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High Finance ( Foreign Correspondent ) - ABC1 at 8pm -15.6.2010

kingpin007

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High Finance

Broadcast: 15/06/2010

Reporter: Eric Campbell

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Let’s call it Califloracation.

Or supplier-side economics.

Groaning under the crushing weight of a multi-billion dollar deficit, California is dreaming up novel ways of paying its bills. And like a slacker’s cry in a Judd Apatow stoner film or a punch line in Cheech and Chong sketch - a bright idea: What about drugs!

Seriously.

An authorised cannabis trade already operates in California. A medical-use system which has grown and grown into a defacto mainstream trade.

"I’d be dead without it. I don’t get high from cannabis at all. It’s really boring.
I really honestly don’t like using it. I do it because I have to." ANGEL RAICH Pain sufferer, cannabis user

But later this year Californians will vote on a proposition to legalise marijuana altogether - enabling anyone over 21 to possess an ounce of the drug and grow it themselves. The payoff: the state get its hands on urgently needed tax revenue.

"Maybe two or three billion for the State budget. Now that’s not going to resolve a 20 billion dollar deficit but it would go a long way towards many things people are seeing being pared down." TOM AMMIANO Democrat legislator

Reporter Eric Campbell goes up country to meet a man we’ll call – with apologies to the incumbent Governor – The Germinator. Matt Cohen is one of the country’s premium cannabis horticulturalists with a pristine organic seed bank.

‘La Confidential, Casey Jones, Blue Cheese …’ Matt reads a seemingly endless list of varieties with counter-culture names certain to change if and when California choose to Legalise It.

The Cannabusiness has its supporters but naturally there are detractors.

"It’s a major cause of substance dependence in the United State. It’s a leading cause of going into treatment in the United States. It’s a leading cause of highway fatalities that rivals alcohol in the United States. It’s a very serious health problem - and especially I would say, for youth." DR ROBERT DU PONT Head of Drug Policy (Ford/Reagan)


http://www.abc.net.au/foreign/content/2010/s2923813.htm
 
Sounds very interesting! Quite a logical idea really, would be fascinating to see what happens if it goes ahead :D
 
Sweet, will tape it tonight :) Its been talked about over and over but a documentary called The Union looks at the industry and the potential money to be made, worth checking out (Its at JB Hi Fi but you can also find it online ;))
 
I have a feeling we're going to be bombarded by the media with every possible pun on the word 'high' over the next few years :/
 
Watched it last night... not to bad. The only real bias came from that fucking idiot robert du pont... just can't shake his "weed is evil" kinda vibe..


He looks like a scary fucker to.. wouldnt wanna run into him in a dark alley !

Also im sick of the media .. yes even ABC occasionally... having to always connect weed to the 60's and hippies... it just brings up bad vibes in people that have no idea... its all they know i guess.
 
ALSO! WHAT SHITS ME..

is the fact that they tell everyone its the number one drug for TREATMENT IN THE STATES...

So..

What they dont tell you is the judge says "Hey johnny.. you wanna go to jail or rehab? "

What the fuck would you take?!

Doesnt mean ANYONE is addicted.. simply means that they are not wanting to take the shitty option.
 
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