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Old 09-03-2016, 08:14 AM
 
Location: Texas
37,949 posts, read 17,878,633 times
Reputation: 10371

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Quote:
Originally Posted by westcoastforme View Post
Propaganda and lies from prohibitionists. Some even in this site stating the price won't drop or won't drop by much and the black market for cannabis will always thrive
The black market will always be there as it is highly taxed. I believe the tax on weed, at it's lowest point starts at ~25%

Colorado’s marijuana tax is structured as a 15 percent excise tax on the “average market rate” of wholesale marijuana, plus a 10 percent state tax on retail marijuana sales, plus the state sales tax of 2.9 percent, plus local sales taxes, plus local marijuana taxes such as a 3.5 percent tax in Denver. When these taxes are added up, in Denver for example, a $30 eighth of pot (1/8 oz.) will have about $8.59 in taxes tacked onto it, or about a 29 percent overall tax rate. (By comparison, the equivalent tax on cigarettes is about 31 percent and on beer only about 8 percent.

http://taxfoundation.org/article/tax...ado-experience

 
Old 09-03-2016, 08:34 AM
 
2,950 posts, read 1,638,496 times
Reputation: 3797
Interesting. Once again Colorado is showing the country how successful their legalization initiative has been.

When CA legalizes in November I expect that prices will continue to fall.
 
Old 09-03-2016, 08:35 AM
 
3,129 posts, read 1,333,458 times
Reputation: 2493
Quote:
Originally Posted by notmeofficer View Post
We have a whole separate bureau to deal with alcohol...
Yes, and it works.

There are no alcohol cartel wars, there is no black market alcohol for sale in our schools, and people are not having their lives ruined because of the prohibition of alcohol.

So thank you for pointing that out.

I don't care how deluded you are or how bad you think pot is, the bottom line is:

PROHIBITION DOES NOT WORK.

So you can continue to try to spin Prop 64 as some sort of negative thing for "potheads" if that is how you get your jollies, but the reality is that it is a major step in the right direction.
 
Old 09-03-2016, 09:29 AM
 
Location: St Louis, MO
4,677 posts, read 5,770,582 times
Reputation: 2981
It will be interesting to see what happens to organized crime in Colorado as the marijuana black market falls apart.
Use of heroin, prescription opiates, cocaine and meth have skyrocketed in Colorado in the last 2 years (Colorado is now the a top 10 consumption state for all of those except meth). Alcohol use is also surging in Colorado (also a top ten consumer there), and it appears to be heavily linked to illegal sales of alcohol, with 50% of 18-21 year olds in the state consuming alcohol on a regular basis.

You will hear some people argue that it is because marijuana is a gateway drug.

I think it is because gangs and other organized crime are finding ways to replace their revenue from marijuana.
 
Old 09-03-2016, 09:55 AM
 
Location: Montgomery County, PA
16,569 posts, read 15,284,785 times
Reputation: 14591
Quote:
Originally Posted by westcoastforme View Post
Marijuana is getting cheaper in Colorado - Business Insider



Anyone with knowledge of simple economics could have predicted this. Another hit to the black market!!

In November CA, NV,AZ, ME and maybe more states will be voting on recreational legalization.
Heroin is pretty cheap too. What's your point?
 
Old 09-03-2016, 10:03 AM
 
Location: Caverns measureless to man...
7,588 posts, read 6,631,916 times
Reputation: 17966
Quote:
Originally Posted by marigolds6 View Post
It will be interesting to see what happens to organized crime in Colorado as the marijuana black market falls apart.
Use of heroin, prescription opiates, cocaine and meth have skyrocketed in Colorado in the last 2 years (Colorado is now the a top 10 consumption state for all of those except meth). Alcohol use is also surging in Colorado (also a top ten consumer there), and it appears to be heavily linked to illegal sales of alcohol, with 50% of 18-21 year olds in the state consuming alcohol on a regular basis.

You will hear some people argue that it is because marijuana is a gateway drug.

I think it is because gangs and other organized crime are finding ways to replace their revenue from marijuana.

Partly it, but it's mostly because so many drug users have moved to Colorado. The market for those other drugs has gone through the roof.
 
Old 09-03-2016, 10:06 AM
 
Location: Caverns measureless to man...
7,588 posts, read 6,631,916 times
Reputation: 17966
Quote:
Originally Posted by westcoastforme View Post
That source has so many holes and little information that it's laughable. With your logic there would still be illegal alcohol sales today.
There are a lot of illegal alcohol sales today, in some parts of the country. Good moonshine goes for as much as $200 a gallon, if you can get it. Granted, it's not a big market, but people still pay for it.
 
Old 09-03-2016, 11:11 AM
 
Location: St Louis, MO
4,677 posts, read 5,770,582 times
Reputation: 2981
Quote:
Originally Posted by Mr. In-Between View Post
Partly it, but it's mostly because so many drug users have moved to Colorado. The market for those other drugs has gone through the roof.
That could be an icky feedback loop, since organized crime will follow the drug users too (and bring with it increased human trafficking).
 
Old 09-03-2016, 11:18 AM
 
Location: St Louis, MO
4,677 posts, read 5,770,582 times
Reputation: 2981
Quote:
Originally Posted by westcoastforme View Post
That source has so many holes and little information that it's laughable. With your logic there would still be illegal alcohol sales today.

How much is cannabis at stores In Seattle?
There are large amounts of illegal alcohol sales still. Probably most of it is to end customers (e.g. underage sales) but even alcohol trafficking (mostly to avoid taxes) is still pretty common. Tobacco trafficking is more common than alcohol trafficking, but neither has disappeared.
 
Old 09-03-2016, 01:38 PM
 
Location: not normal, IL
776 posts, read 580,970 times
Reputation: 917
Quote:
Originally Posted by Mr. In-Between View Post
Partly it, but it's mostly because so many drug users have moved to Colorado. The market for those other drugs has gone through the roof.
I would like to personally thank you and marigolds6 for addressing this. I stupidly, went across country thinking I would have a shot getting decent job on the west coast. I have some friends that moved back to the PNW and told me I would be a good fit there. My though was that I don't smoke and there are jobs that still require you to be "clean" to do. I thought I would grab one of these jobs. In my searches and on sites, even people who have lived in these communities, say the crime has went up since the legalization. I couldn't care less if they do or don't smoke but I was looking for a lower crime area with better winters. I kept trying to find out what was behind this. All the stupid answers I got ranged from "we have no crime" to insulting southern Oregon, whatever that means?
In response to the health care side someone else mentioned, maybe the drug companies should get their act together. I know more and more conservatives supporting legalization because it is they only form of treatment that works for their condition. Also, to get off topic but show my point, look at how far behind we are on antibiotics. Many doctors say we are not ready for the next major pandemic. Many don't like it because it's not actually fixing the problem but it is the only thing they can "get them by".
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