Posted on 06/12/2016 6:39:48 PM PDT by EveningStar
Some have messy buns and sleeve tattoos. Some have salon cuts and $2,000 suits.
Some are joining blue-collar unions, getting health benefits as they grow and sell a plant they’ve long loved. Some say they never touch it, but they’re standing guard outside shops and fiercely lobbying legislators in Sacramento to ensure that others can.
As public support and legalization of cannabis spreads, those who’ve quietly worked in California’s medical marijuana industry are slowly emerging from the shadows. And professionals who never would have considered joining the industry a couple of years ago are leaving behind traditional careers in law, real estate and finance as they flock to what they see as the next big boom.
“The fastest-growing industry in America is marijuana, period,” said Jake Bhattacharya, who recently quit his information technology job to open a cannabis testing lab in Upland.
(Excerpt) Read more at ocregister.com ...
What does long-term smoking marijuana do to lungs? How would that not cause cancer\\\\\/
I know, isn’t that crazy. I have heard so many different
stories of why it was made illegal in the first place. I
am not sure which is true. If it was never made illegal in the first place, a lot of high school friends of mine, back then, would not have gone to jail.
Plus , I would not have to worry about my property taxes
going up because of pot farms raising real estate prices.
Long term smoking pot must be bad for your lungs.
I wonder when they will have to print on pkgs. like
cigs, smoking pot may be hazardous. You know the
the lawyers are on it already.
That is not to say I think it should be illegal. It just seems unwise to me.
You were referring to me???? I don’t care if they legalize it. I am worry about my property taxes. I thought it was
STUPID to make it a felony back then. You totally misunderstood me. Have you been smoking? : )
“Neighbors are in conflict here. My main concern is, I
don’t want my county to be the pot capital of CA. and
I don’t want real estate prices going crazy which in turn
will raise my property taxes.”
Don’t you know that your taxes are limited by the price you paid when you bought? Proposition 13, passed nearly 4 decades ago.
Thank God for Prop 13. Let’s hope the dems never get a chance to reverse that. Actually, w/o going into detail
I am concern about property values going up.
“I know someone involved in this ‘industry’.
The profit margins are out of this world.”
Electric cigarette margins are quite high too. You can make decent money off the electronics. If you make a decent juice, you can rake in money hand over fist.
All of that is going to go up in a cloud of smoke soon (pun intended) ... the Federales and States can’t live w/o cigarette taxes. The FDA is stepping in and regulating ECigs now. The most deadly way to ingest nicotine is still preferred by our Federal government (cigarettes) ... amazing. They need to act like they’re concerned before this lack of money flowing to Washington DC and state capitols takes an even higher hit. The only places that will be able to afford the manufacture of ECig juice are going to be the larger tobacco companies dabbling in this market. For whatever its worth, their current product is tasteless trash.
The same thing will happen to marijuana. Many are going to make some obscene profits early on w/o regulation. However, once demand hits critical mass, the State governments/Feds will want their piece of the action as it might impact alcohol sales or something similar. After our awesome governments are finished, you’ll have the “freedom of choice” from a few select companies more than happy to pay the taxes that are sure to bring those profits back down to Earth having wiped out all of the small businesses that provide a superior product. Of course, the bureaucrats be doing this because they care about our health.
While I am not a fan of marijuana, I have absolutely no problem legalizing it outright. Many people would grow their own. I’ve heard first hand from people getting laced stuff somewhat recently that really knocked them on their asses ... some have also gotten some very nauseous feelings after smoking that stuff ... I know pure stuff won’t do that to you. If people grow their own, they’re less likely to get garbage that is mixed with all sorts of chemicals. Of course, growing your own will be against the law ... you’re tapping into FedGov/StateGov revenue streams for the children when you do that. Rotten liars ...
Yeah, I predict the gdp of Colorado is going to drop like a stone.
Colorado has the 5th highest gdp and 4th lowest unemployment rate among the states.
Sounds like you live in Trinity County, Ca.
I have a twenty acre farm there; I grow Peaches, Pears, Prunes, Plums, Apples, and Cherries.
Also a pretty good sized vegetable garden with every vegetable you can think of.
4 well heads ( and all water and mineral rights, old patented mining claim) on the property (only use one for house and irrigation), 3 natural flowing springs, and the creek is about 40 feet from the house.
All my neighbors say I should grow pot; to big a pain in the ass in my opinion, plus there is still that little thing called Federal Asset Seizure.
I will just wait until some San Francisco idiot offers me about 2 million for the place then go to Idaho or Arizona.
That sh¡t stinks. I want to light people on fire who smoke that sh¡t within my smelling range.
For whatever reason, pot smoke smells like a literal mix of rancid fish and shit to me. And at two of the four stores I work in, every other customer is an unabashed pothead.....
Which county?
I disagree
The margins are frankly not much different than retail
Growing high caliber weed costs between 700-1500/lb to grow from outdoor to indoor in operations up to 99 plants per site which is fed statutory min man
Land buildings rent utilities veg plants or clone material and water and fertz etc
Hell it costs 100-200 per pound just to trim good unless you have a nice commercial trim machine....15,000 bucks
Then you sell to someone like Harbour Lights for 2000-2500 a pound
You can see it’s not like folks crow about
It’s even tighter margin in Michigan or Colorado where outdoor season is harder than the COW states
Now on the other hand
You can expand that and make oil products or edibles from trim and it helps
And Monsanto and Cargill can when they jump in.....and Cargill already has in Pueblo Colorado .....they can optimize economies of scale for huge grows with 1000s of LED lights and their cost point will go way down..
But....and I was just there....they can’t grow 1000 pounds a pull and maintain super high 18% plus THC quality level....not yet
A decent large grow of 20,000 watts with outdoor too in season should return cash on cash 25-40% and amortize
It’s nice but it ain’t Pablo Escobar
You can take the chance and drive it to Dallas or New York and double that but there is a marked downside
I ask for your expert opinion:
With the advent and increase of edibles and other products made from raw pot, will the importance of good looking, high quality pot decrease?
It seems to me that the emphasis on big sticky buds and the other visual aspects would hold less importance when people are no longer using the raw pot but rather eating it in gummies and brownies.
Thus, growing and harvesting sub par pot would still be commercially viable as it is not THE product but merely an ingredient in the final product.
Thoughts?
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