Let's Get Rich Off Pot

[quote]chobbs wrote:
Good lord did anyone see the news where they ran a story how 3 people died of weed overdoses within the first 2 days of legalization in Colorado? Sad thing is I’m sure my parents and grandparents were ignorant enough to believe it…[/quote]

The ratio between an effective amount and a lethal amount is an estimated 1 : 15000.

Yes, let’s. I’ve heard all the arguments about ‘does it do damage’ and ‘should we be commercialising it’ and ‘do you want your children to smoke it’ and the bottom line is I don’t give a shit. Can we at least be honest about it though? I’d like that. Because, frankly, the whole ridiculous cycle of moral panic is the only thing that’s made this drug dangerous.

I watched a documentary on how beneficial juicing cannabis is. And it literally just made me irate. I live in NH and our govenor just told us she would veto the passed bill legalizing mj…You’re damn right I called the office and gave them a piece of my mind. First time I’ve ever done that…and to be honest it felt pretty damn good.

I think it’s pathetic…alcohol not one single medical benefit-legal
weed numerous medicinal benefits-illegal

The only reason there’s any money being made from alcohol sales is because it’s such a bitch to make any good booze yourself. Not so with marijuana. Anyone can grow it, and the only real issues with growing are related to the problems that arise from trying to grow it surreptitiously. Once it’s legal, it’s open season on growing. It’s already dirt-cheap as it is, and the obligatory government regulations on how it’s grown and sold and all that shit will most likely drive the prices up. It’s already so common and de-stigmatized that there really isn’t any premium on the price that accounts for the risk taken to produce it.

When it becomes legal the only people who will buy it are the type who don’t smoke it often anyways. And those types of people aren’t going to drive demand for the product. It’s the potheads across college campuses and that sort of thing that will drive demand, and those types are more likely to just grow it on their own and smoke it for free, especially considering that most of those types are already familiar with growing.

Think about it: how many people who regularly smoke weed have wanted to grow weed? All of them. How many are capable of doing so? All of them. And what is the main reason most of them haven’t done so already? It’s illegal to do so. When it becomes legal, all of those people are going to try and grow it, and they’ll all realize that it’s so fucking easy to grow some high-octane weed that there’s no point in paying inflated prices down at the local dispensary. Take a look around at some of these dispensaries right now. The legal price of an ounce of medium-quality weed in Washington is about $200, maybe a little less. The ILLEGAL price of weed in California for medium-quality weed is a little more than half that. I could go buy an ounce of high-grade weed on the black market right now for the price of weed far less potent AND legal. It’s a rare case of the black market prices being lower than the legit prices.

taxing weed is like raping baby jesus. Makes the soul weep.

As everyone is watching football today ask yourselves these questions.

Have you ever been so high on weed that you died from it?
Have you ever been so high on weed that you starting shaking and became physical ill from not having it?
Have you ever been so high on weed that you started a fight?
Have you ever been so high on weed that you wrecked a car?
Have you ever been so high on weed that you fucked a fat chick?
Have you ever been so high on weed that you got fat from it?

Have you ever been so high on weed that you lost control of your actions and did something very regrettable?

Now ask yourself those same questions and replace “so high on weed” with “so drunk on booze”

A$ you’re watching football notice the amount of commercial$ promoting the u$e of alcohol…

[quote]Pj92x wrote:
taxing weed is like raping baby jesus. Makes the soul weep.[/quote]

I’m very conservative. I believe we should have a small efficient government and the lowest taxes possible. However, taxation of “sin” items is one area I deviate. To keep income tax, property tax, other sales tax and all the other fees and permits and crap we have to pay as low as possible, I say tax the shit out of alcohol, tobacco and weed. I even think the same thing about junk food and would probably come up with a lot of other things if I put my mind to it. Oh, guns. I think we should tax the shit out of gun purchases.

[quote]on edge wrote:

[quote]Pj92x wrote:
taxing weed is like raping baby jesus. Makes the soul weep.[/quote]

I’m very conservative. I believe we should have a small efficient government and the lowest taxes possible. However, taxation of “sin” items is one area I deviate. To keep income tax, property tax, other sales tax and all the other fees and permits and crap we have to pay as low as possible, I say tax the shit out of alcohol, tobacco and weed. I even think the same thing about junk food and would probably come up with a lot of other things if I put my mind to it. Oh, guns. I think we should tax the shit out of gun purchases.[/quote]

God speed if they want to legalize weed then tax the fuck out of it imho, ill be growing mine in the basement anyways…

[quote]on edge wrote:

[quote]Pj92x wrote:
taxing weed is like raping baby jesus. Makes the soul weep.[/quote]

I’m very conservative. I believe we should have a small efficient government and the lowest taxes possible. However, taxation of “sin” items is one area I deviate. To keep income tax, property tax, other sales tax and all the other fees and permits and crap we have to pay as low as possible, I say tax the shit out of alcohol, tobacco and weed. I even think the same thing about junk food and would probably come up with a lot of other things if I put my mind to it. Oh, guns. I think we should tax the shit out of gun purchases.[/quote]

But taxing for alcohol and tobacco makes sense because they make people sick meaning healthcare bills which taxpayer money goes on.

