California's Emerald Triangle pot market is hitting bottom

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nobogart

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Post deleted by THG because of numerous imbedded links OP can repost without the links if they want.
 
It brings a tear to my eye...NOT! Supply and demand. People who grow the best, will have a market, people who grow average, will either truck it or chuck it.
It will be interesting to see how this will effect the regional economy.
I'm willing to bet we're gonna' see an increase in Californians being arrested in the south east for transporting/selling weed.
 
:cry: :cry: :cry: :cry: :cry: :( :( :( :( LMFAO commodity prices will always fluctuate with supply and demand---hope this helps weed out (no pun intended) the cartels destroying our forests and gets the c grade herb growers trying to capitalize on the opportunity back to their normal 9 to 5 jobs
 
Totally disagree with that article. Well, for the most part.
Beleive that the tri is alive and well. The demand is the highest I have seen in a few years, not the opposite. Huge weight has left the tri allready, and it is harder and harder to find.
I wouldn't take "Movers" take on it at all. Super Clown.

And Cubby, it is more like other States folks getting arrested for buyin' cali herb and transporting it, not the other way around. Other States know they can come here and get herb cheap, so they do. Not many Californians take the weight themselves.

I know quite a few folks that paid $200 a p to have trimmed, including myself. Looks like "mover" got in with the wrong crowd haha.

Prices have dropped, but good outdoor still hits around 15 right now, if you can find it.

The big drop in price stems from folks that don't know what they are doing and grow mediocre herb that they can't get rid of. Old Skoolers still rock out great herb and get good prices, and believe that majority of herb grown is from pro's that have been doing it a long time.

5000 a p?? That is early 90's price, havn't seen that in forever man.

That article is so flawed, but I love it. Let them think what they want.
 
Sorry, but I am deleting this There are simply too many imbedded links. If the original poster wants to repost without all the imbedded links, that will be fine, but I am not going to go through and remove them all.
 
Here is the article, links removed.





ARCATA – The pot market is crashing in California's legendary Emerald Triangle.The closure of hundreds of marijuana dispensaries across California and a federal crackdown on licensing programs for medical pot cultivation are leaving growers in the North Coast redwoods with harvested stashes many can't sell.
Some pot cultivators who sought legitimacy through the medical market are fleeing to the black market. So much cheap weed is getting dumped in the college town of Arcata, some local dispensaries say business is down 75 percent. Even the region's itinerant and colorful bud trimmers are going broke.
By the scores, people have long trekked into the marijuana fields and indoor greenhouses of Humboldt, Mendocino and Trinity counties. Workers used to earn as much as $200 a pound meticulously cutting leaves from marijuana buds, prepping them for display at dispensaries or for sale in a purely illicit market.
These days, a 47-year-old man called Mover, a dreadlocked migrant from Ohio who is a fixture in downtown Arcata, says the tedious work isn't worth his trouble as the per-pound pay rate has dropped to $100 or often just a few nuggets of pot.
"I got paid in weed," Mover, who refused to give his real name, said of his last trimming job. "It's worthless here. You can't give it away. And I'm not going to transport anything. I'm too old, and I don't want to go to jail."
The region's pot pilgrimage had accelerated in recent years as people were drawn by local cannabis traditions and dreams of cashing in on the medical marijuana market. They planted marijuana in the backwoods and in rewired houses with high-intensity grow lights.
But the saturation of pot growers set off a price tumble by 2010, as a pound of prime Emerald weed slipped from $5,000 to the $3,000 range for marijuana grown indoors and to the $2,000 range for product grown outdoors. Lately, prices are in free-fall.
"Last I heard, a pound of marijuana is $800 for outdoor grown," said Mendocino County Sheriff Tom Allman in Ukiah. "That's plummeting. You might do better with tomatoes."
The marijuana meltdown could have major regional effects. In Humbolt County, a recent study by a local banker estimated marijuana accounts for more than a fourth of the county's $1.6 billion economy.

In recent years, many locals already thought the influx of pot growers exceeded demand in the state's sanctioned medical pot market. When U.S. authorities in October announced a crackdown on medical marijuana businesses that they contended were profiteering in violation of federal and state laws, it darkened growers' fears.
 
