OT - Cannabis in Colorado

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  2. You have chosen to ignore posts from melswitts. Show melswitts's posts

    Re: OT - Cannabis in Colorado

    In response to PhatVirgin's comment:
    [QUOTE]

    In response to DeadAhead's comment:
    [QUOTE]

     I've been promoting this slam dunk new stream of revenue for over a decade

     

    [/QUOTE]

    anoither lie from rusty.  There's not a day that goes by that he can't lie - not one

    sorta like his 152 IQ, photographic memory, ect....

    Just can't make this up....oh, wait a sec...he just did.....again

    [/QUOTE]

    You need to relax...lite up another dube Jet Troll...wake and bake...LMFAO

     
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  4. You have chosen to ignore posts from coolade2. Show coolade2's posts

    Re: OT - Cannabis in Colorado

    legalization is a good compromise but the government regulation still is grotesque.

    The taxation   30%   ?

    Can't smoke anywhere.

    Increased enforcement of "state regulations".


    this is an experiment.  A better system would be a local economy system where local growers could sell to local buyers with a minimal transaction fee going to the government.

    What people do with their weed should just follow simple laws of decency and respect for others, and safety defined by commonly incurred risks.

    The rest is just people chasing the money.

     

     
  5. You have chosen to ignore posts from mrmojo1120. Show mrmojo1120's posts

    Re: OT - Cannabis in Colorado

    Another way pot is better than alcohol.

    I never woke up with a fat,ugly chick after smoking too much weed.

     
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  7. You have chosen to ignore posts from melswitts. Show melswitts's posts

    Re: OT - Cannabis in Colorado

    In response to coolade2's comment:
    [QUOTE]

    legalization is a good compromise but the government regulation still is grotesque.

    The taxation   30%   ?

    Can't smoke anywhere.

    Increased enforcement of "state regulations".


    this is an experiment.  A better system would be a local economy system where local growers could sell to local buyers with a minimal transaction fee going to the government.

    What people do with their weed should just follow simple laws of decency and respect for others, and safety defined by commonly incurred risks.

    The rest is just people chasing the money.

     

    [/QUOTE]

    In a perfect world, yeah...but you have to go in steps...most of the country still thinks that weed lovers are the same a coke-anutters and dope fiends...the tax is a way to legitimize the entire enterprise...you want it leagl, that's your compromise...if you live in Colorado, you can grow your own...six plants fully grown should take care of you completely...just tell your friends to (to quote Pink Floyd) "keep your hands off of my stash"

     
  8. You have chosen to ignore posts from melswitts. Show melswitts's posts

    Re: OT - Cannabis in Colorado

    In response to mrmojo1120's comment:
    [QUOTE]

    Another way pot is better than alcohol.

    I never woke up with a fat,ugly chick after smoking too much weed.

    [/QUOTE]


    I did...but that's because I got REALLY hungry and she could REALLY cook... :)

     
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  10. You have chosen to ignore posts from melswitts. Show melswitts's posts

    Re: OT - Cannabis in Colorado

    In response to PhatVirgin's comment:

    In response to DeadAhead's comment:
    [QUOTE]

    In response to PhatVirgin's comment:
    [QUOTE]

    In response to DeadAhead's comment:
    [QUOTE]

     I've been promoting this slam dunk new stream of revenue for over a decade

     



    anoither lie from rusty.  There's not a day that goes by that he can't lie - not one

    sorta like his 152 IQ, photographic memory, ect....

    Just can't make this up....oh, wait a sec...he just did.....again

    [/QUOTE]

    It's a lie that I've suggested this idea and ways to generate revenue to pay teachers more, build schools and self sustain the publicly funded entities with no tax hikes needed?

    It's a "lie" I suggested a 12 team playoff for NCAAF over a decade ago as I went to college around SEC fans who insecurely didn't want a Yankee suggesting such a thing?

    How are these "lies", Bustchise?

    Hmm?

    Kinda seems to most here that I am a rational and intelligent person who does his homework and makes sense in articulating his points.

    But, your jealousy is dee-licious, Bustchise!

     

    [/QUOTE]

    where's the proof?

    [/QUOTE]


    Now you're back on that childish "Prove it" crud...you are a joke man...get sober and wake the F up...go away child...EVERYONE HERE KNOWS YOU ARE BUSTCHISE...ASK THEM...GO AHEAD...

