Ten ways cannabis can revive a depressed economy – Cannabis | weed | marijuana

An economic winter is coming, but don’t worry; We’ve rounded up ten ways cannabis can revive a depressed economy.

When many people hear “cannabis,” they may think it’s a recreational activity or a medical necessity. And it is. But it’s more than that.

So while politicians will inevitably announce “boosts” and bailouts, the real solution will come from entrepreneurs in a free market.

And since Canada has already legalized cannabis, that’s a hurdle out of the way. Next, you should scrap any regulations that prevent cannabis from reviving a depressed economy.

Difference between hemp and cannabis

First, let’s briefly talk about the difference between hemp and cannabis.

Centuries of selective breeding have split the cannabis sativa genus into two identifiable crops: consumable cannabis and industrial hemp.

Hemp is possibly the most sustainable crop in the world. It is one of the fastest growing, requires little water and no pesticides.

It also returns nutrients to the topsoil. Topsoil erosion is a huge problem which, if left unaddressed, will result in billions of people dying of starvation before the end of the century.

Ten ways cannabis can revive a depressed economy

#10 – Hemp Biofuels

We have already covered this topic. Naysayers “debunk” this idea based on current cannabis strains. But that would be like calculating Canada’s current grain production using 19th-century wheat patches. They would conclude that we don’t have enough land to feed ourselves, let alone export.

Likewise, current hemp strains aren’t ideal for biodiesel, but that doesn’t make the idea impractical. Hemp can make biofuels that power cars and other goods. The transition to hemp reduces dependence on Saudi oil and restores Canada’s energy security.

And, of course, the production of biofuels creates jobs.

#9 – Industrial Hemp

Speaking of hemp, we can use it to make various industrial products. In fact, hemp was once the preferred choice for several consumer products. Consider the jobs created in manufacturing and construction through the production of hemp paper, textiles and building materials.

Entrepreneurs can create hempcrete, a sustainable building material made from hemp, lime and water. It is durable, fire resistant and energy efficient. We can use hempcrete in construction projects, creating employment opportunities in the construction industry.

#8 – Garment Industry

Currently, many of our garments are cotton based. Cotton requires pesticides that accumulate in the soil and contaminate drinking water. Also, Canada cannot grow cotton. We rely on the United States.

A hemp-based apparel industry not only creates manufacturing jobs, but also supports retail.

#7 – Hemp Plastics

Entrepreneurs can use hemp to make biodegradable plastics. A cannabis-hemp plastics industry creates jobs and helps revitalize a struggling economy, and it’s environmentally sustainable.

#6 – Food

Not only does cannabis help revitalize a struggling economy, but it can also alleviate food shortages. From protein bars to milk, the growth of the hemp food industry is creating jobs in agriculture and manufacturing, processors, and retail.

Ten ways cannabis can revive a depressed economy

#5 – Cannabis Tourism

Tourism is one of the first sectors to notice when people are short on cash. However, people don’t stop wanting a break from work. And in a weak global economy, cannabis tourism could be one of the more affordable options.

That’s why Canada is shooting itself in the foot with these “public health” approaches to legalization. We completely rejected the idea of ​​cannabis tourism. There are little to no consumption lounges, cannabis-centric hotels, or cannabis-infused restaurants.

Ditching the “public health” approach to cannabis legalization and liberalizing the laws will help revitalize an already depressed cannabis tourism economy.

#4 – Beauty Products

Which sector survives, even thrives, in economic recessions? beauty products. You can come up with all sorts of reasons why, but the fact is, the Lipstick Index shows how many women consider beauty products as important as food and home.

Entrepreneurs are already incorporating hemp oil into beauty products like lotions and shampoos. The growth of this industry creates jobs in manufacturing, retail and marketing.

Ten ways cannabis can revive a depressed economy

#3 – Research and Development

With cannabis reviving a depressed economy, you can make money on research and development. Cannabis and hemp research can lead to new discoveries and innovations in medicine, agriculture and manufacturing.

Create a cannabis strain that can survive Canada’s harsh prairie conditions and you could make millions.

#2 – Banking

Even in Canada, where it’s legal, cannabis banking remains elusive. The rationale is that Canadian banks are too exposed to the American market and don’t want to upset DC

But considering this global depression will result from fraudulent banking practices, perhaps the most critical way cannabis can revitalize a depressed economy is by taking the money itself.

Cannabis as money? It’s not as far-fetched as it sounds. Money came into being as a commodity that people liked to have. People love owning gold, but it also works as an effective medium of exchange.

Likewise, people like to use cannabis, but like cigarettes in prison, grams of cannabis have an exchange value that brings in real money.

Cannabis hashcoin to revive a depressed economy? Stranger things have happened…

Ten ways cannabis can revive a depressed economy

#1 – Farming

Of course, the best way cannabis can revitalize a depressed economy is through farming. Canada is one of the largest agricultural producers and exporters in the world. We should use hemp as a crop rotation to improve soil health and prevent erosion.

According to the 2016 census, there are 193,492 farms in Canada. The average Canadian farm is about 800 acres. To revitalize a struggling economy, we’re relieving pressure on the agricultural sector by lowering taxes and regulations on these operations.

Even communist Cuba, when shit hits the fan, realizes you need a free market in agriculture. Canadians can support their farmers and future farmers by reducing financial burdens and providing incentives for hemp and cannabis production.

Ten ways cannabis can revive a depressed economy

These aren’t the only ways cannabis can revitalize a depressed economy. And obviously none of these proposals will work if the Canadian government continues to increase income, capital gains, sales, hotels, employment, carbon, airports, natural resources, businesses, tolls, car tires, guns, fuel, schools, cannabis, alcohol, payroll, customs and imports.

Once upon a time, Canadians knew they couldn’t compete with the US economy. So our politicians focused on making sure our business environment was friendly. That our taxes were lower.

As the Royal Commission of 1940 reported, “The British North American governments did not concern themselves with the day-to-day regulation of the people’s daily occupations… They took seriously their responsibilities for the defense and maintenance of internal order, but they discharged them with spare care.”

We’ve clearly lost that Canadian tradition. In order for cannabis to revive a depressed economy, we need to revitalize that idea as well.