The Humboldt Chronicles: How Much Money?

KHUM, Radio Without the Rules / Tuesday, Dec. 27, 2011 @ 4:33 p.m.

In the first episode of The Humboldt Chronicles, we explore what marijuana means to the Humboldt County economy. How much is confiscated? How much is grown indoor? How does any of this affect a waitress in Garberville? 

Guests

Erick Eschker - Economist

Jennifer Budwig - Banker

Becky Crossland - Restauranteur

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Cheat Sheet

Jennifer Budwig's crash course on marijuanonomics:

Assuming Law Enforcement seizes 10% of all pot grown = 200,000 plants seized equates to 2,000,000 plants. (They estimate they get 1-2%)

Assuming 28% of pot grown is indoor
Assuming 72% is pot grown is outdoor

Indoor is 1lb per 10 plants x 3 harvests per year at $2500 per lb. = 168,000 plants = $420,000,000

Outdoor is 1lb per plant x 1 harvest per year = 1,440,000 plants  at $1500 per lb. =  $2,100,000
 
Total: $2,600,0000

News clips used

PBS Newshour Audio

 
 
Background Music used included these artists, found here
 
Colin L. Orchestra - Take Air
Atomly - Medianoche
Fabrizio Paterlini - Veloma
The Insider - A Difficult Subject
HRO4 - Days To Come
Luciano Foglia - Use Hypnosis
Raliegh Moncrief - Cheese Steak
HR05 - Truman
HR48 - Thumbnails
Chris Zabriskie - Divider
Revolution Void - Invisible Walls
Cranston - Ticking Away
 
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Produced by Kym Kemp, Chuck Rogers, & Mike Dronkers

Host: Kym Kemp

Reported by Kym Kemp and Chuck Rogers

Editor: Mike Dronkers

Intern: Alfredo Esparza

Executive Producer: Patrick Cleary

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