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10-12-2007, 06:42 PM
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#1 (permalink)
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500 G.P. Champion
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Pot now Nevada County's biggest cash crop
hmm
Quote:
Pot now Nevada County's biggest cash crop:
Marijuana is worth more than legal harvests
GRASS VALLEY -- At the height of the harvest season, it appears Nevada County farmers can make a lot more money from marijuana than anything else.
And the amount of pot seized is spiking this year, driven in part by stepped-up enforcement.
Illegally-grown marijuana seized in Nevada County through August this year appears, conservatively, to be worth between $123 million and $205 million, based on federal estimates of crop value and local figures on plants confiscated. That figure is based on state and national law enforcement wholesale costs per pound, assuming a yield of 1 pound per plant.
That dwarfs the value of legal crops grown here in 2006 -- the latest figures available -- when farmers, loggers and livestock producers produced goods valued at $16.2 million. Those figures appeared in the annual crop report submitted by Nevada County Agriculture Commissioner Jeffrey Pylman in August.
The 41,000 marijuana plants seized here this year far exceed the 4,863 found during 2006, which would have brought roughly $14.6 million on the low end and $24.3 million at the high. That compares more closely with the county's $16.2 million value for legal crops in 2006, but does not count legal pot crops and illegal plants not seized.
The local figures reflect statewide trends.
Last year, narcotics investigators seized 2.8 million marijuana plants, valued at $11.07 billion. In 2005, the total value of marijuana production was estimated at $7.6 billion, officials said.
That's more than milk, the state's biggest legal ag commodity. In 2005 state farmers and ranchers earned $31.7 billion on 400 commodities, according to the latest figures from California's Department of Food and Agriculture.
Each plant normally yields 1 to 3 pounds of mature buds, the part of the plant most desired on the market for its high content of the active ingredient that gets smokers high, said Lt. Bill Evans, in charge of the sheriff's investigation and narcotics division.
"I have personally taken 3 1/2 pounds of colas (buds) off of one plant," Evans said. But yield varies vastly depending on growing conditions and the variety of marijuana plant; the rule of thumb for 1 pound per plant for statistical purposes would be considered conservative, he said.
One pound of high-grade pot buds in the well-known Northern California growing area sells for anywhere from $3,000 to $5,000 per pound wholesale, according to Evans and the U.S. Drug Enforcement Administration in Washington, D.C.
At the low end, that means the pot seized here so far this year would be worth between $123 million and $205 million.
Those figures do not count what has been cut and sold beyond law enforcement's knowledge.
Street values
Street value figures for drugs have often been criticized by readers of The Union and others, who contend they are inflated to make law enforcement look good. But Steve Robertson of the DEA in San Francisco said law enforcement takes the values seriously.
"Our intelligence goes out every quarter and talks to informants and policemen" to get current street prices, Robertson said. "We also get them from underground sales. People tell our agents what the price is of the drug they're buying."
Based on that, an ounce of high-grade pot is currently going from $360 to $400 an ounce on the street in Northern California, Robertson said. The quarterly reviews also produced the $3,000 to $5,000 per pound wholesale value, Robertson said.
Like many commodities in the United States, the price per unit increases as the amount sold drops, Evans said. That means the 1 ounce figures could double when pot is sold by the joint or in smaller quantities, he said.
The large increase of seized marijuana plants this year can be partially traced to several large farms planted by Mexican criminal organizations found in the South Fork Yuba River Canyon, Evans said. After one of several busts in early August, Evans said, "The entire canyon is littered with gardens."
The flood of pot plantations on federal lands also caused Sheriff Keith Royal to say Nevada County was getting a reputation as "the emerald triangle." The area's climate lends itself to good production, Evans added.
The increase is also the result of new District Attorney Cliff Newell's stricter guidelines of only six plants for medicinal pot gardens, which have produced seizures when patches go over that limit, Evans said.
BY THE NUMBERS
• About 4,900 illegally-grown marijuana plants were seized in Nevada County in 2006, valued at $14.6 million to $24.3 million, based on assumptions of value at $3,000 to $5,000 per pound and a conservative yield of 1 pound per plant.
• Nevada County's legal crops were worth $16.2 million in 2006.
• There have been more than 41,000
illegal pot plants seized here so far this year, with a value of $123 million to $205 million, based on the aforementioned figures.
