Boom Times for Pot Growers

[marmar]

via Truthdig:



Boom Times for Pot Growers
Posted on Oct 20, 2009


The lousy economy has driven some Californians into the marijuana industry, which is doing a lot better than, say, construction. According to this Miller-McCune profile, California will grow an estimated $15 billion worth of weed in 2009, a good portion of it in the backyards and basements of amateurs and newcomers.

That’s good news for local governments. Oakland hopes to raise $300,000 next year from a medicinal marijuana sales tax.

The Justice Department has instructed U.S. attorneys not to go after users and dispensaries that operate within the laws of the states. That doesn’t mean a more permanent pot economy is just around the corner, but it is doubtless a step in that direction. —PZS

Miller-McCune:

As the economy tanked, layoffs rose, retirement savings shriveled and home-equity credit lines fizzled, Sarah and thousands of middle-class folks like her began raising extra cash by following local ordinances that allow the limited growing of Cannabis sativa for personal or medicinal use — while hoping that President Obama will keep federal law enforcers occupied with other things.

The economics of pot growing are nice. The amount of space needed to grow a tomato plant will support a cannabis plant that, with a bit of TLC and luck, will produce from one-quarter pound to as much as 2 pounds of marijuana. When wholesaled to a dispensary, each pound will bring around $2,000.

Read more

http://www.truthdig.com/eartotheground/item/20091020_boom_times_for_pot_growers/?ln

[Ruby the Liberal]

1. I wish I knew how.

[Blue_In_AK]

5. It's quite easy to grow enough for personal use

under shoplights on a timer -- or so I've been told.

[Ruby the Liberal]

6. I live in the city

Doubtful I would ever be able to be effective at it even if I tried. I don't even have houseplants due to a black thumb. :rofl:

[movonne]

9. Well you might like getting a green thumb..

[Swamp Rat]

2. This is a win-win

Woohoo!:bounce:

[Gabi Hayes]

4. dank? or

schwag?

[Swamp Rat]

11. Merry X-Mas!

:smoke:

[ixion]

3. it should be growing right alongside the veggies in the garden

all across the land. :bounce: :woohoo:

[wildbilln864]

7. yep! nt

[Politicalboi]

8. I live with someone who is doing just that

You need to buy the right lights and know about good and bad bugs. They haven't made a lot of money yet, but it's coming. It's a shame they are moving next month, I need to find another place. I have a prescription, so I am looking for a place to grow my own.

[Blue_In_AK]

10. You really don't even need the halide lights.

If you're growing under shop lights supplemented with grow light bulbs, you might have to grow a few more plants and your buds won't be humongous, but even the little guys smoke nicely. The more modest growing situation doesn't affect your electric bill either. You won't get a half pound of buds a plant or anythng like that, but you will get buds.

Or so I've been told.

[madokie]

12. I just wish some of that weed was ending up here