Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

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
Navigation: use the links below to view more comments.
first 1-2021-39 next last
Long article & excerpt required
1 posted on 06/29/2014 12:29:59 AM PDT by steve86
[ Post Reply | Private Reply | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

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")
[ Post Reply | Private Reply | To 1 | View Replies]

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)
[ Post Reply | Private Reply | To 2 | View Replies]

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.)
[ Post Reply | Private Reply | To 4 | View Replies]

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
[ Post Reply | Private Reply | To 5 | View Replies]

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)
[ Post Reply | Private Reply | To 5 | View Replies]

To: steve86

$480.00 for a dime bag...Hmmmmmmmmm


8 posted on 06/29/2014 5:53:30 AM PDT by Iscool
[ Post Reply | Private Reply | To 1 | View Replies]

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
[ Post Reply | Private Reply | To 1 | View Replies]

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.)
[ Post Reply | Private Reply | To 5 | View Replies]

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!)
[ Post Reply | Private Reply | To 2 | View Replies]

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.)
[ Post Reply | Private Reply | To 4 | View Replies]

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.)
[ Post Reply | Private Reply | To 6 | View Replies]

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.)
[ Post Reply | Private Reply | To 5 | View Replies]

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.)
[ Post Reply | Private Reply | To 14 | View Replies]

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.)
[ Post Reply | Private Reply | To 15 | View Replies]

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.)
[ Post Reply | Private Reply | To 16 | View Replies]

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.)
[ Post Reply | Private Reply | To 17 | View Replies]

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.)
[ Post Reply | Private Reply | To 18 | View Replies]

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.)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-39 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson