Show your Support for Humboldt Growers–HuGG One Today

Worried about marijuana legalization? How is the changing economic climate going to harm Humboldt, the whole North Coast, and growers in general?

A new Humboldt Growers Guild is seeking members.  They want to work with the legalization groups such as the Marijuana Policy Project to create laws supporting small farmers.  They have a new blog. Here is a post from it which they added to Whose Child are You Going to Sacrifice?

They have several other posts up also.

OK, OK, Lets do this!
Couple things:
Ammiano’s Bill is dead.
The next thing coming up is a Tax and Regulate Ballot initiative in November. Nevada is also voting on a Tax and Regulate initiative this year.
The California Initiative would legalize production (state wide) up to 25 square feet. !!
That doesn’t do much.
IT ALSO ALLOWS LOCAL GOVERNMENTS TO CHANGE THE LIMITS.
THIS is where we should be looking for our way to benefit Humboldt County.
Higher Limits that allow for a profitable LEGAL grow BUT Low enough limits to keep the industry away from LARGE corporations.
SIZE MATTERS!
Not too big and not too small.

While California’s Initiative will probably not pass this year, Nevada’s probably will. They will be licensing a limited number of Cannabis Retail Stores and a small number of Commercial Producers. This is what we want to avoid in California because obviously the people that will be granted these Licenses will be connected and all the business will be concentrated into only a few companies.

TAX: Whats interesting about the Nevada initiative is that the tax is $50 per ounce at the wholesale level. Being a set dollar figure and not a percentage is very good for the industry. At $50 per ounce, the pricepoints will be stabilized since a producer will probably need to get $150 – $200 per ounce in order to make a profit. These price points are obviously good for everyone.

Humboldt Growers Guild
Our mission is to work within the legalization movement in order to develop and protect the interests of a legal Humboldt Cannabis Industry.

We have recently made contact with the MPP (Marijuana Policy Project). This is the group that is writing all these laws all around the country. We NEED to get involved with them so that our interests are represented. They have expressed interest in helping us.

We are just now getting this going. We will be setting up shop and looking for funding. Already we have a prominent local donor very interested. This is a Special Interest group, and we will try and play the game as they have set the rules.

WHO IS IN?? IT DEPENDS ON YOU!!

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7 comments

  • I’m excited about the possibilities and want to be kept informed.

    I have one caveat about the post by HuGG. Ammiano’s bill AB390 is “dead” but it has been changed a tiny bit and become AB 2254– the Marijuana Control, Regulation, and Education Act.

  • Would it be possible for the Humboldt Growers Guild to elaborate on their thoughts about tax? I’m interested specifically in why a percentage is worse than a flat $50 tax.

    • In my opinion, a percentage tax will only facilitate a drop in market price as legal commercial production ramps up. The $50 per ounce tax was probably conceived based on current market prices, about 20%-30%. It will help maintain current market prices because producers will still need to make a profit above the $50 tax. So the ounce price cannot ever go below $100. What this will do to production rates and supply levels, I don’t know.
      If there were a percentage tax, the ounce price would have no bottom. No matter what the price, the tax adjusts. The law seems to favor the black market. Not surprising coming out of Nevada.

  • Would it be possible for the Humboldt Growers Guild to elaborate on their thoughts about tax? I’m interested specifically in why a percentage is worse than a flat $50 tax.

    • In my opinion, a percentage tax will only facilitate a drop in market price as legal commercial production ramps up. The $50 per ounce tax was probably conceived based on current market prices, about 20%-30%. It will help maintain current market prices because producers will still need to make a profit above the $50 tax. So the ounce price cannot ever go below $100. What this will do to production rates and supply levels, I don’t know.
      If there were a percentage tax, the ounce price would have no bottom. No matter what the price, the tax adjusts. The law seems to favor the black market. Not surprising coming out of Nevada.

  • Taxes are for slaves, why pay tribute to an offshore, out sourced, owned by a queen government?

    Why rally for turning over the local economy to corp/gov slimeballs?

    What a bunch of patsies…

  • Taxes are for slaves, why pay tribute to an offshore, out sourced, owned by a queen government?

    Why rally for turning over the local economy to corp/gov slimeballs?

    What a bunch of patsies…

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