U.S. dollar deterring Canadian marijuana smugglers

Drizzle

Well-Known Member
I found this article interesting:

WeBeHigh.com - Worldwide Marijuana Travel Guide With Marijuana Prices, Spots & Legalization Status[/URL], a Web site billing itself as “a travelers' guide for getting high.” They say pot in Nelson is “virtually legal,” and note that “public smoking is more or less OK if you're not dumb about it.”

And yet Middlemiss can tell you all about hassles with authorities, hassles he blames on the myth of B.C. bud and the infamy of large exporters.

“We have a motto around here, and it's called Canadian pot for Canadian lungs,” Middlemiss said. “We don't need the DEA blowback. We've got DEA helicopters over our gardens, and all this DEA money out of Washington being spent up in Vancouver. It's nuts.”

Also up in Vancouver is Marc Emery, the so-called “Prince of Pot,” a Canadian who for years made his living selling mail-order pot seeds. He's also head of the political Marijuana Party, and runs Cannabis Culture magazine. To Canadian officials, he's a businessman. To U.S. law enforcement, he's a fugitive for selling seeds across the border.

Emery, unlike Easton and Middlemiss, believes Canada's booming oil fields have pumped enough dollars into enough pockets that the domestic demand can, for now, absorb the homegrown pot supply, thereby keeping prices high despite the lost export market.

“We have a very strong economy here,” Emery said. “It's just like a bull running through a china shop - this economy is on the run.”

But whether Canada has enough smokers to puff up this season's entire crop - it's harvest time in Nelson right now - all agree on one thing: Exports have ceased, Montana is dry, and with California growers located so far away, the stage is set for a homegrown bonanza under the Big Sky.

“At this point, you might as well grow it locally,” said Moore, at Kalispell's Heads Up. “It's not worth the risk to smuggle it down anymore, so people will start their own operations. It's simple supply-and-demand economics.”

During the last economic recession, local busts of grow operations went way up, he said, as people turned to pot to pay bills, meet mortgage payments and feed the family.

“What's a better way of doing that than plugging in a light?” Moore said.

“Even in the good times,” he said, “people around here can't afford to buy a house. If the economy takes a dive, well, it's always easy to grow your own.”

According to Middlemiss, there's a renaissance of sorts in new technology for small, compact, low-profile homegrown operations.

Emery likewise looks for the signs of economic fallout not on Wall Street but on Main Street, where the pot changes hands every day.

The signs, he said, are everywhere. Three years ago, at least one person was caught smuggling marijuana south into the U.S. almost every day, he said. Now, whole months go by without a substantial border bust.

But don't forget the struggling peso, which down on the U.S.-Mexico border may soon be helping to fill the B.C. bud gap - albeit without the pedigree.

“They're all about quantity down there,” Middlemiss said. “We're about the quality.”
Missoulian: U.S. dollar deterring Canadian marijuana smugglers
 
Bad news for canooks, good news for us, with the stream from the north drying up the prices for quality bud should go up...
 
Great article, I never thought about what the weakened US dollar would do to the BC export market!
 
So does that mean my OZs have gone from 200 to 300, wow, I thought I was selling too cheap, ~LOL~, Only kidding,~LOL~, I don't sell weed.
 
So does that mean my OZs have gone from 200 to 300, wow, I thought I was selling too cheap, ~LOL~, Only kidding,~LOL~, I don't sell weed.

You're "selling" ozs for $200? Try growing Train Wreck or Super Silver Haze ... it goes for $400-$500 here. ~lol~ I don't sell either.

Vi
 
I wonder, if the US dollar zeros out, does this mean the weed would be free?? I'm thinking my Iraqi Dinars may well be worth a million US dollars, soon. Then I'll cash them in for 1 dollar bills, and use them in my fireplace to keep warm this winter.
 
This is an old story.

The U.S. dollar has been quite strong as of the past two months. There are two reasons for this. 1) The U.S., as hard as it may be to believe, is actually doing better than most industrialized countries (on a relative basis - and I need to stress that!) Europe had a housing bubble just like we did, so did Canada, almost everywhere did. So, the U.S., as fucked up as it is, is still seen as a safe haven. 2) Money poured out of the U.S. into Japan, and then throughout the Emerging markets of China, Indian, Brazil & Russia. Why Japan? Well, they went through what are going through in the late and early 90s....Since then, in an attempt to stimulate their economy, the Japanese central bank has left interest rates below 1% for a very long time. Hedge funds operate on leverage (borrowed money) so, they search for a stable currency with low interest rates because the less they pay for money, the more they keep. Soooooooo, with losses compounding in Hedge fund land, many, many funds are facing redemptions, and have to close out their positions, repatriate their money, and give it back to their investors - thus buying back the dollars they sold.

Takes a 1.25 for a canadian to buy a dollar these days.

The smugglers are back in business.

Sorry, I just now saw the original post date.............how this got raised from the dead is beyond me, but hey..............good times.
 
You're "selling" ozs for $200? Try growing Train Wreck or Super Silver Haze ... it goes for $400-$500 here. ~lol~ I don't sell either.

Vi



Wow guys we pay $180-$240 per OZ Hi grade premium Hydro, usally medical grade. I can't get over how much you guys in the USA pay for weed. Although I kinda understand as its not really tolerated down there.
 
180 here no more then 200. But it hasn't always been that way here. Actually it was back around 2007 when the prices started going down probably linked to the "overstocked"market.
 
I wonder, if the US dollar zeros out, does this mean the weed would be free?? I'm thinking my Iraqi Dinars may well be worth a million US dollars, soon. Then I'll cash them in for 1 dollar bills, and use them in my fireplace to keep warm this winter.

Or you could sell me some at 1/2 price. I'll pay you in 1 and 2 dollar peices loonie/toonie. you could melt them down and buy a furnace. Probably last longer than paper.bongsmilie
 
ive heard from a documentary...think it was "the union: the business of getting high"...that about 5 percent of the weed in the US comes from canada...and most of it is grown domestically. so it shouldn't affect prices for us much, unless maybe you live in a state right below the vancouver/BC area
 
we are all just yapping on an old thread budsmoker this was from 07 when our money was almost or was par. Just for sake. Our dollar right now is worth .9115 of yours.
 
I reread the original article that started this thread. The point was made that it costs $2000 to produce one pound of bud. Figuring really good nutrients and a 1000 watt light, it shouldn't be anywhere near this amount. What say you all?

Vi
 
I reread the original article that started this thread. The point was made that it costs $2000 to produce one pound of bud. Figuring really good nutrients and a 1000 watt light, it shouldn't be anywhere near this amount. What say you all?

Vi


Yeah I caught that too. I think the reporter got it mixed up. it cost $2000/lb to BUY in BC.
 
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