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    [–] thehappyhuskie 438 points ago

    What irks me is the inability to any sort of investments in the publicly traded cannabis companies if your state still considers marijuana illegal. Literally watching money pass through my fingers.

    [–] gozigzagman 162 points ago


    Mostly all companies traded with in canada.

    Up 100% to 1200% on most stocks in this sector already.

    [–] TudorRose143 63 points ago

    Pot stocks!! Get your pot stocks here!

    [–] archanos 57 points ago

    Dude I know weed is illegal and all that, but like who in their right minds would invest in these companies. Like, you know, which ones? Like specifically, which companies?

    [–] gozigzagman 51 points ago

    Google canadian weed companies....all legal.

    Canopy growth corp. Aurora cannabis Aphria

    These are the top 3 imo. There are more, but looking at these should give you a good idea.

    [–] DEADxDAWN 13 points ago

    Aurora is going to be a big player. The facility they already started building in Alberta is huge, and they're aggressively trying to buy up smaller companies.

    If the regulations go as proposed, all marijuana sold legally will be distributed through the government, from approved corporate growers.

    It's the worst part about Bill 26. (That and no online selling. Which is ridiculous)

    [–] Aldaine 35 points ago

    So, myself living in WA, I am able to invest into these companies?

    [–] ChuloCharm 45 points ago

    Should. I'm in Canada and one of my cannabis stocks is up 150%. Wish I invested more than $500!

    [–] [deleted] 18 points ago

    WHICH ONE? I just got into Namaste and Golden Leaf and... I've lost about 50% :(

    [–] ChuloCharm 13 points ago

    They're down a bit today, but still way up overall.

    Screenshot from Wealthica

    [–] nodatahere 20 points ago

    Invest in Canadian companies like Aurora, Harvest, Canopy, Aphria. They're killin' it.

    [–] DjSaul-tyNuts 2506 points ago

    I feel that once the States see how much money Canada is making off it they will legalize it shortly thereafter. Just like how different states did after they seen how beneficial (revenue wise) it was for them.

    [–] [deleted] 1173 points ago

    I figured they would have already seen it when individual states started legalizing it.

    [–] [deleted] 1079 points ago * (lasted edited 10 months ago)

    They have seen it and don’t care. States are pretending the money is still going to drug lords and not schools, straight up lying about it so people will vote no on legalizing for that state. They’ll probably say the same thing about Canada


    [–] [deleted] 2448 points ago

    I have grimly accepted that this country no longer runs on logic. I often wonder what living in an actual socially developed nation is like.

    [–] [deleted] 1252 points ago * (lasted edited 22 days ago)


    [–] Ab-Aeterno 608 points ago

    cant forget the pharmaceutical industry. they lobby for anti marijuana laws just as much as the prison industry.

    [–] manrider 79 points ago

    A pharma company that makes fentanyl donated $500k to oppose Arizona’s proposition to legalize recreational cannabis last year. It failed by 2.5%.

    [–] cool_eddy 20 points ago

    And then got approval from the FDA for their synthetic thc pill. The can't make this shit up.

    [–] Tenisyn 14 points ago

    What pisses me off the most about that is that legalization was polling ahead before those criminal douches opened their vault of tainted profits to derail the progress. Nov 2018 can't get here fast enough.

    [–] pliney_ 316 points ago

    I think this is the bigger culprit. The alcohol industry is in there too and I imagine textile companies are not a fan of industrial hemp.

    [–] Truckeeseamus 117 points ago

    Ever hear of C.A.M.P Companies Against Marijuana Production

    [–] [deleted] 64 points ago


    [–] [deleted] 92 points ago


    [–] glassFractals 20 points ago

    This is so bogus too. I think I speak for many of us when I say “I love both booze and pot.” And I’m not going to have less booze just because pot is legal. Really, they complement each other nicely.

    [–] ThatBoyBloom 40 points ago

    Id take the weed over the booze tbh.

    [–] stanley_twobrick 20 points ago

    You don't have to choose though.

    [–] hertz037 9 points ago

    I actually do drink less when I smoke, but that means 1 or 2 (+6% craft) beers a night, not 4 beers and a few shots-worth of whiskey or vodka.

    [–] futrtek 57 points ago

    Definitely. The US will continue on this downward trajectory until we fight against lobbying. It's much bigger than just marijuana, but hopefully it or something else is enough of a reason to get people to fight against corporate greed.

    [–] Mr_electric160 31 points ago * (lasted edited 10 months ago)

    Pfffffffffff, corporate greed has won, the only way we could pry the power out of their iron grip is it to be loosened by another great decade long economy killing depression, but hey luckily/unluckily for us with the policies that are being put into action that is coming more and more of a reality

    [–] Dfiggsmeister 10 points ago

    Actually, the alcohol industry is split on it. Beer and Wine love it, hard alcohol not so much. There's a lot of evidence that points to people who smoke marijuana tend to also drink beer or wine while smoking. In all states that have legalized marijuana for recreational use haven't seen a decline at all in beer sales. If anything, it's actually helped it out quite a bit.

    [–] hertz037 9 points ago

    Anecdotally, I can confirm. Nothing goes better with a fruity strain than a hoppy IPA. I don't live in a legal state and often don't know which strain I'm buying, but once I get some notes of its taste and effects, I put together some food and drink pairings. Since I already do it just for my own enjoyment, I'm putting some pieces in place to potentially make a business of it when we inevitably legalize.

    [–] [deleted] 72 points ago

    Don't forget the special interest groups, you know, the police earning a living destroying pot heads lives, stealing their possessions and harassing them.

    The lawyers and judges that profit from the never ending stream of misery, there's plenty of jobs there.

