6 ms·

You realise this government has done one of the biggests things in modern history in regularting cannabis? Lame duck, nah, every single country in the world is

by weq 3y ago

You realise this government has done one of the biggests things in modern history in regularting cannabis? Lame duck, nah, every single country in the world is feeling these same problems; we had conversatives in AUstralia the last 15yrs (just imagine you harper gov didnt get kicked out, whats what we lived with) and our economy is EXACTLY the same. Taking away party from the debate, and we see the similiarties in our situations. The world is run by corperations who have been yeilding value from the supply chain over the last 40years, creating record profits, concentrating record power, printing record money. THIS IS THE RESULT THAT. No single government of today is to blame, its the system of picking sides that creates collatoral for polticans to barter with coperations for things like censorship, monopolistic access to markets via in/action of laws, etc etc.

I_am_uncreative 3y ago
OK, but why is America's economy so much healthier than Canada's?
- arsome 3y ago
  Especially when it comes to housing.
junofan 3y ago
Strange take considering even the Prime Minister of Canada says he’s done a shitty job on housing [1]. [1]: https://www.cbc.ca/news/politics/trudeau-poilievre-housing-election-1.6970389 https://www.cbc.ca/news/politics/trudeau-poilievre-housing-e...
chongli 3y ago
Lame duck is a technical term in politics. It’s not meant as a disparaging term. It means an outgoing politician or government who is operating in a kind of “interregnum period.” It’s usually a time when politicians get involved with lower priority laws, special interests, and other such things they never touch when they’ve just won an election with a strong mandate. Sure, you might argue that the Liberal party hasn’t been defeated in an election so they’re not technically a lame duck government yet. But my point is that they see the writing on the wall and they’re behaving like one. This is what I think explains the recent anti-tech laws. They’re doing their old media friends “a solid” before they leave office.
transcriptase 3y ago
They legalized Cannabis and managed to botch it in spectacular ways that most people aren't aware of. It has been nothing but a gift to the black market selling mislabeled and contaminated products with virtually no risk of enforcement, while legal producers are all circling the financial drain and trying to stay solvent long enough for the USA or a major EU country to legalize. What could have been a major economic driver has seen tens of thousands of layoffs and site closures around the country, mainly in rural areas. The federal government essentially took all of the most onerous and costly regulations from pharmaceuticals, agriculture, tobacco, and alcohol production and sales and applied them to cannabis. Meanwhile law enforcement efforts to curb black market cannabis production and sales basically ceased. Several studies have shown that THC and CBD labeling are nearly always made up when it comes to black market retail and online unregulated dispensaries. Nearly all of the products also contain levels of bacteria, mold, toxins, pesticides, fungicides, and heavy metals that far exceed what legal producers are required to pay expensive analytical chemistry labs to test for before sales. Most of these things wont cause immediate symptoms, but (for example) Tomato fungicides aren't meant to be soaked into flowers then heated and inhaled and repeated exposure will almost certainly cause unattributed health issues down the line. On top of all of this, the federal government and provinces decided to apply sales, excise taxes, and other fees right out the gate. Then provinces decided to only sell/distribute through crown corporations where the mandatory markup may as well be considered another tax. All in all, when you buy a gram of cannabis in Canada for $6-10, 80-90% of that is tax. The cost of production, regulatory compliance, and a profit margin somehow need to come from the other 10-20%. Meanwhile the black market can sell tainted mislabeled products for as low as it takes to eat legal market share, with no overhead or taxes to worry about. With free delivery! Legalization has been a success in the sense that nobody is getting in trouble for possession anymore. Nearly everything else has been a disaster behind the scenes. Disclaimer: Yes, LPs overbuilt and overestimated demand. There was mismanagement by pubcos. I was there.
- xethos 3y ago
  > Meanwhile the black market can sell tainted mislabeled products for as low as it takes to eat legal market share, with no overhead or taxes to worry about. With free delivery! This only serves to further convince myself (and likely others) to pay the high prices. I don't need to get high, and I'm much more likely to pay for safety - just like in nearly every other product on the market that is marked up due to safety regulations. So given the choice, I'll cut back before I go with the unregulated. I don't think I'm alone in this either, considering Canadians seem to have an international reputation (at least among some Americans) for being, among other things, risk-averse.

by weq 3y ago

I_am_uncreative 3y ago

OK, but why is America's economy so much healthier than Canada's?

arsome 3y ago
Especially when it comes to housing.

junofan 3y ago

Strange take considering even the Prime Minister of Canada says he’s done a shitty job on housing [1]. [1]: https://www.cbc.ca/news/politics/trudeau-poilievre-housing-election-1.6970389 https://www.cbc.ca/news/politics/trudeau-poilievre-housing-e...

chongli 3y ago

Lame duck is a technical term in politics. It’s not meant as a disparaging term. It means an outgoing politician or government who is operating in a kind of “interregnum period.” It’s usually a time when politicians get involved with lower priority laws, special interests, and other such things they never touch when they’ve just won an election with a strong mandate. Sure, you might argue that the Liberal party hasn’t been defeated in an election so they’re not technically a lame duck government yet. But my point is that they see the writing on the wall and they’re behaving like one. This is what I think explains the recent anti-tech laws. They’re doing their old media friends “a solid” before they leave office.

transcriptase 3y ago

They legalized Cannabis and managed to botch it in spectacular ways that most people aren't aware of. It has been nothing but a gift to the black market selling mislabeled and contaminated products with virtually no risk of enforcement, while legal producers are all circling the financial drain and trying to stay solvent long enough for the USA or a major EU country to legalize. What could have been a major economic driver has seen tens of thousands of layoffs and site closures around the country, mainly in rural areas. The federal government essentially took all of the most onerous and costly regulations from pharmaceuticals, agriculture, tobacco, and alcohol production and sales and applied them to cannabis. Meanwhile law enforcement efforts to curb black market cannabis production and sales basically ceased. Several studies have shown that THC and CBD labeling are nearly always made up when it comes to black market retail and online unregulated dispensaries. Nearly all of the products also contain levels of bacteria, mold, toxins, pesticides, fungicides, and heavy metals that far exceed what legal producers are required to pay expensive analytical chemistry labs to test for before sales. Most of these things wont cause immediate symptoms, but (for example) Tomato fungicides aren't meant to be soaked into flowers then heated and inhaled and repeated exposure will almost certainly cause unattributed health issues down the line. On top of all of this, the federal government and provinces decided to apply sales, excise taxes, and other fees right out the gate. Then provinces decided to only sell/distribute through crown corporations where the mandatory markup may as well be considered another tax. All in all, when you buy a gram of cannabis in Canada for $6-10, 80-90% of that is tax. The cost of production, regulatory compliance, and a profit margin somehow need to come from the other 10-20%. Meanwhile the black market can sell tainted mislabeled products for as low as it takes to eat legal market share, with no overhead or taxes to worry about. With free delivery! Legalization has been a success in the sense that nobody is getting in trouble for possession anymore. Nearly everything else has been a disaster behind the scenes. Disclaimer: Yes, LPs overbuilt and overestimated demand. There was mismanagement by pubcos. I was there.

xethos 3y ago
> Meanwhile the black market can sell tainted mislabeled products for as low as it takes to eat legal market share, with no overhead or taxes to worry about. With free delivery! This only serves to further convince myself (and likely others) to pay the high prices. I don't need to get high, and I'm much more likely to pay for safety - just like in nearly every other product on the market that is marked up due to safety regulations. So given the choice, I'll cut back before I go with the unregulated. I don't think I'm alone in this either, considering Canadians seem to have an international reputation (at least among some Americans) for being, among other things, risk-averse.