Good times!!Quote:
Originally Posted by SrslySirius
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Good times!!Quote:
Originally Posted by SrslySirius
Good timing, I just moved back to Reno.
http://www.ktvn.com/story/35793735/r...lipId=13458095
I wonder if the prices will go down because these prices are the highest I have seen in any medical dispensary.
33% tax, Holyshit.
I'm glad recreational pot will become legal. I always thought it was obnoxious when people treated it like medicine. Sure, it helps with nausea and appetite, but 99.9 percent of the people who want pot use it to get high. Getting high should be good enough. Good job
Mormon led tax gouging?Quote:
Originally Posted by OSA
I doubt that prices in Nevada will go down anytime soon due to the fact of limited supply. Sales from dispensaries to growers are highly regulated. You can't just walk into a dispensary from off the street and sell your crop (like you can here in California). On the other hand, the cannabis in Nevada is excellent. It is some of the best indoor I've ever smoked, and I have sampled at least 200 grows this past year, so that is a pretty strong statement.Quote:
Originally Posted by OSA
Veagas can correct me if I am wrong.
Forget about flower.Quote:
Originally Posted by JayjamiI doubt that prices in Nevada will go down anytime soon due to the fact of limited supply. Sales from dispensaries to growers are highly regulated. You can't just walk into a dispensary from off the street and sell your crop (like you can here in California). On the other hand, the cannabis in Nevada is excellent. It is some of the best indoor I've ever smoked, and I have sampled at least 200 grows this past year, so that is a pretty strong statement.Quote:
Originally Posted by OSA
Veagas can correct me if I am wrong.
Its laughable that I can hypothetically sell vape cartridges with CBDs here in NY for cheaper than people in Vegas can buy them legally.
That is an inaccurate statement. Anyone can buy the shity CBD cartridges you're talking about on the internet and have them delivered directly to their door. If you want something with THC in it you're not getting it in New York at a good price At least not without that med card and it still probably shity oil. Also the 33% tax is an inaccurate statement as well. It is taxed 15% at wholesale and then 10% at retail. It's actually the cheapest of all of the retail taxes in a recreational Market. There will be high prices though, there aren't many cultivators in the state up and running compared to what the demand is going to be. It's going to take a few years before we have a saturation point. And I completely agree with the best cannabis in the world comment because I'm one of those cultivators. In fact we are considered to be the top both flower and oil and most concentrates Quote:
Originally Posted by OSAForget about flower.Quote:
Originally Posted by Jayjami
Its laughable that I can hypothetically sell vape cartridges with CBDs here in NY for cheaper than people in Vegas can buy them legally.
Flour? Fuckin stoners, man.
Yeah forgive me for that horrible talk to text error. I fixed it before you made your comment.Quote:
Originally Posted by DJ_Chaps
Vegas, what does it feel like becoming a multi-millionaire overnight?
and I know it took a shit ton of work to get to this point, but still
edit: not sure what I hit to put that smiley face emoji in there but it's appropriate
Offer someone coming out of the line a little extra with all that Vlog booty.Quote:
Originally Posted by SrslySirius
Krypt lets start a weed shop in Vegas. I'm sure your family would be proud. I promise not to discuss the fit of your shirt and will never call you Hammerhead. We can even name the shop Joseph A. Dank
Colorado has 18%.
Can a nigga just get medical grade for 2200 a lb?
Quote:
Originally Posted by OSA
I mean a nigga probably could. White homosexuals traditionally pay more.
Ive used alot of "vape" pens with jacked up settings where there is definite combustion involved. Pax3 for my money.Quote:
Originally Posted by Spookygookthis may have just been because I was in Manhattan, but I was vaping in the bathroom of my tiny hotel room and when I opened the bathroom door i set off the fire alarm in the whole building. it was loud as hell, automated message saying the nyfd is coming. I stood pat and no one ever said anything but that's my fairly recent storyQuote:
Originally Posted by NaturalBornHustler
I usually vape right in the hotel room and have only had that one incident
anyway anyone tried fire tanks cartridges or the premium fire tanks?
