Connect with us

Cannabis

CannaTravel – Singapore: Pros and Cons – Cannabis | Weed | Marijuana

Published

on


CannaTravel – Singapore: Pros and Cons.

Because when it comes to Singapore, there are 100 reasons to go and even stay. But for cannabis consumers, there are two substantial problems. And that’s putting it lightly.

One, they have the death penalty. No state has the right to kill you. Second, their drug war is murderous. Literally. Someone just got the death penalty for selling cannabis.

And it wasn’t the first time.

Singapore sucks for stoners. Full stop. They will kill you. Cannatravel in Singapore is a definite con.  

But what about the pros? What makes Singapore unique among the nation-states of the world? It’s #5 in anti-corruption, #2 for doing business, and #1 in economic freedom,

Suppose Americans and Canadians can replicate this success in their local jurisdictions. In that case, cannabis consumers in Singapore won’t have to fear for their lives. They can just come here and enjoy the same standard of living but with even more freedom.

Singapore: A Brief History

CannaTravel – Singapore: Pros and Cons

Singapore. Just one degree above the Equator.

Founded as a British colony in 1819, the Brits ruled the island for 144 years. When they left in 1963, the people of Singapore joined up with their closest neighbour: Malaysia.

But this prejudice against small states is an old relic from the 19th-century era of European empire-making. From German Unification to Italian Unification to the post-Civil War U.S. government and Canadian Confederation.

We all know how a more centralized Germany and Italy turned out. Or how the U.S.’s empire stretches worldwide, undermining national sovereignty for those opposed to its crony-capitalism.

You might think Canadian Confederation was benign, but I can assure you it was not.

Fortunately, Singapore’s problems with Malaysia didn’t prevent them from rooting out this bias. 

Singapore’s residents wanted more autonomy within Malaysia. Malaysia felt like its national identity didn’t include the island of Singapore. It was a mutual divorce.

So how did this little island with virtually no natural resources succeed and thrive in the global economy?

Adam Smith asked the same questions in 1776 about European prosperity. Critics straw-man his description of the market as an “invisible hand” like it’s some voodoo magic. But it’s the current year; we have an explanation of what this “invisible hand” is.

We know why Singapore succeeds while countries like Canada and the U.S. stagnate.

CannaTravel – Singapore: Pros 

CannaTravel – Singapore: Pros and Cons

Singapore attracts foreign capital. I could say, “capital is what makes the world go round,” but capital is the world. 

You can have all the technology and the know-how. All the best experts. But without particular factors of production arranged at a particular time in a particular place for a particular end: you’ve got nothing.

Literal poverty.

Capital comes from deferring consumption; income that is either saved or invested.

Many Western economists think consumption drives the economy. But that type of economics is pure astrology. Consumption is the end goal of an economy.

An economy is like building a house. You need a solid foundation. Digging a hole and pouring concrete is like saving and investing your income.

Western central banks and governments have removed the house’s foundation and used its materials to renovate the top floors. The result will be a collapse of the entire thing.

Before that happens, let’s examine Singapore’s pros more closely. What makes Singapore a success? Unilateral free trade, a liberal commercial policy, and a free port.

Of course, the entire island could be considered a free port. Its strategic location makes it one of the busiest ports in the world. And without the need to pay customs duties or taxes, Singapore is a major centre for international trade and finance.

Whenever people demand governments make the rich pay their “fair share,” the wealthy move to Singapore. It’s the middle class that gets thrown under the bus.

But I’m sure many wealthy Americans and Canadians would love to return to their home countries and invest in opportunities if or when these countries adopt more “Singaporean” principles.

CannaTravel – Singapore: Cons 

Of course, as mentioned, regarding cannatravel in Singapore, there is a significant downside: they’ll kill you for cannabis.

If I were a former Vancouver mayor, I would call it genocide against stoners. But the Oxford Dictionary is pretty clear on the definition of genocide. So let’s call it what it is: murder.

Singapore authorities embrace the free market culture. Except for cannabis-related businesses. For that, you get murdered over.

CannaTravel – 5 Ways to Make North America Great Again

CannaTravel – Singapore: Pros and Cons

Singapore is a murderous police state for the cannabis consumer and the canna-curious. These residents may wish to relocate if things don’t let up soon. 

Would immigrant-friendly Canada and the United States welcome them? Would they even want to come?

The U.S. and Canadian governments are significantly more interventionist than Singapore. Singapore residents may wish to maintain their level of economic freedom.

So what are five ways to bring Singapore’s pros to North America?

Economic Freedoms

Singapore is business-friendly—low taxes, minimal regulation, and a bureaucracy that isn’t self-serving. Canada and the U.S. have to follow suit.

Right now, that’s next to impossible to conceive. But a deteriorating standard of living is already getting the masses anxious. A spooked ruling class might start implementing Hayek over Keynes.

