<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=iso-8859-1"> <META content="MSHTML 6.00.2800.1586" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><SPAN class=gmail_quote></SPAN>Sounds about right (so I am told).  1-6 pound puchases are typically in the 100-140 cdn range.  Street level prices even in BC, the double A grade capital of Capital, is typically 40-60 a quarter and in Toronto the ubiquitous street price is 70-80 an eigth (so I am told).  Now if you are buying by the pallet load then the price <FONT face=Arial size=2>is rather less.  But don't discount all that value added involved in the transport and distribution to the final consumer.  </FONT></DIV> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><FONT face=Arial size=2>So yah if the article was suggesting that it was the wholsale value then it was a bogus but if it was suggesting that it was the street value then it was a rather conservative figure.</FONT> <FONT face=Arial size=2> Nonetheless the case should be made to legalize the stuff and tax it.  </FONT></DIV> <BLOCKQUOTE style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV><FONT face=Arial size=2></FONT><FONT face=Arial size=2></FONT><FONT face=Arial size=2></FONT><BR> <BLOCKQUOTE class=gmail_quote style="PADDING-LEFT: 1ex; MARGIN: 0pt 0pt 0pt 0.8ex; BORDER-LEFT: rgb(204,204,204) 1px solid"><A onclick="return top.js.OpenExtLink(window,event,this)" href="http://www.guardian.co.uk/print/0,,329666124-103681,00.html " target=_blank>http://www.guardian.co.uk/print/0,,329666124-103681,00.html </A><BR><BR>['The study shows that 10,000 tonnes of marijuana worth $35.8bn<BR>(Ł18.4bn) is grown each year; the street value would be even higher'.<BR>Since marijuana is almost completely illegal (except in very limited <BR>circumstances), what other (monetary) value is there, apart from the<BR>'street value'.]<BR></BLOCKQUOTE></DIV><BR>Official estimates of drug value are often ridiculously high. Perhaps<BR>it sells more papers, helps justify the expense of the War or Drugs,<BR>or the long sentences sometimes handed out.<BR clear=all><BR>10,000 tonnes for $35.8 billion? $3.58 million a tonne?  Roughly<BR>$3.58 thousand a kilo? $3.58 a gram, roughly $100 an ounce.<BR>Sounds to me like they are already using a retail price here. I<BR>wonder if they are doing that for crops they compare to.<BR><BR>-- <BR>Sandy Harris<BR>Quanzhou, Fujian, China <P> <HR> <P></P>___________________________________<BR>http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk</BLOCKQUOTE></BODY></HTML>