it sounds as if there are strong quality standards...Quote:
Originally Posted by JayjamiI doubt that prices in Nevada will go down anytime soon due to the fact of limited supply. Sales from dispensaries to growers are highly regulated. You can't just walk into a dispensary from off the street and sell your crop (like you can here in California). On the other hand, the cannabis in Nevada is excellent. It is some of the best indoor I've ever smoked, and I have sampled at least 200 grows this past year, so that is a pretty strong statement.Quote:
Originally Posted by OSA
Veagas can correct me if I am wrong.
according to recent article in LA Weekly, a large percentage of marijuana sold in the US is tainted with contaminants that could be harmful to humans, particularly cancer patients...
http://www.laweekly.com/news/organic...icides-8351108
so Nevada's regulation of growers may indeed be the best system despite the high price
This is spot on. As a grower of many years I know the nasty shit that people will spray on there bud just to get it to Market. There is a lot of very nasty stuff that people have been inhaling for decades because Black Market Growers don't give a shit about anybody's Health. The only care about the almighty dollar. This even goes for stuff that is sold in California dispensaries. I know for a fact that a lot of growers in California spray the same nasty chemicals to compat a myriad of issues that are native to California. More than 85% of the stuff that is grown in California would not be able to be sold in Nevada. It's simply would never get past our testing. We are selling the cleanest best marijuana that has ever been produced in the history of the world.Quote:
Originally Posted by GrenadaRogerit sounds as if there are strong quality standards...Quote:
Originally Posted by Jayjami
according to recent article in LA Weekly, a large percentage of marijuana sold in the US is tainted with contaminants that could be harmful to humans, particularly cancer patients...
http://www.laweekly.com/news/organic...icides-8351108
so Nevada's regulation of growers may indeed be the best system despite the high price
That testing is very expensive though. When I'm selling flower I have to get it tested in increments of every 5 lb. Every one of those tests cost me between $300 to $500. there is a lot of cost involved before I actually get product to Market but I am still able to maintain a very good price per pound that will reflect a $50 eighth at a dispensary. I can't control what they decide to mark it up to it that point though and as of right now they're marking up by 150%.
also my apologies for all the typos, I'm running around like crazy today and can only respond by doing talk-to-text.
Honestly Willie I don't really look at it like that. For me it's more of a relief to know that I don't have to worry about paying the bills for my business every month in order to keep the doors open. This last year was easily the most stressful period of my life. The amount of pressure I was under was greater than anything I've ever felt. I have over 35 employees now so just making sure they get paid on time is a massive amount of pressure on its own. Throw in everything else I have to deal with and it's just incredible. So knowing now that the demand is there for us to sell our products as fast as I can produce them is a giant relief for me.Quote:
Originally Posted by WillieMcFML
Tried again last night at 11:30pm. This time the wait was only 10 minutes. Felt pretty surreal buying weed at a strip mall. Got 1 gram each of sativa, indica, and hybrid, at varying THC/CBD %s. Now I just need to figure out what all that and this terpenoid shit means.Quote:
Originally Posted by vegas1369
http://i.imgur.com/iQjk8hX.jpg
I see you went to Pisos, one of the few dispensaries we don't have a great presence in...lol I know them all though very well, especially their head grower. They're all really good people. I really like that store too it's beautiful.Quote:
Originally Posted by SrslySiriusTried again last night at 11:30pm. This time the wait was only 10 minutes. Felt pretty surreal buying weed at a strip mall. Got 1 gram each of sativa, indica, and hybrid, at varying THC/CBD %s. Now I just need to figure out what all that and this terpenoid shit means.Quote:
Originally Posted by vegas1369
http://i.imgur.com/iQjk8hX.jpg
Okay, now, as far as the terpenes go. It's really all about the terpenes. Eventually people are going to stop labeling things as sativa, Indica, hybrid and start realizing that's a very novice way of labeling cannabis. It is really all about the cannabinoid and terpene profile.
Terpenes are basically the smell and the taste of cannabis but they also have a great effect on you physically and mentally. When scientists tried to separate the cannabinoids to make medicines in pharmaceutical forms they realized that terpenes are essential in the healing properties of marijuana. This is also why a lot of concentrates don't really work very well. They will say they have like 80 to 90% THC levels but they really only give you a head buzz. A lot of times when people make concentrates the terpenes are stripped from it and they only end up with cannabinoids. This is actually what separates my company from most of them, we have a way of separating the terpenes and reintroducing them back into the a myriad of products. It actually makes our oil tastes exactly like flower. Nobody else is able to do this. As far as terpenes go, Myrcene for example is what makes you sleepy. Leafly has a really good chart on the effects of all terpenes.
