Monday, January 14, 2013

Will big tobacco jump on the marijuana movement? | Reduction

Will big tobacco jump on the marijuana movement?

Changing of the Guard, Inaugration Day, Washington D.C. USA, Barack Obama, George W. Bush Collage
Changing of the Guard, Inaugration Day, Washington D.C. USA, Barack Obama, George W. Bush Collage by Beverly & Pack
License (according to Flickr): Attribution License
Excerpt:

A budtender holds a marijuana cigarette for a client at Perennial Holistic Wellness Center medical marijuana dispensary, which opened in 2006, on July 25, 2012, in Los Angeles, California. / Getty Images

SPOKANE, Washington The states of Washington and Colorado legislated possession of little quantities of marijuana in the November elections, however it is unclear if any cigarette makers plan to provide either market. Marijuana remains illegal under federal law. Head of %%PRO10%% Barack Obama suggested last week that pursuing individual users will not be a priority, however there's no firm indication yet exactly what action the Justice Department may take against states or companies that take part in the nascent pot market, which has the potential to be big.

People:

Brian Smith

Overall Sentiment: 0.0372574

Relevance: 0.77515

SentimentQuote
0.0798852"We're getting a lot of interest from people that want to be producers," Smith said. ...
0.0700302"We're getting a lot of interest from people that want to be producers," Smith said. "Some say they have been growing it illegally until now."
0"But we could have outdoor grows in eastern Washington," he said. ...
-0.142148"We don't need to get to the level of oversight Colorado has in medical marijuana," he said. ...
Sentiment Stats:
  • Number of Quotes: 4
  • Aggregate Sentiment: 0.0077674
  • Mean: 0.00194185
  • Standard Deviation: 1.7320508075689

Bill Phelps

Overall Sentiment: 0.0110538

Relevance: 0.477452

SentimentQuote
0"We have a practice of not commenting or speculating on future business," Phelps said, ...
0"We have a practice of not commenting or speculating on future business," Phelps said, adding "tobacco companies are in the business of manufacturing and marketing tobacco products."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0
  • Mean: 0
  • Standard Deviation: 0

Bryan Hatchell

Overall Sentiment: -0.145934

Relevance: 0.47733

SentimentQuote
-0.147497"Reynolds American has no plans to produce or market marijuana products in either of those states," Hatchell said. ...
-0.129169"Reynolds American has no plans to produce or market marijuana products in either of those states," Hatchell said. "It's not part of our strategy."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: -0.276666
  • Mean: -0.138333
  • Standard Deviation: 0

President Barack Obama

Overall Sentiment: 0

Relevance: 0.390432

Disambiguation: Politician | President | Appointer | AwardWinner | Celebrity | PoliticalAppointer | U.S.Congressperson | USPresident | TVActorReferences:

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Organization: Washington State Liquor Control Board

Overall Sentiment: 0.0814518

Relevance: 0.521947

Organization: Department of Revenue

Overall Sentiment: 0.0262908

Relevance: 0.343734

Company: Reynolds American Inc.

Overall Sentiment: -0.162906

Relevance: 0.448134

Company: Philip Morris USA

Overall Sentiment: -0.164734

Relevance: 0.327424

FieldTerminology: tobacco products

Overall Sentiment: 0

Relevance: 0.384595

FieldTerminology: state law

Overall Sentiment: -0.0939143

Relevance: 0.337794

FieldTerminology: retail stores

Overall Sentiment: -0.171534

Relevance: 0.315602

City: Washington

Overall Sentiment: -0.197879

Relevance: 0.670601

Disambiguation: AdministrativeDivision | GovernmentalJurisdiction | MilitaryPost | PlaceWithNeighborhoods | USCountyReferences:

City: Richmond

Overall Sentiment: -0.438612

Relevance: 0.309187

Disambiguation: AdministrativeDivision | PlaceWithNeighborhoods | USCountyReferences:

StateOrCounty: Washington

Overall Sentiment: -0.0273238

Relevance: 0.546368

StateOrCounty: Colorado

Overall Sentiment: -0.0815901

Relevance: 0.508397

Disambiguation: Location | PoliticalDistrict | AdministrativeDivision | GovernmentalJurisdiction | USStateReferences:

StateOrCounty: California.

Overall Sentiment: -0.0534349

Relevance: 0.32047

StateOrCounty: Virginia

Overall Sentiment: -0.49558

Relevance: 0.303273

Disambiguation: Location | PoliticalDistrict | AdministrativeDivision | GovernmentalJurisdiction | USStateReferences:

Facility: Pall Mall

Overall Sentiment: 0

Relevance: 0.325811

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