Hey guys, I live in Washington State, and have grown successfully as a medical patient for over 2 years. I am trying to put together a business plan that will estimate the cost to produce 1 gram of marijuana. I know that's not easy, and it's probably really more of a range.
The state estimates there will be a $3 per gram producer price, a $6 per gram processor price, and a $12 per gram average retail purchase price. You are allowed to hold a producer and processor license, but not all 3. I would be interested in producing and processing. My questions are the following:
Has anyone done an analysis of their personal grow, and been able to determine what their total expenses were, not including the cost of the equipment and rent/space? (Power, Nutrients, Water)
If the state is taxing at 25%, then you can assume that the processor price will be ~$4.5 after tax.
I found this: http://www.rand.org/content/dam/rand/pubs/working_papers/2010/RAND_WR764. but I'm more interested in what individuals have noticed.
The state estimates there will be a $3 per gram producer price, a $6 per gram processor price, and a $12 per gram average retail purchase price. You are allowed to hold a producer and processor license, but not all 3. I would be interested in producing and processing. My questions are the following:
Has anyone done an analysis of their personal grow, and been able to determine what their total expenses were, not including the cost of the equipment and rent/space? (Power, Nutrients, Water)
If the state is taxing at 25%, then you can assume that the processor price will be ~$4.5 after tax.
I found this: http://www.rand.org/content/dam/rand/pubs/working_papers/2010/RAND_WR764. but I'm more interested in what individuals have noticed.
