commented on Where to Stash Your Cash?
This seems nonsensical. Money is fungible. I assume the state will deposit the i-502 taxes into the same places that it puts its other income, and pay out amounts for the earmarked purposes from the same accounts.
commented on Lawmaker Confident That Feds Won't Sue WA to Block Pot Law
Honestly, we should be thinking now about a sort of "poison-pill" add-on to i-502. Let the feds know that if they stop the regulated market before it is born, we'll legalize small personal growing, which they will not have the resources to stop.
It might even be possible to do this and preserve some of the tax revenue... it could be required that some sort of per-plant license be obtained, but make the license purchasable anonymously with cash so there are no records for the feds.
commented on The Monday Morning News
I'm continually amazed by the amount of hysterical worrying about the effect on society that could happen from liberalization of cannabis laws for adults. Contrast against the seeming lack of worry about the effects of giving free bottles of prescription speed every month to any teenager who wants one.
commented on Would You Pay for YouTube?
I'd pay a small fee if it got me:
- no ads.
- ability to (at least temporarily) save content for offline viewing.
I wish they had some way to just stream the audio without video for mobile music listening.
commented on Why Pot Delivery Could Be Allowed Under I-502
Alcohol is deliverable. I used to order wine this way all the time.
I've got to say, if MJ businesses aren't able to use the banking system, it's going to be pretty bad from a "regulated market" standpoint. The most tempting illegal act for I-502 compliant businesses is going to be skimming money to avoid both the i-502 taxes and general business taxes. Requiring that they act as pure-cash businesses is going to make it really hard to keep things above-board. It also makes money laundering of profits from the illegal market through the legal market much easier.
If the fear of backlash from the feds forces i-502 businesses to act outside of any normal sort of business accounting, the state should do something like sell "gift cards" that can be used at mj stores and already have the tax included or something.