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Old 05-31-2008, 02:39 AM
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Default The Next Big Thing: POT

Quote:
Legitimizing Marijuana
By DAN MITCHELL
Published: May 31, 2008

JANE WELLS of CNBC keeps a blog called Funny Business, but her recent reports on California’s medical marijuana industry are about a business that is increasingly being taken seriously. They amount to a short primer on how the business works and how the operators of the state’s estimated 500 dispensaries deal with the high risks and high costs of working in a legal gray area (cnbc.com).
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Alex Eben Meyer

Medical marijuana is legal in California, but federal law still bans sales. Amid the uncertainty that this creates — including the occasional raid by federal agents — a full-fledged industry has blossomed, taking in about $2 billion a year and generating $100 million in state sales taxes, CNBC reported.

Setting up a clinic “can cost as much as a hundred grand,” Ms. Wells reports. The equipment, the cuttings from which plants are grown and office space all tend to be expensive. And from there, the costs only grow, mostly in the form of legal fees. Many clinics keep lawyers on retainer.

Nonetheless, “this is the business model of the future,” says JoAnna La Force of Farmacy, an herbal remedy shop in Southern California. Ms. LaForce says her business is close to breaking even (medicalmarijuanafarmacy.com).

A slew of ancillary businesses has grown up around medical marijuana. Bill Britt, identified on the Web site as a patient, has found a new career as an expert witness in cases brought against dispensaries and patients, earning $250 to $350 a case.

He gained his expert knowledge by attending Oaksterdam University, a trade school in Oakland, Calif. At Oaksterdam (oaksterdamuniversity.com), students learn everything from “The Politics of Cannabis” to botany to business operations.

Getting into the quasi-legitimate marijuana business is a challenge, says Jeff Jones, chancellor of Oaksterdam’s Los Angeles campus. But, he adds, “The investment is well worth it, except for the federal risk.”
-- http://www.nytimes.com/2008/05/31/te.../31online.html

So, even with the Bush administration trying to implement Soviet style command economy in California, et at, it seems the local officials are helping the black market grow enough to be collecting a $100M in tax revenue.

All the more reason I want NH to start selling pot along with booze in the State Liquor store conveniently located for each access to people from out of state.

And job opportunities for pot growers would be a boost for the economy.
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Old 05-31-2008, 02:49 AM
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Quote:
Originally Posted by mulp View Post
-- http://www.nytimes.com/2008/05/31/te.../31online.html

So, even with the Bush administration trying to implement Soviet style command economy in California, et at, it seems the local officials are helping the black market grow enough to be collecting a $100M in tax revenue.

All the more reason I want NH to start selling pot along with booze in the State Liquor store conveniently located for each access to people from out of state.

And job opportunities for pot growers would be a boost for the economy.
There is actually a big graft problem in CA with the 'medical pot' thing. Either it should be totally legal or totally not. At this point I am not sure I care either way as long as it is not a burden on the economy and law enforcement.
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Old 05-31-2008, 03:01 AM
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Quote:
Originally Posted by mulp View Post
-- http://www.nytimes.com/2008/05/31/te.../31online.html

So, even with the Bush administration trying to implement Soviet style command economy in California, et at, it seems the local officials are helping the black market grow enough to be collecting a $100M in tax revenue.

All the more reason I want NH to start selling pot along with booze in the State Liquor store conveniently located for each access to people from out of state.

And job opportunities for pot growers would be a boost for the economy.
Well it was a cash crop before Dupont Chemicals lobbied the US Gov to make it illegal for farmers to grow, forcing them to grow cotton, with the new pesticides developed by Dupont.
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Old 05-31-2008, 09:24 AM
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I don't go out of my way to get pot but I enjoy an occasional smoke.

I can get it from a friend and when I do I usually get a half ounce for $70...this isn't for anything that will get you too stoned but it will give you a nice buzz.

A while back a friend of mine from California gave me a small bud and it was some pretty good shit...not like some good $600 an ounce Humboldt home grown or anything like that but pretty good...better than the $140 an ounce stuff I get that comes from Mexico.

Anyway, she told me that it comes in all varieties and comes in regular pill bottles just like any other prescription, and that she could get me more for $35 per.

I figured, heck yeah, why not, get me a couple.

After a period of time, she did.

The stuff she got was not as good as the stuff she had given me, in fact, it wasn't much better if at all than the stuff I get locally.

What did the $35 get me?

A gram...enough to smoke up in about 2 days because it wasn't all that strong.

