When you’re a 17-year-old sophomore at American University and it’s the Fall of 1969, you figure a series of antiwar rallies that attract crowds of 500,000 fellow students, “peaceniks,” and “outside agitators” to DC is all just part of college life. How would you know any better?
As the 767 carrying your faithful correspondent streaks across Greenland’s vast, desolate expanse, I’m wondering if the vibrant, decadent scene that dazzled me and everybody else back in the 70’s is still going strong under the heel of the cannabis-averse Christian Democratic Party.
MMJ causes a lot of collateral damage— the LA City Council’s recent decision to obliterate every last dispensary in Tinseltown is Exhibit A. We called that in the Ball and Chain series. For now, enough is enough. To balance things out, we rhapsodize about the joy of pot.
“Winning” limited medical marijuana initiatives — as opposed to repealing prohibition — invites legislators into a vicious cycle of creating, editing, and deleting whatever proposition or referendum you voted for after the fact. That insures endless regulatory skirmishes until the end of days.
How much cannatax could be collected in a legal, regulated society? Lots, like $75 billion. And that’s just the USA’s share, in the the overground poteconomy’s infancy. Harvard’s enigmatic Dr. Jeffrey Miron, oft-quoted pot pontificator, greatly doubts it. Other poteconomists doubt him. Finally, the real lowdown.