Lelehnia Du Bois, 41, was one who thought she had found a safe niche. A former fashion model in Southern California, Du Bois started growing marijuana indoors in Eureka after rupturing her spinal cord. She supplied her unused home-grown "Sweet God" to a Eureka dispensary, earning $5,000 a year on top of her disability income, she said.
Du Bois had spent her childhood in Trinity County and remembers growers having "a big potluck" meal after the outdoor marijuana harvest. She said the weed culture changed markedly as indoor growers in Arcata and Eureka competed for access to the medical market – and many went into illegal trafficking.
As indoor pot prices dropped as low as $1,800 a pound, "People started taking risks. All of a sudden, people were not farmers. They were drug dealers" Du Bois said.
Last year, months before federal prosecutors began targeting California dispensaries for closure, Du Bois got out of the pot business and moved out of Humboldt County. She now lives in Utah.
At Arcata's Humboldt Patient Resource Center, a dispensary that grows its marijuana on site, cultivator Kevin Jodry said fewer people are coming to buy seedlings for this year's outdoor marijuana crop or quarterly indoor yields.
"Many people distributing in the medical marijuana market didn't get into it for the risk situation," he said. "The people who were formerly in the black market were able to stay functioning. People who were not criminals can't move their product."
Pressures on growers intensified after federal Drug Enforcement Administration agents raided a marijuana farm that had been licensed by Mendocino County and was considered a model for establishing local compliance rules for medical cultivation.
The raid prompted Mendocino County supervisors in January to rescind a program that allowed the sheriff to enforce a 99-plant limit on pot farms by attaching $50 zip ties to each plant and inspecting the gardens of nearly 100 growers who provided documentation to show they were serving medical pot users.
The program, which also offered cheaper tags for smaller quantity growers, brought in $630,000 in county fees in two years.
Sheriff Allman said it allowed his department – which spends 30 percent of its $23 million budget on pot enforcement – to target major cultivators who he says are illegally growing thousands of plants, diverting water and fouling the environment.
Humboldt County had sought to put a similar program in place last summer as District Attorney Paul Gallegos called for licensing to ensure "sustainable and responsible cultivation." After the federal government launched its crackdown, supervisors tabled work on the plan, and Eureka and Arcata placed moratoriums on new dispensaries.

Outdoor growers struggle



Among the most worried cultivators are the outdoor growers who increasingly struggle to compete with the exotic strains produced in climate-controlled indoor grow rooms.
Alison Sterling Nichols, executive director of the Emerald Growers Association, which seeks to protect the Emerald Triangle's sun-grown pot traditions, said outdoor growers were most directly affected by the collapse of local licensing programs. The group backs legislation to regulate medical marijuana statewide as long as it would preserve growers' ability to supply dispensaries.
"People shouldn't have to sleep with one eye open," Sterling Nichols said. "People should be able to move from the black market into the light. We haven't been able to bridge that gap. We have hills of healthy outdoor product we can't take to the market."
Meanwhile, many worry that the Emerald Triangle will go back to being the hub of California's illegal marijuana trade.
Last month, authorities in Pennsylvania arrested the former operator of a Humboldt dispensary for allegedly shipping more than 25 pounds of pot in heat-sealed packets to a home he was visiting. State officers in Nebraska also stopped a Mendocino County man and a companion with 62 pounds of weed stuffed in duffel bags.
On consecutive days in late February, Humboldt authorities conducted two separate raids on growers suspected of criminal distribution, seizing nearly $700,000 in cash and 7,000 plants.
In Mendocino, Allman said his officers last year eradicated 642,000 plants, some loosely tied to Mexican trafficking networks but most involving Californians or residents from other states who secretly grew on public lands and private property.

With a federal crackdown and a shrinking market, Allman said, many out-of-towners may leave and "everything is going to go underground."
 
wow seams like theres alot of work to be done. but thats how its always been
 
Cali Strains are being grown everywhere,,including Texas. PPL are gonna get the Weed one way or the other.
 

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