Figure it out folks...28 grams per ounce at $35 per equals $980 per ounce for mediocre smoke.

I call that a ripoff when I can get some good one hit shit for $600 and ounce.
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Old 05-31-2008, 10:28 AM
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Prohibition is just stupid. Another colossal waste of resources.

Make it legal in a fashion similar to alcohol or tobacco
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Old 05-31-2008, 12:23 PM
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Insanity: doing the same thing over and over again and expecting different results - Albert Einstein.

After the gigantic failure of the Alcohol prohibition, what do they go and do? They prohibit "drugs"..
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Old 05-31-2008, 01:31 PM
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Quote:
Originally Posted by mulp View Post
-- http://www.nytimes.com/2008/05/31/te.../31online.html

So, even with the Bush administration trying to implement Soviet style command economy in California, et at, it seems the local officials are helping the black market grow enough to be collecting a $100M in tax revenue.

All the more reason I want NH to start selling pot along with booze in the State Liquor store conveniently located for each access to people from out of state.

And job opportunities for pot growers would be a boost for the economy.
well, it isn't the black market. mostly cops are cool, they work for the state. however, sometimes a few cops make crazy asshole busts...
personally, i love the clubs, the amount of amazing pot is incomparable, there is no where in the world with more or better weed.
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Old 05-31-2008, 01:34 PM
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Originally Posted by wibblyesq View Post
Insanity: doing the same thing over and over again and expecting different results - Albert Einstein.

After the gigantic failure of the Alcohol prohibition, what do they go and do? They prohibit "drugs"..
Actually, drugs were prohibited first, then alcohol.

It just goes to show that if you think that the laws that hit the minorities that you don't like (or even a majority that you don't like) and so its an ok law even if its contrary to your state principles, you leave yourself open to having things you care about hit on the same basis as you let the laws targetting minorities get hit.

The British turned the Chinese into opium addicts, fighting a war with China and in the process ending up with that 99 year lease on Hong Kong, so that British corporations had a base to sell opium into China.

Then when Chinamen in the US who were opium addict were the target of persecution and exclusion, the people that seemed to be the only opium users were the Chinamen so making use of opium a crime was perfect. (And the prosecution of the white people who used opiates was very selection, hitting only those that the politicians saw as enemies.

The same thing happened with pot.

And after the white man had figured out how to process coca for industrial purposes (drugs, patent medicine, and Coca Cola) then what had been a widely used mild stimulant became a high potency stimulant that poor minority artists used, that became a perfect vehicle for persecuting them.

After those steps were taken, prohibiting alcohol was the easy next step. It was like the camel coming completely into the tent after its nose was allowed in with opium, pot, coca, and ripping up the tent.
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Old 05-31-2008, 01:36 PM
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Quote:
Originally Posted by areyoushittin'me? View Post
I don't go out of my way to get pot but I enjoy an occasional smoke.

I can get it from a friend and when I do I usually get a half ounce for $70...this isn't for anything that will get you too stoned but it will give you a nice buzz.

A while back a friend of mine from California gave me a small bud and it was some pretty good shit...not like some good $600 an ounce Humboldt home grown or anything like that but pretty good...better than the $140 an ounce stuff I get that comes from Mexico.

Anyway, she told me that it comes in all varieties and comes in regular pill bottles just like any other prescription, and that she could get me more for $35 per.

I figured, heck yeah, why not, get me a couple.

After a period of time, she did.

The stuff she got was not as good as the stuff she had given me, in fact, it wasn't much better if at all than the stuff I get locally.

What did the $35 get me?

A gram...enough to smoke up in about 2 days because it wasn't all that strong.

Figure it out folks...28 grams per ounce at $35 per equals $980 per ounce for mediocre smoke.

I call that a ripoff when I can get some good one hit shit for $600 and ounce.

clearly you're just being ripped off. In los angeles I pay $20 for a gram at the MOST, and most often only $15 for top quality kush. For an ounce, of good high grade kush, its $350. If you're ever paying more than $400, you're being ripped off, at that price you should be able to score some OG or some bubba or any pure indica no problem. also there isnt anything anywhere in the world you cant find in LA for cheaper, including Colorado.
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Old 05-31-2008, 01:45 PM
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I call that a ripoff when I can get some good one hit shit for $600 and ounce.
>>>That 'one hit shit' got to be too much for me. Forced me into lighter stuff like Blueflake. Blueflake and Jack Daniels are about the only things Bush and I agree on.
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