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The High Cost Of Cannabis Regulation

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Cannabis has the potential to bring thousands of jobs to the market.

The High Potential for Cannabis

Cannabis can be used not only to help make thousands of products but it will also help to bring new life to farms that are suffering and create countless jobs. Aside from bringing new quality of life and healing to millions that use it for a myriad of reasons.

What sort of jobs might come along with cannabis legalization?

Think of all services that might be thought of or required. For example, insurance will be needed for cannabis stores and growers, they will need security and marketing services, delivery services, there will be online stores, physical stores, and all individual sellers making products being sold in those stores.

There will be a need for customer service jobs for any cannabis company, cannabis-themed weddings, parties, and tours etc, it's a huge market.

As well, people who have years of experience and knowledge of growing and working with cannabis, regardless of any lack of formal education for it, they will be able to market that skill and sell it to companies that are looking for that advantage and expertise.

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One of the fastest growing markets for cannabis right now is the CBD market and the edibles market, with edibles containing both THC and CBD, or one or the other. CBD edibles are one of the fastest growing markets, specifically gummies.

But every rule the government imposes gets in the way

They create one more barrier with each restriction that people must pass through in order to serve their communities or fulfill their business goals.

It is a very complicated market because of the federal restrictions and the newly imposed rules, it continues to change and it isn't simple to get started.

Every new piece of regulation is going to mean more cost to those getting into the market.

It means a higher cost for those who want the products and services coming from that market. It's unnecessary violence being imposed by the government that reduces our options in the market and we can see that very clearly throughout the cannabis market and other areas of the economy.

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Not only do the rules make it more costly but their inefficiency in trying to impose those rules is also highly costly to businesses too. Whether it be people suing over unfair license practices being used or losing millions in business while they wait to get the green light from government officials who aren't concerned with customer satisfaction whatsoever, there is more cost than you might anticipate because of government regulations.

What the cannabis market needs is more freedom, decriminalization, less interference from the government.

Millions of people are turning to cannabis to get help with anxiety, depression, PTSD, pain, and a host of other issues, and the government makes things worse with their nonsensical and overbearing edicts that they impose. It's unnecessary and counterproductive.

Pics: pic1 via The Conversation pic2 via MedMen pic3