did anything happen this week here with the weed news man I wasn't sure?
just kidding listened to the majority of that hearing meeting whatever you call it nonsense on Monday and after hearing the birds sing and weighing all the media chatter there after I don't think this is going to pass on Monday but frankly it's for all the wrong reasons that it won't. Turner Rice Cardinale etc these people are beyond clueless. stoned driving? seriously.. that is not a real problem. drunk driving is. the two are not the same in any way.
do you know what is a real problem? people being arrested and having their lives ruind over Cannabis. that's the main reason why even this bill is flawed in so many ways I do want to see it pass. I'm tired of seeing people arrested for small amounts of weed.
the lack of Home Growing being included and the lack of a real way for the little guys to get involved in the market are the main reasons why I would be opposed to seeing this pass but I fear the opportunity may be lost if the state does not act now. if decriminalization was a real option under this admin I would be all for that but this has been mostly a cash grab for the hungry hungry (hippo) state budget from the start we know this.
interesting breakdown from this article regarding the taxes. so on top of the $42 per ounce tax from the state locals can also apply up to 3% as well some quick math here
450 * 3% = $13.50
so the effective tax is now looking more like $55.50 per ounce in some locales with current prices
getting back to my point here.
no one I know is paying that.
let this pass.
let this new "legal" market fail bigly.
let this underground market prosper.
let the expected tax revenue fall short.
