Monday, January 6, 2014

Determining the Price of Pot

THE PRICE OF MARUJUANA in Colorado is skyrocketing. Its even higher than the people purchasing it, and that's saying quite a lot. But of course, there are only about twenty four marijuana stores in the entire state, and you can assume that many smokers are coming from other states and standing in line with the Coloradans. The demand is simply way too high for the supply. The eventual number of pot stores in colorado, or anywhere else in the United States, should properly be similar to the number of liquor stores or even convenience store/gas stations. This is one area with great potential for economic growth. And that's exactly what we need in America; jobs and economic growth. Accoridng to former labor Secretary Robert Reich, there is one job available for every three unemployed Americans. A labor surplus, just the way the corporations and business community want it. Doesn't everyone agree that big corporations have a large enough share of wealth and powr in America, and that the more small businesses we have, the better? Marijuana can be grown in anyone's home, and sold in a small business. The whole industry has the potential to be small business oriented. Our corporate masters will find it tough going if they attempt to sieze control of an monopolize tha marihuana industry. For once, the little people have a way to fight about, to compete. The pioneering Colorado pot shop owneres are reaping the benefits of getting in early on a business with great future potential. It will be interesting to note future prices and profit margins. Competition will increase, and prices will come way down. It will be interesting to see how well paid future employees of pot shop owners are. Probably about like other low wage workers. May the free market, in its infinite wisdom, determine the price of marijuana!

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