Colorado voters approve 25 percent taxes on recreational marijuana

Nice Byron.

$120 for 1/4 is a little pricey, at least compared to Utah prices, but for quality Blue Dream $100 is pretty common, $80 if you have established connections.

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Originally Posted by Sombeech

It's gonna get cray cray up in here, people will be making visits from other states, there will be no shortage of demand.

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I think the number of people making trips to Colorado for this one purpose is going to be next to none. If you are going there anyway, sure, but there is no way I'm going all the way to Colorado and paying $120 per 1/4 for something I can get down the street (pretty much any street, really) for $80.

I also think $120 is about as much as they can charge. Much more and nobody will buy it. Probably won't go down for a while either though.

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Originally Posted by Absolute Gravity

I also think $120 is about as much as they can charge. Much more and nobody will buy it. Probably won't go down for a while either though.

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True, but if that price gets too high and people want to buy it cheaper on the street, now that it's legal and more people are buying, street prices will go up.

Don't expect every street dealer to be an "Honest Businessman" or valued Customer Service Representative, and not try to rip off the buyers a bit as demand goes up.

But you can grow it yourself. Also, most people don't buy pot from some shady dude on a street corner. It is a friend or a friend of a friend. Lots of times they grow it themselves or know who did, at least the good quality stuff anyway.

Watch this web series. Pretty funny.
Most pot guys I have ever known fit into this mold.

http://www.helpingyoumaintain.com/episodes

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Originally Posted by Sombeech

True, but if that price gets too high and people want to buy it cheaper on the street, now that it's legal and more people are buying, street prices will go up.

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Beech, this doesn't make any sense. The number of buyers isn't greater. Because a liquor store opens doesn't magically make the number of drinkers higher. The number of drinkers is the same, the method of purchase is just different.

As far as prices go, there are two prices, like Gravity mentioned. 'Store' and 'street', let's call them.

'Store' is calculated based on one thing -maximizing tax revenue. For now, $120 is the magic number, and is carefully calculated.

'Street' value slightly more complex. Now that people can grow, the supply goes up, so prices go down.

My guess is that the number of growers (not number of consumers) will dramatically increase, which will eventually begin to drag the store price down because the street price will be so appealing.

Comparing homebrewing to a typical beer purchase isn't all that different.

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Originally Posted by Slot Machine

Beech, this doesn't make any sense. The number of buyers isn't greater. Because a liquor store opens doesn't magically make the number of drinkers higher. The number of drinkers is the same, the method of purchase is just different.

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Imma hafta disagree. I think there will be more buyers and more demand now. there are people who have not bought in the past because of the legal consequences, and also people who have seen the popularity now and have decided to give it a try. It's already proven to bring people from out of state to buy as well, people who have probably never been to Colorado. And then there are the people who said they'd never do drugs, and now that it's legal they'll give it a whirl. Demand has definitely risen, just ask the growers.

Not only more buyers, but more frequency.

Alcohol is already legal, so quantities don't change that much with more availability.


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Originally Posted by Sombeech

Imma hafta disagree. I think there will be more buyers and more demand now. there are people who have not bought in the past because of the legal consequences, and also people who have seen the popularity now and have decided to give it a try. It's already proven to bring people from out of state to buy as well, people who have probably never been to Colorado. And then there are the people who said they'd never do drugs, and now that it's legal they'll give it a whirl. Demand has definitely risen, just ask the growers.

Not only more buyers, but more frequency.

Alcohol is already legal, so quantities don't change that much with more availability.


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And it's not listed in the Word of Wisdom!

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Originally Posted by Sombeech

Imma hafta disagree. I think there will be more buyers and more demand now. there are people who have not bought in the past because of the legal consequences, and also people who have seen the popularity now and have decided to give it a try. It's already proven to bring people from out of state to buy as well, people who have probably never been to Colorado. And then there are the people who said they'd never do drugs, and now that it's legal they'll give it a whirl. Demand has definitely risen, just ask the growers.

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Laws do not deter people from consuming drugs, alcohol or tobacco. Everyone that desires will find a way. Therefore, it's sudden legality very minimally increases the number of buyers.

Allow me to counter your various points (friendly tone):

Weed has always been "popular", so no, the media frenzy, or whatever "popular" mean to you, does not increase the number of buyers. More people use weed per capita in the U.S. than in Jamaica (13.7% vs 9.9%), where it is culturally 'popular'.

Consumers driving to Colorado are buying it for the novelty (like Byron), for the celebration, for the convenience, but not for the sake of being a law abiding citizen. Weed is abundant everywhere. No need to drive to Colorado for it. They might just be skipping out on their dealer for the week/month/year, but still buying their product just the same.

