The legislation would allow adults 21 and older to legally possess, grow and sell marijuana. The state would charge a $50-per-ounce fee and a 9 percent tax on retail sales.



source

it's far from a done deal but it's a step in the right direction.

(01-13-2010, 12:42 PM)velvetfog Wrote:  Complete approval is still a rocky road, but it is a win-win for California if do they get there.
The people want their pot, and the state government desperately needs to find additional sources of revenue.

they reckon it can drag them in 1,6 bill of something like.
if it does get in it will definitely become a cash crop where people are making ten or so bucks a sold ounce and paying the 50 to tax. 60 an ounce, imagine it. they also have to allow home grown sit as well. i presume. i think if they don't get it this time round they will next time round.

arnie may even make them resit for an extra special session.

They'll have to think it through.

Drug dealers won't be happy

(01-14-2010, 03:23 AM)SidewaysDan Wrote:  They'll have to think it through.

Drug dealers won't be happy

maybe they'll be able to get into a legal business at last

(01-13-2010, 12:36 PM)billy Wrote:  The legislation would allow adults 21 and older to legally possess, grow and sell marijuana. The state would charge a $50-per-ounce fee and a 9 percent tax on retail sales.



source

it's far from a done deal but it's a step in the right direction.

In California $50 can buy you 1/8th of 1 OZ of fairly good green
They already charge a 8.25% sales tax on EVERYTHING except food in the state.
So its not to far from fair

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(01-14-2010, 11:44 AM)velvetfog Wrote:  Liquor retailers are quite happy that the booze prohibition ended.
I don't see why it would be any different for the pot dealers.

The pot dealers will have to lower there prices drastically to compete. It is currently a very lucrative business not having to pay taxes and charging the prices they do...
Then some corporate folks (like the cigarette company's) will expand there retail market to cover the weed as well, U KNOW they will they already have the manufacturing plants for it.. It will take very little modification to process cannibus..

(01-14-2010, 10:39 PM)Scrufuss Wrote:  

(01-13-2010, 12:36 PM)billy Wrote:  The legislation would allow adults 21 and older to legally possess, grow and sell marijuana. The state would charge a $50-per-ounce fee and a 9 percent tax on retail sales.



source

it's far from a done deal but it's a step in the right direction.

In California $50 can buy you 1/8th of 1 OZ of fairly good green
They already charge a 8.25% sales tax on EVERYTHING except food in the state.
So its not to far from fair

---

(01-14-2010, 11:44 AM)velvetfog Wrote:  Liquor retailers are quite happy that the booze prohibition ended.
I don't see why it would be any different for the pot dealers.

The pot dealers will have to lower there prices drastically to compete. It is currently a very lucrative business not having to pay taxes and charging the prices they do...
Then some corporate folks (like the cigarette company's) will expand there retail market to cover the weed as well, U KNOW they will they already have the manufacturing plants for it.. It will take very little modification to process cannibus..

if the law gets passed i think you'll see farms in the area cropping it and the price should drop drastically.

Exactly!

(01-15-2010, 11:48 AM)Scrufuss Wrote:  Exactly!

those lucky californicators.

I do not see why legal pot means lower prices. Just means legal pot. If people are paying 300 an ounce now then I would say they will pay 300 or more when it is legal. Just smart business. The market is already there and paying those prices so why charge less. Stands true with the tax on it as well. It's a luxury and there for I see more tax being charged on it a real possibility. You may see a drop for a short time but it won't be much if anything. JMO

i agree with benny,the reason the government thinks of legalisation is money,nothing else.

Well it's another they can tax heavily. However in a country with free healthcare you have to think if the legalisation revennue will actually be less than the health bills. Could be true for some hard drugs leepy:

I don't know what the big deal is about makeing pot legal anyway, make hash legal and then we have something to party about.

what's the difference anyway?same thc

i've never been a bud smoker by choice,hash has always been the european choice[untill home grow i guess] as opposite to n america.
as far as crap being mixed in,one notices pretty quick

Aparently you have never smoked NB hydro.

In comparison, ontario hydro would be a let down. NB hydro is as good as any BC Bud that i have ever smoked. There is one strain that is in fact better than but thats just from my experience. Fellow only grows a small amount so it never leaves the province. The plant is over 20 years old. I'm no pot pro but he did some kind of strain splicing with it. Told me the strains he used but I can't remember at the moment. It is mostly bright red with alot of yellow gold and a shit load of that great sticky white stuff. Enough green for accent. The freakin buds are huge, as a mater of fact each clone matures into A bud.

(01-16-2010, 11:52 AM)srijantje Wrote:  what's the difference anyway?same thc

basically the hash being spoke of is almost like the european resin. it's compressed to form a block, not usually as strong as the bud. as the thc has time to breakdown. the heat of comressing it also allows some of it's strength to vanish. over in europe our hash resin...block etc has been know to have
plastic in it, diesel in it and detritus of all kinds. in europe the resin or block is a lot lot cheaper than the plant. hash is also often described as the parts of the plant after that sticky bud has been removed. it's cheap and you can still get a hit. sometimes thats the part they'll compress under about 20 tons per square inch.

to be sure you have the right thing,you make your own

here in europe they've even been known to doctor skunk(weed)
they dip the bad bud in chems and sand to make it look good the high you get is and can be really bad.

you want the best, then smoke the pollen

Sj has got it.

And man, I'm going to Cali now .

Do you reckon the lew will be approved? Sincerely?