Legal Weed's Strange Economics in Colorado

Wavels

Wavels

Well-Known Member
Some of you may enjoy this article as I did.
Fascinating to see how this plays out.:leaf:


Libertarians and progressives are thrilled. Addiction specialists are anxious. And economists, well, they’re a little like undergrads lost in a bong-induced thought experiment: One moment the economics of pot seem beautifully elegant, then the real-world implications suddenly become bewilderingly complex.

Excerpted from:http://www.businessweek.com/articles/2014-01-09/colorado-legal-marijuanas-strange-economics?campaign_id=yhoo
 
BrewsNBuds

BrewsNBuds

Active Member
Brew your own beer. Grow your own smoke. Grow your own food in a back yard garden. Government gets $0 in taxes.

And you can thank the Obama's who have a White House homebrew and vegetable garden!

Seriously though, its a very interesting article. The bottom line is the political hacks in Colorado want that tax revenue but they're afraid to drive consumers underground by dicking around too much with already high retail prices.
 
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BigNBushy

Well-Known Member
I think prices are high right one because it's such a new market. Production has not yet caught up with demand.
 
B

BigNBushy

Well-Known Member
I don't think they would go that low. The price has to be higher than the costs of production or no one would produce.

I was a first time grower this year, so your milage may vary, but it took me somewhere around 30 minutes to trim an oz. I realize this can be done quicker, but the skill involved in trimming in a free market would be about an $8/hr job.

If it were treated like corn, I don't see how the price could be much lower than $40 an ounce for decent smoke.
 
Hazydat620

Hazydat620

Well-Known Member
BigNBushy said:
I don't think they would go that low. The price has to be higher than the costs of production or no one would produce.

I was a first time grower this year, so your milage may vary, but it took me somewhere around 30 minutes to trim an oz. I realize this can be done quicker, but the skill involved in trimming in a free market would be about an $8/hr job.

If it were treated like corn, I don't see how the price could be much lower than $40 an ounce for decent smoke.
Click to expand...
8/ hr, your a fucking idiot. It's a free market now retard and I got paid 20 hr, but you come from a background of stealing and making sandwiches, you can never possess any sort of skill or self motivation that would command anything above 8 hr.
 
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ChesusRice

Well-Known Member
BigNBushy said:
I don't think they would go that low. The price has to be higher than the costs of production or no one would produce.

I was a first time grower this year, so your milage may vary, but it took me somewhere around 30 minutes to trim an oz. I realize this can be done quicker, but the skill involved in trimming in a free market would be about an $8/hr job.

If it were treated like corn, I don't see how the price could be much lower than $40 an ounce for decent smoke.
Click to expand...
If it was legal to grow and possess. It would grow like
Well Like weed. Of course it wouldnt be Hydro but it would get you pretty stoned
 
C

ChesusRice

Well-Known Member
Worse part of the weed going up in price
Was in those pre internet days no one knew how to properly dry it so
"mean Green" was making home grown a bad thing
 
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LIBERTYCHICKEN

Well-Known Member
BigNBushy said:
I don't think they would go that low. The price has to be higher than the costs of production or no one would produce.

I was a first time grower this year, so your milage may vary, but it took me somewhere around 30 minutes to trim an oz. I realize this can be done quicker, but the skill involved in trimming in a free market would be about an $8/hr job.

If it were treated like corn, I don't see how the price could be much lower than $40 an ounce for decent smoke.
Click to expand...


If it were fully legal , most would make use of auto-trimmers , Likely thru colectives like some farming equipment
 
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