The number of 'never, now give it a whirl' people -that is a silly argument. It is like you deciding to suddenly take up cigarette smoking because I open a gas station next to your house. Clean people don't just wake up and hit the bong 'just because'.

I compare alcohol to cigarettes to weed, all interchangeably, because they all move (i.e. bought/sold) as if they were legal to everyone. Perhaps drug laws have less influence than you imagine? Perhaps that is a huge reason why the new law was passed in Colorado?

Also, asking growers about demand is tricky... there are many, many suppliers. What if cartel guys stopped shipping Colorado because prices have dropped? Yes, a local grower would see a bump in demand. A very complex equation, so surveying a couple of local growers about their demand would be next to meaningless data. All suppliers must be accounted for if that argument were to hold any water.

Lastly, you COULD very well be correct about the increasing overall consumption of weed. Because of the shadowy nature of street transactions, it is difficult to accurately measure.

Some trend data from the 70's-90's:

http://www.samhsa.gov/data/mjinitiat...initiation.pdf

I'd predict that the percentage of users will stay within the confines of past statistics, not surpassing the high-water mark in the 70's. People either use, or they don't. IMO, there aren't a lot of people sitting on the fence, trying to decide...

Well let me just end my case by saying i would be very surprised if the quantity of marijuana distributed from here out in Colorado does not increase.

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Originally Posted by Absolute Gravity

Watch this web series. Pretty funny.
Most pot guys I have ever known fit into this mold.

http://www.helpingyoumaintain.com/episodes

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This is hilarious...I love it!!!

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Originally Posted by Slot Machine

I'd predict that the percentage of users will stay within the confines of past statistics, not surpassing the high-water mark in the 70's. People either use, or they don't. IMO, there aren't a lot of people sitting on the fence, trying to decide...

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Yeah...this sounds quite reasonable to me. As I said earlier, virtually everyone waiting in line at that place is an experienced smoker. I think very few people are going to want to "just try it"...I think the cigarettes analogy is excellent.

There were lots of wacky rumors and nonsense floating around this week. For example, "they" (meaning the bullshit media) predicted the supply would run completely out within a week.

Wrong. I made a couple phone calls today, just out of curiosity, to see how the supply has held up 5 days into it. I was told the buds are fully stocked and the lines are no more.

Now I'm thinking the price will go down.

OK one thing I didn't account for is it's now legal for anybody to grow (not sure what the limits are).

So in retrospect, if all of these homeowners are growing now, there will be a monstrous supply vs the demand, so that would cause the price to drop.

Though I do still believe that Colorado will sell more marijuana now than it has before. You have to include the out of staters who are visiting when they haven't before. It's hard to deny that people are making a special trip out there now.

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Originally Posted by Byron

This is hilarious...I love it!!!

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Hell yeah!

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Sorry to get off the "gay" thread and bring up the "weed" thread but I had a question.

Is it legal in Colorado to deny employment on the basis of a drug test?

I am of course presuming that the "new" legal weed would be detectable on a test?:bandit:

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Originally Posted by oldno7

Is it legal in Colorado to deny employment on the basis of a drug test?

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Technically it's probably legal to deny employment for wearing the wrong shoes to the interview, but they'd just say they weren't the right fit for the company.

I'm thinking more about terminating an existing employment due to a positive drug test?

It would probably be tough to justify that. Then again certain employers will terminate if somebody was drinking alcohol on the job. If they can determine that marijuana was used while on the job, they would have a better case.

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Originally Posted by oldno7

I'm thinking more about terminating an existing employment due to a positive drug test?

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I'm pretty sure that most employers would have a zero tolerance policy. Regardless of where and when you smoked MJ, if your pee test comes up positive for weed, you're gone, period. At least that's how it is in the mining industry. Not sure about other employers and/or industries.

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Up until Jan 1st, DIA allowed up to one ounce either in the carry on or check in baggage...they'd been doing that for years because of medical pot. Now, they say they "won't allow" any pot AT ALL to be on airport property.

I haven't heard that DIA was thinking about reversing it...perhaps you are talking about the airport in the Springs? Well...maybe I should read your link, eh?

EDIT: Ok, now I'm good. Funny how you're entire city said no to selling it at all yet are considering possession at the airport. Oh well, at least no one is going to lose their livelihoods because of weed anymore. At least no here in Colorado. I'm talking specifically about being "caught" with it...it's also true that any business can outlaw it themselves and fire you for doing it, even medical. That's the way it's been for 4 years...and just recently (4 months ago) a state worker who is in a wheelchair tried to sue to get his job back when they fired him for the ganja, and he had a red card (Medical). He lost the case.

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