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California offers $100 million to rescue its struggling legal marijuana industry


Mac
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I think that’s just more proof that legalization isn’t the answer to everyone’s problems. New Mexico just passed legalization and everyone thinks it’s just gonna start raining money. We can’t even get it to rain water. 

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Just now, Rorschach said:

I think that’s just more proof that legalization isn’t the answer to everyone’s problems. New Mexico just passed legalization and everyone thinks it’s just gonna start raining money. We can’t even get it to rain water. 

Because they over regulated and over taxed it...just like what CA does to everything they get their hands on.

Colorado doesn't regulate much, and doesn't over tax it and they make profits.

 

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Went to a dispensary before my trip and it just been shut down (they ALL seem to get shut down), some dude was passing out fliers for delivery (likely not the same outfit) and it worked fine…. Came to my house, paid cash. 
 

I HIGHLY doubt it was legal.

abc

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1 minute ago, Mac said:

Because they over regulated and over taxed it...just like what CA does to everything they get their hands on.

Colorado doesn't regulate much, and doesn't over tax it and they make profits.

 

That’s the only motivation for a state to legalize. They think of it as another way to get into people’s pockets 

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@ least they are doing something..............  these folks got money for getting poked.........

https://apnews.com/article/california-coronavirus-pandemic-health-government-and-politics-9acf368045979d04f15f058f3c3c5654

 

 

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My sister lives in Denver. What’s happening there is maybe due to lower taxes and less regulation on it is different but they’re pricing the middle class out of everything. The poor have now become poorer due to rising costs and many have now become homeless. The middle class is now where the poverty class was. So you’re either wealthy enough to pay the increases or you simply have nothing. Legalization literally solves zero problems but creates many. 

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This surprises me!  I have friends in the legal cannabis industry and they're doing very well.  It seems the only thing that is struggling is the process (state regulations) and that's what needs to change.  Instead Cali just throws money at the problem. 

On the flip side...  maybe those businesses don't have their $h!t together and shouldn't be legalized.   

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Until the the Feds make it legal, it will continue to be a cash business.  Cash businesses don't pay much in taxes.  The Feds need to legalize it so the banks can accept the money and it is insured through FIDC ( I could be off a bit on the details, but this is what my mom's uncle's cousin's grandmother told me)

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2 hours ago, Bobalos said:

@ least they are doing something..............  these folks got money for getting poked.........

https://apnews.com/article/california-coronavirus-pandemic-health-government-and-politics-9acf368045979d04f15f058f3c3c5654

 

 

1 in 17 million chance of winning.  Better odds than the lottery . . .

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Imagine how many billions of "covid relief" went to buying drugs.

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I don’t smoke…anything.  Never have.

That said, I have friends that are subject matter experts and after extensive research it would cost ~$500k to get started in CA.

It’s not legal in TN but you bet your ass I’m jumping on the bandwagon if it ever is.

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13 hours ago, TheLatinLover said:

I don’t smoke…anything.  Never have.

That said, I have friends that are subject matter experts and after extensive research it would cost ~$500k to get started in CA.

It’s not legal in TN but you bet your ass I’m jumping on the bandwagon if it ever is.

You start taking Banjo lessons yet?

deliverance GIF

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Researchers testing if weed can ease lobsters pain they feel when getting cooked

 

 

https://nypost.com/2021/06/10/lobsters-doused-with-pot-smoke-to-test-pain-during-cooking/

 

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I dunno, my sister owns the Feed Barn on Newport Blvd in Costa Mesa, she's been approached a few times to lease her building to put in a dispensary. I guess they'll change the name to the WEED BARN 

feedbarn.jpg

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How can selling WEED have issues? Peace

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21 minutes ago, ChEFF said:

How can selling WEED have issues? Peace

Well if you hire

smokey GIF

 

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On 6/16/2021 at 2:05 PM, Rorschach said:

My sister lives in Denver. What’s happening there is maybe due to lower taxes and less regulation on it is different but they’re pricing the middle class out of everything. The poor have now become poorer due to rising costs and many have now become homeless. The middle class is now where the poverty class was. So you’re either wealthy enough to pay the increases or you simply have nothing. Legalization literally solves zero problems but creates many. 

Colorado is the NEW California. My brother has been there for 16 years and it is awfully BLUE. You either live well or struggle , just like California.

 

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On 6/16/2021 at 3:24 PM, Cookie said:

Until the the Feds make it legal, it will continue to be a cash business.  Cash businesses don't pay much in taxes.  The Feds need to legalize it so the banks can accept the money and it is insured through FIDC ( I could be off a bit on the details, but this is what my mom's uncle's cousin's grandmother told me)

Exactly, Cash business is easy to pocket profits and something like  pot makes it even easier to have a skim set up by every employee and employer.

 

 

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4 hours ago, MWB said:

Exactly, Cash business is easy to pocket profits and something like  pot makes it even easier to have a skim set up by every employee and employer.

 

 

That’s what drug dealers do, right? No honor amongst thieves. 

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I think where most people get confused is they think legalization somehow makes more money. It’s still the same money coming from the same citizens. It’s just a redistribution of money that was already there. But now there’s just more of it be “redistributed” to further an already corrupted government. 

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