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Re: Magnum7419 post# 227900

Sunday, 07/16/2017 12:04:42 PM

Sunday, July 16, 2017 12:04:42 PM

Post# of 290030
You are wrong. The margins are much better now. Simple economic concept of supply and demand. Months ago you could get free 1/8s for every 100 dollars purchased, free this free that...now, that's all gone and all the prices have gone up substantially. 16 dollars a gram equals almost 7,200 per pound on the retail side. Wholesale price is probably around 1,500-2,500 with the supply issues right now. How much do you think it costs to run a retail store? It's a small space with a limited number of required people....I was at desert inn on opening day...overhead will be nothing compared to revenues earned.