Vegas, it's probably in this thread somewhere but what is your brand name so next time I come to lv I can sample some?
and have you heard/what do you think of phat panda?
their version of Pineapple Express was one of the dankest strains I've ever come across
As someone working in the AZ industry, I feel like shitty product can still get through even with the NV testing standards.Quote:
Originally Posted by vegas1369
You say you have to test for every 5 pounds... But do you guys get to select that sample? Or does someone from the state come in.
We voluntarily test our product, but I've seen batches that got hit with aphids or mites late and only hit 5-10% of the crop (we're in a greenhouse), but our samples passed as totally clean . We don't spray anything past week 2 of flower, and even then it's just neem based azhidactrin products. After that it's all ladybugs, lace wings, californicus, and swirskiis.
Quote:
Originally Posted by vegas1369
Are the lab reports for a batch/lot available for the retail buyer to review/read at the dispensary? Would seem if there is that much quality in your product, then you would be more that happy to have that available to the consumer...it would give you a competitive edge in the market
Independent state licensed labs come to our facilities and collect up to 12 gram random samples from 5 lb lots of flower.Quote:
Originally Posted by Avon BarksdaleAs someone working in the AZ industry, I feel like shitty product can still get through even with the NV testing standards.Quote:
Originally Posted by vegas1369
You say you have to test for every 5 pounds... But do you guys get to select that sample? Or does someone from the state come in.
We voluntarily test our product, but I've seen batches that got hit with aphids or mites late and only hit 5-10% of the crop (we're in a greenhouse), but our samples passed as totally clean . We don't spray anything past week 2 of flower, and even then it's just neem based azhidactrin products. After that it's all ladybugs, lace wings, californicus, and swirskiis.
As far as testing standards go I don't think you can get much better than what we do here without testing an entire lot. Obviously that's not going to happen because then there'd be nothing left to sell. I went to most of the lab committee meetings before the industry was set up and it was extremely well-thought-out and took over a year to really figure out all of the criteria surrounding the testing. They are still learning and still figuring things out as we move on, especially issues surrounding pesticides and fungicides and microbial issues.
They are. Whenever I sell a lot to a dispensary the test results must be included in PDF and hard copy. They are available for any patient or now Rec customer to view. I encourage this. We take major pride in our test results. We end up with some of the best cannabinoid and terpene Profiles In the state, and I've never failed one test. I don't know if there's anybody out there that can say that other than us. The issues surrounding microbial testing are a bitch. Most have failed those at one point or another. Nevada doesn't allow for any bacteria whatsoever on the plant whether it's good or bad.Quote:
Originally Posted by GrenadaRogerQuote:
Originally Posted by vegas1369
Are the lab reports for a batch/lot available for the retail buyer to review/read at the dispensary? Would seem if there is that much quality in your product, then you would be more that happy to have that available to the consumer...it would give you a competitive edge in the market
Nevada dispensaries running out of marijuana; governor steps in
https://www.rgj.com/story/news/2017/...ces/452606001/
Nevada dispensaries licensed to sell recreational marijuana are running out of pot less than a week after the legal market came to life, according to the state Department of Taxation.
On Friday, taxation officials announced that Gov. Brian Sandoval had endorsed the department's "statement of emergency," allowing state officials to consider adopting an emergency regulation that could alleviate the shortage.
The regulation would allow the department to consider a larger pool of applicants for distribution licenses, licenses that permit the transport of recreational marijuana from the cultivation and packaging facilities to the dispensaries.The Nevada Tax Commission will vote on the regulation on Thursday.
...
"Based on reports of adult-use marijuana sales already far exceeding the industry’s expectations at the state’s 47 licensed retail marijuana stores, and the reality that many stores are running out of inventory, the Department must address the lack of distributors immediately. Some establishments report the need for delivery within the next several days," said department spokeswoman Stephanie Klapstein in an email Friday.
...
