- that $4800 dollar pound that gets moved out the front door...Just a couple thoughts after reading tex's links,
25% tax(15 excise/10 sales)+overhead of cost of doing biz will give the smaller "cash cropper" for lack of a better word a nice little advantage.
The state is goin to decide the wholesale price charged by the cultivation facilities to the retail outlets and the tax must be paid prior to the transfer to the retail outlet..the state is goin to decide production rates and throttle it to suit consumption with limited plant counts and production quotas..
The state is goin to decide the wholesale price charged by the cultivation facilities to the retail outlets and the tax must be paid prior to the transfer to the retail outlet..the state is goin to decide production rates and throttle it to suit consumption with limited plant counts and production quotas..
After the last three years?it seems implausible to me.
After the last three years?
Anyhow, they got to keep it high, otherwise where's the profits for Pharma outfits if your Meds will only cost $5/pack. That's 'Marlboro Country' there.
And with their success at seed to sale, I see no reason for them not to shoot for the stars and beyond.
You won't see pharma getting into this business initially. I can almost guarantee you that. You can't patent the plant and the margins aren't there for them. Totally different business models, totally different markets. Just because the stuff fills a pharmaceutical need for you doesn't mean it fits the bill of a pharmaceutical product for them.
Say 20 years down the line post federal legalization you might see pharma take over, but initially they'll actually fight it all tooth and nail. If they want the prices high they want them high to discourage sales, not to make higher profit.
Its not a free open market at all..its a highly regulated government controlled industry..
I posted links to the actual final bills that passed, ya'll should just read them, it will really trip you out some of what they passed and there is a ton of regulations they have to still write between now and July 1st, so there is still alot more to come
(3) A RETAIL MARIJUANA CULTIVATION FACILITY SHALL REMIT ANYAPPLICABLE EXCISE TAX DUE INACCORDANCEWITHARTICLE 28.8 OF ARTICLE 39,C.R.S., BASED ON THE AVERAGE WHOLESALE PRICES SET BY THE STATE LICENSING AUTHORITY.
none of it's going to work bro, and anyone that truly believes this is goin to work has their head up their asses further then the guys pushin this shit......take it easy..........it's a plant...........you can't regulate plants...period.....thats just fucked up in every aspectHow exactly do they plan to limit pricing in an open market? Again, not like alcohol at all and not free capitalism period. I could see limiting production quotas, i figure thats how they would tier licensing. How are they planning plant counts?
Not trying to come off bitchy, thats just pretty bogus. A tax can be applied by quota/volume sold completely seperate from wholesale price....unless they're gonna put like a $4k cap on wholesale :rolleyes:
Sorry bud, but ive def heard of pharma trying to get involved already over the last several years in some interesting ways. Heard they already hold some licensing that isn't much talked about as well.
The Top Five Special Interest Groups Lobbying To Keep Marijuana Illegal
POSTED AT 9:04 AM BYLEE FANG
Last year, over850,000 people in America were arrested for marijuana-related crimes. Despite public opinion, themedical community, andhuman rightsexperts all moving in favor of relaxing marijuana prohibition laws, little has changed in terms of policy.
There have been many greatbooksand articles detailing the history of the drug war. Part of America’s fixation with keeping the leafy green plant illegal is rooted in cultural and political clashes from the past.
However, we at Republic Report think it’s worth showing that there are entrenched interest groups that are spending large sums of money to keep our broken drug laws on the books:
1.) Police Unions: Police departments across the country have become dependent on federal drug war grants to finance their budget. In March, wepublished a story revealing that a police union lobbyist in California coordinated the effort to defeat Prop 19, a ballot measure in 2010 to legalize marijuana, while helping his police department clients collect tens of millions in federal marijuana-eradication grants. And it’s not just in California. Federal lobbying disclosures show that other police union lobbyists have pushed for stiffer penalties for marijuana-related crimes nationwide.
2.) Private Prisons Corporations: Private prison corporations make millions by incarcerating people who have been imprisoned for drug crimes, including marijuana. As Republic Report’s Matt Stoller noted last year, Corrections Corporation of America, one of the largest for-profit prison companies, revealed in a regulatory filing that continuing the drug war is part in parcel to their business strategy. Prison companies have spent millions bankrolling pro-drug war politicians and have used secretive front groups, like the American Legislative Exchange Council, to pass harsh sentencing requirements for drug crimes.
3.) Alcohol and Beer Companies: Fearing competition for the dollars Americans spend on leisure, alcohol and tobacco interests have lobbied to keep marijuana out of reach. For instance, the California Beer & Beverage Distributors contributed campaign contributions to a committee set up to prevent marijuana from being legalized and taxed.
4.) Pharmaceutical Corporations: Like the sin industries listed above, pharmaceutical interests would like to keep marijuana illegal so American don’t have the option of cheap medical alternatives to their products. Howard Wooldridge, a retired police officer who now lobbies the government to relax marijuana prohibition laws, told Republic Report that next to police unions, the “second biggest opponent on Capitol Hill is big PhRMA” because marijuana can replace “everything from Advil to Vicodin and other expensive pills.”
5.) Prison Guard Unions: Prison guard unions have a vested interest in keeping people behind bars just like for-profit prison companies. In 2008, the California Correctional Peace Officers Association spent a whopping $1 million to defeat a measure that would have “reduced sentences and parole times for nonviolent drug offenders while emphasizing drug treatment over prison.”
Amazing, once again, follow the money....The Top Five Special Interest Groups Lobbying To Keep Marijuana Illegal
POSTED AT 9:04 AM BY LEE FANG
Last year, over 850,000 people in America were arrested for marijuana-related crimes. Despite public opinion, the medical community, and human rights experts all moving in favor of relaxing marijuana prohibition laws, little has changed in terms of policy.
There have been many great books and articles detailing the history of the drug war. Part of America’s fixation with keeping the leafy green plant illegal is rooted in cultural and political clashes from the past.
However, we at Republic Report think it’s worth showing that there are entrenched interest groups that are spending large sums of money to keep our broken drug laws on the books:
1.) Police Unions: Police departments across the country have become dependent on federal drug war grants to finance their budget. In March, wepublished a story revealing that a police union lobbyist in California coordinated the effort to defeat Prop 19, a ballot measure in 2010 to legalize marijuana, while helping his police department clients collect tens of millions in federal marijuana-eradication grants. And it’s not just in California. Federal lobbying disclosures show that other police union lobbyists have pushed for stiffer penalties for marijuana-related crimes nationwide.
2.) Private Prisons Corporations: Private prison corporations make millions by incarcerating people who have been imprisoned for drug crimes, including marijuana. As Republic Report’s Matt Stoller noted last year, Corrections Corporation of America, one of the largest for-profit prison companies, revealed in a regulatory filing that continuing the drug war is part in parcel to their business strategy. Prison companies have spent millions bankrolling pro-drug war politicians and have used secretive front groups, like the American Legislative Exchange Council, to pass harsh sentencing requirements for drug crimes.
3.) Alcohol and Beer Companies: Fearing competition for the dollars Americans spend on leisure, alcohol and tobacco interests have lobbied to keep marijuana out of reach. For instance, the California Beer & Beverage Distributors contributed campaign contributions to a committee set up to prevent marijuana from being legalized and taxed.
4.) Pharmaceutical Corporations: Like the sin industries listed above, pharmaceutical interests would like to keep marijuana illegal so American don’t have the option of cheap medical alternatives to their products. Howard Wooldridge, a retired police officer who now lobbies the government to relax marijuana prohibition laws, told Republic Report that next to police unions, the “second biggest opponent on Capitol Hill is big PhRMA” because marijuana can replace “everything from Advil to Vicodin and other expensive pills.”
5.) Prison Guard Unions: Prison guard unions have a vested interest in keeping people behind bars just like for-profit prison companies. In 2008, the California Correctional Peace Officers Association spent a whopping $1 million to defeat a measure that would have “reduced sentences and parole times for nonviolent drug offenders while emphasizing drug treatment over prison.”
Honestly I'm so positive that this doesn't fit their business model that I'm willing to put money on it that big pharma won't get involved heavily.
You might see some extremely marginal involvement from the pharma industry, but I'd expect to see only small players getting involved. You won't see the big boys sitting down at the table, not initially. You will see federal legalization before any of them even consider it. Even after that I'm pretty sure you won't see any of the big stakeholders getting involved. Smaller niche companies will definitely get involved, but this is very different from worrying about big pharma throwing around their political clout.
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