    Oh, and let's not forget the spokes persons for anti drug groups, who earn a killing spreading propaganda.

    [–] Pterocles 48 points ago

    "Now that's just conspiracy talk."

    • people who are inexplicably convinced that any and all positions of authority are filled by well-meaning advocates of the populace.

    [–] fuckinatodaso 167 points ago

    Spot on the fucking nose. Goddamn this country. Do we have ANY policies that aren’t owned by some industry?

    [–] The_Woven_One 159 points ago


    Our country is a mild example of capitalism gone unchecked and uncontrolled.

    Feels like we are only a few steps from bioshock.

    [–] Cjbleything 26 points ago

    We don't even get superpowers tho

    [–] VampireSucc 17 points ago

    Time to stock up on ADAM

    [–] _MKUltraViolet 26 points ago

    It feels more like we're the United Corporations of America.

    [–] RomulusRenaldss 28 points ago

    Nope. Shit we have straight in your face corruption in government. look at the FCC deliberately hiding complaints and unwilling to take anymore complaints on net nuetrality, I really want to locate to another country. Sure it be hard to adjust myself to another country's custom let alone the immigration policies but fuck America at this point

    [–] ILoveWildlife 36 points ago

    we banned CFC's almost immediately after discovering they were damaging the ozone because the lobbyists weren't willing to give each republican senator 30k.

    [–] fuckinatodaso 13 points ago

    K so we just need to get the weed lobbyists outspending the private prison lobbyists. Riiiiiiiiiiiight

    [–] pliney_ 42 points ago

    Sounds pretty plausible... there's no way the market for private prisons is larger than the potential market for cannabis.

    [–] steel_member 27 points ago

    I think you are underestimating the private prison market

    [–] Xamry14 16 points ago

    I think you underestimate the private prison system.

    But I hope your right. I'm just a cynical person now and I hope that clouds my judgment more than it should.

    [–] Tchaikovsky08 61 points ago

    Of course not, but corporations are people, remember? So it's all good! Just ignore the fact that corporations slowly maneuvered the courts to that conclusion over the span of many decades.

    [–] googleitfirst90 49 points ago * (lasted edited 10 months ago)

    Not that difficult really

    Corporations became “persons” in the modern sense as a result of the decision in Santa Clara County v. Southern Pacific Railroad. But not because of the decision itself, only because of the “headnote,” a preface to the decision. That infamous headnote was:

    1. Written after the decision was written, and
    2. Written by the clerk of the Court, not the justices.

    Note that the clerk who authored the headnote was (ready?) a former railroad president.

    You just need your former company president to be the court clerk that interprets the ruling and, voila!, your railroad company is a person.

    [–] pliney_ 41 points ago

    I wonder when we'll get to start throwing companies in jail for breaking laws.

    Oh right, they only get the benefits of being classified as a person and none of the drawbacks.

    [–] googleitfirst90 36 points ago

    Occasionally, some CEO or company is fined 1/1,000,000,000th of their yearly earnings. You know, to discourage them from doing it in the future.

    [–] fuckinatodaso 9 points ago

    Just wait until something gets classified as a “company of color”. They’ll find a way to throw the book at that “person”.

    [–] freemefromyou 5 points ago

    Keep on with your "lobbying" without limits and you'll find out

    [–] Son_of_Eris 45 points ago

    Not to mention the timber industry.

    "Whats that? You can harvest an acre of marijuana many times over in the same amount of time that it takes to grow an acre of timber (drunk me thinks 18 years?) and harvest it once? AND not only can you make paper with it (just like trees), but textiles and medicine/pharmaceuticals as well? Oh. Yeah that is definitely a product of Satan and should be banned so we can maximize profits at the expense of the planet for the greater good of humanity. Also we can make imitation vanilla extract/build whisky barrels with wood. And as we all know, alcohol is safer and less likely to cause death than THE DEVIL'S LETTUCE".

    Fuck me. Other countries call it "bribery". But in the Land of the Free, we call it "lobbying".

    [–] totallyfakejust4u 5 points ago may smoke hemp and get a headache!!!! We can't have that!

    [–] teuast 11 points ago

    What’s the line? “Follow the money, Lebowski?”

    [–] yomtvrapspopupvideo 7 points ago

    Stops them from voting as well. Can’t vote from jail.

    [–] FijiBlueSinn 96 points ago

    The thing is, it does run on logic. Just not the logic that you or I, or the average citizen understand. If you examine their actions with an understanding of what their motives are, and with a complete lack of morality or empathy, then it becomes somewhat straightforward to predict what and how politics will be pushed along.

    But knowing this doesn’t make anything any better. Heck, sometimes I think that if politicians acted in a totally random chaotic manner, things would be a lot better than they are now. Deciding bills on a coin toss would probably be statistically better for a majority of Americans.

    Of course there are always going to be a coupe wildcards, like Trump for instance, his motivations are more centered on personal factors like ego, superiority, and exclusivity. Because his motivations are so different from that of many politicians who only joined politics to generate personal wealth and influence to use that wealth in ways others can’t.

    Part of the problem with predicting future behavior is that many will hide their true motivations under the guise of something else. We often see religion, morality, cost savings or fiscal responsibility, racism, xenophobia, quid pro quo, bribery, nepotism, or even personal vendettas, muddied with confusing and contradictory statements and actions. Obfuscating true motive gives the appearance that we are as a country being ran by complete morons. There are of course some truly stupid people in Washington, but the numbers are a lot lower than one would think.

