Episode 88 – Mids, Belushi talks lowering taxes, gifting is legal in Illinois, & more

In this episode, we discuss the concept of mids. We also explore a recent anecdote from Jim Belushi and Governor Pritzker’s 4/20 excursion to Michigan. We also discuss the framework of the Illinois cannabis industry, and the legality of cannabis gifting within the state of Illinois.

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The auto-generated transcript is available below.

Phil thank you for sitting back down with me um what are you what are you sparking up to start the show today oh I’ve got a variety of things hell yeah I figured you did you just got back from uh doing got a pre-roll in the mix research back from a small vacation in Michigan hell yeah went to the Mitten so uh folks if you want to watch the video version of this podcast there’s a link in the show notes um we might I I I actually do have a video I might play towards the end of our conversation um and if you look at that link you might also find any other links that we referenced during the episode um so that you can do your own research we we might reference a few um and yeah if you’d like to support the show go to the cmo.com support it’s an easy way to support our show you can make a contribution of your choice another shout out to friend Tom G he’s a recent contributor a recent supporter of the Cole memo this show is brought to you by listeners like you today is April 23rd 2024 three days after 420 yesterday was 4:22 um so you could have celebrated yesterday as well but yeah Phil so as I was as you were saying you just got back from the Mitten and um I was in inspired to get us together because I know you recently had like I think it was a conversation online with with a stranger and we were just talking about it and there’s this concept that people throw around called mids um yeah tell me your take on this subject before we dive in well how’ you hear how how we started on this yeah well someone was saying you should go to Michigan for deals on like cheaper flour and products and this other person was like well if you want quality flour you have to pay essentially Illinois prices because anything that’s below like $40 an ath or whatever is just going to be mids mids in quotes yeah and then I was just disputing the idea of mids as a bad thing or that like there isn’t quality in mids but was like bringing up wine and like whiskey and like you know I just I just think this idea that there is like the top shelf cannabis and then everything everyone where below that is just mids that are not worth smoking or even like engaging with yeah well said it’s an interesting idea and like another way you I’ve talked to I think maybe you in the past about it but it’s like if you go into and I mean you’ve got a drink right now if you go to any liquor store frier tucks Benny’s there are so many drinks there that you’ve never heard of and you don’t even look at you know and my point is like that selection is like what makes it great what were you gonna say well and I think like you know bottom shelf middle shelf top shelf that comes from like the liquor industry right right yeah so like my concept of mids like if you compare it to like alcohol or liquor like let’s take like a big retailer like Benny’s that’s in Illinois there’s like the bottom shelf and then there’s the mids which is everything else that’s on the floor yeah and if you want top shelf that’s what’s like locked in a cabinet that you have to go get help with because that whiskey is like hundreds of dollars a bottle so that’s like like that’s my other problem with the idea of mids is like people will shoot some example and say well I only get top shelf if I smoke these five or six brands or get my weed from this place but I don’t know that that’s what Top Shelf like I don’t know that there is a topshelf weed available right like it’s not not on the regulated market in any state at least yeah and I feel like it’s a little unfair for people to point towards and I know that you agree with this point but I just wanted to State it clearly like people Point towards Illinois prices being being higher like I know one person specifically I’m just like it’s like a scientific experiment I’ve just been watching it play out I’m truly intrigued they will say like I won’t purchase cannabis in Michigan because I have to purchase more they say I have to purchase more just to get the intended effect whereas in Illinois yes I’m paying for more but I am getting a better quality product and I know it and they’ve they’ve like kind of made this correlation with well it costs more because it is better and it’s like I I think it costs more because these companies are engaging in price fixing well I also think too there’s like a there’s something I think like people experience with buying it like um like if you’re buying weed out of a bunch of jars and they’re putting it into like these myar bags that are very plain I feel like there’s like less um there’s like less value implied in like that whole interaction you know like when I see Illinois and I see stuff PE purchased in Illinois like a lot of it is like very small quantity packages of things with like a ton of branding or design on it so it’s like it’s almost like buying this this eighth is like such a more precious thing yeah yeah you know like you might even have to take it out of a box before you have to open that jar right right straight up it does feel very retail so some I mean like you’re going to an Apple store but isn’t that what it is though like something that’s top shelf it’s just it’s all about the experience true you know like when I was over in Michigan I got some like cheap I think there were some mces I wed up with that were like 70 bucks uh and then on the way home I stopped at a place that would be like higher end this place lifted that’s like a micro growery it’s in Buchan that’s not too far from Illinois um I think their eights go for like 40 bucks normally they were like on sale for 25 and it’s like sure it’s a little more premium product but I don’t know that it’s like that big of a premium product that the price like that it’s worth paying almost $300 an ounce for that product versus like $90 an ounce for you know I mean I’ve had great 80 and $90 ounces yeah like indisputably great weed yeah but it’s it’s still it still sometimes just winds up being a gamble when you’re buying at that price point like you would hope to always be able to check it out but sometimes you’re going on a reputation or a review you’ve read or you know yeah see it you know what interesting and this might be anecdotal to my experience uh but when I grew up and became familiar so I actually was not familiar with the concept of like a tiered approach to cannabis like you just asked somebody where I lived if they had weed and the answer was yes or no um I had a friend that moved to like a bigger school I’m from a very small town and he moved to like a bigger school and that was the first time I had heard he was like yeah dude when you buy weed you can either get Reggie mids or loud or what they also called gas and so it’s funny it’s funny those were your terms right what were yours ours were swag merch which stood for commercial and then there was kind which was like the top shelf wow interesting interesting yeah I’ve heard other like dichotomies like swag and then like Dro it’s like a binary approach but yeah Dr was one that was in the mix for a while yeah hell yeah um but you know as I got to know some of these dealers one of the things they told me was like Reggie yeah was definitely like lower tier cannabis always you buy it at like a a lower price but the mids and the loud were actually just like basically the same thing but the mids had less bag appeal in other words it just didn’t look as good but so it’s like but they give you this like illusion of choice like well you know if I want to splurge I’ll get some loud you know have a good weekend you know it’s this idea and it really worked I mean it worked and most of the time my friend would just go and get mids and it wasn’t a thing to be ashamed of it was like well you know I could buy some more well even I mean like the last like long-term dealer I had who I bought wheat from for like a decade that was for the most part that was the case for many many years he had like a mids option which didn’t have seeds in it for the most part and was like I mean it got us all St like back in that day it wasn’t like you were picking strains or anything so like you had that and then you had like the good stuff