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What do you do with a billion grams of surplus weed?

thewalrus.ca

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Re: What do you do with a billion grams of surplus weed?

#132
post #126

A billion gram? You mean a thousand ton?

People buy weed in grams, eighths, quarters, ounces, and pounds typically. Not tons. I assume they went with grams because that is the most common purchase amount and people can possible get a sense of quantity.

Re: What do you do with a billion grams of surplus weed?

#133

Weed being legal is cool (and a huge deal and way overdue) but, until I moved to SF, I still bought from a dealer. It was cheaper and I got really high quality stuff, got to give feedback to the guy on the strains, chocolates, etc. Plus my guy would smoke me up for free a good amount of the time and we'd just chill and chat for a bit. Legal weed is wayyyy more expensive in my experience and I dislike the experience.…

In Illinois, I felt the original medicinal stores were more warm and very friendly and helpful esp to first time users. Compassionate to first time users who are dealing with legit pain and medical issues.

Newer recreational stores have popped up everywhere with many many more to come, but the few I’ve visited are cold and the staff act like they could give a shit.

Re: What do you do with a billion grams of surplus weed?

#134
We've been hearing about surplus for several years now, and yet the price of weed is going up, not down. I regularly see $400 retail ounces in Oregon for top shelf.

Supply/demand should push the price to the floor with this Surplus gargantus, and yet prices continue to climb.

It's like ECON 101 doesn't apply to pot. What are they going to do? Dump it in ocean?

What I want to know is how retail is maintaining these obviously, artificially high prices in a crazy-lopsided buyer's market?

Collusion is the only explanation I have. They're all just colluding to prevent price collapse.

Re: What do you do with a billion grams of surplus weed?

#135

Earlier quoted context omitted.

The regulators were way too aggressive. They overburdened farms and dispensaries to such a degree that legal sources are having a hard time competing with the black market even though dispensaries were considered essential businesses (able to stay open) through the pandemic. Now California is bailing out the industry to the tune of $100M. https://www.latimes.com/california/story/2021-06-14/californ...

This is the consequence of the “regulate and tax the hell out of it!” policy that some Americans want to apply to all vices.

But that's what lots of the legalization activists asked for. I heard "just make it legal and you can tax it all you want" for nearly half a century. Well, now they got what they asked for. IIRC, one of the few voices that said "legalize it and don't tax it at all" was Ron Paul. Everyone else was so enthralled with finding a way to get it legal that they really didn't give much thought to how the government could end up making legal weed a lot less desirable than illegal weed.

Re: What do you do with a billion grams of surplus weed?

#136

Weed being legal is cool (and a huge deal and way overdue) but, until I moved to SF, I still bought from a dealer. It was cheaper and I got really high quality stuff, got to give feedback to the guy on the strains, chocolates, etc. Plus my guy would smoke me up for free a good amount of the time and we'd just chill and chat for a bit. Legal weed is wayyyy more expensive in my experience and I dislike the experience.…

I hated the 'dealers system'. I didn't want to give some lowlife drug-dealer my address, nor my phone number. Neither was the idea of meeting such a person in a parking lot somewhere appealling to me at all. Consequently, I virtually never smoked weed at all until it became legally available in stores, except at parties where somebody else had it. Two or three times I bought from a dealer, and each time it confirmed…

Maybe you should reconsider your bias that all dealers are “lowlifes”

Re: What do you do with a billion grams of surplus weed?

#137
post #20

A billion grams. A million kilograms. A thousand tonnes. …one kilotonne?

1 gigagram, for us Europeans. ;) Edit: it would most likely be written as one thousand tonnes.

conversely, in europe, do you hit up your dealer for 10 micro tonnes of weed?

Re: What do you do with a billion grams of surplus weed?

#139

We've been hearing about surplus for several years now, and yet the price of weed is going up, not down. I regularly see $400 retail ounces in Oregon for top shelf. Supply/demand should push the price to the floor with this Surplus gargantus, and yet prices continue to climb. It's like ECON 101 doesn't apply to pot. What are they going to do? Dump it in ocean? What I want to know is how retail is maintaining these ob…

> Collusion

It's either straight up illegal collusion or a "natural" side effect of allowing only "big business" to enter the market. Combined with sky high taxes and "community impact" fees and there's not much room for price differentiation,.

I live in a state that is just now seeing recreational shops open and miraculously all their pricing is exactly aligned.

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