A Busy Year in Cannabis: Lessons Learned and Predictions This year, as we reflect on how many of these predictions became. Here's a outlook for what to expect from the marijuana industry. Maybe it will be the year of CBD, after the Farm Bill legalized industrial hemp. . " The lesson for manufacturers is to expect a competitive landscape by million in the fourth quarter, beating its own forecast made in October. But as I've noted in previous versions of this post (all 15 of them are linked at the fires, hurricanes, floods, and other related climate catastrophes of I know I predicted just a few posts ago that will be the year the tech sector for an easy win, Congress will pass legislation legalizing cannabis.
Year Cannabis: Busy A Lessons Predictions and 2018 2019 Learned in
To be sure, every new market creates winners and losers. But the timetable is faster with pot: Mom-and-pop farms are accepting lowball offers to sell to out-of-state investors, and what was once a diverse — and local — market is increasingly owned by a few big players. Cordell has a rare level of visibility for a cannabis grower. Mild weather blessed the summer of and stretched generously into the fall. And growers going into their second summer season planted extra seeds to make up for flower lost to a storm, the last vestige of a brutal typhoon blown across the Pacific from Asia.
It kept supply low and prices high in — even though the state was handing out licenses at an alarming rate. The OLCC basically issued a license to anyone who qualified.
Chadowitz blames out-of-state money for flooding the Oregon system. In , state lawmakers decided to lift a restriction that barred out-of-state investors from owning controlling shares of local farms and dispensaries. The OLCC has said repeatedly that it has no authority to limit the number of licenses it grants to growers, wholesalers and dispensaries although by contrast, the number of liquor stores in Oregon is strictly limited.
Since voters legalized recreational marijuana in , many industry veterans from the medical marijuana years have chafed at the entrance of new money, warning it would destroy a carefully crafted farm ecosystem. The same problem has plagued cannabis industries in other states that have legalized recreational weed.
Washington saw its pot drop in value at the same time Oregon did. The OLCC remains committed to facilitating a free market for recreational marijuana in which anyone can try their hand at growing or selling. The only thing that we can regulate is canopy size. This is not a phenomenon that is unique to cannabis.
Across rolling hills of Oregon farmland and in Portland dispensaries as sleek as designer eyewear shops, the story plays out the same: But last June, Duyck launched Private Reserve Cannabis , a weed grow designed to create permanent jobs for seasonal workers. Weed prices were high: By the start of the new year, Duyck was sitting on lb of ready-to-sell flower — an inventory trickling out to dispensaries in single-pound increments. So he turned to a wholesaler, Cannabis Auctions LLC, which holds monthly fire sales in various undisclosed locations throughout Oregon.
Weed auctions operate under a traditional model: Duyck sent 60lb of pot to the auction block in December. He had adjusted his expectations downward: Middlemen — store owners without farms — are also suffering. Morse ran Human Collective II, one of the earliest recreational shops in the city, which first opened as a medical marijuana supplier in At times, Morse stocked strains in his Multnomah Village location. Morse lobbied for legal recreational weed and founded the Oregon Cannabis Business Council.
The shift to recreational was costly. By last summer, new stores were popping up at a rapid pace. When we closed, we had six. Just as mom-and-pop grocery stores gave way to big chains, people like Morse are losing out to bigger operations. Chalice Farms has five stores in the Portland area and is opening a sixth in Happy Valley.
Yeah, you also fell for "WMD! The Bush and clinton dynasties both supported drug lord psychopaths by not only moving product for them but by sending them guns as well. Which has to be ok because Obama also sent them all the fast and furious guns they could want.
They weren't the full-auto Israeli-captured AKMs they were used to mind you, but they still worked well enough to kill a few border patrol agents no? Consider that all the money you spent on cartel drugs for decades was used to buy the guns the cartels used to eliminate the competition, as well as many many s of innocent civilians.
Their terrorizing also flooded your state with all those undocumented welfare recipients and criminals for your entertainment. You should send papa bush a thankyou note. How can companies that grow and sell MJ be traded on the stock exchange?
BTW they cannot have bank accounts. You are my entertainment. Regular users of cannabis in California get theirs from local growers, ones with ecology in mind. And they pay taxes. I do not know what happens in the Bible Belt, where they vote for the Roy Moores. States that have legalized it allow licensing.
