. @byaninek I think it's a lousy biz.. Prices will fall quickly, which will lead to huge taxation of pot products by every taxing authority
— Mark Cuban (@mcuban) January 3, 2014
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@ChetTweets @byaninek if it was 1964, yes. Not 2014
— Mark Cuban (@mcuban) January 3, 2014
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What are the chances that “the marijuana industry” becomes a lot smaller than we think? In order to control and tax the shit out of it, state governments will probably never have truly univerial regulations so that one — or a few — businesses can thrive like they do with big tobacco and booze. Right now it's in the best interest to stay local, giving co-ops and mom and pop shops/growers have the majority of the power.
After all, it is just a plant. In terms of a business, it's could be like trying to say a geranium nursery is going to be the next Google. That's just silly. So let's all pump our jets.
[H/T: Elite Daily]
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