industry
Revolutionary industry developments in cannabis culture.
The Wild West Revisited
“PROHIBITION ENDS AT LAST!” screams the cover of the latest LA Weekly, the one dated Jan. 1, 2018 — 84 years after the end of the genuine article, in December 1933. The cover of the popular alt-weekly was a bit over the top; Californians have been finding ways around restrictive marijuana laws for years — even as the country incrementally evolved its own position on recreational use. Like the original from the 1930s, the pot prohibition that ended with the year 2017 was, practically speaking, never much of a “prohibition” in the first place.
By Michael Eric Ross9 years ago in Potent
States Likely to Legalize Marijuana in 2018
Why is marijuana still illegal? It's a good question, one that seems to be asked on a daily basis by many US citizens, most of which use the potent narcotic not simply for its intoxicating high, but for medical purposes, as well. If you take a quick look at the predominantly grey tones covering the state marijuana laws map of the United States, you'll see just how far we still have to go before nation-wide acceptance of the leafy green goodness known as marijuana is finally overturned as a criminal possession and dangerous narcotic. While still many remain skeptical, and even more abide by the notion of its immediately harmful qualities, a majority of the country has risen up against those who feel the need to diminish this highly pleasurable and medicinal plant.
By Gerald Oppugne9 years ago in Potent
Marijuana Stocks You Should Be Watching Right Now
The Green Rush, which is what people are calling the wave of states currently legalizing marijuana, has heralded in a new era of commerce. Cannabis has become a major commercial sector that gives states massive amounts of revenue.
By Iggy Paulsen9 years ago in Potent
Cannabis Oils Are the New Gold
The 2 most common methods of extraction in the cannabis industry are butane and Co2, with Co2 extraction reigning as the leader due to the lower hazard risk during production and the non-toxic nature of the method used to extract the oil.
By Casey Schied9 years ago in Potent
Pot Advertising Hasn’t Gained Altitude with In-Flight Pubs
As the United States adjusts to sweeping changes in marijuana laws — 26 states and the District of Columbia have decriminalized or outright legalized the herb for personal recreational use — a new green industry has emerged. Marijuana dispensaries and cultivators are actively soliciting new business in the states where it’s legal, and makers of other cannabis-related products are likewise selling their wares in a wide range of earthbound publications.
By Michael Eric Ross9 years ago in Potent
What You Need to Know Before You Head to the Dispensary . Top Story - September 2017.
You have done your research. You have talked to your doctor. You may even have a medical marijuana card in your hand. Congratulations! You are officially ready to take the next step and head to your local dispensary, the general term used to refer to any location where a patient or consumer can legitimately and safely purchase and access cannabis.
By Ryan Jennemann9 years ago in Potent
Beyond the Agenda
Once considered a “gateway drug”, the truth about marijuana is clearly starting to overcome the stigmatism that has long been associated with its use. The truth is that marijuana is 100 times safer than many medications with severe side effects that are prescribed in its place every day. It has several medical benefits which could hinder the profitability of one of America’s biggest money making industries: pharmaceuticals. As found in a study conducted by W. David Bradford and his daughter, Ashley Bradford, researchers at the University of Georgia (washingtonpost), there is concrete evidence found in the significant decrease in numbers of pharmaceuticals being prescribed to Medicare D patients in states which have legalized the use of medical marijuana (healthaffairs). Suggestively, elderly patients who receive Medicare are the least likely to engage in medical marijuana activities. So, it can then be concluded that on a larger scale if the population of young adults who are more open to treatment with cannabis were considered, the number of prescriptions would drop even more. Therefore, if/when marijuana becomes legal country wide, the effect it could have on the pharmaceutical industry overall would weigh in around $4 billion per year. On the other hand, as seen in Colorado throughout 2016, marijuana sales could bring in over $1 billion per state, totaling in excess of an estimated $50 billion annually from the new market. That means that the country would see a loss of $4 billion from a harmful business in exchange for a $50 billion profit from a safer alternative. It seems like common sense. Unfortunately, it’s not so simple.
By Amanda Spradlin9 years ago in Potent
Will Big Business Takeover the Cannabis Industry?
As cannabis sales totaled at $6.9 billion in 2016, it became a no brainer to many men and women who are passionate about the industry, to quit their nine to five job and take on the cannabis world. But it also widened the eyes of many investors and big businesses.
By Scott Michael Foster9 years ago in Potent
