General > General Technical Chat
Working From Home - Impacts of Coronavirus
themadhippy:
--- Quote ---I don't really understand why alcohol is so much more widely accepted, it's extremely harmful stuff but people are gonna drink it anyway.
--- End quote ---
money,not just from lost alcohol revenue,but also the oil and paper industry's were afraid they'd lose out to hemp.
james_s:
--- Quote from: themadhippy on July 04, 2020, 05:18:36 pm ---money,not just from lost alcohol revenue,but also the oil and paper industry's were afraid they'd lose out to hemp.
--- End quote ---
That doesn't really make any sense. They legalized the stuff here in my state a few years ago and it has become a multibillion dollar industry and a huge tax windfall for the state. If hemp became popular as a base for paper I see no reason the existing paper industry couldn't jump on board with it.
themadhippy:
--- Quote ---That doesn't really make any sense. They legalized the stuff here in my state a few years ago and it has become a multibillion dollar industry and a huge tax windfall for the state.
--- End quote ---
If you've invested a large lump of money in forestry and lumber mills,or in the latest breakthroughs in oil based products like nylon would you be happy about this weed called hemp,that can grow almost anywhere that threatens to make your product less valuable,or would you have a quiet word with your mate,who may have shares in your company, to see if they might be able to do something about the threat to there investments.
maginnovision:
395.5 million out of 22.28 Billion is not what I'd call a windfall.
https://tre.wa.gov/portfolio-item/washington-state-marijuana-revenues-and-health/
https://ballotpedia.org/Tax_policy_in_Washington
james_s:
--- Quote from: themadhippy on July 04, 2020, 07:00:44 pm ---If you've invested a large lump of money in forestry and lumber mills,or in the latest breakthroughs in oil based products like nylon would you be happy about this weed called hemp,that can grow almost anywhere that threatens to make your product less valuable,or would you have a quiet word with your mate,who may have shares in your company, to see if they might be able to do something about the threat to there investments.
--- End quote ---
I wouldn't be worried at all. There is a huge market for wood, IMO it's a waste to use it for producing paper if there is any alternative. Lumber has gotten very expensive, virtually all houses in this region are made of wood. Oil is another resource that has virtually unlimited demand, plastics, paints, foams, lubricants, it's used either directly or indirectly in the manufacture of practically everything. No amount of alternative products are going to make a significant long term dent in the value of resources like wood or oil.
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