Category Archives: Finance

Activate now – Field Notes

Cultural broker’s first job is to listen. We cannot do our job if we do not listen. Take precise notes for review. Being in service to the community brings out a constructive output. Let’s listen to the youth. We strive for a natural resolution with confidence.

Who is your audience? How do we reach your audience with a minimal and with a precise message?

Implementing ideas and concepts holds the amount of importance as our first job to listen. Below are the steps of a cultural broker:

  1. Listen
  2. Interpret
  3. Execution
  4. Review

Jealousy and Pride are within us, recognized the feelings when we see others work and when we execute our work.

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Energize vs. Excitement

We want to be energize more like battery on electronic device ready to fulfill their tasks. Excitement sounds more chaotic to be less in controlled the energized.

Cultural Broker + Cultural Curator

Sharing and communication of culture. D&F

Connecting different cultures around the world.

Culture is divided into three categories as listed below:

  • Lifestyle (Examples; Sports, Geography, Hobbies and Finance)
  • Traditions (Examples; History, Religion, language and Government)
  • Identity (Examples; Food, Music, Art and Design)

Cultural brokers have to travel.

Coffee School in Sao Paulo – Escola de Cafe en Sao Paulo

Coffee has high levels of acidity.

Interpretation is a perspective after you have listened and taken notes.

Online store is always growing.

Thankful for everything, espcially my health.

Writing about seducing women can be whole blogg website on its own.

Build school for like minded individuals who want to learn about other cultures and share theirs .

Culture School | Coffee Place | Restaurant

Lifestyle curator _ Art curator

When in Sao Paulo in the Pihinerios area you have to visit a bar called No Name. Its dive a bar the food and location are great. Its right across the Federique Couthino metro station.

Ask for a table outside if available. Order a cold beer and some mini pastel. And just sit there people watch I recommend around 5pm you see everyone heading home. Note beautiful women everywhere in Brazil.

no name bar is located Auriflana and Pinheiros .

Cultural broker has to listen first before anything, take accurate notes, and asking questions if the communication is not clear.

Helpful questions are

  • Clarification (example: may you clarify what meant in this particular part?)
  • Verification (example: verification of account # 12948sae44, is that correct ?)
  • Repetition (example: excuse may have repetition, I’m not sure I understood)

When I think of design sometimes i think about supercars like Lamborgihini or Ferrarri. Ask your self how would feel driving that type vehicle. I would ” Slick like a Gato” Jay-z

The lines of those vehicles are smooth and have a slickness to it. It would be an luxury experience. Culture is an experience. We are brokering experiences. We are brokering luxurious experience. We are brokering the human experience.

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harvard English Class Email

Dear Writers and Speakers,

Thank you so much for your interest in this course. Our world is saturated with images and visual seductions, with photos, feature movies, and films online. They’re immensely powerful. We all watch them, and so do I.

Yet, we still legislate with sentences and paragraphs, we debate with language, we worship with words, we teach by talking, and we conduct trials, town meetings, and neighborhood associations with dialogue and persuasion.

You’re about to begin study of a subject that is 2,500 years old and shows no sign of aging. It has lasted that long because it’s effective. It works. It gets things done in the real world.

Properly conceived, rhetoric—which embraces both written composition and public speaking—is not some hired gun, some way to persuade no matter what. It’s a practice—both systematic and artful—that asks us to consider questions of value, of right or wrong, guilt or innocence, knowing or ignorance. Good writing and speaking prompt us to consider these questions through ethical and sincere self-awareness, not only of our own views, but also of the views of those with whom we might disagree, even if we disagree strongly. Good rhetoric lives in the civic bedrock of democracy and social discourse, in the foundations of any organization or society that wants to hear the views of all of its members in order to decide how to act.

I hope that you find this course valuable. I hope it adds to the skills, awareness, and enjoyment that you bring to whatever activities and careers you are pursuing.

With warm best wishes,

James Engell
Gurney Professor of English
Harvard University

The next five factors involve economics or the organization of society:

  1. The ability of cheap slave labor in classical times supposedly discouraged innovation then, whereas high wages or labor scarcity now stimulate the search for technological solutions.
  2. Patents and other property laws, protecting ownership rights of inventors, reward innovation in the modern West, while lack of such protection discourages it in modern China.
  3. Modern industrial societies provide extensive opportunities for technical training, as medieval Islam did and modern Zaire does not.
  4. Modern Capitalist is, and the ancient Roman economy was not, organized way that made it potentially rewarding to invest in capital in technological development.
  5. The strong individualism of U.S. society allows successful inventors to keep earnings for themselves, wheres as strong family ties in New Guinea ensure that someone who begins to earn money will be joined by a dozen relatives expecting to move in and be fed and supported.

Guns, Germs, and Steel

The Fates of Human Societies – Jared Diamond

Necessity’s Mother

The best |FRUIT| company according to U.S. consumers.

The best fruit company is found on fertile grounds. Where do these fruitful fertile grounds exist? In botany, a fruit is a seed-bearing structure in flowering plants formed from the ovary after flowering. Fruits are how angiosperms disseminate seeds. A generalization for fruit is that they carried seeds as opposed to vegetables. Peppers, avocados, and tomatoes are considered fruits.

Why are fruits important?

While many studies look at fruit and vegetable consumption as a whole, there are a few studies that explore the benefits of fruits specifically. One review of nine studies found that each additional serving of fruit eaten each day reduced the risk of heart disease by 7% (29).

