Just visited a new dispenser in Katanoi, very small and somewhat empty of tourists area. They had a wide variety of very high quality weed but cheapest was 700/g but most at 950 and most expensive at 1250/g...<deleted>??? 

 

Owner said all locally grown, surely those prices can't last?

Guess having the same customer base as those paying 5000 baht for an hour of companionship ????

Price gouge while the novelty factor is still there for surely like St Lt panty prices after covid they too will fall as the 'real' locally grown comes online from seeds planted on the 9th of June is what my crystal ball sees.

the price of well grown high quality cannabis will remain high for years to come. 

Without understanding the provenance of this cannabis, examining it in person and understanding the target market/local competition, it's difficult to understand their pricing strategy?

 

The Reddit topic lists some 212 dispensaries on Phuket.

 

That is, those prices seem ~ 30% greater than prices for similar product here in Bangkok.

 

Based on the photos, and strain names, my guess is those are grown here indoors. The trim looks nice. But with that variety there must be multiple growers. Importing that many strains would be challenging.

 

The market(s) (tourists, Thais, aliens residents) and supplies remains in flux, and it may take 12 - 18 months for prices to come to rest on some sort of supply/demand curve, allowing for four or five (or more) gradations.

 

Sellers are free to charge any price, and consumers are free to purchase, or not, at those prices.

 

I think there has been some hoarding, which impacted locally-rown supplies pretty quickly, because of pent-up demand and a fear that it would be made illegal again.

 

3 hours ago, wombat said:

Price gouge while the novelty factor is still there for surely like St Lt panty prices after covid they too will fall as the 'real' locally grown comes online from seeds planted on the 9th of June is what my crystal ball sees.

Absolutely correct ,  discounting the possible effects of any future changes in legislation, the novelty value  for people who live here will indeed soon wear off. The basic driving force of the market (supply and demand)  must eventually prevail.  The only reason cannabis was ever expensive was the fact that it was illegal, that excuse is no longer valid. The only people who might be prepared to pay over the odds will be the naive  tourists coming from countries where prohibition is still enforced, as for them, there will still be a novelty factor.  

                            As for the rest of society, the fact that cannabis  , despite what some people would have you believe, is no more difficult to grow than tomatoes or any other plant, must inevitably bring the price down to an appropriate level,  Not sure what plans there are to tax cannabis but if one looks at tobacco here for example, One can buy a fair sized bag of rolling tobacco at the local shop for 10=15 baht so if cannabis was taxed at a similar rate, there would be no reason for cannabis to be anymore expensive, which is pretty much the case with the indigenous "brick" weed, at present , 10 baht per gram and still dropping which in my opinion is about right, and I actually resent paying anymore than that, to the extent that I would grow my own should it ever cost much more!

                            There is only one or two other reasons why anybody would be prepared to prepared to pay ridiculous, hyper inflated prices for cannabis in the future, the first   I would call  a form of elitism or maybe more correctly "connoisseurism" Its already well established within the wine drinking "community" and its clearly starting to reveal its self on this forum, with certain members on here  berating others for smoking weed that they , for some reason , consider "inferior" its a sad aspect of consumerism that will no doubt be further exploited by the the advertising and marketing firms employed by the large producers who will inevitably seek to dominate the supply

                              The other "phenomenon" is people searching for and proudly boasting about smoking stronger and stronger strains and paying handsomely for the "privilege"  Stronger cannabis does not in real terms cost any more to produce than "normal" weed but that illusion is easily propagated  based on the manipulated price of alcohol were stronger brews are generally more expensive  due to higher excise duty and not due to any real increase in production costs.  Beer drinkers are not constantly searching for  stronger and stronger beers, in fact the stronger brews  like "Carlsberg Special Brew"  in Europe and  the red version of "Cheers" beer here  like are not that popular with normal drinkers and are considered the sole preserve of "problem drinkers"  This phenomenon, the obsession with THC% will fade as the market for cannabis and the users of it mature over time

                             Anybody charging 1000 bt per gram for any sort of weed should be prepared to revise their business plan as it wont be tolerated by many for very long  and anybody paying 1000 baht a gram for cannabis needs their head examining'

                         To keep things in perspective,  Just bear in mind that Gold is currently  "only"  2000bt per gram 

13 minutes ago, Bday Prang said:

To keep things in perspective,  Just bear in mind that Gold is currently  "only"  2000bt per gram 

Yes, but it's so hard to light and smoke.

