Colorado Stores Throw Open Their Doors to Pot Buyers • Hacker News Board

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#111

Post by MWil » Wed, Jan 01, 2014, 9:01 PM UTC

VikingIV wrote: post #95

MWil wrote: post #74

Earlier quoted context omitted.

Based on the above comment I was expecting like $20/lb tea...not $275/lb. I just checked and I got a box of Bigelow from Food Lion (don't judge). Based on the net weight on the box, it's a little under $35/lb granted it is a small box so buying in bulk would definitely bring that down. So I can't imagine what $6/lb tea would taste like but I'm not sure I can justify $275/lb either. This is my cheap-ass tea by the way…

http://www.luhsetea.com

http://www.luhsetea.com/products/dorian-grey

I might have to try some of this!

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#112

Post by Multics » Wed, Jan 01, 2014, 9:03 PM UTC

bobby100 wrote: post #110

xacaxulu wrote: post #94

Colorado, unlike a large number of US states, seems to take crazy things like simple economics and overwhelmingly positive scientific research into account when drafting laws. Here in the south we prefer to use 1950's mores, Jim Crow era law enforcement priorities and 3000 year old Judean religious texts when writing our laws. Bravo Colorado!

- There are no successful clinical trials on marijuana by the FDA. For someone who praises science, your statements really show your ignorance.

If you check PubMed, you'll see some.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#113

Post by rbobby » Wed, Jan 01, 2014, 9:03 PM UTC

mynameishere wrote: post #52

According to this the price will initially go up: http://www.usnews.com/news/articles/2013/12/30/high-prices-f... ...but since marijuana is literally a weed, why wouldn't the price eventually drop to something like that of tea? I mean, tea is harder to grow, process, and ship, and you can get it for 6 dollars a pound. Even the overpriced teavana stuff can go for as little as 40 dollars a pound.

The price will drop significantly when large scale production occurs. Large scale production will be limited until the legal risks are known and quantified. For the near future federal law will continue to expose investors to a significant risk of imprisonment.

However, expect the price to drop moderately as legal sales expand and small "mom & pop" grow operations are replaced by more efficient moderate sized operations that are willing to accept the risk and have the cash on hand needed to bootstrap.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#114

Post by huherto » Wed, Jan 01, 2014, 9:04 PM UTC

xacaxulu wrote: post #94

Colorado, unlike a large number of US states, seems to take crazy things like simple economics and overwhelmingly positive scientific research into account when drafting laws. Here in the south we prefer to use 1950's mores, Jim Crow era law enforcement priorities and 3000 year old Judean religious texts when writing our laws. Bravo Colorado!

http://www.npr.org/2013/11/11/244527860/forget-the-50-states...

My guess is that people in Colorado tend to be more libertarian. They don't want government interference, and at the same time they don't follow the religious culture in the deep south.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#115

Post by cookiecaper » Wed, Jan 01, 2014, 9:05 PM UTC

mynameishere wrote: post #52

According to this the price will initially go up: http://www.usnews.com/news/articles/2013/12/30/high-prices-f... ...but since marijuana is literally a weed, why wouldn't the price eventually drop to something like that of tea? I mean, tea is harder to grow, process, and ship, and you can get it for 6 dollars a pound. Even the overpriced teavana stuff can go for as little as 40 dollars a pound.

There's still significant risk in grow operations because it's still a federal crime. The Obama administration has chosen not to enforce that law for the time being, but that can change on a moment's notice, and is likely to change if a conservative attains office (which will probably happen in 2016). Furthermore, even when done legally, there is significant regulatory burden on a state-sanctioned grow.

You're correct that ultimately marijuana will probably be really cheap, but we have to wait for the rest of the drug enforcement apparatus to become irrelevant.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#116

Post by ItendToDisagree » Wed, Jan 01, 2014, 9:06 PM UTC

bobby100 wrote: post #110

xacaxulu wrote: post #94

Colorado, unlike a large number of US states, seems to take crazy things like simple economics and overwhelmingly positive scientific research into account when drafting laws. Here in the south we prefer to use 1950's mores, Jim Crow era law enforcement priorities and 3000 year old Judean religious texts when writing our laws. Bravo Colorado!

- There are no successful clinical trials on marijuana by the FDA. For someone who praises science, your statements really show your ignorance.

Isn't that because it was scheduled as illegal? Circular logic is fun!

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#117

Post by bobby100 » Wed, Jan 01, 2014, 9:08 PM UTC

Multics wrote: post #112

bobby100 wrote: post #110

Earlier quoted context omitted.

- There are no successful clinical trials on marijuana by the FDA. For someone who praises science, your statements really show your ignorance.

If you check PubMed, you'll see some.

Citation please?

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#118

Post by ItendToDisagree » Wed, Jan 01, 2014, 9:09 PM UTC

Multics wrote: post #108

ItendToDisagree wrote: post #100

Earlier quoted context omitted.

More research seems like a really good side benefit if it happens. Inhaling burning plant matter is still bad for you. There are alternate means of ingesting the compounds in Marijuana though.

Vaping, edibles, and tea. At least that's what pop culture says.

I'm learning so much from this article/submission!

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#119

Post by cookiecaper » Wed, Jan 01, 2014, 9:09 PM UTC

mschuster91 wrote: post #83

So, now that pot is legalized, how will the police fill all those costly new jails with black people now? Criminalize them just for being black?

It's disappointing to see race baiting on HN. Save it for reddit.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#120

Post by xacaxulu » Wed, Jan 01, 2014, 9:10 PM UTC

bobby100 wrote: post #110

xacaxulu wrote: post #94

Colorado, unlike a large number of US states, seems to take crazy things like simple economics and overwhelmingly positive scientific research into account when drafting laws. Here in the south we prefer to use 1950's mores, Jim Crow era law enforcement priorities and 3000 year old Judean religious texts when writing our laws. Bravo Colorado!

- There are no successful clinical trials on marijuana by the FDA. For someone who praises science, your statements really show your ignorance.

I don't limit my scientific research to US Studies only since the political climate that controls funding is a very important factor. You might also want to research how the DEA and NIDA regularly hinder any applications for research showing the positive benefits of marijuana. I wouldn't equate lack of FDA studies as an indicator of marijuana's positive/negative effects.