Posts tagged with "Competitors"

Marijuana illustration by Heather Skovlund for 360 Magazine

Honest Marijuana Company

In the old days of illegal weed, the price you paid for your weekend toke depended mostly on who was selling it to you. These were behind-the-scenes transactions, with no recourse for a deal gone bad and no way to price compare with a competitor. You paid the price asked or you went without.

Now, as state legalization grows and the chatter about federal legalization becomes less talk and more reality, the game has changed forever for the buyer. So, it’s a good time to be clear on what you’re paying for before you go to your local cannabis boutique, or even the corner store, if you should be so lucky to have marijuana available for sale there!

First off, price comparing starts with quantity

If you want to look at what your weed is going to cost you, and even compare different strains, it’s best to pick a quantity. From state to state, the price of quantity X will vary, based on factors we’ll discuss later, but for now, it’s important to understand what quantities you can order in. 

The most common quantities you can buy cannabis in are a gram, eighth of an ounce, quarter of an ounce, half an ounce, and a full ounce. Notice how the common quantities mix metric and Imperial measuring units? A gram is 1/1000th of a kilogram and an ounce is 1/16th of a pound. Typically, you’ll find that dispensaries will use ounces for larger quantities, and grams for a smaller purchase.

What does a gram look like? It’s about the size of a bottle cap, which gives you a visual point of reference to figure out what you’re getting for what price. The average joint is about 0.7 grams of weed so a gram will give you about 1.5 joints. Here are the other measurements, to give you a rough idea of what you’re getting:

  • An eighth of an ounce (which is roughly 3.5 grams) will give you just about 5 joints.
  • A quarter of an ounce (7 grams) will net about 10 joints.
  • A half an ounce (14 grams) will give you about 20 joints.
  • A full ounce (28 grams) is just about equal to 40 joints.

From Alaska to West Virginia, that price per ounce of medium quality weed can run anywhere from $6 to $12.

Quality is the next factor

If you look at average prices of weed across the country, they’re pretty stable and typically refer to medium quality cannabis. When you want to compare a gram of cannabis from one shop to another, a major increase in price could be because of the quality of the product. 

For example, an organic and locally indoor grown variety might be more expensive than a mass produced, imported one. You really do have to compare apples to apples, if you want to be sure you’re getting the right picture.

Other factors that will influence the price of weed

Your state’s legal stance toward cannabis

If you live in a state where cannabis isn’t legal in any form, obviously you’re still operating in the old ways of quiet deals made with people who don’t really care to negotiate the prices they feel like charging. After all, they risk going to jail for providing you with your ‘chill’ so there’s a premium attached to that.

In the states that have legalized recreational marijuana (Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, and Washington), you’ll find competition higher and prices that reflect that.

The remaining twenty-one states that have legalized medical marijuana require a doctor’s note to obtain it, which isn’t a particularly challenging hurdle in most places, so this doesn’t affect the prices too significantly.

One place where cannabis is particularly expensive? Washington D.C. Despite legalization of medical and recreational use, they didn’t legalize the purchase of cannabis. That little detail is reflected in prices that are almost twice the national average for legalized / decriminalized states!

The physical geography of where you live

Cannabis isn’t an overly fussy plant to cultivate but it does prefer warm, stable temperatures, averaging in the daytime around 80 degrees. Places that have daytime temperatures that run hotter than 88 degrees or colder than 60 degrees have a harder time growing—it’s a slower process—and can end up with plants that have lower THC content and therefore lower overall quality.

So, if you live in Alaska or New Hampshire, for example, your weed has most likely been brought in from elsewhere, which means added costs in transportation and labor, to package and ship.

How your weed is grown

How your preferred brand is grown makes a difference on quality. 

  • Are they grown outdoors where light, water, soil, and ambient daytime temperatures are all free for the asking and therefore don’t add to the cost of production? 
  • Are they grown indoors, where special electrical lighting, watering and feed systems, and climate control are all required and add to the cost of production? 

Outdoor grown weed can be lower quality in that there aren’t many ways to control Mother Nature. Being able to control elements through technology can yield a higher quality product. From pest and humidity control to very specific watering schedules, as well as the use of light waves to maximize growth and intensity, indoor growers have the keys to control quality in ways that outdoor growers really cannot.