 

Or is this Acapulco Gold?

 

 

 

 

 

2 hours ago, stoner said:

the price of well grown high quality cannabis will remain high for years to come. 

 I think that its highly ( no pun intended)  unlikely that current prices will be maintained

1 minute ago, bamnutsak said:

Yes, but it's so hard to light and smoke.

 

Or is this Acapulco Gold?

 

 

 

 

 

 Wow  nostalgia alert !!   I'd completely forgotten about that strain hahaha

1 minute ago, Bday Prang said:

 I think that its highly ( no pun intended)  unlikely that current prices will be maintained

you are correct.  the crazy numbers won't last. 

 

i am only speaking to good dank well grown hit you weed. not the majority of the garbage floating around.  some of the imports excepted. 

 

great weed will always fetch a proper price. 300 to 500 a gram for dank (wholesale) will be around for many years. 

 

 

3 hours ago, stoner said:

the price of well grown high quality cannabis will remain high for years to come. 

Correct. If you want the best you will have to pay a premium for it, which is true anywhere.

24 minutes ago, stoner said:

you are correct.  the crazy numbers won't last. 

 

i am only speaking to good dank well grown hit you weed. not the majority of the garbage floating around.  some of the imports excepted. 

 

great weed will always fetch a proper price. 300 to 500 a gram for dank (wholesale) will be around for many years. 

 

 

I think it will be even cheaper than that, as even in the the UK which is still tainted by the scourge of prohibition perfectly good weed is available for around £200 per ounce  which at todays exchange rate is 300 bt per gram although it can reach nearly double that when its wrapped in an official looking California type bag (easily available on ebay)

The first thing that will bring the price down from 500 / gram will be when somchai learns to grow it properly and decides to sell it for 450 / gram then suporn follows suit and sells it for 400 and so on 

The "right" price will be, as for everything else , assuming it remains a "free" market, which would equate to  what ever the market can stand, and that in turn  will ultimately be based on the cost of production + a reasonable  profit margin, which even for weed grown under lights, is nowhere near  500bt per gram

               As I suggested in a previous post the only other factors affecting price will be what ever tax is levied on sales  and peoples susceptibility  to aggressive advertising and peer pressure from self appointed connoisseurs.. 

              Bearing that in mind  there will always be people who are prepared to pay over the odds for what they perceive to be a quality product in the same way that they do for wine and to a lesser extent "craft" beer but that's a niche , and tiny and almost insignificant part of the market compared to the amount of  Chang and Leo that gets flushed down the drains every night

               I guess we will all just have to wait and see how it all plays out 

50 minutes ago, Mr Meeseeks said:

Correct. If you want the best you will have to pay a premium for it, which is true anywhere.

Very true indeed  but I just think most people will not be searching for the "best" weed, in the same way that most people are happy drinking bottles of Chang or glasses of "Mont fleur" wine  do you see where I'm coming from?  I just  think most people are not that bothered, not to mention the fact that with the price of everything rising, a lot of people don't have as much disposable income as they  did. No doubt there will be a market for "premium" weed, but i really expect  it  will only ever be a niche market in real terms

Time will tell I guess

1 minute ago, Bday Prang said:

Very true indeed  but I just think most people will not be searching for the "best" weed, in the same way that most people are happy drinking bottles of Chang or glasses of "Mont fleur" wine  do you see where I'm coming from?  I just  think most people are not that bothered, not to mention the fact that with the price of everything rising, a lot of people don't have as much disposable income as they  did. No doubt there will be a market for "premium" weed, but i really expect  it  will only ever be a niche market in real terms

Time will tell I guess

I remember going to Amsterdam when I was 17 years old and I didn't care about the prices back then and I was on a very limited budget. We wanted to try all the best stuff which at the time was skunk, NL, big bud, super skunk etc. 

