Alberta Government Expects to lose 36 Million On Cannabis Sales This Year

westcoast420

Well-Known Member
Hahahaha too funny, tens of millions in loses for the next number of years with no path to profits!

BREAKING: Alberta expects to lose money on its pot business over the next 3 years. The province said it expects to lose $36M in its current fiscal year, falling to a $25M loss in FY21 and $24M in FY22. Alberta forecasts tax revenues of $74M this fiscal year and $84M in FY22.
 

H G Griffin

Well-Known Member
I don't get all the glee.

You do realize that government money is taxpayer money, don't you? That's our money lost. Why are you laughing?

Just like most of the investor money lost in private weed companies belonged not to scary evil capitalists but to Joe the Working Man who bought some stock and was trying to invest for his retirement. The layoffs are of working people who are trying to feed their families.

Yet people on here do a happy dance every time a story like this is published. Do you not understand what is actually happening, or are you just jerks?
 

TheRealDman

Well-Known Member
I don't get all the glee.

You do realize that government money is taxpayer money, don't you? That's our money lost. Why are you laughing?

Just like most of the investor money lost in private weed companies belonged not to scary evil capitalists but to Joe the Working Man who bought some stock and was trying to invest for his retirement. The layoffs are of working people who are trying to feed their families.

Yet people on here do a happy dance every time a story like this is published. Do you not understand what is actually happening, or are you just jerks?
We’re just jerks who could care less about wannabe get rich LP investors, or employees who work for them. Lotsa jobs out there that don’t require you to sell your soul, or involves slave labour...in return for a crappy wage and worthless stock options!
 

BurtMaklin

Well-Known Member
I don't get all the glee.

You do realize that government money is taxpayer money, don't you? That's our money lost. Why are you laughing?

Just like most of the investor money lost in private weed companies belonged not to scary evil capitalists but to Joe the Working Man who bought some stock and was trying to invest for his retirement. The layoffs are of working people who are trying to feed their families.

Yet people on here do a happy dance every time a story like this is published. Do you not understand what is actually happening, or are you just jerks?
Nobody gave a shit about the families of the actual activists that brought you legal weed, while they (govt) was spending "our" tax dollars rounding us up and tossing us in jail, ruining the rest of our lives with criminal records. I was lucky and came out unscathed, but friends were not so lucky and I watched their children grow up without them while the banks repossessed their homes and police seized their bank accounts and assets as "proceeds of crime".

Save us your moral outrage.
 

gb123

Well-Known Member
I don't get all the glee.

You do realize that government money is taxpayer money, don't you? That's our money lost. Why are you laughing?

Just like most of the investor money lost in private weed companies belonged not to scary evil capitalists but to Joe the Working Man who bought some stock and was trying to invest for his retirement. The layoffs are of working people who are trying to feed their families.

Yet people on here do a happy dance every time a story like this is published. Do you not understand what is actually happening, or are you just jerks?
someone really doesnt quite understand here
....lol at what you think
stick around and start reading...... BACK ABOUT 7 years. If that doesnt help Keep reading back until you find out who is who and what is what
 

cannadan

Well-Known Member
I don't get all the glee.

You do realize that government money is taxpayer money, don't you? That's our money lost. Why are you laughing?

Just like most of the investor money lost in private weed companies belonged not to scary evil capitalists but to Joe the Working Man who bought some stock and was trying to invest for his retirement. The layoffs are of working people who are trying to feed their families.

Yet people on here do a happy dance every time a story like this is published. Do you not understand what is actually happening, or are you just jerks?
where have you been????? up till now....cause we have been here all along...and despite the fact that we tried and educate them they basically told us to g f ourselves.... and locked us all out of the consultation....
glee is an understatement....giddy is more like it
 

westcoast420

Well-Known Member
I don't get all the glee.

You do realize that government money is taxpayer money, don't you? That's our money lost. Why are you laughing?

Just like most of the investor money lost in private weed companies belonged not to scary evil capitalists but to Joe the Working Man who bought some stock and was trying to invest for his retirement. The layoffs are of working people who are trying to feed their families.

Yet people on here do a happy dance every time a story like this is published. Do you not understand what is actually happening, or are you just jerks?
You must be new here :rolleyes: . Of all the shit our tax dollars get waisted on I’m more than happy to see the greedy ass governments lose money when they all thought they would be raking in millions of profit. They created the system so that it’s almost impossible to profit at any point from seed to sale. If you ever want an industry to fail and lose money let the government control it.
 

cannadan

Well-Known Member
There is a 14 year old teenager in every mid sized town in the country who started out buying an oz of bud from his older brother and turned it into a lifestyle and a camero by the time he was 18 and on into a lavish lifestyle for a high school kid...why because people like weed,and even a 14 year old can profit on cannabis... Only the government can lose millions selling cannabis.... the high school kid will re up his oz a 1000 times and profit on every sale...
 

greg nr

Well-Known Member
There is a 14 year old teenager in every mid sized town in the country who started out buying an oz of bud from his older brother and turned it into a lifestyle and a camero by the time he was 18 and on into a lavish lifestyle for a high school kid...why because people like weed,and even a 14 year old can profit on cannabis... Only the government can lose millions selling cannabis.... the high school kid will re up his oz a 1000 times and profit on every sale...
Until some small town cop busts their ass, seizes the car and cash and a court sends them to jail for a few years. Now that's a use tax.
 

oopsididit

Well-Known Member
There is a 14 year old teenager in every mid sized town in the country who started out buying an oz of bud from his older brother and turned it into a lifestyle and a camero by the time he was 18 and on into a lavish lifestyle for a high school kid...why because people like weed,and even a 14 year old can profit on cannabis... Only the government can lose millions selling cannabis.... the high school kid will re up his oz a 1000 times and profit on every sale...
How'd you know my life story? Traded the Camero for a Tesla tho.
 

2klude

Well-Known Member
Until some small town cop busts their ass, seizes the car and cash and a court sends them to jail for a few years. Now that's a use tax.
I've never been pinched for anything marijuana related... its easy to be legal and fully compliant now but back in the day hear of someone getting caught there was something really stupid they did to get them caught.

You know the saying... No tell, no smell and only sell to 1 broker hehe... you wont get caught
 
Last edited:

2klude

Well-Known Member
How'd you know my life story? Traded the Camero for a Tesla tho.
lol, I went from a fixed up Import, then to a zo6 vette, couple lifed trucks, now 20 years later I've got a choice between taking out the Toyota Sienna or the Prius.
 

Egzoset

Well-Known Member
...are you just jerks?
Present!!

M'well, there's just no way i could beg for an exception permit from H.-C., using puppy eyes as the ultimate ultimatum and all... What a misery to be reminded, on a Chistmass day! In any case i'm not the least bit more open to pass the SQdC door after being forced to show my ID card(s) 1st.

The only legal exit for Québekers is cooperatives and those who don't like to share sure don't seem to welcome such "bolchevic" ideas neither i'm afraid!


...

:peace:
 
Top