Reply #97: I remember hearing an Emerald Triangle grower advocate just that in "Marijuana Inc." on CNBC. [View All]

Think it was a Humboldt grower, but I'm not sure. As you know, the current inflated prices are a vestige of the illegal marketplace, not related in any way to the cost of production. Having grown myself since 1971, I know of what I speak in that regard.

However, congrats to whoever has 200 lb of good bud in a cave somewhere (hypothetically speaking, of course.) Since the drug worriers buzz my house at least weekly (in growing season and out) these days, I am very envious.

You might also check out the link in post #26 for the logic behind that $60/ounce figure here in Tennessee. Cannabis has been our leading illegal agricultural commodity for four decades. At $500/pound grown legally AND if we serve only 15% of our projected eligible mmj patients, cannabis would become our second leading legal agricultural commodity within five years. If we legalized it for recreational use, the income potential would be staggering for farmers, processors, distributors AND the state; since we intend to return 20% of every sale to the state to fund the mmj program, with all excess going to indigent health care and substance abuse treatment. Again, you might enjoy the link in post #26.