Login/Join to access your personalised dashboard now! Returning user? Log in or Register
Log in to your GrownUps

our say on what’s happening today

This topic contains 30504 replies, has 234 voices, and was last updated by  rob023 21 hours, 45 minutes ago.

Discussions News & Current Affairs (excluding Politics) our say on what’s happening today

Viewing 10 posts - 30,251 through 30,260 (of 30,505 total)
  • #1738783
    Hero42
    Member
    Member since: July 18, 2008
    Topics: 51
    Replies: 12219
    Hero42

    I am not sure which survey you are looking at but the one with the link says it was with 1065 participants.

    You really have to be a statistician to read the report but what I could see was that of the 1065 663 (62%) were non users 110, (10%) were occasional users, another 185 (17%) were limited or desisting users, which leaves 56 (5%) regular users and 51 (4%) chronic users.

    They also grouped them into Mother or father lacking educational qualification, below average living standards, family semi or unskilled, changes of parents as a child, exposed to family violence, parental history of criminality / alcohol problems / illicit drug use, exposure to sexual abuse, exposure to harsh or extreme physical punishment, conduct disorder, major depression, anxiety disorder and affiliations with delinquent or substance using peers.

    With that sort of background I am amazed only 9% were regular or chronic users.

    Cheers 🙂

    #1738784
    halcyon
    Member
    Member since: May 4, 2014
    Topics: 8
    Replies: 4981
    halcyon

    Sorry Hero, I was just going by memory when I quoted 5000. Still, it was a reasonable sized sample. And this incident  just demonstrates again the need for accuracy. Too easy to create errors with generalisation.

    And your interpretation of the statistics are reasonably accurate. It should be remembered that  9%  were regular or chronic users while cannabis was illegal. This raises the question, “will decriminalising cannabis lead to a greater percentage of the population becoming regular or chronic users?” If so, then there is a need to ensure that cannabis is adequately taxed so as to cover the additional costs for society.

    Cheers 🙂

    “If liberty means anything at all, it means the right to tell people what they do not want to hear.” (George Orwell, The Animal Farm)

    #1738899
    paulinem
    Member
    Member since: July 8, 2006
    Topics: 9
    Replies: 1105
    paulinem

    Feeling burned: The first year of legal cannabis has been a complete disaster for investors

    Financial Post 9 October 2019
    “Prior to legalization, cannabis stocks soared on the promise of massive growth and the tremendous momentum that retail investors brought as they poured into the sector. Now that excitement has been drained, and it is unlikely to return…
    “Legalization played out like a classic “buy the rumour, sell the news” situation. In retrospect, there were warning signs that legalization could be a disappointment.”

    The legalization of cannabis in Canada was supposed to be a catalyst — the most powerful one yet, investors and analysts alike thought — that would launch companies in the young but potent industry to new heights. Instead, nearly one year later, it has been a nightmare.

    Since recreational cannabis became legal on Oct. 17, 2018, the shares of what were then the 10 largest Canadian cannabis producers by market capitalization have been bludgeoned, yielding an average negative return of more than 57 per cent for investors.

    Tilray Inc. alone has lost more than $14 billion in market cap, and Aurora Cannabis Inc. has shed $6.8 billion. Six of the Top 10 have lost at least half their value, with scandal-plagued CannTrust Holdings Inc. suffering such resounding losses that it no longer appears in the list. Of the 10, only Cronos Group Inc.’s market cap has grown over the past 12 months, though its share price has declined, like those of all the others on the list.

    Prior to legalization, cannabis stocks soared on the promise of massive growth and the tremendous momentum that retail investors brought as they poured into the sector. Now that excitement has been drained, said Richardson GMP portfolio manager Chris Kerlow, and it is unlikely to return.

    “A psychological shift has take place from everyone wanting to own (cannabis) to everyone involved now feeling burned,” he said. “I think many investors are now over (cannabis).”
    READ MORE: https://business.financialpost.com/cannabis/cannabis-business/cannabis-investing/feeling-burned-the-first-year-of-legal-cannabis-has-been-a-complete-disaster-for-investors

    #1738903
    arandar
    Member
    Member since: November 23, 2009
    Topics: 31
    Replies: 10840
    arandar

    Tried. Can’t find a skerrick of sympathy in me.

    If trying to turn it into a corporate investor feeding frenzy failed, oh dear. How sad. Too bad.

    It doesn’t mean it shouldn’t be legalised.

    Better a nice little farmers market type operation I reckon, organic, direct from licensed grower to user, or a bit of DIY for the home gardener or the hobby farmer, with larger farms supplying up market cafes for those who don’t want to smoke or eat it at home.

