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Colorado Stores Throw Open Their Doors to Pot Buyers

nytimes.com

71–80 of 194 posts

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#71
post #7

Here's to the great idea of Federalism, and hoping that Colorado and Washington show everyone else the way forward.

federalism, in reality, is really better exemplified by the unelected federal judges from ivy league law schools who decide the way we live our lives. That is really what federalism is. Democracy is what happens when the citizens of colorado and washington create their own laws to live by.

I believe he was referring to what we call New Federalism, or "states rights".

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#72

in this discussion in the media, out of all the millions of words that are going to be written about pot legalization in WA and CO over the next few weeks, how many words are going to be devoted to the fact that in the states of washington and colorado pot was legalized because the citizens of those states are able to create their own laws? Very few words will be devoted to that aspect of it, and those corporate medi…

They are hardly unique in that regard:

http://en.wikipedia.org/wiki/Initiatives_and_referendums_in_...

(They both have direct and indirect initiative statutes, but plenty of other states have one or the other (with more states having the direct initiative, which is probably closest to your "citizens of those states are able to create their own laws"))

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#73
post #48
post #41

Earlier quoted context omitted.

I imagine that since part of the customer base is underage, the illegal market will still exist.

Are there illegal markets for booze and tobacco?

Not nearly as organized, but yes, absolutely.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#74
post #66

Earlier quoted context omitted.

Could you recommend a good place online to order good "tea"? I'd seriously like to try some to get a sense of what real tea is suppose to taste like.

Check out http://tealet.com

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.amazon.com/Bigelow-English-Teatime-Tea-20-Count/d...

Feel free to suggest something that might amount to a 2x-5x price increase rather than 10x.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#75

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 "tea" you get for 6 dollars a pound in the US is, generally speaking, the crumbs and fragments leftover from making actually good tea. Wouldn't surprise me if you could also eventually get crumb-and-fragment grade pot for 6 bucks a pound. There's still a market for legitimately high grade tea (not Teavana). I'm interested to see what sort of market develops, over time, for legitimately high-grade MJ here in Color…

Arn't even the highest grades of tea only about $40 an ounce though? Or am I missing some 'Primo Stuff' somewhere?

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#77
post #27

I'm curious what happens to the people who were surviving on the cash from selling it illegally. Some of them are poor slobs. Some of them are organized crime. Are they just going to try to sell it at a lower price since the police cannot tell where you got it from and might not even care anymore? Tax savings alone radically reduces the price.

The same profit margins exist for tobacco and alcohol, especially cities like NYC, but there are relatively few bootleggers in both markets. I think the legal risk significantly offsets the increase in price from taxation. But then again, cannabis differs from tobacco and alcohol in many ways in that an underground market has become highly developed. It will indeed be interesting to see...

There's a lot of bootleggers for cigarettes in NYC. I've found many places, mainly in Brooklyn, that sell Virginia cigarettes. Big selections too!

Alcohol flows plentifully and relatively cheaply here though although I hear there are speak easies.

So I guess the moral is, if you tax it so much people are paying exorbitant amounts for it, you may end up creating a bootlegger's market, especially if you don't have to cross any national borders with the product.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#78
post #48
post #41

Earlier quoted context omitted.

I imagine that since part of the customer base is underage, the illegal market will still exist.

Are there illegal markets for booze and tobacco?

If you can consider random poor people in front of supermarkets and older friends and as illegal markets, then there is.

If you have the right (or wrong, depends on how you view it) friends, then booze will be almost always available. Your friend doesn't necessarily need to be old enough to buy the booze, since if she/he has the contacts to yet older friends then you can understand how the buying circulates trough different levels. This way you don't necessarily need more than one middleman to buy vodka at age of 17.

Tobacco gets usually passed on the same way as booze, but at least in case of snus there are usually known groups which adopt the use. For example, hockey players are known to use snus, so there's high chance that you can buy some from them. And you don't need to know more than one hockey player, as the players know which one of their teammates has the stuff and when.

In cases where some known groups have the substances and the interest to sell them, you could consider it as somewhat centralized market. The people who run the market don't likely think it as one, but that's up to the viewer. After all, the way the liquer and tobacco gets spread may seem like there's no market at all.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#79

Earlier quoted context omitted.

The "tea" you get for 6 dollars a pound in the US is, generally speaking, the crumbs and fragments leftover from making actually good tea. Wouldn't surprise me if you could also eventually get crumb-and-fragment grade pot for 6 bucks a pound. There's still a market for legitimately high grade tea (not Teavana). I'm interested to see what sort of market develops, over time, for legitimately high-grade MJ here in Color…

Arn't even the highest grades of tea only about $40 an ounce though? Or am I missing some 'Primo Stuff' somewhere?

That still represents a 20x premium over cheap name-brand tea at the store.

Re: Colorado Stores Throw Open Their Doors to Pot Buyers

#80

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.

Is medical grade tea a thing? It takes a lot of skill and either great weather or a big investment in indoor growing equipment to grow a single medical plant. Comparing tea and cannabis prices doesn't make much sense.

Now stop that right now! :) I strongly doubt there is any such thing as "medical-grade" marijuana.

"Medical marijuana" refers to pot sold in such as way as to shield the buyer and seller from criminal liability (by requiring a prescription from a health-care provider). No official or semi-official body is holding this medical marijuana to any standard.

Heading off a potential nit: in the last year or two a new strain of pot much lower in THC and much higher in CDB has arrived on the scene, and some doctors are advising some patients to use that strain, but as far as I know, no one refers to that as medical marijuana.

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