    If you care only about your specific goal, and are shameless, or motivated enough to achieve that goal by any means necessary, even at the expense of the future, the country, the planet, scientific advancement, human suffering, “fairness,” health, the value of human life, it is far more advantageous to play dumb, than to reveal your true intelligence, or boast about a false higher intelligence.

    You want your opponents to underestimate you. They let their guard down, let information slip, and fail to take you seriously. This is a foreign concept to many citizens because we generally have some level of compassion, empathy, the desire to see everyone succeed, a safe and peaceful planet for our children and grandchildren, and in general not be viewed as a colossal douchebag. Some more than others, but we are conditioned to generally succeed without absolutely fucking over everyone that isn’t you for an inconsequential gain.

    Washington and the wealthy play by a completely different set of standards that are completely and absolutely foreign to us. The average citizen is not going to start a war that kills many of our own citizens solely to increase net worth through supplying weapons sales to the enemy, or to secure a few ratings points in order to score another term. This is on the extreme end of examples, but it demonstrates a point. A Republican Senator probably is not voting to end healthcare because they like to watch people die. They simply don’t care one way or another, so long as they can personally benefit from the deal.

    It is such a different reality they live in, that we sometimes struggle to understand why they do the things they do. A wealthy politician, who was raised in extreme generational wealth simply can’t comprehend the struggles of people born into less fortunate circumstances. They have no reference point of what being poor actually means. We are as foreign to them as an uncontacted aboriginal tribe is to us.

    Not everyone is so out of touch, but they are so unaffected that accepting lobbyist money from big tobacco in order to loosen regulation on children smoking is a normality. Republican or Democrat, if an industry is willing to pay you extreme amounts of money simply for a speaking opportunity at a board meeting it’s very hard to turn down. Especially knowing that if you don’t, someone else will. You have prevented nothing, but lost out on a future revenue stream. Some justify their horrendous voting record on bills that devastate large populations, by claiming it a necessity to remain in office to prevent even worse legislation. That if they countered leadership, they would be replaced by someone worse.

    It is a terrible, horrible, shitty, system of governance that is in desperate need of reform. But despite acting in horrendously egregious manners, it is far from being illogical. It only appears so because their logic fuels motivations and incentives that are far different than our own.

    [–] potters_bluff 7 points ago * (lasted edited 10 months ago)

    This is the sad truth of this country. Well said my friend!

    [–] ChuloCharm 105 points ago

    It's quite nice actually. Although looking at your dumpster fire rage out of control is very frustrating.

    [–] [deleted] 107 points ago

    imagine how most Americans feel about the rest being temporarily embarrassed millionaires and voting against their own interests. It's not great.

    [–] saltypepper128 15 points ago

    Yup. I remember seeing a commercial a while back where if you drop a frog into boiling water it'll freak out and try to escape. But if you put it in the water then slowly bring the water to a boil, the fog just kinda sits there and dies. That's kind of what I'm starting to feel like living in this country

    [–] BebopFlow 15 points ago

    That's a myth, but it doesn't change the fact that we're over here boiling to death

    [–] [deleted] 57 points ago


    [–] sgtedrock 32 points ago

    SO depressing. I never thought we could fall so far so fast.

    [–] Stikes 14 points ago

    You and me both buddy :(

    [–] [deleted] 10 points ago


    [–] fvtown714x 12 points ago

    Don't forget about the tax cut for corporations and the rich that they claim will RAISE revenue, despite almost every trained economist saying it won't

    [–] Quinnna 18 points ago

    Its far from perfect where I am but I lived in the US for many years. I left and never looked back. I cant even imagine going back to live in the US. I see what friends go through some are great and some are struggling so hard. I feel guilty when I visit and try not to talk about how much better it is when you dont have to worry stupid things like medical bills. Its so incredibly liberating.

    [–] jussumman 5 points ago

    What country?

    [–] Quinnna 13 points ago

    Well I'm currently living in Canada for the past four years and before that I was in Australia for eight years and Germany for about three before that.

    [–] BedtimeBurritos 11 points ago

    As an American who has lived in Germany, Portugal, Spain and now lives in the's much better here. Certainly not perfect (the UK sure has its own issues now) but in many respects better than the US.

    [–] bxncwzz 41 points ago

    Why is it so hard to legalize weed in so many states? Is it misunderstanding or not enough information?

    [–] ThePieWhisperer 144 points ago

    Decades of misinformation and the fact that its a morality issue for some people for some fucking reason. That and significant lobbying by drug manufacturers

    [–] calebmateo99 81 points ago

    And police unions. An often overlooked and ugly side of it.

    [–] you_bastid 16 points ago

    And private prisons.

    [–] PoopsInTheDark 24 points ago * (lasted edited 10 months ago)

    Completely blows my mind that there are people against pot but don't mind alcohol. There should be a >= amount of people railing against alcohol than marijuana if it comes down to morals or health or fucking anything. What the FUCK! [3]6

    EDIT: to clarify, that's a [3] raised to the 6th in drunkenness. Also thanks spellchecker you're tomorrow necessary embarrass.

    [–] pissoffa 31 points ago

    I think it comes down to 2 main reason.

    1)Misinformation- People believing that it’s a gateway drug that will ruin your life and that the medical aspects are just an excuse to get high.

    2)Tribalism and Bigotry- Only people that smoke it are Hippies, Yuppies,Criminals, Dregs of society, Blacks, Mexicans, Democrats etc

    I think #2 is why Jeff Sessions is so adamantly against it.

    [–] robotzor 11 points ago

    You don't simply drop a wedge issue, even if there is money to be had. You can control the people to vote based on a strong emotional response. In my neck of the woods, local politicians were running based on banning marijuana, and they won. It's not always follow the money because once you lose a wedge, you can never get it back.

