HI-Blog

February 15, 2016

NO MEDICINE FOR YOU! The problem with GARCN

With the arrival of January I-502 sales data, I am disappointed to announce that The Great Area of Recreational Cannabis Nothingness is still with us. I currently estimate that the State will skim AT LEAST $250 million in excise tax revenue from State-Legal Cannabis during calendar year 2016. The forced migration of patients to retail could well drive this number higher (much higher). As the Legislature has said to patients: go regulated or go illicit. Only a 37% excise tax for you. We’ll spare you state sales tax. It is […]
February 14, 2016

Posting Comments – I can’t believe I just “unapproved” a comment.

I just unapproved the first comment of my life — courtesy of some choice words by one “Rob”. On the new site, I decided to ease up on manual oversight of comments as I played with the many WordPress options available for that. I now understand why some of those options should be put in the “requires more manual oversight” mode. Rob, in a few short phrases, was able to insult Dean (from a previous comment on the Lab threads), an author that was quoted in a comment or two, […]
February 9, 2016

Monetizing the Number of the Beast

A rare retroactive prediction from me. Prior to the expected release of the daily sales data later today, I wanted to make a prediction about what it will tell us. I am predicting that, as of last Tuesday (Feb 2, 2016),the cumulative total I-502 sales since the inception of the market in June of 2014 will have passed $666 million dollars. That is correct, one million iterations of the number of the Beast. That it would happen on the 2nd day of the week (Tues) and that it would be […]
February 4, 2016

One is Not the Loneliest Number: Bud Package Sizes

This post addresses a question which has been buzzing around for awhile – namely, what is the relative popularity of different bag sizes for flower purchased in the regulated Cannabis market? Mr. Busby of WeedTraQR used the OpenTHC platform to produce the data used in this post- my appreciation to him for that. This summary represents over 14,000,000 individual “units” of flower sold to (primarily) adults in Washington recreational Cannabis stores over the first 17 months of its’ existence (through Nov.’15). To counter the unfair rumors cycling around regarding my […]