Posted on 11/15/2014 8:16:28 PM PST by steve86
PROSSER, WA- Fireweed Farm made history Saturday after they hosted the first marijuana auction in the state.
Nearly 500 pounds of marijuana were auctioned off Saturday to approved producers, retailers, and processors. Those bidders came from all over to get in on the marijuana action.
There is a first time for everything, and many did not know what to expect.
“I expected nothing to be quite honest with you and everything at the same time,” said Jack Ron, marijuana grower.
Nearly 100 producers, processors, and retailers from Spokane, Vancouver, Bellingham, and other areas around the state, bid on marijuana from Fireweed Farm in Prosser.
“I think it's a good idea to put your toe in the water, try something different like this. if he wants to take off early and not be stuck all winter packing this stuff into one gram packages. I hope he comes out well with it,” said Steve Walser, Buddy Boy Inc.
Not everyone came to buy. Some came to give support and to get new ideas for their own businesses.
“Granted we're in the business, so this also helps us kind of get some ideas for our own business as well and rub shoulders with the people in the industry,” said Ron.
Prices went for $2.50-$7 a gram. The prices for retailers was a little higher.
“I'm a little disappointed to see the prices they're getting, but it is interesting,” said Walser.
Fireweed Farm Owner Randy Williams said the auction expected to sell nearly 75% of the product and they were on track to hit that goal.
Williams was just happy with the support of the community and everyone who came out to the auction.
“I'm excited to be a part of it and the marijuana community is a good community,” said Williams.
History was completed Saturday evening after the auction finished. Williams plans to buy more land and grow even more plants next year.
Gets marked up/taxed up to $19 to $40/g at the retailer.
Hemp is good.
I have a jacket made of recycled hemp. Tough product.
The marijuana market is there.
I’d like enough to make 97 and a half feet of rope please
Way back when I (unfortunately) smoked it was $20/oz for a long time.
This is nuts.
In the 60s, it was ten dollars a lid (ounce).
I’m sure they’re all readers of Hayek and Rand. No?
Yeah, the price jumped in the late sixties when it got popular.
But it stayed at 20 for a long time. “Special” pot might go for 30.
Heck I want to start a weed business. With so many dumb liberals there is money to be made.
“well I got me two changes of BVD’s. I got me my guitar. I got me my address book, a... pair of socks, 4 masked marvel comic books, a tennis racquet and four hundred n’ ninety-seven n’ a half feet o’ rope.”
Paid $300/oz in 82 for righteous Humboldt county weed... the $20 stuff was seriously skanky and harsh.
I guess the 'dumb conservatives' are all at the liquor store?
In the late 80s I asked an old friend “what pot cost these days” and he told me $50 a quarter.
I said “Gee I thought it would be more. We used to pay $50 for a quarter pound!”
He replied ... “a quarter ounce.”
“The kind” in the Bay Area of SFO was about $400 a pound in the early seventies. About a buck a gram. 40 years. Not too bad considering
A lid?!......A LID???!! Lol!! I have not heard that Lid term in a LOT of darn years!! Remember the ‘3 finger bag’?!!!...(or if you were a pal of the dealers and he was feeling good, you got a ‘4 finger bag’!!!) for 2 fins!!!!!
Jaime Brockett fans on FR? Whoodathunkit. Just remember the wind and the rain.
Who is this 'Rand' you speak of?
$7 per gram is rughly $200 an ounce. That’s a lot for one ounce.
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