National Divorce

An efficient bureaucracy is an oxymoron. But one way to rein in administrative law is by reducing the geographical power of politicians, bureaucrats, and technocrats.

Compare the geographical sizes of the three countries. Canada and the U.S. take up nearly an entire continent. Singapore is a small island city-state.

Of course, smaller states are more efficient. Why do you think the USSR fell, but Cuba and North Korea are still around? Even Europe could do with much more decentralization.

Education 

Singapore spent a lot on getting a highly educated workforce. Canadian and U.S. governments have spent enough on education. If we want to foster a culture of innovation and entrepreneurship, we must shut down government schools.

I suggest a camp model. You know, in the summer, you send your kids to specialty camps like gym camp, arts and crafts camp, outdoor survival camp, etc.

Well, have those go year-round. And expand them to the three Rs.

It’s not like teachers are going anywhere. And they’re not all ideologues. Now they can make money in the private sector based on merit and skill as determined by the children’s parents.

Most parents, surprisingly enough, want their children to be smarter than they are. Government schools will never do this. Government schools just keep dumbing us down, thereby creating “the masses” that need “governing.”

Tax Incentives

All states survive on taxes, and so does Singapore. But Singapore has no capital gains tax, no sales tax, or inheritance tax. The income tax starts at 0% and ends at 22%.

Like most governments, the income tax includes incentives. Unlike many governments, these incentives actually encourage innovation and entrepreneurship.

Canada and the U.S. should scrap their tax codes and take a look at Singapore’s. (Or just scrap their tax codes, period.)

Sustainable Development

Singapore’s government is spending money on renewable energy and water conservation. Canada and the U.S. could do one better: use their rediscovered economic freedoms to create a hemp industry the likes the world has never seen.

Where entrepreneurs develop new hemp strains to mass-produce for fuel. Where hemp replaces polyethylene. And where Singapore realizes their cannabis policy is out of the fucking dark ages. 





Source link

Cannabis

White House Finally Comments On Marijuana Industry

Published

on

By


Part of the cannabis industry supported the new president, betting he was going to move and move quickly on cannabis – the White House finally commented.

The cannabis industry has been a boon for consumers, medical patients, veterans and legal states, but for the thousands of mom and pop businesses is has been a roller coaster.  With a huge demand, it would seem to be easy money, but the federal, tax, and banking restrictions have made it difficult to grow and expand. Part of the industry were all for the new administration assuming they would support positive change, but many in the new cabinet and the House Speaker Mike Johnson are foes.  Now the White House finally comments on marijuana industry…and it doesn’t show a clear path.

RELATED: Music Is A Turn On Like Sex And Marijuana

The administration’s current stance on marijuana reform is marked by inaction, despite campaign promises and earlier signals of support for cannabis-related reforms. A White House official recently confirmed that “no action is being considered at this time” regarding marijuana policy, leaving advocates and industry stakeholders uncertain about the administration’s priorities.

During his campaign, the resident expressed support for rescheduling marijuana under the Controlled Substances Act (CSA), which would move it from Schedule I to Schedule III, easing restrictions on medical use and enabling cannabis businesses to access banking and tax benefits. However, since taking office, no concrete steps have been taken to advance this initiative. A DEA hearing on rescheduling, initially planned for January 2025, was postponed due to procedural appeals and remains unscheduled.

The president has also voiced support for state autonomy in cannabis policy and endorsed state-level legalization initiatives, such as Florida’s failed 2024 ballot measure for recreational marijuana. While this reflects a more favorable stance compared to his first term, his administration has yet to prioritize federal reforms like the SAFE Banking Act, which would facilitate banking services for cannabis businesses. Efforts to include such measures in a government funding bill late last year were unsuccessful.

The delay in federal action has significant implications for the cannabis industry. Rescheduling marijuana could alleviate financial burdens by eliminating restrictions under IRS Code Section 280E and promoting medical research. However, the stalled process leaves businesses navigating regulatory uncertainties and limited financial access.

RELATED: The Science Behind Why Music Sounds So Much Better When You’re High

While stakeholders continue lobbying for reform, the administration appears focused on other priorities such as immigration and foreign policy. Advocates hope the President will leverage his influence to advance cannabis reform, but for now, the issue remains sidelined. Until then the industry struggles and waits.



Source link

Continue Reading

Cannabis

This State’s Cannabis Revenue Keeps Pouring In

Published

on

By


States are starting to scramble with looming budget deficients, but marijuana is a boon to some – especially one state.

The new federal administration is revamping how the government operates. With Doge, they are changing agencies and reducing services and support of states, which has left budget deficients in many. But some states have legal marijana and it has been a boon, for like alcohol…people are still consuming. States who are fully legal are making more money on weed than booze and this state’s cannabis revenue keeps pouring in. Missouri, the show me state, is being shown unexpected revenue.