The department tried to address the issue earlier this year by opening the application process up to the businesses that have been transporting medical marijuana and other marijuana businesses, but an 11th hour court battle ended in an order only to accept applications from wholesale alcohol distributors. The taxation department since appealed the court's decision.
Now that any marijuana dispensary licensed to sell recreational marijuana must receive all product -- both recreational and medical -- from a distributor licensed to transport recreational marijuana, many of them are stuck with dwindling supplies of flower and edibles both.
...
if i understand this correctly, there is plenty of demand, adequate retail space, and adequate supplies from the growers---the problem is there are no wholesaler/distributors to move recreational product from the growers to the retailers-and thus the temporary loosening of distributer controls seems necessary to keep the stores stocked while more distributors attempt to meet the quality standards.Quote:
Originally Posted by Crowe Diddly
It seems that only existing alcohol distributors can be licensed to distribute recreational marijuana during the first 18 months after recreational legalization--this was per the law passed...7 distributors applied for licensing, none were granted licenses, because they are not ready/up to standard for licensing. Meanwhile, several retailers have invested heavily in staffing and on facilities in anticipation of sales...also, the State of Nevada has an interest in resolving this as the resulting tax revenue flood may be restricted. An attempt to give medical distributors temporary permission to distribute for the recreational market resulted in a lawsuit which the judge issued an order disallowing medical distributors the temporary license.
https://www.usatoday.com/story/news/...ana/461553001/
Organics are great if you have the luxury of controlling the environment by growing indoor. We have organic outdoor and greenhouse on our shelves, but most patients don't care. Our quality control: we personally test every strain before it goes on the shelves and we don't sell edibles or concentrates unless they are lab tested. That's all going to change in the next 2 years.Quote:
Originally Posted by vegas1369This is spot on. As a grower of many years I know the nasty shit that people will spray on there bud just to get it to Market. There is a lot of very nasty stuff that people have been inhaling for decades because Black Market Growers don't give a shit about anybody's Health. The only care about the almighty dollar. This even goes for stuff that is sold in California dispensaries. I know for a fact that a lot of growers in California spray the same nasty chemicals to compat a myriad of issues that are native to California. More than 85% of the stuff that is grown in California would not be able to be sold in Nevada. It's simply would never get past our testing. We are selling the cleanest best marijuana that has ever been produced in the history of the world.Quote:
Originally Posted by GrenadaRoger
Haven't read while thread so pardon me if mentioned before, but didn't Phil Ivey put in for a license way back in the day?Quote:
Originally Posted by vegas1369Connections and Millions.Quote:
Originally Posted by gauchojake
The licensing process already happened, so the only way to get into now would be to buy an existing license. There is also a cut off line to get open by the end of May, so even if you did buy into a license you would have very little time to get up and running.
If recreational is passed there will be another 80 dispensary licenses up for grabs, but the only people that will be allowed to apply for those licenses are the people that already hold the medical licenses.
BTW, it's cute that Jsearles has to give rep out under his dupe. Over/under that he will be back posting under the Jsearles account set at 3 days.
There is no possible way this can be accurate is it?Quote:
Originally Posted by OSA
That is about $43-$48 and 1/8th for low or medium quality? Wow.Quote:
Dispensary Medical
Quality
Av $/ 1g
Low $ 12.27
Medium $ 13.59
High $ 36.32
Your assessment is 100% accurate. Originally when this initiative was written it was supported by liquor companies. They are the ones that drove the signature drive to get this law on the legislative floor. In that original initiative it stated that both liquor companies and medical marijuana establishments would be able to apply for the licenses. The thought process was always that this eventually will be off of schedule 1 and liquor companies would be able to distribute. It was never the intention of the law to only allow liquor companies to be the only distribution options. I was literally told this first-hand from the people that wrote the laws and the people that were pushing the signature drives. I read the initiative back in 2014 and was concerned about this but was assured that we would be able to apply for these licenses as well. I can also tell you as one of the largest cultivators and producers in the state that a third-party delivery system is a nightmare scenario for us. The delivery demands to dispensaries are very different than any other business out there, and our products require certain types of vehicles to deliver, none of which any of these so-called distribution companies that applied on liquor side have at the moment.Quote:
Originally Posted by GrenadaRogerif i understand this correctly, there is plenty of demand, adequate retail space, and adequate supplies from the growers---the problem is there are no wholesaler/distributors to move recreational product from the growers to the retailers-and thus the temporary loosening of distributer controls seems necessary to keep the stores stocked while more distributors attempt to meet the quality standards.Quote:
Originally Posted by Crowe Diddly
It seems that only existing alcohol distributors can be licensed to distribute recreational marijuana during the first 18 months after recreational legalization--this was per the law passed...7 distributors applied for licensing, none were granted licenses, because they are not ready/up to standard for licensing. Meanwhile, several retailers have invested heavily in staffing and on facilities in anticipation of sales...also, the State of Nevada has an interest in resolving this as the resulting tax revenue flood may be restricted. An attempt to give medical distributors temporary permission to distribute for the recreational market resulted in a lawsuit which the judge issued an order disallowing medical distributors the temporary license.