But marijuana does not make you sick, it is actually used, in oil form to cure cancer, in food and smoking form for pain relief and mood enhancer.

Weed is not in the same realm as “drugs” because there are no reported cases of people getting lung cancer from smoking buds in a pipe. You might get cancer if you add tobacco in a joint like they do here, so tax cigarettes. You might get cancer from rolling papers so tax papers but marijuana can not make you ill or kill you. in all of history there are no cases of either.

[quote]Aggv wrote:

Have you ever been so high on weed that you fucked a fat chick?
[/quote]

Yes.

Was awesome.

[quote]orion wrote:

[quote]Aggv wrote:

Have you ever been so high on weed that you fucked a fat chick?
[/quote]

Yes.

Was awesome.[/quote]

sex on weed is pretty awesome, however it does not change a 4 into a 9 the same way booze goggles do

[quote]Aggv wrote:

[quote]orion wrote:

[quote]Aggv wrote:

Have you ever been so high on weed that you fucked a fat chick?
[/quote]

Yes.

Was awesome.[/quote]

sex on weed is pretty awesome, however it does not change a 4 into a 9 the same way booze goggles do[/quote]

was no 4.

just an exaggerated hourglass.

and nice.

and starved for … several things actually.

You guys do know that weed does contain known carcinogens and is not manna, right?

If it becomes a fully developed industry it will have all of the elements of big pharma, big agro, and all of the other boogeymen that people hate.

[quote]SkyzykS wrote:
You guys do know that weed does contain known carcinogens and is not manna, right?

If it becomes a fully developed industry it will have all of the elements of big pharma, big agro, and all of the other boogeymen that people hate.
[/quote]

If you think having the cops knock on your door asking about your plants is bad news, wait till its an army of Monsanto patent lawyers that come knocking claiming everything you and your distant family owns is now theirs because some of their patented seeds found their way into your garden.

[quote]jjackkrash wrote:

[quote]SkyzykS wrote:
You guys do know that weed does contain known carcinogens and is not manna, right?

If it becomes a fully developed industry it will have all of the elements of big pharma, big agro, and all of the other boogeymen that people hate.
[/quote]

If you think having the cops knock on your door asking about your plants is bad news, wait till its an army of Monsanto patent lawyers that come knocking claiming everything you and your distant family owns is now theirs because some of their patented seeds found their way into your garden. [/quote]

That is going to one of the choices people will have to make though. For strains to be commercialized somebody big is going to have to step in and do some heavy lifting.

Joe Phishfan can turn out a couple hundred pounds of thunderfuck from the side of his mountain, which is all good for Joe & friends, but that isn’t going to cut it on a national commercial scale.

If I wanted to protect a strain, I’d do the same thing any small inventor does- mail a seed sample to yourself as a poor mans patent. I forget the exact terms of plant patents, but that should work.

On the other hand- The guy with a great strain and the smarts to get it covered could reap some massive rewards if he demonstrates a little bit of business smarts.

[quote]DBCooper wrote:
The legal price of an ounce of medium-quality weed in Washington is about $200, maybe a little less. The ILLEGAL price of weed in California for medium-quality weed is a little more than half that. I could go buy an ounce of high-grade weed on the black market right now for the price of weed far less potent AND legal. It’s a rare case of the black market prices being lower than the legit prices.

[/quote]

I’m sorry what? The medium quality legal weed you mentioned is still close to half the price people pay over here

[quote]lemony2j wrote:

[quote]DBCooper wrote:
The legal price of an ounce of medium-quality weed in Washington is about $200, maybe a little less. The ILLEGAL price of weed in California for medium-quality weed is a little more than half that. I could go buy an ounce of high-grade weed on the black market right now for the price of weed far less potent AND legal. It’s a rare case of the black market prices being lower than the legit prices.

[/quote]

I’m sorry what? The medium quality legal weed you mentioned is still close to half the price people pay over here
[/quote]

I can go to a dispensary in California and get middle-of-the-road weed for about $200 an ounce. I can get the exact same weed on the black market for about $150. I can go to the same dispensary and get high-octane weed for about $320 an ounce. I can get the same high-octane weed on the black market for about $250 an ounce. Anyone who thinks that legal weed is a viable source of state income is high as shit.

All the people who sell weed do now is simply drop the price of their product below that of their legal competitors. WIth no regulations to deal with and all that costly extra shit legitimate businesses have to go through, dealers will always be able to compete with dispensaries. When it becomes completely legal, they’ll just continue selling it at a price below that of legal dispensaries. There is a market for weed. There is NOT a market for weed that is over-priced, not when there will still be much cheaper avenues to get it.

[quote]DBCooper wrote:

[quote]lemony2j wrote:

[quote]DBCooper wrote:
The legal price of an ounce of medium-quality weed in Washington is about $200, maybe a little less. The ILLEGAL price of weed in California for medium-quality weed is a little more than half that. I could go buy an ounce of high-grade weed on the black market right now for the price of weed far less potent AND legal. It’s a rare case of the black market prices being lower than the legit prices.