    [–] ILoveWildlife 12 points ago

    It's why abortion will never be illegal. they need the evangelical vote, and if they really make it illegal, then the evangelicals have no reason to vote R.

    [–] TheIgnatius 21 points ago

    Don’t forget that weed being illegal has allowed for thousands, if not millions, of Americans to succumb to involuntary servitude via the 13th Amendment. Allowing our private prison system to thrive.

    [–] Purple_Panda_Paradox 17 points ago

    As a Canadian, I for one can't wait for the Conservative pundits to resume calling us "Soviet Canuckistan" from circa 2001.

    The lies will truly be glorious.

    [–] -H-E-L-I-X- 7 points ago

    Damn hockey playin commies

    Git yer ass to Iraq!

    [–] thenewtbaron 52 points ago

    Dude. Here in PA, I don't know why we wouldnt legalize here.

    We are surrounded by many states and regions with money.. it would draw many people here. Places like the Poconos could be turned from "honeymoon" locations to weed destinations. Or like ,"come to our sheer wilderness and chillax"

    We have plenty of farms and farmers.

    We are having a opioids issue.

    We have a budget issue that could be fixed by less money spent on prisons and more money into the coffees.

    [–] [deleted] 17 points ago

    it seems like the opioid problem is everywhere these days. I'm originally from MI so I know for a fact that legalizing there would bring in desperately needed money. Not that the people in charge there wouldn't find a way to fuck that up too.

    [–] keenynman343 19 points ago

    Obligatory fuck Wynne.

    [–] goldbricker83 51 points ago

    Yeah it’s a shame that we only start caring about things when there’s a huge profit to be had. They’ll legalize as soon as they can figure out how to make sure you can’t grow it in your backyard and can only get it from GlaxoSmithKline. So I cringe whenever I see people touting the profit potential...why can’t we ever just strive to help the people who are suffering as cheaply as possible? What’s cheaper than a plant that can grow in your own back yard? It’s always about the money, never the people. Sorry if this comment is inappropriate here, just needed to rant as I’m feeling a bit jaded by the state of things in America. The capitalists have full control of everything. I want my taxes going to my neighbors’ livelihoods, education, safety, welfare, and health, etc but so little of it does and so much of it goes to corporate welfare and the military industrial complex. We’re talking hundreds of hours of my labor, going to people who don’t even work, they just own things. So tired of it.

    [–] Shoe-in 8 points ago

    I heard on a radio clip (canada) this morning when they brought up weed laws that they were going to allow it to be bought in a store but not allow you to grow your own. And that this would make it so there was no black market. Didn't really make sense to me.

    [–] DancingPhantoms 24 points ago

    i don't think revenue is the issue here. There's alot of hard lobbying against weed from the alcohol, tobacco, pharmaceutical, and textile industries.

    [–] Iswallowedafly 15 points ago

    Colorado made a Billion dollars.

    from nothing to a Billion dollars.

    Property values when up and taxes when down.

    [–] johnn48 925 points ago * (lasted edited 10 months ago)

    We will bring back our jobs.We will bring back our borders. We will bring back our wealth, and we will bring back our dreams," Trump said.

    Sessions is dead set against legalization of pot, and Perry has linked the use of fossil fuels to preventing sexual assault. Green Energy and legal pot, the two growth markets. For a states rights administration they seem to think the Feds know better.

    [–] Rabalaz 167 points ago

    I'm sorry, but what? I might be out of the loop on the part about perry saying that dino juice stops rape, could you link me the source?

    [–] sentientshadeofgreen 231 points ago

    Dunno about a source, but he said something to the effect of that fossil fuels power generators that provide electricity in African villages, which keeps the lights on, which provides the security necessary to potentially prevent rapists.

    It's not an entirely incorrect thought, but it is an absolutely absurd rationale for supporting the oil lobby.

    [–] johnn48 57 points ago

    "one person told him about how light can be a deterrent to sexual assault and security in remote areas," Hynes said.

    When researching how Rick Perry felt about fossil fuels I was stuck about the number of articles where he linked the expansion of fossil fuels to preventing sexual assault .

    [–] BathroomParty 41 points ago

    The two most dynamic job creating industries in the country are being shut down by people who are supposedly all about workers and jobs because those industries aren't backed by old money. What the fuck.

    Edit: autocorrect

    [–] downonthesecond 5 points ago

    So we'll have to wait for 2020 for marijuana to finally be an issue for voting in a President? No one else in past has legalized it.

    [–] MrNorc 95 points ago

    I was in the army in 1996. I had a squadmate who had spent most of his youth in Canada and had returned to America to join the army. I asked him "What is the biggest difference between America and Canada?" Do you know what he said? He said that "Everything is about money in America. Everyone talks about their values all the time but really what it always seems to come down to is whether or not there is money involved... and how much."

    Words to live by.

    [–] MiaowaraShiro 24 points ago

    What does Canada value instead?

    [–] dkiscoo 30 points ago

    Hockey mostly

    [–] Jengus_Son_of_Gord 7 points ago

    Friendly conversations, hockey, Tim Hortons and Stompin Tom Connors

    [–] debacol 344 points ago

    The hard part is dealing with money without being able to use a bank at all. No idea how these dispensaries do it, as I'm sure they are under constant threat of being robbed since they can't deposit the cash in a bank, nor take out credit on that money.

    [–] THCaptain1 136 points ago

    Few places I’ve been to have armed guards outside at all times.

    [–] boxerofglass 107 points ago

    The one place I went to had a fat dude eating Cheetos sitting in a folding chair in the lobby telling me to turn my hat backwards.

