Cannabis Prices Maintaining With a Promise of an Increase, Says Marijuana Business Daily

Harvest marijuana iconThis week, Marijuana Business Daily announced that cannabis prices are “holding steady” and demand is growing. The article states,

The positive upward trend of both prices and demand has some businesses maxing out capacity and increasing production.

Growers in the state report pounds of wholesale cannabis flower are selling for:

  • Indoor: $1,800-$2,200 (similar to this time last year)
  • Greenhouse: $1,150-$1,300 (up 30% from last year)
  • Outdoor: $900-$1,100 (similar to this time last year)

A number of those quoted expect prices to rise through the spring. One person, Graham Farrar, president of Glass House Group, noted, “There are less cultivation licenses today than there were in 2018.”

Another, Autumn Shelton, owner and CFO of Autumn Brands, said that the outdoor harvest appears to have not produced as much as usual relative to the need.

“We’ve seen a huge uptick in demand, and prices already starting to go back up again,” she said in the article. “That’s unusual.”

The article reports that growers say hurdles that need to be overcome include…

  • More retail outlets are needed to create an adequate marketplace.
  • The majority of municipalities across the state haven’t got on board with licensing cannabis businesses.
  • Taxes are too high. Flower is taxed at about $150 regardless of the price it fetches on the market, which cuts into profits.
  • The illicit market continues to thrive, both in the cultivation and retail sectors.

Check out the whole article here and let us know how this compares with what you are seeing?

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85 comments

  • Most of the permit holders i know sell their shit on the black market anyways while my grandparents get an abatement letter for their 12×30 greenhouse they can’t get a permit for because they don’t own 5 acres

    • Elect anyone else for Sheriff

      Sorry to hear about your grandparents situation. We are really seeing a travesty of justice. Prop 64 was a tremendous mistake that has allowed the largest of the mega growers, carpetbaggers, and trustifarians to capture regulation, and strangle the small grower.

      Unfortunately even if your grandparents had 5 acres, they would need proof of a grow existing prior to 2016, or have to be located on prime ag soil. And the cost of permitting is untenable for a 12×30.

      • So many of these small time Ma and Pa stories… Needs to be an exemption for folks like that… please chime in Humboldt, on this page and to your supervisors at the county and state level…

        • We’ve been begging our county supervisors and planning and building department for change for years. They do not care to help small farmers and that’s impacting everyone. Estelle and bohn have got to go before there is hope for Humboldt.

    • Should have paid, haven’t they seen the Sopranos?

    • When the 5 years are up and BIG farmers get involved its all over for Humboldt and all small growers. They will lobby and get interstate cannabis sales and it will drop prices to nothing with high supply and under cutting prices until They have the 98 % of the Cannabis Market.

  • I agree…evry legal grower is weak af there prduct sucks …they set up competitions were only they can enter…were gramma and gramps cant …take there earnings and pay law enforcement to go after people with abatements…im not hating im just saying…

  • Class action lawsuit on the abatements. Unreasonable fines. Is easy to best them.

  • Any reason why they cannot publish who is stating this; “Growers in the state report pounds of wholesale cannabis flower are selling for:”

    Where is the evidence of this so called “positive upward trend of both prices and demand has some businesses maxing out capacity and increasing production”?

    Where, the black market?

    • It’s source is from within the $64 State sponsored marijuana club. Not to be confused with the real market. Would the $64 club sponsor a report where the future of “legalites” is dismal?

      The real market is open to all comers, $64 and original. Yes we’re doing as well as ever. The correct measuring scale would need to be the consumers not the hopeful “legals”

  • Do not support the megagrowers

    Never buy from a dispensary!

  • So let me get this straight…they make it legal. Then they go ape shit busting all the growers, while making it expensive as hell to be legal?

    Of course their are less growers and of course prices are rising. This will continue until huge mega rich corporations are the only ones growing weed, and only the mega rich will be able to use this medicine.

    I’m only 44 surely there are people here older and wiser than me that have seen this move time and time again, as capatilism sinks its claws into every single aspect of our lives.

    • Capitalism!?

      Regulations, and taxation are not the hallmarks of capitalism!

      It may be called “legalization”, but this ain’t no free market.

      Think opposite day, orwellian double speak….it’s the opposite of capitalism, it’s the collusion of big business and government enforcement.

      • Name one purely capitalist society.

        • Closest one was United States….was, United States.

          • Pre-industrial America? When did it all go wrong? The end of slavery? The Interstate Commerse act? Occupational Safety and Health Act?

