As a former cannabis entrepreneur, I became well versed in all the legal and economic aspects of the pot industry. I can even explain how Colorado came up with that unusual 26% tax rate for recreational use pot as I myself calculated a proper tax rate of 25.8% on my financial model, but lets save that for a more lengthy, boring, nerdy article. For this article, let's stick with legal and basic economics.
With, pot being legal in some states and not others, pot friendly states could have found themselves caught in legal issues if they were allowing pot to be sold in their states that were produced in states where it were illegal. This is why it is required that all pot farmers tag each and every plant with an RFID tag from sprout through harvest. This not only prevented criminals from non pot-friendly states from profiteering from this booming industry but also boosts state tax revenues from pot production.
If pot were legal nationwide, that regulating tool that each state has to keep wealth away from criminal enterprises would become useless. You readers might also be surprised to know that this policy was in place in the original bill Colorado passed... a model that was adopted by each and every other state that has followed suit in adopting the cannabis industry. Bravo to Colorado for doing it first and doing it right!
::: applause :::
::: confetti :::
Now that you all have a good grasp on that policy and how it can be used to control not only the flow of marijuana itself, but also the flow of wealth, simply apply that policy upon the rest of world and you now have your answer as to why the Honorable Jeff Sessions has continued to maintain his stance on marijuana. The national ban not only closes a critical revenue channel to international criminal organizations, it also preserves our domestic industry and assures that Uncle Sam will always be able to continue funding the greatest military force the world has ever seen.
In addition, this policy also allows states that aren't culturally ready for recreational use of pot to ease in to the idea. Conservatives do progress, just... a little more cautiously. Okay, A LOT more cautiously, but I'm not gonna get into that. None the less, the industry is still moving forward and we can soon look forward to treeless paper for the painters and hemp fiber body kits for the fast and furious. Except California of course.
California will definitely find a way to "regulate" that. California regulates everything. The Californian dictionary defines the word "regulate" as "holding an industry hostage for lobby money". It's okay... I can say that... I'm a broke Californian. Nobody pays taxes better than a Californian. Around here, we call 'em "fees".
Definitely not a JS fan, but this makes sense. Another reason I considered was the connection to Big Pharma. Medical and legal pot, in the hands of corrupt industries, turns into something sinister. Who would trust "Pot" brought to you by Proctor & Gamble, "Marijuana" by Monsanto?
that is also a good point. The idea of Monsanto getting into it makes me shudder. awful. Best to keep them out, and the only really effective way to do that would be the current situation-- legal in some places, but not legal enough for the Big Un's to risk.
Well... Monsanto could get into the industry if they want it. Kinda like how some guns are banned in California but not others. I wouldn't be surprised if Monsanto already has subsidiaries in each state growing pot.
From what I've heard about the retail sector of pot, the pot shops that are in good with the local government will send cops to harass customers smoking outdoors around competing shops. That was one of the reasons why I never moved to Portland. I wasn't in good with the community enough to assure I wasn't gonna get pushed out. Plus, Oregon also evoked Colorado's policy of requiring two years of residency in order to even apply for a permit to handle cannabis. Gold rush prevention policy.
I agree with you Beanster. There's no doubt in my mind that Big Pharma has had their hand in this in modern days considering the original pot ban was pushed by the lumber industry. I also heard in a recent Joe Rogan podcast that Henry Ford's earlier prototypes used hemp to make body panels, which now leads me to believe that Andrew Carnegie also had a hand in the pot ban.
I think I wrote this though b'cuz it's a noble explanation that's often overlooked. I don't always agree with the government but I don't think they're all bad either. Plus, it's not like the rest of the country isn't gonna be able to get a hold of some pot =D
Interesting take. Well written and reasoned.
Thank you good sir! =)
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