and it was always like well I’ll smoke the good stuff when I’m going to pick up from you but I’m just going to buy this cheaper stuff yeah yeah but oh I was goingon to say also yeah like because top shelf would also imply that it’s like I don’t know like that it’s going to be tastier or like the like I don’t know how to say this but like when like with wine or like alcohol it’s not like it the top shelf or the price point is based on the taste or the experience of it it’s based on like the Rarity or the supply that exists of it and the demand that exists for that Supply you know so like champagne is more expensive because it only comes from champagne and there’s all these like laws about how it’s made and you know like what goes into it and the process you use like they’re not being anything in the Cannabis world that’s like comparable to that like there is no certification that’s like right this is this rare weed from this part of the country grown with these genetics so that that’s what I feel like is like that will be the weed that’s worth 60 plus $60 or more in a you know and everything else you buy is going to be mids which is what we’re all buying now that’s an interesting thought um yeah another example is like bourbon I don’t know if people know this and I’m pretty I’m not super informed on an alcohol so I’m going to like Google this really quick but I’m pretty sure in order for something to be called a bourbon as opposed to a whiskey it has to be aged in a barrel like a certain type of Barrel in Kentucky like um not quite sure about that yeah I’m not either um I know stuff like that exists but I’m not yeah I don’t know the exact standards that exist around that just Googling difference between so okay whiskey is a general term for an alcoholic liquor made from fermented mashed grains bourbon is the term for a whiskey made from a grain mixture that is at least 51% corn so a little bit different this is what I was thinking of though bourbon was traditionally made in Bourbon County Kentucky and most bourbon is still produced in the state of Kentucky so it’s not like a I had it a little bit wrong it’s not like it legally is required to come from Kentucky but I think this is the like look up Scott look up Scotch though because that actually might be related to that like just look up like the definition of SC yeah yeah yeah oh here I see what you’re saying yeah whiskey vers whiskey bourbon vers whiskey versus Scotch Scotch whiskey commonly known as Scotch is another specific kind of whiskey while bourbon uses corn as the primary grain Scotch whiskey is typically made mostly of malted barley like bourbon Scotch whiskey also has specific distillation methods and it’s not like a uh like a certification thing no but actually this last part I think kind of gets to your point like bourbon Scotch whiskey also has specific distillation methods and requirements yeah I mean at least that yeah that standard is there but yeah like that that would be like a topshelf cannabis experience yeah would be when you have like you know and not even just domestically like from California or some somewhere in California like when you’re able to buy like half ash from crazy parts of the world where they invented that like Morocco or like um did you know I heard or India and Pakistan that area right I heard that Maui woi wasn’t a strain it was kind of what you’re talking about it was it was Cannabis that you bought from Hawaii and it just had a distinct interesting yeah I had so if folks want to learn more about that I’ll find the episode I had a dude on from Hawaii awesome dude and uh talked about like cuz I’ve seen Sam and other people saying you know that this legalization effort failed in Hawaii and I’m like what’s your take on it he’s like I’m kind of all right that it failed because I don’t know if you know this about Hawaii but they’ve got medical they’ve got only eight stores but primarily the way that people get cannabis is they are a caregiver grow your own Market they aren’t really pushing people towards the regulated sources yet and from what I understand this would have just made another concentrated market for adult use and I don’t believe it would have um allowed home grow for everybody but might be getting those details wrong so episode 78 for folks that want to check it out I just love the fact that they are not on cannabis 2.0 yet they’re still doing grow your own home grow like that’s how they Supply their patients and I I mean you know every state should really have that kind of set set up to some regard because it’s how you can like at least somewhat regulate the illegal activity that’s going to go on right you know it’s like the ultimate small business license too just to be able to grow some plants in your house and like sell that to a half dozen people yeah yeah I I just it’s an interesting idea I think we’re so fixated on taxing every cannabis transaction you know that that’s why they say that that model well they say that cannabis 2.0 is the only model because it you know does have these tight regulations and it does treat cannabis as like a highly controlled substance you know what I mean mhm I kind of had this uh realization the other day you know this whole debate not to take us off on too much of a tangent but this whole debate about hemp and everything else as we’ve said on the show in the past it’s like one of the only it seems challenges to license limitations I realized it’s the only challenge yet the Cannabis generation 2.0 and then I realized basically like the hemp farmers are arguing it seems for like a truly open market but the Cannabis operators are arguing for the coal memo cannabis generation 2.0 you know they just they want it to be within those structures highly regulated well and they’re also arguing that like cannabis is dangerous and it’s dangerous for children and like all the [ __ ] that they said during the War on Drugs yeah yeah that one yeah again not to go on too much of a tangent but the the dime episode that you showed me I’ll to link it in the podcast description was brilliant and I thought a really interesting point that that this one person brought up when when you know the concern of I don’t know if it was directly o the children but it was basically on that subject and he said let me ask you this something the effective let me ask you this what do we do with kids nowadays when they like start drinking and I believe Brian said you know age limits and he’s like yeah age limits but still when they hit that age what do we do we allow them to drink like and they learn the lesson like it’s personal freedom you know what I mean like and sometimes you have a bad time and hopefully you learn from that you know well and you could argue that like cannabis should almost be legal for like I know I know I know brain development whatever but like it’s a drug with like um like if you’re bowling you have bumpers you can put on for kids I feel like it’s like a drug with bumpers yeah so it’s like you can teach kids what overc consumption is and not even have them have a hangover the next day right or not have them die you know like yeah kids are gonna like do that kind of stuff anyway I feel like they definitely shouldn’t be penalized for it yeah like I said that episode is Chris Fon Fontes cannabis is already legal him vers cannabis by the dime if people want to check it out really interesting episode um back to the topic though of mids yeah I’m just curious uh so I would say Cole this is a good case in point I stopped at this little I saw this little dispensary had been built um so I drove like 40 minutes out of the way to go visit it and the husband and wife were there who like own it cuz it was 420 was like this older couple and I guess they were like caregivers previously you know they started this little shop and this like little town in Michigan not too far from cumoo but I’m I’m assuming it was their first grow so a lot of their larger nugs were like already gone so it was a lot of like little nugs and stuff but it smelled good you know the bag appeal wasn’t really there but you know I grabbed like a couple ounces and everything I’ve smoked from it’s pretty great hell yeah but I think like on that day I think the most expensive oun was like 90 bucks MH yeah and I mean one thing that I don’t know if people realize I think people actually are slowly it’s interesting some people are coming to the realization and all it takes is some exposure to the cannabis plant I’m just you probably know this already Phil but just for people that are listening like Smalls like it’s