Skip to comments.Marijuana Crushes Grapes as Cash Crop
Posted on 10/20/2010 10:38:20 AM PDT by Nachum
The most persuasive argument for legalizing pot might just be a dollar sign.
California's pot crop is worth $14 billion, according to a state report. The Press Democrat points out that crushes the wine crop which comes in at $2 billion.
Legalization would be a huge shot in the arm for plenty of ancillary industries, such as banking and construction.
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How much you wanna bet that’s retail (inflated at that) value for the pot, but wholesale farm prices for the grapes?
If they want to compare apples to apples, why not compare the retail value of the wine made from the grapes?
Buildings are getting built. The biggest "shot in the arm" would be for the Sacramento tax-and-spend politicians, the new department of state workers to "regulate" the operations, and the union that collects the new dues from them.
NO ON 19! STARVE THE BEAST!
Here in the UK I was nearly deliberately run over last week by a carload of people who a) stank of cannabis, and b) who acted and spoke like classic crazed paranoiacs.
Keep that garbage illegal.
If someone spent their dollar on A instead of on B, it doesn’t mean there are MORE dollars.
You’re right. This doesn’t make sense. Just rhetoric to stoke a flame.
My prediction; CA will legalize mj then regulate it and tax it so heavily that it will still be cheaper and easier to buy it from the drug cartels.
Because grapes are not wine.
You could be right. I'd expect a flurry of people growing it themselves... for a while. But then, I don't make my own wine (which I could) and I don't own a still (which I could). It's so much easier to go downtown and pay a tax on alcohol for a bottle rather than make it myself. I expect the same thing will happen with weed... sooner or later.
Sure, it would be a “huge shot in the arm” for the status quo government which will NOT economize, let people go, bring down costs. It would allow the govt employees unions to continue to line their pockets with new useless govt. employees on their rolls. All paid for by the “new” elite of stone head pot growers. Just what the country needs, like a whole another load of alcoholics, or a new generation of entry level drug addicts. Think how this would affect the status of politics in CA. And all because they won’t rein in govt. size, and ridiculous liberal spending for their pals.
Wow, man, far out! My lord.
And just think how many more positions could be staffed at ATF, FDA, NIH.. National Cancer Institute, etc. Pot is considerably more carcinogenic than tobacco and all its proprietary additives. The deal is... you can get liquid nicotine, vanilla flavored in an electric cigarette, and could do the same with THC (cannabinol)in an oil form. Only legal pot farm in the US is in MS and makes THC for prescription Marinol (TM) used for nausea caused by cancer drugs, and also to stimulate... appetite in the elderly. Oh yeah, buy some stock in Nabisco for their off the page Oreo cookie sales if this ever happens.
Did the whole concept of it already being illegal and not preventing that from happening kinda comes off as ironic?
But hey, it worked for alcohol! Keep it illegal!
Nancy Pelosi should rename her vineyard ‘Columbian Gold Lane Vineyard’
You bet. And just think how many could grow it at home anyway, enough for use not sale.. and how would they tax that? Think of the jobs potential for police, tax collection etc. More than make up for the supposed revenue that would or could be raised. The model doesn’t work. Terminating excess state employees DOES work.
How will they collect the taxes? How many agents and police will it take to try to collect? The product costs little to produce and whatever the tax the illegal producers will undersell them.
The just found 150 TONS of pot in TJ waiting to cross the border into CA. The drug lords aren’t about to pay tax on that or stop producing in Mexico..they are ramping up.
Significant data exists that cannabis use can trigger specific gene markers to exacerbate expression of schizophrenia, so you are not far wrong. Those who have ever wondered about the induced paranoia, the cravings of appetite, and the fat soluble blood-brain crossing nature of this supposedly benign weed. That said, sure put some jazz music out there, but poor Gene Krupa.
If this passes, the state of California will be a drug cartel. This will fit in nicely with them already being in the numbers racket, and all of the other things they do that are illegal for me to do.
What will the street value of pot be when if it were legalized? chances are it would fall 50 percent or more.