Marijuana USA on CNBC

[Justice4all]

Watching that right now.
They are giving so many reasons why to legalize this product it's not even funny.

And I love when they have parents who need to go out of their way to tell kids that medical marijuana is something they shouldn't do. Makes me laugh.

Anyone else watching this?

[Snacks]

Watching that right now.
They are giving so many reasons why to legalize this product it's not even funny.

And I love when they have parents who need to go out of their way to tell kids that medical marijuana is something they shouldn't do. Makes me laugh.

Anyone else watching this?

No but anyone who thinks this should stay illegal is an idiot. There are so many legal things that harm us and are worse yet people fight against this. The amount of money wasted keeping this illegal would be gone and we would now have a revenue stream rather then a debt!

Amazing!

[Justice4all]

No but anyone who thinks this should stay illegal is an idiot. There are so many legal things that harm us and are worse yet people fight against this. The amount of money wasted keeping this illegal would be gone and we would now have a revenue stream rather then a debt!

Amazing!

Yep....it would be an as-big/bigger cash crop then Tobacco was.

[Jayw]

Think of the backlash that legalizing will have on current dealers. Of course they don't want their product legalized they won't make any money, if its legal that price is dropping big time. Why do you think a lot of the biggest opponents of prop 9 in california were growers and sellers.

I really don't see why anyone in their right mind would go on a show like that showing how much they love weed and that doctor who prescribed it, it just makes them a huge target by DEA and law enforcement. I don't see why any of them want to take a chance on something that is still deemed illegal by federal guidelines and flaunt it on TV. Playing the lottery with a felony record is not a good idea imo.

BTW did you see the "patients" that they were showing getting their weed prescriptions. They were all 25 year old males. Funny shit.

[Snoogans]

Think of the backlash that legalizing will have on current dealers. Of course they don't want their product legalized they won't make any money, if its legal that price is dropping big time. Why do you think a lot of the biggest opponents of prop 9 in california were growers and sellers.

I really don't see why anyone in their right mind would go on a show like that showing how much they love weed and that doctor who prescribed it, it just makes them a huge target by DEA and law enforcement. I don't see why any of them want to take a chance on something that is still deemed illegal by federal guidelines and flaunt it on TV. Playing the lottery with a felony record is not a good idea imo.

BTW did you see the "patients" that they were showing getting their weed prescriptions. They were all 25 year old males. Funny shit.

no, it wont. it will probably stay about the same actually. Why would they drop the price from market if they are doing it to make money?

and no they arent the target. the doctors and the users are not the Target. its the growers and suppliers

[Jayw]

no, it wont. it will probably stay about the same actually. Why would they drop the price from market if they are doing it to make money?

and no they arent the target. the doctors and the users are not the Target. its the growers and suppliers

I meant the people talking about their grow operations. I am surprised though that the doctors wouldn't be a target, they seem to be the catalyst behind the whole legal weed movement.

[Snoogans]

I meant the people talking about their grow operations. I am surprised though that the doctors wouldn't be a target, they seem to be the catalyst behind the whole legal weed movement.

but in the state they practice they are allowed to prescribe it. Its the places actually giving it that are really breaking the law. The DEA goes after doctors more for giving prescription drugs to people when they shouldnt

[StanUpshaw]

no, it wont. it will probably stay about the same actually. Why would they drop the price from market if they are doing it to make money?


You understand economics.

[Snoogans]

You understand economics.

no, you dont understand the process. If the country legalized weed, the country wouldnt be producing and selling the weed. Private companies would and the government would tax it like they do with cigarettes.

If a private company knows people are already paying 20 a grm and 50 or more and eighth, etc, for the highest quality shit, why would they drop the price? If anything, demand would go up cause people who dont smoke would start to try it if its legal, so the price might even go up. They arent gonna just start selling packs of joints for 10 bucks. that would be a bad business move.

Why are certain products so much money, cause people will pay it. So if people will pay it, the price wont go down, especially if the company has to give as much as half the fuckin money they make to the government.

[Snoogans]

and no, the dealers wouldnt drop prices either, cause when weed gets legal, people illegally supplying it would face harsher penalties then they do already. So therefore, they arent gonna drop the price even though they are making less money, cause it wouldnt be worth the risk to make such little money. If anything, they would probably just stop selling it and start sellin other shit thats still illegal.

[StanUpshaw]

Too bad there haven't been any real-world examples of when a product was prohibited and was only available through a black market; then later becomes legal.

If such a thing had happened in the past, then we'd be able to see how such a market would behave.

Too bad we don't. :sad:

[Snoogans]

Too bad there haven't been any real-world examples of when a product was prohibited and was only available through a black market; then later becomes legal.

If such a thing had happened in the past, then we'd be able to see how such a market would behave.

Too bad we don't. :sad:

we have many examples. Some got cheaper, some got more expensive for the legal products. competititon might drive it down some but when the current value of something is 50 and companies get there hands on shit, they arent gonna just sell it for 15, at least not until after a long time of competitions. Most likely, at the start, it would star close to the original price while the producers cash grab.

It took a LONG time in Amsterdam for the prices to get down as low as they got