 

I expect that is going to be the case here for many visitors, price will not deter those wanting to sample the best strains. 

 

Also, as you compare to alcohol, there are many bars / restaurants selling craft beer here in Chonburi / Pattaya for upwards of 200thb a bottle, to mostly local customers. 

 

There's always a demand for premium products in a free market economy. 

11 minutes ago, Mr Meeseeks said:

I remember going to Amsterdam when I was 17 years old and I didn't care about the prices back then and I was on a very limited budget. We wanted to try all the best stuff which at the time was skunk, NL, big bud, super skunk etc. 

 

I expect that is going to be the case here for many visitors, price will not deter those wanting to sample the best strains. 

 

Also, as you compare to alcohol, there are many bars / restaurants selling craft beer here in Chonburi / Pattaya for upwards of 200thb a bottle, to mostly local customers. 

 

There's always a demand for premium products in a free market economy. 

 I have similar fond memories of Amsterdam back in the day, And I couldn't wait to try the "new" stuff  either , I understand exactly what you are saying regarding visitors here too and for some, the high prices may even act as an additional temptation for those with a bit of spare holiday cash to spend  Wasn't it Stella Artois who coined the phrase "reassuringly expensive" in one of their, presumably successful,  advertising campaigns. for a product that isn't really much different to any other mass produced lager, Chang for example. 

 Not quite sure if any advertising will actually be allowed regarding bud, but word of mouth from returning tourists will probably help to keep prices high for that group of consumers, in the same way they don't worry about paying 200 baht for a bowl of fried rice, because they don't know any better.

Craft beer, again , I completely get it, and 200 bt a bottle probably isn't that extortionate especially in a restaurant when you take into account all the overheads involved 

But 1000 baht a gram for a bit of weed of whatever quality is well over the top for me, and I will be very surprised if figures like that are still being quoted this time next year anywhere except places like Phuket 

Only time will tell i guess

3 hours ago, Bday Prang said:

I think it will be even cheaper than that, as even in the the UK which is still tainted by the scourge of prohibition perfectly good weed is available for around £200 per ounce 

cost of indoor growing here will keep premium bud at a premium price. the rest will be swallowed up into an ocean of average. 

 

you can't compare growing in the uk to here. 

33 minutes ago, stoner said:

cost of indoor growing here will keep premium bud at a premium price. the rest will be swallowed up into an ocean of average. 

 

you can't compare growing in the uk to here. 

 

I don't agree. How much does it cost to grow 'premium bud? They keep the price high because the market bears it. It has nothing to do with the production cost.

1 minute ago, Bruno123 said:

 

I don't agree. How much does it cost to grow 'premium bud? They keep the price high because the market bears it. It has nothing to do with the production cost.

24/7 ac

800w led

fans

quality nutrients

c02 refills

the list goes on and on

 

vs

 

outdoor thailand

 

bruno have you grown indoors in thailand before ? 

 

 

 

6 minutes ago, stoner said:

24/7 ac

800w led

fans

quality nutrients

c02 refills

the list goes on and on

 

vs

 

outdoor thailand

 

bruno have you grown indoors in thailand before ? 

 

 

 

In discussion with seller of premium weed in Bangkok. They keep the price high because the market bears it. 

I'd rather take the word of a successful businessman than an Internet bound stoner.

Off topic baiting post removed

1 hour ago, Bruno123 said:

In discussion with seller of premium weed in Bangkok. They keep the price high because the market bears it. 

I'd rather take the word of a successful businessman than an Internet bound stoner.

There are strains that are hard to grow (some strains cannot tolerate stress training for even canopy production, hate having wet roots aka irrigation intolerant, need very low temperatures and are very susceptible to mold which is very hard to control here).