     
  11. You have chosen to ignore posts from MoreRings. Show MoreRings's posts

    Re: OT - Cannabis in Colorado

    In response to melswitts' comment:
    [QUOTE]

    In response to MoreRings' comment:

    [QUOTE]

     

    In response to kansaspatriot's comment:
    [QUOTE]

    I read somewhere  it will be taxed about 25-35 percent

     

     

     

    [/QUOTE]

    35%.  Hello black market!

     

    Also, the federal govt. does not recognize business expenses.

    [/QUOTE]

    No it won't lead to the black market...why go to the black market and get busted (which they'll do in a heart beat for skirtting tax laws) to sell something already legal...people who want to smoke will be happy and greatful to pay a tax on weed...it's not like they'll be paying inflated mega-prices for peace weed after more states get into the biz, which they will...the people are tired of their kids racking up arrest records over nothing and filling jails with dumb A_sess who get caught...the single biggest reason for doing this, aside from the tax revs, is to stop all the death coming into our borders from Narco gangs from Mexico and here...a bag of weed is the single dumbest reason to get shot I can think of...and yes, the "war on drugs" is a complete failure....

    Can you be addicted to weed?...yeah, like almost anything else, not physically, but ceratinly psycologically...just look at Bustchise...people are going to do what they will do whether it's legal of not...as for increasing the number of people doing other drugs as a result, it's no worse, IMO, than saying drinking leads to coke or heroin use...the same comparisons can be made about any drug...

    As far as I'm concerned, if the youth of this country want to stay drug addled by smoking weed all day long, that's on them...more jobs left for my kids to grab...like I said, you can become addicted to anything...like gambling, sex, food, sugar, guns, conspiracy theories, conservative politics...what you sees depends on where you sits

    [/QUOTE]

    No it won't lead to the black market...why go to the black market and get busted (which they'll do in a heart beat for skirtting tax laws) to sell something already legal...people who want to smok

     

    yes it will.  It's everywhere.  nothing is coming from the Mexican border, it's here.

     
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  13. You have chosen to ignore posts from melswitts. Show melswitts's posts

    Re: OT - Cannabis in Colorado

    In response to PhatVirgin's comment:
    [QUOTE]

    In response to melswitts' comment:
    [QUOTE]

    where's the proof?

    [/QUOTE]


    Now you're back on that childish "Prove it" crud...you are a moke man...get sober and wake the F up...go away child...EVERYONE HERE KNOWS YOU ARE BUSTCHISE...ASK THEM...GO AHEAD...

    [/QUOTE]

    That's pretty lame rusty Laughing

    The only person who I fooled was you. And it's still working, isn't it? This also proves you don't have a photographic memory...lol

    so easy...

    [/QUOTE]

    No...I Fooled YOU Dinkwad...I'm NOT RUSTY...

     
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  16. You have chosen to ignore posts from mrmojo1120. Show mrmojo1120's posts

    Re: OT - Cannabis in Colorado

    http://www.fool.com/investing/general/2014/01/01/9-things-to-know-before-smoking-marijuana-legally.aspx#.UsRe8dIeSSo

    We're only a few hours into the New Year, but one thing can be said with a high degree of certainty: 2014 will go down in history books as the year that marijuana began its official nationwide trek toward legality.

    As you read this, lines have formed at hundreds of marijuana dispensaries throughout Colorado, which, along with Washington, became the first states on Wednesday to allow the sale of cannabis for recreational use. Smoking a joint is now legally indistinguishable from drinking a beer in these two states -- absent, of course, federal law.

    For those of you that have decided to partake in this watershed event -- for better or for worse -- here is a list of nine things that you should know before lighting up in Colorado.

    1. Is marijuana really legal in Colorado?

    The answer to this is both yes and no. From a state law standpoint, it is now legal to buy, possess, and consume marijuana for recreational use in Colorado. From a federal standpoint, however, all of these activities are still illegal, as cannabis remains a Schedule 1 drug (meaning that it has "no currently accepted medical use and a high potential for abuse").

    The good news (at least for those of you interested in partaking in this newfound freedom) is that the federal government isn't likely to get involved. In August, the U.S. Department of Justice published the so-called Cole memorandum (link opens PDF), laying out eight "enforcement priorities," beyond which it will defer to state and local law enforcement agencies to "address marijuana enforcement of their own narcotics laws."

    As a result, so long as you don't distribute it to minors, transport it across state lines, drive while under the influence, possess it on federal property, or run afoul of the other priorities laid out in the Cole memorandum, then it seems safe to assume that adherence to Colorado's laws (covered below) will likely shield you from legal problems.

    2. Who can buy weed in Colorado?

    Starting Jan. 1, anybody over the age of 21 (with a valid government-issued photo identification) can walk into a licensed dispensary and purchase marijuana.

