That’s one way to look at it or maybe it’s government overtaxing the industry. Also I find it amazing how they’re looking at the revenue cannabis brings but not Amazon 🤔
I believe one of the reasons, Recreational Marijuana is in a lot more states now. You no longer have to go to Colorado to use recreational weed legally, you can use it in 20 other states.
Good The tax that they charge at the marijuana shops is absolutely outrageous if you purchase on the recreational side. The tax cost just as much as the products dose. So in retrospective you’re getting ripped off.
retail marijuana isn't even 10 years old. it's extremely short sighted, a common trait these days, to judge the success of an industry that has just begun. look at the light bulb, radio, television, look how long it took for these things to become common place after the novelty wore off. Industries evolve, marijuana is not going away.
I know a lot of Gen z people use cannabis once and said “this is stupid, why did they make it legal? It’s so stupid to put someone in jail over this”. Once the stigma is gone. They don’t use it again. Look around. A lot of gen z don’t give a shit about cannabis. People just don’t use it a lot. Millennials are pushing 40 years. They have children and careers. They get high once a year. Lol.
@@dankslurp more people smoke weed in the us than tobacco. Also alcohol is by far the worse drug than weed. You don't really hear about the stoned father hitting his wife and kids.
Actually, who cares what government wants or needs at this point. If politicians did their jobs correctly, they would not rely on false and misleading (not to mention unrealistic) revenue projections in an unproven industry that only exists at the state level. This is a common plant that is easy to grow. Stop paying into their system. Watch as the industry levels out when people just take the time to grow and swap. They will see this as another glutted bubble of supply (with a limited shelf life) and little demand. No big tax gains. Industry and prices flatline. Companies are forced out as the greedy leave for better pastures. All the taxes they levied against this product are crazy. Don't pay into it...grow!
Overtaxed and saturated ..just like in California. Nothing new in the industry for the consumers. It's just sales focused. Too many rules around ideas of lounges etc. There's nothing like that around in a city like san Francisco for instance..after prop 64 everything came to a stop, ideas and companies out the window, it's also big Marijuana that has the money but also short sighted. So lame ,
It’s not rocket science. Fix the culture Pay your employees Be respectful Take care of your community not just yourselves. I work in the Marijuana industry in Colorado Springs CO, my experience has been an extremely tough one. Navigating through alot of unchecked mental health, Sketchy business practices and discrimination; the managers and owners have so much damn work to do.
I love how they are basing current market based off of 2021 sales. Everything was a record high in 2021 across the board. This screams sky is falling sky is falling.
@@gregorycaccivio2033 I’ve worked in the industry for 20+ years and watch and react to trends … Oklahoma is serving Texas now one of the other huge markets … NY is a monster market and it’s legal … price dropped within months of legalizing…. No one I going to the west coast to purchase any more and all the shipping is mostly dead now we can do it on the east coast … no more weed tourism in Colorado or California and now we are serving neighboring states
@@gregorycaccivio2033 also people tend to ignore the export transport laws in this business quite often … I’m sitting on pounds from Maine right now … In NY and we once got them from west coast ….
Dispensary weed is HORRIBLE! i grow my own because i am sick of wasting money on unsmokable ditch weed. They pay their growers nothing and focus more on selling a cheap ounce than a quality bud. Colorado should be ashamed of their handling of legal cannabis and the trash they allowed to run the dispensaries!
This is great news, bring that price down so people can afford it as the medicine it is. It wasn't put on this earth to be a cash grab. Nobody cares about those coming for a cash grab when we have people in prison for the same thing. At some point you are going to have to eat the loss and keep on meeting demand. Best you can do..
It doesn’t help that the states surrounding Colorado, like New Mexico, are making weed legal and stopping the need to travel across state lines to buy weed.
Federal law prohibits the ownership of guns if a person has a marijuana card. A lot of people don't know that. The illegal market is the best way to go; it's cheaper and you can retain your 2nd amendment rights.
