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Message
re: Legal Weed Sales top $5.4 Billion in 2015
Posted on 2/1/16 at 4:15 pm to LSUintheNW
Posted on 2/1/16 at 4:15 pm to LSUintheNW
quote:
50-4=46
Washington, Colorado and..?
I'm not counting medical.
Posted on 2/1/16 at 4:15 pm to Dire Wolf
Colorado being a "swing" state makes them untouchable on this issue.
Posted on 2/1/16 at 4:16 pm to Dan Bilzerian
quote:
Washington, Colorado and..?
I'm not counting medical.
Oregon, Alaska
and DC.
This post was edited on 2/1/16 at 4:17 pm
Posted on 2/1/16 at 4:17 pm to Dan Bilzerian
quote:
50-4=46
Washington, Colorado and..?
I'm not counting medical.
Oregon and Alaska
quote:
I'm not counting medical.
There are a lot more than 2 medical states.
This post was edited on 2/1/16 at 4:28 pm
Posted on 2/1/16 at 4:19 pm to Darth_Vader
quote:
Not necessarily. There's still a lot of people out there opposed to legalized weed. All it will take is an AG who "stands for law and order" and wants to "get tough on crime".
People who are opposed to weed legality can still respect states' rights. If a state votes to legalize something, the Feds should stay out of it.
Posted on 2/1/16 at 4:24 pm to Epic Cajun
quote:
People who are opposed to weed legality can still respect states' rights.
Ideally, yes. Sadly though I'd say most people who oppose legalized weed, while probably claiming to be supporters of states' rights, will let their desire to see weed remain illegal to override their support of states' rights.
quote:
If a state votes to legalize something, the Feds should stay out of it.
I could not agree with you more. something like weed should be a state issue. If the people of say, Louisiana or Alabama want to make weed legal, they should be able to do so. Likewise, if those same people vote to keep it illegal, although I personally would disagree, I'd still support their right to do so.
Posted on 2/1/16 at 4:25 pm to upgrayedd
quote:Downside to this is that the cartels are now robbing and burglarizing dispensaries and owners in the US. Our weed is high grade compared to that dried hay coming from mexico so its demand is rising.
Sweet. $5.4 billion out of the hands of the the Mexican cartels
Posted on 2/1/16 at 4:28 pm to BayouFann
One would think once a few more states legalize this year (Nevada and Maine are almost guaranteed, with 3 - 5 more as strong possibilities), eventually the tax windfall that other states are missing out on will be too difficult for even the staunchest of those states to ignore.
This post was edited on 2/1/16 at 4:30 pm
Posted on 2/1/16 at 4:29 pm to BayouFann
quote:
quote: Sweet. $5.4 billion out of the hands of the the Mexican cartels Downside to this is that the cartels are now robbing and burglarizing dispensaries and owners in the US. Our weed is high grade compared to that dried hay coming from mexico so its demand is rising.
Also, downside is heroin flooding into the American market due to loss of cartels revenue source.
Posted on 2/1/16 at 4:31 pm to CherryGarciaMan
quote:
Also, downside is heroin flooding into the American market due to loss of cartels revenue source.
The cartels haven't lost that much. These states that are legal smoke the good stuff that's grown locally.
Posted on 2/1/16 at 4:32 pm to CherryGarciaMan
quote:
Also, downside is heroin flooding into the American market due to loss of cartels revenue source.
Part of that is the massive increase in prescription drug abuse over the past several years. People get hooked on pills then when their script and/or money runs out, they turn to heroin.
Posted on 2/1/16 at 4:35 pm to LSUwag
quote:
Tax the hell out of it.
The most fair tax is the one I don't have to pay
Posted on 2/1/16 at 4:52 pm to JohnnyKilroy
quote:
Colorado being a "swing" state makes them untouchable on this issue.
The only exception being Christie and Jeb as they are War on Drugs assholes, the republican nominee will stay the frick away from this issue. If anything, he will only pander hard and harder to the people of Colorado on legal weed.
If he says anything on this issue that could be perceived negatively in Colorado, that will bounce off and reverberate to the other swing states.
Posted on 2/1/16 at 5:04 pm to High C
I live in Colorado and this year we voted to add $66 million dollars in pot tax to education. I grew up in Louisiana. They could use an extra $66 million in school funding.
Posted on 2/1/16 at 5:24 pm to Fun Bunch
quote:
We will be the 49th or 50th state to legalize, unless it is done federally.
It will absolutely be legalized federally before every state legalizes it. I wouldn't be suprised to see that happen before the 2020 presidential election. It only takes one state to rake in the dough, and the snowball effect is on ... exactly what is happening. Just too much money on the table
Posted on 2/1/16 at 5:46 pm to GreatLakesTiger24
quote:
Sweet. $5.4 billion out of the hands of the the Mexican cartels
it's not that much. Probably not even close.
Theres also an incentive/convenience for people to buy it when its legal, like hey wanna get some edibles for tonight vs I have to call my guy to see if he has any for the weekend
Posted on 2/1/16 at 6:18 pm to LSUwag
quote:
Tax the hell out of it.
No more than beer or cigs I hope?
Posted on 2/1/16 at 6:19 pm to BayouFann
quote:
Downside to this is that the cartels are now robbing and burglarizing dispensaries and owners in the US
If this is happening in WA I haven't heard about it. Sure, they get robbed, but it's mostly by the same local yokels that would rob a liquor store. A big issue is the fact that banks won't touch them so it's an all cash business.
Posted on 2/1/16 at 6:34 pm to LSU alum wannabe
We all know that it'll get taxed at least somewhat. I say the best first step is compromise. In order to facilitate federal legalization, you earmark all cannabis taxes for something like education. Eventually, you'd have a rather large coffer and the US would/could have the best schools in the world. Or maybe give it to NASA. Or, hell, have it be a direct pay down of the national debt. Or give it to the Pentagon to develop a new age of analysts.
There are a billion ways to sell it. I think most people see the writing is on the wall anyway, so they might as well get a guaranteed funding source for something that could really help the country in the long run. I couldn't imagine the massive improvement in education/schools that we could accomplish within 10 years. Hell - being a teacher would become a bad arse job (assuming that with this earmark, there would be noted increases in teaching salaries which surely plays against the war on women stigma).
There are a billion ways to sell it. I think most people see the writing is on the wall anyway, so they might as well get a guaranteed funding source for something that could really help the country in the long run. I couldn't imagine the massive improvement in education/schools that we could accomplish within 10 years. Hell - being a teacher would become a bad arse job (assuming that with this earmark, there would be noted increases in teaching salaries which surely plays against the war on women stigma).
Posted on 2/1/16 at 6:44 pm to Starchild
I listened to a Planet Money podcast about this that was fascinating. Many of these shops selling weed are having issues getting loans from banks and even opening accounts. The banks are scared the Feds will shut it down, and there aren't many assets to liquidize to get your investment back. These stores are having to keep tons of cash on-prem in vaults, and are therefore having to set up really elaborate security systems which isn't easy because they are a heavy cash business because of the no loan thing.
They compared a growing facility in Washington state vs across the line in BC and it was night and day as to the scale and sophistication of the Canadian facility compared to the US.
If the federal government ever legalized it the industry would obviously explode
They compared a growing facility in Washington state vs across the line in BC and it was night and day as to the scale and sophistication of the Canadian facility compared to the US.
If the federal government ever legalized it the industry would obviously explode
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