    3. Where can you buy it?

    Only licensed retail dispensaries are allowed to sell marijuana in Colorado. Fear not, however, as there are a growing number of these across the state.

    According to recent figures, the Marijuana Enforcement Division, the governmental agency tasked with regulating the industry, has issued 136 recreational licenses to retail stores throughout the state.

    The official list of qualified retail locations is available here (link opens PDF). Additionally,here is a map of the both medical and recreational dispensaries throughout Colorado.

    4. How much can you buy?

    This depends on whether or not you're a Colorado resident.

    If you are, then you can buy up to an ounce per visit for recreational use -- the limit is two ounces for holders of a medical marijuana card. If you aren't, then you're limited to a quarter of an ounce per visit.

    Given that you could make multiple visits in a single day, in turn, the more pertinent question concerns how much you can legally possess. The answer to this question is one ounce.

    5. How much does marijuana cost in Colorado?

    This is likely to change around the turn of the year as the new recreational laws take effect. If demand soars as some are predicting, then the price will likely rocket higher due to limited supply.

    Either way, initial estimates suggest that recreational marijuana will start out selling for between $50 and $60 per eighth of an ounce after taxes. By comparison, because medical marijuana isn't subject to the same 25% in additional excise and sales taxes, it will likely sell for a considerable discount to recreational cannabis.

    6. Where can you smoke it?

    As a general rule, you're allowed to consume marijuana on private, but not public, property. Beyond that, it's up to local municipalities to dictate consumption rules.

    In Denver, for instance, marijuana can be consumed on private property so long as the use isn't done "openly or publicly." This precludes public transportation, schools, sporting venues, parks, playgrounds, sidewalks, and roads, among other places.

    7. Can you also grow it yourself?

    Yes. Adult residents of Colorado are allowed to grow up to six plants in their home. However, no more than three can be in the flowering stage at any one time, and there can be no more than 12 plants at a single residence, regardless of the number of occupants.

    8. What's in it for Colorado?

    The short answer is: tax revenue. In the most recent fiscal year, Colorado generated $9.1 million in retail sales tax from the sale of medical marijuana. This figure is bound to surge with the introduction of recreational sales and the additional 25% in excise and sales taxes thereon in 2014.

    Beyond this, the industry generates millions of dollars every year for the state from licensing and application fees. To apply for and obtain a license to run a medical marijuana facility serving more than 500 patients, for instance, the necessary application and license fees alone approach $40,000.

    9. Where does all of the legal weed come from?

    Under the current laws of Colorado, all of the marijuana sold in the state must be grown there as well -- this, as a side note, follows similarly from the federal proscription on interstate distribution of controlled substances. As a result, there's a growing industry of marijuana farmers that's sprouted up throughout the state.

    While the size of each operation varies -- ranging from a few hundred to tens of thousands of square feet -- the only thing they all have in common is growth. "We can't grow the stuff fast enough to sell it," a local cannabis cultivator told me during a tour of his facilities.

     
  17. You have chosen to ignore posts from MoreRings. Show MoreRings's posts

    Re: OT - Cannabis in Colorado

    In response to DeadAhead's comment:
    [QUOTE]

    In response to coolade2's comment:
    [QUOTE]

    legalization is a good compromise but the government regulation still is grotesque.

    The taxation   30%   ?

    Can't smoke anywhere.

    Increased enforcement of "state regulations".


    this is an experiment.  A better system would be a local economy system where local growers could sell to local buyers with a minimal transaction fee going to the government.

    What people do with their weed should just follow simple laws of decency and respect for others, and safety defined by commonly incurred risks.

    The rest is just people chasing the money.

     

    [/QUOTE]

    I think that will loosen once this gets going.  

    Judges are not going to want to deal with tickets for people smoking a doober walking down the street somewhere. It's just not going to hold.  They have too maby things to deal with and the money for the courts won't be there. Also, the regulation and tax is the transaction fee, so I don't get your point there.

    Again, this is no different than an alcohol or cigarette tax. The tax will either be lowered or raised based on demand.

    As long as they keep the cost of the weed and tax at or below the black market value, they can't miss.

    It will just be nice for once for people who innocently want to buy weed to not have to worry about driving home or being shaken down in certain situations for possessing weed. It's a definite good first step, with logical tweaks likely to follow.

    Again, this is no different than alchohol and tobacco. 

    Look at this way:  Do cops shake people down for carrying a flask and drinking in public? No.