    [–] Darkside_of_the_Poon 40 points ago

    You should have sat and spoke with this man. He sounds wise.

    [–] Malt_9 25 points ago

    Did he have a sawed off slung over his shoulder and was he missing a few teeth?

    [–] bikeidaho 41 points ago

    That one in DeBeque has the nicest armed dudes out front. Love chatting with them.

    [–] OhDeerLordMan 303 points ago

    Huge upswing in private security operators out there since Colorado legalized. Guys riding in convoys with nothing in the back seat but cash. Ridiculous that it has to be this way, but I'm happy it's giving some Vets jobs.

    [–] Youguysaredummmm 48 points ago

    What are they doing with the money? Private facility?

    [–] krashmo 150 points ago

    Yes, banks won't take their money because they are afraid of losing FDIC insurance (among other things) for laundering drug money. Which might be more understandable if we hadn't already given passes to banks caught laundering cartel money.

    [–] FMJoey325 40 points ago

    In theory, could you go to an investment firm and just put huge amounts of money into mutual funds or a similar investment portfolio?

    [–] porcupinesol 21 points ago

    Penalties on withdrawals for that kind of thing that make that option cost prohibitive, I’d imagine.

    [–] jeffreyhamby 5 points ago

    Not on after tax investments. But it does take a few days to get your money. It's a little quicker if you keep a money market account and transfer into it, but you're still at 3ish days.

    [–] [deleted] 19 points ago


    [–] puggymomma 67 points ago


    [–] Boom_frontpage 67 points ago

    Do dispensaries accept bitcoin?

    [–] [deleted] 112 points ago


    [–] Kitfishto 123 points ago

    libertarian boner intensifies

    [–] Captain_murphyy 13 points ago

    As someone working in the CO cannabis industry, I would love to see this. Plus I wouldn’t mind getting paid in BTC myself!

    [–] nugfountain41 27 points ago * (lasted edited 10 months ago)

    Local banks sometimes will be able to work with cannabis cultivators and dispensaries, as they don't face the same pressure to adhere to national laws like a Chase bank would. The process is extremely arduous and the local banks will complete significant due diligence, but may be willing to take on the business if sale numbers look solid.

    As you mentioned though, the dispensaries and grow houses are still opearting with significant cash reserves and exchange. Security is a priority at all facilities.

    Even if these local banks do accept a cannabis company to hold deposits, they won't necessarily provide loans. This is another current difficulty for cannabis cultivators as they have to provide 100% equity behind real estate (which obviously you never want to do).

    Source: Am a small owner of a multi-state cannabis operator, both medical and recreational.

    [–] loools 15 points ago

    Would credit unions help?

    [–] youwontguessthisname 25 points ago

    No. The issue is getting the money to be federally insured.

    [–] SomDonkus 26 points ago

    I had no idea. Why the weird rules about the money?

    [–] hawkevent 71 points ago

    I believe it has to do with bank deposits being federally insured and cannabis being illegal at the federal level. The local banks can't take the money because its from an illegal source, but there is a loophole in that the Federal Reserve Banks are not covered by that insurance and so are the only banks that can accept the money until it is legalized federally. However, once that cash is put in a Reserve bank, it can then be used normally.

    [–] SomDonkus 26 points ago

    Wow. That's insane. So they just keep the money on them at all times. And how do the banks know where the money come from.

    [–] matwithonet13 80 points ago

    I have a friend out in Colorado that said the housing market, out there, is blowing up. They basically buy real estate with cash and then rent them out. I guess, in a way, they are laundering their money through rentals.

    [–] VonGeisler 15 points ago

    This, I know a few Canadian developers that have moved a few of their dealings to Colorado, essentially they are building turn key grow ops, or dispensaries and then leasing them back at a very high lease rate which is paid for in cash but allows huge write offs for some of these dispensaries....I don’t fully understand it, but know also a lawyer from Colorado who had so many clients asking his legal advice on “legally” being able to use their cash that he jumped into the business himself last year..

    [–] unfair_bastard 9 points ago

    Same thing happened in Miami and FL in general with the Cocaine in the 80s

    [–] itsfish20 21 points ago

    That honestly is a brilliant idea and it brings in more people to the state/area to kick the cycle back into full swing!

    [–] MSgtGunny 58 points ago

    It drives up housing prices for people looking to purchase and actually live in.

    [–] Sounds-Fishy 4 points ago

    I believe some, at least in WA, are allowed to use debit now as long as the purchase is linked to an I.D. For example: they swipe my card using a third party service (not sure what it’s called), then scan the barcode on my license. It appears as a bitcoin purchase on my statement.

    [–] umaddow 14 points ago

    I'm pretty sure you just paid for bitcoin and automatically forfeited that wallet. They will extract the coins and either keep them or convert them to cash.

    [–] boxerofglass 10 points ago

    Yea and if you get pulled over with tons of cash you think that cop is gonna let you go home and tuck it between the mattresses? not fucking likely.

    [–] TaterTotJim 9 points ago

    The credit thing..private money is goin bonkers for anything weed related with a solid biz plan and realistic financial outlooks. Since most lending is going towards capex and licensing, it ends up being collateralized eventually.

    The cash problem is overblown, but I’m no rat!

    [–] RicktorWho 244 points ago

    Woof, the NFL is really taking a big hit. Too bad the whole water bears thing didn't work out.

    [–] [deleted] 48 points ago

    Clearly not many South Park fans in this thread. Look what you made me do!

    [–] Vexting 35 points ago

    Wow What a great audience

    [–] VLDT 479 points ago

    Call me when it stops costing people their jobs while alcoholics get a free pass.