interesting um if you like Harvest a cannabis plant you realize you know the nugs basically just break down into those smaller nugs that’s you know that’s how they do it and I’ve seen people come to that realization through whatever that GTI Pro product is right now that they sell the whole stem because people are like like when you actually get exposed to the anatomy of the plant you’re like oh this is where my nugs come from like oh this is how they break it down well that’s what’s funny is I feel like that’s what’s almost being sold as like a high-end cannabis experience now is to just get like a cola that’s been snipped off yeah but it’s it’s like okay I can see the one branch of the plant I don’t know that this is you know it’s making like a little more work for me maybe right it’s an interesting like I think it’s just the but I do think like you can get straight up disappointed like if you buy like a pre packaged ounce of any kind and you see like like popcorn kernel size popcorn we’ll call it kernels sure like that can be a little offputting until you grind it and smoke it I mean sometimes it can be great but right yeah like I was actually I was going to have you pull up um I can’t I meant to look up what he why I know his name before we got on here but Ed Rosenthal yeah I think he’s like a breeder right yeah he’s like a grower of some sort yeah breeder look up his look up his Instagram okay Rosenthal Instagram I just got to give a see I see images from his Instagram sometimes and I’m like see that would be a high-end cannabis experience yeah hell yeah like I don’t I don’t see that in the regulated market and the states we’re in no there was something else whoops hold on a second like just keep going down I was actually thinking of like a specific this all looks [ __ ] crazy I mean either way it all looks like great weed yeah absolutely there was one of like a tray of just these crazy colorful buds I mean just click on that one there this one up up there that one there yeah there you go there you go like that if that came out of a bag that is crazy like that might be worth $60 a eight yeah that yeah you know I can it would still have to have it would still you know have to have some kind of story with it and some kind of branding of course to be like that type of premium product that’s like similar in coffee or alcohol or other things hell yeah but like you know yeah so I just feel like we’re like dispensaries this regulated market we’re in this world of like everyone’s disputing the differences between like maybe like Sam Adams and K light and it starts to feel very it’s like sure Sam Adams is a craft beer right but it’s not like some top shelf crazy like hard to get quality be like something that’s like rare and it starts to feel I know I’ve said this to you before on the podcast I’m quite confident it starts to feel kind of like a Ford versus Chevy argument I don’t know if I always say that I don’t know if you know what I mean by that but people get like take that seriously like I know a lot of people that like yeah like you have a super big like affinity for one versus the other right right and you like make comments about people like I this is like more than one person I know and maybe it’s anecdotal maybe it’s just people in my area or [ __ ] but like yeah well and then there’s the idea like I had bad experiences with Ford cars you know but that’s just my experience yeah like but that’s why sometimes like you might vouch by some great grower or some great place to get your weed some person might be like I had the worst experience and that [ __ ] was mids just because like whatever they happened to get might have been bad yeah yeah absolutely and I think it’s important to bring up another point that I’ve I’ve discussed on this it’s like the idea that sometimes you go to the store and the produce isn’t always good like cannabis is produce and I think everybody has to recognize that you know there are going to be people that have their [ __ ] dialed in but there might be days that yeah like you say you could even get it from the best grower and you just get a bad batch you know of strawberries of grapes I can’t tell you how hard it is to buy like a really good bag of grapes really got to like feel it out strawberries I’ll I’ll straight up open up multiple things of strawberries and mix myself bir container them I was actually reading about strawberries like I think it was this week and they were showing they had like cut um homegrown strawberries compared to like Store br strawberries and they were showing how the Store br had like a lot of white in the core and the the Homegrown ones like had like red all the way through we’ll try to find it if I can um oh yeah or if you ever go to like a farmers market and buy some kind of like organic strawberries like they’re like a completely different fruit yeah and one of the things that somebody said I actually think found found the picture um is that they purchase their strawberries based on smell like if they walk by the strawberries and they can like really smell them they’re like oh that’s a that’s a good batch of strawberries so you can see on the bottom here is what I’m talking about like all the white and then the top is supposed to be like Farm Fresh here’s another example Farm Fresh well probably because those like hold up a lot better in like when they’re like produced industrially yeah oh yeah absolutely and I guess what I’m just trying to say is I’m not even trying to make a comment about the quality so much I’m just trying to say I just wanted to mention that because I there’s an interesting like similarity there people are purchasing their produce by the smell uh I thought that was just you know that’s how I purchased cannabis as well another type of produce the point uh that I was really trying to make is that you know we’ve all gone to you know a store definitely like it’s always a store I doubt it’s at farmers markets and you’ve seen like moldy fruit or whatever you know what I mean and if these companies are trying to be as big as they pitch themselves as you know the Coca-Cola of cannabis sometimes people say sometimes that comes with commercialization you you know what I mean like variance recalls stuff like that you know variance in quality if you’re producing at that large of a scale and you’re no longer at this like artisanal Farmers Market scale you know well it well but that’s like because they all want to be cpg companies right right and like flower like I feel like now I see more people doing deli style over in Michigan than before like it might just be that there’s more shops so more of a variety and where I’m stopping they just have it but I feel like of the seven places I was probably this weekend like over half of them had deli style yeah and uh if you could for listeners that don’t know what’s Deli Style versus cpg because I guess break that down just that they keep it all in big jars right so you can like stick your face in the jar hell yeah hell yeah um so yeah like like you say it’s an interesting conversation playing out and like who know like I don’t know I’m not disputing if people have found like I think you even said this earlier in this today in our conversation like not disputing if you found a brand that works for you or whatever like it just really does seem that like I don’t know it’s uh that whole conversation is very charged and uh I don’t understand exactly why like it would seem that you could have like an an honest conversation about it like it could be something as easy as like fireworks you know like fireworks are legal in Indiana but what if there was like a coordinated effort to limit the number of fireworks stores to make them like I don’t know like obviously that’s it’s it’s honestly a great analogy actually now that I think about it because the same things could be said about fireworks that could be said about cannabis and I know some people will take this out of context and maybe get upset about it but it’s like some people just choose to do cannabis some people just choose to buy fireworks you know it’s like it’s a freedom it’s a novelty it’s like whatever you know um so that’s why for a lot of people the issue just doesn’t resonate with them but like I don’t know like I say um the biggest issue or the biggest thing with me in this conversation is it’s interesting to me to see people like yeah pair that if it costs more it is better and it’s like all right like if you if if you do believe that and feel that way and have had that experience consistently like all the power to you I