    That same thing will now help the long hairs and minorities who are harrassed by cops in that way.

     

    [/QUOTE]

    Again, this is no different than an alcohol or cigarette tax. The tax will either be lowered or raised based on demand.

     

    There is the problem.  With licensing fees, multiple stores/warehouses, 35% tax and regulations that change by the minute, the other however many million in Co have the advantage.

     
  18. You have chosen to ignore posts from NoMorePensionLooting. Show NoMorePensionLooting's posts

    Re: OT - Cannabis in Colorado

    In response to DeadAhead's comment:
    [QUOTE]

    In response to NoMorePensionLooting's comment:
    [QUOTE]

    Well, I'm old school and this makes no sense to someone like me. Weed is a gateway drug in my mind and is not harmless. Last week a PO in Texas was shot to death in a no knock warrant for weed and a few states away they are selling it like tobacco....what am I missing?

    [/QUOTE]

    Are cigarettes and alcohol gateway drugs or not?  You do realize the only reason you have the opinion you do is because you were born in an era where it was common to think that way, right?

    I smoked a cigarette and tried beer long before I tried marijuana.

    Prior to 1937, when marijuana was legal and smoked or used as hemp and to produce textiles or other products, it was never considered anything taboo.  You realize this, right?

    Are you in favor of alcohol prohibition or banning cigarettes because they are dangerous and proven health risks to society and rising healthcare costs?

    I go by facts and professional analysis, so when the medical community sees more value in marijuana than alcohol, I listen. I also like common sense and data that proves the economic benefit of something.

    The fact is, none of these things are healthy, but there is no way to control them from existing and we've wasted millions and now billions and billions of dollars through the years, by not conceding the fact people will smoke marijuana, legal or not.

    We could literally bring in over 1 billion annually at the federal level if all 50 states legalized this tomorrow, if not more, if you include a further tax on hemp products used in currently closed textile mills here.  

    It's simple business more than anything else. The US gov't realized their anti-Irish Prohibition movement in post World War I America, was a waste of resources and a loss of revenue, so it was repealed in 1933 during the Great Depression.

    With jobs so limited in 1937, to block Mexicans from being paid less, the Us Gov't created a law to make marijuana illegal.

    Since then, it's remained illegal because it gives prisons prisoners (private prisons in conjunction with mandatory minimums have become a billion dollar racket), gives cops something to do and lawyers a job. But, times change and when times change, initelligent societies adjust.

    To me, this couldn't be any clearer.

    [/QUOTE]


    Well...yes I realize my age is showing but I gotta go with my gut...and my gut tells me no good will come from leagalizing drugs IMHO.

     
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  21. You have chosen to ignore posts from kelvana33. Show kelvana33's posts

    Re: OT - Cannabis in Colorado

    I'm interested to see how it works.

    Concerns I have is that we already have enough people dying becuase too many morons can't handle their alcohol. If you think marijuana does not impair your ability to operate a motor vehicle than your not too intelligent.

    It is a gateway drug. Show me one junkie who didnt start out on weed. At some point, for some people the high from weed just isnt enough.

    I think alcohol is worse and effects many more people. I know thats the case becuase it is legal. I hope the same mistake is not being made.

    Drunks stink. Yes, and so do weed smokers.

    Cigarettes, I don't care about, someone wants to give themselves cancer one puff at a time, be my guest, for the most part, especially with all the new rules in place they dont bother many people.

     
  22. You have chosen to ignore posts from MoreRings. Show MoreRings's posts

    Re: OT - Cannabis in Colorado

    In response to DeadAhead's comment:
    [QUOTE]

    In response to MoreRings' comment:
    [QUOTE]

    In response to DeadAhead's comment:
    [QUOTE]

    In response to coolade2's comment:
    [QUOTE]

    legalization is a good compromise but the government regulation still is grotesque.

    The taxation   30%   ?

    Can't smoke anywhere.

    Increased enforcement of "state regulations".


    this is an experiment.  A better system would be a local economy system where local growers could sell to local buyers with a minimal transaction fee going to the government.

    What people do with their weed should just follow simple laws of decency and respect for others, and safety defined by commonly incurred risks.

    The rest is just people chasing the money.

     

    [/QUOTE]

    I think that will loosen once this gets going.  

    Judges are not going to want to deal with tickets for people smoking a doober walking down the street somewhere. It's just not going to hold.  They have too maby things to deal with and the money for the courts won't be there. Also, the regulation and tax is the transaction fee, so I don't get your point there.

    Again, this is no different than an alcohol or cigarette tax. The tax will either be lowered or raised based on demand.

