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Old 05-20-2014, 05:26 PM  
Count Alex's Losses Count Alex's Losses is offline
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Legal marijuana created thousands of jobs in Colorado

http://www.vox.com/2014/5/20/5734394...bs-in-colorado

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Marijuana dispensaries characterize it as a bit of a gold rush: the sudden swarm of thousands of people from in and out of Colorado trying to get into the state's new recreational marijuana industry.

"Everybody's expanding right now," Elan Nelson, business consultant for Medicine Man, one of the largest marijuana shops in Denver. "Really, we're just trying to keep up with demand."

Since retail sales of recreational marijuana began in January, the state has seen a small boom in jobs. The Marijuana Industry Group (MIG) estimates there are currently about 10,000 people directly involved with marijuana, with 1,000 to 2,000 joining in the past few months and more expected as high demand for recreational marijuana continues. MIG says it's hard to separate how many of those 10,000 jobs are tied to recreational marijuana and which are exclusively on the medical side, but at least a few thousand jobs came during and after the preparation and start of recreational sales.

In total, the industry makes up only about 0.4 percent of all employment in a state with more than 2.6 million jobs. But these are thousands of people who could otherwise find themselves on the unemployment line. And for Colorado, they're revenue-generating jobs that might not have existed at all if the state didn't allow recreational or medical pot.

The estimate also doesn't include other groups indirectly involved in the industry, including construction workers, accountants, plumbers, electricians, and attorneys. And it leaves out restaurants and other businesses who might benefit from out-of-state visitors going into Colorado to try out legal marijuana.

The marijuana industry doesn't expect its growth to slow any time soon. And there's good reason for that: at least during the first three months of retail sales, marijuana revenue grew from $14 million a month to $19 million a month.

t the same time, Colorado's economy is showing other positive signs of growth — both a good sign for marijuana businesses and an indication that pot isn't scaring away others, despite previous warnings from business leaders. The state's estimated unemployment rate in April was 6 percent, down from 6.2 percent in March and 6.9 percent the year before.

"I don't think we're all of that, but I think we're playing a role," says Mike Elliott, executive director of the MIG.


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Old 05-22-2014, 08:19 AM   #46
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Originally Posted by Prison Bitch View Post
That's true but I'm not sure it matters. If you sold $1,000 of pot to a group of HS students, that would be black market. But you'd simply take that $1,000 and spend it on legit products and services where it'd just be taxed anyway.

JFC. Seriously?

The old system: (1) growers of marijuana, often not in the US, grow it, (2) drug cartels smuggle it into the U.S., (3) giving it to their sellers here, often members of a U.S. crime syndicate, (4) which sold to anyone who had money.

So the money on the transactions are never taxed, and a substantial portion of it is flowing to criminals, who don't report income either, but rather plow the money into growing their criminal empire.


Now the transactions are regulated, the prices are going to be typically lower (I assume, since illegal transactions have higher risk and more challenging logistics), the transactions will be taxed, the income will be taxed, and the profits can be spent legally by law-abiding citizens.

That doesn't even factor in reduced law enforcement costs, and other general societal benefits.

All of which may be outweighed by increased costs associated with increased marijuana use, which is something that we will only be able to evaluate over time.

But YOUR argument is ridiculous (per usual, actually).
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Old 05-22-2014, 08:25 AM   #47
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FYI.


Primary Foreign Source Countries for Marijuana

Domestic marijuana production appears to be at the highest recorded levels; however, production in neighboring Mexico and Canada also supplies much of the demand for marijuana in the United States. Although no reliable estimates exist regarding the amount of foreign-produced marijuana available in the United States, much of the foreign marijuana transported to and available in the United States is produced in Mexico and Canada.

Despite continuing increases in the amount of cannabis produced domestically, much of the marijuana available within the United States is foreign produced. The two primary foreign source areas for marijuana distributed within the United States are Canada and Mexico. Mexico remains the primary foreign source for commercial-grade marijuana in the United States; approximately 15,800 metric tons of marijuana were potentially produced in Mexico in 2007, according to the latest data available from the Central Intelligence Agency Crime and Narcotics Center (CNC). Annual Mexican consumption is estimated at 100 to 500 metric tons;13 consequently, law enforcement officials believe that the majority of the marijuana that Mexico produces is bound for U.S. markets. The government of Mexico (GOM) reports that cultivation and eradication activities are concentrated in 9 states: Sinaloa, Nayarit, Jalisco, Michoacán, Guerrero, Oaxaca, Chihuahua, Sonora, and Durango. Guerrero, Nayarit, and Michoacán are the primary growing areas in Mexico.

