The future of marijuana wears a suit.

Unclebaldrick

Unclebaldrick

Well-Known Member
Dang,I have seen the future of marijuana; and it wears a suit.

Spent the day at the Marijuana Business Conference. Funny how easily calling it cannabis became a habit. It feels good to call it marijuana again.

So anyway, the thing is in downtown Chicago at the site of the '68 Dem Con (but unlike that event, I never smelled weed once [i suspect edibles]). It is impossible for me to walk into that joint without "won't you please come to Chicago..." running through my brain.

I may have a lot to write later but this show sets a fucking grueling schedule starting at 7 and running until 7 and I am tired.

One thing I have to say is that I always tended to poo-poo the claims of people about the numbers of jobs at stake in legalization. I won't do that again.

I spoke to a lot of exibitors today. It is pretty clear that there are a whole bunch of small manufacturers looking to keep a lot of factory jobs going. I believe we have finally gotten to the point where people are jumping in without a lot of hesitation.

I spoke with a guy from my wife's home town who has been manufacturing greenhouses out of Ohio. Fifty years in business with no real growth for ten, but he, like a lot of others are staking a lot on building out east Coast Growers.

Then there was a guy from Dallas representing a 110 year old company that makes safes. Fancy, compartmentalized programmed safes. All of them made here in the states. The last ten years, the only growth they have had has been in selling to pawn shops. But dispensaries might keep them all working.

Most of them aren't making money yet, but there they are in their suits and ties manning their booths.

Fucking venture capitalists too. Venture capitalists. Private equity funds, insurance brokers, ATM manufacturers, sellers of little plastic containers and display cases. Crazy shit.

I am starting to think that even the Republicans can't stop this.
 
Last edited:
tyler.durden

tyler.durden

Well-Known Member
Unclebaldrick said:
Dang,I have seen the future of marijuana; and it wears a suit.

Spent the day at the Marijuana Business Conference. Funny how easily calling it cannabis became a habit. It feels good to call it marijuana again.

So anyway, the thing is in downtown Chicago at the site of the '68 Dem Con (but unlike that event, I never smelled weed once [i suspect edibles]). It is impossible for me to walk into that joint without "won't you please come to Chicago..." running through my brain.

I may have a lot to write later but this show sets a fucking grueling schedule starting at 7 and running until 7 and I am tired.

One thing I have to say is that I always tended to poo-poo the claims of people about the numbers of jobs at stake in legalization. I won't do that again.

I spoke to a lot of exibitors today. It is pretty clear that there are a whole bunch of small manufacturers looking to keep a lot of factory jobs going. I believe we have finally gotten to the point where people are jumping in without a lot of hesitation.

I spoke with a guy from my wife's home town who has been manufacturing greenhouses out of Ohio. Fifty years in business with no real growth for ten, but he, like a lot of others are staking a lot on building out east Coast Growers.

Then there was a guy from Dallas representing a 110 year old company that makes safes. Fancy, compartmentalized programmed safes. All of them made here in the states. The last ten years, the only growth they have had has been in selling to pawn shops. But dispensaries might keep them all working.

Most of them aren't making money yet, but there they are in their suits and ties manning their booths.

Fucking venture capitalists too. Venture capitalists. Private equity funds, insurance brokers, ATM manufacturers, sellers of little plastic containers and display cases. Crazy shit.

I am starting to think that even the Republicans can't stop this.
Click to expand...

7 to 7? Yikes, that sounds a lot like work. It was cold as fuck today, too. Good man for putting your time in, hope your venture takes off and makes a million...
 
lahadaextranjera

lahadaextranjera

Well-Known Member
Unclebaldrick said:
Actually, I think there will be a time when we look back on the black market with fondness.
Click to expand...

You see! I told you this ages ago!

Work has never been so plentiful but you were always pro black market before! I have no idea why? At least you have see the possibilities for your own eyes.
 
Last edited:
Unclebaldrick

Unclebaldrick

Well-Known Member
lahadaextranjera said:
You see! I told you this ages ago!

Work has never been so plentiful but you were always pro black market before! I have no idea why? At least you have see the possibilities for your own eyes.
Click to expand...
No, it's not that. I wasnt pro Cold-War, but I miss it. It's complicated. But I do not believe I ever said that I am pro-black market, just that a lot of us will miss certain aspects of it.

Oh, you pulled a quote. Yeah, I stand by that. Picture a time in the future where you are growing in a Place that is open to inspectors and spending plenty of time plugged into you "seed to sale" software. Oh, and you have to grow twice the amount to earn half as much.

It wasn't the suits I was thinking about when I said that.

I don't think that we disagree on the black market. I consider it a horrible market distortion and have a lot to gain from it going away. But I will miss a lot of it. I have met the best friends I have ever had because of the black market. Buying weed was a social connection if you were lucky. It would not have been the same if we were all buying it from a dispensary. But that same black market killed some of them too.

Honestly, I envy your model (and your legs, I would look great on those). The social clubs look fantastic. I wish we had anything like them here.
 
Last edited:
WeedFreak78

WeedFreak78

Well-Known Member
UncleBuck said:
thank goodness for the suits.

if there is one thing i hate about cannabis it is the culture of the users.
Click to expand...
I don't care for "The suits" I think they are going to F up legalization with unneeded regulations that will favor business over personal production..but we'll have to wait and see....I also can't stand the culture..how is it that deadheads and wanna-be ratafari have been the spokesman of cannabis culture for 40+ years?? The only people I meet that act like that are generally teens to early 20-somethings..and even when i was in that age range most of the regular tokers didn't act like that..only the people who wanted to flaunt the fact the were a stoner..
 
