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01-29-2010, 05:30 AM #24Member
NM Senator Proposes Medical Pot Tax
Legalization is coming, as taxation will certainly provide a much needed cut in expenses to law enforcement and prisons, but that can and will be another discussion. It's the same old story, booze and liquor play a pretty large part of the tax picture in the US, don't have stats, but we all know what big business it is.
We do need to get government under control and operating at much more effective level and that's the real challenge for the 3 or 4 presidents. With our general population getting older and immigration of all sorts getting higher, the USA will be a very different place to live in years to come.
For the moment big pharmacy isn't in the picture, that's going to change in under ten years. I believe we'll see 5 packs of med cannabis being sold at drugstores for prices comparable to tylenol today..might be in an unexpected form as research continues ( might get down to a skin patch).
For the very short term future, we need cash to support a number of public programs, and that's where the mcp comes in with our very unique non-profit model.
I agree, take the money away from the cartels, get a big change in federal policy(off sched 1 for sure), allow patients and producers bigger limits ( the current limit is why prices are still at street level, I had a long discussion with the director of the mcp about pricing a few months ago) If producers could have large operations, prices would fall exponentially to production costs, it's simple economics.
You don't see much tobacco or alcohol smuggling these days, there is simply no money it it ( you do see some cigarette smuggling since the state tax plans vary so much).
The AMA reversal was a very big step, Obama was a very big step, all the new states coming on board is huge, we're on the verge of big changes in the USA and when the baby boomers start retiring in the next few years things are going to start moving very very fast.
For the point of this particular discussion, the MCP program is going to bring a significant amount of GRT into state coffers at current grow limits. I'm sure once producers can maximize their yields the state will be happy with the revenue
Hemp is am amazing industrial product, shame is we're still in the 30's mentality politically, it can be a solution for many many things wrong with how we do business in the USA.
At some point I'ms ure there will be a producer forum somewhere. I'm looking forward to those discussions.
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