[/quote]

I’m sorry what? The medium quality legal weed you mentioned is still close to half the price people pay over here
[/quote]

I can go to a dispensary in California and get middle-of-the-road weed for about $200 an ounce. I can get the exact same weed on the black market for about $150. I can go to the same dispensary and get high-octane weed for about $320 an ounce. I can get the same high-octane weed on the black market for about $250 an ounce. Anyone who thinks that legal weed is a viable source of state income is high as shit.

All the people who sell weed do now is simply drop the price of their product below that of their legal competitors. WIth no regulations to deal with and all that costly extra shit legitimate businesses have to go through, dealers will always be able to compete with dispensaries. When it becomes completely legal, they’ll just continue selling it at a price below that of legal dispensaries. There is a market for weed. There is NOT a market for weed that is over-priced, not when there will still be much cheaper avenues to get it.[/quote]

I think a lot of professionals/middle-class family types with kids would and will pay a moderate premium for legal weed vs. buying from a black-market drug dealer. Some people are confortable buying stereo equipment out of the back of the van; many more people prefer paying a premium and go to best buy where the transaction is legal and where there is recourse if they sell you a bad product.

[quote]jjackkrash wrote:

[quote]DBCooper wrote:

[quote]lemony2j wrote:

[quote]DBCooper wrote:
The legal price of an ounce of medium-quality weed in Washington is about $200, maybe a little less. The ILLEGAL price of weed in California for medium-quality weed is a little more than half that. I could go buy an ounce of high-grade weed on the black market right now for the price of weed far less potent AND legal. It’s a rare case of the black market prices being lower than the legit prices.

[/quote]

I’m sorry what? The medium quality legal weed you mentioned is still close to half the price people pay over here
[/quote]

I can go to a dispensary in California and get middle-of-the-road weed for about $200 an ounce. I can get the exact same weed on the black market for about $150. I can go to the same dispensary and get high-octane weed for about $320 an ounce. I can get the same high-octane weed on the black market for about $250 an ounce. Anyone who thinks that legal weed is a viable source of state income is high as shit.

All the people who sell weed do now is simply drop the price of their product below that of their legal competitors. WIth no regulations to deal with and all that costly extra shit legitimate businesses have to go through, dealers will always be able to compete with dispensaries. When it becomes completely legal, they’ll just continue selling it at a price below that of legal dispensaries. There is a market for weed. There is NOT a market for weed that is over-priced, not when there will still be much cheaper avenues to get it.[/quote]

I think a lot of professionals/middle-class family types with kids would and will pay a moderate premium for legal weed vs. buying from a black-market drug dealer. Some people are confortable buying stereo equipment out of the back of the van; many more people prefer paying a premium and go to best buy where the transaction is legal and where there is recourse if they sell you a bad product.

[/quote]

The black market drug dealer will change a bit. If you can buy weed legally then you can possess it legally so just the act of having weed on you is a lower risk. This brings down the black market price and changes the type of people willing to sell it.

[quote]jjackkrash wrote:

[quote]DBCooper wrote:

[quote]lemony2j wrote:

[quote]DBCooper wrote:
The legal price of an ounce of medium-quality weed in Washington is about $200, maybe a little less. The ILLEGAL price of weed in California for medium-quality weed is a little more than half that. I could go buy an ounce of high-grade weed on the black market right now for the price of weed far less potent AND legal. It’s a rare case of the black market prices being lower than the legit prices.

[/quote]

I’m sorry what? The medium quality legal weed you mentioned is still close to half the price people pay over here
[/quote]

I can go to a dispensary in California and get middle-of-the-road weed for about $200 an ounce. I can get the exact same weed on the black market for about $150. I can go to the same dispensary and get high-octane weed for about $320 an ounce. I can get the same high-octane weed on the black market for about $250 an ounce. Anyone who thinks that legal weed is a viable source of state income is high as shit.

All the people who sell weed do now is simply drop the price of their product below that of their legal competitors. WIth no regulations to deal with and all that costly extra shit legitimate businesses have to go through, dealers will always be able to compete with dispensaries. When it becomes completely legal, they’ll just continue selling it at a price below that of legal dispensaries. There is a market for weed. There is NOT a market for weed that is over-priced, not when there will still be much cheaper avenues to get it.[/quote]

I think a lot of professionals/middle-class family types with kids would and will pay a moderate premium for legal weed vs. buying from a black-market drug dealer. Some people are confortable buying stereo equipment out of the back of the van; many more people prefer paying a premium and go to best buy where the transaction is legal and where there is recourse if they sell you a bad product.

[/quote]

It’s more like buying a bunch of beer from your buddy down the street. People only pay a premium when there is an actual penalty for going elsewhere. If I get caught buying weed in California, where it isn’t even legalized yet, the penalty is practically non-existent. The decriminalization has essentially made it possible for the black market to compete with the legal market. It has also eroded almost the entire incentive for paying the higher price.