I’ve just taken too many like risks in Illinois like like oh you know I’ve a good example I’ll just like throw somebody under the bus just for but and and it’s but and it’s before you throw someone under the bus and it’s always a gamble though right like even if you can smell and look at the weed you might get it home and smoke it and it’s nothing great or you don’t like it so that’s why like this whole like top shelf premium cannabis idea I just it just doesn’t resonate with me yeah like I’ll try it like I’ll go pay for a premium amount of weed and I’ll grab a couple eths from them because it’s something like sure it might be a little more like focused and a little bit better of an experience but it’s not worth that to me because I don’t think it’s like really the top of what could be done I guess yeah yeah and I don’t think I don’t think we know what that is you know at least I don’t know what that is right I don’t I’ll be I’ll be one to admit as well I do not know what that is um but I want to see more I want people to be able to you know Express themselves I like how Carol Ammon said express yourself through the plant you know people should also just like be happy to smoke weed that gets them high yeah to a point that they’re happy absolutely am don’t worry don’t worry so much about it right right if you feel good that’s that’s what matters like if you smell it and it smells like something you want to smoke and you smoke it and that experience is satisfying to you just be happy right hell yeah and if that experience wasn’t satisfying to you that doesn’t mean it won’t be satisfying to someone else either yeah I just think yeah like we talked about before like a lot of this like this weed is better than that weed and all of that weed is terrible the only good weed is this weed I think it just dates back to like prohibition and black market and people having like better connections than other people yeah you know so I think there’s like some of that that just lingers over into this like emerging market right because if you think about it like I know some people that do like you said earlier Pride themselves on being able to buy the best wine or alcohol but they are not nearly it just doesn’t seem charged like this feels where like you know do you get what I’m saying and it’s like it’s I feel like because it’s like alcohol is just so commonplace yeah I don’t I don’t know why people get so hung up about it on weed yeah but like you say it’s almost like this I think you something you said really oh I think two though it’s because we don’t have like a standard definition for what good weed is yeah and like not enough people have a wide enough variety of experience to be like independently I like this or that and feel confident enough to say that no that’s good I like that right I think the best example is like I think I’ve seen you say like that you’ve bought hemp and people were like oh I’ve heard that that sucks and you’re like no I mean it’s it’s just like the other weed I’ve bought from the dispensary and it’s crazy because yeah the other weed at the dispensary is oftentimes hemp well and case in point this the only two times I’ve had super Booth are this box of pre-rolls that I got for free from a dispensary for 420 uh from Michigan uh and some hemp that I got from wnc C wnc CBD like a producer I think out of North Carolina both of these products taste remarkably similar interesting so there there seems to be some truth and honesty in the hemp industry at least yeah yeah hell yeah I just think that’s another example though of where that permeates like you you admitted that well I got this mail ordered so they’re like if you got mail ordered it’s hemp hemp equals bad you’re smoking red you’re smoking mids you know like it’s just interesting so I have a interesting story for you Phil um about license limits in the real world world and I and I mean like outside of cannabis um what what other other industry well I’m going to give you two examples restaurants and car washes okay and I I may have led you a stray by how I started this so let me just explain um this is how I’ve I’ve got two different anecdotes of how I’ve witnessed I’m calling them license limitations but it’s really just courtesy play out in other Industries so there’s this dude that I know that owns several restaurants in this area who was going to open up a diner in the town uh that I live in but since so he used to own a diner in the town that I live in but he like moved out but he’s thinking about moving back but in the years that he’s been gone there’s a town that’s like 15 minutes away that has a diner and they’ve really you know they’ve established a good set of patrons from the people that lost the diner here so he’s coming back into town and they catch wind of it and they’re like hey man could you please not do that and he said sure I respect that and so he’s just not doing it and it’s but it’s interesting if he wanted to he still could I just think it’s interesting that like it’s just a courtesy thing in the real world like or at least I know that’s just a one anecdote but I’ll give you like another quick story uh um there’s this sign up in my town so there was a car wash there’s always been a car wash in my town and uh it closed recently but there’s been a sign up that says like hey there’s going to be a new car wash in town and it’s got like this name and everything um you know like nice branding and stuff but it’s been up for a while and I finally ask somebody who like knows what’s going on in town you know there’s always somebody like that right and they’re like oh dude they’re not building a car wash they just put that sign up so that somebody else won’t build a car wash while they’re getting their stuff worked out see both of those just sound like smart business moves like that one guy was like well I don’t want like drama if I’m just trying to open the diner so they’ll probably open some other kind of food business or a different business entirely or just do the diner in a town that’s another 15 minutes in a different direction right exactly so I just thought that were interesting real world examples of how people like just deal with the issue of competition in the real world I mean I’m I’m excited to see um because we drove through New Buffalo when we were coming back from Michigan which is like right on the border with Indi with Indiana uh and they had like 35 dispensaries like an hour away less than an hour away from Chicago pretty much an hour from it’s pretty much an hour from like the Illinois Indiana border okay so like the way edge of the city um but I just think it’ll be fascinating to like see see what happens at those shops it would be fascinating if they were able s to sustain the majority of them yeah hey you weren’t the only one in Michigan for 420 Governor pritzker went there as well to tout marijuana legalization did you know that I did see that you’re actually the one that told me about it I knew you knew about it um just wanted to bring that up I thought that was funny he also tweeted um let’s see what he tweeted because he tweeted the other day I think it was on 420 I’ll I’ll find it here in just a moment but um yeah I think High Times just reported it so if folks are wanting to see uh on April 20th Governor pritzker tweeted to be blunt we’re proud to have sparked a new industry when we legalized adult use cannabis so that’s his 420 tweet hell yeah the only nitpicky thing I would say is did you really start a new industry or did you Co-op one that already existed right and kind of like bamboozle people into thinking that you like made made those people [Music] okay yeah I I just my thing with it and I completely agree with every you know where you’re coming from on that um it just I know I’ve made this point but I just hate that it seems like our metric for successful legalization is business performance like he said it himself oh yeah like he said look I’m going to be blunt we created a new industry it’s like how about like credit where credit is due you did decriminalize you know possession of 30 grams or less and 15 grams or less for out of Staters I you know I’m just making those small points well you couldn’t really sell it as a personal Liberty thing because people aren’t really free to do too much more than they were right yeah well well said so the big the big deal is all the money we’re Wrecking in the coal memo.com isit legal if you want to learn more about kind of the subject that we’re talking about right now um you know different stories than which like you just said it’s like yeah