Pot legal - sky not falling
- Thread starter Hoid
- Start date
There is a real problem with the roll out - no pun intended.
There are way too few places set up and running and those that are are sold out all the time.
Some cities won't be allowing pot stores to operate within their borders. Whitby City Council just recently voted to prohibit weed shops. I think Ajax did the same.
On the flip side, I just knew the govt would get greedy with it. I sent the (then) Liberal govt of Ontario a detailed plan on how they could price weed and tax at it 5X the rate of tobacco and still bring in prices well below current street value and while generating positive revenue from the sales. Unfortunately they ignored the idea and decided to set up their cronies instead. Ford didn't listen either.
Here's the math. A gram of weed costs about the same amount to produce as a single king size cigarette. Using the price point for cigarettes before all the taxes, as mentioned above the govt could then tax pot at 5X the rate of tobacco which would put prices at $100/oz or less. Current street prices in my city range from $240-$320/oz. That's about the same prices that The OCS is charging for half decent shit. And that's assuming OCS has the stock to fill your order by the time they actually get around to filling it.
On the flip side, I just knew the govt would get greedy with it. I sent the (then) Liberal govt of Ontario a detailed plan on how they could price weed and tax at it 5X the rate of tobacco and still bring in prices well below current street value and while generating positive revenue from the sales. Unfortunately they ignored the idea and decided to set up their cronies instead. Ford didn't listen either.
Here's the math. A gram of weed costs about the same amount to produce as a single king size cigarette. Using the price point for cigarettes before all the taxes, as mentioned above the govt could then tax pot at 5X the rate of tobacco which would put prices at $100/oz or less. Current street prices in my city range from $240-$320/oz. That's about the same prices that The OCS is charging for half decent shit. And that's assuming OCS has the stock to fill your order by the time they actually get around to filling it.
Dont bet on it. The Nevada government once owned a brothel that they managed to make lose money.
Wow street prices for pot out hear in lalaland have dropped to about a hundred an ounce .
$240-$320 an oz? Holy f-ck. It's $150 on the high end in Regina.
Want to make some cash?
That's not the good stuff-there's always been ordinary weed around it's good enough for most people but you need connections to find something that puts you on your ass.
Well he accomplished the first one. We're still waiting on the second.......and waiting....
Consider the “Iron Law”
The "iron law" doesn't mean that without prohibition, the stronger versions wouldn't exist. The law implies that under prohibition, the stronger versions will dominate the market, whereas without prohibition a greater range of options will be available, and many consumers will choose the weaker versions because that's what they prefer.
This is very clear with alcohol. There have always been high-strength spirits, but in most countries where alcohol is legally available, wine and beer are more widely drunk than spirits. Many people find them more suitable for socializing, drinking with meals, etc. In Saudi Arabia, beer is hard to find because it's difficult to smuggle in the required quantities. Smugglers bring in whiskey and vodka because, in terms of alcohol content, 1 bottle = a whole case of beer, or about 6 bottles of wine. So that's all that's available to most Saudi drinkers.
With opiates, before prohibition, opium, morphine and heroin were all on sale in the pharmacy. Opium was by far the most popular with recreational users, because most people prefer something milder that isn't just going to put them straight to sleep. After prohibition, heroin quickly came to dominate the illicit markets because in terms of potency, 1g of heroin = 3g of morphine = 30g of opium. So today, most opiate users in the UK only ever use heroin, because nothing else is available (it's a bit different in the US because morphine and oxycodone are prescribed much more freely there, and prescribed drugs leak onto the illicit market). In the last few years, fentanyl has become very popular with drug dealers, because 1g fentanyl = 50g heroin. It's increasingly dominating the marketplace because drug dealers find it easier to smuggle, even though most users prefer heroin. Even more alarmingly, some dealers are using carfentanil, 1g of which = approx. 3000kg of heroin. The more the fentanyls dominate the marketplace, the more users die because they're very difficult to dose accurately.