Unclebaldrick

Unclebaldrick

Well-Known Member
WeedFreak78 said:
I don't care for "The suits" I think they are going to F up legalization with unneeded regulations that will favor business over personal production..but we'll have to wait and see....I also can't stand the culture..how is it that deadheads and wanna-be ratafari have been the spokesman of cannabis culture for 40+ years?? The only people I meet that act like that are generally teens to early 20-somethings..and even when i was in that age range most of the regular tokers didn't act like that..only the people who wanted to flaunt the fact the were a stoner..
Click to expand...
+ rep
 
ttystikk

ttystikk

Well-Known Member
Sooner or later I'm going to have to suit up. I've been that guy before, so it will feel familiar enough... but I'm still not looking forward to it.
 
Hookabelly

Hookabelly

Well-Known Member
WeedFreak78 said:
I don't care for "The suits" I think they are going to F up legalization with unneeded regulations that will favor business over personal production..but we'll have to wait and see....I also can't stand the culture..how is it that deadheads and wanna-be ratafari have been the spokesman of cannabis culture for 40+ years?? The only people I meet that act like that are generally teens to early 20-somethings..and even when i was in that age range most of the regular tokers didn't act like that..only the people who wanted to flaunt the fact the were a stoner..
Click to expand...
Unclebaldrick said:
+ rep
Click to expand...
Well said. Do you all think that the legalization of bud nationwide will create THAT many jobs? I mean, it's accepted her in WA state, but I have friends who have large sales territories and they come back and tell me that weed is still considered "a harmful, scary drug" by many in the mid west and the south. I thought it would catch on much quicker than it has. I'm surprised (especially here) that everyone isn't jumping on the weed farming bandwagon.
 
Trousers

Trousers

Well-Known Member
UncleBuck said:
thank goodness for the suits.

if there is one thing i hate about cannabis it is the culture of the users.
Click to expand...

I love weed. I have been smoking it for over 30 years. It is my favorite thing.
The 420 deal in Colorado looks like the 7th layer of hell to me. I have not set foot in a 420 deal since the 1980s.
I would rather have a root canal.


I bought a couple weed stocks in November for fun and they are crushing it.
GWPH and INSY.


Unclebaldrick said:
Yeah, I had to sit through "Two Princes" by Spin Doctors the other day, I understand.
Click to expand...
 
Trousers

Trousers

Well-Known Member
Hookabelly said:
Well said. Do you all think that the legalization of bud nationwide will create THAT many jobs? I mean, it's accepted her in WA state, but I have friends who have large sales territories and they come back and tell me that weed is still considered "a harmful, scary drug" by many in the mid west and the south. I thought it would catch on much quicker than it has. I'm surprised (especially here) that everyone isn't jumping on the weed farming bandwagon.
Click to expand...


There are over 16,000 people licensed to work in the Cannabis industry in Colorado.
I would love to grow hemp, but I can't. The regs in Colorado are still very strict and I can not chance losing property to the feds over hemp.

We are the only industrialized country in the world that still has hemp illegal. We import over $500 million dollars a year of hemp products from China and Canada for fucks sake. I yell at assholes about this all the time.

The only "good" or at least reasonable answer I have gotten why hemp should be illegal is still bullshit born out of ignorance.
"If we allow hemp, the criminals will grow marywanna with it."

 
lahadaextranjera

lahadaextranjera

Well-Known Member
Unclebaldrick said:
No, it's not that. I wasnt pro Cold-War, but I miss it. It's complicated. But I do not believe I ever said that I am pro-black market, just that a lot of us will miss certain aspects of it.

Oh, you pulled a quote. Yeah, I stand by that. Picture a time in the future where you are growing in a Place that is open to inspectors and spending plenty of time plugged into you "seed to sale" software. Oh, and you have to grow twice the amount to earn half as much.

It wasn't the suits I was thinking about when I said that.

I don't think that we disagree on the black market. I consider it a horrible market distortion and have a lot to gain from it going away. But I will miss a lot of it. I have met the best friends I have ever had because of the black market. Buying weed was a social connection if you were lucky. It would not have been the same if we were all buying it from a dispensary. But that same black market killed some of them too.

Honestly, I envy your model (and your legs, I would look great on those). The social clubs look fantastic. I wish we had anything like them here.
Click to expand...
The transitional shift between black market and legislation will never be smooth. The inbetween stage is the grey area, decriminalisation and then the final government decision of legalising it and taking revenue.

Currently no revenue is being taken and the gov and police and not privy to know the whereabouts of grows. There isnt clarification and we need it desperately but in the meantime we know what we can get away with. Ultimately we want to pay tax and go legal. We are already earning less but we sleep well at night and add a few lights to compensate.

With regards to price drops, that's already happened ages ago when the clubs opened. Whenever there is increased supply and then ultimately less demand, the prices drop. We had a price war on a while back and it was ridiculous.

I don't know any growers who have trouble getting rid of their stock because everything has a price, which therefore explains some of the cheaper weeds available. A lot of the clubs have a black market feel because you can't get in without a friend introducing you. They do not feel touristy at all, however they do feel international.

I've been out this evening meeting a friend who is recovering from cancer. I told her I could get her membership and due to her illness she'd get 50% discount as a med user. Great! No, it's not great because she can't take the weed home for fear of a possession charge. Wtf? This I take issue with. I sort her out anyway but what message is the government giving to med users? Legalise it- no problem, take it home.

So as you can see things are not clear cut. The CBD companies are jumping through lots of loopholes. In fact, that's what the whole game is about right now.
 
You must log in or register to reply here.
Top