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Feds Predict Major Drop in Marijuana Prices
US DOJ ^ | Scott Morgan

Posted on 12/11/2007 4:38:15 PM PST by Sir Gawain

Feds Predict Major Drop in Marijuana Prices

Posted in Chronicle Blog by Scott Morgan on Mon, 11/12/2007 - 6:48pm

Unless you measure success by the number of people arrested, the failure of the war on marijuana is becoming more obvious than ever before. A new Department of Justice report, Drug Threat Assessment 2008, reveals that increased indoor cultivation is flooding the U.S. market with high quality marijuana. As a result, marijuana users may soon be getting more bud for their buck:

In the section, "Predictive Estimates," the report concludes:
• Increased cannabis cultivation may result in reduced marijuana prices.
The recent increases in cannabis cultivation and marijuana production within the United States coincide with the continued flow of marijuana from foreign sources, which may lead to market saturation [in] major markets. This saturation could reduce the price of the drug significantly. [CelebStoner.com]

That's good news for marijuana enthusiasts and bad news for anyone invested in trying to eradicate America's #1 cash crop. Ironically, drug warriors have often cited increased potency as evidence that marijuana is becoming more harmful. This is all nonsense, because users adjust their dose to achieve the desired effect, just as an alcohol user might drink a 12 ounce beer, but not 12 ounces of vodka (not to mention the lack of evidence that marijuana is harmful even in large doses). Nevertheless, the real story here is that marijuana eradication efforts are failing to affect price and supply.

What then is the point of spending billions in an unsuccessful attempt to eradicate this plant? What desirable outcomes are being achieved in exchange for the innocent lives disrupted or lost in the course of this fruitless crusade? Reasonable people can disagree about marijuana use, but who among us cannot think of better things for police to do than this?

Anyone who ever thought we might someday purge this plant from our borders can now be relieved of that foolish notion. Opponents of marijuana and its users must now take stock of the situation and ask whether the indefinite continuation of this endless cat and mouse game is desirable.

It is amusing, perhaps, to the marijuana fans among us to hear that the price of a ¼ bag could go down soon. But remember how much our nation has sacrificed in a hopeless effort to prevent this from happening. Remember how many of our friends and neighbors have been yanked off the streets, forced out of school or work, even lost custody of their children, all because of the stupid idea that we could successfully wage war on marijuana.

I don't begrudge any of you your cheap bags of good bud, but don't get too comfortable. The war on marijuana may have failed, but it still sucks.


TOPICS: Crime/Corruption; Culture/Society; Government
KEYWORDS: dope; huhwaitwhat; imhungry; leroysellingshort; marijuana; thankyougod; wod; wodlist
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Interesting report:

http://www.usdoj.gov/ndic/pubs25/25921/25921p.pdf

1 posted on 12/11/2007 4:38:16 PM PST by Sir Gawain
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To: Sir Gawain

Go short on pot futures!


2 posted on 12/11/2007 4:39:08 PM PST by festus (Fred Thompson '08)
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To: AAABEST; Uncle Bill; billbears; Fiddlstix; fporretto; Free Vulcan; Liberty Teeth; Loopy; ...

-


3 posted on 12/11/2007 4:39:51 PM PST by Sir Gawain
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To: Sir Gawain
increased indoor cultivation is flooding the U.S. market with high quality marijuana.

It's those CFL bulbs!! I knew those hippie envirowhackos had a sinister reason to promote those things.

4 posted on 12/11/2007 4:40:49 PM PST by ovrtaxt (THOMPSON NEEDS TO CLARIFY HIS POSITION ON THE SPP BEFORE I SUPPORT HIM.)
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To: Sir Gawain

bummers man....lol.


5 posted on 12/11/2007 4:42:13 PM PST by lexington minuteman 1775
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To: Sir Gawain
Indoor grow ops are a multi-billion dollar business here in BC — bigger than forestry, some say.
6 posted on 12/11/2007 4:43:12 PM PST by USFRIENDINVICTORIA
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To: lexington minuteman 1775

It was $30 an ounce when I was young.


7 posted on 12/11/2007 4:43:23 PM PST by rodguy911 (Support The New media, Ticket the Drive-bys, --America-The land of the Free because of the Brave-)
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To: Sir Gawain
Let's see:

1. There is a subprime mortgage crisis which is leading to a record number of foreclosures.
2. You can make a lot of money growing pot in an abandoned home.

If the Feds turn their gaze away from indoor pot growers for a few years, maybe there is a cure for the mortgage meltdown!

8 posted on 12/11/2007 4:43:47 PM PST by who_would_fardels_bear
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To: rodguy911

But that all depended on who you knew.


9 posted on 12/11/2007 4:44:59 PM PST by ovrtaxt (THOMPSON NEEDS TO CLARIFY HIS POSITION ON THE SPP BEFORE I SUPPORT HIM.)
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To: Sir Gawain

I suppose it is a good time to drop pot prices. A doped up, ignorant populace, doesn’t give a rats ass what is going on around them.

Just keep giving them cheap dope and they are like putty in your hands.

Kewl.


10 posted on 12/11/2007 4:45:29 PM PST by dforest (Duncan Hunter is the best hope we have on both fronts.)
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To: Sir Gawain

Only if we don’t eliminate demand by locking up all the users.


11 posted on 12/11/2007 4:46:09 PM PST by DemEater
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To: indylindy

If Hill is the next president I may get doped up for the time she is in office.


12 posted on 12/11/2007 4:48:12 PM PST by cajungirl
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To: Sir Gawain

If there is so much secret illegal pot growing that the price goes down, what good is legalization? The growers won’t volunteer to pay taxes that are sure to be as high as those on liquor. The illegal pot growers will go on like moonshiners.


13 posted on 12/11/2007 4:48:30 PM PST by Anti-Bubba182
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To: festus

Well shoot what have I been missing?


14 posted on 12/11/2007 4:48:31 PM PST by boomop1 (there you go again)
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To: rodguy911

Dang just how old are you? ...just kidding...


15 posted on 12/11/2007 4:49:20 PM PST by donnab (saving liberal brains...one moron at a time.)
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To: cajungirl

Yeah, I know. There will probably the most “doped up” conservative population known to man.

Just pass me one! LOL


16 posted on 12/11/2007 4:50:18 PM PST by dforest (Duncan Hunter is the best hope we have on both fronts.)
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To: festus
I just got my Medicare card effective 01 2008, Maybe I need some medicinal pot, (never tried it) too old now.
17 posted on 12/11/2007 4:50:55 PM PST by boomop1 (there you go again)
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To: who_would_fardels_bear

Don’t laugh. I know of two situations where investors have walked in on operations in foreclosed homes....


18 posted on 12/11/2007 4:51:12 PM PST by colinhester
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To: rodguy911

It was 10 dollars for a 4 finger bag when I was a teen.


19 posted on 12/11/2007 4:51:20 PM PST by winodog ( It really is all about the benjamins)
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To: Sir Gawain

>.<


20 posted on 12/11/2007 4:51:26 PM PST by Danae (Anail nathrach, orth' bhais's bethad, do chel denmha (Smoke clears and Fred Thompson is President))
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