General Discussion

Sopkoviak

(357 posts) Fri Jan 16, 2015, 06:06 PM Jan 2015

Too much pot: Growers struggle with glut of legal weed [View all]

SEATTLE (AP) — Washington's legal marijuana market opened last summer to a dearth of weed. Some stores periodically closed because they didn't have pot to sell. Prices were through the roof.

Six months later, the equation has flipped, bringing serious growing pains to the new industry.

A big harvest of sun-grown marijuana from eastern Washington last fall flooded the market. Prices are starting to come down in the state's licensed pot shops, but due to the glut, growers are — surprisingly — struggling to sell their marijuana. Some are already worried about going belly-up, finding it tougher than expected to make a living in legal weed.

"It's an economic nightmare," says Andrew Seitz, general manager at Dutch Brothers Farms in Seattle.

The comments section is an absolute riot!

Pot-heads calling for lower taxes and less government regulation.

They all sound like a bunch of TeaBagging Republicans!

http://www.komonews.com/news/local/Too-much-pot-Growers-struggle-with-glut-of-legal-weed--288787991.html#comments

46 replies

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Highlight:

Too much pot: Growers struggle with glut of legal weed [View all] Sopkoviak Jan 2015 OP

These are weed investors not weed users that will sell out to the tobacco industry. CK_John Jan 2015 #1

You can't be too rich, too thin, or.... KamaAina Jan 2015 #2

It was the green rush. MohRokTah Jan 2015 #3

Predictable. How about a bake sale? seveneyes Jan 2015 #4

Don't you mean a baked sale? Major Nikon Jan 2015 #10

Except for mold, insects, overfeeding, poor light cycles, removing males... FrodosPet Jan 2015 #44

law of supply and demand says onethatcares Jan 2015 #5

3 finger lid was $40 when I was a teen back in the 70s. nt TeamPooka Jan 2015 #37

well, not that I have any experience onethatcares Jan 2015 #40

Let's see Munificence Jan 2015 #6

They need to open a Florida Factory Outlet Store NightWatcher Jan 2015 #7

i love outlet malls dembotoz Jan 2015 #12

Stoned is the only way you can get me near one of those places NightWatcher Jan 2015 #13

Economic Darwinism Motown_Johnny Jan 2015 #8

Overregulation and high taxes madville Jan 2015 #9

They're sounding like a bunch of Libertarians, who have always been progressive as to pot pnwmom Jan 2015 #11

Maybe they read just the Oregonian, and can do math Warren DeMontague Jan 2015 #19

We have plenty of Libertarians here, especially among the computer geeks, pnwmom Jan 2015 #23

As a big-D Democrat who leans small-l libertarian on issues of personal choice and freedom Warren DeMontague Jan 2015 #25

Sad to see the likes of Dana Rohrabacher leading the way vs. Dianne Feinstien calling for.. Jesus Malverde Jan 2015 #27

yeah DiFi has never been what I would consider cutting edge progressive. Warren DeMontague Jan 2015 #28

oregon taxes everything at a lower rate because they don't have a sales tax. but they ND-Dem Jan 2015 #33

Yes, but specifically legal Oregon Marijuana will be taxed lower by a large margin than Washington. Warren DeMontague Jan 2015 #36

all the taxes mentioned in the story are normal washington business and sales taxes. ND-Dem Jan 2015 #39

Here are the pertinent paragraphs from the seattle pi blog I linked: Warren DeMontague Jan 2015 #41

I volunteer... wildbilln864 Jan 2015 #14

I'm not complaining, I'm loving the deals and variety now-with speedy delivery!:) freeplessinseattle Jan 2015 #18

Used to be able... wildbilln864 Jan 2015 #24

"Pot-heads calling for lower taxes and less government regulation" Baclava Jan 2015 #15

gee, pot went legal and the whole state didn;t become stoners? KG Jan 2015 #16

Get smokin, Seattle! Warren DeMontague Jan 2015 #17

I'm trying my best to help out!:) freeplessinseattle Jan 2015 #20

Seriously... I remember how it used to be. Warren DeMontague Jan 2015 #22

Growers needs to grow craft weed so to speak ChosenUnWisely Jan 2015 #21

It grows like a weed. Jesus Malverde Jan 2015 #26

$25.00 a gram X 454 ='s 11,350.00 a pound. Thats what it sells for here. easychoice Jan 2015 #29

Yglesias has argued that the market price of weed would be about three cents for an ounce Recursion Jan 2015 #30

If MJ was legal in all 50 states workinclasszero Jan 2015 #31

CA dispensaries had the same thing happen. LeftyMom Jan 2015 #32

For years, the "legalize it" crowd has been talking about all the uses for it other than hughee99 Jan 2015 #34

They don't call it "weed" for nothing. bemildred Jan 2015 #35

That is an outdoor, non-irrigated, non fertilized grown on someone else's property price, correct? FrodosPet Jan 2015 #45

Government mandating high prices will just allow the black market to flourish. TeamPooka Jan 2015 #38

That is why it needs to be legalized in the rest of the states. Jamastiene Jan 2015 #42

If not for the taxes and regulation VScott Jan 2015 #43

this is a boon for consumers bigtree Jan 2015 #46