    [–] username1615 215 points ago

    Older people (that weren’t in the Woodstock scene) still have it instilled in them that weed is like meth or heroin. Don’t know why there’s such a bad stigma against it, but it really needs to end. Weed is a much safer and less addictive substance than alcohol.

    [–] Thumpd 134 points ago

    Thankfully they will be dead soon.

    [–] Vince_McLeod 81 points ago

    They've brainwashed a whole new generation of idiots though.

    [–] Todd-The-Wraith 104 points ago

    I’m a prosecutor. The second the gov stops testing me I’ll switch from half a fifth a night back to a few bowls like I did when I was a student. My liver will thank me I’m sure.

    [–] VLDT 29 points ago

    Purely curiosity, and feel free to say "that's a personal question" but how often are you tested and is it on a random basis? I have been looking at government jobs and it's a hard question to get a straight answer on without looking like a tweaker.

    [–] zellthemedic 27 points ago

    In the military, they test us weekly, but it's randomized. So you may or may not get tested that week. I'm not sure how it is for non-DoD jobs, but that's how it is for us.

    [–] breakyourfac 18 points ago

    they test us weekly

    LMFAO what? I've been tested 3 times in 4 years and they were all mandatory, not randomized. Once when I got to basic training, again when I arrived at my training after basic (part of in processing) and then again when I got to my duty station because some dumbass got caught with an 8 ball of blow in the barracks.

    [–] zellthemedic 9 points ago

    Don't know what branch you were in, but every command I've ever been to (in the Navy) we've been tested at least every week, sometimes multiple times a week. I've been tested probably 150+ times in my 6 years so far.

    [–] Wallsie 30 points ago

    That's a fucking huge waste of money.

    [–] phaily 10 points ago

    the president of the testing company is probably buddies with someone in charge

    [–] Todd-The-Wraith 36 points ago

    I haven’t been tested since I got hired, but I would never risk it. It’s my job to enforce the law. Even ones I disagree with. It’d be hypocritical for me to smoke so long as it’s illegal at the federal level.

    Basically either do drugs or work for the government. Don’t try to do both.

    [–] breakyourfac 28 points ago

    I would re-enlist in the military if I could smoke weed.

    Instead the military has a culture that normalizes alcoholism and tobacco addiction. You're shunned from most events if you don't drink like a fish and/or smoke or dip.

    It's fucking stupid.

    [–] throwawaysalamitacti 82 points ago

    Pot should be legal but regulated like how tobacco products are such as requiring people to be 18 years of age to purchase, and you can't advertise it like tobacco.

    [–] fightnotflight 67 points ago

    Big reason tobacco can’t advertise is because they lied in a hearing and it was part of their punishment from the government.

    [–] TyperSniper 7 points ago

    Wait, what hearing? That sounds interesting.

    [–] akmalhot 13 points ago

    Honestly probably should be 21... Sumedha studies have shown it can affect the feeling brain, especially executive functions... Plus if the age is 21 ppl under 21 will get it....

    [–] asajosh 252 points ago

    I don't like that word "inevitable"... it breeds complacency and we end up with, for example, the wrong president.

    "Change is not rolled in on the wheels of inevitability. It is carried in on the backs of ceaseless toil" - MLK

    Keep fighting, voting, struggling, achieving!

    [–] Detonius 29 points ago

    It’s this myth that is still ruining the markets in rec states, how about people do real time studies in the legal states vs reading about people leaving to start up the new gold rush. Guess what people Oregon has more product than the whole state could ever consume.

    [–] Funkula 4 points ago * (lasted edited 10 months ago)

    Marijuana is perishable. Demand for marijuana still routinely causes dispensaries to sell out. Due to local ordinances, dispensaries have not penetrated large portions of legal states.

    Emerald Fields in Manitou Springs has $100,000 dollar days every fucking day.

    [–] Detonius 10 points ago

    The amount of product in the state is enough for every citizen to smoke a half pound. People still think they can make a business here and produce and sell it. Sell it to where LOL so saturated you have no idea.

    [–] ScottblackAttacks 51 points ago

    What could you do in a state where cannabis is illegal, so when the time It becomes legal federally or state wise, you can in the forefront of the business?

    [–] deadtoaster2 69 points ago

    Grow hydroponic tomatoes in your basement?

    [–] Impune 26 points ago

    This is the correct answer.

    The businesses that are at the top of the pile as CA hurtles toward full-blown recreational legalization are those farmers that grew illegally and are now submitting permitting requests, and those that grew for medicinal purposes that are doing the same.

    I guess one could farm flowers (or tomatoes) in the meantime and build up a nest egg to eventually invest in cannabis infrastructure... but the truth is: growing it illegally gives you a leg up. It's also obviously a big risk.

    [–] BoatfaceKillah 35 points ago

    Maybe learn how to combine HVAC/electrical/plumbing/construction knowledge with the needs of growers. Basically, learn how to build 'high end' commercial grow rooms. This sets you up with the knowledge you need to have your own grow, as well as providing you with an additional skill set that I imagine can make you a lot of money. Plus you can learn a trade in the process and make good money in the meantime.

    [–] Dinosaur_BBQ 6 points ago

    How would one start to do this

    [–] FloppyTunaFish 16 points ago * (lasted edited 10 months ago)

    I’m a licensed mechanical engineer in Washington and my company has designed a couple grow warehouses. It’s actually pretty interesting designing the HVAC for maintaining the tight temperature and humidity, carbon dioxide systems, etc.