https://www.usatoday.com/story/news/...ana/461553001/
Back to the initiative... During the amendment process they added a clause in the law that said that only liquor companies would be able to apply for these licenses unless there was an insufficient amount of Interest by the liquor companies. That was an incredibly stupid idea because even now nobody really knows what a sufficient interest would be. I personally think we need at least 15 distribution companies throughout the state to adequately support us if we're bound to a third party system. In the end 4 companies had applied from liquor distribution sources and 83 medical marijuana establishments. Each one of these applications and license fees cost $20,000. So you basically had $1,660,000 from the medical marijuana establishments and $80,000 from the liquor distribution companies. I think you can figure out pretty quickly that the state wants both sides to be able to apply.
So everything was on pace to be a full go on July 1st but then the liquor companies cried foul and claimed that the Department of Taxation made it incredibly difficult for them to apply for these licenses. They then sued the state claiming that they should be the only ones receiving these licenses. Meanwhile, yes they originally supported the initiative but the whole push for question 2 to pass was supported by the medical marijuana establishments, the liquor companies had nothing to do with the funding for that. Our industry has literally spent millions and millions of dollars in this state setting up these businesses over the course of the last three years and the majority of us have been losing money up until this point. The liquor companies want to just come in and ride on our coattails and make money off of us. They are trying to create a monopoly and will gouge us on delivery cost in the future.
So obviously you now know that the judge in Carson City ruled in their favor. To me it was a very inadequate proceeding. We did not have a voice in these proceedings at all. It was basically the liquor companies versus the Department of Taxation. The judge did not look into the actual demands of our delivery processes and our businesses. I can tell you first-hand that not one liquor company has ever approached my business about our needs and about what distribution actually looks like. I know the majority of the cultivators in this state very well, especially the big ones, and no liquor companies have approached them either. At least none that actually sued the state. So now we are in this weird limbo stage where the dispensaries loaded up before July 1st but now are running out of product and we can't deliver anything to them outside of medical marijuana. Nevada generated $5,000,000 in sales in just four days, breaking all of the records of previous states that went recreational, and of course the state sees this money pouring in. We've all also had to hire a lot more help to accommodate this giant growth in business, and all those people will need to be laid off or fired if we can't deliver this week. We are literally at a critical stage right now and the fact that the Department of Taxation has to wait till Thursday to vote on this is very problematic for us. I have many dispensaries calling me right now that are completely out of product and I can't deliver it to them. It's very fucked-up. Luckily though the governor and the Department of Taxation are on our side and this emergency regulation was put into action. Hopefully it sticks, I think it will, but I know the liquor company is are looking to set forth another lawsuit tomorrow in regards this emergency regulation.. these people are seriously the worst. I have no problem with liquor companies trying to get these licenses as well, what I have a problem with is them excluding the people that have actually built this industry in the state from attaining the same licenses. We have every right to those licenses as well and a piece of legislation that was written that doesn't understand the complexities of what we actually do on a day-to-day basis should not supersede that. We will see what happens. In the meantime recreational marijuana in Las Vegas is everything everyone hoped it would be and then some. I just can't wait till we get this bullshit situation straightened out.
