Posted on 11/05/2017 7:37:00 PM PST by BenLurkin
That’s a lot of baby arms....
Good trellis work
I don’t see how that changes anything. You complained, I responded. The OP says “sticker shock” and shows prices going up steeply. I didn’t need my MBA degree to know that when prices go up, people look for alternatives. When they find those alternatives, the original “revenue streams” decrease.
So back to my original point. You claim that they’ll just buy it in the black market for cheap and legalization will be a cover for black market sales. So how do you explain the hundreds of millions in tax revenues that CO and WA are pulling in a year on sales in the billions?
That’s a big chunk of the market.
So back to my point that we haven’t seen the full impact yet. The OP says in 2018, taxes will raise the price from $35 to $55-$60. In 2018 we’ll see the black market boom as people want to keep their pot budget closer to the $35 dollar range. Basic law of supply and demand, particularly as high school and college students have limitations and habits. Basic market pressures in play here.
Here’s an article saying that the new taxes will be used to crack down on illegal pot growers in Colorado (i.e., the black market).
“A measure signed into law by Gov. John Hickenlooper sets aside nearly $6 million a year in Colorado marijuana tax revenue to reimburse police for investigating black-market marijuana activity that authorities say has increased since the state legalized recreational marijuana in 2012.”
https://www.usnews.com/news/business/articles/2017-06-08/colorado-marijuana-market-funds-busts-of-illegal-growers
The article indicates that the black market is hard to address because illegal growers wishing to market to out of state sales set up massive growing operations in rural areas that lack sufficient funds to police them. Those operations aren’t exactly going to dry up once the price jumps up.
On not in favor of legalization, but raising taxes, then using the tax money for enforcement, etc., just seems like they’re chasing their tails.
Yeah it seems like circular reasoning to me. :)
Finally, a tax liberals can hate
I’m reminded of the time Johnny Carson asked George Carlin something to the effect of “what can be done about the drug problem?” George responded “bring the price down”
Exactly!
A Guy told me that...
My Sister’s friends.
Yes ..thats the ticket.
Morgan Fairchild.
Yes.
Yeah we didn’t even weigh it.
“Har de har har. The irony is delicious.”
Government is a racket that would make Capone blush.
L
At which point, the state will sic the feds on them.
In San Diego back in the summer of 1968, we bought a kilo of run of the mill Mexican for $12.00 US delivered to our apartment. Could have gotten it for $8.00 in Tijuana. There were lots of seeds and sticks, but come on, man.
According to drug enforcement - no vested interest there, right? - and contrary to several other studies.
Thank you for digging that up. WHenever I look I have to wade hip deep through the distorted “studies” bought and paid for by the massive pot lobby. But when I post stuff like that, the pot heads flat out don’t care. Pot’s negative effects on motivation, memory and learning are well documented but pot heads don’t care. They change the subject and go on their merry ways. Marijuana must flatline empathy as it creates emotional dependence; that must be it.
ROTFLMAO!
Wow! I’m RIGHT! Pot shrinks the part of the brain that handles empathy!
“The scans revealed that smoking cannabis every day was associated with shrinkage in the orbitofrontal cortex (OFC) region of the brain, which is involved in mental processing and decision making.
It also influences responses to rewards and adversity, and is strongly linked to empathy – the ability to sense other people’s feelings.
Neuroscientists believe damage to the orbitofrontal cortex may underpin some forms of psychopathy.”
That explains why the pro pot lobby just doesn’t care about anything but getting access to it.
You're the one who can't seem to sense the feelings of drug enforcement agents confronted with a potential reduction of their sphere of authority and their budget.
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