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Got my wisdom teeth taken out today...

Xelor said:
Have you ever taken principles of accounting?


ModerationNow! said:
I have absolutely no idea what point you are trying to make. If you disagree with something in my thread, please feel free to simply point out that which you disagree with, and I'll gladly debate you, or even admit if I'm wrong. But based on everything I've read about the pot industry(from mainstream leftist media outlets primarily), my points are valid.

The average poor person who happens to know how to cultivate marijuana or produce other marijuana products, will not be able to cash in on that knowledge without $$ or connections in most cases. Maybe they could produce artistic paraphernalia(bowls/bongs etc), they may be able to make some money selling them. But I wouldn't be surprised if there aren't restrictions and regulations that would prevent them doing it on any significant scale.

Next, pot's potency has OBVIOUSLY increased a lot over the past 40-50 years, but from what I've read, there aren't regulations that limit the potency in pot or concentrates, which are even stronger. That's despite the lack of studies involving long term risks.

Lastly there's the reality of marijuana profiteering, despite all the risks of illegal cultivation and sales having been removed. If you grow a common commercial Apple tree, you may make $40-$100 wholesale for its apples(or less), and it takes years of growth b4 it's productive. Whereas you grow a quality marijuana plant and sell it wholesale, you are looking at 4 oz dried flowers for indoor plant = $1000. Or for a well grown outdoor plant you get 2+ pounds at $7,680! An acre could produce many, many $7,000 plants! That's WAY more money than youd make from 1000 acres of just about any other annual crop!

So, please let me know in what part of that, or my post, is my "accounting" wrong.
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I wasn't trying to make a point. I was trying to obtain information. Did you not notice the question mark? There was no reason for thinking the question a rhetorical one.


Aside:
A big part of why discourse in the U.S. is so lame these days is that people won't answer simply put neutral questions that merely solicit information.
 
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Single malt should do the trick. At least you won't care they are missing.
 
Xelor said:
I wasn't trying to make a point. I was trying to obtain information. Did you not notice the question mark? There was no reason for thinking the question a rhetorical one.


Aside:
A big part of why discourse in the U.S. is so lame these days is that people won't answer simply put neutral questions that merely solicit information.
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I never took any accounting course. First of all, I didn't look to see that you were the same person that I had already had a back and forth with about opioids and pot earlier. So when I saw the "accounting" question in a later post, I assumed that you were someone different, and I couldn't figure out what the accounting question was referencing. I thought maybe you were making an accounting argument about the currently high wholesale cost of legal marijuana being justified, due to some other variable that I wasn't aware of. Lack of clarity on my part I guess.
 
ModerationNow! said:
I never took any accounting course. First of all, I didn't look to see that you were the same person that I had already had a back and forth with about opioids and pot earlier. So when I saw the "accounting" question in a later post, I assumed that you were someone different, and I couldn't figure out what the accounting question was referencing. I thought maybe you were making an accounting argument about the currently high wholesale cost of legal marijuana being justified, due to some other variable that I wasn't aware of. Lack of clarity on my part I guess.
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Red:
Okay.

Blue:
That's a somewhat reasonable way to describe the remarks I have in mind to make. But I need to know whether you took accounting to know whether I have to "spell things out" or whether I could write simply write as I would to someone who took principles of accounting, which, frankly, would be easier and faster both to write (no need for didactic/explanatory linked content) and for one to read. There are a number of disciplines I can assume an average American adult studied in high school -- U.S. history, European history, English lit and composition, math up to precalculus, biology, chemistry, and physics -- but accounting's not among them, though it could have been something you studied in high school or college. (Everyone who has a business degree took principles of accounting, and it's an easy class, so I can expect that comprehension and concept retention levels would be high.)
 
ModerationNow! said:
...I'm enraged by the vulgar profiteering that's going on there and elsewhere! There were MANY legitimate reasons why pot was expensive when it was illegal. It was because of the many serious risks involved, combined with the 'wholesale' prices being relatively high. But now, despite ALL those risks being removed altogether, they are STILL charging a fortune for it! That's just pure, inexcusable GREED..... I'm actually shocked that I don't hear more pot legalization proponents complaining about this gross profiteering. Shameful all around!
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  • Profits (profit margins, thus prices) are greatest in the growth stage of a lawfully engaged-in industry's/business' life cycle, whereas profitability is largely non-existent in the introductory stage and margins decrease in the maturity stage. They are largely because sources of supply for the innovation and competition is limited.

