"Pot Barons of Colorado"?

[kentuck]

Has anyone ever watched this show?

It comes across as some sort of Junior Mafia trying to make it to Vegas? I have no idea how the state government is going to keep track of "each and every" plant? And the worst of it, they cannot put their money in the bank because it is not allowed by law. How will anyone know how much money is being made if it is not required to be deposited in a bank??

Although I voted for and use their "product", I truly do not know if they can make this work? Some will say the genie is out of the bottle and there is nothing that can be done about it?

[Go Vols]

1. It should be legal

the same as a tomato plant or grape vines,ect..Never could figure why the pro MJ folks wanna give the Govt. a huge cut.

[_Blue_]

2. Because of reality.

Yeah, MJ should be universally legal -- but the pro-potters knew that the only realistic way to achieve their goal in a reasonable time frame was to give the Government a piece of the pie.

[dixiegrrrrl]

3. I figured that the Gov. would set the price pretty high

and that "independent" growers would keep on growing for themselves,
which is exactly what I am told in happening in Wash. state
and I assume same for other states.

At this point in time, tho, I am happy it has been legalized in various ways and hope that decriminalization happens country wide, soon.
The only people that are FOR criminalization are the for profit prisons, and the cops who make money off of arrests/fines.

[eridani]

16. The govenment approved stuff is more expensive, but you know exactly what's in it

THC, acid + decarboxlylate, CBD, gammas, when it was harvested, Indica or Sativa ancestry, certified free of mold. Plus, it's a fun way to support education.

[Boreal]

9. No shit

What should the government have to do with anything in our natural environment? FFS, it's a plant and the control freaks and government mafia should stay out of it.

[Erich Bloodaxe BSN]

13. If they can make sure the gov't regulates 'growers', they can probably

set themselves up as a sort of Big Pharma Little Brother. Otherwise, while they're making a ton in the short term, they'll lose massive amounts of market when anyone who wants to can just grow it in their garden.

[Stardust]

18. "...just grow it in their garden" is easier said than done.

[Erich Bloodaxe BSN]

20. Well, that's not something I've tried to grow personally

so I don't know how much of a pain it is to tend, but a lot of people seem to be able to make it grow ok.

[Comrade Grumpy]

21. It's not that hard. I grow 10 plants every year. It keeps me out of the market.

It's a plant. It needs water, sunlight, and nutrition, and it will thrive.

You need some basic gardening skills.

You need someplace to grow it.

And you need to be somewhere where you can grow legally.

[helpmetohelpyou]

4. What's probably going to happen is all that cash will confiscated by the U.S goverment

and the DEA at some point under forfeiture laws

[SomethingFishy]

5. Is it a "reality" show?

How hard is it to keep track? We keep track of food, liquor, cigarettes... and there is a lot more of those things floating around. You are allowed 6 plants for personal use, so they aren't going to keep track of "every single plant" and anyone with a grow operation will be easy to spot.

The banking regulations are changing. They can now deposit the cash but still no credit/debit card use.

Crime is down and profits are up. The genie is out and there is no putting him back.

[shanti]

24. i just did a search

it's a 6 part series on MSNBC

[onecaliberal]

6. The no banking thing is ridiculous.

[helpmetohelpyou]

7. It's against federal law what they are doing

It's cash that is subject to forfeiture laws

[onecaliberal]

8. It's because you can't deposit more than 50 thousand in cash

In a month. If the state made it legal and the Feds said they won't go after anyone then let them bank. It's completely stupid.

[helpmetohelpyou]

11. They don't trust the feds with 100's of millions of dollars right now

and I don't blame them.

The feds can't just say it , it has to be made legal or no way would I trust them with that kind of cash.

Knowing with a signed order from a judge it could be frozen

[onecaliberal]

14. I obviously know the fess cannot just say

It's legal. I wouldn't trust tj either. Like I said it's completely fucking ridiculous.

[B Calm]

12. There is talk about Colorado pot barons coming up with their own banking.

Colorado Approves First Marijuana Banking System

Colorado lawmakers approved the world's first financial system for the marijuana industry Wednesday, a network of uninsured cooperatives designed to give pot businesses a way to access basic banking services.

The plan seeks to move the marijuana industry away from its cash-only roots. Banks routinely reject pot businesses for even basic services such as checking accounts because they fear running afoul of federal law, which considers marijuana and its proceeds illegal.

The result: Pot shop owners deal in large amounts of cash, which makes them targets for criminals. Or they try to find ways around the problem, like drenching their proceeds in air freshener to remove the stink of marijuana and try to fool traditional banks into accepting their money.

cont: http://www.huffingtonpost.com/2014/05/07/colorado-marijuana-banking_n_5284442.html

[Ohio Joe]

10. If you see it on TV... It's a work - nt

[kentuck]

15. I would guess that soon the supply will outgrow the demand...

...but it will have to be sold somewhere? This is where the criminal element comes into the picture. If there are millions of dollars to be made, criminals will find a way.

Also, they have a very poor method of keeping track of the seeds. Some growers "accidentally" let a rogue male into the crop, and sell it to different customers, and sell above desired amount at same price to make up for any seeds that may be in the crop?

There are still a lot of questions about how they are going to get this to work, in my opinion.

[waddirum]

19. help me out

I'm not sure that I understand what you are saying here.

"Also, they have a very poor method of keeping track of the seeds. Some growers "accidentally" let a rogue male into the crop, and sell it to different customers, and sell above desired amount at same price to make up for any seeds that may be in the crop?"

Please explain that a little better for me. By 'accidentally' allowing a rogue male, the result would be a seeded crop. The seeds would have some value if they were sold as such.

Any place that has a license to grow the plant would also be able to breed for seeds. One is not exclusive of the other.

[CK_John]

17. The Supremes will take care of the pot problem.

Nebraska and Oklahoma last week asked the U.S. Supreme Court to toss out Colorado's pot law.

Read more....

http://www.denverpost.com/news/ci_27190123/lawsuit-over-colorado-marijuana-legalization-takes-rare-legal

[Comrade Grumpy]

22. If the Supreme Court throws out state-regulated marijuana commerce...

Colorado will be left with legal marijuana and no regulation. How'd ya like that, Nebraska?

The federal government may be able to stop the state from regulating and taxing, but it can't force Colorado to recriminalize marijuana.

[B Calm]

23. I don't see the SC even listening to their case.

Hope I'm right!

[Comrade Grumpy]

25. Yeah. I'm thinking they will not take the case.