Please no marijuana Doris Dukes.  Can we not repeat the history of tobacco with the monopoly American Tobacco Company that was later busted into the oligopoly comprised of American Tobacco Company, R. J. Reynolds, Liggett & Myers, and Lorillard?  While few farmers earned a living wage.

The piecemeal approach to legalizing marijuana is going to lead to what few marijuana growers and advocates envision.  And one man is already moving in to make his killing  

Back in December, Jamen Shively announced his plans to build the first national marijuana company and at a news conference in Seattle on Thursday he said he’s made big progress.

Shively has visions of being to pot what Coke is to soft drinks.  Or Bud is to beer.  There are a few more dreamers out there:

Shively isn’t the first one to smell a huge business opportunity.  Silicon Valley venture capitalists, Privateer Holdings, have already launched a fund dedicated to pot startups.

This is so easily avoided.  Limit the annual yield of pot farmers.  Require farmer co-ops for processing and distribution with no more than 10% non-farmer ownership.  All profits distributed equitably among all workers.  If legal, there’s no real reason for dedicated marijuana dispensaries for retail sales.  Although no reason not to permit high-end boutique shops, but limit those to a single location per owner.  Regular stuff can be handled and sold just as liquor is regulated.        

Just decent earnings for decent people performing honest work to supply a product in demand.

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