Friday, December 27, 2019
Will cannabis be 100% legalized Yes, for 3 obvious reasons
Will cannabis be 100% legalized Yes, for 3 obvious reasonsWill cannabis be 100% legalized Yes, for 3 obvious reasonsIts only a matter of time before cannabis is fully legalized.Honestly, its unfortunate that it has taken this long?- ?and even more unfortunate how many people have been put through the ringer for buying, selling, or using cannabis in the past however-many years. Ill never forget the first time I saw a billboard for legal cannabis in und dann los Angeles, and my first thought welches how many people have been put in jail for something that is now quickly becoming the next hot product.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreHowever, there are a few reasons why its no longer an if conversation, but a when conversation.1. Funding cannabis companies has already crossed the tippingpointAlready in 2019,cannabis companies have raised more than $3.3 billion in venture funding?- ?o utpacing what was raised in 2018.When you have this level of venture funding pouring into an emerging industry, thats a very big signal of approval. That means its more than just a few forward-thinking angel investors betting on a dystopian future. Now there are VC firms, PE firms, and major retailers all backing the future of cannabis.According to Fortune, for example, Walgreens is set to sell cannabis products in more than 1,500 stores.These are all signs of where the world is headed.2. The digital age has made the distribution for cannabis products exponentially easierCompanies like Eaze, here in California, have realized the massive opportunity for cannabis delivery?- ?and use a similar model as some of todays hottest delivery startups like Postmates or UberEats,offering $20 off your first order.However, in order to understandhow a company like Eaze is able to raise $60M+ at a $300M+ valuation, its important to look at why delivery in this space is such a crucial part of mainstr eam adoption.First of all, our society has always measured progress largely by convenience. The simple progression of wanting what you want, when you want it, has dictated the direction of some of the most influential companies of the past few decades?- ?with todays most obvious (and successful) example being Amazon. Applying this saatkorn logic to cannabis adoption is a no-brainer.But second, and potentially more importantly (at least for the time being, while cannabis slowly works its way through the red tape of the legal system), cannabis delivery is a way of scaling without requiring each and every customer to go out and purchase cannabis in-person. A big argument in cannabis adoption has always been driving under the influence, no different than alcohol, and so companies like Eaze are racing to be the solution that doesnt require a customer to leave his or her home (or office, or friends apartment, etc.).3.The world has become more and more open-mindedThe way the world thinks a nd communicates today about some of societys most longest standing issues is very, very different than how things were a decade, or even two decades ago.Never before in history have we talked so openly about topics like same-sex marriage, mental health, race, womens rights, white male bias, substance abuse, child molestation, etc. And although it might seem odd to put cannabis beside those sorts of topics, you have to remember how long cannabis was deemed just as dangerous as heroin or opiates. The mental shift that cannabis is actually a fairly harmless, and even medically proven to help bring relief to certain types of patients, is a recent one. 10 years ago, it was a very small group of people who believed or even talked about cannabis being legalized for medical use?- ?no different, you could say, as the people who decided to buy Bitcoin when it was a mere $4.72.The question is no longer, Do you agree with the legalization of cannabis?Its only a matter of time before it is 100% legalized, all across the United States (and most likely, other big parts of the world).This article originally appeared on Minutes.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people
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