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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?

#191

Post by hluska »

mandmandam wrote: post #28
JeremyBanks wrote: post #12

Earlier quoted context omitted.

You're misreading. They're not being ordered to destroy crops in order to support the medical marijuana price. They're destroying crops because there was a bubble and they've created way too much supply. Cannabis stocks were a fad for a while, and I know lots of people who invested in them blindly. The number of legal cannabis retailers is exploding. I live in a mid sized town and there are three more opening this mo…

> they're not being ordered to destroy crops in order to support the medical marijuana price. I didn't say, or suggest, that anyone was ordered to destroy crops? They created too much supply, yes. Follow the logic chain out a step. If they wanted to sell it, they could lower the price... Instead they _choose_ to keep the price above the black market price. The black market price which is already inflated far above pr…

> Follow the logic chain out a step. If they wanted to sell it, they could lower the price...

This is not true about the Canadian market for a couple of reasons. The majority of this overstock cannabis is unpackaged. Unpackaged cannabis cannot be sold outside of licensed producers -> licensed processors.

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

#192

Post by hluska »

k12sosse wrote: post #75
KMnO4 wrote: post #50

Earlier quoted context omitted.

When it was legalized in Canada, the legal prices were pretty bad. There were also restrictions on only allowing the sale of flower (ie no edibles or concentrates IIRC). Since then, the government has pulled up their socks. The prices are competitive, the quality is fantastic, and the doses are accurate (as opposed to a “300mg edible” actually having anywhere from 50-500mg THC). As a result, I don’t know anyone who d…

I've been kicking this idea around in my noodle since judgement Day passed: a business like a local wine u-brew, where you come rent a stall in my warehouse and we grow your weed for you, in your name. When it's time to harvest, you can either take it home damp and dry it yourself or pay for us to cure it for you. Secure, safe, convenient. I can currently easily grow a (reasonable) year's supply for someone within th…

I know a cat who’s trying to raise funds for this concept now. From what I’ve gathered, it’s a real pain to get going. Let me know if you’d like me to introduce you two - my email is in my profile.

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

#193

Post by randyrand »

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…

Location.

Weed is sold in stores at local prices. Theres lack of competition.

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

#194

Post by effingwewt »

xyhopguy wrote: post #166
tenfourwookie wrote: post #159

Earlier quoted context omitted.

Yes, but the same is true in Oregon. Massive surplus. It was some silly number like enough weed to make 1 billion joints. I'll find the number.

its not hard to get top shelf ounces for $100-140 in oregon...

It very much is from dispensaries, which is what is being discussed.

And this does happen everywhere, where prices in dispensaries 'miraculously align' right down to the daily/weekly specials etc.

What should be happening is the price going down as shops compete with each other for business- which, incidentally, they all did ~10 years ago. That also miraculously stopped at all shops simultaneously.

So it's definitely collusion/price fixing but I believe rather than the supplier/seller it's both. Especially in Oregon where the shops have their own grow farms.

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

#196

Post by Dma54rhs »

smnrchrds wrote: post #158
Symbiote wrote: post #151

Earlier quoted context omitted.

It's relatively common for cigarettes to be smuggled between EU states. You see people in Sweden with packaging with the health warning in Polish, for example.

I was under the impression that anything bought within the EU single market can be legally taken anywhere within the single market, at least for personal use, without taxes and duties. Is that not the case?

You can for personal use and low quantities, but these things are sold in big quantities, it's a huge black market.

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

#197

Post by squabble »

hluska wrote: post #190
gruez wrote: post #64

Earlier quoted context omitted.

>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.

You are being very unkind.

See https://news.ycombinator.com/newsguidelines.html

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

#198

Post by 0xdeadb00f »

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…

$400 is about how much an (illegal) ounce is where I am

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

#199

Post by mollusk »

smnrchrds wrote: post #158
Symbiote wrote: post #151

Earlier quoted context omitted.

It's relatively common for cigarettes to be smuggled between EU states. You see people in Sweden with packaging with the health warning in Polish, for example.

I was under the impression that anything bought within the EU single market can be legally taken anywhere within the single market, at least for personal use, without taxes and duties. Is that not the case?

You can as an individual. And people do that, it's sometimes refered to as alcotourism, when you cross the border to buy cheaper alcohol in the neighbouring country. Finns go to Estonia. Estonians go to Latvia. But as a company, you can't just import cigarettes or alcohol from another country and sell them at home. Cigarettes and alcohol have specific tax stamps on their packaging that make them restricted for sale in a specific country. People still do that, but at that point it's the black market.

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

#200

Post by corin_ »

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

UK actually went from "Challenge 21" to "Challenge 25" a few years after the former was introduced, so most places have a policy of asking for ID if you look under 25 now - a 7 year margin.

Though the extent to which staff really do challenge anyone who looks under 25 obviously varies considerably, even in businesses where Challenge 25 is the official policy (which afaik is a recommendation that most chains, including pubs and supermarkets, and many small businesses follow, but not a legal requirement).

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