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The Water Cooler
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China buying land in the US
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<blockquote data-quote="OKRuss" data-source="post: 3564348" data-attributes="member: 41777"><p>Having lived in CO 20 out of the last 25 years, their "medical" cards are just as easy to get as here in OK. Once you play the "pain management" card, it just gets out of hand(no pun intended). I believe in CO the % of card holders for pain is like 90-95% with a small percentage what I feel is truly medical - glaucoma, cancer, .... If it's an alternative to someone being hooked on opiates, I'm good with it but most of those 90-95% are just recreational users and some street corner dealers. Card holder can buy 2 oz every single day and not trigger any red flags. None. If our gov't just limited to true medical use, there wouldn't be any substantial revenue and never be considered.</p><p></p><p>As for the land purchases, we bought 300 acres in early 2020. There was 20 acres owned by another guy. He was asking $3K/acre. Lots of Asian lookers so he up'd the price to $3500/acre. Since it's all wooded, no electricity, no water, there wasn't as much activity with the higher price. We've sucked it up and buying for $2500/acre just so nobody else is around our half section. Realtor confirmed the only people he showed the property to were of Asian descent. I met two of the prospective buyers so can confirm first hand.</p><p></p><p>What our government here is also over looking is where will all of this weed ends up going? With the over production that's going on, the prices will drop significantly resulting in these growers having THOUSANDS of pounds of surplus. You think they're just going to sit on it and let go bad? Nope - on the black market and being transported to adjacent states that don't have it legal yet. Recall when Nebraska and Kansas were suing CO to get back money for all of the possession arrests and being overwhelmed by the trafficking. Didn't work but was an eye opener.</p><p></p><p>Next up: Recreational just like CO and all of the other states. Why? Mo $$, Mo $$, Mo $$!! These grow shops, in my opinion, are preparing for this and will let the prices drop to run out the small operations then flood the market when recreational laws are passed.</p></blockquote><p></p>
[QUOTE="OKRuss, post: 3564348, member: 41777"] Having lived in CO 20 out of the last 25 years, their "medical" cards are just as easy to get as here in OK. Once you play the "pain management" card, it just gets out of hand(no pun intended). I believe in CO the % of card holders for pain is like 90-95% with a small percentage what I feel is truly medical - glaucoma, cancer, .... If it's an alternative to someone being hooked on opiates, I'm good with it but most of those 90-95% are just recreational users and some street corner dealers. Card holder can buy 2 oz every single day and not trigger any red flags. None. If our gov't just limited to true medical use, there wouldn't be any substantial revenue and never be considered. As for the land purchases, we bought 300 acres in early 2020. There was 20 acres owned by another guy. He was asking $3K/acre. Lots of Asian lookers so he up'd the price to $3500/acre. Since it's all wooded, no electricity, no water, there wasn't as much activity with the higher price. We've sucked it up and buying for $2500/acre just so nobody else is around our half section. Realtor confirmed the only people he showed the property to were of Asian descent. I met two of the prospective buyers so can confirm first hand. What our government here is also over looking is where will all of this weed ends up going? With the over production that's going on, the prices will drop significantly resulting in these growers having THOUSANDS of pounds of surplus. You think they're just going to sit on it and let go bad? Nope - on the black market and being transported to adjacent states that don't have it legal yet. Recall when Nebraska and Kansas were suing CO to get back money for all of the possession arrests and being overwhelmed by the trafficking. Didn't work but was an eye opener. Next up: Recreational just like CO and all of the other states. Why? Mo $$, Mo $$, Mo $$!! These grow shops, in my opinion, are preparing for this and will let the prices drop to run out the small operations then flood the market when recreational laws are passed. [/QUOTE]
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