Factor in also whether the grower is using organic production methods, as this will definitely yield a higher quality product. No toxins from pesticides means a cleaner experience for you.

Where you buy your marijuana

Are you buying from a boutique dispensary or a corner store? Are you buying from a chain of cannabis stores or from a one-man dealer? Which way you go will affect the price you pay.

Dispensaries have overhead and staff to pay, which adds to the cost. However, they also have guidelines to follow in terms of packaging and labeling, as well as a vested interest in pleasing their customer, so they’re a good bet. You will know exactly what you’re getting, including the sourcing, THC content, whether it’s organic or not and so on. If you buy from a dealer, who is claiming to sell high quality products, you have no guarantees whatsoever that they are telling the truth.

Competitors drive the price down

Supply and demand is an easy equation. If there are several dispensaries with similar offerings in your area, the price per gram will be lower than in an area with no competition for your one dispensary. There is less supply for potentially similar demand, which can easily affect the price. The key as a consumer is to know your average pricing so you can tell whether or not you are getting a good deal.

Taxation and legalization go hand in hand

The states that have legalized marijuana have also clued in that it is an important revenue source. Sales tax, if the state has one, is applied to cannabis too. The rate can be higher for weed than for other products, as it is in Colorado. They have a state sales tax rate of 2.9% but the rate for weed? 10%.

In addition to sales tax, legal sellers are faced with taxes in production, purchasing, packing and transportation, costs that are typically downloaded to the end consumer.

The timing of your purchases

Time of year can impact the price of weed. Like most cultivated crops, the largest amounts are harvested in and around the month of September. Result? The supply is up, and prices should go down a little. 

As legalization continues to expand, state to state and even federally, the pricing will become more standard and easier to predict. At that point, the quality of the weed will be the big differentiator and as the end consumer, that’s not a small factor to consider. Buy with care and enjoy yourself!

Bio:

Anthony Franciosi, also known as Ant, is an honest to goodness farmer whose fingers are as green as the organic cannabis he grows. He is the proud founder of Honest Marijuana– an all-natural, completely organic marijuana growery in Colorado.

5G Illustration by Heather Skovlund for 360 Magazine

Huawei Tops Share of 5G Devices

Huawei tops share of active 5G-ready devices globally with Samsung, Apple lagging behind

Data analyzed by Finbold indicates that Chinese firm Huawei is leading in active 5G-ready devices with a share of 26.9% globally during Q4 2020. Samsung ranks second with a share of 25.1%, while Apple accounts for 19.5%. Vivo, another Chinese firm, controls a share of 11.8%, with Honor accounting for 6.9% of the active 5G-ready devices. The Finbold analysis also compared the share of 5G-ready devices between Samsung and Huawei from August 2020 to December 2020. The findings show that Samsung dominated the share for the four months before December.

In August, Samsung’s share was 45.2% against Huawei’s 10.2%. As of September, the South Korean manufacturer share increased to 48.1%, with Huawei accounting for 10.1%. The dominance continued in October, with Samsung taking a share of 48.6% while Huawei accounted for 9.5%. In November, both players saw their active 5G-ready devices share drop as Samsung accounted for 44.9% against Huawei’s 8.6%. As of December, Huawei flipped the status to rank top at 27%, with Samsung accounting for 25.1%.

 Huawei leverages on pandemic to emerge top

The report explains circumstances that potentially contributed to Huawei emerging as a dominant force in active 5G-ready devices. According to the research report: “Like other industries, most of the manufacturers were impacted with Covid-19 disruption that affected global supply. However, Huawei appears to have sustained the downturn after China controlled the pandemic early, unlike competitors in the west which entered the pandemic’s second wave towards Q4.”

The growth of Huawei might soon be challenged since competitors are increasingly launching new 5G devices. For instance, Apple, with just one active 5G-ready device, ranked third.

 Read the full story with statistics here.

 

360 Magazine, Business

COVID-19 Shifted Modern Business

COVID-19 and the global pandemic has presented a significant and unforeseen challenge to many businesses. The government and public health restrictions have meant closures for some, and the economic impacts have meant customers are more nervous than ever before. As a business, managing through this pandemic means shifting the fundamental way you see your business. To better understand how COVID-19 has shifted the perspective of modern business, consider these points.

