Marijuana

Marijuana Consumers, Innovators Growing

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Everybody must get stoned.
Credit: West Midlands Police

The market for marijuana appears to be growing—not just among consumers but also among businesses and researchers looking to built a better product.

The latest National Survey on Drug Use and Health provides numbers on the most popular drug in America:

In 2012, there were 18.9 million past month users [of marijuana]. Between 2007 and 2012, the rate of current use increased from 5.8 to 7.3 percent, and the number of users increased from 14.5 million to 18.9 million.

[…]

It was used by 79.0 percent of current illicit drug users. About two thirds (62.8 percent) of illicit drug users used only marijuana in the past month. Also, in 2012, 8.9 million persons aged 12 or older were current users of illicit drugs other than marijuana (or 37.2 percent of illicit drug users aged 12 or older).

Additionally, the study finds that 7.6 million Americans smoke marijuana everyday, which is double the entire population of Colorado and a million more than Washington state's.

The legalization of marijuana in those two states is creating opportunities for entreprenuers. 

At Business Insider, Walter Hickey points to companies developing new products for both medicinal and recreational use. Hickey highlights Dixie Elixirs & Edibles, which "is setting itself to be the Pepsi of marijuana" by selling cannabis-infused soft drinks. The company also sells a range of products including tinctures and capsules to mints and chocolate truffles.

"The marijuana they use to get these oils would otherwise be waste from a marijuana growery — the cannabis by-products that, while still containing the oils that convey a "high," are not smokable or able to be sold to customers as flowers," explains Business Insider.

Nevertheless, Dixie Elixirs needs to overcome the hurdle of ensuring that its products have a consistent dosage of Cannabidiol (CBD), the major chemical compound in marijuana that has medicinal applications. This is opening up niches in the industry for other companies, like Apeks Supercritical, which provides Dixie Elixirs with specialty extraction equipment.

Likewise, Dixie Elixirs teams up with CannLabs, which "analyzes both marijuana infused products as well as other products like hash concentrates" for impurities and chemical content, according to Business Insider. 

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  1. Plant geneticist post-docs see an employment boom.

    1. My dream plant would some kind of bifurcated high THC plant with seedless buds but somehow seed elsewhere and grows anywhere from dry Arizona, to Florida to North Dakota outside.

      1. Getting seeds to form somewhere other than in the flowers is going to be quite a trick.

  2. The legalization of marijuana in those two states is creating opportunities for entreprenuers.

    Wait, a newly deregulated product provides opportunities for entrepreneurs?

    Say it ain’t so!

    1. Deregulated?

      1. Well, relatively.

        Making something legal from illegal is a huge deregulatory step.

        1. And then adding production caps is double-plus good!

          1. Look at it this way: the production caps were raised from zero to whatever they are now.

            1. Actually, prior to legalization product cap was ?. Because it was illegal.

              No you could argue that it’s still ?, except anything above the state-mandated level would be illegal, which puts us right back to where we started.

  3. Yet, as consumers and innovators grow, the Washington State Liquor Control Board, the group kicked out the door of liquor privatization last year and crawled back in the window marijuana regulation this year is going to cap the amount of marijuana produced… you know, now that it’s legal and all:

    Total pot production would be capped at 40 metric tons next year in rules approved Wednesday by the state Liquor Control Board.

    The cap is intended to meet anticipated consumer demand that would roughly equal 25 percent of the total state market for legal recreational, medical and illicit-market marijuana.

    http://seattletimes.com/html/l…..esxml.html

    Because markets always work best when government sets production limits and price controls. Fuck… can we just make it illegal again?

    1. You can’t fool *me*, Paul. That blockquote is from The Onion.

    2. Do you think I’m going to be buying my weed from a store, Paul? Fuck the Liquor Board morons. I’ll continue to get mine from those who do it well.

      It was obvious they were going to fuck this up, the question was only “how much”? And, of course, we now see that it looks like “completely”.

      1. Yeah, I don’t understand exactly how legislators think they can control a plant that will grow fucking anywhere.

        1. And that they couldn’t even remotely control when it was illegal. Now it’s legal, and even if home production is still illegal, that’s going to change from before…how?

          1. Yeah… It’s harder for me to get painkillers than pot here in NC.

            I know a fucking deputy sheriff that grows.

        2. The plant will grow anywhere. Good weed will not.
          Not that that stops them spending loads of money eradicating unsmokeable ditch weed.

          1. You should see the ditches of the Union Pacific RR through Kansas and Oklahoma, hemp and ditchweed everywhere. It looked like a high times photo (from afar).

            They told us the feds grew hemp out there during WWII, and they long-since quit trying to put that genie back in the bottle.

      2. Do you think I’m going to be buying my weed from a store, Paul?

        I’ll bet Williams Sonoma would have good stuff… in those little fancy expensive jars next to the peppercorns they’re always out of?

    3. Total pot production would be capped at 40 metric tons next year in rules approved Wednesday by the state Liquor Control Board.

      “Hey guys, lets find a new way to fuck up the economy today.”

      “I know, how about production caps?”

      “My god, Shriek, you’re brilliant!”

  4. I met someone who bemoaned the idea that if weed was legal and Wal-Mart got a hold of it, that would ruin Marijuana. I told him he was an idiot. That there’d only be one kind of weed. Wal-mart doesn’t have one kind of anything. See: toothpaste isle. There’d be 5 or 6 kinds of weed from grams to pounds. Pipes, pipe parts, seed removers, Black light posters, ceramic bongs, glass bongs, loopy loop bongs, vaporisers, bong cleaner, made to order bongs shipped within 24 hours for free. God I can’t wait.

    1. But… Wal-Mart! Living wages and… something Kochs!

      1. WalMart, subpar quality and disturbing customers, what’s not to love?

        Yes, those are my main reasons for not shopping there, when I get the same product, same brand from two different retailers and have a visibily different level of quality, I’m going with the one that will last longer.

        1. WalMart, subpar quality and disturbing customers, what’s not to love?

          Why progressives hate walmart. Because tolerance and looking out for the little guy!

          Remember, progressives love the little guy, as long as they don’t have to, you know, interact with him or have him living in their neighborhoods!

  5. The local rightwing radio station has a Stock Tip of the Day thing. Today it was a company who makes inventory software for medical marijuana dispensaries.

  6. 7.6 million is not double the population of Colorado.

    1. But the real number of daily smokers is.

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