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?
Jennifer Budwig - Banker
Becky Crossland - Restauranteur
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 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
News clips used
PBS Newshour Audio
Host: Kym Kemp
Reported by Kym Kemp and Chuck Rogers
Editor: Mike Dronkers
Intern: Alfredo Esparza
Executive Producer: Patrick Cleary