Supposed to read "wealthy", damn phone
few thoughts about the distribution licensing deadlock:
1 - it would seem the State is making so much money & has so much available cash that they should waive the $20,000 application fee from liquor distributors...that fee is only to set up the regulatory machinery (hire people/equipment/obtain offices) needed by the State, but it seems that State is making so much money it won't need that fee...also, reduce the property taxes on equipment needed to be purchased by liquor distributors to handle recreational marijuana...perhaps that would offer incentive enough to have more liquor distributors apply for licenses
2 - probably the best short term solution is to defer the start of 18 month period of exclusiveness because the recent sales volume may not be representative of long term demand--in the meantime the retailers could be allowed to sell for recreational purposed the mj they but from medical distributors.
3 - this is an example of why i get so angry about the 1%er's...they bitch about high taxes/get reduced rates but at the same time use regulations to get protection from fair competition in the marketplace. The liquor distributors wanted permission to distribute limited to a fixed number licensee's with liquor distributors given priority when it comes to handing out the marijuana distribution licenses
it will be interesting to see how Nevada's governor resolves this matter, if at all
https://www.vice.com/en_us/article/9...uch-weed-vgtrn
as predicted, california has 8 times as much marijuana than it could conceivably sell. koch brothers are going to start buying up farms soon, just like washington.
sounds like the goldrush mania that is typical of any new industry (i e, automobiles, hand calculators, personal computers, online poker sites)...then comes the shakeout where the weak companies are forced out and the industry consolidatesQuote:
Originally Posted by sonatine
imho the worst thing for the public is for the government to restrict entry/production via licensing/quotas--that leads to existing producers getting excess profits (economic rent seeking) and their corrupting politicians to preserve their profits
let market forces run their normal course
Quote:
Originally Posted by GrenadaRogersounds like the goldrush mania that is typical of any new industry (i e, automobiles, hand calculators, personal computers, online poker sites)...then comes the shakeout where the weak companies are forced out and the industry consolidatesQuote:
Originally Posted by sonatine
imho the worst thing for the public is for the government to restrict entry/production via licensing/quotas--that leads to existing producers getting excess profits (economic rent seeking) and their corrupting politicians to preserve their profits
let market forces run their normal course
the prevailing theory is that the koch brothers and their ilk are creating deliberately exploitable weaknesses in the market, so that early adapter growers cant afford to stay in the market and are forced to sell their licenses, equipment, and land to "big marijuana" for pennies on the dollar.
honestly its quite fucking brilliant.
also its not really a theory considering its exactly what happened in washington. but every state after has made minor variations in the laws without really closing the door on the 'big marijuana' end game.
if you are worried about the industry consolidating into a few players that dominate, the solution is create a fragmented market by making entry to the market easy (simple licensing) while limiting production of any one producer to a small percentage (less than 5%) of the total market...the number of licensees/production limit per licensee should be set to ensure some excess product is supplied and thus ensure competition while preventing economic rent takingQuote:
Originally Posted by sonatineQuote:
Originally Posted by GrenadaRoger
the prevailing theory is that the koch brothers and their ilk are creating deliberately exploitable weaknesses in the market, so that early adapter growers cant afford to stay in the market and are forced to sell their licenses, equipment, and land to "big marijuana" for pennies on the dollar.
honestly its quite fucking brilliant.
also its not really a theory considering its exactly what happened in washington. but every state after has made minor variations in the laws without really closing the door on the 'big marijuana' end game.
imho excess production will not necessarily lead to consolidation/domination of the market by the few...the same licensing/quota system rent seekers use to lock in excess profits can be used against the seekers to keep the market fragmented from grower to distributor to retailer.
the challenge is to prevent someone like the Kochs eventually buying off politicians to limit competition in the market
Where are you seeing this about the Koch brothers? Reliable? I know and know about a lot of big groups in California, I'm talking massive amounts of acreage, MASSIVE, and I've never heard the Koch brothers name come up. Other big names yes, but a lot of them are already involved in the agriculture industry.Quote:
Originally Posted by sonatineQuote:
Originally Posted by GrenadaRoger
the prevailing theory is that the koch brothers and their ilk are creating deliberately exploitable weaknesses in the market, so that early adapter growers cant afford to stay in the market and are forced to sell their licenses, equipment, and land to "big marijuana" for pennies on the dollar.
honestly its quite fucking brilliant.
also its not really a theory considering its exactly what happened in washington. but every state after has made minor variations in the laws without really closing the door on the 'big marijuana' end game.