replace their cigarettes.

If you had grown some pot next to it, baggies would have flown out of her house.


27 posted on 06/30/2014 6:11:07 AM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12

I can only speak for myself...I choose to buy it rather than grow it. Colorado tax revenues indicates I am not alone.


28 posted on 06/30/2014 6:48:15 AM PDT by Wolfie
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To: Wolfie

Give it time, assuming that growing is decriminalized, then you will have plenty of fellow druggies to buy it from for cheaper.


29 posted on 06/30/2014 6:59:31 AM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12

Sounds good to me.


30 posted on 06/30/2014 7:05:35 AM PDT by Wolfie
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To: ansel12
In your desperation to promote drugs,

I do not promote drugs - I note the harms of all drugs, including tobacco and alcohol. What I promote is the freedom of legally competent adults to decide for themselves whether the perceived pleasures of drugs outweigh the harms.

you keep overlooking the obvious, give things time.

That's what the liberals say about the War On Poverty. How much time?

When growing becomes legal, then it will become a popular pastime for the drug crowd.

Either personal growing is already legal in Colorado, in which case plentiful pot tax revenues prove that personal growing has not crowded out retailing - or personal growing is not legal in Colorado, in which case there's no apparent reason to expect it ever will be.

31 posted on 06/30/2014 8:56:43 AM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

LOL, you take your self so seriously with your tone, as though you are going to say something meaningful, or insightful, but your posts are so trivial and shallow.

You really seem to have a problem in realizing that it will be quite some time before we learn about where pot growing will be heading, for instance in Colorado.


32 posted on 06/30/2014 10:43:06 AM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
"All available evidence is against me ... but someday I'll be proven right - just you wait." Whatever.
33 posted on 06/30/2014 10:50:19 AM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

No, non-gardeners do not suddenly become gardeners overnight.

Assuming that growing becomes decriminalized or legal, then it will start springing up and apartment dwellers will start buying kits.

It takes a little time for something like that to catch on, and for the novelty of paying so much for store bought, to wear off.

It is baffling why you think growing plants is such a big deal, and unlikely to catch on, even on a thread talking about the plant selling for $3,000.00 per pound, that people are perfectly capable of growing themselves.


34 posted on 06/30/2014 11:23:16 AM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
Assuming that growing becomes decriminalized or legal, then it will start springing up and apartment dwellers will start buying kits.

Assuming that frogs grow wings, then they will stop dragging their posteriors on the ground.

It takes a little time for something like that to catch on, and for the novelty of paying so much for store bought, to wear off.

What "novelty"? Pot smokers have been buying rather than growing for decades.

35 posted on 06/30/2014 11:30:50 AM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

The difficulty of hiding plants seems to be about the only obstacle to growing them, since pot is becoming legal, we can assume that growing it will become legal or decriminalized at some point.

Since you seem to know, tell me the statistics on how much pot growing was taking place in Colorado before the drug was legalized, and how much is being grown now.


36 posted on 06/30/2014 11:40:55 AM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
Colorado legalized just enough personal growing to not undercut legal retail sales:

"Possessing, growing, processing, or transporting no more than six marijuana plants, with three or fewer being mature, flowering plants, and possession of the marijuana produced by the plants on the premises where the plants were grown, provided that the growing takes place in an enclosed, locked space, is not conducted openly or publicly, and is not made available for sale."

Since you seem to know, tell me the statistics on how much pot growing

Where did I claim to know that?

37 posted on 06/30/2014 1:33:18 PM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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To: ConservingFreedom

Since you seem to know if growing has increased or not, and will not increase in the next few years, I assumed you had some statistics.

How do you know that it hasn’t started catching on already, and if the law is as you claim, then I think we can assume, that growing pot will become much more common.

Wouldn’t you want to grow it if you could figure how it is done, wouldn’t you at least want someone in your drug group of friends to grow pot for you?


38 posted on 06/30/2014 1:42:37 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: ansel12
Since you seem to know if growing has increased or not,

What I know is that retail sales are doing fine - therefore it is not the case that "the users just grow their own" nor does it appear to be trending that way.

and will not increase in the next few years

No, for me to rightly mock your "just give it time" antics is not for me to make a prognostication of my own.

39 posted on 06/30/2014 2:33:51 PM PDT by ConservingFreedom (A goverrnment strong enough to impose your standards is strong enough to ban them.)
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