The times, they are a-changin’
When I was a sprout, I had “a friend” (wink wink, nudge nudge, say no more, say no more) who used to sell ounces of weed for $12. As a journalist some years later, I used to snicker at the police valuation of weed seizures, knowing that they were based on outmoded business models like “matchbook” or “joint” sales.
Well, they’re still at it, or I’m hopelessly behind the times. According to the Bibleburg Gaslight, a medical-marijuana dispenser who beat the rap after getting arrested at a traffic stop in December 2008 — “even though he presented his medical marijuana registration card and signed documents showing that he was the … lawfully appointed supplier … for several medical marijuana users” — was holding less than a half-pound, which either the G or the cops say was worth about $4,000.
Shit, no wonder Dave’s not here. He can’t afford to be here.
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October 13th, 2009 at 9:34 pm
Patrick, methinks your “friend” was misguided. It is “buy low, sell high” and not the other way ’round.
October 14th, 2009 at 6:14 am
That substance evaluation by the cops always gets my attention, especially when budget time is coming up. If they need money, why can’t they turn around and sell the weed to lawful medical suppliers like they do with impounded cars and stuff?
October 14th, 2009 at 7:29 am
Well that works out to a little over $500 an ounce- which might be about right these days.
But then, it’s been years since I checked that “market”. Back in my ‘good old days’ a hundred would get you a decent ounce.
Now I ‘m older and wiser….or something like that.
October 14th, 2009 at 8:50 am
Wow. I’m obviously a lot older than you are, Barry.
Need to legalize and tax the stuff. The war on drugs is a disaster.
October 14th, 2009 at 11:42 am
I can remember when a “nickle bag” was 5 bucks.
October 14th, 2009 at 12:42 pm
Of course, five bucks was a lot of money in those days.
October 15th, 2009 at 11:23 am
Kicking around here since Patrick opened the doors to our little peanut gallery’s comments, I have been able to ascertain that I probably fall in the “younger than typical” demographic of MDMW (Mad Dog Media World). That said, at the tender age of 39, I’m certainly one of those folks whose age relativity is directly proportionate to the company I keep. On here I’m most likely a young whippersnapper, whereas at the local skatepark I’m one of those old dudes.
Like the Uppity Ladies used to sing…it ain’t nothin but a number.
And I totally agree about the original WW3 khal.
October 15th, 2009 at 11:56 am
War on Drugs is certainly a disaster. More like “War on Black People” Isn’t the US the same on energy use/population as prison inmates/population? We’re 5% of the world’s population but use 25% of the world’s energy and have the same percentage of the world’s prison population. Some local TV news bozos here in Sioux City were whining about the costs of medical (mostly pharmaceutical) treatment of prison inmates. My question is not why we pay for medications but WHY are all these folks in the can in the first place? We can’t have universal healthcare ‘cuz it costs too much…but we have plenty of dough to keep folks guilty of nothing more than dope crimes locked up!
October 15th, 2009 at 12:37 pm
Since prisons have been privatized, there is a financial incentive to lock people up–its a growth industry. So now there is a capitalist incentive to arrest and find people guilty, at least if you are the CEO or shareholders of corporations such as the Corrections Corp. of America. I am sure their lobbyists don’t want to see victimless crimes decriminalized.
http://www.texasprisonbidness.org/money-financial-interests/legislation-would-keep-private-prison-labor-competing-free-world-labor
http://www.reuters.com/article/ousiv/idUSTRE57J5CO20090820
http://seekingalpha.com/article/157536-private-prisons-a-reliable-american-growth-industry
October 15th, 2009 at 12:38 pm
Hey Patrick, your moderation is turned on again.