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Doom >>> Colorado is Running out of Weed!!

 
Slick Vick
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01/08/2014 11:05 PM
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Doom >>> Colorado is Running out of Weed!!
A few days into the experiment, the new world of legal-recreational-marijuana sales in Colorado appears to be a big success — so much so that pot shops are finding it impossible to keep up with demand.

According to the Denver Post, at least 37 stores in Colorado were licensed to sell recreational pot to anyone 21 or over as of New Year’s Day. The Associated Press and others reported long lines outside Denver pot shops, with some eager customers forced to wait three to five hours before getting a chance to go inside, step up to the counter and make a purchase.

Prices have been steep — in some cases, stores were charging $50 or even $70 for one-eighth of an ounce of pot that cost medical marijuana users just $25 the day before — and taxes add on an extra 20% or so. Even so, sales have been brisk.

The two operational pot shops in Pueblo collectively sold $87,000 of marijuana on Jan. 1, per the Pueblo Chieftain, and store owners say if demand persists anywhere near the current high, they’ll be sold out in the very near future.

Read more >>> [link to business.time.com]

Last Edited by Slick Vick on 01/08/2014 11:05 PM
Anonymous Coward
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01/08/2014 11:06 PM
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Re: Doom >>> Colorado is Running out of Weed!!
They need to stock up for Super Bowl!
Slick Vick  (OP)

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01/08/2014 11:08 PM
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Re: Doom >>> Colorado is Running out of Weed!!
They need to stock up for Super Bowl!
 Quoting: A. Snowman


The "super bowl" bonghit

They're saying Marijuana tourism could rival or even surpass that of skiing/snowboarding.
brassbat

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01/08/2014 11:53 PM
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Re: Doom >>> Colorado is Running out of Weed!!
Hey Colorado ! Why doesn't the state open up a wholesale weed co-op ! You can make a lot of money ! Wherever police agencies are just have them ship their confiscated weed to you for a share of the profits ! Hell, it's better than burnin' it. Everybody w1ns ! Let the small weed shops sell the connoisseur buds. All that bud coming over the border could fill a warehouse !Pot  10
jjjjj
Slick Vick  (OP)

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01/09/2014 12:02 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Hey Colorado ! Why doesn't the state open up a wholesale weed co-op ! You can make a lot of money ! Wherever police agencies are just have them ship their confiscated weed to you for a share of the profits ! Hell, it's better than burnin' it. Everybody w1ns ! Let the small weed shops sell the connoisseur buds. All that bud coming over the border could fill a warehouse !Pot  10
 Quoting: brassbat


Probably too much litigation involved but definitely a good idea.
Anonymous Coward
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01/09/2014 12:04 AM
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Re: Doom >>> Colorado is Running out of Weed!!
that is because they are allowed to sell it but not grow it in mass.
Anonymous Coward
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01/09/2014 12:12 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Government is excited as the stoners are!
RD47
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01/09/2014 12:17 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Call the CIA, they got plenty.
rimshot
Relativity

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01/09/2014 12:32 AM
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Re: Doom >>> Colorado is Running out of Weed!!
A few days into the experiment, the new world of legal-recreational-marijuana sales in Colorado appears to be a big success — so much so that pot shops are finding it impossible to keep up with demand.

According to the Denver Post, at least 37 stores in Colorado were licensed to sell recreational pot to anyone 21 or over as of New Year’s Day. The Associated Press and others reported long lines outside Denver pot shops, with some eager customers forced to wait three to five hours before getting a chance to go inside, step up to the counter and make a purchase.

Prices have been steep — in some cases, stores were charging $50 or even $70 for one-eighth of an ounce of pot that cost medical marijuana users just $25 the day before — and taxes add on an extra 20% or so. Even so, sales have been brisk.

The two operational pot shops in Pueblo collectively sold $87,000 of marijuana on Jan. 1, per the Pueblo Chieftain, and store owners say if demand persists anywhere near the current high, they’ll be sold out in the very near future.

Read more >>> [link to business.time.com]
 Quoting: Slick Vick


NOOOOOOOOOOOOOOOOOOOOOOACD
“In finding balance between lies and trust
there will never be a better source
than to speak your truth
or make your peace some other way.”
~Sully Erna

Many that live deserve death. And some that die deserve life. Can you give it to them? Then do not be too eager to deal out death in judgment. For even the very wise cannot see all ends.
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Wrath O' Luna

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01/09/2014 12:47 AM
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Re: Doom >>> Colorado is Running out of Weed!!
In mathematical terms, this means...

