5815 replies to this topic

[spanky123]

This pretty much sums it up.

 

According to the author, illegal pot costs about $1 a gram to make and it currently sells for an average of $6.80. If legal pot is a minimum of $11 a gram (including tax) and is of far lower quality than the illegal stuff then we are about to see a very big bubble burst.

 

https://www.theglobe...ceit-of-potcom/

Edited by spanky123, 22 June 2018 - 09:23 AM.

[RFS]

I love getting high I believe I instructed you folks in a VV exclusive to buy WEED at around $12 now at $47.76 you can thank me by way of money.

I missed that one, can you give us another? 

[Matt R.]

Man, who are the big ballers rolling single gram joints?

Matt.

[todd]

Man, who are the big ballers rolling single gram joints?

Matt.

 

Salt Spring.

[DustMagnet]

This pretty much sums it up.

 

According to the author, illegal pot costs about $1 a gram to make and it currently sells for an average of $6.80. If legal pot is a minimum of $11 a gram (including tax) and is of far lower quality than the illegal stuff then we are about to see a very big bubble burst.

 

https://www.theglobe...ceit-of-potcom/

That article starts out with a major logical fallacy:
 

“The law is essentially unimportant,” he says. “That’s because the government has never had the slightest impact on either smokers or growers.”

 

Maybe not as a whole, but certainly as individuals it has had an impact.

 

The single biggest change this law will bring is that people may possess and consume marijuana without fear of arrest and a criminal record.

 

The supply side is something else.  Going up against a well established industry with an inferior product at higher prices is going to fail.  Some consumers will buy that product at that price simply because they don't want to be associated with criminal activity, but I think most consumers (who are already consumers, there's no glut of would-be smokers just waiting patiently for 50 years) will stay in the black market until a) the legal market improves product and lowers prices and/or b) the black market is squeezed out somehow.

The difficulty (for the government) is that possessing it and using it will not distinguish the source.  It's like filling a Smirnoff bottle with moonshine.  No one will look twice because alcohol is fine.

Previously you could hassle the user, track down the dealer, find the bigger fish, etc.  Now the user can just claim it's legit, got it at the government store.

Unless the cops are savvy - "Dude, that sh*t is way too fine to be legal."

[todd]

Maybe they can get some special reserve officers?

[DustMagnet]

Maybe they can get some special reserve officers?

You mean Special Reserve officers.  Officers dedicated to detecting artisan bud grown in small batches for a quality experience you just can't get from Big Mary*.

* "Big Mary" meaning large-scale commercial marijuana producers.  It also works as a double entendre, e.g. suggestive of a prostitute of large stature.

[Nparker]

..."Big Mary" meaning large-scale commercial marijuana producers.  It also works as a double entendre, e.g. suggestive of a prostitute of large stature.

I thought she was a contestant on Rupaul's Drag Race.

[DustMagnet]

I thought she was a contestant on Rupaul's Drag Race.

A winner no less.

[todd]

I hate to say it but I've actually got a friend who has tried marijuana he got a health canada prescription he has been very impressed with Emerald Health Botanicals and Tweed among others.

[PraiseKek]

So now that pot is legal how long before the whole medical charade is done away with?

[LJ]

This pretty much sums it up.

 

According to the author, illegal pot costs about $1 a gram to make and it currently sells for an average of $6.80. If legal pot is a minimum of $11 a gram (including tax) and is of far lower quality than the illegal stuff then we are about to see a very big bubble burst.

 

https://www.theglobe...ceit-of-potcom/

Why do we assume that legal pot will be an inferior product to illegal pot? 

By knowing it's provenance and THC content shouldn't it be a superior product with much less likelyhood of contamination with other drugs and toxins?

[todd]

^!CONSERVATIVE ALERT!^

- Image removed by admin. -

[Nparker]

Oh great I just had a seizure. 

[DustMagnet]

Why do we assume that legal pot will be an inferior product to illegal pot? 

By knowing it's provenance and THC content shouldn't it be a superior product with much less likelyhood of contamination with other drugs and toxins?

Probably looking at craft beer vs big brewery product as an example.  Same alcohol content, so same thing?  No.

[DustMagnet]

So now that pot is legal how long before the whole medical charade is done away with?

Well heroin is illegal and the medical community maintains the charade of morphine as a painkiller, so... never?

Just because people want to use it recreationally doesn't change the nature of the substance nor the medicinal effects.

[lanforod]

Probably looking at craft beer vs big brewery product as an example. Same alcohol content, so same thing? No.

Good example, except it's more like big brewery vs home brew at large scale. I suspect we will have good legal weed and mediocre legal weed just like beer. Pick your poison.

[todd]

Not saying anything but: https://www.tweedmai.../super-critical

[lanforod]

So now that pot is legal how long before the whole medical charade is done away with?

Firstly, it ain't legal till Oct 17. Secondly, they'll likely keep the medical pot system in place but make some changes I expect. Maybe it will become an OTC drug instead of prescription.

[todd]

Oh great I just had a seizure. 

Sorry about that, here: https://www.youtube....bed/oxrKyjeClTk