            There’s a word for purely-capitalistic industrial societies: Dickensian. In modern parlance: Shithole Countries.

          • Don’t miss it.

            The purest form of capitalism is free market or laissez-faire capitalism.

            Britain and the US did have the closest forms of pure capitalism.

            That was when you could hire children and not pay them the shit wage you promised, when you would laugh at a black man who thought you might hire him, and there was no minimum wage for companies to adhere to.

            Oh yah, you could pour your garbage, spent fuels, oil and dead workers from poor working conditions downriver too.

            We now have a mixed economy market.

            It allows for government regulations and standards.

            • Regulations to protect people and land…good.

              Regulations to block freedom to prosper…bad.

              Which one do you think “legalization” is.

              Besides slavery and women’s rights early United States was pretty good.

              With our new understanding that “all men created equal” means “all humans created equal”, the United States constitutional republic has the potential to be the most fair and free society on Earth.

              Has the potential…

              • Any regulation that protects people and land can also be seen as a blockade to freedom of capital prosperity.

                Specifically with 64 I’ve said consistently that the “transition period will be very rough” for many.

                64 did sell out somehow regarding the last minute changes to the proposed time-period of farm sizes being capped.

                However in a discussion of a desired “freedom” to “capitalism” we can see how the cap size may have been unconstitutional.

                Soo…… one more of my quotes:

                Governing must suck

                There is a modocus of trying to serve “the people”, and the people are nearly 300 million differing opinions.

                Creating regulations that protect people and land are a part of social governance influencing capitalism for a contemporary and ideal betterment.

                Social governance is best when coupled with democracy, or a representative republic (they are the same).

                Allowing for free press and elections and protest and speech is vital.

                The recent executive debacle is one more step away from:

                Of the People By the People For the People.

              • Beside that little thing we were a huge part of … Slavery.

                Good job downplaying slavery. Go back to bed.

                • You said “ we were a huge part of slavery”

                  no we weren’t. I wasn’t born yet. Get over it. Happened so many fracking years ago. Hunting bobcats is fun too. They look good on my wall.

            • “Rightful liberty is unobstructed action, according to our will, within limits drawn around us by the equal rights of others.” – Thomas Jefferson

              You misrepresent free market capitalism.

              None of your examples are valid because they all violate the liberty of others.

              • Free market capitalism is free to stomp on liberty because free market capitalism has no Constitution.

                • Without the Constitution there is no free market capitalism. Free market capitalism requires people to be free to exchange their capital. It is a tough balance, but that is how it works. Every other economic market existed under the strong-arm of a government, tyrant or whatever you want to call it. The revolutionary part of the USA was the liberty people have to do what they want as long as they don’t infringe on another’s liberty. Petitioning by the people to find those boundaries (contract or criminal) was the sole purpose of the government in the USA when it came to dealing with the populace…

                  • I think your talking about apples and oranges and saying they’re oran-ples.

                    Capitalism has nothing to do with America or the Constitution.

                    Just because the pioneers used capitalism, owed to their british ancestors and more before them, does not mean capitalism has a moral or legal document protecting rights.

                    Capitalism is not a country and it has no persons to protect.

                    • You don’t understand the ideals of liberty upon which this country was built.

                      The free exchange of private property or resources (time) is integral to freedom. Without one we don’t have the other.

                    • The American Founders believed that the authority to regulate trade was a necessary tool of foreign policy. They saw that free trade among nations is to be desired, but they also thought that it could only be established if the government had a power to counteract the restrictive policies of foreign nations, thus opening their markets to American goods. 

                      More generally, it would be a mistake to turn to the Founding in order to find any specific trade policy for the present. In writing and defending the Constitution, the Founders established and explained the purposes of certain governmental powers. They did not presume to dictate to future generations the particular policies that should be enacted utilizing those powers. 

                      According to Locke, upon entering into civil society, a man “gives up” his natural freedom—that liberty to do whatever he thinks fit to preserve himself, within the limits of the law of nature—to be “regulated” by such “laws made by the society” as are necessary to securing “the preservation of himself” as well as “the rest of that society.” These civil laws, Locke notes, will “in many things confine the liberty” man “had by the law of nature.”

