Cannabis has a long history, both in terms of where it is located and what it does. Currently, cannabis is used throughout many countries as medicine.
As of recent years, cannabis has been made into a legal commodity. This has led to increased demand and more investment into growing cannabis plants and extracting cannabinoids and other compounds.
However, this has also created more opportunities for corruption, as people gain money and power without being truly working hard. This can lead to internal conflict and abuse, both of which negatively affect the quality of the drug and people who consume it.
This article will talk about the different ways drugs are made, how they impact local economies, and whether or not we think this is a good thing.
History of cannabis
Over the past decade, cannabis has gone from a forgotten plant to a mainstream commodity. Today, it is widely available and recognized as a versatile and important crop.
Cannabis has been used for centuries in Europe and Asia to treat diseases and other ailments. During the Spanish Inquisition, people who practiced cannabis were considered heretics. This led to the term herbicide-resistant cannabis, which refers to plants that are tolerant of certain herbicides such as Roundup®.
During World War II, cannabis was highly regarded as an anti-tuberculosis drug.
The journey of cannabis
For most of human history, marijuana was a vital part of life. From being used as an agricultural staple, to being consumed as a fuel and medicine, cannabis was important.
In the early days of agriculture, people cultivated hemp together to use as rope and fabric. As culture changed and people became richer, hemp became a symbol of wealth and prestige.
As time passed, more people perceived hemp as nothing but a drug and people stopped believing in its medicinal properties. This is sad because earlier in its history, when it was still used for something good, people would have many years to benefit from it.
Since the 1800s, cannabis has been designated as a Schedule 1 drug which means it is illegal to have or sell in the United States. This includes both legal sales and grow operations.
Growing process
As mentioned before, cannabis needs warm weather to thrive. Therefore, it is important to make sure your plant gets adequate light and temperature.
Most plants are between twelve and sixteen months old when they come out of their silky smooth infant stage. This is when they are just beginning to develop leaves and eventually stem and branches.
When these plants are in their early stages of development, it is important to take care of them. You must ensure that they are not over-watered, which can lead to dryness or botrusement. You must also check on them often to make sure they do not get any injuries, such as water damage or root rot.
Processing plant
The first step in producing cannabis is processing it into something you can sell. This can be turning it into CBD oil, dabs, or flower.
Depending on how you process it, some steps in producing cannabis differ greatly from grow to grow. Some take place in the indoor space, while others take place outdoors.
However, all of these processes emphasize two things: value-added processing and marketing-led innovation. Processing has played a huge role in determining who produces cannabis and what they produce.
As we learn more about value-added processing and the role marketing plays in it, this article will explore its implications for local economies.
Distribution methods
When cannabis is ready to be sold, it can come in a variety of ways. Some grow operations maintain a large supply of plants that are distributed through local farmers markets, state farms, and U-haul sites.
Others purchase wholesale and have their plants supplied directly to the retailer. In either case, the plants must be inspected and approved by the retailer before being placed in stock.
Local farmers may also offer their crops for sale at growers’ events or through a website.
Impact on local economies
Increased demand has steadily increased the size of the cannabis industry, leading to more opportunities for people in rural communities to make a living by growing or selling cannabis.
By providing employment and investing in local economies, the cannabis industry has a significant impact. According to a 2017 report by the National Cannabis Industry Association (NCIA), there were over 6,000 jobs linked to the cannabis industry during that year, with an average salary of $70,000 per job.
These job seekers come out of the closet as growers and shopkeepers, introducing more culture and diversity into communities. People from all different social backgrounds join together as consumers due to exposure through cultivation or sales.
These individuals are changing how people view marijuana as well as their community’s economy.
Effects on consumers
As more people begin to try marijuana as a form of relaxation, they begin to seek out more information about it. This is not surprising as more people are becoming aware of its benefits.
Many media outlets and popular weed channels such as YouTube and Instagram offer frequent updates on new products and services designed specifically for consumers looking for higher quality or different strains, discreet packaging, and reviews.
This goes along with popular daily use apps such as Google Maps for Weed App or Weed App for iPhone/iPad. Users can easily find places that sell cannabis, whether online or in person.
This new audience that is coming into contact with marijuana is growing by the day! It will only be a matter of time before someone buys it because of the quality or their needs.
Legalization implications
As more states pass legalization bills, more businesses will enter the market to cater to customers who want to legally purchase cannabis. This will increase demand and increase the price of cannabis in your area!
If you’re already in business or are starting a business, be prepared for increased costs as you continue to expand. You will probably have to start paying higher royalties from day 1 because of increased public awareness and regulation.
Some companies may not respond well to increased scrutiny or public opinion about how it handles its product. More people buying your product will not prevent issues with supply and demand, but it may lead you to pay more per gram or ounce!
If you are starting a new company, be prepared for decreased funding or expansion opportunities due to increase in regulation.
