The Business Of Marijuana

By Justin Gardner | Related entries in Business, Drugs, Law, Video

CNBC with a great look at the ins and outs of the “industry” in Marijuana, Inc.



Listen, I can understand bans on harder narcotics, but not marijuana. Everybody knows that marijuana is FAR less dangerous to your health and the public’s safety than alcohol. I could literally go out right now and buy enough alcohol to put myself in a coma. There’s no way that could happen with pot.

So at a certain point in the future I hope we just decriminalize this stuff and regulate its sale.

Your thoughts?


This entry was posted on Friday, February 20th, 2009 and is filed under Business, Drugs, Law, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

11 Responses to “The Business Of Marijuana”

  1. Snarkless J. Harden Says:

    It should not be a federal issue. States should (and constitutional do) have the right to deal with marijuana in any way they want. This is the problem with gross federal expansion — there is no closing the barn-door once the fed’s are allowed access to a sphere of power that rightfully belong to the states.

  2. Donn Says:

    I can understand *no* ban of *any* substance. Regulations, yes. Taxation, certainly. But outright banning and criminalizing (prohibition) has never, and will never work.

    Alcohol is bad stuff. Causes lots of problems. Prohibition was the answer, right? WRONG! All prohibition did was enable organized crime to make money. The same is true of drugs.

  3. kranky kritter Says:

    I think now is the perfect time for legalization: you make it legal, you put a big tax on it, you establish a new legal popular domestic industry that provides jobs, and you put a big dent in the revenue stream of the dealers of more dangerous illegal drugs like heroin and coke.

    And I think there’s zero chance it happens until at least the next generation. I’m in my 40′s now. Maybe when I’m 70. Still too many schizophrenic puritans. You face possible crucifixion if you show the temerity to smoke tobacco in public, and that’s legal.

    And clearly, Without a doubt, we’re brewing more puritans every day. States are on the verge of taxing and demonizing soda pop, twinkies, and on and on. I could go on, but it would just piss me off more.

  4. PAGO Says:

    At the very least, stop spending taxpayer money to eradicate it. With the economic throes we are in, it makes my blood boil to think that we are fighting a “war on drugs” against marijuana…utterly ridiculous…thanks alot Big War on Drugs

  5. ExiledIndependent Says:

    With statewide bans–and potentially nationwide bans, given the paternalistic nature of the current government–on tobacco, I can definitely see Big Tobacco shifting their attention to Big Green as their next cash crop.

  6. Stopdrugwar Says:

    So if it’s dangerous to your health and public safety (whatever that means) then its OK to ‘ban’ it. As if prohibition works.

    “Listen, I can understand bans on harder narcotics, but not marijuana. Everybody knows that marijuana is FAR less dangerous to your health and the public’s safety than alcohol. I could literally go out right now and buy enough alcohol to put myself in a coma. There’s no way that could happen with pot.”

    So by your logic, the case can be made for decriminalizing all drugs EXCEPT alcohol (and possibly tobacco).

    How about a drug policy that allows folks with drug problems being able to seek help without risking prison?

    How about a drug policy that regulates drugs controlling purity and potency so we can minimize accidental death?

    How about a drug policy that takes control out of the hand of violent criminals and regulates it enough so that its more difficult for children to get them than it is for adults?

    How about a drug policy that allows adults to be responsible for their actions and recognizes the fact that we own our bodies and should be able to do with it as we choose?

    I yearn for the days when liberal meant one who supports personal freedom rather than one who loves the welfare/nanny (police) state.

  7. wj Says:

    We found out with alcohol that all a Prohibition approach does is make lots of money for cirminals. Eventually we will figure out that the same applies to drugs. Keep laws against driving under the influence, etc. (expanded for the various kinds of drugs besides alcohol, that someone might ingest), but dump the outright prohibitions. (And, for the record, I speak as someone who is violently allergic to even second-hand marijuana smoke.)

    As a fringe benefit, we could make our work in Afghanistan vastly easier if we didn’t feel the need to wipe out the residents’ number one cash crop at the same time.

  8. DK Says:

    I’m glad to see many people are beginning to see the light on this issue. Legalizing marijuana will significantly decrease drug related violence, make it far more difficult for school age children to have access to the drug, and allow irresponsible users better access for treatment. I strongly believe people in the future will lament that we fought an ineffective prohibition-style “war” against marijuana use for so long.

    I believe the war against marijuana has been fought with such earnest because marijuana use has been associated with “undesirable” elements of society, such as beatniks, hippies, and dropouts. Banning marijuana is simply a proxy way to “ban” such lifestyles, or at least to show strong disapproval of them. When you combine this with the grassroots puritanical undercurrent found in America which views intoxication as fundamentally “sinful,” you end up with our current system.

    Today, we have largely moved beyond the point when marijuana is only being used by “fringe” members of society. The sheere scale of the American and European hash/marijuana trade shows the emperor has no clothes. According to the US Department of Health, marijuana is used regularly by at 8% of the US population, and 10% use it at least once a year. People in all walks of life use marijuana. What would happen if all marijuana users were in jail as the laws in many states mandate?

    Marijuana prohibition is failed public policy unsuited to our times, that contributes to a massive criminal drug underworld that could be extinguished utterly and replaced with a new large government revenue stream just by a change in public policy.

    I hope Obama provides us some change we can really believe in.

  9. Dyre42 Says:

    “There’s no way that could happen with pot.”

    No, but you could eat your way into a coma.

  10. Lit3Bolt Says:

    You can also buy a gun and blow your brains out.

    You can text message while driving and wrap yourself around a tree.

    You legally buy conceivable instruments of torture/killing at your Home Depot. Besides, there’s paint to huff there too.

    Hopefully both liberals and conservatives will realize that just because you CAN do something does not mean that you WILL do it. Anyway, this nanny-state-ism isn’t just a liberal concern issue, conservatives do it too with “tough on crime (blacks, natch)” stances and many palms are greased by the prison industry and local precincts, which depend on drug revenue for funding.

    I remember a lecture I attended at Washington and Lee University where I had an amazing lecture by a conservative yet libertarian lawyer who knew exactly what the drug war was all about. It’s a racket for pols and cops and the feds just as much it is for drug lords down south. It’s a crutch cops can fall back on in case they don’t have real evidence. Of course they never want it to stop.

  11. Rick Charlie Says:

    Hey Justin,

    I didn’t know that marijuana is far less dangerous to our health. Your thoughts are crazy but that makes sense. Do you know a city that doesn’t prohibit marijuana?

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