Since the federally regulated banks can't really handle their money, they have to capitalize in a corporate structure. BTW, that announcement sent a bunch of my stocks way down. Thank goodness for the canadian ones How many DOJ people want to buy into the market, but didn't want to pay going stock prices, do you suppose there are? Jeff Sessions himself, I could even imagine Since they are public companies that are exchange traded they come under the auspices of the SEC.
How can they file financial reports when their income comes from federally illegal activities? Again, we have partial enforcement of federal laws. How can you bring any one up on federal charges for drug sales when these companies are allowed to go public. I'm not a banking law kind of guy. However I do see this for what it really is - a money grab California will be the first state to successfully secede from the US. Well, not enough of them did, if you recall the most recent election Notice that anti-depressant's are pharmaceutical synthetic in nature Can't beat Mother Nature MJ has a lot of bonafide medical uses and has less unwanted side effects than many prescription drugs used for the same conditions.
There is no logical reason for banning it as a prescription drug. MR Again, we have partial enforcement of federal laws. Again, I say - total Money grab. How many federal employees and their friends have Etrade accounts, would you say? Today's wealth in comparison to say the 50ss more modest lifestyle comes at the cost of our children.
One parent staying at home and one parent working is ideal. Now time stressed over employed parents just bring their kids to a doctor and say fill umm up with high test please I don't have time to deal with this. MR You mean like producing mass murderers?
One parent staying at home and one parent working is ideal not necessarily there are far too many factors that should be reviewed, IMHO Now time stressed over employed parents just bring their kids to a doctor and say fill umm up with high test please I don't have time to deal with this schools and parents alike have become addicted to the medicated docility and controllability of their youth My wife often gets downright pissed about that one!
MR cont'd Today's wealth in comparison to say the 50ss more modest lifestyle comes at the cost of our children. This is hard to ignore when you see others around you driving new vehicles while you can only afford a used POS Hooptie.
Can you really attest the problems to a singular or small number of sources when it's so convoluted? Yea I do tend to oversimplify but then again perfection is the enemy of accomplishment. I agree with the credit card addiction. I just bought a small puckup truck by choice not by lack of funds since my jeep was getting a little old. The point is, keep the government out of the dope business. If they want to regulate it, they should have no stake in it, because that creates perverse incentives and ends up badly.
Another example of the same principe: Alright, so what do they do? They put all the legislative and subsidy pressure on pie-in-sky technologies like hydrogen cars that they KNOW will not deliver the goods for a good number of decades, if ever.
They're just playing lip service to delay the date when they have to give up on that source of tax revenue. Which just goes to point out the old truth: Politicians get elected by promising the public to fix a fault, but if they actually do then they don't get re-elected because there's no problem to be fixed anymore.
Therefore they either don't do anything about it, try to make it worse, or if the problem happens to solve itself - they make up another one. They just can't leave well enough alone. The bureaucrat always finds a reason for more bureaucracy, just like the revolutionary will always find more enemies after they've already won. Hence why, a good government isn't trying to find problems to solve, doesn't try to save people from themselves, but merely acts as an arbiter of disagreements and upholds the agreements law.
A goverment that meddles in the people's businesses and taxes them for this purpose is being a bad goverment, because it's self-serving.
MR since my jeep was getting a little old should have had a straight 6 put in the old Jeep. I had an old '96 that I repurposed with a straight six for off-road use since we live very, very, very rural say: Only bottles of assorted stop leaks kept toxic puddles out of my driveway.
BTW did you know that 2 tablespoons of black pepper makes a great radiator stop leak? Then the transmission took quite a while to go into 1st when it was cold outside. A goverment that meddles in the people's businesses and taxes them for this purpose is being a bad goverment, because it's self-serving they are one and the same, especially when the gov't is "of the people".
MR Well the Jeep Gran Cherokee Laredo did have 6 good cylinders but unfortunately it was a V8 I had a Cherokee with a V-6 that burned up the straight 6 was not only far more powerful and capable, but it was also hardier until they get smooshed, that is BTW did you know that 2 tablespoons of black pepper makes a great radiator stop leak?
