One year of legal pot sales and California doesn’t have the bustling industry it expected.

LA Times ^ | December 27th, 2018 | By PATRICK MCGREEVY

[ZOOKER]

Street pot is too available in CA, why go to a legal shop for twice the price?

[Zhang Fei]

[When multiplied by even 10 million adults, it’s much, much bigger.

6 plants to maturity, outdoors in the ground will produce no less than 25lbs of trimmed buds.]

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So they assign their pot cultivation rights to various farms?

[SkyDancer]

And they probably spent the tax money they were hoping to realize from sales.

[Mariner]

“And they probably spent the tax money they were hoping to realize from sales.”

Absolutely, several times over.

But for some reason the state still has a massive surplus.

[Zhang Fei]

These people are nuts. It would be a lot simpler to just have people grow however much pot they want, and pay taxes on the profits from the sale of those plants. But this being California ...

[Don W]

According to my associates that indulge, around here the going rate seems to be around $10/gram.

[Mariner]

No.

They just grow it. By the millions.

I’m surprised you can’t smell it...wherever you reside.

[Zhang Fei]

[But for some reason the state still has a massive surplus.]

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Cap gains taxes from Internet Bubble 2.0. When that bursts, California tax collectors will be looking into the abyss.

[discostu]

Colorado has the 6 plant law too. Hasn’t impeded them any. Spawned a bit of a cottage industry for non-pot roommates, gives a house more people so you can grow more plants. Sounds like the licensing and city regs are what got in the way.

[Mariner]

That’s the black market rate in CA.

Retail is $15/gr for low to mid grade.

[Reily]

Hard to bustle when you’re stoned!

[Mariner]

There’s two pot stores within walking distance of my house, and THREE converted warehouses for growers.

The parking lots at the stores are almost always empty when I go by.

[newfreep]

“Towelie” writes a book...and fooled Oprah is one of my favorite SP episodes.

[Zhang Fei]

[No.

They just grow it. By the millions.]

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Inefficient does not begin to describe this process. How do you even ensure quality control? What if some “farmer” grew his crop on the equivalent of a Superfund site, while using banned pesticides to keep the bugs at bay?

[MeganC]

But is it Kosher Marijuana?

Happy New Year, Tom!

[Mariner]

“What if some “farmer” grew his crop on the equivalent of a Superfund site, while using banned pesticides to keep the bugs at bay?”

If I were a pot smoker I would care.

It seems the state is trying to regulate that for the commercial growers, forcing every batch to be independently tested.

But the legal market is only about 10% of what’s produced.

[W.]

Back in the mid-80’s, Oz’s of hydroponic skunk were $100. Two hit shit. Lasted a while!

[mass55th]

Maybe they should offer free pot to homeless and pot junkies in exchange for them picking up human feces, and garbage from the sidewalk. That way they could get rid of the pooper scoopers they pay a salary to, and save money. Won’t have to pay them work benefits, since the benefit would be the free pot.

[colorado tanker]

This could be a first. California taxes and regulates a new industry to death before it even gets off the ground!

[Zhang Fei]

[It seems the state is trying to regulate that for the commercial growers, forcing every batch to be independently tested.]

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So commercial growers can grow whatever they want, but individuals are limited to 6 plants? That makes a lot more sense.