THE EMERALD TRIANGLE NEWS…… MARIJUANA NEWS FROM HUMBOLDT AND MENDOCINO COUNTIES

Marijuana Street Values Inflated: news.hum.county.com : HUMBOLDT :Marijuana Grow Raided in Eureka, Street Value Estimates Greatly Exaggerated

July 16, 2008 · Leave a Comment

EXAGGERATED PLANT COUNTS!

PHOTO COURTESY OF KINDERGREENBUDS.COM CLICK EM TO VISIT EM

PHOTO COURTESY OF KINDERGREENBUDS.COM CLICK EM TO VISIT EM

I read the following this morning form the Humboldt County News, is what’s a little interesting is the plant weight estimates-definitely inflated and way off track from reality.

“The Times-Standard is reporting that a marijuana grow was discovered by the Eureka Police Department yesterday during an arson investigation.David McCullough was arrested at a residence on the corner of 14th and M Streets when cops and Eureka Fire Department personnel served a search warrant on the property. The TS article says that a “moderate sized” pot garden was discovered inside the residence and was running on shoddy wiring, posing a safety hazard to the public. This is very common, especially in the shady parts of Eureka where tweekers tend to reside. The article says that 450 pot plants were confiscated ranging in height from 6 inches to “over one foot”, as well as 4.5 pounds of processed weed.We are going to call foul on the EPD’s estimate of the value of the confiscated marijuana plants. They claim the combined street value would be $270,000, but this is an absolutely ludicrous assertion.First off, high quality indoor pot goes for no more than $4000 per pound here in Humboldt County. Chances are good that the goons behind this 14th Street grow were lucky if they got even mediocre herb as their final product. Let’s be realistic and say they could sell their pounds for $3500 each. So, the 4.5 pounds are worth $15,750 on the local market, $18k at the most (generous assumption). That leaves $252,000 that the cops are saying those 6-inch plants are worth.Still with us? It would take slightly more than 71 pounds of decent pot at $3500 per pound to give this grow the value that the EPD claims it was worth. Do these guys have any idea what typical indoor marijuana garden yields are? Obviously not.” CLICK HERE TO READ THE REST OF THE ARTICLE: Grow Raided in Eureka, Street Value Estimates Greatly Exaggerated from: The Humboldt County News

http://news.humcounty.com

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