Doom < Colorado Running Out Of Weed

bonghit
chorus
CRUX MEA LUX
Pony Up

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01/09/2014 12:56 AM

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Re: Doom >>> Colorado is Running out of Weed!!
Pay up time for the Internal Revenue Service.

All Income Legal or Illegal is Taxable.

Gross Income from illegal activities is Taxable on a Federal Level, although Cost of Goods may be deductable, no reasonable or unreasonable operating expenses Allowed.

Persons who are in the business of cultivating, selling or distributing marijuana, and those who knowingly facilitate such activities, are in violation of the Controlled Substances Act, regardless of state law. Consistent with resource constraints and the discretion you may exercise in your district, such persons are subject to federal enforcement action, including potential prosecution.

Whoever commits an offense against the United States or aids, abets, counsels, commands, induces or procures its commission, is punishable as a principal. 18 U.S.C. § 2(a) (2006).
-- Preparing a lease
-- Preparing financial statements
-- Tax advice or preparing tax returns (?)
-- Lecturing on the tax treatment of marijuana


[link to www.google.com]
Slick Vick  (OP)

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01/09/2014 01:12 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Pay up time for the Internal Revenue Service.

All Income Legal or Illegal is Taxable.

Gross Income from illegal activities is Taxable on a Federal Level, although Cost of Goods may be deductable, no reasonable or unreasonable operating expenses Allowed.

Persons who are in the business of cultivating, selling or distributing marijuana, and those who knowingly facilitate such activities, are in violation of the Controlled Substances Act, regardless of state law. Consistent with resource constraints and the discretion you may exercise in your district, such persons are subject to federal enforcement action, including potential prosecution.

Whoever commits an offense against the United States or aids, abets, counsels, commands, induces or procures its commission, is punishable as a principal. 18 U.S.C. § 2(a) (2006).
-- Preparing a lease
-- Preparing financial statements
-- Tax advice or preparing tax returns (?)
-- Lecturing on the tax treatment of marijuana


[link to www.google.com]
 Quoting: Pony Up


hiding
Anonymous Coward
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01/09/2014 01:14 AM
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Re: Doom >>> Colorado is Running out of Weed!!
dogpile
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01/09/2014 01:33 AM
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Re: Doom >>> Colorado is Running out of Weed!!
i'm sure there's plenty up in washington and oregon colorado could purchase from.
after this year's growing season is over, colorado should be sitiing pretty.
ErinTarn

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01/09/2014 02:00 AM
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Re: Doom >>> Colorado is Running out of Weed!!
The feds are letting the idea sink in real deep before they roll in with armored vehicles to destroy all of the businesses. Who will want to rebuild after everything they've worked for is destroyed with the VERY real threat of having it immediately destroyed again if they successfully rebuild?

This is a disaster waiting to happen and nothing will change until Holder is brought to justice and Obama is impeached.

Funny how a DEMOCRAT president is using more resources than any president in history to prosecute marijuana which has always had a friend in liberals.
"Brawndo! It's got electrolytes!"
Anonymous Coward
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01/09/2014 02:13 AM
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Re: Doom >>> Colorado is Running out of Weed!!
A few days into the experiment, the new world of legal-recreational-marijuana sales in Colorado appears to be a big success — so much so that pot shops are finding it impossible to keep up with demand.

According to the Denver Post, at least 37 stores in Colorado were licensed to sell recreational pot to anyone 21 or over as of New Year’s Day. The Associated Press and others reported long lines outside Denver pot shops, with some eager customers forced to wait three to five hours before getting a chance to go inside, step up to the counter and make a purchase.

Prices have been steep — in some cases, stores were charging $50 or even $70 for one-eighth of an ounce of pot that cost medical marijuana users just $25 the day before — and taxes add on an extra 20% or so. Even so, sales have been brisk.

The two operational pot shops in Pueblo collectively sold $87,000 of marijuana on Jan. 1, per the Pueblo Chieftain, and store owners say if demand persists anywhere near the current high, they’ll be sold out in the very near future.

