growing junk weed
The Collective signed a wholesale contract to supply one dispensary in early 2016 and this dispensary has indicated it is willing to purchase all of the joint venture’s production for US$1,200/lb or US$360,000 in total. However, the Collective has advised the Company that it is confident it will be able to achieve prices that better reflect current market prices by selling to other buyers for the joint venture’s existing production.
but now they only got 200k so about 700 bucks per lb.. no wonder the collective does not pay, it is losing money.