Cannabis Current Events (Part 2)

Hey, hey now, let’s not paint with too broad a brush. smell Pot leaf hopper pass

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Present company excluded, of course. You know the ones I’m talking about. The ones who have done more blow, smoked more weed and got to enjoy more “free love” than any 3 Gen-X’ers combined. Now, they’re fighting any reform to drug laws, and VA is known for their exceptional opposition to cannabis.

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I agree 100%. :sunglasses:
I have been tellin folks this since 2013.
Some catch on and some don’t.

The majority of people would be happy with store-bought weed.
I wonder how they would vote on home growing? :shushing_face:

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It took almost 45 years to get home brewing legalized at the federal level after prohibition was ended. Distilling spirits at home still has legal problems.

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Marijuana Use by Youth: After Legalization, Education Seems to Matter

https://www.usnews.com/news/health-news/articles/2023-08-03/marijuana-use-by-youth-after-legalization-education-seems-to-matter?utm_source=flipboard&utm_content=user%2FUSNews

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It is funny there are still people who think they can use a corrupt and broken system to fix a corrupt and broken system. The System, the most $$$$ wins.

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Here is to hoping the corrupt officials will put a stop to corrupt officials…LOL
Like that has any chance of happening… :unamused:
There is no money in that.:money_mouth_face:

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Spent awhile reading through the district court summary judgment decision, and less time reviewing the 9th Circuit’s denial of the plaintiffs’ appeal. Seems like they had a fairly flimsy case from the get go. I feel for them, it really sucks, but they were kinda bound to lose from the start.

I’ll say this, maybe they made claims beyond those dealt with by the district court, but the claims about corruption seem a little overblown.

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https://hightimes.com/news/survey-58-of-cultivators-feel-bad-or-terrible-about-current-state-of-cannabis/?utm_source=flipboard&utm_content=HIGHTIMES%2Fmagazine%2FHigh+Times

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Taxing the F out of people and placing unreasonable regulatory burden on them tends to make them feel bad. Who’da thunk it?

  • they don’t mention this aspect only falling prices.
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There’s a tipping point beyond which wholesale prices and oversupply become the biggest problems?

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I guess the best case scenario is larger players exiting and closing shop allowing the price to rebound and the small guy to thrive. Its how it should be anyway. My state legalized and seems to be setting up a structure to allow the small guy a space. We’ll see.

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I’d like to think so too but I’d bet the bigger players are more highly capitalized to withstand this sort of thing and will ultimately be the ones to survive.

They can afford to play the long game.

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Fixed that for ya. :rofl:

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That Babyboomer $140 Trillion in Wealth is an Illusion. It is almost entirely invested in paper assets. When they go to convert those stocks, bonds, property investments, mutual funds, 401Ks, etc…, who in the world has the cash on hand to buy those Ponzi Schemes. Watch as the value craters as there will be far more sellers than buyers around 2026.

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Nice.

I’m currently acquainted with a very old very successful company and of course they’re scrambling about poor economic performance and quarterly profits but I think the truth behind the scenes, at least for the upper echelon, is that they’re excited by the bad economy.

When there’s blood in the streets buy property.

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