you’ve got that but it’s like a tight rope still you know yeah you have it but are you driving with it because if you’re driving with it that’s a Class A misdemeanor you know if you’re on foot and you have 30 grams like you’re pretty well okay they can’t [ __ ] with you on foot but in in a car different rights you know I don’t know if other cannabis users in this state look behind them less you know when they’re driving but like I still drive around like I did 10 years ago oh dude for sure I still like get a heart or like my heart drops when a police Gets behind me and it’s not that I’m doing anything wrong like I I or like or like at the start of your day like just taking an open coffee with you in the car so you have like a little bit of like not that I’m smoking in the car but you know I’m usually smoking in the house right before I leave so yeah but yeah you know I again I know we’ve made this point but my our metric for successful legalization is whether or not criminalization continues I think it’s just interesting how that is not ever a part of the conversation like they do talk about the pardons but it is crazy to me that like I don’t know I think a some number of them were automatic but it sounds like for most people like the EXP I keep seeing all these articles there was some article recently like Illinois residents waiting to get their still waiting to get their records expunged okay yeah yeah and that’s this what I was about to say is that you know I remember for a while yeah expungements you had to manually manually apply and you had to pass a drug test which uh colo.com isit legal we did a rep interview with representative Ammons I didn’t mention in that interview but she made it she sponsored a bill I don’t know if she like co-sponsored it or was the lead sponsor but anyway anyways the bill removed the requirement to pass a cannabis drug test to get your cannabis offense expunged because that was actually a thing I hope I said that clearly I bounced around a little bit I missed it I was I was too focused on these mids over here oh it’s all good it’s it’s all good was basically just saying back in the day when we originally Le quote unquote legalized it in 2020 I think up until 20 21 or 22 you couldn’t get your record expunged unless you could pass a drug test proving you hadn’t smoked cannab yeah yeah yeah but they did change that right yeah what I was saying is representative ammon’s uh I think co-sponsored or sponsored aill to changed that so shout out to her for continuing to work to better the the laws surrounding cannabis um yeah so I thought that was interesting um few other things I just wanted to ask before we out of here um did you see that article about uh Governor pritsker being nudged by Jim Belushi to uh lower those taxes oh I did what’ you think about that thought it was kind of stupid why well like the taxes are high but if you’re medical and it’s super easy to get a med card you pay like one or 2% taxes so the taxes really are an issue it’s the base price and the problems like just the limited licensing and the overregulation in general so like yeah sure good for him for saying the taxes but also like open up licensing let anyone that wants to get a license get a license right come up with new classes of Licensing where people can grow weed on the same side they have their dispensary y yeah um you know I’m not going to put that on on Jim balushi but Jim balushi is just a guy who’s just like got a bunch of money and is buying his way into the state yeah when I talked about it on the show I had like a short for 420 episode and I was like I appreciate every every and any conversation about how expensive that cannabis is in Illinois but I just feel like you’re kind of missing the Mark when you blame it all on taxes because yeah the the even without tax is as you say with a medical card the prices are just way way more expensive than they should be like like just to give an example the it’s not just the prices either it’s the options too thank you like the lack of options lack of options everything that goes with this this marget structure I did want to just share and I shared this I think in the 420 episode but um Capital facts kind of did a followup to that story on crane Rich Miller asked ritzer’s spokesperson Jordan I ieda I’m going to say if the governor supports a cannabis tax cut her answer no um and that’s I’m displaying this right now it’s this is actually well and I feel like that’s like the reason you’re not going to see a tax cut is because the way they structured the tax like you might see the potency tax got rid of so that would be a tax cut um but the base tax on flour being like 25 or 26% like cumulative like if you buy it in most communities is BEC like we tax cannabis at the same rate as Michigan cannabis excise tax in Illinois for flower is 10% that’s the same as it is in Michigan but they only have a 6% sales tax on top of that we have like a like 10 or 11% sales tax on top of that and then we allowed local municipalities to tack on 3% each for like your county and your city so like who is g to give up their cut right I mean Missouri has a 6% tax rate if Illinois wanted to get competitive they could get go down to that but I just I wouldn’t imagine them doing that yeah that’s why I’m even like until I like that big top priority with getting more medical dispensaries or allowing dispensaries to apply for like a dual medical thing it’s like I feel like theyd either make that so cost prohibitive that people wouldn’t want to do it or like I just I don’t see them like willingly being like yeah let’s make it easier for people to buy weed at 2% tax rate right right yeah it it really does seem as we well again as Carol amons pointed out before the vote to legalization that this was viewed as uh you know the solution to a budget issue a state budget issue um you know so got to keep those ta tax dollars coming in gambling too right absolutely absolutely absolutely um this is like slightly unrelated and I want to close out the show with because I haven’t talked about it yet I produced the article on gifting I’d be interested to talk to you about like what you thought about the short little article but these are just two un kind of sort of unrelated Clips this first one definitely unrelated but you’ll see like the relation I think um to to what I’m uh what I’m trying to bring up here just to close our conversation about the difference between like Illinois cannabis Market the Illinois cannabis market and like a Michigan or or you know something like that uh let’s take a brief break and watch a interview with Lena Khan the Ft the FTC chair uh to talk about oligopolies and uh you know the corporatization of America unfortunately folks YouTube asked me to pull the part that I played this clip on John Stewart which I’m visually displaying right now I’m not playing it um again because YouTube asked me to take it down what I’m going to do is I’m going to link the full video in the show notes and I’ll just tell you the moments that I played on the show so I played uh from what I can remember moments 1 minute 45 through 227 moments 10 minutes 42 through 1225 and uh starting around 1454 and let me tell you a little bit about what was discussed just so that the point isn’t completely lost so in the first clip that I showed from this interview with Lena Khan the FTC chair John Stewart addressed the distinction between monopolies and oligopolies highlighting that while monopolies involve one dominant company oligopolies are a situation where a few companies control an industry which is prevalent in this country they raised concerns about cons consolidation particularly in the entertainment industry where six companies wield significant control the focus then shifts to corporate behavior and this is where lenina KH steps in he asks you know how do you identify oligopolies and that’s where they shift to corporate corporate Behavior emphasizing if companies engages if they engage in practices that are that harm consumers suppliers and workers with impunity Lena identified a quote too big to care attitude as indicative of Monopoly power or oligopoly power where companies exploit their position to Mi mistreat stakeholders like consumers who don’t have any other options to quote her uh they can start mistreating you because they know you’re stuck does that sound familiar it probably does because that’s exactly uh how Illinois is uh they also talk about you know the industry becoming more Consolidated cornering the market price fixing um which you know some people might say