Federal Budget 2016: $29B Deficit

[CaptainCrunch]

Originally Posted by Fuzz

From what I had heard earlier, They hope to have something together for December. That doesn't mean it will be on sale then, but probably when we will hear how it will be done. So it makes sense not to add it into this year's budget.

Yeah not even close to a date. We're talking probably years not months

http://www.citynews.ca/2016/03/23/wh...iberal-budget/

irst and foremost, the concept affects three major international treaties that Canada is a part of: The Single Convention on Narcotic Drugs of 1961, the Convention on Psychotropic Substances of 1971 and the United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988. All three treaties require the criminalization of possession and production of cannabis, and Canada would need to show that legalizing marijuana actually helps reduce illicit drug use.
And at the same time, a Liberal plan on policing, selling and distributing weed isn’t quite fully-baked.
Under the leadership of former Toronto police chief Bill Blair, a federal-provincial task force is still consulting experts and creating a legalization plan. There is no timeline in place for when the proposal will be delivered.
Part of the problem is that the feds will have to work closely with each province on sales and distribution methods. While some provinces like Ontario have advocated selling weed through government-run LCBO stores, such a plan wouldn’t work in Alberta and Quebec where the sale of alcohol are very different. And there are no indications how local dispensaries and medicinal grow-ops would be impacted.

I'm not saying it won/t happen, its just not a matter of enacting it into law in the short term.

[Tron_fdc]

Originally Posted by Azure

Marijuana legalization would MAYBE add $1B in taxes the first year if they get bloody lucky. That is of course if they legalize across Canada.

Don't underestimate the purchase power of pot smokers. Colorado did and look what happened to them!

I'm half considering turning 2 of our shops into grow ops if they legalize it. I could probably grow 1000 plants here, pulling a pound off each plant every 3 months. That's 12 000lbs of weed every year @ $2000 per pound......

Who cares how much tax I pay at that level!!! I'm a millionaire b**ch!!

[Flash Walken]

Originally Posted by Tron_fdc

Don't underestimate the purchase power of pot smokers. Colorado did and look what happened to them!

I'm half considering turning 2 of our shops into grow ops if they legalize it. I could probably grow 1000 plants here, pulling a pound off each plant every 3 months. That's 12 000lbs of weed every year @ $2000 per pound......

Who cares how much tax I pay at that level!!! I'm a millionaire b**ch!!

Good luck getting 2k per pound in a free and regulated market.

[Tron_fdc]

Fine. Sales forecast updated to 12 million a year instead of 24.

I'll wipe away my tears with hundred dollar bills.

[IliketoPuck]

Originally Posted by Locke

Think about it more as though you've adopted a teacher!

Or the teacher's SO who pays for all those expenses.

So, you've now adopted me! What time is dinner?

[Resolute 14]

Originally Posted by Flash Walken

Good luck getting 2k per pound in a free and regulated market.

I bought a small amount of stock in a couple existing medical marijuana companies. Personally, I really just want Trudeau to hurry up on it so their share price jumps and I can spin a profit out of it.

[Flash Walken]

Originally Posted by Resolute 14

I bought a small amount of stock in a couple existing medical marijuana companies. Personally, I really just want Trudeau to hurry up on it so their share price jumps and I can spin a profit out of it.

THIS is the financially lucrative play.

Cash in on the hysteria, not the agricultural product.

[tvp2003]

Originally Posted by Tron_fdc

I'm half considering turning 2 of our shops into grow ops if they legalize it. I could probably grow 1000 plants here, pulling a pound off each plant every 3 months. That's 12 000lbs of weed every year @ $2000 per pound......

Originally Posted by Tron_fdc

Fine. Sales forecast updated to 12 million a year instead of 24.

I'll wipe away my tears with hundred dollar bills.

1000 plants each generating 4 pounds per year = 4000 pounds...

Looks like you're now down to $4 million a year... maybe start using $20's for those tears

[polak]

I'm going to figure out a way to combine Weed and Tinder.

Winder.

[bizaro86]

Originally Posted by tvp2003

1000 plants each generating 4 pounds per year = 4000 pounds...

Looks like you're now down to $4 million a year... maybe start using $20's for those tears

If they let anyone grow it, prices will drop dramatically, since anyone with a quonset and all of BC would work.

I think it's more likely growing will be regulated dramatically, and probably with quotas (like milk, eggs, etc). If Trudeau really wanted to solve the budget deficit for a year or two, he could auction off marijuana quota to the highest bidder.

[Coach]

Originally Posted by polak

I'm going to figure out a way to combine Weed and Tinder.

Winder.

That would actually probably be pretty simple.

Although should probably be more like weed combined with Uber. Find your closest dealer, check their stock, their prices, etc...

Uberchronic.

[Frank MetaMusil]

Originally Posted by MattyC

That would actually probably be pretty simple.

Although should probably be more like weed combined with Uber. Find your closest dealer, check their stock, their prices, etc...

Uberchronic.

Duber

[Enoch Root]

Originally Posted by Frank MetaMusil

Duber

I was thinking Uberdude, but this is better

[Tron_fdc]

Originally Posted by tvp2003

1000 plants each generating 4 pounds per year = 4000 pounds...

Looks like you're now down to $4 million a year... maybe start using $20's for those tears

You can pull a pound off each plant every 3-4 months....

[Violator]

Originally Posted by Tron_fdc

Don't underestimate the purchase power of pot smokers. Colorado did and look what happened to them!

I'm half considering turning 2 of our shops into grow ops if they legalize it. I could probably grow 1000 plants here, pulling a pound off each plant every 3 months. That's 12 000lbs of weed every year @ $2000 per pound......

Who cares how much tax I pay at that level!!! I'm a millionaire b**ch!!

$2000 a pound who are you buying your dope from?

[polak]

Originally Posted by MattyC

That would actually probably be pretty simple.

Although should probably be more like weed combined with Uber. Find your closest dealer, check their stock, their prices, etc...

Uberchronic.

How about weed and twitter?

Everything would just be "F*** me I'm high"

BTW, notice how weed being introduced into the discussion has toned down the animosity?

[Coach]

Originally Posted by Frank MetaMusil

Duber

So obvious, how did I not see it!! Well done.

[Tron_fdc]

Originally Posted by Violator

$2000 a pound who are you buying your dope from?

Why, is it more? I have no idea.

These guys say $200/oz

http://www.priceofweed.com/

Should I update my forecast again? Am I buying Rolls instead of a Benz?

[Jason14h]

Polak you are already way to late

http://www.highthereapp.com/

[Coach]

Originally Posted by Tron_fdc

Why, is it more? I have no idea.

These guys say $200/oz

http://www.priceofweed.com/

Should I update my forecast again? Am I buying Rolls instead of a Benz?

No idea what supplier prices are, but street prices are:

$240/oz

240x16 = $3840.

No idea what the input costs are though. And, at least initially, taxes would have to keep the prices equal/competitive to, or even under cut, street prices, or you're negating the whole reason for doing it.