Read more >>> [link to business.time.com]
 Quoting: Slick Vick

These prices are ridiculous.I thought the whole idea was to stifle the black market and get rid of the criminal element.
I'm sure after the novelty wears off sales will drop off significantly.I live in canada and pay $200 an ounce.The only way to get rid of the criminal element is to sell it less than they sell it for,otherwise they still have a market and are laughing all the way to the bank unfettered because the police won't waste their time going after them.
They used to catch someone with simple possession and then try to follow the chain upwards to catch the bigger fish.With the bottom of the chain gone there is no way to find the top suppliers.Sooner or later the prices have to fall because people will go back to the cheaper prices. The cartels are laughing because they still have a market.
Anonymous Coward
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01/09/2014 02:24 AM
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Re: Doom >>> Colorado is Running out of Weed!!
$50-70 for an eighth oz?!?!?!?! what a waste of money....
Anonymous Coward
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01/09/2014 02:36 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Hey Colorado ! Why doesn't the state open up a wholesale weed co-op ! You can make a lot of money ! Wherever police agencies are just have them ship their confiscated weed to you for a share of the profits ! Hell, it's better than burnin' it. Everybody w1ns ! Let the small weed shops sell the connoisseur buds. All that bud coming over the border could fill a warehouse !:Pot 10:
 Quoting: brassbat


^^^^brilliant^^^^ 5 star idea
Anonymous Coward
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01/09/2014 02:53 AM
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Re: Doom >>> Colorado is Running out of Weed!!
$50-70 for an eighth oz?!?!?!?! what a waste of money....
 Quoting: Anonymous Coward 50473212


Thats about the going price for some good sensi anyway
Balloons

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01/09/2014 02:55 AM
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Re: Doom >>> Colorado is Running out of Weed!!
You have to rename it to Eldorado then
Please hold still so I can cut your hair long
Wormhat

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01/09/2014 03:16 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Boulder CO resident here, we're doing just fine. Though the dispensaries may run out, there's plenty to go around. Always has been, always will be.
Anonymous Coward
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01/09/2014 03:21 AM
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Re: Doom >>> Colorado is Running out of Weed!!
prices will just go up
M1.618

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01/09/2014 03:27 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Lot of that Fuku radiation being sighted...
wmMmw
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01/09/2014 03:36 AM
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Re: Doom >>> Colorado is Running out of Weed!!
It's a mad rush to the Toilet Bowl on Sunday during half time. Water pressure always falls to lowest level for the year during that 10 minute break.
Anonymous Coward
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01/09/2014 03:40 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Good Job OP.

You hype marijuana as if it's like drinking fresh water.
Anonymous Coward
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01/09/2014 04:09 AM
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Re: Doom >>> Colorado is Running out of Weed!!
Good Job OP.

You hype marijuana as if it's like drinking fresh water.
 Quoting: Anonymous Coward 52694348


1rof1bonghit
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01/09/2014 04:10 AM
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Re: Doom >>> Colorado is Running out of Weed!!
We still have plenty here!
The Kielbasa Kid

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01/09/2014 04:14 AM
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Re: Doom >>> Colorado is Running out of Weed!!
50/8th = simple suppy and demand , prices will come down, once the novelty wears off.
Anonymous Coward
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01/09/2014 04:22 AM
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Re: Doom >>> Colorado is Running out of Weed!!
They need to stock up for Super Bowl!
 Quoting: A. Snowman


The "super bowl" bonghit
 Quoting: Slick Vick


:hes-high:
thetrickybigguy

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01/09/2014 06:36 AM

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Re: Doom >>> Colorado is Running out of Weed!!
$50-70 for an eighth oz?!?!?!?! what a waste of money....
 Quoting: Anonymous Coward 50473212


still comes to 100 or 125 a quarter.

same price as on the street so WTF has changed?
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01/09/2014 06:47 AM
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Re: Doom >>> Colorado is Running out of Weed!!
$50-70 for an eighth oz?!?!?!?! what a waste of money....
 Quoting: Anonymous Coward 50473212


still comes to 100 or 125 a quarter.

same price as on the street so WTF has changed?
 Quoting: thetrickybigguy


The law allows individuals 21 and over to legally grow up to 6 plants at home in an 'enclosed, locked space'. If people don't like the retail prices they can grow their own. Also, medical card holders are paying anywhere from $25-$45 for an 1/8th. So the options are:

- grow your own
- obtain a medical card and pay reduced prices
- pay the retail prices





GLP