I had a 5-speed manual. You're taxed on everything it requires to have a successful sex life. There are no free lunches Mother Nature is the Bitch Queen Capitalist What will be legalized next cocain? Lets face it between the entertainment industry, Wall Street and DC politicians the demand for this drug is insatiable. One of the reasons given to legalize MJ is to reduce illicit drug sales by criminals. As the law a unintended consequences states that might backfire. Do you really think that drug dealers will just close up shop and go work at McDonalds???
Nope the MJ sellers will just start pushing more dangerous stuff to their existing customers. MR What will be legalized next cocain? I don't have a problem with any drug used for a valid medical purpose.
I just have a problem with the recreational use of drugs if they interfere with the users ability to function in society. The problem is that most drugs including alcohol, when used as a drug, require ever increasing doses to remain effective. Soon the side effects become deadly.
I was talking about when the government defines itself as a "guardian" of sorts, and tasks itself to be proactive about identifying issues and then fixing them. Like, "oh no, many people are obese, the numbers are really high according to this arbitrary standard we just invented, we absolutely must do something about this, and in order to do something we must raise your taxes!!
And that's even before taking into account corruption and lobbying. Now one could make the argument that it is my life and I am entitled to do with it as I wish. The problem with that is that the state eventually becomes responsible for many of them or especially for their children. The problem with that is that the state eventually becomes responsible for many of them Who sets them that responsibility? Who gives the state the authority to take one man's money to keep another man alive, even if he's a do-nothing drug addict?
Unfortunately the same people who want unlimited drugs then point to the staring children and demand that something be done. The politicians meekly acquess. Starving children are always good for a vote or two, and at times, even two votes from the same person. Hell, here in the US we have built a whole political system around starving children. If they were to disappear a whole political party would cease to have meaning. That is why the problem will never be solved. During the past 8 years the US government imported over K unaccompanied minors to fill the shortage.
MR I was referring to popular opinion I tend to ignore that I don't have a problem with any drug used for a valid medical purpose. I just have a problem with the recreational use of drugs if they interfere with the users ability to function in society true that This is more a problem of the individual, however IMHO - we should be allowed to live as we please, including personal recreational drug use, so long as it does not in any way interfere with the rights of others like a DUI or uncontrollable habit is wont to do perhaps a good alternative would be to designate a "free for all" location for this behaviour in every major city?
Soon the side effects become deadly evolution works I won't complain about that one. I remember the last immigration news tear jerker. A man came from CA and was separated from his son at border. What gives him the right to cross our border? What kind of tear jerking B. Eikka cont'd Who sets them that responsibility? Now, let's get rid of the liberty to control your own neurochemistry, and waste a bunch of tax money doing it!
Captain, I was just remembering how much of our stuff had been made by Prison Labor, like duffle bags, uniforms, certain easy to produce items that were not mission critical if they were low quality. And lots of it. So I was not just talking randomly. Also the For Profit Prison thing has certainly been abused since we have even had judges found guilty of sending minors to prison facilities for unproven crimes, many innocents got snared up in those, and for the For Profit's, it is even better to get a young healthy adult busted for drugs.
It is something that is actually very much a problem in some places as it Does drive the 'But we ARE Still Slaves' thing, even for us Irish, whom Britain found were good, hardworking slaves thru debt-endenture, at least in the colder northern regions.
In the South we died from the heat, so they imported Blacks from Jamaica for the South. Steel So I was not just talking randomly yes, and I understood that part of the point however, the labour in prison has a purpose, from making restitution and providing prisoners income in a commissary to keeping idle hands busy for various reasons 2Bcont'd.
MR, what about Coffee? That too is most certainly a drug, hundreds of millions addicted to their morning cup. Cigarettes, while socially frowned upon, are used by hundreds of millions to billions worldwide, alcohol is widely used, and so are a number of substances. So why the artificial classification? The major reasons that majrijuana was made illegal was not because of it's drug useages, although that was the excuse given.
It was between Carnegie and Dupont that they got hemp production shut down so that Carnegie could cut forests, which he owned, for pulp since a way had been made to produce paper, although of low quality, from wood, rather than better paper from hemp. Same thing went on with Nylon rope and Hemp rope, and the banning of hemp killed entire worldwide industry and trade, impoverishing many nations.
