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Alias Born | 01/19/2014 |
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Wednesday, March 26, 2014 2:18:40 AM
"Today, Pink House Blooms is a $3 million-a-year business, with 2,000 plants in a converted warehouse in an industrial part of Denver."
That's 2000 plants netting 3,000,000 per year. How many plants is "Billy" going to fit in that barn?
"But it produced a profit margin of only 6% on revenues of $4.2 million last year", ouch. That's nowhere near 86% claimed here.
"As the industry becomes more competitive and there is more pot available, the price for a pound of high-quality weed in Denver has slid from $2,900 at the beginning of April in 2011 to $2,400 in the same period in 2012 to $2,000 this year, according to Roberto's MMJ List, a service that connects wholesale sellers and buyers.", uh-oh, "Billy" better hurry before the prices go sub thousands.
http://online.wsj.com/news/articles/SB10001424127887324345804578426963236807452
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