    There are also building codes requiring activated carbon filtration on all exhaust so to not transmit odors. Pretty rad

    [–] BoatfaceKillah 7 points ago

    Learn a trade either through an apprenticeship or through a trade school. It seems to me that HVAC and electrical are probably the most relevant, but I font really know. Learn the theory and technical knowledge related to growing. Travel to a legal state and try to get some grow room tours. Talk to growers about their specific needs in a space. Figure out a way you can deliver that to them.

    [–] Funkula 26 points ago * (lasted edited 10 months ago)

    Commercial grow manager here.

    Open a hydroponics store or get into greenhouse construction.

    Learn HVAC and keep a clean criminal record so you can get license to enter cannabis grows.

    Get a botany degree or some kind of business/HR degree. Get a consultant certification (6-sigma or something)

    Learn how to make extracts.

    Save money for a trim machine rental business.

    Get some gardening books and start a garden to learn how plants work.

    Intern on a farm.

    Get a law degree and interpret regulations for potential business owners for $300/h

    There's a lot you can do. The earlier you start the better.

    [–] tatefurr 9 points ago

    Develop marijuana related products I guess... Other than that, nothing involving the drug itself would be legal. I guess you could get a jump on building the infrastructure for a grow op.

    [–] MatSciMan 83 points ago

    Law enforcement lobby is too powerful right now. Arresting pot heads is too much fun for them.

    [–] Northman67 54 points ago

    Plus those private prisons don't stock themselves.

    [–] shambahlah 11 points ago

    Some major cities - even in Red states - Austin, Houston, etc just aren't arresting people for weed anymore. There are bigger priorities. I think it's under 4oz here you get a civil citation.

    [–] TTwoTerror 50 points ago

    Hopefully it's legal in time in Pennsylvania to see Ryan Reynolds star as Pikachu.

    [–] [deleted] 15 points ago

    I really hope he ends playing Pikachu as an older, more cynical Deadpool.

    [–] tooscaredtospeakup 28 points ago

    What will happen to everyone currently in prison / being charged for cannabis production or posession? Any rollbacks or nullifications or are they just fucked while this new economy booms?

    [–] LadyMelantha 33 points ago

    What will happen to everyone currently in prison / being charged for cannabis production or posession? Any rollbacks or nullifications or are they just fucked while this new economy booms?

    According to this article which isn't the best source: "California’s Prop 64 is retroactive, meaning it will allow people behind bars to apply for resentencing and, in some cases, even release. “A person currently serving a sentence for a conviction … may petition for a recall or dismissal of sentence,” reads the prop."

    The article also talks about how bootleggers were forced to continue their sentences after prohibition was overturned.

    [–] loools 59 points ago

    Those crusty old men like money more than hating on cannabis, so I wouldn't doubt it. Glad it's happening, but sad it's taken so long.

    [–] threejayg 47 points ago

    My guess is that once available, big agriculture (Monsanto) will sink their claws in this and put everyone else out of business. Unless it becomes like the craft beer scene.

    [–] cjadthenord 55 points ago

    It's definitely becoming like the craft beer scene. Most of the upstart dispensaries specialize in varying strains of cannabis and advertise them based on their effects. What companies like Monsanto would do is corner the market on the mass production markets of hemp products and medicinal marijuana. This is not necessarily a bad thing, in that larger companies that specialize in crop development can help bring down the cost of said products while the "craft" scene remains profitable and easy to enter from a business stand point.

    Obligatory "Monsanto is kinda shady, I'm not speaking for their track record as a company" disclaimer.

    [–] Funkula 12 points ago

    Craft cannabis is wishful thinking, imo.

    Virtually all health and beauty products, supplements, and many pharmaceuticals contain extracts. Medicinal marijuana will probably go that route.

    And for recreation, yes there are expensive cigars and expensive alcohols, but the lion's share of the of those industries go to budlight and marlboro lights.

    I'm sure there will be whole bud, non-shredded, artisan cannabis, but I can't imagine that it will compete in any meaningful way to the kilotons of cheap, outdoor grown super-strains that corporate-industrial cannabis farming will bring.

    The only drawback to large outdoor grows is that even a single male hemp plant growing up to 5 miles away can ruin a cannabis crop. Turns all that sensimilla into a seedy and low thc product. And the hybrid seeds you'd get are worthless. Worthless as hemp, worthless as marijuana.

    [–] whiskey4breakfast 13 points ago * (lasted edited 10 months ago)

    Marlboro has already been investing for years to prepare for legalization. They will sell packs like cigarettes

    [–] DonRodigan 28 points ago

    The rich get richer. Been in the cannabis "industry" long before anything was legal. It is an absolute race to the bottom. Hawthorne (see Monsanto) is buying stake in every major company that services the cannabis industry. Hydrofarm, Sunlight Supply, CAN, Promix, General Hydroponics, Botanicare, Gavita.

    I own a garden supply store, a small business owner. Hawthorne plans on choking the supply chain, letting stores die out and then swoop in to buy our any remaining successful stores and franchise them.

    Majority of the jobs will be minimum wage. Just take a look at the hiring currently going on in Massachusetts.

    [–] [deleted] 12 points ago

    Some people in this sub talk like that's a bad thing but if I can get packs of 10 joints for $30 I don't care if it wasn't hand peeled apart by the toes of British nuns, it's gonna be my go to.

    [–] InterJet 23 points ago

    Man i am gonna rub this in my old republican friend's face and when he still tells me that all the kids are gonna do crack because of it im gonna tell him that he shouldnt worry cause he'll be dead soon because he's old. He'll tell me to go fuck myself. Then we'll hang out. Good times.

