[Freedom_Is_Not_Free]

I’ll pass on the subject of legalization. Lets talk money.

Pot is a $14 billion industry because it is illegal. Pot prices are based on black market prices. Legalize pot, and the street price falls to 5 cents on the dollar, because seriously, how much does it cost for seeds, water and fertilizer. The cost of pot is no more than the cost to grow tobacco.

So legalize pot and the $14 billion industry goes to a street price of $700 million. Taxes on that will bring in MAYBE $150 million, if they hit it really hard.

Idiots. They have absolutely no capacity to analyze.

This doesn’t include any money they would have to spend to regulate this new industry. Are they using banned chemicals? Are they growing pot near endangered species. Do cartons of pot have all the requisite pregnancy warning labels, addiction, cancer, etc.

Idiots. Clueless bloody idiots. Drill for oil off the coast and they would flood their coffers.

[SwankyC]

To say it'll just fall to .5 cents on the dollar completely ignores the demand side of the equation - not to mention that assertion flies in the face of the perfect example, repeal of prohibition. You're wrong.

I'm inclined to believe that those that dont currently use it based SOLELY on the laws just MIGHT be inclined to give it a shot.

I wont call YOU an idiot though.