What do you do with a billion grams of surplus weed? • Hacker News Board

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

#181

Post by gnopgnip » Sun, Aug 08, 2021, 1:36 AM UTC

bdjddd77 wrote: post #83

WhyNotHugo wrote: post #16

Earlier quoted context omitted.

Here in the Netherlands tax for weed is really high. 50% if I recall correctly. Not sure I hate the idea -- at least tax money is put to very good use. But for those for whom it's more than merely recreational (e.g.: medicinal use), I wish they'd sell a tax-free version. Too prone to abuse I guess. However, heading to a coffeshop[1] isn't a big deal. It's a person behind the stand, you pic what you want from a menu,…

It's fucking nuts, 40, looking 50, got IDs buying a pack of beers in Walgreens I think, just stopping two night usa back to Europe. She wasn't happy that she couldn't scan the EU driving license but eventually she relented, same next night, I was perplexed, do they not enpower their workers? Uk is over 18, but ask for id if you have any doubt less than 21, 3yr margin, common sense

In many states the cashier can face a $500-$1000 fine for selling to someone underage, risking being fired. The company pays a similar or larger fine. With a few of these fines that location can have alcohol sales suspended for 6-12 months. So many companies require ID for all sales regardless of age. Losing a few sales here and there from people without ID isn't worth risking it

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

#182

Post by advertising » Sun, Aug 08, 2021, 1:37 AM UTC

Know a few “pot lawyers” and retail operators. The real money is in gaining a license for a dispensary. Growing is a race to the bottom. From humboldt era $5k lbs to $800 lbs

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

#183

Post by jdavis703 » Sun, Aug 08, 2021, 1:42 AM UTC

bdjddd77 wrote: post #83

WhyNotHugo wrote: post #16

Earlier quoted context omitted.

Here in the Netherlands tax for weed is really high. 50% if I recall correctly. Not sure I hate the idea -- at least tax money is put to very good use. But for those for whom it's more than merely recreational (e.g.: medicinal use), I wish they'd sell a tax-free version. Too prone to abuse I guess. However, heading to a coffeshop[1] isn't a big deal. It's a person behind the stand, you pic what you want from a menu,…

It's fucking nuts, 40, looking 50, got IDs buying a pack of beers in Walgreens I think, just stopping two night usa back to Europe. She wasn't happy that she couldn't scan the EU driving license but eventually she relented, same next night, I was perplexed, do they not enpower their workers? Uk is over 18, but ask for id if you have any doubt less than 21, 3yr margin, common sense

I was in Virginia with a California drivers license and they wouldn’t let me use my California ID. Workers are paranoid about getting busted for selling booze to a minor. I guess no one ever gets fired for blocking an alcohol sale, but if they cause the store to loose their license they might be out of a job.

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

#184

Post by dylan604 » Sun, Aug 08, 2021, 1:43 AM UTC

Clubber wrote: post #171

dylan604 wrote: post #120

Earlier quoted context omitted.

Sugar Edit: Didn't mean to post a one word reply While it's not classified as a drug, it's definitely addicting. Also, you question is very leading. More accessible? Depends on location. There are plenty of places where meth is much more accessible than anything else including alcohol.

>While it's not classified as a drug, it's definitely addicting. I'm starting to realize how true this is. I didn't know my beef jerky has sugar in it until they came out with a sugar free version. I assume that's how they get people to eat otherwise garbage food and eat a lot of it. I bet if they starting taking sugar out of everything the US would get a lot healthier real fast. At least make it more obvious if some…

To make it worse, a lot of times it's actually high fructose syrup instead of cane sugar in food.

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

#185

Post by bobsmooth » Sun, Aug 08, 2021, 1:43 AM UTC

Animats wrote: post #156

derefr wrote: post #143

Earlier quoted context omitted.

In 2017 a good number of the VCs investing in blockchain in Vancouver, pivoted to investing in weed. I guess their investment thesis was actually "invest in things that can be sold on hype alone."

Monetization of Fear Of Missing Out has become an industry.

How do I get in on this? What have you heard?

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

#186

Post by bsder » Sun, Aug 08, 2021, 1:59 AM UTC

tenfourwookie wrote: post #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 ob…

Because these aren't really competitive systems.

In the US, since cannabis/CBD/marijuana/etc. are still nominally illegal at the federal level, none of the "legal" operators can avail themselves of the financial system. This prevents things like shuffling product between states, for example, or taking out big loans for expansions that would allow flattening of the market.

And, if I remember correctly, Canada's "legalization" has been one disaster after another because the big players keep buying off and sabotaging the system until they can corner it.

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

#187

Post by R0b0t1 » Sun, Aug 08, 2021, 2:03 AM UTC

OJFord wrote: post #111

codetrotter wrote: post #9

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

Tonne is the more common form for (but exactly equivalent to, assuming metric tonnes) the SI megagram (Mg). Anyone that would use the hypothetical 'kilotonne' would use 'Gg' instead. Agriculture works in tonnes though, not SI prefixed grams, so it would just be 1000t. (Source: from writing a lot of code for doing conversions and display and things with differently denominated quantities for ag users!)

There's no reason not to use kiloton.

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

#188

Post by hluska » Sun, Aug 08, 2021, 4:23 AM UTC

gruez wrote: post #55

dylan604 wrote: post #38

Earlier quoted context omitted.

I don't think the comment you replied to was saying it's only bad because Canadian. They were stating every time they hear about food being destroyed it pisses them off. Doesn't matter if it is US, Canada or a dictator doing it in front of the people that were hoping to receive it. It's a shit move. However, let's not forget the logistics of getting the food to locations it was never thought about getting to when it…

>I don't think the comment you replied to was saying it's only bad because Canadian. They were stating every time they hear about food being destroyed it pisses them off. But if you're against food waste, shouldn't you be supporting supply management (ie. preventing excess production)?

Judging by the naïveté of this comment, I don’t think you’ve ever been involved in agriculture at scale. Preventing excess production is extremely difficult.

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

#189

Post by hluska » Sun, Aug 08, 2021, 4:31 AM UTC

gruez wrote: post #52

slapfrog wrote: post #44

Earlier quoted context omitted.

> And most of us are very happy to support supply management! "Cartel" has very negative connotations. Exactly. Having a stable supply of food is more important than having an economically efficient supply of food. Of all industries, the food industry in particular should not be left totally up to market whims.

>Exactly. Having a stable supply of food is more important than having an economically efficient supply of food. Has there any empirical studies/evidence that supports this claim? > Of all industries, the food industry in particular should not be left totally up to market whims. The oil industry seems pretty important as well. After all, most of our vehicles run on it. Maybe we should be glad that OPEC is engaging in…

> Has there any empirical studies/evidence that supports this claim?

Two things:

1.) This grammar is atrocious.

2.) You’re being needlessly argumentative.

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

#190

Post by hluska » Sun, Aug 08, 2021, 4:32 AM UTC

gruez wrote: post #64

SECProto wrote: post #62

Earlier quoted context omitted.

> Surely if you want to keep your country fed, you'd want to go after the staples like potatoes or grain? Canada is extremely competitive on grain and potatoes (and lentils and oilseeds and ...). Supply management isn't needed if we're already competitive exporters of a given product.

>Supply management isn't needed if we're already competitive exporters of a given product. sounds more like the real goal is protectionism rather than "having a stable supply of food"

And again, you’re being needlessly argumentative and couching it all in very poor communications skills. Your comments have had absolutely no value. Please stop - it’s low brow and boring.