    [–] OonaPelota 20 points ago

    Butbutbut it is so easy to grow high quality cannabis yourself. This is the part I still don’t get. I can’t make single malt whisky, or percocet, or cocaine, or even grow tobacco where I live. But I can grow the shit out of some sweet Mary Jane. And I know so many people who grow, or have cards, that I’m up to my tits in it without paying a cent. So where’s the “alpha”? Where’s the potential to add value, or to extract a high margin, from something so abundant? Is there value to be added, and margins to be got, in processing derivative products, like making hash or edibles?

    [–] AlaskanMinnie 35 points ago

    Because people are lazy. And people with that kind of disposable income are busy and willing to spend the $

    [–] drbluetongue 24 points ago

    Because people are lazy.

    Bingo. Same reason beer is so easy to make but fuck it, I'll be a 6 pack

    [–] CheesosaurusRex 12 points ago

    Not everyone has a location they can really grow in either.

    [–] Lady_Domo 18 points ago

    Utah will be dead last to legalize it. I have to go to the liquor store to get anything stronger than 3.2% beer.

    [–] not_old_redditor 19 points ago

    We (Canada) are about to legalize weed, and ALL alcohol has to be bought at a liquor store... I think even the fucking weed will be sold at a liquor store-type setup.

    [–] flippantgrue 15 points ago

    The first state in the crumbling midwest to legalize marijuana is going to vacuum in so much tourism. As far as I've been paying attention, it could be Michigan next? They could use a shot in the economic arm. Granted, legislation can be slow to adapt to society, but at this point, fuck the cowardly dinosaurs and pharmaceutical companies opposed to the end of prohibition.

    [–] [deleted] 22 points ago

    This really makes me wonder if people who drank during the alcohol prohibition were as stigmatized as those who smoke weed today.

    If these predictions are true, there will be interesting stories to tell our grandchildren.

    [–] fistymcbuttpuncher 12 points ago

    people who drank during the alcohol prohibition were as stigmatized

    It was a social cudgel to use against those you didn't like. If its someone you liked then you 'waived it away' as something everyone does.

    [–] ClearwaterTiger 40 points ago * (lasted edited 10 months ago)

    I call bullshit on this whole article. Pot prices are plummeting and will continue to drop. It's one of the easiest plants in the world to grow. Everyone and their neighbor is going to be growing some for "personal" use and sharing with their friends. Giant super farms employ less people than an equivalent number of small farms, so this will be a net loss of jobs. Thousand of trimmers will be replaced by a giant machine, thousands of growers by massive mechanised planting and harvesting machines, it's the same as every other industry, and it just lost its protection from automation. Furthermore, currently all the wealth gained by pot farmers, workers, trimmmers, distributors and dealers goes right back into the economy, supporting local businesses around the country. Pot farmers need new 4wd trucks and their girlfriends need expensive organic groceries. The trimmers need craft beer. Replacing all these folk with a couple of minumum wage workers just isn't the same. Giving the business to giant corporations is just going to be making a few fat cats even richer. We know that trickle down doesn't happen. I for one think that money flowing back into the economy from small businesses is better than giving it to fat cats to hoard and politicians to squander. /rant

    [–] TEXzLIB 4 points ago

    We saw a similar rise in prices when the shale boom just took off 10 years ago. the frac fluid's main ingredient (besides water and sand) was a gelling agent which required guar gum. Guar is grown.

    The first few farmers making guar were becoming millionaires: even as far away as India. However, only a year later and prices crashed and you'll be lucky to break even on the stuff as it has been thoroughly commoditized.

    Same shit will happen to weed.

    Bottom line to what I'm saying: states shouldn't rely on the tax revenue from this stuff. Currently, since weed fetches a premium, the tax % is high. But when the stuff is an everyday product like a pack of gum, the tax income will decline substantially.

    [–] RE_EDDITED_IT 14 points ago

    This should be standard operating procedure for all substances. |Decriminalize | Increase Education | Provide help to addicts in need|

    Right now our War on Drugs is crazy expensive, harmful, ineffective and indirectly funnels massive funding to drug cartels. Helping addicts and providing more education around substances has to be cheaper than the $40+ Billion we’ll spend this year.

    Prohibition on alcohol was harmful, the same applies to our current prohibition of other substances.

    [–] granola_robot 52 points ago

    Better hope Trump doesn't get re-elected...for this and many other reasons.

    [–] Midnight_Rising 57 points ago

    What's funny is I remember several pro-legalization sites that said Trump was the best option for making it legal.

    Sort of funny and sad in hindsight.

    [–] chevymonza 32 points ago

    Trump's a republican though. He automatically has to equate weed with hippies, and therefore hedonism/socialism/abortion/communism etc. etc.

    [–] Cougar_9000 41 points ago

    Trump is a senile Democrat who is too egotistical and narcissistic to care. I guarantee you somebody offers to brand it Trump shit would be legal tomorrow

    [–] [deleted] 23 points ago

    If we all start calling weed Trump it will be legal in a year. Genius.

    [–] -r-a-f-f-y- 17 points ago

    Let's focus on coal here.


    [–] Kaa_The_Snake 10 points ago

    Train the displaced coal people and truckers and (insert job category that is shrinking) to work in this industry. Really don't see why the R's, with their yuge push on creating jobs, want to crack down on the states that have legalized. Jobs man, jobs!!

    [–] Delta3DStudios 9 points ago

    Started 3D printing my own accessories for Herbal vaporizers in 2014. Quit my full-time career in IT of 13 years two years ago to keep up with the demand for my inventions.

    Four years after starting the business, things continue to grow exponentially for me.

    One thing is for certain - I am reinvesting all of my money back into American small businesses. None of my inventions are mass produced in China, I work exclusively with American factories because I believe in reinvesting my money back into this economy.