There are some strains that take a really long time to flower, they therefore use more energy to produce and they block the growing equipment from being used on faster growing, more profitable strains.

 

There are strains that are very low yielding but produce high levels of secondary metabolites so are very sought after for their uniqueness.

 

Then there are strains that are all 3 of the above - of course they will always fetch good money and will be sought after as demand will be higher than supply.

 

@Bday Prang mentioned above the difference between Stella and Chang being minimal and he is right, but that is not the case with indoor Cannabis - there is loads more to it.

 

But 1,000 a gram for the mainstream indoor strains is clearly ridiculous whichever way you look at it.

 

 

I am not saying that some strains are not more expensive to produce. I am stating that the current prices don't have much to do with the production cost. It's more to do with what the market can bear.

Many just trying to make a fast buck whilst the 'Gold Rush' is on.

 

7 minutes ago, Bruno123 said:

I am not saying that some strains are not more expensive to produce. I am stating that the current prices don't have much to do with the production cost. It's more to do with what the market can bear.

Many just trying to make a fast buck whilst the 'Gold Rush' is on.

 

Yeah I agree.

4 hours ago, Bruno123 said:

I am not saying that some strains are not more expensive to produce. I am stating that the current prices don't have much to do with the production cost. It's more to do with what the market can bear.

Many just trying to make a fast buck whilst the 'Gold Rush' is on.

 

Yes price now is high just because they can. 

 

Production cost isn't as high as other are implying either. 

 

Even for a relatively small indoor grow, you can grow your own premium bud with costs of less then 50 baht/gram when all is done. This includes the power bill, nutes and all. If you are growing and it costed you 200 baht per gram you grow, you have no idea what you are doing lol. 

 

I personally think that in 6 months to a year, it will be hard for people to sell weed at 350+ per gram (except on tourist areas I guess) because production cost really isn't high, and the imported weed from Canada/USA is extremely cheap for premium bud. 

The effect of the cheap ones is 5 minutes maybe less.. Most cheap weed has no amber, no trichome tracking. Either early harvest or late harvest. 

When I smoke cheap weed, I really feel like a weight is on me. Of course, this may also indicate the poor quality of my channels.After 3 - 4 months, the ceiling of the prices will be 500 THB. Buy premium weed you can smoke it by mixing it with tobacco.  I decided to set up a small grow room with 4 flowers. Everything from A to Z will cost me 70K THB + Electrics.. ( I hope i can harvest 250gr/per flower... )  

 

 

 

 

34 minutes ago, CashMoon said:

I hope i can harvest 250gr/per flower... )  

1 gram per watt is considered the holy grail. 0.5 gram per watt is more the norm.

 

These are dryed/cured weights.

 

You'll need, 1,000 watts, at a minimum for 4 flowers at 250 gr each. Probably more like 2,000 watts.

 

Another prolific poster here mentioned that they grow 50 ounces (1,400 grams) per year, which seems preposterous.

 

Electricity, assuming you're a direct PEA/MEA customer is 4 baht/unit. It was set to rise to 5  baht per unit but that may have been shelved for a while?

 

I think people underestimate the challenges and costs of growing quality cannabis indoors here. And they overestimate the potential yields.

 

 

An eighth in my home state in the U.S. is 2,550 baht (right now). For me here, now, I look for eighths at 2,000 baht max. I don't smoke a lot, but prefer specific strains and a higher quality. Right now I'm only buying from three sources, two are small time growers. I did buy a 90% THC stick, which while expensive, is so simple to use, and is cost-effective for me.

 

 

I think this shop in Phuket, based on the location from Google Maps, is not at all representative of the wider market here. It is clearly focused on foreign visitors, who are less price sensitive than most Thais and resident aliens. Tourists may not want to spend their limited time looking for the best prices, or ordering on-line?

 

 

 

4 minutes ago, bamnutsak said:

1 gram per watt is considered the holy grail. 0.5 gram per watt is more the norm.

 

These are dryed/cured weights.

