Speaking of currencies. The recent increase in the Canadian Dollar/US Dollar has been pinching profits for Canadian marijuana exporters. $8 Billion - 6% = -$480 million (for full year today, less FX hedging..) On a political note, why not pay off our Federal debt and dollar printage with a marijuana tax? Don't forget we also have dwindling tax reciepts due to unemployment. As of April 22, 2009, Total Outstanding Federal US Debt stood at $11,191,057,364,056.82. Here's a video I found at minyanville.com and a Tech Ticker video featuring Diane Garnick saying the State and Local Governments will need to be bailed out. Plus a CAD/USD chart below.
Disclaimer: Not promoting Marijuana, it is illegal.