Managing the books

Prior to the pandemic, businesses could be excused for not being across the minutia of detail when it came to their day to day finances. Managing inventories, purchasing and other key accounting tasks may have been considered handled in a lot of circumstances. With the pandemic taking force, it’s been crucial to shift that perspective and consider online accounting software. As businesses shift operations away from bricks and mortar style offices, to working from home, online software is key. Businesses need to be able to manage and keep an eye on all finances in real-time. Making critical accounting decisions remotely could make or break the business, so your business needs to be agile in the way it operates. Traditional businesses could get away with quarterly reporting or even monthly, but the modern business will need to be much more focused on the numbers week to week or even day-to-day. Online software can keep you up-to-date with the accounting details you need to make smarter decisions.

Smart tooling

Previously, businesses considered tools which would allow their employees, customers and competitors to connect a nice service to have. Since COVID took hold, it’s been crucial for the modern business to adapt and offer a range of tools to help create those connections. In lieu of seeing people face-to-face, businesses needed to find ways to create virtual collaboration and avoid an over-reliance on traditional communication methods, like email. 

The modern business has shifted its perspective on these tools and some are now even seeking to find ways to create these virtual connections, similar to the water cooler type conversations you’d see in a physical office. This pandemic has created a divide in project teams, product teams and many other teams where close collaboration was a key to success. Modern businesses, rather than abandoning these ways of working, have adapted and found tools that help them connect better in a separated world.

Productive home workers

Prior to the pandemic taking hold, a lot of traditional business managers held the belief that working from home was unproductive. With public health advice all but demanding businesses have employees work from home, this perspective has certainly changed. Many businesses experienced a changing of the guard, albeit through a transition period. But as time goes by, the modern business is realising that expensive leases and large tenancy are simply not necessary. Employees have proven that productivity will go on, and that business output doesn’t suffer simply because staff are at home. 

Without commutes, some staff even prefer to work longer hours. The pandemic has offered the modern business an advantage to be taken. Allowing staff to become flexible with work arrangements both now and into the future can help build a more engaged and focused workforce. The caveat to this is ensuring staff have the appropriate setups and systems access to do their jobs effectively.

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COVID-19 has challenged many widely held beliefs about the way a traditional business needs to run. From managing the day to day to allowing staff the freedom to work from wherever they are most productive. Modern business perspectives have changed and a lot of managers would argue it’s about time too.

Off The Hook Seafood Festival

The 4th annual OFF THE HOOK Seafood Festival celebrates National Seafood Month on the iconic Santa Monica Pier on Saturday, Oct. 6, 2018 from 4-7 PM (VIP access at 3PM). The event features tastings from the city’s best seafood restaurants and chefs, live music, the popular oyster shucking competition, sustainable seafood VIP Lounge and more. This seafood-loving food fest is 100% free of single-use plastics and benefits Heal the Bay who help to keep our oceans, waves and beaches clean.

We are delighted to be part of this year’s OFF THE HOOK,” said Apryl Boyle, Associate Director of Heal the Bay Santa Monica Aquarium, “This event brings together the best restaurants and seafood dishes while also helping to draw awareness for sustainability and ocean friendly lifestyle practices.

This year’s festival will feature Santa Monica’s top chef’s showcasing dishes with their underwater ingredients such as oysters, baja kanpachi, ahi handrolls, shrimp mac and cheese, lobster rolls and more. Participants include Chef and Restauranteur Jason Fullilove of Barbara Jean, Barbara Pollastrani from Heroic Deli and Govind Armstrong from The Lobster, and bites from other amazing restaurants such as BOA, Sushi Roku, Herringbone, Red O, Blue Plate Oysterette, 1212 Santa Monica, The Albright,T MBI Craft Indian Kitchen, Del Frisco’s Grille, Astro Doughnuts & Fried Chicken, Enterprise Fish Co., Bubba Gump Shrimp Co., TrashFish Box, Jimmy’s Famous American Tavern and more.

