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historic marijuana auction in washington state

11/15/2014

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The Smell the Truth blog at SFGate (which is not actually written or edited by the SFGate staff) has been circulating the flyer below. Fireweed Farm could not be reached for comment Saturday afternoon, as calls to the number listed on www.fireweedfarm.com went directly to a recorded messaging saying that "the person you are trying to reach is not accepting calls at this time."

If successful, the Fireweed Farm auction will provide an example of a legal distribution model which is wildly different from the dominant business model that emerged in California's medical marijuana market. California growers looking to do business with the state's network of medical marijuana dispensaries tend to have a lot of competition.

In recent years, particularly after the collapse of the wholesale marijuana market, many medical growers have had difficulty selling their crop to a limited number of legal buyers. For rural growers this process generally involves risky long-distance road trips, delivering samples to the dispensaries.

The auction model, on the other hand, may effectively bring clients directly to the farmer. It may also provide reliable data Washington's wholesale climate, using bidding information to find out what entrepreneurs are willing to pay in the state's emerging marijuana economy.

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    Dave Brooksher lives and works in Oakland, Calif.

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