Steel cont'd Also the For Profit Prison thing has certainly been abused since we have even had judges found guilty of sending minors to prison facilities for unproven crimes, many innocents got snared up in those, and for the For Profit's, it is even better to get a young healthy adult busted for drugs this is part of the conspiracist ideation I spoke of surely there are examples of problems like you state, just like there are examples of wrongful convictions elsewhere, but is there a trend or overwhelming problem as you note?
Spoken Like a true psychopath, albeit a failed one. Some folk assume we all have the same character "What will you do with your huge and secret advantage, and with the corresponding handicap of other people conscience? Even the profoundly unscrupulous are not all the same.
Some people - whether they have a conscience or not - favor the ease of inertia, while others are filled with dreams and wild ambitions. Some human beings are brilliant and talented, some are dull-witted, and most, conscience or not, are somewhere in between. There are violent people and nonviolent ones, individuals who are motivated by blood lust and those who have no such appetites. George kamburoff, lab rat. It was between Carnegie and Dupont that they got hemp production shut down so that Carnegie could cut forests, which he owned, for pulp since a way had been made to produce paper, although of low quality, from wood, rather than better paper from hemp Well a much bigger reason besides trees and rope is the competition with alcohol and pharmaceuticals.
All potential alternatives were targeted and deemed evil incarnate. Plus the profits from illegal drugs were enormous and provided a way of controlling major power bases in central and South America, and southeast Asia. Like oil, drugs enabled the west to maintain influence over areas and peoples with the potential to become problematic.
Nope the MJ sellers will just start pushing more dangerous stuff to their existing customers So stoners will naturally want to buy other drugs now that they can get pot legally? That doesn't make sense. It's not a gateway drug. Neither is booze or caffeine. Add in a cup of bias due to government funding and you might be able to see my point. I really don't think that the margarine study was and accidental error.
It is more likely that the so called researchers were paid to obtain certain results. The so called DDT study got the results that they wanted also by purposely reducing the amount of calcium in the birds diet. Some of these dealers will find new customers since the will not stop dealing. They will just change the product that they are selling.
I am willing to bet that there will be an increase in MJ sales to HS students when possession penalties are reduced. What is interesting is when government sponsored studies concerning MJ are mentioned most liberals dismiss them as being part of an anti MJ agenda. Yet when I say the government pays researchers to promote a CO2 warming agenda they all say that this is not possible.
A fraudulent study by doctors at Harvard funded by the sugar companies started the high carb low fat diet that created our diabetes epidemic. One of the doctors went on to the federal government and created the carb heavy food pyramid. At that time it was not officially recognized that sugar and other sugar like carbs were responsible for diabetes even though their effect on blood sugar levels was known. People are unable to cope with the society that has been created.
You would think that they could look at all of their participation trophies and feel good about themselves. Actually MR, a couple of things we have found is that HS age students have a Much Harder time finding pot now, not that they cannot, but it is No Where Near as readily available now on the street as it used to be, the penalties for such are just too high and they Are enforced, which is good, I like seeing that.
Also since some of the 'stoner population' are now able to get jobs as 'Budtenders', who are the shophelpers who assist you in the pot shops making sales, and they get paid well, along with all of the State and Fed taxes for being a company etc, the Govt has No Problem collecting those Taxes, but ye cannot have a bank account for a pot shop.
Also, people using pot tend to feel little need to try harder drugs, usually That starts when people are in deep pain and get started on Prescriptions. That is a totally different than pot, and I much prefer knowing potency, exact weight at a dry state and any pesticides or chems used on it at all Very Few , right on the label.
Yet when I say the government pays researchers to promote a CO2 warming agenda they all say that this is not possible for starters: MJ studies "sponsored" by the gov't only get partial funding.
Hemp and wood fibers serve entirely different purposes in the paper industry. For example, the use of hemp for rope and fabric was superceded by better alternatives even before artifical synthetic fibers came along. Manila rope was superior for its salt water resistance, and cotton was superior for comfortable clothing.
Despite the conspiracy theories, hemp became obsolete as a material. Steel Also, people using pot tend to feel little need to try harder drugs, usually That starts when people are in deep pain and get started on Prescriptions IMHO - no from what I can tell the problem of "drugs" is no different than alcohol: Hemp fiber costs about six times more compared to wood fiber.
Some will if it is made more available to them. So maybe if they have any money left. Ideology on both sides borders on religion.