Canada is a much lesser, albeit significant, source of marijuana--particularly high-grade marijuana--to U.S. drug markets. According to the Royal Canadian Mounted Police (RCMP), annual Canadian marijuana production is estimated at between 1,399 and 3,498 metric tons; cultivation activities are most predominant in British Columbia, Ontario, and Quebec, where approximately 90 percent of the marijuana is produced. RCMP also reports that approximately 1,749,057 plants were seized by law enforcement agencies in 2006--the most recent year for which these data are available.

Mexico

Mexican DTOs have relocated many of their outdoor cannabis cultivation operations in Mexico from traditional growing areas to more remote locations in central and northern Mexico, primarily to reduce the risk of eradication and gain easier access to U.S. drug markets. According to CNC, Mexican DTOs have relocated many of their cannabis-growing operations from traditional growing areas in the states of Guerrero, Nayarit, and Michoacán to remote mountain areas of Durango, Sinaloa, and Sonora in central and northern Mexico. CNC reports that the relocation is most likely the result of sustained high levels of detection and eradication in traditional growing areas as well as a desire on the part of the DTOs to reduce transportation costs to the Southwest Border and gain more direct access to drug markets throughout the United States.

Canada

Cannabis cultivation in Canada occurs predominantly in British Columbia, Ontario, and Quebec; RCMP estimates that 90 percent of the marijuana produced in Canada is produced from cannabis cultivated in these three provinces. Additionally, cannabis cultivation appears to be increasing in Ontario and Quebec, primarily due to increased law enforcement pressure in and displacement of DTOs and criminal groups from British Columbia. Despite regional changes in cultivation in Canada, marijuana production continues at a relatively high rate, according to law enforcement and intelligence reporting, as well as eradication data. Annual eradication totals for Canada are not available; however, RCMP reports that a total of 806,616 plants and 384 kilograms of marijuana were seized between 2004 and 2008 by the RCMP, Canadian Forces, and local enforcement as part of Operation SABOT--a national interagency effort aimed at eradicating outdoor cannabis cultivation sites.

Asian criminal groups are the primary producers of high-potency marijuana in Canada. Organized criminal groups, particularly Asian, but also Italian organized crime and outlaw motorcycle gangs (OMGs), engage in marijuana production in Canada, largely because of the lucrative market for high-potency marijuana--particularly BC Bud.14 According to RCMP, Asian criminal groups and OMGs are the primary traffickers of marijuana produced in Canada; however, Asian criminal groups--especially those of Chinese and Vietnamese descent--are predominant because of their advanced growing techniques for high-potency marijuana. The RCMP reports that the involvement of Asian criminal groups in technologically advanced indoor grow sites enables the groups to produce marijuana with high THC levels. In fact, the average THC content for marijuana grown in Canada was 10.25 percent in 2006, the latest year for which data were available. Law enforcement reporting indicates that these groups are using the large profits from high-grade marijuana sales to finance other illicit activities, including firearms and cocaine trafficking from the United States.


http://www.justice.gov/archive/ndic/...35/foreign.htm
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Old 05-22-2014, 09:19 AM   #48
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Quote:
Originally Posted by Amnorix View Post
JFC. Seriously?

The old system: (1) growers of marijuana, often not in the US, grow it, (2) drug cartels smuggle it into the U.S., (3) giving it to their sellers here, often members of a U.S. crime syndicate, (4) which sold to anyone who had money.

So the money on the transactions are never taxed, and a substantial portion of it is flowing to criminals, who don't report income either, but rather plow the money into growing their criminal empire.


Now the transactions are regulated, the prices are going to be typically lower (I assume, since illegal transactions have higher risk and more challenging logistics), the transactions will be taxed, the income will be taxed, and the profits can be spent legally by law-abiding citizens.

That doesn't even factor in reduced law enforcement costs, and other general societal benefits.

All of which may be outweighed by increased costs associated with increased marijuana use, which is something that we will only be able to evaluate over time.

But YOUR argument is ridiculous (per usual, actually).


You're ridiculous if you think pot will be any material boon to the government coffers - even if we stipulate every one of your points (which are not correct and I could point to the increased problems assoc with the lack of banking access pot companies have now and the all cash nature of their biz which requires massive security and security is a dead economic spend)
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Old 05-22-2014, 10:09 AM   #49
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I am aware of the issues the marijuana distributors are having with getting traditional banking. I note that some other financial institutions are trying to step into that void. Welcome to capitalism. I imagine it will work itself out eventually.

