Cannabis

What’s Next For Legal Marijuana

Published

4 weeks ago

November 6, 2024

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Going into 2025, the cannabis industry will have to be more limber.

The election is done and Donald Trump will be returning to the White House and Republicans having greater control in Congress. The election showed the majority of people want recreational in Florida, Nebraska will finally have medical marijuana, and cannabis wasn’t a deciding factor in swinging votes. With the House firmly in Republican hands, Mike Johnson has greater power to battle legal cannabis, but don’t count the industry out yet.

Nebraska, passed two ballot initiatives to legalize medical marijuana and regulate the industry on Tuesday. A whopping 67% of the public said yes, which is great for a traditional lyconservative state. Nebraska was one of the few holdouts for medical marijuana. The legality of the ballot initiatives is being questioned regarding discrepancy over fraudulent signatures and fraudulent notarizations. It is a civil case with a ruling expected after the election is cleared up. The Governor spoke out against cannabis. Those arguing on behalf of the petitioners said there was no “clear and convincing evidence” of fraud, and throwing out entire petitions would punish thousands of Nebraskan voters. If the cannabis backers and voters win the civil suit, medical marijuana should start by the end of 2025.

While the initiative failed to reach the 60% of votes needed in Florida, it garnered an impressive 56% of public support. Showing the population of the sunshine state is for fully legal weed, but could be 4 years until it is available. There are issues are Governor DeSantis use of public assets to combat the issue, so my legal wrangling in Florida.

A portion of the industry supported the incoming president, but the biggest industry influence for the upcoming administration will be alcohol and pharmaceutical companies. Alcohol alone is probably one of the biggest investors in the industry with over $13 billion. Wana Brands, which is partial owned by Constellation, launched hemp gummies that can be sold in most states and are as effective as THC gummies. A smart expansion of their products.

Cannabis is popular with the public with Pew Research saying 88+% of the population supporting legalization in some form. Even the traditional AARP has come around to extoll the medical and wellness benefits of the plant. A clearer pathway will be laid out in December with the DEA rescheduling.

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Amazon

Should You Mix Up Online And In-store Shopping This Weekend

Published

3 days ago

November 29, 2024

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On the first holiday weekend, should you mix up online and in-store shopping? Well, there is definitely benefits for both – including Target’s new tie-in promotion.

Black Friday is With average holiday spending expected to reach over $1,000, it is important to capture the customers. Twenty years ago, malls were packed and the news reported Karen’s gone wild in an effort to snag shopping deals. Now things are easier with online shopping, but in-store experiences remain crucial. This year 26% of consumers plan to shop primarily in person for the holidays, while 51% plan to do both in-person and online. As usual, retailers offered early discounts and unique shopping experiences to bring people into brick and mortar.

In 2024, the Black Friday shopping landscape has evolved dramatically, presenting consumers with compelling reasons to choose both online and in-store shopping experiences. Each approach offers unique advantages that cater to different shopper preferences and priorities. Online shopping continues to gain momentum, with 75% of shoppers planning to make purchases digitally in 2024.

green smoke on dim light

The benefits are easy and they’re rarely a need to deal with a long line (except for very hard, limited release items). Shoppers can browse and purchase from the comfort of their homes. It provides access to extensive product catalogs across multiple retailers and easy ability to compare prices instantly.

Despite the digital surge, in-store shopping lends itself to being more festive and provide a longer, interactive experience. Shoppers have the ability to try on clothes, test electronics, and physically examine items and are three times more likely to make spontaneous purchases in-store. Usually food purchases from coffee, lunch to drinks are involved and it is considered a full activity. And shoppers arrive home with packages.

Many consumers are adopting a hybrid approach. For instance, some shoppers visit physical stores to try products and then complete purchases online. Retailers are adapting by offering exclusive in-store experiences, like Target’s Taylor Swift album release and special giveaways. Many wine and liquor stores offer tasting and marijuiana dispensaries offer specials on products.

And the reason we call today Black Friday is thanks to the Philadelphia police department. Department stores in the city would hold huge sales to capitalize on the large crowds ahead of the Army/Navy football game. Vast crowds caused havoc for police and forced them to work harsh, extra-long shifts, resulting in them dubbing the day Black Friday, both to express their dislike of the day and to try and reduce visitors by making it sound less appealing.