As far as conspiracy goes when you have a religion that needs protecting it will always look like a conspiracy. In discussing their views and goals they form a de facto conspiracy. The same goes for the Right. Being a religion it is very hard to convince either side to change.
The grant system is heavily biased towards particular outcomes. This is painfully obvious when one reads the description of the papers such as considering triboelectric generators a source of green power or papers proposing to charge one's cell phone from a home wifi signal or background radio signals.
MR That part I totally agree on. As far as conspiracy goes when you have a religion that needs protecting it will always look like a conspiracy yes however you are specifically commenting on the political argument of AGW and not the science WRT the argument of bias or ideology when you talk about the science things are very different: Capt you think that science shapes government policy while I think that government policy also shapes science via the availability of grants.
The UN is a huge part of the problem. They want to use AGW as a revenue and political power generating tool. MR cont'd This is painfully obvious when one reads the description of the papers such as considering triboelectric generators a source of green power or papers proposing to charge one's cell phone from a home wifi signal or background radio signals this is also a potential resource that fills a seriously large need in society whereas you can sometimes have focus areas in the grant system as in alternate power sources or similar niche market areas for the most part it all comes down to the historical success of the grant writer - that single factor can make or break a grant which is why there are professional grant writers out there Being a religion it is very hard to convince either side to change.
Just as Hitler had no problem finding scientists to create weaponry for his empire the UN has no problem finding scientists to willing to "prove" AGW.
MR Capt you think that science shapes government policy while I think that government policy also shapes science via the availability of grants sorry, but no if science shaped gov't policy we would have curbed CO2 emissions long ago science is a tool to examine the natural world around you government grants can't "shape science" simply because they're simply a means to pay for the examination that will happen anyway, especially since most of the science funding comes from other sources The UN is a huge part of the problem.
They want to use AGW as a revenue and political power generating tool 1- maybe. You have to see the irony in that. MR WOW you took the words right out of my mouth, it could even be a quote, yet we are on opposite sides of the fence. Since they are trying to prove a very small temperature increase over a long period of time is does not really take a lot of data massaging to prove anything that one wants. With the advent of an amoral society it is very easy to corrupt research. For Pete's sake they cannot even properly measure the earth's temperature with sufficient accuracy today let alone know past temperatures and their causes.
The authors are simply checking all the boxes that might ensure them future funding, and it often works. When you add references to politically expedient topics to your research, the politicians can say they're "doing something" by funding this research. That's why I have commented earlier that, whenever you see some invention being described as helping the environment. If it did have real merit and relevant results, they'd list that instead.
MR cont'd more to the point: Hide the decline is a very important statement in that it shows intent from a leader in the field.
The purpose of a paper is to make things clearer not to hide the truth. There's plenty of places on earth that stay habitable even with the most dire projections of climate change.
For example, the whole of Siberia and northern territories of Canada become rather comfortable if the global temperature rises a couple degrees. Have you seen the map of the globe recently? Northern Asia is a -huge- place that is currently all but uninhabited because it's landlocked from the north by year-round ice and the climate is too cold to grow food.
MR Hide the decline is a very important statement in that it shows intent from a leader in the field. Eikka There's plenty of places on earth that stay habitable even with the most dire projections of climate change and what happens when those places become inhospitable because no one thought to actually make changes?
There's two parts to this question: Mann distorted it or not. The third part is the projections, which are extrapolations and not science, as they are not testable. It takes years to come up with the evidence of whether the model was actually right, as you can fit an infinite number of false models to pre-exisitng data and seemingly "explain" it by tweaking your model. The problem with AGW is that you have a vast selection of models and projections to choose from, for any political purpose you wish.
That's shifting the goalposts beyond the point. For the AGW projections we have now, there's no "end of the world" in sight, so appealing to such scenarions is just irrelevant. That's the real question, because AGW is intrinsically entwined in politics.
You can't even talk about the subject without touching the subject of what should be done about it. Trying to present the issue as, "the science is settled, the politics is irrelevant", is disingenuous because there are no neutral parties.
Everybody, including the scientists coming up with the data, have an opinion and those opinions refect back on the science. Confirmation bias does exist, and you can't get rid of it. Science tends to converge to the right answers, but assuming that it already has always needs to be viewed through skepticism.
Capt solar roadways are a prime example of the problem we face. Science, media and the government are teaming up to fleece the taxpayers and enrich corporations. But why stop there when billions upon billions are yet to be distributed?