that this Market in Illinois the Cannabis Market is cornered and that these people are engaged in price fixing and then like I said at the end um they have a conversation uh John asks um are our industry is becoming more Consolidated today and Lena said she kind of expressed what seemed like a gut feeling that larger companies are aggressively acquiring and consolidating others in pursuit of growth which is contributing to this continued trend of consolidation um she did acknowledge the need for Market specific analysis you know in order to make more solidified claims but they did uh site sectors such as Airlines Telecom and meat packing and they emphasized the negative impacts of consolidation can be seen by way of reduced competition which adversely affects Americans and communities and even leads to safety concerns concerns such as airplane malfunctions so once again I’ll have this full video Linked In the show notes if you’re wanting to look it up if for some reason you’re not wanting to look in the show notes and click the link uh on YouTube you can search it up the title of the video is lenina KH FTC chair on Amazon antitrust lawsuit and AI oversight The Daily Show it looks like it was po uh posted on April 1st 2024 by The Daily Show enjoy the rest of the episode so what you’re saying is thank God Federal prohibition still exists because otherwise we would only have one cannabis company what do you mean no it’s like uh like you could imagine this getting a lot worse right you know right like the amount of companies that exist in Illinois like you can imagine a world when this is opened up federally that there would be like as many cigarette companies as there are absolutely yeah yeah no and that’s it’s something you know they brought up uh media companies but I always bring up like the food supply I’ll display the image that I always share I think this is what it’s going to look like and if what’s crazy is when you look at this this looks just like if you go to box brown.com msom Maps we can go there in a moment um but like you see this map here on the right that shows like Nestle Coca-Cola unil lever and then all the brands under them I know it might be hard to see the brands but like gives you this illusion of choice you know that these are all different brands that you’re supporting and it’s like no it all goes back to the same companies and it’s really starting to look that way um in cannabis he doesn’t have it laid out like all in one chart he’s got it laid out in some you know different like per company well and the the annoying thing about like Illinois just thinking about this is like these bigger companies like they want this cpg model it’s like you would almost wish like someone who really wanted to be like a craft producer and be on their own that they could just like set up their own storefront and like grow [ __ ] in the back and have a cons you know like there’s a there’s a place called alien something I don’t remember the rest their name I know there’s a couple cannabis companies with that that in the title but they’re I think they’re in kalamazo right around it but they have like a consumption lounge and a grow in the same spot and they’re trying to be like a high-end like crab you know small batch like that would be the way to like have someone be social equity and be competing with these giant companies that are able to like churn out all these Edibles and vape carts and you know have endless amounts of Supply to compete with them yeah but that license that doesn’t even exist that concept that license type that business does not exist right and I think it’s just because like our definition of social Equity is not that like like we just have well and you’re you’re just forcing them to compete on the same like Battlefield as these big like on their rules right right yeah so it’s a interesting State like I just think like I said just to kind of round out that point like you say they have to force play on the same set of rules and I just think it’s crazy that it’s all about giving them Market participation um that’s all the conversation is centered around and it’s like I’m not L I want to be clear I’m for that and actually shellene title has come on the show in the past and displayed this interesting graph that showed like kind of what we were just talking about the dispersion of companies in like the commercial Market compared to the Cannabis industry right now and actually the way that the numbers look right now is that um we we do have a more diverse industry I want to just ref rephrase that the way that the numbers look right now because like C like Illinois for example they say that they’ve got this diverse industry but it’s like how many people you where’s the where’s the money going right yeah yeah so yeah it’s not I I don’t want to like dowr that there’s an opportunity to equalize here but I just I guess to round out my point like I said is to get this conversation needs to include the end of the the decriminalization of cannabis I don’t understand how we’re talking about like basically like you know addressing the the the issues that have been caused by the War on Drugs without like completely stopping that policy it just doesn’t make sense to me yeah like I don’t know what they really stopped arresting people for it just seems like now they’re getting them for improper transport yeah what I would call like well that and then what I would call like un and they let people grow and they let people grow like a couple plants right but I feel like a lot of what you hear people getting in trouble for and we didn’t even cover it but uh I haven’t covered it yet I’ve still got the stuff saved but you know there was that big bust in Chicago that you told me about and I feel like what you see now really is these like big busts for people that are like seemingly off offering legitimate services like online menus delivery Etc and they’re getting po they’re they’re getting a lot of prison time um for basically practicing without a license I would I would say just to be diplomatic about it because I’m sure if given the opportunity they would practice with a license but they don’t have that opportunity you know what I mean like well and remember we decided pre legalization that cannabis isn’t dangerous and that you know no one’s hurting anyone by selling Black Market cannabis right let’s remember that people right I feel like there’s like a whole thing now like some like well they’re selling unregulated cannabis exactly no I mean that’s the basis it could kill somebody Cole it’s it’s the basis behind the like Bilal argument there’s like a big hush like there’s a campaign it’s like bgal you know I mean like you get it you want people to know what they’re putting in their bodies but like right I just I can’t not see that as some kind of fear moning like it’s not like home distilled liquor where you could like go blind if they have have done it wrong right no one’s putting fentanyl in the weed right either yeah I don’t I you know and and here’s what I will say cuz people have like pointed to stories in the media that suggest that I would suggest you know growing your own and if you’re not able to connecting with somebody that can uh that’s how you remove fit andol from the equation like um but they’re also is no fentanyl in the wheat right yeah I just I love that that you know even if there was like the S the um the the solution is just to go back to the old classic grow it grow it yourself um we’re displaying a picture right now I love I don’t even know where this is from I think it’s from New York it says illicit cannabis is toxic yeah looks like Long Island cannabis something organization but just the idea of people who like supposedly support cannabis walking around being like that illegal cannabis that’s stuff’s toxic right like that’s what people would have said in the 80s to just push prohibition straight up or they literally did make it toxic at a certain point what did they spray on it the uh I think it was called parat yeah something like that yeah paraquat or something like that parat here’s another one in New York we’d like your attention only Canabis dispensary sell safe product when you purchased from an illegal weed shop you have no idea what you’re really getting and it may kill you see I would have been the person taking a picture of this too because this is insane yeah it’s pretty crazy pretty crazy I and there was a story like in I don’t remember what state it might have been Florida but it was like some mom got charged with murder CU her kid ate her like Delta