Can Marijuana Help California Economy?

Off Topic Politics & World Issues
41

[quote]pittbulll wrote:
jawara wrote:
LIFTICVSMAXIMVS wrote:
Still doesn’t mean individual economies won’t be better off.

Screw the CA government! I don’t care if it goes broke.

The individual economies arent going to be that much better off because the demand may go up a little but the since weed will be legal a few more people are going to produce it and over time get better at growing it. Hell, my wife read up on growing tomato’s, watermelon, pumpkin and a few other vegtables and she’s doing great!!! The knowledge is already out there for growing marijuana so I’m sure that over time (I think less than 2 years) the beginners will get good at it.

Once the atual amount of marijuana out there on the market goes up the price is going to down. It’s just not going to be very profitable and it won’t save California’s economy.

By George, I think he has got it. If you could do that with all Drugs , you would put a lot of Criminals and terrorists out of business, I do no know the figures but I would be will to bet the marijuana tax could rival that of the alcohol tax, just my opinion
[/quote]

But no one would pay the marijuana tax because they could buy it tax free from the same kid you get yours from.

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I think the market would change, but I see it as it would become like beer or cigarettes, except more expensive, we are allowed to grow our own tobacco, but no one does as we are allowed to make our own beer, but few do. I would think the majority would buy a commercial product. There may still be an underground for potent weed.

But then again if some one were to manufacture the potent weed at the get go. For a while it would make a killing
Right now there is a void, no one is set up to do this legitimately.

43

[quote]jawara wrote:
But no one would pay the marijuana tax because they could buy it tax free from the same kid you get yours from.[/quote]

I think you vastly overestimate the number of people who would grow their own and opt to sell it underground were it to be decriminalized and regulated like tobacco or alcohol.

The kid down the street may grow some kickass Super Skunk but what will I do when I want some White Widow? I either have to grow it myself, find a new supplier who already grows it, or wait 4 months for my supplier to grow it. The fact that there are an unlimited variety of plants to be had pretty much guarantees a flourishing market for a quality product.

There are still some considerable profits to be made with Marijuana for the private enterprise. Look at the Dutch as an example. Their government also profits from it. A pound of weed can net at least $2200 US sold at about $5/gram – and that is on the low end of the spectrum before taxation. The government, if it chose to act in the appropriate manner would see tons of revenue from taxation.

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[quote]jawara wrote:
orion wrote:
jawara wrote:
LIFTICVSMAXIMVS wrote:
jawara wrote:
If they legalize it, I think people will start to grow it at home.

And they could sell the stuff they don’t use themselves thus improving their economy.

Not if everyone can grow there own. If that happens it will be worth about the same as a bag of leaves. If I was pot smoker and it ws legal to grow it myself I would because I think I could do it better than most people and if I grow it myselfI know there’s no chemicals or additives in it.

I think it’s just another case of supply and demand, the demand may go up a little but the supply will explode. When the supply goes up the price goes down.

A solid one square meter hydrophonic system costs you at least 1000$ and needs constant care- I doubt that most marijuana users would not do better by just buying it-

Exactly, and more people are going to start producing it at first. After the overall production of weed goes up the price is going to go down. How is the government gonna tax somthing that people can grow at home. Why would anyone pay say $15 for a dime bag ($5 in tax) from a government run weed store when they can buy it down the street for $10?? [/quote]

no no no. why would people spend a grand to start growing weed that requires constant care when you can walk to a 7-11 and buy it? that makes zero sense, only a small population of people like in beer and cigs, will grow their own.

you do know that people make their own beer and grow their own tobacco still right? It’s not hurting the demand for those at all.

the increase in weed production would rise with the increase in demand that would happen at the beginning of legalization. This would all level off. It’s kinda how markets work. Read up on it.

think about it for a second or two…

50$ on an ounce, little over 28 grams in an ounce, a dime bag is typically a gram(can range from .5-1.5), so that would be 50/28= 1.78 in tax, not 5 dollars.

stop making shit up.

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[quote]pittbulll wrote:
I think the market would change, but I see it as it would become like beer or cigarettes, except more expensive, we are allowed to grow our own tobacco, but no one does as we are allowed to make our own beer, but few do.