    Arandar

    #1738905
    halcyon
    Member
    Member since: May 4, 2014
    Topics: 8
    Replies: 4981
    halcyon

    The problem with the “Farmer’s Market” model is that this makes it harder for the Government to control and tax. If cannabis is going to be legalised, then it needs to be treated like tobacco and alcohol. Uses need to contribute to the harm that cannabis causes.

    “If liberty means anything at all, it means the right to tell people what they do not want to hear.” (George Orwell, The Animal Farm)

    #1738907
    mucker
    Member
    Member since: May 25, 2016
    Topics: 1
    Replies: 64
    mucker

    British, like myself, whose passport has elapsed, will now have to apply to HM British online or by post to renew or replace passports. $218.00 application plus @92.00 courier and will take 4 -6 weeks. Britain has closed all foreign country departments that use to handle passports etc and are now handling everything from the UK. Anyone affected.

    • This reply was modified 1 month, 2 weeks ago by  mucker.
    #1738925
    Hero42
    Member
    Member since: July 18, 2008
    Topics: 51
    Replies: 12219
    Hero42

    Paulinem
    An interesting article.

    That shows that when cannabis is legalised there isn’t a huge uptake of the drug by previously non users.

    Which bears out what happened in Portugal when they took the same step many years ago and drug use actually fell once the rebellious act of doing something illegal was taken away from young people.

    So we don’t need to fear a huge increase in users here in NZ if we legalise it either.

    So that answers your worry too Halycon.

    Cheers 🙂

    #1738934
    halcyon
    Member
    Member since: May 4, 2014
    Topics: 8
    Replies: 4981
    halcyon

    I do not have any worries about a great increase in those using cannabis Hero as long as the Government regulates the use and gathers a reasonable level of tax so as to cover the costs to society that cannabis will cause.

    We are already seeing the negative impact of cannabis on our families, especially children living in poverty conditions due to a parent’s habit. There is a cost in mitigating  that harm. And that cost should be user pays.

    Cannabis abuse parallels alcohol abuse. In both cases the problem is addiction. That is why I  strongly believe that cannabis should be treated like alcohol and similar regulations applied.

    Cheers 🙂

    “If liberty means anything at all, it means the right to tell people what they do not want to hear.” (George Orwell, The Animal Farm)

    #1738943
    arandar
    Member
    Member since: November 23, 2009
    Topics: 31
    Replies: 10840
    arandar

    Halcyon, agreed, cannabis should be treated exactly like tobacco and alcohol. And that’s what the proposed legislation looks to do, as I read it.

    Farmers’ markets are strictly regulated; producers of the products sold at them have to comply with all food and health safety rules, sell their own product to their own customers face to face, and I’d have thought that’s exactly what’s proposed here; cutting out the middle men, cutting out the cowboys, cutting out the criminals who hide in the shadows and cream off the profits.

    Arandar

    #1739330
    kaiapoiken
    Member
    Member since: November 27, 2015
    Topics: 1
    Replies: 298
    kaiapoiken

    Well, one week ago users of this site found something that they could have “our say on what’s happening today”. Amazing!!!. With what’s been going on in the world today you would have thought that something would have inspired some discource. Before I receive any rockets nothing has come up that is of any great interest to me. Having a SIL involved in the White Island body recovery has taken most of my time and thoughts, but even that disaster has not inspired any interest amongst the posters on here. Makes me think that I am wasting my time even being on this site.

    • This reply was modified 1 month, 1 week ago by  kaiapoiken.
Viewing 10 posts - 30,251 through 30,260 (of 30,505 total)

You must be logged in to reply to this topic.

Advertisement
 
Join Free.  Register for newsletter updates & complete your membership for full site access.  Welcome & Enjoy!

Register Free today and go in the draw to win a $50 gift card!

Close X  
GrownUps

Register

Join 165,000 GrownUps for Free. Register now to receive our regular email newsletters to keep you up to date & complete your membership to access all areas of the site. We can’t wait to meet you. Enjoy!

Please tick the box to continue:

GrownUps

Excellent, you're all signed up for the GrownUps newsletter!

An email has been sent to the email address you provided for when you're ready to finish setting up your user profile.

We hope to see you soon!

 
Join Free.  Register for newsletter updates & complete your membership for full site access.  Welcome & Enjoy!

Register Free today and go in the draw to win a $50 gift card!

Close X  
GrownUps

Register

Join 165,000 GrownUps for Free. Register now to receive our regular email newsletters to keep you up to date & complete your membership to access all areas of the site. We can’t wait to meet you. Enjoy!

Please tick the box to continue:

GrownUps

Excellent, you're all signed up for the GrownUps newsletter!

An email has been sent to the email address you provided for when you're ready to finish setting up your user profile.

We hope to see you soon!