Marijuana America's Number 1 Cash Crop

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Originally Posted by medicinal

Yeah, it's a shame they cant just let it be, The savings in enforcement alone would pay off the national debt in a few years. I think the price of an ounce is more like 400-600 bucks, unless your talkin schwag!

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I live in Kentucky-price of pot is cheaper for us rednecks.

The price would go way down, and you'd be able to grow it for yourself withoutany risks. As well, you'd be able to get all the imported stuff. The only downside would be if the governemnt let private companies sell weed, then they would start using additives to make it more addictive and we have tobacco all over again.

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Originally Posted by andruejaysin

Pot can be grown for next to nothing, the price would fall drastically if it were legal.

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Ya, but we're not just talking about growing pot anyways. We're talking about growing, maintaining, pruning, disposing of mass amounts of plant waste, drying, curing etc etc. It is an extensive process if done on a large scale industrial level. Not only that, but what do you figure several dozen 1,000 HPS lights on movers would cost electricity wise? I wouldn't dare say it would cost next to nothing, especially in warehouse size grows.

does the gov really need more money? look what they have done with what they HAD.

medicinal, hate to be the one to tell you this but if you havent already figured it out already, the national debt is never going to be paid off.
U.S. National Debt Clock
im sure that they would tax the crap out of it if it did get legalized just like they do everything else.

In my province we have the largest government operated grow op. You can also jump through hoops to grow legally for the gov't for $3 a gram

Chrissey how do u go about growing for the government.Even at 3 dollars a gram youd still make money if you grew alot.

buy the book Sell Marijuana Legally Book
support those blazing the trail for us. I haven't picked it up yet but am dieing to get my hands on it.

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Originally Posted by dawninthemorning

I came across a news story that says marijuana is the top cash crop in the U.S, bigger than wheat and corn combined. If we can trust the numbers that have been released, $35 billion is produced annually. They are saying that the $35 billion equates to 10,000 metric tons.

The $35 billion is just going off "retail value" of a pound of pot. Producers cost of a pound is $1,606 and the retail is $2,400. So they are saying the average ounce goes for $150.00. Most people buy in smaller quantities, but I am trying to keep this simple.

Okay, so the argument that we have been hearing about for years is over the legalization of marijuana. I was curious so I looked at this from a business standpoint. Let's just say that pot was legal and they put a 10% sin tax on it (obviously the retail price would end up being higher and the tax would be higher, but again keeping it simple). Per ounce, the government would make 15.00. That would mean metric ton, the government would make $528,960. Let's put this into perspective people, when you do a little math here you will see that the government stands to make $5,289,600,000.

I don't know about you, but I think that this looks promising. Any thoughts? If you are interested in reading the story that I got the numbers from, I found it on AOL newslinks.

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you're assuming that the market would stay the same if weed was legal. it wouldn't. the vast majority of clandestine growers would be done for, and a new business model would have to be built. folks would grow it on their patios, but still not that much. i think you'd have big tobacco perhaps in the best situation to capitalize; prices would plummet; still, yes, the govt. would make a ton of cash; i just don't want my weed-tax funding war

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Originally Posted by dawninthemorning

I could be wrong about it being higher, but I am thinking that the stores and merchants, before they are going to sell it, they are going to look at the profit margin. If people on the street are willing to buy an ounce for $150 and that is with seeds and stems, merchants are going to be able to sell it rolled in smaller quantities and make a larger profit. Also, the cost of raising crops are not going to change so what the crop farmer is goingto be selling it for is not going to change. Now that it is legal it will go through a middleman and that is an extra hand in the pie to get his profit off of it.

That is kind of a rambling answer, but that is my train of thought.

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no way; the costs of keeping a grow secret, and the danger of being caught growing or dealing, are enormous. prices would drop dramatically; i'd still grow myself, but just out on the patio :)