                      Moreover, in giving up his unfettered natural liberty upon entering into civil society, man also gives up an unfettered control over his property. To be sure, for Locke, civil society is instituted in order to protect private property. He therefore insists that government has no power to take the property of subjects “without their own consent.” Without this guarantee, there could be no right to property. Nevertheless, Locke believed that a secure right to property can coexist with laws governing the conditions under which property is held, used, and exchanged. Accordingly, Locke acknowledged that within civil society, public authorities have a legitimate “power to make laws, for the regulating of property between the subjects one amongst another.”

                      https://www.heritage.org/american-founders/report/the-founders-and-free-trade-the-foreign-commerce-power-and-americas

                    • “… upon entering into civil society, a man “gives up” his natural freedom—that liberty to do whatever he thinks fit to preserve himself, within the limits of the law of nature—to be “regulated” by such “laws made by the society” as are necessary to securing “the preservation of himself” as well as “the rest of that society.”

                      As I said, “It is a tough balance, but that is how it works. ”

                      As you quoted: “The American Founders believed that the authority to regulate trade was a necessary tool of foreign policy… they also thought that it could only be established if the government had a power to counteract the restrictive policies of foreign nations” Yes and something for which Trump has been criticized.

                      And this is key: “He therefore insists that government has no power to take the property of subjects “without their own consent.” Without this guarantee, there could be no right to property.”

                      Again:
                      “Rightful liberty is unobstructed action, according to our will, within limits drawn around us by the equal rights of others.” – Thomas Jefferson

                      Funny how people will use the Heritage Foundation when it suits and deride it as right wing when it doesn’t.

                    • Nevertheless, Locke believed that a secure right to property can coexist with laws governing the conditions underwhich property is held, used, and exchanged. 

                      You might have missed that point from the above post.

                      But if you have a problem with the words at Heritage, because it’s point is quite clear, then let’s go here:

                      “Rightwing politicians and their publicists, like their liberal counterparts, are interested in the past only as repository of pseudo-facts. They plunder the past to make debating points, most of which are unsupportable.”

                      Crawford cites the Founders’ views on government regulation as an example. “The evidence seems to suggest that Jefferson and Washington and the men of their time and place had no problem with government regulation of markets,” he says.

                      “County courts in Virginia exercised what conservatives today would consider outrageous power over economic relationships and transactions. They could set the prices innkeepers could charge their customers — that sort of thing. We might now recognize such powers as unwise or misguided, but Jefferson and Washington seem to have taken it for granted,” he adds.

                      “This isn’t to suggest today’s conservatives are incorrect in their economics,” Crawford concludes, “only that they are incorrect to attribute their views to people who could not possibly have shared them.”

                      https://www.fool.com/investing/general/2011/12/22/did-our-founding-fathers-believe-in-free-markets.aspx

                    • Hence the balance I mentioned.

                      The Feds betrayed the People as soon as they got into power. You only need to look at the whiskey rebellion to see that. That doesn’t negate the validity and intent of the original contract.

                    • The federal government ended slavery. Capitalism had no problem with it.

                    • What’s the “original contract”?

                    • Declaration of independence, the US Constitution and the Bill of Rights.

                    • The point has already been made that the founders believed in law over anarchy in protecting private property.

                      And the documents have no direct statements on what economy to practice.

                      The word “capitalism” wasn’t even coined until the 1800s. Constitution be damned.

                      If you want 1700 era workplaces, here’s what you want:

                      Paying children 1/10th that of a man, a woman 1/5th. No blacks.

                      Hiring a new employee when one of the kids lost a limb in a machine, without compensation.

                      16 hour days.

                      No vacation.

                      6 days a week.

                      No benefits.

                      Paid in goods owned by the employer.

                      Total disregard for worker safety.

                      No thanks!

                    • Again, you don’t know what you’re talking about, conflating free market capitalism and abusing individual rights.

                    • Well I think I have a firm grasp on what is economy and what is Government.

                      Thanks for your opinion.

                      Again, capitalism has no Constitution.

                      Our Government does have a Constitution.

                      It’s very simple.

                      Industrial revolution era has a solid record of abusing individual rights in the name of “capitalism”.

                      Our Federal Government stepped in to protect citizens, starting slowly in 1833.

                    • It’s not an easy topic and requires more reading of complex ideas than short quotes offer. Although, as someone who supposedly supported Ron Paul, you should be crystal clear on this concept since it was his core belief for political ideals. I suggest reading the whole paper:

                      https://www.heritage.org/political-process/report/the-economic-principles-americas-founders-property-rights-free-markets-and

                      The Economic Principles of America’s Founders: Property Rights, Free Markets, and Sound Money

                      Abstract: Although there are many scholarly treatments of the Founders’ understanding of property and economics, few of them present an overview of the complete package of the principles and policies upon which they agreed. Even the fact that there was a consensus among the Founders is often denied. Government today has strayed far from the Founders’ approach to economics, but the older policies have not been altogether replaced. Some of the Founders’ complex set of policies to protect property rights are still in force. America has abandoned the Founders’ views on the gold and silver standard, the prohibition of monopolies, the presumption of freedom to use property as one likes, freedom of contract, and restricting regulation to the protection of health, safety, and morals. But in other respects, America continues to offer a surprising degree of protection to property rights in the Founders’ sense of that term.

