Posted on 06/13/2023 1:21:59 PM PDT by nickcarraway
If you can grow tomatoes....
It could be put in anyone’s backyard garden. Tomato plants are a good hiding place. They look a lot alike and just grow plenty of tomatoes. 2 for 1, feed your munchies a healthy snack.
Wonder why the article does not say anything about the “Cultivation Tax” being done away with in CA? The industry is not dying.
No. He’s got 100+ acres of his own land.
I never looked into how much the states get.
Was actually shocked to find out:
(Also, the IRS taxes all income earnings under US taxes, even though the marijuana they tax is all illegal under federal laws.)
States have collectively generated more than $15 billion in adult-use marijuana tax revenue from 2014 to 2022, a new report published on Monday by the Marijuana Policy Project (MPP) found.
But while legal states saw about $3.8 billion in cannabis tax dollars in 2022 alone, it represented the first time that revenue was lower than the prior year, which experts attribute to a “multitude of factors,” including COVID-related policies and trends.
Still, the fact that 2022 brought in almost $100 million less in tax revenue compared to 2021 is notable given that more states like New Jersey and New Mexico launched their recreational markets last year, which would presumably lend to higher tax yields.
States where cannabis legalization is newer did see higher levels of tax revenue, but six states with the most established markets have seen declines offsetting those gains.
Here are the 2022 state-by-state totals:
Alaska: $28,649,408
Arizona: $223,863,799
California: $1,074,560,287
Colorado: $305,034,034
Illinois: $562,119,019
Maine: $25,329,534
Massachusetts: $250,710,415
Michigan: $326,049,074
Montana: $41,989,466
Nevada: $196,952,338
New Jersey: $20,139,655
New Mexico: $36,684,235
Rhode Island: $579,439
Oregon: $150,316,424
Washington: $529,443,420
Vermont: $2,363,000
There’s definitely an arc that is traveled, after legalization. I’ve lived in Oregon most of my life. The process of decriminalization/legalization has been decades in the making, and was pretty gradual. Still, lots of open weed smoking right after legalization....seniors, rednecks...didn’t matter. Covid exacerbated things, with the homeless occupying a local park. Of late, I haven’t seen much open smoking in my area.
That, as well as unlimited illegals to create and work on illegal growing operations.
That’s roughly the same price for legal/recreational in AZ.
“... defend...”
No, defund. An example is in L.A., the closest major city next to the border, it was cut around $150 million.
wy69
“Nobody grows it outside unless they have a bunch of land where it’s easily hidden.”
There is a lot of land tod o this and it is used along with hiding it in other people’s crops of regular growth.
In California there is an area known as the Emerald Triangle due to its rich, beautiful, and rugged terrain, Northwestern California tops the list as a best place to grow weed. Likewise, this region boasts a temperate Mediterranean climate and steep mountains (similar to the Burgundy region of France, where fine wines are grown). State officials estimate that the Triangle annually produces 1.7 million pounds of cannabis. Overall, this area is a leader in outdoor farming.
https://asanarecovery.com/five-areas-in-the-united-states-that-are-ideal-for-growing-weed/
There may be enough indoors farmers to cover this, but that’s a lot of outdoor grass being produced. And as per the article, it’s one of the top 5 locations in the U.S.
wy69
But that was the plan all along, right.
Even someone without a business degree can see what is being done in that market.
You're allowing foreign competitors to undercut American businesses and preventing the banking industry from servicing their business.
I’ve heard recently that here in TN it is often illegally distributed via fast food drive-thrus. That’s easy to imagine.
When marijuana was legalized in CA, the medical marijuana people said they could no longer enforce it.
Just for the record, you want the U.S. banking industry to work for the cartels, and you think that will be better for U.S. citizens?
It was never about tax revenue. It was about turning California into a lawless hell hole.
Hi.
I really don’t know anything, but if the street price is lower than the government’s and the quality is better then the state of CA has a marketing problem.
8^)
5.56mm
Just for the record, you believe the U.S. banking industry isn't working with the cartels, and you think U.S. citizens are better with that?
Not that hard to figure out, is it.
People, they, it. You've said nothing. Empty words.
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