eight gummy do you remember this I think I heard about that yeah I don’t know what the resolution of any has been to that but I was like that is just not that cannot be what it seems like the kid did not die from eating delta8 yeah um the last I have seen of it looks like June 12th 2023 just based off of a quick Google oh I got to disable my ad blocker of course um it looks like the mother won’t face a jury she took a plea deal um Dorothy Clemens accepted a plea deal after her four-year-old son died from eating one more than a dozen delta8 THC Edibles she’ll spend 10 years in jail that’s insane same day her son inter in story I had not heard about this I do think there there was something in the case regarding like her not being fully honest I think yeah says County Prosecutors responded that Tanner’s 116 pound weight at age four and lack of pediatrician visits in two years was a sign of child neglect that doesn’t sound like this was only due to Delta 8 well that’s I’m just like this kid didn’t die from Delta eight he was 116 pounds at age4 I I don’t have kids I don’t know those metrics I mean dude I was like 120 pounds in [ __ ] seventh grade I may I may be a small kid but you know here we go up sure okay go down then I want to see the rest of the article I think there’s more here yeah seems like that’s the whole story I don’t that yeah I don’t know if this is a video on it sounds like that looks like an unrelated video but yeah yeah but that’s just it’s one of those it’s like that those kids at the high school in uptown it’s like we had to take kids to the hospital for this you know these gummies they got at the gas station it’s the of the world oh my God we have to regulate the whole thing yeah like people will people will say like people be like well no one no one’s died from my regulated can cannabis and the people will bring up this story for the next 30 Years and I just I just can’t believe this story at face value yeah well um like I said before we uh talked about gifting and I felt like that would probably be a quick way to wrap up the show I just wanted to show this video I kind of it together we’ve played this before on the show um you know but and I even think with you Phil but this is the first time I’ve kind of cut it together uh I think a little bit better that it really explains like the difference I just want to be clear to folks before we start this is about Oregon cannabis and Oregon is always pointed to along with Michigan as a failed way to do cannabis and so I kind of cut together a clip from Vice news tonight um that uh kind of shows you what the differences is differences are the complaints from The Operators and then quickly the consumer side of this uh conversation which I think is the most compelling part of all this so Oregon has had a long love affair with marijuana so when voters passed a ballot measure legalizing it in 2014 everyone reacted about how you’d expect a free market pot Paradise was coming especially for people who managed to get into the business early the problem is that we didn’t stay at $1,500 a pound or anywhere near it wholesale prices are down by More than 70% since the beginning of 2017 and that’s they decided to make it as easy as possible for everyone to get in on the Gold Rush unlike in Washington and Colorado there was no cap on the number of Growers no rules to limit production and no restrictions on out of-state residents they also set the price for a license as low as $11,000 compared to tens of thousands of dollars just across the border in California and it all worked to create a colossal weed glut it did take a while before I had enough study so I could confirm that but I think we’re getting closer to to say there’s more weed than in our legal system being produced by our legal system uh than can be consumed by Oregon Steve marks who’s in charge of regulating Oregon’s recreational marijuana and liquor industry do you look back at it and think maybe we should have put some caps on production or on the licenses you know my job’s not to Su guess that I’m just the administrator but if you’re asking me uh I don’t think so everyone just wanted to be the first in to have their stake in it and they were willing to take the risk to be a part of that market so I don’t think that’s necessarily bad and in a control Market they’d be left out they’ never get that chance when Megan wall and her husband Matt opened pure green it was one of only two dispensaries on Sandy Boulevard in Portland now there are 13 one about every th000 ft for almost 100 blocks people Call It The Green Mile how do you as a retailer feel the effects of saturation of the market I am constantly looking at prices we’re constantly receiving feedback from people coming into the store about what other stores are doing we’re kind of in a race to the bottom and the top at the same time you know there’s a lot of loss leaders that are out there that are just dropping prices to have people come in Megan and Matt were tired of seeing their piece of the special pie shrink so they decided to sell their business to a larger company they’re staying on as employees we were approached by c21 which is a Canadian company and we have sold the store to that and of course there’s one group of people who would never complain about weed Market competition people who like cheap weed I just bought a pre-rolled pack of joints for uh 16 bucks and that is like something I would have never dream it’s great I don’t think about the expense anymore which is super awesome you know they should probably enjoy the super awesomeness while it [Music] lasts so um just you know those are those are the differences people say that I I mean would you agree Phil people say that Oregon was a failure because the prices got so low that people went out of business well it’s funny though CU people like that place I mentioned earlier lifted they sell their ounces above $200 and they’re vertically integrated they make them themselves that has to be super profitable like some of them are up to like 280 you know and then I look up like Oregon’s super competitive but archive would be like a wellknown company out there you know supposed to produce like great cannabis they sell ounces for 280 out there and seemingly are able to survive so it’s like you just need to be good yeah that’s what I thought I never caught that before in that report but did you notice they that one producer said I always heard it as a race to the bottom but she said a race to the top and the bottom at the same time right yeah that would be what that is right yeah yeah interesting so I look I just have to share that because it’s like some people don’t really I don’t think understand the difference and like if you don’t pay attention to it a lot you you may not even I don’t know you hear licensing and some people’s eyes glaze over you know I do think it’s it’s more than like like my experience in Michigan is not that it’s a race to the top and a race to the bottom it’s like there’s a race to the top like those small producers trying to do real craft things but there are people that are just selling like in that high middle range too like they might have some very cheap options like this place Sun Provisions I’ll stop at they grow some of their own stuff on site they bring in some stuff that’s like better quality I think their their like high-end ounces were like 160 but they had some very like you know stuff I probably wouldn’t buy that was like you know 80 I think they even were selling some deals it was like 2 ounces for 100 or 120 so yeah like I think people are also trying to find that like good middle range where it’s not necessarily some like premium thing that they’re advertising but it’s like you know good everyday cannabis for a slightly higher price right yeah and I guess just a short point I want to make I think the only other one that I can think of right now it’s a point that you’ve made in the past like there is a space for Budget cannabis like some people not everybody can buy the Johnny Walker Blue every time you know like I’ve Got Friends that will buy what is it Jim Beam like they’ll go lower than Jack Daniels I know how low can well and also there’s so many like if you have some stuff that’s like you know kind of unremarkable to smoke you can always just mix a little like super tasty concentrate in there right you know turn into some edibles there’s you know you wind up with some shitty weed there’s always something to do with it yeah you can always find something to do with it hell yeah well um close it out with gifting right so people