                    • I’m much more intelligent in 2019 compared to 2008, what can I say.

                      (I actually almost said a lot more regarding me and Paul, but I thought better to sum it up)

                    • Intelligence changes very little through adulthood.

                      Regardless, disagreeing with a philosophical idea is fine, but you have to understand it first.

                      Again, this offers a great discussion on the topic:
                      https://www.heritage.org/political-process/report/the-economic-principles-americas-founders-property-rights-free-markets-and

                    • I will read that, but what the better of me meant to say above is I’m older.

                      Ron Paul at the time was a radical change from the Iraq war rhetoric and his push to audit the fed, especially after the 08 crisis was welcomed at the time by a younger me.

                      I wasn’t happy on his abortion stance but respected his background for his view, also I hoped he would respect state rights more than any other of his personal mandates.

                      His philosophy on no regulations was also highly questionable to me as I’ve always been a nature steward, and disagree that Public parks are better maintained in private hands.

                      I doubt much of his philosophy would have become policies.

                      I wonder though, what is an example of a
                      Laissez-faire capitalist system?

                    • Ron Paul didn’t advocate “no” regulation, rather market regulation.

                      There are many free market micro economies: farmer’s markets, roadside stands, garage sales, ebay, Craigslist, etc. These all seem to work mostly fine. As with anything there are kinks but they get worked out.

                    • Kudos for being civil with someone who has the nerve to question your intelligence. One’s opinion doesn’t make one any smarter non withstanding Rover’s insinuations.

                • Of course we need some regulation.

                  Regulation to keep it fair and free.

                  Not the regulations we see today. Bought by big business, for big business.

                  Do the regulations work for the people, or for big business…due they hold down the small business, and lift up the mega corps who paid to push the legislation through….yes…they do

    • Welcome to California.

      • The only thing we need to remember is: the black market train is leaving the station and it’s heading towards national legalization, which will put us all out of business. Whether you are ‘legal ‘ now or not, you are feeding from the same black market trough. The train is not there yet, and our state legalization is just one stop on the trip. Many are still hanging on, some are getting rich but remember this is just a nice little bump in the graph, which is heading straight down.
        You can stay black market, or shovel all your money into a permit, but this is the truth- the market is dying as soon as we have federal legalization. That’s the end of the train ride, and I would wager it’s coming sooner rather than later.
        One possibility- Trump is re-elected and it may stay illegal another four years. That would soften our landing a little more, allow a little more of a longer trip to the bottom, and hopefully a little more time to reinvent our economy before it hits bottom.
        That would be the only good thing to come out of a trump election; the rest of our country will go to hell, I think.

  • Most permit holders are keeping the black market and criminal gangs alive. While not being checked for the increase of environmental degradation of there poorly maintained farms. Lots of out of state buyers moving large volumes of product like it’s 2012

  • We must unionize the poor and slaughter the donkey.

  • Growing clean product with family type distribution is one of the last harmless ways to make a living while attempting to subvert the dominant paradigm. Of course big cheese wants to take over. Fight the power!

    • Correct. Deficit spending to eternity has brought us here. This is about taxes, controlling the markets and Uncle Sam getting paid for someone else’s hard work.

  • Read the POOP letter from a while back on this site. “Permit Out Of Poverty”, for Seniors only, 10-12 lbs.

  • We the corparation,by the corporation, in corruption we stand

    ELECTIONS ARE HERE ITS TIME TO GO VOTE AGAINST OUR OPPRESSORS AND EXTORTIONISTS!!!!! They’re weaslin,lyin,and fake smilin to try to get your vote once there in its bend over time with no lube !!!
    DO YOUR RESEARCH MOST OF EM ARE TRASH BUT SOMETIMES WHEN YOU DIG THROUGH TRASH YOU FIND A SHINY OBJECT!!!!!!

  • I just can’t handle the minimum wage slavery that goes with legalization besides the extortion tax. I guess I’ll always be an outlaw.

    • You can’t afford to pay your workers burger king salaries, growing the most profitable crop in the world?