The OFF THE HOOK Oyster Shucking Competition, sponsored by The Albright, is always a crowd favorite where competitors battle it out for “Best in Shuck.” The Heal the Bay Santa Monica Aquarium, located directly under the Pier, will also be offering free entry to VIP ticket holders.

Tickets are $50.00 in advance for general admission, which include tastings, access to beer and wine garden, spirits tasting, live music, games and more and VIP tickets are $85.00 in advance and include early entry at 3 p.m. and access to the Sustainable Seafood VIP Lounge with curated cocktails and specialty seafood dishes from FIG, Barbara Jean, and Omega Blue Seafood.

OFF THE HOOK is proudly sponsored by Peroni/Blue Moon, Odwalla, The Albright, Getaround, Kevita, Fresh Wata, Kikori Whiskey, Cheeky Plates, Get Around, Eco Eats Party Ware, Santa Monica Chamber of Commerce, Buy Local Santa Monica, Santa Monica Daily Press, LA Weekly, Angeleno, ATOD Magazine and Yelp.

A portion of proceeds will benefit Heal the Bay to help preserve our local oceans, waves, and beaches for future generations. Tickets are available now www.offthehookseafoodfest.com.

ABOUT HEAL THE BAY:

Heal the Bay is an environmental nonprofit dedicated to making the coastal waters and watersheds of Greater Los Angeles safe, healthy and clean. To fulfill our mission, we use science, education, community action, and advocacy. Learn more at www.healthebay.org.

Social Links

Instagram – @othseafoodfest
Twitter – @othseafoodfest
Facebook – @offthehookfest

Sept 2018 Berlin Marathon

The sports world has created a new breed of migratory bird. These are flocks of male and female marathon runners who descend annually on six international marathons (Tokyo, Boston, London, Berlin, Chicago and New York City). While it may be just the elites chasing the cash prizes, everyone else is after the Six Star Finisher Medal given to those amateurs who challenge and accomplish all six of the majors.

This series is the ultimate challenge for those who want to experience an amazing achievement in fascinating cities. But one city stands out from the crowd. More marathon records have been established in Berlin than any of the other majors.

In past years nearly 75,000 runners in one year alone requested to enter the BMW Berlin Marathon in a field limited to 40,000, advised Sports Tours International http://www.sportstoursinternational.co.uk/.

To assure that every marathoner fulfills the dream of joining the Berlin field, Sports Tours International guarantees entry to marathons requiring individual entries. The company also arranges a variety of inclusive accommodations packages for competitors and for non-running visitors who want to track the drama of such stars as Kenya’s Eliud Kipchoge who won the BMW Berlin Marathon in 2017.

This marathon, famous for being flat and fast, started in the Grunewald forest in 1974 and moved to West Berlin in 1981. Over recent years the BMW Berlin Marathon has provided nine world records, including Dennis Kimetto’s marathon world record of 2:02:57 in Berlin in 2014. The female course record 2:19:12 was set here in ’05.

The September 16, 2018 BMW Berlin Marathon starts and finishes on Strasse des 17, running past the magnificent Angel of Peace statue and through the Tiergarten district before continuing past the Reichstag at 7Km and the Berliner Dom at 9Km. The field begins to spread out and the race begins to move along quickly where runners can start picking up speed and pace at 12Km while passing the lovely fountain at Strausberger Platz.

The crowds continue to pick up as does the noise, and it’s all supplemented with more than 60 bands lining the route. The course is one big sightseeing loop through one of the most exciting cities in the world. Guaranteed entries are available with travel packages through Sports Tours International. See: http://www.sportstoursinternational.co.uk/events/berlin-marathon/

Sports Tours International’s BMW Berlin Marathon tour packages for competitors and visitors feature:

• Guaranteed entry into the marathon (£130 per entry)

• 3/4/5 nights at a choice of excellent, centrally located hotels

• All hotel taxes

• Daily breakfasts

• The services of the highly experienced Sports Tours International Team

Sports Tours International suggests booking race packages early. For more information, available packages, space availability and reservations please visit online: http://www.sportstoursinternational.co.uk/, email: sales@sportstoursinternational.co.uk, or call: (+44) 161 703 8161.