Drudge Retort: The Other Side of the News
Tuesday, June 03, 2014

Newly discovered documents from tobacco company archives at UC-San Francisco show that major companies in the cigarette industry investigated joining the marijuana business in the late 1960s and early 1970s. One Philip Morris memo laid out to executives the rationale for researching the sale of marijuana: "We are in the business of relaxing people who are tense and providing a pickup for people who are bored or depressed," the memo stated. "The only real threat to our business is that society will find other means of satisfying those needs."

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Big Tobacco Wanted to Be Big Marijuana

Don't rule them out yet. They may still succeed before it's over.

#1 | Posted by Whatsleft at 2014-06-03 03:03 PM | Reply | Flag:

Is this supposed to be a surprise?

#2 | Posted by Tor at 2014-06-03 03:12 PM | Reply | Flag: | Newsworthy 1

In 2009, when California first voted to legalize marijuana, Phillip Morris bought up acres of land in Northern California.

Too bad for them. Conservative California shot the law down.

#3 | Posted by ClownShack at 2014-06-03 03:18 PM | Reply | Flag:

#3

No...we in the Emerald Triangle knew what they were up to and did not get behind the law. We voted it down to protect our profits.

Legalize it the right way and we will all vote for it.

#4 | Posted by donnerboy at 2014-06-03 03:47 PM | Reply | Flag:

Oh I saw. Northern California voted the law down in much higher numbers than here in the south. And I understand why. Many northern Californians make money from growing and selling marijuana that they would have lost had the bill passed.

#5 | Posted by ClownShack at 2014-06-03 03:53 PM | Reply | Flag:

#5 | POSTED BY CLOWNSHACK

That's how we perceived it in San Diego.

#6 | Posted by rstybeach11 at 2014-06-03 03:54 PM | Reply | Flag:

DONNERBOY you're east of the Emerald Triangle. ;)

#7 | Posted by Tor at 2014-06-03 03:58 PM | Reply | Flag:

We voted it down to protect our profits.
#4 | POSTED BY DONNERBOY

You mean your ill gotten gains, you paying taxes on that income? How is this any different than say someone using a Swis bank account?

Greedy aren't you? :)

Think of the children, just in your county that could use the tax dollar?

Go Phillip Morris!!!! Bring it!

#8 | Posted by AndreaMackris at 2014-06-03 04:07 PM | Reply | Flag: | Funny: 1

"Phillip Morris bought up acres of land in Northern California. "

That's a myth promoted by selfish growers who voted to keep locking up people rather than jeopardize their black market profits.

#9 | Posted by nullifidian at 2014-06-03 04:07 PM | Reply | Flag: | Newsworthy 3

Conservative California shot the law down.
#3 | POSTED BY CLOWNSHACK

It appears GREEDY Californians not paying taxes shot the law down....

As a conservative I am all for it...... bring it...

#10 | Posted by AndreaMackris at 2014-06-03 04:08 PM | Reply | Flag:

Nulli! :)

#11 | Posted by AndreaMackris at 2014-06-03 04:09 PM | Reply | Flag:

You mean your ill gotten gains, you paying taxes on that income? How is this any different than say someone using a Swis bank account?

Greedy aren't you? :)

Not at all.

I would gladly pay taxes. If the Feds would let me.

I am very proud of my crops.

#12 | Posted by donnerboy at 2014-06-03 04:14 PM | Reply | Flag:

DONNERBOY you're east of the Emerald Triangle. ;)

#7 | Posted by Tor

East of Eden maybe...dead center of the Emerald Triangle.

en.wikipedia.org

#13 | Posted by donnerboy at 2014-06-03 04:17 PM | Reply | Flag:

I would gladly pay taxes. If the Feds would let me.
I am very proud of my crops.
#12 | POSTED BY DONNERBOY

donate it?

Also are your crops on your land? Or are you freeloading?

I know lots of growers are freeloaders......
www.redwoodtimes.com

#14 | Posted by AndreaMackris at 2014-06-03 04:34 PM | Reply | Flag:

I would gladly pay taxes. If the Feds would let me.
#12 | Posted by donnerboy at 2014-06-03 04:14 PM

Sorry to be the bearer of bad news, Donner, but the illegality of the income does not relieve the taxpayer of his obligation to pay taxes. In fact, many people, including Al Capone, were put away for failing to pay taxes despite the inability to convict them for the criminal activity which created the income.

#15 | Posted by censored at 2014-06-03 06:56 PM | Reply | Flag:

L.S.M.F.W.

#16 | Posted by path at 2014-06-03 07:12 PM | Reply | Flag:

Sorry to be the bearer of bad news, Donner, but the illegality of the income does not relieve the taxpayer of his obligation to pay taxes. In fact, many people, including Al Capone, were put away for failing to pay taxes despite the inability to convict them for the criminal activity which created the income.

#15 | Posted by censored

Also are your crops on your land? Or are you freeloading?

That's nice. I have done my best to declare my income and pay my taxes.

That is all you need to know.

Well, besides the fact that if we were to legalize it then we as a society would all benefit from it.

#17 | Posted by donnerboy at 2014-06-03 07:15 PM | Reply | Flag:

Well, besides the fact that if we were to legalize it then we as a society would all benefit from it.

Well not ALL, that is a pretty powerful word, lets just say MOST....

Plus don't forget all those tax dollars!

#18 | Posted by AndreaMackris at 2014-06-03 09:50 PM | Reply | Flag:

Well not ALL, that is a pretty powerful word, lets just say MOST....

Plus don't forget all those tax dollars!

#18 | Posted by AndreaMackris

yer right...MOST is mo better...and most is way better than we are doing with it now.

And you betcha on the taxes...what in the heck are we waiting for? Aren't we tired of this forced austerity yet? All that money just sitting there on the table and no one else wants to pick it up?

"Through three months of retail recreational pot, Colorado has earned $7.3 million in taxes from the drug. That figure does not include medical marijuana sales taxes or licensing fees, which bring Colorado's haul to about $12.6 million."

www.denverpost.com

#19 | Posted by donnerboy at 2014-06-04 12:46 AM | Reply | Flag: | Newsworthy 1

That's a bit of irony that always gives me a laugh. For years the propaganda about pot heads is that they're lazy and useless.... for lazy and useless people, they sure have a lot of great entrepreneurs actively building an extensive, profitable industry.

I crunched the numbers on opening a [i]wellness clinic[/i] when it eventually legalizes here. It was all well & good until I got to the part where you need a million in cash, per month, for the capital call to buy inventory. That's doable, but what really made me laugh is the fact that all of the wholesale transactions are done while accompanied by open-carrying, AR-15 equipped, ex-special forces (probably PTSD-afflicted). Even movie drug deals aren't so heavily armed.

#20 | Posted by sitzkrieg at 2014-06-04 08:13 AM | Reply | Flag:

What they want is another alcohol racket. That is not legalization. It is a power scheme of control profits.

#21 | Posted by Shawn at 2014-06-05 12:52 AM | Reply | Flag:

"No stems no seeds that you dont need, Acapulco Gold is bad ass weed."

if you know what I am quoting you are old.

#22 | Posted by PunchyPossum at 2014-06-05 06:57 AM | Reply | Flag:

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