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 > Marcus and pot

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zb39

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Posted: 01/02/18 08:42pm Link  |  Quote  |  Print  |  Notify Moderator

Just watched 2 The Profit episodes. Is Marcus going to invest in dope. I hope not. If he does I'm done with CW. Just my .02 cents.....


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Janss

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Posted: 01/02/18 10:21pm Link  |  Quote  |  Print  |  Notify Moderator

No. He said at the end of the second episode (about Humboldt County) that he was going to leave it to others.


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wa8yxm

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Posted: 01/03/18 08:20am Link  |  Quote  |  Print  |  Notify Moderator

It does seem to be the big profit item for investors just now as more and more states legalize it..

For the record I am firmly ON THE FENCE when it comes to this issue. thus. No opinion will be expressed beyond the above observation.


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downtheroad

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Posted: 01/03/18 10:16am Link  |  Quote  |  Print  |  Notify Moderator

If we wants to make a lot of "profit," he will invest.
Why do you think so many states are legalizing it?
(answer: hugely profitable and huge tax revenues)


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RockyMt

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Posted: 01/03/18 10:35am Link  |  Quote  |  Print  |  Notify Moderator

most states(where legal) are like cartels

monkey44

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Posted: 01/03/18 12:30pm Link  |  Quote  |  Print  |  Notify Moderator

When it costs more to police it than it saves in value (people don't OD on pot) then it makes sense for government finance agencies to tax it - AND, agencies will never "just allow" something and not tax it. Basically.

This type enforcement and legislation has gone on since prohibition days - it did didn't work with alcohol and won't work with pot. Think about the processing - you can produce alcohol in your own home, easily. And, you can grow pot in your own home, easily. So, laws will never stop it, laws can only penalize those who break the law. And most will never "get caught" for typical home use .... only when becoming a dealer and the exposure it creates.

Folks cannot as easily make other drugs due to the processing - pills, meth, heroin takes a major processing "machine" - so, an every day home will not make these types of drugs, generally.

Too many folks in this country smoke pot and drink alcohol, so taxing it and regulating it eventually emerges, sooner than a continuous waste of enforcement resources that never solves the issue.

And, believe it or not, alcohol kills and injures more families annually than pot ever will. And how much violence emerges with legal alcohol use, vs legal pot use? That answer in and of itself makes legalizing pot beneficial.


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Deb and Ed M

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Posted: 01/03/18 06:58pm Link  |  Quote  |  Print  |  Notify Moderator

Another aspect: as we Baby Boomers get older, we need relief from aches and pains. Personally, if I needed something stronger than my nightly Aleve, I'd be more inclined to try a cannabis "edible" than get on the opioid bandwagon, with all its potential side effects.... and I guess I'd feel better about my "source" if it was run like a real business?

wa8yxm

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Posted: 01/04/18 07:36am Link  |  Quote  |  Print  |  Notify Moderator

RockyMt wrote:

most states(where legal) are like cartels


Well. Colorado reports a major drop in crimes. Drug overdose and a bunch of other issues since they made Pot legal.

It was legal up till 1960's by the way. In fact the Government had a "Marijuana Tax Act" Just like they taxed Tobacco back then (Your pack of cancer sticks had a Tax Stamp on it) That has changed.

NOTE: as I said above. I am firmly on the fence. on legalization.
I know the talking points (both sides) But I'm not convinced.

There is another class of substance (i will not name) where I am far more interested.. And I have done far more research,, I've read over 2 dozen studies. all but one (Very flawed) which concluded "More study is needed".

I think that applies here as well.

imgoin4it

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Posted: 01/04/18 07:59am Link  |  Quote  |  Print  |  Notify Moderator

The US attorney announced this morning that states that have made marijuana legal are no longer exempt from Federal Government enforcing current Federal law that still make it illegal. If you are thinking about investing in the industry you might want to reconsider. Maybe even more so if you live in California.


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