So far, nine states and the District of Columbia have legalized the use of recreational cannabis, and two dozen states have approved medical marijuana.
According to a Quinnipiac University poll released Thursday, support for legalization hit 63 percent in the survey — the highest level of support recorded by a Quinnipiac poll. Support for medical marijuana is even higher, at 93 percent.
Change is in the air and with it a goldrush-like exuberance. Forget High Times for a minute, what does The Street say on the topic?:
The cannabis industry could be on the precipice of a real boom. Not the slow trickle of PIPEs and venture funding rounds investors have seen since 2014 but a full-fledged boom.
California, As Always, Is An Innovation Engine
The explosion of cannabis consciousness and rise of cannabis commerce in the legal states is now opening up incredible product development and brand building opportunities.
To offer an inside look at the industry in California, Highsnobiety released a documentary titled “High End: The Regal-ization of Cannabis.”
The documentary provides a detailed look at a handful of cannabis brands in the luxury or “top shelf” space.
Shot in LA, the feature offers interviews with the founders of MedMen, Lowell Smokes, Bloom Farms, HelloMD, Beboe and Lord Jones, as well chats with industry insiders from Estrohaze, who discuss the lifestyles of multicultural women in the industry, cultural appropriation, and how state and federal regulations will affect brands as legalization grows nationwide.
Freedoms Granted By Legislation and Regulation
After years of criminalization and misinformation, lawmakers from coast to coast are starting to get on board. Money talks.
Senate Majority Leader Mitch McConnell now wants to revive hemp as a major agricultural product in the U.S. Additionally, Chuck Schumer introduced a federal decriminalization bill in the Senate.
When the green tide rises, and there are bucketfuls of money to be made, hypocritical positions of the past begin to fade.
I’m joining the board of #AcreageHoldings because my thinking on cannabis has evolved. I’m convinced de-scheduling the drug is needed so we can do research, help our veterans, and reverse the opioid epidemic ravaging our communities. @AcreageCannabis https://t.co/f5i9KcQD0W
— John Boehner (@SpeakerBoehner) April 11, 2018
If John Boehner can “evolve” his thinking, which he did, I’m certain we can revolutionize the economy and provide the medicine people need and the personal freedoms that all Americans expect and deserve.
Admittedly, common sense isn’t something the American people are accustom to, but a new day is dawning.