might give the gift of giving what did you think about did you check out my article I don’t know if I even sent it to you um I know I posted it on patreon but um it’s a short one I’ll just go through it it it references an old article I’ll put this in the show notes and I definitely urge people to check out this right here at the top is the link to the first article that that inspired this article so basically my take on gifting in cannabis I’m like this seems like a straightforward question if cannabis is legal can I gift it so I reached out to the state for an answer and look the state is already really provided an answer on this in the past but again if you read the story that this article is inspired off of the um references to gifting just disappeared I’m going to say and I I don’t I’m not alleging that anything like you know devious was happening maybe it was just like an oversight or an accidental Omission um because they gladly answered this question um so the long short of it is that the state clarified that adults 21 and older are legally allowed to gift cannabis to other adults adults 21 years of age or older as long as the gifted amount stays within possession uh limits the personal possession limits and no monetary exchange occurs they also informed me that they would update their FAQ with this information within the next day or so I’ll check it out because it’s been a day or so um I’ll check it out here in a second but this is what I sent to the state you know I was basically just ask I was just asking can you confirm it’s legal if the information has been updated or revised regarding gifting can you please provide reasons for these changes and is there a dedicated resource or section on the cro website where individuals can find accurate and comprehensive information about cannabis regulations including gifting um and I just basically said that you know providing this information May address any confusion it’s crucial that individuals be able to exercise their rights responsibly and in compliance with the law right that’s the goal here and um they responded that individuals over the age of 21 May gift so long as like I said The Possession limits um stay within that I did find it interesting it is not legal for dispensaries to gift cannabis and I always wondered about that because like sometimes when I’ve been gifted cannabis from dispensaries because I have um I’ve always wondered why they make the transaction a penny and they have a little penny jar it’s because they just like pay a penny and that’s how they they didn’t give it to me for free they gave it to me for a penny and who knows yeah anyways um I know there’s I think in Massachusetts that was even illegal yeah I don’t know how you weren’t allow you weren’t allowed to like massively discount product to like give it away yeah like I say it was always interesting to me how that worked but I will also just say that like that’s literally the model for some of the ways these events go on around um you know the state is it’s these companies will sponsor them and bring their products and gift them um you know I’ve even talked to I’m not going to I mean I don’t care like it’s not that I I’m trying to save anybody or anything but I just don’t think it’s particularly notable but I we’ve talked to one person at least that says that they you know have medical patients employed because they’re under the impression that they have higher possession limits and therefore can carry more and therefore can gift more so long long as they don’t exceeded those individuals possession limits right who Could That Be maybe someone who offers wedding services who could be read about in The Chicago Tribune recently maybe maybe um but uh the state also um said that you know there’s information on giving on let’s talk cannabis and I went here um they also say neither idfpr nor ID regulates cannabis gifting between private citizens gifting between people should comply with possession a possession age limits and other requirements of state and federal law but yeah there’s like a a mention of giving here like right here it says giving but it doesn’t say anything under here about gifting like literally anything there like it says giving at this header but there is no other mention of gift giving nothing uh anywhere else on here um that’s a oneof one match yeah that’s interesting so maybe it’s just an oversight again um but that’s that’s what they mentioned and they said that the FAQ is intended to be the dedicated resource or section on the croo website they showed they actually even pasted for me what they plan to put on the website and one of the things that many people have pointed out and asked me about you know and first of all I always have to say I’m not like I’m not a legal professional and I’m not giving any legal advice but like they’ve asked me you know it says that you can’t give away cultivated cannabis um that’s like basically one of the things it expressly says not only can only licensed cannabis businesses you know sell it they can’t gift it but you cannot give away any home cultivated cannabis you know especially by medical patients that are growing their own cannabis they specifically mention that and uh yeah I mean again it kind of goes back to something earlier that I said to you Phil like we feel the need to tax every cannabis quote unquote transaction right and so anything stepping outside of that regulated market they’re not going to allow and they’re expressly going to mention and uh I would just say that uh maybe you don’t mention that it’s home cultivated cannabis you’re gifting I don’t [Laughter] know um I’m just joking it’s just a joke your cover when you hand someone a a bag of weed of homegrown weed is just to say no this is from GTI right or this is hemp it’s got a thca sticker on it um yeah right then I don’t have to comply with possession limits all right um so I just wanted to display this is really the story the thing that I’m excited for um and I’m sure that maybe the state the state is um you know they they watch the show so um I I followed up with and I’ve not heard back about this part because it’s still unclear to me I asked what is The Possession limit for registered medical patients do medical patients have a possession limit at home for example if a medical patient cultivates cannabis at home do they need to dispose of quantities that exceed their possession limit or do they simply need to ensure that those quantities are quote secured in the home and the reason I asked that is because Nate the compliance officer from the office of the croo so kindly um offered and said you know feel free to reach out if you have more questions and that’s one of my number one questions um the the state has talked about this in the past and they said they can’t provide it a definitive answer I’m hoping that we can get a definitive answer um you know again this is going back to the idea that if this is supposed to be the dedicated resource or section on the cro website where individuals can find accurate and comprehensive information about cannabis regulations I think that simple things like that like what is my possession limit um well especially in light of that one case you covered right was that guy David yeah yeah that’s another one folks that you can find at Co memo.com isit legal so um apparently not right it’s yeah yeah so you know hopefully we get an answer on that and I guess that’s that’s what I’ll close with is like that’s always been the goal with with at least in the context of cannabis when I talk about this project but pretty well with any subject that I talk about I’m just trying to share what I learn um and I’m hoping that like particularly this type of information is helpful for people to because legalization really is a tight RPP you know and it’s crazy that can I just say this real quick it’s crazy that this is the answer to the question of is gifting legal I have to scroll yeah is it legal yes or no you know what I mean like it’s crazy that that you know anyways I get it I think everybody gets our point at this point so all right Phil well any it’s all it’s all very complicated yeah seemingly more complicated than it needs to be I guess is the point I was trying to make there I kind of got lost in it but yeah um any parting thoughts before we go my friend keep smoking them mids smoking them mids hell yeah all right folks we’ll see you on the next episode of the co Mill thank you if you listened this far uh again we’ll see you in the next one take care bye

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