 

You'll need, 1,000 watts, at a minimum for 4 flowers at 250 gr each. Probably more like 2,000 watts.

 

Another prolific poster here mentioned that they grow 50 ounces (1,400 grams) per year, which seems preposterous.

 

Electricity, assuming you're a direct PEA/MEA customer is 4 baht/unit. It was set to rise to 5  baht per unit but that may have been shelved for a while?

 

I think people underestimate the challenges and costs of growing quality cannabis indoors here. And they overestimate the potential yields.

 

 

An eighth in my home state in the U.S. is 2,550 baht (right now). For me here, now, I look for eighths at 2,000 baht max. I don't smoke a lot, but prefer specific strains and a higher quality. Right now I'm only buying from three sources, two are small time growers. I did buy a 90% THC stick, which while expensive, is so simple to use, and is cost-effective for me.

 

 

I think this shop in Phuket, based on the location from Google Maps, is not at all representative of the wider market here. It is clearly focused on foreign visitors, who are less price sensitive than most Thais and resident aliens. Tourists may not want to spend their limited time looking for the best prices, or ordering on-line?

 

 

 

IMHO,

As a soon to be tourist I agree, but for some like me who's cheap or poor ( either  is true ) I'm looking via forum and website to find the best possible out of all. So there is hope that the price would go down and prepare at least spend 350b/gr as an expectation. Because I think 500b/gr is to much.

 

 

 

 

26 minutes ago, bamnutsak said:

1 gram per watt is considered the holy grail. 0.5 gram per watt is more the norm.

 

These are dryed/cured weights.

 

You'll need, 1,000 watts, at a minimum for 4 flowers at 250 gr each. Probably more like 2,000 watts.

 

Another prolific poster here mentioned that they grow 50 ounces (1,400 grams) per year, which seems preposterous.

 

Electricity, assuming you're a direct PEA/MEA customer is 4 baht/unit. It was set to rise to 5  baht per unit but that may have been shelved for a while?

 

I think people underestimate the challenges and costs of growing quality cannabis indoors here. And they overestimate the potential yields.

 

 

An eighth in my home state in the U.S. is 2,550 baht (right now). For me here, now, I look for eighths at 2,000 baht max. I don't smoke a lot, but prefer specific strains and a higher quality. Right now I'm only buying from three sources, two are small time growers. I did buy a 90% THC stick, which while expensive, is so simple to use, and is cost-effective for me.

 

 

I think this shop in Phuket, based on the location from Google Maps, is not at all representative of the wider market here. It is clearly focused on foreign visitors, who are less price sensitive than most Thais and resident aliens. Tourists may not want to spend their limited time looking for the best prices, or ordering on-line?

 

 

 

Many thanks for the detailed information. My grow tent is 120x120x200.  I purchased a Mars Hydro FC 8000 (800 WATT) light. According to the tent measurement, they said that the performance is very, very good. I may enlarge the tent in the future. I can use it as a drying cabinet later on. 

With the right techniques, I can increase the harvest.   topping - lst - fimming---- main lining .. What do you think will be the maximum dry amount I can get with these equipment? 

 

2 hours ago, CashMoon said:

Many thanks for the detailed information. My grow tent is 120x120x200.  I purchased a Mars Hydro FC 8000 (800 WATT) light. According to the tent measurement, they said that the performance is very, very good. I may enlarge the tent in the future. I can use it as a drying cabinet later on. 

With the right techniques, I can increase the harvest.   topping - lst - fimming---- main lining .. What do you think will be the maximum dry amount I can get with these equipment? 

 

That light is very overpowered for a 1.2m tent.

 

You will need to keep it very high off the plants for most of the grow, maybe 60-80cm and turned down to about 60-70% otherwise you will fry your young plants, as they get bigger then you can lower it or increase the power but that really is a strong light for that size of tent (they are optimised for 1.5m tents and even then are over-powered).

 

 

 

 

 

 

 

3 hours ago, CashMoon said:

 What do you think will be the maximum dry amount I can get with these equipment?

400 to 500 g of dry bud.