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 ...
Pot tax collections booming in Colorado - http://www.freerepublic.com/focus/f-news/3165689/posts
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?
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?
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.
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.
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.
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.
I can only speak for myself...I choose to buy it rather than grow it. Colorado tax revenues indicates I am not alone.
Give it time, assuming that growing is decriminalized, then you will have plenty of fellow druggies to buy it from for cheaper.
Sounds good to me.
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.
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.
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.
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.
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.
"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?
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?
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.
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