1. We are currently experiencing issues with viewing and uploading images, our team is working on the issue.
    Dismiss Notice

Could Legalizing Marijuana Help the Economy

Discussion in 'Marijuana News From Around The Globe' started by Ranken, Mar 1, 2009.


    Kant Well-Known Member

    despite the fact that our national economy and the global economy is in shambles the prohibition part of the economy is quite strong. When i say the old economy must first die i meant the prohibition specific part of the economy.

    The legal marijuana economy is a new thing. all of it right now is illegal. most of it is controlled by gangs, drug cartels and local/small time growers. yes the local/small time growers like us will quickly convert to the legal aspects but will the gangs and drug cartels? If they do great but i don't think it's that likely.

    Moreover once it becomes legal, everyday farmers are going to pick this up, along with hemp. That is a completely new aspect of the economy. It's not going to just pop up over night.

    It probably will provide a huge benefit to the economy on the whole but it's going to take time.

    misshestermoffitt New Member

    Legalizing would help the economy. People with grow knowledge would be able to start their own home based businesses which would stimulate their local economy.

    Law enforcement could focus on real crime, prisons would have less overcrowding on their hands. Lawyers would still survive and if they didn't would you really care?

    Let's not foget about the wide range of things that can be made from marijuana/hemp. That gives potential for a wide range of new industries.

    Imagine having a choice, hemp based products or oil based products, which would you choose? The people who would eventually lose out would be the oil barons and I for one can't feel sorry for them. They'll still have plenty of money to live on.

    I for one would like to have Hemp jeans available locally to buy, hemp is a stonger fiber than cotton and they would last longer. There's nothing worse than your favorite pair of jeans falling apart.

    Hemp paper, hemp particle board, hemp cosmetics, hemp plastics, hemp foods, hemp fabrics, hemp fuel................

    420DrGreenthumb Active Member

    Hemp paper, hemp particle board, hemp cosmetics, hemp plastics, hemp foods, hemp fabrics, hemp fuel................[/quote]

    Hell yes! lol, there are afew houses in north QLD i think that are entirely hemp made. There would be such a huge industry if they just legalised it.

    1kooguy New Member

    Hemp yes,alot of great stuff can be made with hemp.But most stoners will grow there own ganja.

    misshestermoffitt New Member

    Nah, Americans if anything are lazy and all about wanting it now. Most won't grow if they could just run to the store and buy it.

    There's where we all fit in. We would end up being the weed barons........the marijuana cartel if you would. It'll be us VS the oil barons.


    Kant Well-Known Member

    So i suppose on that note, what do you think will happen in the year immediately following prohibition?

    I think that hemp seed sales and marijuana seed sales will go through the roof to the point of exhausting supplies. I truly don't believe that gangs and drug cartels are going to start selling it legally, they'll go about business as usual. Since it will take some time for farmers and mass producers to flood the market with hemp/pot it going to us small time growers that will be supporting the legal market, which means prices for a brief time might sky rocket before plummeting.

    I that's just one of many scenarios that i've thought of. although if that idea isn't completely wack, if there is ever a hint of legalization on the federal level, buy all the strains that you've ever wanted to grow because everything will be sold out for some time thereafter.

    misshestermoffitt New Member

    The year following the end of prohibition will probably see an explosion of home growing attempts. Most people will give up after their first attempt for various reasons.

    One reason being people who don't know the first thing about growing will let the pollen on the loose and end up with seedy crops.

    Another reason will be that after growing and having to wait for the harvest it just won't be easy or quick enough for them. Most won't want to wait out a 6 or longer month grow if it is available for purchase in a store.

    A third reason will be lack of even general growing knowledge, how many people do you see on this forum that are chopping off their fan leaves?

    Once things settle down, that is when some of us can rise to the top as good herb growers.

    Kant Well-Known Member

    finally out talents well be appreciated. and so will our wallets.:mrgreen:

    misshestermoffitt New Member

    I actually had someone try to tell me that in order to get buds you had to have a male plant :roll:

    Those are the people who will be epic failures.

    Kant Well-Known Member

    well i suppose if you want seeds for later grows perhaps.....

    misshestermoffitt New Member

    They didn't say seeds, they said buds, "the plant won't grow buds unless there is a male nearby" is what they said. :roll:

    It wasn't someone here, it was a person I actually know. That is the type of person who will try to grow and then give up. Good for the rest of us. :clap:

    Ranken Well-Known Member


    i think i could live with all that

    Kant Well-Known Member

    Ok so next topic: do you think that California's attempt at legalization will work to help alleviate their budget?

    My answer is: only a little.

    Assuming that i am wrong about any possible draw back from the fall of prohibition businesses. I think that the attempt will fall short very of expectations. Small time growers will convert to the legal system quickly. I don't think that gangs and drug cartels will sell it in the legal system. IF they did then yes, cali's attempt would work as they promote it. However if they don't they're still going to sell it like they do now. I don't think that they will go away or even diminish that much. The reason is because, in order to cause their downfall they need to be beaten by competition. But I don't think that big farms and companies will risk the federal legal ramifications.

    It's a massively important step forward that i support but i don't think that it will work all that well. moreover i'm worried that this might hurt our cause. because if my hypothesis is even remotely correct then it'll be used as a talking point about how our position is wrong.

    justatoker New Member

    damn straight it would def help the economy.. the taxes from it alone would prolly be in the hundreds of milliions.. Not to mention all the underground,undeclared money that trades hands from buyer to dealer every day that would be put into "normal" circulation... OMG of course it can only help the economy.

    TemporarySaint Active Member

    Kan you clarify this last statement. Is it a "massively important step forward," or will it "hurt our cause?" Because it kant be both.

    misshestermoffitt New Member

    I know legalization would help my own personal economy.

    Kant Well-Known Member

    So what I was saying was that the guy who introduced the bill claimed that taxing pot would bring in over a billion dollars to california's coffers as well as reduce crime. Yes, not enforcing prohibition will save money.

    I don't think that small growers that would switch over to the legal system would be able to supply the demand that would occur(assuming this bill passes). When they don't meet that demand, gangs will meet the rest of it. Unless the legal supply can meet the demand the black market will survive.

    ok so the last statement what i meant was that this bill is huge symbolically. It is a sign of the changing times which is important. What i meant that it could hurt us was that if it fails to live up to expectations then it will be used as proof that legalization doesn't work. which will make our struggle all the harder.

    Hydrotech364 Gen Mod

    Well Kant,I dont like prison guards or drug testers.Maybe they can get a job where you get to snear at people alot,like Receptionist or humanitarian aid worker.We will surely have a few more hurricanes on the gulf where i live.We have the new death row for Texas here.Handing out fliers looking for suckers to be guards.

    Kant Well-Known Member

    I'm not saying that it's a good use of our money. i'm simply saying that it is a use of money which supports an economy of prohibition.

    misshestermoffitt New Member

    I'm sure when alcohol prohibition ended there was a lag in time where things needed to switch over from back alleys to store fronts, but it got done.

    Prisons have become private industries and I'm sure they are little money makers, but really, would anyone out there enjoy sitting in prison over a plant just because prison guards need jobs too? That's no reason to keep it illegal.

    I think the money saved on busting people for pot would be a really amazing number. Just think of all the people in prison what it costs to feed them. Isn't it like $60 per day per person? That's a lot of cash saved if all the non violent marijuana offenders were let out.

Share This Page