I'm not expecting a lot except for the high puns. funny they just talked about demand though and the spike during the pandemic but nothing about the gross over supply causing the flood of cheap product depressing prices. hey it's supply and demand but we're only going to talk about demand okay
And now the dirt poor home growers get to hear the millionaire breeders, dispensary owners, and farms whine about letting the billionaires come in and ruin everything because they thought they were going to get rich too.
Exactly, in the future all the weed will be grown on industrial size hemp farms that are already equipped and ready to go, even the millionairs will cry lol
I find it amazing how the industry is super taxed and Amazon gets amazing breaks. If we took the example of the weed and how they’re taxed, then there shouldn’t be a reason for the country would be in such decline.
People are still learning that nothing makes you happy but Jesus. They won't admit it but everything is pointless in their lives. Now, they get to get close to God the Father through the blood of Jesus Christ.
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"weed industry is sad to no longer be able to price-gouge their customers"
That’s one way to look at it or maybe it’s government overtaxing the industry. Also I find it amazing how they’re looking at the revenue cannabis brings but not Amazon 🤔
Lol
It’s because a lot of other states are following suit and their state isn’t the only place legalizing the purchase of it.
You said it best 😐😐👌
I believe one of the reasons, Recreational Marijuana is in a lot more states now. You no longer have to go to Colorado to use recreational weed legally, you can use it in 20 other states.
Them damn prices😂 for little ass eight 💀 🥶🤣
Good The tax that they charge at the marijuana shops is absolutely outrageous if you purchase on the recreational side. The tax cost just as much as the products dose. So in retrospective you’re getting ripped off.
426 billion in taxes.overtaxed industry is the problem. It's taxed more than any other commodity.
retail marijuana isn't even 10 years old. it's extremely short sighted, a common trait these days, to judge the success of an industry that has just begun. look at the light bulb, radio, television, look how long it took for these things to become common place after the novelty wore off. Industries evolve, marijuana is not going away.
I know a lot of Gen z people use cannabis once and said “this is stupid, why did they make it legal? It’s so stupid to put someone in jail over this”.
Once the stigma is gone. They don’t use it again. Look around. A lot of gen z don’t give a shit about cannabis.
People just don’t use it a lot. Millennials are pushing 40 years. They have children and careers. They get high once a year. Lol.
"We have ever seen"?... also this model of infinite growth is really dumb.
Do you live in Colorado?
It’s going away pal. Only alcohol and tobacco should be legal. Considering they’re a lot healthier for you than weed.
@@dankslurp more people smoke weed in the us than tobacco. Also alcohol is by far the worse drug than weed. You don't really hear about the stoned father hitting his wife and kids.
They tax too much!
As someone who lives in Colorado and works in the Marijuana industry this is true.
Actually, who cares what government wants or needs at this point. If politicians did their jobs correctly, they would not rely on false and misleading (not to mention unrealistic) revenue projections in an unproven industry that only exists at the state level. This is a common plant that is easy to grow. Stop paying into their system. Watch as the industry levels out when people just take the time to grow and swap. They will see this as another glutted bubble of supply (with a limited shelf life) and little demand. No big tax gains. Industry and prices flatline. Companies are forced out as the greedy leave for better pastures. All the taxes they levied against this product are crazy. Don't pay into it...grow!
Overtaxed and saturated ..just like in California. Nothing new in the industry for the consumers. It's just sales focused. Too many rules around ideas of lounges etc. There's nothing like that around in a city like san Francisco for instance..after prop 64 everything came to a stop, ideas and companies out the window, it's also big Marijuana that has the money but also short sighted. So lame ,
I can see your view point; as someone who lives in Colorado and works in the Marijuana industry I 100% agree.
It’s not rocket science.
Fix the culture
Pay your employees
Be respectful
Take care of your community not just yourselves. I work in the Marijuana industry in Colorado Springs CO, my experience has been an extremely tough one. Navigating through alot of unchecked mental health,
Sketchy business practices and discrimination; the managers and owners have so much damn work to do.
its now like mcdoobies here in canada canabis land too. buy in the traditional market ....maybe work there too?!
So do I. Not really sure how our industry can survive with the taxes and regulations. It's quite literally doomed to fail.
That's because some of the nearby states have legalized marijuana and aren't coming to buy it from Colorado.
i bet some of the weed grown is being sold under the table or out of state because there's more money in it and no tax.