    product-life-cycle-stages.jpg


    That's simple supply and demand, and it is so whether one examines goods and prices across industries, in industries or at the monopolistic competition level of an industry.
    • Monopolistic competition and industry level examples:
      • Toyota Camry LE -- $23,955 -- is 7% cheaper today than it was 20 years ago.
      • Toyota Corolla's ~$13K base price 1997 corresponds to more than $20K today, yet the base price of a Corolla is ~$18.5K.
      • BMW 318i (entry level car), cost $26,720 in 1998. Today, a comparable model, the 320i (entry level car), costs $34,445, a 13 percent dip when adjusted for inflation, and that doesn't even account for the additional features and improved efficiency and performance of the F30 320i compared to an E46 318i.
      • Cellphone plans: On average, cell phone plans are 20 percent cheaper today than they were in 2000.
      • Computers: A Compaq laptop with a 250 MB hard drive started at $2598 just over 20 years ago, whereas a MacBook Pro with a 256 GB hard drive starts at just $1799 today.

        1985 Cray 2 vs. iPhone 4

        XCiGXrc.jpg


      • Solar panels: The price of solar panels is less than half of what it was less than a decade ago, and prices have been steadily falling for decades.
  • "All those risks" have not been removed. Pot use, sale and distribution remains to this day a federal crime. Jeff Sessions even made a point of remarking upon the government's efforts to prosecute "Mary Jane" crimes. Sellers charge a fortune for it because there's still a lot of risk associated with doing so. There's also the matter that, for the most part, "everything goes 'retro' except sticker prices." One has inflation to blame for that.


ModerationNow! said:
What may be even worse, is the fact that the whole system is basically set up so that ONLY the upper middle class & wealthy, and well connected people can hope to get involved in the industry as a career or to make extra money. So, the same people who purport to 'care' about opportunity for the downtrodden, have made damn sure that the downtrodden CANNOT get on board the gravy-train!
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Red:
To get involved in any business one must have investable capital. It doesn't matter what business one wants to enter, the first transaction one must record is the one that transfers assets from someone to the firm:

Dr. Assets​
Cr. Loans payable and/or owner's equity​

One's socioeconomic status and the type of business has nothing to do with it. One must have resources one can contribute to the business. If one lacks adequate resources of one's own, one must borrow them. Whether and how much one can borrow, if need be, is a matter of
 
Xelor said:
One's socioeconomic status and the type of business has nothing to do with it. One must have resources one can contribute to the business. If one lacks adequate resources of one's own, one must borrow them. Whether and how much one can borrow, if need be, is a matter of
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Apologies for not finishing my sentence....

The terminal sentence should have ended with the following: "...is a matter of lenders' loan default risk management profile, not anything the government does, and lenders are in business too, just would be the persons/firms to whom they lend money."
 
ModerationNow! said:
Then you are lucky....... NOT enjoying the feelings from opioid drugs is a very good thing! After having my wisdom teeth pulled, I was given Percodan for the first time. Aside from crappy codeine, it was my 1st opioid experience. I never had to take more than 1 pill to get a perfect effect. There are some people who use opioids to the point of "nodding" out. I never saw the point in that. If you just wanted to sleep, buy some sleeping pills! Same thing with benzodiazepines like valium and Xanax. There are people who take them, and just nod out in mid day. Some take them with opioids. It makes no sense!

To me, 1 Percodan or Percocet would remove all depression, anxiety, and replace it with what can only be described as a 'warm blanket of euphoric contentedness'. It felt like a higher state of basic happiness with life. To me, a euphoric dose was all that was ever needed, and despite being categorized as a depressant, it actually gave me(and many others) a feeling of rejuvenation.

Granted, if you take a slightly higher dose and you're sitting around alone with nothing to do, you may eventually feel a little drowsy, but you could say the same of alcohol.

That's why people keep doing it until they become addicted. To many people, opioids are like heaven on Earth, and that's actually not a good thing.... You are better off not liking it. I feel the same way about marijuana that you do with opioids. It never gave me the positive effect that it does for many others. It made me feel burnt out within an hour or 2 of smoking it, and I had a very low tolerance due to turning it down most of the time.
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That's the best description of how drugs affect some of us I've ever read. Alcohol did the same for me, until it quit working... People who don't feel the same thing never understand it's really not about the 'high' or the 'drunk' but your brain getting flooded with chemicals that make you feel....better somehow. I wasn't really even conscious about it while drinking, but in retrospect the feeling is clear as can be. The killer is we develop tolerance, and it takes more and more just to feel 'normal' and then nothing's enough, and when we come off there is clinical depression that doesn't let up, so we drink again, etc.

I did try cocaine once, and I was smart enough to realize that it was just too good a feeling - alert, happy, contented, confident, and if I kept using it I'd get addicted, so I never used it again.
 
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