Daniel Herkes

Marijuana, LSD, Cocaine Now Legal in Mexico. Will the Economy Benefit?

Amen.


On Sep 01 11:02 PM Tony Petroski wrote:

> There's something basically pathetic in speculating about the investment
> implications of Mexico's legalizing addicting and debilitating drugs.
> I thought we were nearing some kind of a bottom as a civilization,
> but now I'm not so sure.
>
> The economics are clear: Lower the cost or the tax of something
> and the usage of that something will go up.
>
> Legalizing "posession of small amounts" of these substances is perfect.
> That means that if you are a criminal cartel pushing drugs, your
> competitors are still excluded because distribution is illegal, but
> your customer base should expand because the "small amounts" are
> now legal. My guess is that this legalization signals the triumph
> of the drug cartels over the Mexican government.
>
> If this is a good thing, why not go the whole hog and legalize distribution
> and posession of any quantities? Have some guts here you Mexican
> Cheech and Chongs.

Marijuana, LSD, Cocaine Now Legal in Mexico. Will the Economy Benefit?

And it will be legal. I do hope that it is an effective medicine.


On Aug 30 08:12 PM Ikiru wrote:
the legal production of high-grade medical marijuana.

Marijuana, LSD, Cocaine Now Legal in Mexico. Will the Economy Benefit?

The France of Rostand's time was close . . .


On Aug 30 11:08 AM searcher wrote:

> Has there ever been a time more congenial to the inanity of fantasy?

Marijuana, LSD, Cocaine Now Legal in Mexico. Will the Economy Benefit?

I am not confusing substance abuse with freedom. There is no confusion there! Give me a society that is free from recreational drug use. I am not talking about alcohol either. There is a special place in hell for the people who manufacture, sell, and otherwise profit from human misery.

I choose to live in a country that is willing to take a higher road. I understand that my fellow citizens may well use these terrible substances. But it's clear that they are doing so as a crime. There will be no point in taxing them either; the drug lords have always circumvented such schemes.


On Aug 30 07:13 PM AuGod! wrote:

> Either a society is free or it isn't. Individual freedoms might include
> the "pursuit of happiness". You have heard of this?

Marijuana, LSD, Cocaine Now Legal in Mexico. Will the Economy Benefit?

My point is this:

In the States we have educational programs, DARE for example, that teach children that illicit drug use is bad. I taught my children that drugs are bad. I am not wrong about that, am I?

That is not an arbitrary point. Draw a line in the sand, and stand on one side or another.


On Aug 30 02:00 PM MDLGTO wrote:

> With regard to Daniel Herkes's comment above: What is your point?
> Obviously alcohol and tobacco are worthy of investment (consumer
> discretionary) and immoral to various interests. The line is arbitrary
> and, I'd imagine, closely allied with corporate and political entities.
> The author's thesis is weak. But, can you imagine the IPO value of
> the secure drug distribution routes into and through the US, were
> they legal?
>
> Disclosure. Live in Mexico; Long RC, MO

Marijuana, LSD, Cocaine Now Legal in Mexico. Will the Economy Benefit?

Let's do invest in an immoral habit. Drugs are evil, right?