-- Source: Nevada County Agriculture Department, Nevada County Sheriff's Office, U.S. Drug Enforcement Administration
Tahoe Daily Tribune - Region
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10-12-2007, 06:57 PM
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#2 (permalink)
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No limit hypocrite
Join Date: Mar 2005
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So.. lets see..
More enforcement of Pot drives up prices.. The higher prices cause more people to grow pot.. Which calls for more enforcement.. which will drive prices higher.. which will cause more people to grow it.....
this war on drugs sure is working..
seems to me that if increased enforcement = increased Pot growth.. that maybe, just maybe Less Enforcement should equal Less Pot growth..
But thats just common sense talking.. And we all know how much common sense our country has.
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Originally Posted by bumblebee
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10-12-2007, 07:10 PM
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#3 (permalink)
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make wheelies
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i hate reports like that. why? cuz its full of BS.
one pot plant can grow 1-3 pounds?!  you'll be lucky if you get a 1/2 pound per plant.
and there is NO WAY that one ounce sells for $360-$400 in NORTHERN CALIFORNIA. if you are paying that much you are seriously getting ripped off.
let's do the math, shall we? an 8th/ounce (pretty common) will sell for $40-$50. if i have to pay $50 it better be damn good or i will kick you in the nuts. so we'll say $45 for the common schmoe. $45 x 8 (to equal an ounce) is $360.
my point is: unless you are retarded, youre not going to pay $360 for an ounce when it would be the exact same price if you bought it in smaller doses. it doesnt make sense. its like Costco, the more you buy, the more you save.
i dont know who they have for informants, but to any LEO who cares, an ounce goes for $250. so tell your boss he's wrong.
and no duh MJ creates more profit than any other crop. its weight is more valuable than gold.....
how bout they just make it legal, tax it, and then they can save money/time in other areas of law enforcement, plus making money in taxes. i still dont get why MJ is illegal. seriously. if it doesnt float your boat, fine. but im not about to go on a murder and rapping spree cuz i got stoned. worst case scenario is im gonna eat all of your kid's ice cream......
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$1 for my thoughts
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Originally Posted by Smooth7
Arguing with a fool only proves there are two.
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Last edited by Smooth7 : 10-12-2007 at 07:13 PM.
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10-12-2007, 07:23 PM
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#4 (permalink)
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500 G.P. Champion
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It depends though, crap shake dime bag is worth 70 if its hydro. and i've seen 2 lbs come off of a 7 foot plant before. If growing conditions are good you can get some big plants.
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Originally Posted by Parabellum
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Originally Posted by Jewls111
it's not fair that female masturbation doesn't count... like we're not important or something...
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Originally Posted by dco8415
last time i checked she is just at much at fault as he is because dicks dont just happen to fall into mouths.
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10-12-2007, 07:24 PM
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#5 (permalink)
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Surfing with the Alien
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Anybody else notice this story is from GRASS VALLEY?
Coincidence? I think not.
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10-12-2007, 07:26 PM
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#6 (permalink)
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No limit hypocrite
Join Date: Mar 2005
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+1 A full grown plant weighs about 5 lbs. (At least the ones I've played with.) Unless youre growing a forest of the things, taller than a man, they dont weight much more. and that 5lbs includes the trunk, limbs, leaves, ect..
A pound per plant would be wonderful, but it doesnt work out that way in real life..
If growing pot was a profitable as LEO's say it is, then I would be buying grow lights on my way home tonight.
__________________
Forced into a midlife crisis by my ex-wife. Might as well make the best of it!!!
"Its better to DIE on your feet in defiance, Than to live on your KNEES in prayer."
Quote:
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Originally Posted by bumblebee
Men are horny or hungry...If he ain't nekkid...make him a sandwich...
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10-12-2007, 07:28 PM
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#7 (permalink)
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No limit hypocrite
Join Date: Mar 2005
Location: Thornton Colorado
Age: 32
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Quote:
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Originally Posted by Thunderace1997
It depends though, crap shake dime bag is worth 70 if its hydro. and i've seen 2 lbs come off of a 7 foot plant before. If growing conditions are good you can get some big plants.
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I've never seen a 7 foot plant.. that would be fun to see. Hug the base of it like a hippie with a Sequoia.
__________________
Forced into a midlife crisis by my ex-wife. Might as well make the best of it!!!
"Its better to DIE on your feet in defiance, Than to live on your KNEES in prayer."
Quote:
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Originally Posted by bumblebee
Men are horny or hungry...If he ain't nekkid...make him a sandwich...
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