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MARIJUANA IN AMERICA: COLORADO POT RUSH
CNBC TV ^ | 26 Feb 2014 | Harry Smith

Posted on 02/26/2014 12:45:28 PM PST by shove_it

A legal Rocky Mountain high

Marijuana, still illegal under federal law, is now at the center of a thriving industry that’s attracting a new breed of entrepreneurs, as Colorado becomes the first state to allow the sale of pot for recreational use.

Colorado made history as the first state in the U.S. to legalize marijuana for recreational use. NBC News correspondent Harry Smith tells the story behind this stunning development, which has been called one of the great social experiments of the next century.

Premieres Wednesday, February 26th at 10p on CNBC TV

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Colorado
KEYWORDS: co; colorado; marijuana; pot
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To: GeronL

No doubt. With the offical Moochelle seal of approval. Let’s get moving and roll those joints!


21 posted on 02/26/2014 1:11:26 PM PST by JPX2011
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To: Balata

I’d be inclined to think that says something about the modern NFL fan, but that would be a broad generalization.


22 posted on 02/26/2014 1:12:23 PM PST by JPX2011
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To: Stevenc131

Next, they’ll say the drought is caused by all the pot growers using all the water, , , blah blah blah


23 posted on 02/26/2014 1:15:28 PM PST by ßuddaßudd
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To: shove_it

Great socialist experiment. Best of all dopes and medicated, mind-altered morons are euphoric from their substance of choice and are less likely to use their rational faculties to examine the manipulations and plunder by their pushers.

http://www.youtube.com/watch?v=GN6eTXA0VlI

Hey, where’s that blood test/breathalyzer to determine level of toxicity dude? MAPS - Mothers Against Pot Smokers?

FReedumb/Munchies/Putty-in-the-hands-of-Progressives/Zombie Apocalypse BUMP!


24 posted on 02/26/2014 1:17:19 PM PST by PGalt
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To: bassmaner
of the end of a 77-year old failed social experiment: federal prohibition of MJ.

Greater than a social experiment, is testing drug legalization as an economic experiment. One of the predictive outcomes of legalization is the MJ would drop in price and drive the legal trade out of business. It turns out, as many others predicted, that legal MJ would be taxed and regulated thus the price would not drop. Turns out in Colorado, this prediction is more than true. Legal MJ is ten time more expensive than illegal MJ. This is increasing illegal activily just as high cigarette tax causes bootlegging from other states and Canada.

I would also suspect that the illegal trade will start producing more potent MJ not allowed by the state. This will drive more to the illegal trade.

Bottom line, there is a personal liberty argument with drug use, but the idea that legalization will reduce crime does not fit the economic outcomes.

25 posted on 02/26/2014 1:22:22 PM PST by 11th Commandment ("THOSE WHO TIRE LOSE")
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To: 11th Commandment
Exactly, it's a new source of revenue for the politicians.

Just ask the Governor.

26 posted on 02/26/2014 1:26:49 PM PST by Balata (Obama is a Lying Fraud, and so are his followers!)
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To: greene66

You got it. America is hellbent on life in a sewer.


27 posted on 02/26/2014 1:29:53 PM PST by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: Balata

Wanna bet that they’ll find a way to spend it at twice the rate that it enters the tax coffers?


28 posted on 02/26/2014 1:29:56 PM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: shove_it

...so are people who are sitting in jail for possession of pot being set free yet?


29 posted on 02/26/2014 1:31:27 PM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: shove_it; All
FR: Study: Fatal Car Crashes by Marijuana Smokers up 300% over Last Decade

30 posted on 02/26/2014 1:35:51 PM PST by Amendment10
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To: 11th Commandment
If regulations are stupid and tax rates onerous, then I'm afraid you're probably correct.