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alcohol

Ready For Green And Blackout Wednesday

Published

5 days ago

November 26, 2024

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The day before Thanksgiving has the honor of being two of the biggest consumption days of the year – are you ready?

While some people are prepping for Thanksgiving Thursday, the big feast and the holiday season afterwards, a significant amount are looking forward to Wednesday. The day before Thanksgiving has become a mini-holiday in its own right. It has become a time of robust celebration, so much it is known as Green Wednesday and Blackout Wednesday. It is a significant consumption day for both marijuana and alcohol imbibers.

Blackout Wednesday, also known as Drinksgiving, has grown to rival major drinking holidays like New Year’s Eve and St. Patrick’s Day in terms of alcohol consumption. And cannabis is not far behind seeing a big spike in dispensary purchases on the same day. As legal cannabis moved across the nation, it caught on and gave options to people who want to “unplug” at the start of the holiday weekend.

green smoke on dim light

Green Wednesday is a cannabis-centric moment the Wednesday before Thanksgiving. In in 2016, the phrase was coined when California cannabis delivery service noticed a significant uptick in orders the week before Thanksgiving. With over 50% of the country having access to legal weed, each year has only gotten bigger!

“Last year’s Green Wednesday had sales 72% higher than the average day. Flower accounted for 39.5% of sales with Vape at 23.7%, pre-rolled at 16.9% and edibles at 10.6%. Pre-rolled showed the biggest increase compared to the week before when it accounted for only 11.9%, so sales on Green Wednesday of pre-rolls specifically, were more than double a normal day.” shares Roy Bingham, Co-Founder and CEO of BDSA, one of the cannabis analytics firms.

The original partakers start Blackout Wednesday, also known as Drinksgiving or Thanksgiving Eve. They helped make it become a significant cultural phenomenon. This unofficial holiday takes place on the Wednesday before Thanksgiving and has gained notoriety as one of the busiest drinking nights of the year. The exact origins of Blackout Wednesday are not precisely documented, but the phenomenon is believed to have started decades before it was named. The term “Drinksgiving” dates back to 2007, while the first Google searches for “Blackout Wednesday” were recorded in 2014.

If you choose to celebrate, be safe, have fun, and have the ingredients for a hangover cure come the morning.

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ADHD

Professional Poker And Marijuana – The Fresh Toast

Published

6 days ago

November 26, 2024

admin

There is big money at stake and everyone wants an edge to focus and win. So what about professional poker and marijuana.

The relationship between professional card playing and cannabis use is a topic of debate among players and enthusiasts. So what is up with professional poker and marijuana? There are roughly 3,000 full-time poker and 30,000 semi-professionals in the US and Canada. Around 60% of full-time professional poker players are online players with the median total pay for a professional poker player between $82K – $110K per year. But globally about 100,000 play online poker every day. This means the industry is valued at $59.35 billion in 2022, and is expected to grow to $155.36 billion by 2030. The World Series of Poker (WSOP) talks place in Las Vegas. Sin City is also home to Planet 13 the largest marijuanal dispensary and soon to be Cannabition, an elevated immersive experience.

Done correctly, some studies show cannabis can help concentration, which can be a benefit in poker, a game requiring intense focus and attention to detail. Some players continue to drink which can impair judgment. Marijuana use has been used for therapeutic treatments being particularly helpful in limiting distractions and helping with focus and ADHD medication side effects. However, while it can be helpful for some individuals, much of the research online advises against its use as a primary treatment option.

In the card playing word, players argue cannabis can negatively impact decision-making at the poker table. It may lead to playing on autopilot, reducing the depth of thought required for strategic decisions. Others believe it helps with emotional control, such as calming nerves after a bad beat, which can prevent tilt—a state of emotional frustration that leads to poor decisions.

Some players use cannabis for its stress-reducing properties, which can help manage anxiety and improve overall well-being during long poker sessions. The calming effects of cannabis might benefit players who struggle with stress or anxiety, potentially improving their performance by maintaining a clear mind. This is similar to the only video gaming culture.

There are anecdotes of successful poker players who have competed while under the influence of cannabis or alcohol, suggesting that individual tolerance and experience play significant roles. The key is recognizing whether cannabis helps or hinders one’s ability to play optimally and making decisions accordingly.

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