any one sold to clubs yet

[m4rkk]

Originally Posted by DrGreen

Clubs in the bay area pay no more than $2500 a pound and usually around the $1800 area. There is one grower that gets close to a pound per plant and that is indoors. Using 5 gal soil buckets and using advanced nutrients. One of his strains is Medical Grade and the rest AAA rated. Clubs will not buy the AAA rated product.

Where are the grade ratings defined and how is the MMJ certified? Is it based on where the seeds come from or is there some objective test done?

[DrApotcalypse]

I have a contrary opinion to dr. green. I have been researching this reciently, some collectives either grow for themselves or use only trusted patient growers turning away all others, I know for a fact harborside turns away as many as 40+ patient vendors a day. Some collectives will only take your product on consignment, where you give them your product and you get signed guarentees that if they use it within two weeks you'll be paid a set ammount (as much as 4000 but expect 2500-3000.) etc.

[MileHighClimb]

4k? Really? That is preposterous, aren't we providing a medical service of our own free will for the better of your fellow man? Markups like that are usually reserved for rich custy folk who don't know any better, not a patient in need of medicine. After all, isn't one of the legalization movement's goals to try and drive down the price of mj? I know it is nice to make money, and that making money costs money. However the cost (aside start-up) is marginal when compared to profit. Just stirring the pot (heh).

[cloverguy]

I've been low balled $1400 lol, found out he was a prick and walked out. My medical grade compensation is $3200 and I also donate to some patients who are strapped finacially.

[Tokenhax]

Clubs keep their prices at street value for the most part to discurage patients from re-sale.

[Nic_TrZ]

Originally Posted by DrGreen

Clubs in the bay area pay no more than $2500 a pound and usually around the $1800 area. There is one grower that gets close to a pound per plant and that is indoors. Using 5 gal soil buckets and using advanced nutrients. One of his strains is Medical Grade and the rest AAA rated. Clubs will not buy the AAA rated product.
The popular clubs do about 15 pounds, daily. Usually at prices of between $45 to $75 an eight, some give volume discounts, some restrict the amount you can buy daily and some just offer straight pricing; All the clubs in the bay area, that I have knowledge of, grow their own and if they buy, its from a very select group of sellers/growers.
One of the clubs has gone private, with about a 2 year waiting list to join.....of course they have the best prices and top quality product....

The growers up north make their money off of the east coast buyers but even still they are selling pounds for no more than $2500 and with volume, about $2K.....its NOT Medical Grade I might add, good quality but not MG...
Dr Green

Sounds about right...Had a friend supplying one club around the bay with sum nice kush's and 25 was about the price he sed...

[teamgilly]

whats the differnce between Medical Grade and AAA rated? what cirteria is used? who decides?

[oneofthemguys]

Originally Posted by Tokenhax

Clubs keep their prices at street value for the most part to discurage patients from re-sale.

That's what I was thinking...

[tintala]

Just jumpin in to say:

I am a vendor, just became fulltime as well due to my limitations and disability as a PAINTING CONTRACTOR. i applied for disability and got declined, hence why I decided to be a supplier. My "co-op" is also my friend.. the coop compensates me for my , electricity, very expensive "organic" nutes which can be exponential. As well as time. my compensation depends on the quality and amount. usually around 3400/lb , if he supplies nutes, then around 3200, for "lower end" medical grade. The way I see it, there are different standards of "medical grade". some can be lower quaility, for patients who cannot afford the "TOP SHELF". so therefore someone has to supply the different standards. Top shelf can go for 4,000-5000 a lb. My coop offers to sell "their own growers" nutes at wholesale prices, ADVANCED NUTRIENTS usually. So he carries mostly organic meds at differing qualities, some can be as much as 65 an 1/8th, why? coz it's safer, the owner KNOWS where the meds comes from and knows they are organic as he visits each grow and sometimes supplies the nutes. One cannot resell on the street an dmake profits either. also there is a limit of amount one can purchase, usually no more than an ounce daily.

[teamgilly]

very interesting, i hope to one day be able to get rid of a suplus in a similar fasion

[oneofthemguys]

Basically they can't BUY it from you, but they can PAY YOU to grow it for them.

I'd imagine you're technically working as a contractor at that point and may need to file form 1099, to report that income. You can obviously write off all of your expenses like lighting and the nutrients, on your taxes, though.

If I were a full time grower, I would definitely keep my tax information squeeky clean, because you don't want to give the feds ANY reason to knock at your door.

Stuff to keep in mind. You could argue that it's a donation to a non-profit blah blah... but that's just putting a bigger bullseye on your head, in my opinion. Play by the rules and you won't get burned. You don't have to specify what your growing, either, you can say they're herbal botanicals, ferns, or something goofy. They don't care THAT much.

[teamgilly]

ill try homie

[oneofthemguys]

Also something to consider, regarding taxes.

If you pay your taxes somewhat generously, for working as a medical marijuana cultivator, and the feds actually investigate you. You're less likely to be hassled ever again.

The government would rather see some sort of flow of cash from a regulated product, than you try and hide behind some charity exemption to grow a pyscho-active plant, for profit.

Think of it this way, paying taxes on the profits is more of an insurance policy for leniency or even disregard from the government. If the industry continues to operate within legal reasons, more state governments will be willing to pick it up which will eventually lead to the federal government picking it up.

You can likely garauntee you'd go to jail, for cultivation, if you don't pay your taxes AND get busted.

[oneofthemguys]

Yeah cept they'll garnish your wages or throw your butt in prison, instead of giving you concrete shoes.

Dunno I spose I'd rather an overreaching government, than a mob... You have to KILL a mob to change their minds...