Also, as long as there's questionable legality anywhere along the supply chain from the plant in the soil to end user, then uncertainty will be injected into any business decision surrounding it, which will undoubtedly drive up prices. My guess is that prices of legal weed will come down *if* a predictable state regulatory environment and a reasonable tax structure evolves, and the looming specter of fedgov interference is eliminated.

Alas, I see politics getting in the way and screwing any possibility of that happening, at least in the near term. And I doubt that federal prohibition laws will be repealed anytime soon, so that Damocletion (?) sword will remain dangling.

31 posted on 02/26/2014 1:37:22 PM PST by bassmaner (Hey commies: I am a white male, and I am guilty of NOTHING! Sell your 'white guilt' elsewhere.)
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To: tet68

I know a little more about this topic than most folks , and I tell you this : Weed is a bad things , it does not help your youthful mental development , in fact it leads to many problems that manifest later in life , including depression . It is a de-motivator , just when folks needs to be putting it in gear , they are kicking back. It causes your youthful decision making capacities to go askew . It is truly not worth the risks . There will always be a segment of people in the world that are inclined to just let themselves go to this substance , but it’s a mistake for any society to encourage it . It is but one more nail in America’s coffin . Marijuana does not foster ‘enlightenment ‘ rather egotism . It causes people to vote Liberal in an uninformed and careless manner . It is a a-patriotic causation . None of this is good . Leave it alone , put it down , don’t legalize it . Anywhere .


32 posted on 02/26/2014 1:43:46 PM PST by LeoWindhorse
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To: bassmaner
77-year old failed social experiment

That has stripped us of our Constitutional rights (No-Knock, Asset Forfeiture), a police force that abuses the people, widespread disrespect for law enforcement, astronomical prison costs and cops, politicians and drug dealers working together to protect the status quo.

While not a panacea, ending marijuana prohibition will be as beneficial to the society as ending alcohol prohibition.

33 posted on 02/26/2014 2:00:44 PM PST by Aevery_Freeman (Politics are just the rules - Power is the game!)
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To: Aevery_Freeman

and when that don’t work it will be cocaine and meth and then “why ban it for kids?”

and the spiral down the crapper continues


34 posted on 02/26/2014 2:01:53 PM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: LeoWindhorse
Weed is a bad things , it does not help your youthful mental development , in fact it leads to many problems that manifest later in life , including depression . It is a de-motivator , just when folks needs to be putting it in gear , they are kicking back. It causes your youthful decision making capacities to go askew .

Nobody is talking about legalizing it for kids, for the love of God. You're right about everything you say about marijuana's effects on kids, no doubt, but NOBODY is advocating that it be legal for CHILDREN. "Give the government the power to regulate a plant and put people in jail for smoking something in their own home. It's for the chiiiiiiildreeeeeeeen."
35 posted on 02/26/2014 2:07:57 PM PST by fr_freak
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To: LeoWindhorse

I wouldn’t have agreed with you thirty years ago,
but I do now.
Keep pot for the old people!


36 posted on 02/26/2014 2:09:40 PM PST by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Resolute Conservative

Today’s pot smells like across between a dead skunk that has been in the sun for three days and and elephant fart.


37 posted on 02/26/2014 2:10:50 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: GeronL
Just like it is with alcohol.

No one uses liquor responsibly, they sit around mainlining Everclear.

The people most upset about legal weed are drug pushers, cops and politicians.

Powerful forces keep drugs illegal for a variety of reasons: money, power and control.

38 posted on 02/26/2014 2:13:08 PM PST by Aevery_Freeman (Politics are just the rules - Power is the game!)
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To: Aevery_Freeman
The people most upset about legal weed are drug pushers, cops and politicians.

Because every "normal person" is pro-weed...

Libertopians are enemies of civilization

39 posted on 02/26/2014 2:18:58 PM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: Blood of Tyrants

I’m not exactly sure, but I read somewhere you can grow your own in small quantities...just don’t take my word for it, I read it on blog.


40 posted on 02/26/2014 2:26:59 PM PST by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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