I would think the majority would buy a commercial product. There may still be an underground for potent weed.

But then again if some one were to manufacture the potent weed at the get go. For a while it would make a killing
Right now there is a void, no one is set up to do this legitimately.
[/quote]

yes there is. Encino county, Golden Triangle, nearly half the populations of those counties are in the growing business. they also supply half the nations domestic weed.

now they have a legal out in their own state. If they put all their weed into Cali, there wouldn’t be much slack to pick up.

the small remaining gap would be picked up quickly, the bill would pass and there would be a delay until its in effect, grow operations would be set up and moving product in no time.

potency and the Feds will be the deciding factor if this goes the way to big tobacco or the unknown salvia.

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Marijuana is a BILLION dollar industry. The answer is yes.

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[quote]jawara wrote:

But no one would pay the marijuana tax because they could buy it tax free from the same kid you get yours from.[/quote]

Unless I missed it, the article made no mention of decriminalizing the growing of pot by individuals. If that is still illegal, the risks outweigh the benefits for most people.

I think it would be a brilliant move. Set it up like Amsterdam, crack down on illegal growing/selling and driving under the influence and it’s a win across the board.

Then, as Bushido mentioned, open the floodgates on hemp and turn this whole country around.

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[quote]pittbulll wrote:
jawara wrote:
Pot will never be worth as much as gold. Pot grows gold doesnt.

The pot I am buying is right around $10- $15 a gram, the last time I was aware scrap jewelry was selling for $15 a gram
[/quote]

You, sir, either smoke some shitty ditch weed, or you have GREAT fucking prices.

I can’t get anything better than 20/g unless I want heavy indica “dro.” And if I want something good (Purple, Strawberry Cough, White Widow) I pay up the fucking ass. Something around 65/eighth.

Goddamn I wish I lived in Cali…

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…the dutch government does not profit directly from the growing and selling of cannabis. If a growshop owner buys 1000 euro’s of cuttings, and sells those cuttings for 1250 euro’s, the IRS taxes the growshop owner a revenue tax on 250 euro’s. The IRS does not tax the weed trade as a whole, since it’s still illegal in the EU. A bussiness like a growshop or coffeeshop simply pays an income tax based on it’s yearly revenue that consists of more than just the sale of weed…

…however, medicinal cannabis is regulated by the Bureau for Medicinal Cannabis. The BMC controls the flow of cannabis from the grower to the patient, and is part of the ministry for Traffic and Watercontrol. It is not that farfetched to assume that this BMC may play a bigger part in the legalization of cannabis come next election. Fingers crossed!

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[quote]Beowolf wrote:
pittbulll wrote:
jawara wrote:
Pot will never be worth as much as gold. Pot grows gold doesnt.

The pot I am buying is right around $10- $15 a gram, the last time I was aware scrap jewelry was selling for $15 a gram

You, sir, either smoke some shitty ditch weed, or you have GREAT fucking prices.

I can’t get anything better than 20/g unless I want heavy indica “dro.” And if I want something good (Purple, Strawberry Cough, White Widow) I pay up the fucking ass. Something around 65/eighth.

Goddamn I wish I lived in Cali…[/quote]

No shit.
We have a weed recession in my neck of the woods. I can’t find it at any price. I mean, not that I am looking or anything. :slight_smile:

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[quote]pat wrote:
Beowolf wrote:
pittbulll wrote:
jawara wrote:
Pot will never be worth as much as gold. Pot grows gold doesnt.

The pot I am buying is right around $10- $15 a gram, the last time I was aware scrap jewelry was selling for $15 a gram

You, sir, either smoke some shitty ditch weed, or you have GREAT fucking prices.

I can’t get anything better than 20/g unless I want heavy indica “dro.” And if I want something good (Purple, Strawberry Cough, White Widow) I pay up the fucking ass. Something around 65/eighth.

Goddamn I wish I lived in Cali…

No shit.
We have a weed recession in my neck of the woods. I can’t find it at any price. I mean, not that I am looking or anything. :)[/quote]

Cali weed is the greatest