Can we talk? I haven’t been doing much of that lately. Here, that is. Why not? Well, for starters, what most people accept as legalization I’d call grovelization. That cuts to the heart of the matter.
The inimitable Jon Gettman sounds off live from “Old Virginny” at The Air & Space Museum Annex in Chantilly and at the hallowed site of George Washington’s former hemp fields in Mount Vernon. A 45-minute virtual interview recorded via Skype completes the poteconomics spectacular.
One guy yakking about how how many cannajobs could be created, how much cannatax could be collected, and how much cannabiz could be conducted is a lone voice howling in the wilderness; when another wolf joins in, all of a sudden you’ve got yourselves a movement.
Despite mounting evidence to the contrary, certain “esteemed economists” have made careers out of furnishing false information like, “Marijuana is no cash cow” — and mainstream media compliantly chews the cud.
Cannabis’ multifaceted nature cries out for a new breed of specialist, a cross between an economist and a botanist, self-trained to evaluate the economic firepower of a magical herb.
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.
If you’re after a jammed out, patient-centric, goatherd/Deadhead’s take on cannaculture, Doug Fine’s Too High To Fail is the book for you. I had high hopes that a work tagged “Cannabis and the New Green Economic Revolution” would be served heavy on the economics. Nope, there’s just a pinch in a goats head soup consisting of outdoor outlaws, Mendocino mindset, Deadhead data, profit-sharing sheriffs, and zesty zeitgeist.
“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.
Pro-pot, progressive-minded voters of NEO (northeast Ohio), are you envious of the tremendous legalization inroads made in pioneering states like Colorado? Well, with the benefit of a couple years worth of hindsight, you have a once-in-a-lifetime opportunity to actually improve upon legalization models developed by California and Colorado.
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.