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Looking into possibly opening a cannibis dispensary here in Chicago

Looking at this convoluted logic, and the fact that your name is bakemeacookie, and I would guess you have been smoking tonight. :)

Supplier relations would be no different than in any other business. But you have to remember that a closet full of pot can be worth more than an acre of other crops. A small grow operation can supply a business. Which is part of the beauty of it. Unlike many other businesses where you have false choices between 2 cable companies, 4 airlines, 6 car companies, etc, the pot business is more like pure free market capitalism. Anyone can grow great pot, and hopefully corporate pot will never get a foothold.

hahahhahahhhahaha youre living in a dream world if you think big business isnt going to get in on the action. Phillip Morris will be all over this shit
 
hahahhahahhhahaha youre living in a dream world if you think big business isnt going to get in on the action. Phillip Morris will be all over this shit


ehhh, not so sure. I don't think a national brand can cover the necessary margins to make the business worthwhile for them. I mean just think they will have to compete in every single little market with numerous local dispensaries. The know how to grow weed is common place so they can't control the market in any way. This is not how large corporations like to do business.
 
Looking at this convoluted logic, and the fact that your name is bakemeacookie, and I would guess you have been smoking tonight. :)

Supplier relations would be no different than in any other business. But you have to remember that a closet full of pot can be worth more than an acre of other crops. A small grow operation can supply a business. Which is part of the beauty of it. Unlike many other businesses where you have false choices between 2 cable companies, 4 airlines, 6 car companies, etc, the pot business is more like pure free market capitalism. Anyone can grow great pot, and hopefully corporate pot will never get a foothold.

From what i've read - the system is kinda like pawn shops. The stores always try to screw over anyone who sells to them. Then they mark it up big time to sell to patients. However, growers can go to other stores and find the best buyer and patients can shop around and find the cheapest and bets weed. So shouldn't this free market system ensure people are not making money hand over first? I'm still not sure how someone is making bank unless they found a real stupid grower who's selling them weed they're marking up 300% and other stores still can't compete with that price.

I'm curious how OP does with his shop.
 
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You are right that if it was just legal across the board, it would be more effective at destroying the black market.

Ahhh.. so just because it hasn't worked with 20 states legalizing pot, it would work if we just forced all 50 states to legalize it?
 
ehhh, not so sure. I don't think a national brand can cover the necessary margins to make the business worthwhile for them. I mean just think they will have to compete in every single little market with numerous local dispensaries. The know how to grow weed is common place so they can't control the market in any way. This is not how large corporations like to do business.

1) Doesn't big food/tobacco compete if every single little market anyway? I can be in a rural town that doesn't have an MD, broadband or a movie theater but sure enough they'll have any brand of smokes you could imagine.

2) Isn't know-how for tobacco, corn, wheat, etc. etc. commonplace today? All of those products (pot included) are grown in some of the most remote and under-educated corners of the country.
 

Appreciate it - Ill take a gander.

Again, the biggest variable in all this is finding the right person(s) who can cultivate this shit but dont cost an arm and a leg to keep on board. Have a few calls this week with them folks in Colorado. Should be pretty eye opening with respect to that side of this space.
 
Ahhh.. so just because it hasn't worked with 20 states legalizing pot, it would work if we just forced all 50 states to legalize it?

Only 2 states have legalized pot (Washington and Colorado). Making it available for medicinal purposes with prescription is much different. And even those 2 states still aren't selling pot at the grocery store because it is illegal federally.
When I meant legalize across the board, I didn't mean more states, I meant no more restrictions on growing or smoking for recreational use. That would take the criminal element out of it.
 
1) Doesn't big food/tobacco compete if every single little market anyway? I can be in a rural town that doesn't have an MD, broadband or a movie theater but sure enough they'll have any brand of smokes you could imagine.

2) Isn't know-how for tobacco, corn, wheat, etc. etc. commonplace today? All of those products (pot included) are grown in some of the most remote and under-educated corners of the country.

There is a difference with pot compared to those other products. With pot, you could furnish your own needs with a couple of potted plants or a small closet operation. Not so with wheat. And commodity crops are so cheap most people don't have a motivation to grow them. I doubt that pot would ever become a dirt cheap commodity crop, but hemp could.

With the government taxing the crap out of tobacco these days, I have read some stuff about people growing their own, but I think its much more difficult than with pot, because of the size of the plants etc.

Pot's illegality has forced growers to create hybrids over the years that are small compact plants that have very high yields and fast maturation. These strains are ideal for individual self supply.
 
Future of pot industry

Mary J is legalized everywhere
Big Business takes over retail
Farmers plant too much pot
Pot prices plummet
Government taxes the shit out of retail sales
Government subsidizes pot growers because they are going broke
Surgeon General reiterates pot smoking is dangerous to your health
More taxes on retail to reduce consumption
Our kids get dumber and dumber
Nobody is happy
 
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