View Full Version : If you could start your own pot farm tomorrow, would you?
Cybercowboy
12-20-2018, 10:43pm
:island14:
MrPeabody
12-20-2018, 10:51pm
Not in California for the legal market. The state and localities have taxed and regulated it to the point that it is almost cost prohibitive. The black market people can way undercut you on price. Most of the weed grown here gets shipped out of state.
A pot farm of any kind is also very hard work and a pretty big investment if you do it right. Any decent amount of production is more than a one man operation. Also much work (trimming) has to be done after harvesting. Very labor intensive. Good trimmers can make $20 an hour.
Texas will drag out legalization until the bitter end. We're moral like that. We also don't have casinos of any note here, and you can't buy booze on Sundays. Yay Blue laws!
Having said that, I wouldn't care enough to try and farm it. Oh, it might be interesting to grow a plant as a lark and make a brownie, just to try it out once, but it's not anything of interest to me. I had a really good friend go nuts who was a very heavy user. I think the pot had a lot to do with that.
MEANZ06
12-20-2018, 11:03pm
I wouldn't. I have a place in the middle of "farms" and and most if all are not legal for dispensary. To sell in a legal state calls for tons of regulations. Almost all of the farms around me are grown legally but being sold to Illegal states. Creates a concern because of who is coming up my mountain to buy. It's only a matter of time until it's U.S. legal. But, I will say, October, November (Harvest season) the entire mountain smells really good... :rasta:
Aerovette
12-20-2018, 11:58pm
I just want to invest in it.
TripleBlack
12-21-2018, 12:44am
Texas will drag out legalization until the bitter end. We're moral like that. We also don't have casinos of any note here, and you can't buy booze on Sundays. Yay Blue laws!
Having said that, I wouldn't care enough to try and farm it. Oh, it might be interesting to grow a plant as a lark and make a brownie, just to try it out once, but it's not anything of interest to me. I had a really good friend go nuts who was a very heavy user. I think the pot had a lot to do with that.
Guessing you'll see pot legal in Texas before casinos. As long as the Chickasaw and Choctaw nations that own huge casinos just across the Oklahoma boarder funnel millions into the campaigns of Texas politicians we won't have them here.
I think it's criminal that we don't have medicinal pot everywhere although the recent reports about DNA damage is troubling.
Wathen1955
12-21-2018, 1:04am
I grew 2 plants in my backyard for my daughter who has epilepsy (she has a medical card). The plants grow like weeds! I had to bend them over as they were already 6' high topping the fence. Got a good harvest out of the 2 female plants. I pulled them at the end of October since the temperatures at night were already dropping, and the plants began to change color. Not sure if I will grow them again starting in March.
In CA, you can grow your own weed, but you can't grow more than 6 plants, and they can't be visible from the street. When the female plants start to flower, the SMELL.
mrvette
12-21-2018, 3:19am
Guy across the street, Navy Vet....about age 65 or so, built a large shed in back yard, fed with heavy electric, and had a grow shed working, someone ratted him out, and the cops shut him down.....he from Porto Rico.....still has the accent, and he never faced much if any punishment.....
:shots::dance::leaving:
Antfarmer2
12-21-2018, 4:07am
No just like anything else the government gets involved in only big corporations can keep up and afford to to pay off the greed that comes from it. And will run the little guy out of it. Just like they did the all little Appalachian tabbaco farmer's. What they can't control they will jail or kill just like they did to old Popcorn Sutton and rule it a suicide. :sadangel:
04 commemorative
12-21-2018, 8:11am
That's why I bought
https://finance.yahoo.com/quote/WEED.TO/
@ $24.00....:rasta:
Millenium Vette
12-21-2018, 12:48pm
Nope, no way in hell I would have anything to do with "legal" pot growing/farming. It is still against federal law and thus if for some reason the feds want to ruin you, they have an easy way.
Nope, no way in hell I would have anything to do with "legal" pot growing/farming. It is still against federal law and thus if for some reason the feds want to ruin you, they have an easy way.