The problem of the science is thus - well - it's not a problem of science, but of what results from the science and how people then interpret it: If you take as your assumption that the climate is an unstable system dominated by positive feedbacks, then all the mathematical descriptions of climate lead to runaway oscillatory changes that bounce from catastrophe to catastrophe. That is to say, none of your models will result in an answer that says "everything will be fine", because you've started by assuming that this cannot be.
This subtle point is often overlooked by even the climate scientists themselves, because unstable models produce "more interesting results" - ie. It's a false application of Occam's Razor. You can also start from the other assumption that the climate is a stable system, but this is more difficult, so the science is biased towards the doomsday scenarios. Capt the root of our disagreement is that you think that scientists are pure and I view scientists as just as corrupt and amoral as the rest society especially politics since both are now interlinked.
There is a lot more money to be made and funding to acquire when preventing catastrophes than predicting no real change.
Of course, as a real scientist you would be interested to test whether the climate is stable, unstable, or whether it switches for some reason or another and why, but the doomsday mongers will not wait for you to test your theories. Nobody will fund such a long study, because it won't result in politically useful answers in the here and now, and even if we did fund it, the results would arrive 30 years hence - in the mean while the doomsday mongers will have pulled off a political coup and de-funded all research that disagrees with them.
Even if the science is only partially funded by the government, the same political biases pervade the entire society. If some answer is useful right now, like "climate change is happening, buy our solar panels", then it's that much easier to get funding for research that confirms. It's a rigged game, as people are very fast to label anyone considering alternatives as "big oil shill", while totally ignoring the opposite bias.
Note, this choice was not by accident! One cannot say it was by design either. There's no evil conspiracy involved here: Government systems, political systems, begin to exist to solve conflicts in the society, but as the political class tasked for the purpose has solved the issues, it starts to find other reasons and excuses to keep existing and to keep growing, so the political elite always finds a new conflict or an enemy to keep fighting, to keep saying to the people "you need us".
At the end of 19th century with the erosion of autocratic power where the elite simply took resources to itself by right and might, the new democratic societies started warmongering, doomsday mongering, selling fear, selling conflict, selling victimhood etc.
Even the communist revolution in Russia was just the communist elite wanting to be the bourgeoisie instead of the bourgeoisie. NASA is a great example of scare funding. As soon as the space program dried up they switched to asteroid collision prevention as a source of funding. I am not advocating for extremism - I am advocating for the science and the evidence a point you seem to have missed, even though I stated The question isn't about you, but about the society in general.
AGW is a political issue first, a scientific issue second, and these are practically inseparable. You cannot be neutral in the matter. If you try asking the hard questions or exhibit any skepticism, you are labeled a "denier" or a "shill" - regardless of what the science actually says or doesn't say. You're already picking sides and making politics while claiming you're just following the science. The third fault is assuming that if contrary evidence exists, it would have been presented already.
Again, proving any of the current climate models wrong by contrary evidence would take years for the data. MR Capt the root of our disagreement is that you think that scientists are pure and I view scientists as just as corrupt and amoral as the rest society especially politics since both are now interlinked.
They are not testable in the here and now, where the claims about climate change are being made, so the claims made in reference to such projections are not scientific as the currently untested models have not yet yielded any -science- lit. You assume things are degrading. Maybe we can say things are getting better, because the north sea passage is beginning to open and the vast lands of north Asia are becoming available, so maybe we should continue on this route for a while?
A big part of the problem here is also the Gish Galloping of the climate science.
Cannabis sector focus shifts from legalization to legitimacy
Wed 9 May EDT Three years into Oregon's era of recreational cannabis, the state is . “By starting up the cannabis business,” says Duyck, “it keeps my guys busy on a year-round Weed prices were high: Duyck forecast a $1, return per pound. .. Sorry, I've forgot what I was gonna say. per cent of current cannabis users in Canada plan to make purchases at the legal cannabis market could generate $ billion in sales next year. - Ontario's goal is to have 40 stores operating in the province by the end of 8, BNN Bloomberg's commodities update: Feb. 8, Cannabis Canada Newsletter. Get a daily rundown of the top news, stock moves and feature stories on the burgeoning Canadian marijuana sector, sent straight.