People will grow their own pot because it is allowed by law and it is too expensive.
The only thing that will prevent or at least discourage Self-Grow (or DIY growers) is a steep reduction in the retail price.
Right now in CO (where I'm from), DIY growers are tending their new plants.
For the time being, it is still cheaper to buy illegal pot due to the mass shortage and the heavy heavy taxes.
Time is on the side of DIY growers
You can brew your own beer, do you? Do you grow your own vegetables? Not to mention tourist money. I don't know if you're aware but americans are lazy, especially stoners. People grow illegally to sell or smoked themselves as opposed to dealing with a drug dealer. TRTC will make me a multimillionaire in a few years time
In the winter ? first of all, TRTC has several diversified product lines which allows them to be in many grocery store chains. Once they begin to penetrate Safeway, Kroger, etc, the stock will go to $1.
People grow their own in every state, however, the medicinal usage of pot will gain acceptance far sooner than recreational, and has already!. I feel tighter control of medicinal pot is going to happen where patients will need to purchase from controlled growers, which are licensed with built in state control.. TRTC is putting themselves in that position. Don't think TRTC will be growing vegetables forever in NJ. Positioning themselves for the inevitable.
Do you honestly believe everyone is all of a sudden going to become a gardener? How easy is it to grow tomatoes? I dont see everyone growing those. Further, marijuana requires expensive high powered lights, fertilizers, and room for the grow itself. Also, the time involved to properly grow plants is also a factor. I would lose more in the time it would cost me to grow plants (opertunity cost) than it does just to go out and buy it.
While I do not live in Colorado myself and you would know the culture better than I, we all know there will be some limitations on the amount that can be grown by and individual without the proper licensing and permits. I would think that would be inevitable similar to alcohol production (plus its all about the tax money) . SO IMO this is a good play and unlike some of the other stocks in this sector they actually have something :) lol.. just a thought. For the small DIY growers AERO is another to look out for as they are partnered with Scotts Miracle Grow and are playing the conservative (political) roll due to this however, later down the road they could crush companies like PHOT IMO. for Financing it looks like MNTR is a good card to play as they have capital for growers and distribution investments as well as dispenseries. Just throwing out some thoughts that aren't based on what everyone else see's.
I thought this same thing but the more I think about it, it's like any other movement, the DIY'ers are going to represent just a small piece of the big pie. There is a huge difference between the average MJ grower and one who knows what they are doing. But again, this is why I liked playing it safe with PHOT, TRTC and GRNH, since they provide the tools/infrastructure for all shapes and sizes to grow.
Actually, you have to consider the economics:
1. Pot is actually easy to grow. Online instructions abound.
2. the tomatoes analogy doesn't work because (a) tomatoes don't get you high and (b) tomatoes don't cost 50 to 100 per oz.
3. It is legal In CO and WA to grow your own so long as you only have no more than 3 mature (bud-bearing) plants at one time
4. TRTC and GRHN offer hydroponic grow of vegetables in states that do not allow commercial growing of Pot (except in CA, for medicinal use) AND
5. neither of these companies is actually growing pot or has announced a date by which they will start pot growing.
TRTC and GRNH do not provide any infrastructure.
The average person can do a little online research ands set up his grow operation without using any products from TRTC (has no products) or GRNH (no real products).
Arranging stack grow operations is not proprietary.---Anyone can do it.