As someone who lives in Colorado and has worked in the Marijuana industry this is true.
Price is unsustainable…once the novelty wears off, it’s back to the black market
I love how they are basing current market based off of 2021 sales. Everything was a record high in 2021 across the board.
This screams sky is falling sky is falling.
Cheaper to buy it from the guy on the corner than it is from your dispensary. And it does the same exact thing.
This is being framed as a bad thing. Yeah it sucks there are layoffs, that is a real bummer, job security is nice.
Cheap weed is also nice.
Perhaps more people have decided to grow their own?
I see this too but i refuse to accept it
NYS legalized last year and is one of the largest markets in the country say good by to the novelty of legal states
Not everyone lives in NYS and you can't export and transport anywhere you please, so how do you figure?
@@gregorycaccivio2033 I’ve worked in the industry for 20+ years and watch and react to trends … Oklahoma is serving Texas now one of the other huge markets … NY is a monster market and it’s legal … price dropped within months of legalizing…. No one I going to the west coast to purchase any more and all the shipping is mostly dead now we can do it on the east coast … no more weed tourism in Colorado or California and now we are serving neighboring states
@@gregorycaccivio2033 also people tend to ignore the export transport laws in this business quite often … I’m sitting on pounds from Maine right now … In NY and we once got them from west coast ….
Dispensary weed is HORRIBLE! i grow my own because i am sick of wasting money on unsmokable ditch weed. They pay their growers nothing and focus more on selling a cheap ounce than a quality bud. Colorado should be ashamed of their handling of legal cannabis and the trash they allowed to run the dispensaries!
This is great news, bring that price down so people can afford it as the medicine it is. It wasn't put on this earth to be a cash grab. Nobody cares about those coming for a cash grab when we have people in prison for the same thing. At some point you are going to have to eat the loss and keep on meeting demand. Best you can do..
A gallery in Hell waits for no opening.
It doesn’t help that the states surrounding Colorado, like New Mexico, are making weed legal and stopping the need to travel across state lines to buy weed.
I no why it’s happening, half the states have their own now and people don’t need to go to Colorado to get it anymore.
Legalize cocaine
I can buy an 0z for $200 from a “friend.” It’s $400+ tax at the dispensary.
??? Just no
@@nash...... crawl out from under your rock.
Street cannabis laughs at this video
Well it's way better than no money.
Probably because the surrounding states are legal now duh
Its too expensive cheaper to grow it yourself all profit and it dont stop
almost like prohibition dosent work
And you can grow your own easy in your back yard in dirt. People that love weed will have fun growing there own.
Federal law prohibits the ownership of guns if a person has a marijuana card. A lot of people don't know that. The illegal market is the best way to go; it's cheaper and you can retain your 2nd amendment rights.
Export....trade..,,
Government is a joke tax tax tax long live the black market
I'm not expecting a lot except for the high puns. funny they just talked about demand though and the spike during the pandemic but nothing about the gross over supply causing the flood of cheap product depressing prices. hey it's supply and demand but we're only going to talk about demand okay
Oh come on it's no big deal
That’s what happens when you’re selling mediocre dried up buds.
And now the dirt poor home growers get to hear the millionaire breeders, dispensary owners, and farms whine about letting the billionaires come in and ruin everything because they thought they were going to get rich too.
Exactly, in the future all the weed will be grown on industrial size hemp farms that are already equipped and ready to go, even the millionairs will cry lol
Greedy growers of the state..should be able for all to grow at home free..the way it should be
Us drunks never let the people down. There's all sorts of ways to extract money from our failure. Dang potheads!
I find it amazing how the industry is super taxed and Amazon gets amazing breaks. If we took the example of the weed and how they’re taxed, then there shouldn’t be a reason for the country would be in such decline.
Ha ha it's like all the answers are in the comments!!!!!!!
You'd expect that after a pandemic... means nothing
Cry all the way to the bank
People are still learning that nothing makes you happy but Jesus. They won't admit it but everything is pointless in their lives. Now, they get to get close to God the Father through the blood of Jesus Christ.