Humboldt Read Free

marijuana will be the single most devastating economic bust in the long boom-and-bust history of Northern California, impacting local businesses, nonprofit organizations, the workforce, and county tax revenue,” she said, pausing for dramatic effect to peer at the crowd over the top of her reading glasses.
    As Hamilton and everyone else knew, pot farming was not only a way of life in the region; it was the foundation of the entire economy. People had grown so dependent on the lucrative black market prices that some locals referred to marijuana’s illegality as the best government price support program in U.S. history. Prohibition and suppression create risk for growers and artificial scarcity on the market, sending prices and profit margins through the roof.
    But that price support system was now at risk.
    The U.S. government effectively outlawed marijuana in 1937. Though it is nontoxic and there are no recorded cases in history of anyone ever dying from overdosing on the drug, since the creation of the Controlled Substances Act in 1970 the federal government has classified marijuana as a Schedule I substance. This means the government considers pot more dangerous than cocaine or methamphetamine, with no medical value whatsoever. Many American people are of a different mind. In the late 1990s, starting with California in 1996, states began adopting medical marijuana laws. By the spring of 2010, fourteen states and Washington, D.C., had passed such laws.
    These new laws, coupled with a cultural shift toward the acceptance of marijuana on a national level, brought more people into the industry and caused the price of pot on the black market gradually to decline. Marijuana was now a multi-billion-dollar industry in the Golden State, and a measure to legalize and tax it for adult recreational use had just gathered enough signatures to appear on the November ballot.
    As Anna Hamilton pointed out that evening, if the measure passed, it could change everything in Humboldt.
    â€œEvery member of our society holds a stake in the consequences of legalization,” she said, as she began to point to the various tables—to the landowners, educators, members of the business community, and pot growers.
    â€œDid I skip anyone who wants to be recognized tonight?” she asked. “Any representatives from the federal government? I see someone’s sitting in that fed chair over there. Is that just a joke?!”
    Apparently it was, so Hamilton continued.
    If the legalization measure passed, she predicted that the price of marijuana grown outdoors in the sun, the traditional Humboldt way, could drop from its current rate of around $2,000 a pound to as low as $500. If that happened, the effects would be catastrophic. The market would bottom out, affecting growers and everyone who worked for them, which Hamilton estimated to be between fifteen and thirty thousand people in Humboldt County alone.
    In a few months’ time, the RAND Corporation, a nonprofit think tank, would release a study with a similar prediction. It estimated that the legalization of the production and distribution of marijuana in California could cause prices to drop up to 80 percent.
    There was reason to worry in the room, and it wasn’t just about economic self-interest. Proceeds from marijuana had not only supported and sustained individuals in the community, but had also helped build local institutions, including a health clinic, the radio station KMUD, and the Mateel Community Center, where the evening’s conversation was taking place. Donating earnings from a plant or a pound to these nonprofits, and to the community schools and volunteer fire departments, was how for years many locals paid their “taxes.”
    All this was poised to change.
    â€œIf the value of marijuana drops below a certain level,” Hamilton warned, “the state will be faced with the collapse of its rural economies. Businesses will be shuttered, the