Trump just signed off legalizing the growing of hemp. I feel certain in the lead up to 2020 he will deschedule pot, and probably sign a bipartisan bill to legalize it at the federal level. Most Dems and Pubs support it anyway, and the 2020 Dem candidates will want their names on the bill that supports legalization.
It's something both sides don't really want, because they like to argue about the problem rather than just solving it. The difference is, this time, there is a pragmatic president who will sign off on it.
Cybercowboy
12-21-2018, 2:35pm
Missouri has passed a medical marijuana law and have pretty much finalized the strictures of what it takes to grow it for use in Missouri. Thing is, a friend of mine and I have the perfect skill sets to make it happen, and the means to do so. So we are checking into it and may have a decision to move forward in a week or two. It's not cheap to set up but we're not interested in doing anything other than a top-flight operation.
One requirement is that you need an established track record of doing business in Missouri (as a business owner) and my friend has that in spades, including getting a liquor license in the past and is currently looking to sell his current business. He's got all the money he needs but wants to do something fun, and so here we are talking about it. Pieces are falling into place.
Oh, and neither one of us smoke, so that's a plus. But I have, uh, experience. :lol:
My friend also has a good amount of tillable acreage, be interesting to plant a few acres of hemp too.
MrPeabody
12-21-2018, 2:57pm
Missouri has passed a medical marijuana law and have pretty much finalized the strictures of what it takes to grow it for use in Missouri. Thing is, a friend of mine and I have the perfect skill sets to make it happen, and the means to do so. So we are checking into it and may have a decision to move forward in a week or two. It's not cheap to set up but we're not interested in doing anything other than a top-flight operation.
One requirement is that you need an established track record of doing business in Missouri (as a business owner) and my friend has that in spades, including getting a liquor license in the past and is currently looking to sell his current business. He's got all the money he needs but wants to do something fun, and so here we are talking about it. Pieces are falling into place.
Oh, and neither one of us smoke, so that's a plus. But I have, uh, experience. :lol:
My friend also has a good amount of tillable acreage, be interesting to plant a few acres of hemp too.
What do you think the prospects are for your state to legalize recreational use? That's when the business really explodes, if it's done right.
My Brother had a small plot of land in the back of the property where he tried to grow pot in the early 70's. Needless to say when Dad found out he suffered greatly for his idiocy.
Millenium Vette
12-21-2018, 4:16pm
Trump just signed off legalizing the growing of hemp. I feel certain in the lead up to 2020 he will deschedule pot, and probably sign a bipartisan bill to legalize it at the federal level. Most Dems and Pubs support it anyway, and the 2020 Dem candidates will want their names on the bill that supports legalization.
It's something both sides don't really want, because they like to argue about the problem rather than just solving it. The difference is, this time, there is a pragmatic president who will sign off on it.
But it is still against federal law today, like it or not. It is unlikely the feds would go after a citizen for it today....unless that citizen joined President Trump's cabinet....
Sea Six
12-21-2018, 4:18pm
Nope, no way in hell I would have anything to do with "legal" pot growing/farming. It is still against federal law and thus if for some reason the feds want to ruin you, they have an easy way.
This.
Also I've heard many banks in "legal" states are refusing to do business with grow operations, since their hands are tied by federal laws that prohibit them from allowing banking to facilitate any business that's violating the law. So I guess they're stuck with doing a cash only business, thereby restricting anyone else who wants to do business with you do only do so for cash. And if you're trying to do this at a wholesale level... just sounds complicated to me.
Just doesn't look tempting to me.
MrPeabody
12-21-2018, 4:26pm
This.
Also I've heard many banks in "legal" states are refusing to do business with grow operations, since their hands are tied by federal laws that prohibit them from allowing banking to facilitate any business that's violating the law. So I guess they're stuck with doing a cash only business, thereby restricting anyone else who wants to do business with you do only do so for cash. And if you're trying to do this at a wholesale level... just sounds complicated to me.
Just doesn't look tempting to me.
It's an all cash business here because of that.