RELATED: Mike Johnson And Marijuana

“Due to a strong cannabis market and effective, efficient regulation of that market,” Amy Moore, director of the Missouri Division of Cannabis Regulation, told The Independent this week, “the funds available for the ultimate beneficiaries of the cannabis regulatory program continue to outpace expectations.”

Funds will help veterans and other key projects. The other benefit is as seen in data from legal states, teen use is down so it frees up some other funds.  Legal states are seeing benefits from legal cannabis including lower teen use and crime reduction.

States with legal cannabis are experiencing a significant boost in tax revenue, surpassing those generated by alcohol sales. This trend highlights the economic benefits of marijuana legalization, as cannabis markets expand and mature.

In California, cannabis excise taxes have consistently outperformed alcohol-related taxes, bringing in over double the revenue. Colorado has seen even more striking results, with marijuana tax revenues totaling seven times those of alcohol. Similarly, Massachusetts has collected more tax revenue from marijuana than alcohol since fiscal year 2021, marking a notable shift in state finances.

RELATED: Marijuana Use And Guy’s Member

Nationally, legal cannabis states generated nearly $3 billion in excise taxes on marijuana in 2021—20% more than alcohol taxes. By 2024, total adult-use cannabis tax revenue exceeded $20 billion, with states like Illinois and Washington reporting record-breaking contributions. Illinois alone collected $451.9 million from cannabis taxes in fiscal year 2022—one-and-a-half times the revenue from alcohol.

The funds are being put to good use. States like Illinois are channeling marijuana tax dollars into mental health services and community programs, while Colorado has invested nearly $500 million into public education. California has allocated millions to nonprofits addressing the impacts of the war on drugs.

This growing revenue stream underscores the potential of cannabis legalization to support vital public services and bolster state economies. As more states embrace regulated marijuana markets, the financial benefits are expected to continue flourishing.



Source link

Continue Reading

Cannabis

Mixed Messages From The Feds About Cannabis

Published

on

By


The federal administration is all over the board around fed cannabis policy…and millions of patients are worried.

The industry employees over 440,000 workers at all lives and is driven in a large part by mom and pop businesses.  Millions use medical marijuana for health issues ranging from chronic pain to sleep.  But there are mixed messages from the feds about cannabis, and people are very worried. The federal government’s stance on marijuana has become increasingly complex, as recent developments show conflicting approaches to the drug’s potential benefits and risks. On one hand, there’s a push for research into medical marijuana for veterans, while on the other, a campaign against cannabis use is being launched.

RELATED: Music Is A Turn On Like Sex And Marijuana

The juxtaposition of initiatives highlights the federal government’s inconsistent approach to marijuana policy. While some departments are exploring the potential benefits of cannabis, others are actively working to discourage its use. This dichotomy is further exemplified by ongoing legislative efforts. For instance, Rep. Brian Mast (R-FL) has reintroduced the Veterans Equal Access Act, which would allow VA doctors to recommend medical marijuana to patients in states where it’s legal. Meanwhile, documents from an ongoing lawsuit suggest that the DEA may have weighted the marijuana rescheduling process to ensure rejection of moving the drug from Schedule 1 to Schedule 3.

Photo by yavdat/Getty Images

The Department of Defense (DOD) has allocated nearly $10 million in funding for research into the therapeutic potential of MDMA for active-duty military members. This initiative, driven by congressional efforts, aims to explore MDMA’s effectiveness in treating conditions such as post-traumatic stress disorder (PTSD) and traumatic brain injury (TBI). Rep. Morgan Luttrell (R-TX) expressed pride in this development, stating that it could be a “game-changer” for service members battling these combat-related injuries.

Additionally, a bipartisan effort in Congress has been pushing for VA research on medical marijuana for PTSD and other conditions affecting veterans. The VA Medicinal Cannabis Research Act, introduced in both the Senate and House, would mandate studies on how cannabis affects the use of addictive medications and impacts various health outcomes for veterans.

RELATED: The Science Behind Why Music Sounds So Much Better When You’re High

In stark contrast to these research initiatives, the Drug Enforcement Administration (DEA) has partnered with an anti-cannabis nonprofit to launch a social media campaign targeting young people. The campaign, set to run ahead of April 20 (4/20), aims to “flood” Instagram with anti-cannabis content. The DEA is offering monetary incentives to students for creating and posting anti-THC videos, with payments ranging from $25 to $50 depending on the type of content produced.

This approach has raised eyebrows, as it seems to contradict the growing acceptance and legalization of marijuana across the United States. Critics argue that such campaigns may be out of touch with current societal trends and scientific understanding of cannabis.



Source link

Continue Reading
Advertisement

Trending

Copyright © 2021 The Art of MaryJane Media