Token Dankies
Well-Known Member
Damn dude those poor small ma and pa shops are going to get rocked, but it will be glorious to watch big business fail at the cannabis industry so hard and lose everything.
Weed in Canada has ZERO value
- Thread starter The Hippy
- Start date
MidnightSun72
Well-Known Member
Markets just flooded with shit. I used to buy some stuff off weedmaps
Honestly used to buy some black market weed. But the quality has declined so much I got sick of opening delivery bags full of uncured weed, shit seeded so bad it's unsmokeable. And that was like 130-180/oz. I kind of found if you weren't spending 200/oz you got garbage. Cuz there's so much out there now. Anyway won't buy anything from anyone anymore not worth the heart ache at all.
xtsho
Well-Known Member
What did you expect to happen? The market crashed here in Oregon years ago. If there is any black market weed these days I don't know anyone selling it or buying it and I used to be in the thick of things. The prices at the dispensaries just keep going down as well. There is a moratorium on issuing producer licenses until 2022 and current producers cannot transfer an existing license to another location. So if they shut down the license is gone.
People I know that had been selling weed for decades are now just scraping by as they don't have any real job skills. They spent most of their lives growing and selling weed. Legalization took away their livelihood.
People I know that had been selling weed for decades are now just scraping by as they don't have any real job skills. They spent most of their lives growing and selling weed. Legalization took away their livelihood.
WubbaLubbaDubDub
Well-Known Member
Makes little sense to me, we have cheap weed, even top notch weed doesn’t really sell over $140 now a days.
But you guys have $5 shatter one Provence over and $100 oz’s
AquaTerra
Well-Known Member
Totally different markets and laws regulating weed in US vs Canada, I don't think you can compare them as much, there will be some parallels but not much as least in BC where there were already TONS of illegal dispensaries for years so no shortage of access. Also just because it became legal the the LP and GOV bean counters were telling investors market size fairly tales of $6B+like one day all of sudden all of Canada was going to start smoking weed. It didn't happen.
This is not the first time weed has been this cheap in Canada, most of the time in BC. Its about the 5th time since ACMPR was established from MMAR that in BC at least its been as slow as $400/lb The slow down usually lasted a couple months
This time has to do with the borders shutting down and border guards having nothing to do but check every container. 4 months ago cheapest I could get weed was about $1200. Before COVID about a year+ US was coming to BC and taking everything, there was a crazy shortage of weed here with the low CDN dollar and high price of weed in Cali. Also lots was going to EU/UK as in UK I heard from customers who send their packs there it was $7K there per LB
Mushrooms also crashed too. They were going for up to $1600/lb here 4 months ago. Now they are back to $350/lb but I don't know the historic value of shrooms here. I know 3 years ago I could get them fro about $400-500/lb
2klude
Well-Known Member
No referring to the BM, Legacy, Grey... whatever you want to call it.
The Hippy
Well-Known Member
Yup these are the folks who invented this lifestyle and suffered for it as well. Hence...we BOYCOTT all legal cannabis and product made legally by hypocrites
DancesWithWorms
Well-Known Member
If you're legit getting quality indoor singles for $300-$400 just set up a cheap wordpress site and start selling $150 zips all day long.
I haven't seen that kind of pricing at all, even buying 10+ packs.
I haven't seen that kind of pricing at all, even buying 10+ packs.
R.Raider
Well-Known Member
Not sure where you're located but $150 zips are a thing of the past around here and have been for a while now.
DancesWithWorms
Well-Known Member
Lower Mainland
Singles of good indoor are $1400-$1800, $1800-2200 for No-Till/LSO white label, $3k+ for branded packs from established growers
High quality zips are all still above $200 retail.
Last year during peak COVID/cerb it was $300-400 just to get a pound bucked and trimmed. Let alone paying for the actual flower.
I'm sure some growers that relied on delivery services/weedmaps or exports got hurting and desperate but there's still lots of demand for quality pounds.
The only market clearly hurting right now is mass-produced mids, vietnamese warehouse grow type stuff.
AquaTerra
Well-Known Member
Maybe 5% of growers get those prices and most of that is probably going to get traded for the other "stuff". Most stuff that an average smoker would think is great weed will be 700-900 right now. Average stuff will be 400-600 in Lower mainland. No one that I know has paid more than $140 for great weed for at least 3-4 years. Most growers will sell weed that is awesome for $100 right now. Majority of smokers don't care about "connoisseur" stuff so that's not even the majority of the local market.
2klude
Well-Known Member
Yeah those numbers seem very high to me too. I've seen some really nice stuff go for as high as 1800 but in my circle of friends true, really nice looking trips are going for 900-1100 per and I've seen same quality as low as 750 this year. Prior to covid same quality was going for 1200-1400.
DancesWithWorms
Well-Known Member
DancesWithWorms
Well-Known Member
There's still lots of space in the market for legacy growers, with the 3 big options being
-ultra-high end
-having unique genetics (not even necessarily the new hype)
-the ultra low end mass produced as they don't have to deal with excise taxes.
Growing mids of things like Rockstar or fake pink kush the legacy market growers just cant compete with the economies of scale enjoyed by billion dollar LP's.
I'm much more worried about losing market share to concentrates than legal producers, IMHO.
-ultra-high end
-having unique genetics (not even necessarily the new hype)
-the ultra low end mass produced as they don't have to deal with excise taxes.
Growing mids of things like Rockstar or fake pink kush the legacy market growers just cant compete with the economies of scale enjoyed by billion dollar LP's.
I'm much more worried about losing market share to concentrates than legal producers, IMHO.
AquaTerra
Well-Known Member
Middle guys are paying nothing atm as there's so much of it, yes there is that upper market but from what I've been told its being traded for other "stuff" . If if get a guy on the right day that has to pay his $20K hydro bill you can get some nice stuff for $700.
Will have to see in the next couple months what happens to the price once borders open up. If nothing changes much it could be interesting change in the whole gray market. Most of my customers are fucked atm, 50% of them already shot down, either for good or till end of the years to see what happens. There are those that need to grow for a living but its getting tough even for ones with close to "trip" quality.
DancesWithWorms
Well-Known Member
I think also once the border opens up some genetics will start flowing north and hopefully breathe some fresh air into the market, Gelonade, Root Beer, etc... haven't seen those cuts at all in Canada, at least on the west coast.
AquaTerra
Well-Known Member
There's lots of genetics here just takes a long time for the grower to grow, get it stable and see if the middle men will accept the new strain. Mean while you have to grow strains that sell.
2klude
Well-Known Member
750 I saw was for a ten pack and if I recall it was rockstar or tuna, one or the other. Everything I see and everyone I know is not hand trimming... just touching up buds by hand coming out of a trimpal or twister. Rockstar is considered mids lol? Serious question... Is it considered mids because its so common. In my circle its either rockstar, death bubba, pink kush, tuna or various og's have been the staples for years. Like I said same stuff would go for 1200+ no problem pre pandemic.
I think if a legacy grower can fetch 1k a pack then there is still good money to be made if he can hit min 2 per, grow quads and know how to keep expenses low.
There are plenty of good genetics. Many guys down south willing to ship cuts up here. I've got Apply Fritter(lumpys cut) and Kush Mints(rabid hippy cut) being mailed to be shortly from LA. It will be my first time getting anything from the states but I know a few guys who did successful transactions from guys on strainly, shipped to canada.
Could you expand on this? Dying for some new genetics lol