    As long as they keep the cost of the weed and tax at or below the black market value, they can't miss.

    It will just be nice for once for people who innocently want to buy weed to not have to worry about driving home or being shaken down in certain situations for possessing weed. It's a definite good first step, with logical tweaks likely to follow.

    Again, this is no different than alchohol and tobacco. 

    Look at this way:  Do cops shake people down for carrying a flask and drinking in public? No.

    That same thing will now help the long hairs and minorities who are harrassed by cops in that way.

     

    [/QUOTE]

    Again, this is no different than an alcohol or cigarette tax. The tax will either be lowered or raised based on demand.

     

    There is the problem.  With licensing fees, multiple stores/warehouses, 35% tax and regulations that change by the minute, the other however many million in Co have the advantage.

    [/QUOTE]

    No, they don't.  Like I said the gov't now has the ability to undercut the black market.

    Again, when alcohol was legalized again in 1933 we heard this same crap and obviously none of it ever came true.  People didn't stick with the black market because prices always undercut it, the risk wasn't worth it and here we are.

    Do you really buy black market alcohol or cigarettes? Of course you don't. 

    Over time, the market will settle and the risk/cost to keep mfg and moving weed for the black market will be seen as a waste of time/resources. They'll just adopt to something else like crystal meth or something. They're not going to waste their time on such crappy margins.

    I know the drug companies also hate this, which cracks me up.

    [/QUOTE]

    Agreed about the drug companies. Funny.

    alcohol and cigarettes are not taxed 35%

    The govt had the ability to undercut the market, they didn't.

     

     
  23. You have chosen to ignore posts from wozzy. Show wozzy's posts

    Re: OT - Cannabis in Colorado

    Wow all this back and forth over smoking weed and that has NEVER been the issue.

    The powers that be don't want mass industrial hemp farming, they could give a rat's azz if you toke a little cheeba. 

    Textiles, oil, paper, etc... this stuff would hurt them in the pocket.  The alcohol lobby spends money to fight the legalization because it would make people drink less believe it or not, otherwise it is these other industries that have fought this all these years.

    Reefer Madness and all the hysteria was just a pretext to outlaw the farming of something that couldn't be controlled, grows like a weed and frankly would do more to clean our enviornment than all the recycling we could ever attempt.

     
  24. You have chosen to ignore posts from kelvana33. Show kelvana33's posts

    Re: OT - Cannabis in Colorado

    In response to wozzy's comment:
    [QUOTE]

    Wow all this back and forth over smoking weed and that has NEVER been the issue.

    The powers that be don't want mass industrial hemp farming, they could give a rat's azz if you toke a little cheeba. 

    Textiles, oil, paper, etc... this stuff would hurt them in the pocket.  The alcohol lobby spends money to fight the legalization because it would make people drink less believe it or not, otherwise it is these other industries that have fought this all these years.

    Reefer Madness and all the hysteria was just a pretext to outlaw the farming of something that couldn't be controlled, grows like a weed and frankly would do more to clean our enviornment than all the recycling we could ever attempt.

    [/QUOTE]

    I dunno, all those empty bags of Cheetos and Doritos blowing around the neighborhoods because theyre too lazy to throw them away might cancel it out.

     
  25. You have chosen to ignore posts from magicalhobo. Show magicalhobo's posts

    Re: OT - Cannabis in Colorado

    I drank a little bit of alcohol and smoked some pot throughout college. Whenever I would drink I would do a lot of stupid stuff and feel horrible the next day or two because of the hangover. Whenever I smoked I ate extra in the dining hall and then listened to music/studied for the rest of the night. The next day I felt fine and would work and go to class at night.

    I smoked some throughout highschool and college, but I never had any desire to try anything else. I quit smoking when I finished school. Do I miss it? Not really. Did it hurt my life-long goals? It would have if I was caught, but luckily I wasn't.


    Which I think is pretty ridiculous since I smoked in the past. Yeah, it's hard to think of an accountant smoking pot, but what crimes have I committed during my lifetime? Buying and smoking pot is about it, and I would consider myself a worthy contribution to society. I think the majority of people who smoke pot aren't interested in or are too scared to take hard drugs. It just happens that a lot of the people who are interested in hard drugs start off with pot. I honestly don't think that legalizing pot will increase hard drug usage that much.


    There is no doubt that pot will help out the states tremendously. Less tax dollars will go into policing it, and the courts will be freed up a bit. It will also open new businesses, which helps out almost everyone. I really think they should legalize it federally.

     
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