Thanks. Guess i have more reading to do now.
Enjoy those prices while they last. CO is down to $75-90 lb for indoor and $2.50-3.50g for 86-90+ distillate.
Once the hemp-derived bullshit comes to an end, the prices are going to rockkkeeet.
Those are clothes dryers.
Washing Machine "Salad Spinner" tek
But so were BOCK when they patented their centrifugal extractorâŚ.back in 1905 or so I believe.
See: Got BOCK? perhaps
Nah, our market is most likely considered more of a matured market now instead of an emerging market since its been around recreationally 10 years. Its normal for prices to go down and hopefully they will stabilize soon.
So how bad does the etoh eat up these machines ?? The washing machine is badass or in this part of the country redneck engineering at itâs finest is wat they would say ⌠will the bubble bag dude washing machine work also ??
Youâll want to get the right filter socks if you get a panda, at least two so they balance well as it spins. And have an assistant to hold the thing down, or strap it to the wall first, or else it will start bouncing around and spewing green everclear everywhere.
Our distillate prices are already at the level you describe here. Trim/Shake has a higher value as its used for more than just biomass here. Trim prerolls, preground bags, shake bags, and biomass for extraction.
The price went up over the summer and is coming back down for croptober now.
Michigan has had a competitive market since 2010⌠with a fully commercial market for the same amount of time as Colorado. I think weâre looking pretty good and growing sales year after year. 2nd biggest cannabis state market right now!
Someone def posted a few months back stating they pay $8-9/g for disty in MI. Could just be big guy vs lil guy. Buying bulk is always cheaper.
Thatâs different for sure. I guess as long as its stated âtrimâ you arenât trying to pull a fast one on your customers. Honestly not sure if CO sells trim like that.
Iâm glad to hear your market is still boomin. Hope you are prepared for when it slows. Corporates overbought, over extended, laid off mass amts of folks and brought our whole market down with it.
we have come a long way !!
Good times those days god the amount of gunk we have cleaned of the floors and walls
$8-9/g for disty in MI
Back when a few labs were such down for illegally bringing in converted D9 liters from New York there was a spike in prices. Then everyone started producing again (those who had stopped but had capacity just could not compete with the converted litersâŚ) and the price is back down to a totally normal and sustainable level, IMO.
I donât know what kind of âfast onesâ people are trying to pull on âcustomersâ. But if youâre buying a $2 preroll in Michigan - thatâs made out of trim, regardless of what their marketing departments have to say about it.
Iâm glad to hear your market is still boomin. Hope you are prepared for when it slows.
This is not to say that there are not consequences for overextending in Michigan. Thereâs quite a bit of people in bankruptcy or receivership or a combination of both. Capital is hard to come by. However - the belief that 100% of companies should have been always successful was hogwash to begin with. Less than 50% of companies make it through their first 2 years in any business thinking that cannabis should be different is ignorance of reality.
Of course companies are going to fail. Of course you may know some of those people. Companies will struggle in Michigan because we have a free Michigan market and they are competing against each other. That means their business practices, efficiencies, marketing plans, financial structures, etc. are competing with each other. Some will do better and they will succeed.
Winners and losers exist in capitalism. Fighting tooth and nail to make sure you are not in the losing category is the game. Every other day I might hate it but apparently thatâs the game people want to play.
Clean, non-converted disty in the Missouri market is going for $12-15k wholesale still. Itâs wild.
New markets are great. And they actually learned from CO/CA and limited the number of licenses here, which is really helpful when it comes to maintaining prices.
But I think we will be seeing a big drop in pricing very soon here. There is starting to become an excess of flower/trim in the market.
The market turns quick. Market slows. Itâs just natural to a maturing market. Make the money while you can and prep for the slow parts. Simple business plan. That was all I was saying. Only 20% of the companies in CO are growing and profiting these days.
Oh I know man, I agree with ya 100%. I came here from Colorado⌠So I saw the crash.
Luckily we have like 20% of the number of licensees here. so that will help some. but yeah itâs inevitable that prices will come down.
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Oh wow. Did I come off as a politician? Iâm 100% a business owner and grass roots activist.
Which parts were overly political there? Seemed like a very business focused post to me.
Apologies, I thought you were a business owner not a politician for MI. I wouldnât have responded to your post.
Youâre over there telling me to âchillaxâ and here you are hours later going after arguably one of the most kind-hearted contributors on here lol.
Youâre over there telling me to âchillaxâ and here you are hours later going after arguably one of the most kind-hearted contributors on here lol.
Im def not doing this. Apologies again if this is how it came out.
I donât know what kind of âfast onesâ people are trying to pull on âcustomersâ. But if youâre buying a $2 preroll in Michigan - thatâs made out of trim, regardless of what their marketing departments have to say about it.
The issue to this is that customers buy cheap. If they knew, stated, it was trim they prob would pass it up. We have pretty cheap pre rolls made out of worthwhile flower.
Oh wow. Did I come off as a politician?
The whole business 101 response but also I did remember reading you going to DC plus my sad quick google check. The activist thing makes sense now.
Anywho, foot in mouth.
Iâm at a company that is slowly on a losing battle. Expecting the market to fall should be a reality and prep for that should be a part of the business plan regardless of how great the market may be at this time. 2021 was CO most profitable year. 2022 down 20% and like I stated above only 20% companies are profiting in 2023. It happens quick.
I agree with you for once lol.
Cassinâs response was respectful as always.