Security isn't really productive to the larger economy, but it's ****all better than having the money flow to Los Zetas.

"Material boon" to government coffers? No, not really. But better government takes its cut than Sinaloa.
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Old 05-22-2014, 10:15 AM   #50
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Quote:
Originally Posted by Prison Bitch View Post
I don't know much about Colorados labor situation other than what the BLS says and since pot legalization passed, they've lagged the US reduction in unemployment.


The good news is, that's more than you could muster up.
heh so I didn't even need to tear into the data because I saw a fatal error in your "analysis".

The bright line date of January 2014 doesn't make any sense. The law to legalize recreational weed was passed in December of 2012. The build out to be ready for implementation would have started in 2013 and not when the first recreational stores opened (which already existed as medical dispensaries for the most part.

Going back to Jan 2013, the Colorado unemployment rate was 7.2%. A year later it was 6.2%.

At the national level, the unemployment rate in Jan 2013 is 7.9%. A year later it was 6.6%

Considering Colorado started with a lower unemployment rate, it's not surprising that it didn't decrease by the same magnitude as Colorado was closer to full employment than the national economy at the beginning of my time frame (which is more reasonable and justifiable). The unemployment rate for Colorado currently stands at 6.0% while the national rate is 6.3%.

Please carry on though like you have a clue. It's amusing to watch you embarrass yourself on such a regular basis.
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Old 05-22-2014, 10:17 AM   #51
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Quote:
Originally Posted by Amnorix View Post
I am aware of the issues the marijuana distributors are having with getting traditional banking. I note that some other financial institutions are trying to step into that void. Welcome to capitalism. I imagine it will work itself out eventually.

Security isn't really productive to the larger economy, but it's ****all better than having the money flow to Los Zetas.

"Material boon" to government coffers? No, not really. But better government takes its cut than Sinaloa.
I would argue that it will be a material boon due to the cost savings of reduced incarceration and probation/parole costs and the positive tax revenues. But that would be taking the entire picture into account, something putin's pussy is loathe to do.
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Old 05-22-2014, 10:18 AM   #52
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They could create more jobs and give a huge boost to the economy AND help the environment if we legalized GROWING HEMP.

Say what you want about Marijuana, but the criminalization of hemp is one of the most ridiculous laws we have on record. All it does is harm everyone except the timber industry and those being bribed by the timber industry.
FYI, I did a research project on hemp a while back. It's been legal in Canada for 15+ years and the market is growing, but it's not exactly redefining the market. It's still a very niche crop.
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Old 05-22-2014, 10:21 AM   #53
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I would also argue that my time frame is probably not the best either as much of the recreational base was already there due to the medical side.
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Old 05-22-2014, 10:24 AM   #54
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The Constitution was written on hemp!

Progs think it's written on rubber though.
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Old 05-22-2014, 10:25 AM   #55
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I would argue that it will be a material boon due to the cost savings of reduced incarceration and probation/parole costs and the positive tax revenues. But that would be taking the entire picture into account, something putin's pussy is loathe to do.
Those savings MAY be offset by increased healthcare issues as a result of the theoretically higher/increased use of pot.

"Putin's pussy".
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Old 05-22-2014, 10:26 AM   #56
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Those savings MAY be offset by increased healthcare issues as a result of the theoretically higher/increased use of pot.

"Putin's pussy".
credit goes to go bowe for Putin's pussy.
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Old 05-22-2014, 10:27 AM   #57
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The Constitution was written on hemp!

Progs think it's written on rubber though.
No it wasn't. It was written on parchment. Hemp paper was popular, and it's likely that some drafts for the Constitution were written on hemp. But the real constitution is not.
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Old 05-22-2014, 10:28 AM   #58
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No it wasn't. It was written on parchment. Hemp paper was popular, and it's likely that some drafts for the Constitution were written on hemp. But the real constitution is not.
BigotEyedPea is such a fabulous historian.
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Old 05-22-2014, 10:30 AM   #59
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Old 05-22-2014, 10:38 AM   #60
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Quote:
Originally Posted by Amnorix View Post
I am aware of the issues the marijuana distributors are having with getting traditional banking. I note that some other financial institutions are trying to step into that void. Welcome to capitalism. I imagine it will work itself out eventually.

Security isn't really productive to the larger economy, but it's ****all better than having the money flow to Los Zetas.

"Material boon" to government coffers? No, not really. But better government takes its cut than Sinaloa.
The left needs to just stick to the "freedom" aspect of this rather than the jobs + tax dollar nonsense.
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