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In reply to the discussion: High Demand: Price of legal marijuana soars in Colorado [View all]uncle ray
(3,361 posts)49. this is why:
currently, only MMJ dispensaries are allowed to transition to RMJ sales. in a year or so it will open up so anybody can apply. right now, those dispensaries are generally limited to 6 plants per patient, unless they have a doctors rec for more. the dispensaries are allowed to mirror their MMJ plant count for their rec plant count, so if they have 500 MMJ plants, they can have an additional 500 RMJ plants, no more. so no matter what you are willing to invest, you are basically limited by your patient count on the med side of the business. supply is being kept artificially low by the regulators.
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Problem is the price on the street dropped drastically when Medical became legal..
SomethingFishy
Jan 2014
#19
If they continue to overcharge--and they will for the short term, because there is a
MADem
Jan 2014
#2
no probs the mexican drug cartels will bring in cheaper stuff. problem solved :-) nt
msongs
Jan 2014
#7
Media keeps talking about this. The real story is that no one is getting arrested. nt
TeamPooka
Jan 2014
#10
+1.. You don't need much, a closet and a small grow light will yield 3 plants..
SomethingFishy
Jan 2014
#22