Perhaps the best way to answer your question is to look at the process in reverse: what happens when a prohibited drug is legalized? During alcohol prohibition in the USA, the market was much like Saudi today: lots of whiskey but not much else. After prohibition, the market looked much like that in any other western country: wine and beer are the most popular drinks. Now that cannabis is being legalized in an increasing number of states, you can see the same phenomenon. Legal cannabis dispensaries sell a whole range of types, and many consumers choose weaker variants because they don't want to get so stoned they can't stand up. There is even a lot of demand for cannabis that's barely psychoactive at all, but which helps with various medical problems. These are the high CBD strains with a THC/CBD ratio of around 1/10 (the higher this ratio, the stronger the cannabis - skunk has a ratio of around 20/1 or something like that). Before legalization, there was much less choice and stronger strains dominated.
The "iron law" doesn't mean that without prohibition, the stronger versions wouldn't exist. The law implies that under prohibition, the stronger versions will dominate the market, whereas without prohibition a greater range of options will be available, and many consumers will choose the weaker versions because that's what they prefer.
This is very clear with alcohol. There have always been high-strength spirits, but in most countries where alcohol is legally available, wine and beer are more widely drunk than spirits. Many people find them more suitable for socializing, drinking with meals, etc. In Saudi Arabia, beer is hard to find because it's difficult to smuggle in the required quantities. Smugglers bring in whiskey and vodka because, in terms of alcohol content, 1 bottle = a whole case of beer, or about 6 bottles of wine. So that's all that's available to most Saudi drinkers.
With opiates, before prohibition, opium, morphine and heroin were all on sale in the pharmacy. Opium was by far the most popular with recreational users, because most people prefer something milder that isn't just going to put them straight to sleep. After prohibition, heroin quickly came to dominate the illicit markets because in terms of potency, 1g of heroin = 3g of morphine = 30g of opium. So today, most opiate users in the UK only ever use heroin, because nothing else is available (it's a bit different in the US because morphine and oxycodone are prescribed much more freely there, and prescribed drugs leak onto the illicit market). In the last few years, fentanyl has become very popular with drug dealers, because 1g fentanyl = 50g heroin. It's increasingly dominating the marketplace because drug dealers find it easier to smuggle, even though most users prefer heroin. Even more alarmingly, some dealers are using carfentanil, 1g of which = approx. 3000kg of heroin. The more the fentanyls dominate the marketplace, the more users die because they're very difficult to dose accurately.
Perhaps the best way to answer your question is to look at the process in reverse: what happens when a prohibited drug is legalized? During alcohol prohibition in the USA, the market was much like Saudi today: lots of whiskey but not much else. After prohibition, the market looked much like that in any other western country: wine and beer are the most popular drinks. Now that cannabis is being legalized in an increasing number of states, you can see the same phenomenon. Legal cannabis dispensaries sell a whole range of types, and many consumers choose weaker variants because they don't want to get so stoned they can't stand up. There is even a lot of demand for cannabis that's barely psychoactive at all, but which helps with various medical problems. These are the high CBD strains with a THC/CBD ratio of around 1/10 (the higher this ratio, the stronger the cannabis - skunk has a ratio of around 20/1 or something like that). Before legalization, there was much less choice and stronger strains dominated.
For medicinal use CBN is king and is more than likely the effect infrequent recreational users are actually seeking.
Another weed myth is Sativa being genetically and biochemically different from Indica. The different traits are purely due to where they've adapted to.
If somebody trie to say Sativa has more of a daytime, uplifting, mental focusing buzz than Indica they are full of shit.
There is no difference.
Another weed myth is Sativa being genetically and biochemically different from Indica. The different traits are purely due to where they've adapted to.
If somebody trie to say Sativa has more of a daytime, uplifting, mental focusing buzz than Indica they are full of shit.
There is no difference.
