Marijuana: America’s Next Big Business Boom?

By on October 23, 2012 in News 5

Picture: R3D-3Y3 (PD)

The Daily Beast

With pot use up and legalization perceived as being just around the corner, reports that smart businessmen are looking at legalized marijuana as a smart investment:

Full dark in downtown Denver, and inside one of the twinkling high-rises that make the skyline, drug dealers are putting money into envelopes. They’re trying to be discreet. No one signed the security logbook in the lobby. All assume the room could be bugged. But if your image of the drug trade involves armed gangs or young men in parked cars, these dealers offer a surreal counterpoint. There’s a finance veteran, two children of the Ivy League, multiple lawyers, and the son of a police chief. At their side is a Pulitzer Prize–winning communications consultant, two state lobbyists, and a nationally known political operative. And the guest of honor: a state senator who likes the look of those envelopes being stuffed.

I like their confidence, but is it well placed? Is legal marijuana an eventuality?

Read more at The Daily Beast.

 

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  • BuzzCoastin

    pot use and the price of will likely drop after it’s decriminalized
    just like it did in the Netherlands & Portugal
    and the reason the Netherlands became pot central
    was because pot was illegal elsewhere
    so there will be some who make a buck off the end of totalitarian oppression
    but not as much as they anticipated

    during prohibition
    there were double the number of Speakeasies after Prohibition
    then there were before Prohibition

    • http://www.facebook.com/sdphoto35 Steven Davis

      Dude why u trolling the disinformation pages learn how to not say something about everything.

  • rtb61

    Boom crop. Natural fibre clothing and paper. Seeds in food and beer. As well as a range of happy food. All beyond just joints. A global boom crop to, hmmm, help pacify workers.

  • Nano
  • Kai

    The prohibition of marijuana just doesn’t make sense in our world. It is common knowledge that the prohibition of hemp began as a political movement to support the timber industry in a time, when the production of hemp-based fiber products was seen as a threat to a large industry. I see it more as a politically poor judgement, which served to make a few politicians rich, but weakened the sovereignty of the participating governments who pushed such legislation.
    The Art of War states that to effectively rule a people, you need to keep their heads empty and their stomachs full. This tome of management strategies has proven effective since it’s inception, well over a millennium ago. Hemp is an easy key to achieving this goal. The use of marijuana as a drug reduces stress and anxiety, and essentially has a temporary effect of reducing argumentative tendencies. This makes it a great way to reduce the lash back of a disgruntled society.
    When you eat a feast, such as Thanksgiving dinner, you tend to want to just relax afterward. Smoking marijuana makes you hungry, which increases the likelihood that you will eat to satiation, which causes you to feel happier, thus less likely to entertain any ideas of dissatisfaction with your environment.
    The commercial applications of hemp also increase the available food supply, through the utilization of hemp seed, which can be used for cooking oil, flour, and many other culinary applications. It also provides a cheap source of strong fiber without the risks or costs of timber or cotton utilization, which in turn provides more free capital to related industries, leading to the ability to pay better wages and/or reduce prices on textile goods.
    Everyone sees that our world is in economic peril, and struggles with a global food shortage. Utilization of hemp can solve these problems with a far cheaper cost than any other proposition, currently offered. The result is a world of happier people, not just from the mood enhancing effects of marijuana, which is just one set of hemp subspecies, but from the supply of sustainable raw materials that can inject new blood into our failing economies, world-wide.