08-30-2013, 12:01 AM
More likely the small time producers will just get wiped out by a sudden influx of competition. It's not like growing pot is a really tough or expensive industry to launch. It's not like starting up a smelting business or a new brand of boxed cereal. It's seeds, dirt, water and light.
Might be interesting to see what the legalization of pot does in terms of production vs demand, though.
My suspicion is that capacity for demand isn't going to go up much. Anyone who wants to smoke pot today can. But production will explode and the price of pot will crash.
Unless maybe industry gets into it, I guess. Is it good for bio-fuel relative to other plants? That might drive up demand. Or if it really turns out to be better than trees for paper; or cotton for clothing or something, like the pot advocates have always said.
Might be interesting to see what the legalization of pot does in terms of production vs demand, though.
My suspicion is that capacity for demand isn't going to go up much. Anyone who wants to smoke pot today can. But production will explode and the price of pot will crash.
Unless maybe industry gets into it, I guess. Is it good for bio-fuel relative to other plants? That might drive up demand. Or if it really turns out to be better than trees for paper; or cotton for clothing or something, like the pot advocates have always said.