MrPeabody
12-21-2018, 4:48pm
They are opening a pot store at one of the Indian casinos here in a few weeks. It will be interesting to see if they can avoid some of the regulations and taxes on it. They do have to follow liquor laws, for instance, but the local health
department has no oversight of their restaurant and kitchen.
Another little known law is tribal members don't have to pay sales tax on a car if it is delivered on tribal land. My SIL the car salesman told me about that recently.
04 commemorative
12-21-2018, 4:55pm
They are opening a pot store at one of the Indian casinos here in a few weeks. It will be interesting to see if they can avoid some of the regulations and taxes on it. They do have to follow liquor laws, for instance, but the local health
department has no oversight of their restaurant and kitchen.
Another little known law is tribal members don't have to pay sales tax on a car if it is delivered on tribal land. My SIL the car salesperson told me about that recently.:seasix:
MrPeabody
12-21-2018, 4:58pm
:seasix:
*Vehicle Consultant
markids77
12-21-2018, 8:55pm
No deal. Somebody at the Federal level is likely to get a wild hair strung and have ATF declare pot a machine gun. Then all growers would have to turn their crops and land in to the Fed or destroy it. I would choose the smoking crater option if I were foolish enough to start farming now.
Sea Six
12-22-2018, 4:19am
*Vehicle Consultant
*Saleshole
:leaving:
04 commemorative
12-22-2018, 9:19am
So if the Feds say it is illegal .....why can you buy stocks in the companies :confused5:
Millenium Vette
12-22-2018, 6:01pm
So if the Feds say it is illegal .....why can you buy stocks in the companies :confused5:
Because they let you......
Cybercowboy
12-22-2018, 6:05pm
What do you think the prospects are for your state to legalize recreational use? That's when the business really explodes, if it's done right.
I think within the next five years it will be done here. Missouri is much more OK with this sort of stuff than other surrounding states like Oklahoma or Kansas. Arkansas still has dry counties I think, so who knows about them.
Actually I truly think that the feds will reschedule marijuana before the next presidential election.
I only need a farm big enough for 2-3 plants.
Cybercowboy
12-23-2018, 10:30pm
I only need a farm big enough for 2-3 plants.
For personal use that would be plenty. As a young person the idea of being able to grow, legally, a few plants was but a dream. It's such a great thing to grow, and so easy. The fact that it's illegal is infuriating on a few different levels. As you know, just watch a few videos of the people who are helped so much by this plant.
MrPeabody
12-26-2018, 3:08pm
And then shit like this happens:
https://www.sfgate.com/news/article/Recall-deals-blow-to-California-s-marijuana-13487748.php
Antfarmer2
12-26-2018, 4:09pm
And then shit like this happens:
https://www.sfgate.com/news/article/Recall-deals-blow-to-California-s-marijuana-13487748.php
This will help the other growers in the places that they were dumping their shit. :seasix::cert::seasix:
Cybercowboy
12-26-2018, 4:35pm
And then shit like this happens:
https://www.sfgate.com/news/article/Recall-deals-blow-to-California-s-marijuana-13487748.php
Leave it to California to make the regulatory and oversight and tax environment so intrusive and overbearing that the only way to make money at growing weed is to cheat.
Leave it to California to make the regulatory and oversight and tax environment so intrusive and overbearing that the only way to make money at growing weed is to cheat.
:iagree: That would never happen anywhere else.
:leaving:
MrPeabody
12-26-2018, 7:50pm
This is why the biggest lobby against legalized marijuana is the people who have already been growing it for decades. That's why even with a liberal state legislature, the only way to pass legalization was by ballot initiative. We have never had a governor, including Jerry Brown, who was for legalization of any kind.
Maybe we can use the ballot initiative to bring sensible statewide uniform regulation to the industry. The state and local governments are determined to not do so.
MrPeabody
01-30-2019, 2:10pm
Here's an article that outlines that the legal pot industry can't compete with the black market because of the taxes:
http://www.lakeconews.com/index.php/news/business/59825-treasurer-fiona-ma-and-assemblymember-rob-bonta-seek-temporary-cannabis-tax-reduction
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