by Sandra M. Hawkes
The legalization of marijuana in the United States has the potential to strike terror into the hearts and minds of many while creating a new nouveau rich class for those savvy enough to discern the difference between propaganda and profits. The carefully crafted images of lazy pothead smoking hippies in the counterculture of the 1960’s to the indie film ‘Fritz the Cat’ circa 1972 and current day ‘Snoop Dogg’ gin and juice pot smoker have all contributed to a mindset that marijuana is the gateway drug to drug addiction and immoral behavior. A new study published in the journal Drug and Alcohol Review found that people are increasingly substituting prescription medication, alcohol, and illicit drugs with cannabis, signaling a shift in the public’s understanding of marijuana’s medicinal benefits. The replacement of drugs like Adderall, Ambien, Vicodin, Xanax, and Zoloft without their disastrous mental and physical side effects is reason enough for millions of people to rethink their ‘drug of choice’.
Recent studies by Johns Hopkins Medical School on the effects of medical marijuana on patients afflicted with anxiety, acute pain, migraine headaches, uncontrollable seizures, and other ailments clearly debunk and disproved the dangerous drug myth. So much so that legislation was passed to clear the way in the state of Maryland for the first medical marijuana clinics currently being dispensed by a select group of doctors with deep political connections and investors with deeper pockets to match. That legislation allowed Maryland to become the 14th state to decriminalize marijuana in 2014.
In February 2015 Anne Arundel Community College in Maryland launched a course: “Entrepreneurial Opportunities in Emerging Markets: Marijuana Legalization” with full enrollment to this day.
According to a CNN special on medical marijuana and other sources, in 2014 Colorado collected $76 million in total marijuana-related taxes, and it had collected an additional $87 million from January through August of 2015 — and much of that revenue went to schools. Indeed, the state collects more from marijuana taxes than from alcohol taxes. In Washington D.C. there are posh spaces in night clubs that allow people to fire up that joint via vapes, or consume marijuana laced edibles. Even the VA (Veterans Administration) has approved the use of medical marijuana for PTSD treatment for veterans. Los Angeles tops the nation in the number of people deemed “chronically” homeless and wants to tax medical marijuana to solve the homelessness problems. The November election will determine the outcome.
This new ‘gold rush’ to harvest the benefits of medical marijuana has and is quickly being financed and invested in by those with the connections and insight to’ harvest the gold’ medical marijuana and related by products presents. Not to be left out of the gold rush game, big Pharma has already secured several patents. Marijuana producer Tweed paired up with weed-smoking, gin-and-juice sipping Snoop Dogg in a deal that will grant the Ontario-based company exclusive rights to use certain content and brands owned by the rapper’s company, LBC Holdings. In exchange for the rights, Tweed will pay Snoop Dogg an undisclosed amount in cash and stock.
For those who choose this route, there are many options available in this ‘nouveau gold rush’ including bud tender, grower, medical dispensary, edible creations to investing in companies who do the work. In America we all know wealth is the name of the game. What you choose to do is up to you.
In the words of Rick James – ‘fire up that joint’ and settle for a temporary high or enhance your bottom line through medical marijuana it’s all up to you.
Sandi Hawkes, CEO – GetWrite4U, LLC is a Freelance writer based in Gaithersburg, Maryland.