It is referred to as "Weed" for a reason

 

 

Sitting down after finishing up some astonishingly boring regulatory work.  It brings $$ in through the front door, but I am getting the feeling that that particular cow will be going dry soon.  I hope it doesn't, but I gotta buckle down on fiscal discipline in case the cow does run dry.

Apropos of nothing, going to switch gears here and talk about the pot industry up here in the great Northwest.  For the consumer, life is as good as it gets.  Every ex-hippie wanna-be entrepreneur went into the growing of pot.  The market is glutted.  

So, if times are good, you get suspicious, so I went into the local pot shop (and don't kid yourselves pilgrims, pot shops have horrible service:  The employees always seem oddly distracted).  So after the other stoned customers were serviced by the stoned clerk, the clerk wandered over to talk to me.  I chatted with him aimlessly for a by (quite pleasant young man) and asked him about the prices.  This obviously set off a worry string.  He stated that the prices keep going down.  An obvious oversupply.  

So I browsed.  7 grams of 34% THC flower was 20 bucks.  7 Grams of 29% "shake" was 10 bucks.  It appears that everyone in Oregon with a garden plot is trying to get in on the show.  This can't last.  The whole reason that the law was passed allowing legalization was that the tax revenues would go up and the enforcement expenditures would go down.  Prices at this level will remove half of that equation.  But as any self respecting crooked politician will tell you, revenue is better than savings.  Can't offer bribes and inducements out of savings.

So, what to do.  I think that I need to do some research on extraction and shelf life.  If high THC pot is this cheap, the cost per milligram of extracted THC goes way down.  Tinctures and extracts are shelf stable to a much greater degree than flower, and I am losing my love of smoking anyway.  Homem