nhbruh t1_j7q1ao2 wrote
Reply to comment by JackSteele33 in New Hampshire Lawmakers Refine Cannabis Legalization Plan, With Vote Expected Soon by OregonTripleBeam
I am doubtful this plan will work well in NH. People I talk to about dispensaries care about the product and service they provide. ME has a whole heap of quality dispensaries mere minutes from the NH seacoast, some with their own white labeled top-quality bud that sells for $35 1/8oz before volume discounts. I don’t see NH being able to siphon enough traffic by competing on price nor quality.
I could be wrong, and would be pleasantly surprised if that is the case.
JackSteele33 t1_j7q4v48 wrote
I know $35 a slice sounds cheap but we’re talking about a product that’s actually easier to grow than tomatoes. It can come down a lot more and still be profitable.
Meanwhile the private dispensary’s you love so much are gouging us cause we’re used to paying more when it was illegal.
It is just a plant in the end.
nhbruh t1_j7qeuk0 wrote
I’m not disagreeing with you, I think I just have a different perspective because I’m interested in a premium product/service. At any rate I hope NH can legalize so we can capitalize on lost revenue from such late market entry. Cheers.
runninon t1_j7siwc3 wrote
Some people also don't seem to think about scale of these operations when they see some of the prices. Yeah, it may be a bit overpriced right now, but until it can be federally legalized, I don't think there will be a massive shift in prices.
There's a big upfront investment for the facilities and staff that needs to be made up. Plus, many law firms are incorporating cannabis strain intellectual property law into their services. So, growers that want to avoid a costly (potentially ruinous) lawsuit pay royalties to grow some of our favorite strains.
The best analogy I can think of is the industrialized agriculture industry. They can operate across state lines with large reaching and complex distribution networks that allow them to operate with smaller profit margins. (I agree with the points you've brought up, just adding food for thought).
Edit: btw, which dispo do you hit up? I go to herbal pathways in Berwick. They have quarters as low as $45 after taxes. Prices vary depending on which grower it came from.
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