Skip to main content

Let's take a poll...

Which is your favorite reason #whyIcannabis?

1. Because I’m a contrarian and (not so) secretly love a good shock factor.
2. Because supply and demand (I’m an Economist).
3. Because I’m a worrier.
4. Because medicine is medicine.
5. Because I hate calories and hangovers.
6. Because botany is real.
7. Because no industry should have to operate in the Stone Age.
8. Because traditional business disciplines are necessary in every industry.
9. Because “vices” should be taxed and regulated.

Comments

  1. I'm with you, Lisa. #4 = SO compelling. Specifically for me, the question of why we're voting on this.

    ReplyDelete
  2. Combination of 8 & 9, I think they work together and its time for evolution and some growing pains in the life cycle of this industry, the future and new users are going to want it!

    ReplyDelete
  3. All of the above except #9 -- I don't believe "vices" should be taxed or regulated above other products.

    ReplyDelete

Post a Comment

Popular posts from this blog

More Dangerous than an H Bomb

Does anyone remember this Ronald Reagan quote?   “I now have absolute proof that smoking even one marijuana cigarette is equal in brain damage to being on Bikini Island during an H-bomb blast." Much has been written about the origin and evolution of the War on Drugs in this country.  Most people don't realize that the War on Drugs actually dates back to the nineteenth century, when states enacted broad measures to protect consumers from dangerous medicines and poisons. However, there is a theory that racism was often at the heart of the motivation to criminalize these substances. Heroin was the first  pharmaceutical to fall from favor.  Chinese immigrants came to the United States for jobs in railroads and mines.  These immigrants brought a tradition of smoking opium-based   products (such as heroin) in the evenings to relax.  Settlers accused the Chinese of stealing their jobs and the resentment evolved into false claims that Chinese me...

How we #duediligence

About a year ago, when I entered the cannabis industry as an investor and professional, there was no shortage of questions from my friends and family. One of the most common questions was about how to navigate the noise and make informed investment decisions.  Specifically, with the hundreds of deals that are out there, how does a prospective investor separate the good deals from the bad to make prudent investment decisions? Due diligence  on investment opportunities in the cannabis industry takes a different flavor than in a mainstream industry. However, some of the same basic principles apply.  Investment decisions should be made based on the expected risk-adjusted return on your capital. Several topics should be considered when evaluating a potential cannabis investment.  In general, as fundamental economic valuations are not readily available in this industry, investment decisions tend to rely more heavily on intuition and qualitative aspects of the opport...