      • Not after all the other taxes . It took a quarter million just to say hello

        • It takes hella permits to start any kind of farm, and even the shittiest, moldiest weed sells for approximately 500 times the price of a pound of tomatoes. And you can sell shake, too!

          Nobody has an excuse not to pay their workers fairly, legal or not.

          • stop buying merchandise from overseas, and only buy American. That will give American companies and individuals workers more leverage against the kind of factory models that pay pennies on the dollar in comparison for wages.

            Buy “MADE IN THE USA”

      • Some people refuse to pay others an unfair wage even if it means doing something illegal to keep paying.

  • Crunch your numbers folks.
    From seed to sale the hours involved. No matter how much you grow. Taxes, supplies, paying yourself etc.
    Below minimum wage for producers.
    EXAMPLE…
    Club buys product oh $600 is all you get, there is so much other better out there and your product aint top shelf.
    Producer takes it leaves sad, thought product was fairly good.
    NEXT DAY SAME PRODUCT IN CASE AT 45 AN 1/8th. Thats nearly $6000 a pound.
    SMH!

  • According to news items I have read, 70% of our local product is sold on the black market. From my personal knowledge this sounds right to me. I feel bad for those struggling with the legalization and permitting issues, but at least the black market growers can still eke out a modest income supplement with 5-15 lbs of stealth grown. We legacy small farmers really have no other option. Too old to work a “real” job, and social security is a safety net with big holes.

    • Lets elect a Supervisor who will give a POOP!

      • older than I care to be

        I can see the campaign signs already–
        Vote for —–
        “I will POOP for you, not on you!”

        they’d get my vote

    • Yup; all those three-hour-hike-away-with-backpacks spots are nicely flushed and waiting! Low-stress environments, no traffic, …ahhh… “The good old days”.

      • So true. God I’m to dam old now. But dam I miss those days. Tunnels through manzanita swatting bugs and always listening.
        Dang Blue Jays

  • The faux Handyman

    Good news for all the dope growers, this would explain why the parents at trinidad school seem upbeat these days, rolling up late in their flip flops and heading off to yoga and coffee for the rest of the day.

  • Mikey don’t likeit

    Can’t we legally grown 6 plants In Humboldt producing 60 # annually? That’s enough to pay bills and survive. Of course that’s black…price of inside is going up. Very soon price of whites going up. It’s just if businesses can stay afloat, keep putting in to maintain license until.. licenses are going down. Retail has shit product, and distributors are go between holding back flow to contact (also to stay afloat). It’s a log jam, Contributing to rising prices killing businesses (local) that are trying to change over, and increasing black numbers. Everyone’s primo grown legit is going to decay over it . There has to be a better flow, as well as incentive to keep sinking businesses afloat if they’re all done. Goldmine first black…in ideal situation, there could b possibly some
    Kind of functional model for survival . Just saying funny or not shelves are shit while distros have containers full…

  • Funny I would not pay .50 cents a pound for weed. I hate it, it is nasty, stinky, makes you dumb and lazy. If I had weed growing somewhere, I would probably pay a gardener to remove it!

  • I can’t stand California and all the dope growing rules/ taxes, Them busting my grandma for a few dozen medical plants and now they want me to turn in my growdozer for an electric minivan. Let’s teach them a lesson and we will all move to Ohio! farm country all over, grow all the dope we want, no taxes or cops to bug you! Plus its so much closer to the east coast markets there is less chance of getting busted hauling our black market stuff.

  • The prices of exotics are higher than that Kym ! Don’t stifle the market by letting the buyers think it’s so low . The real good stuff is 24 all day long for indoor . The problem is they are getting picky so they knock you down to 2 if it’s not perfect . No one should be taking less than 2 unless it’s not exotic ! If you are your giving it away .

    • “ exotic “…. lol …. where do all these buzz words originate from seemingly out of nowhere? We used to just call it purple weed.

  • I cant stand people who complain about Humboldt County . I am not big grower , but the COUNTY gave plenty of time for legalisation and they were very helpful whenever i needed help !!! YOU GUY WERE IGNORANT and with years you did not try to legalise , and now you complain when you saw that the county cant tolerate you anymore ! You always blame guys from out of state or out of country , bulgarians , mexicans and etc ! Most of the foreigners here in Humboldt they obtain permits only the locals complain , and moreover the foreigners pay taxes and legalise everything from objects to water permits and etc bc they feel uncomfortable , but the locals are ignorants they dont have any permits for objects,cultivations,water permits they feel like they dont need ! Stop bi***ing and start paying money !

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