Another study showed that eating fruits like grapes, apples, and blueberries is associated with a lower risk of type 2 diabetes (22Trusted Source). Citrus fruits, in particular, can raise the levels of citrate in your urine, which lowers the risk of kidney stones (30Trusted Source). 

Increased fruit intake can also help lower blood pressure and reduce oxidative stress, which may decrease the risk of heart disease (31). Eating more fruits and vegetables is also associated with improved blood sugar control in people with diabetes (32Trusted Source).

Health is Wealth.

The general recommendation for fruit and vegetable intake is at least 400 grams per day or five servings of 80 grams. One 80-gram serving is equivalent to a small piece about the size of a tennis ball. For fruits and vegetables that can be measured by the cup, a serving is roughly 1 cup. Many studies are indicating that fruit intake is associated with a lower risk of many serious diseases, including heart disease, stroke, and type 2 diabetes.

Top producers of Fruit in the World

1. China 150 million tonnes

2. India 82 million tonnes

3. Brazil 37 million tonnes

4. United States 29 million tonnes

5. Spain 18 million tonnes

6. Mexico 17.5 million tones

It makes sense both of the top producers in the world are also the most populated countries. Brazil is known for its biodiversity because of the Amazon rainforest. The best |fruit| company according to U.S. consumers is a region, land, and country that serves it is inhabitants. I want to recognize the importance of the best |fruit | that goes under-appreciated. A modern-day philosopher named it America’s Cornucopia Horn for the United States.


America’s Cornucopia Horn is Mexico and the west coast of the United States are producing most of the fruits that Americans are eating. These fruits are found in local markets to world renowned restaurants and wineries.

Quality fruit turns into wine than into award-winning wineries in Northern California NAPA U.S. and in Ensenada Baja California Mexico. Check an upcoming post the Most Influential Fruit in History on Sunday’s blog post.

Quality fruit turns into guacamole than into an healthy appetizer in many award-winning restaurants-around in the United States.

Superfood |Fruit|Company.

It’s extra for avocado, is that ok? Yes, please.

America’s Most Beloved Imported Fruits

The following list showcases the top 15 imported fresh or dried fruits most in demand by Americans. Combined, these 15 fruit categories represent 88.1% of the overall cost of fruits imported by the United States in 2019.

  1. Avocados: US$2.9 billion (17.5% of US-imported fruits)
  2. Bananas not plantains: $2.5 billion (15.5%)
  3. Fresh grapes: $1.8 billion (11%)
  4. Fresh cranberries, bilberries: $1.4 billion (8.3%)
  5. Fresh raspberries, blackberries, mulberries, loganberries: $1356.8 million (8.3%)
  6. Fresh strawberries: $871.4 million (5.3%)
  7. Pineapples: $714.4 million (4.4%)
  8. Lemons, limes: $691.9 million (4.2%)
  9. Guavas, mangoes: $658.2 million (4%)
  10. Watermelons: $410.2 million (2.5%)

Top Suppliers by Continent and Country

By value, listed below in descending order are the top 10 countries that supplied 88.8% of total fruits imported by America in 2019.

  1. Mexico: US$6.9 billion (43.2% of US-imported fruits)
  2. Chile: $1.8 billion (11.1%)
  3. Peru: $1.24 billion (7.7%)
  4. Guatemala: $1.16 billion (7.2%)
  5. Costa Rica: $924.9 million (5.8%)
  6. Vietnam: $886.5 million (5.5%)
  7. Ecuador: $425 million (2.7%)
  8. Honduras: $369.1 million (2.3%)
  9. Canada: $338.7 million (2.1%)
  10. Colombia: $184.3 million (1.1%)

Leading U.S. imported fruits from Mexico are avocados and fresh strawberries. Grapes and blueberries are the most valuable fruits shipped to America from Chile and Peru. Bananas top the list of fruits imported from Guatemala, Ecuador, Honduras and Colombia.

Health Benefits of Avocados

Avocado is incredibly delicious and nutritious fruit. Simply with a hit of salt and lime it taste amazing. Avocados are high in antioxidants, including lutein and zeaxanthin. These nutrients are very important for eye health and lower your risk of macular degeneration and cataracts.

They contain more potassium than bananas. Potassium is an important mineral that most people don’t get enough of. Avocados are very high in potassium, which should support healthy blood pressure levels.

Avocado is loaded with Heart-Healthy Monounsaturated Fatty Acids. Avocados are also loaded with fiber. Eating Avocados can lower Cholesterol and Triglyceride levels. People who eat Avocados tend to be healthier.

American imports of mangos and miscellaneous fresh fruits top the list of fruits imported from Vietnam. Blueberries, cranberries, cherries and apples represent the most lucrative fruits for suppliers in Canada.

The Best |FRUIT| company according to U.S. consumers is avocados. Please comeback check out the The most influential| Fruit| company in history on Sunday October 11 2020.

I ❤️avocados. Yo ❤️ aguacates.

Reference:

https://www.freshfel.org/docs/FAQ/Fact_Sheet_-_world_production_2009_-_2013.pdf

Top Imported Fruits Most Loved by Americans

https://www.worldatlas.com/articles/top-grape-growing-countries.html

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjw0MWL86DsAhXEB9QKHUT1D2IQFjABegQIBRAC&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FMexican_wine&usg=AOvVaw2gkSkfATWSxmwEkNhSodF3

https://www.townandcountrymag.com/leisure/drinks/news/a3461/its-national-tequila-day-10-things-you-didnt-know-about-everyones-favorite/

https://www.healthline.com/nutrition/how-much-fruit-per-day

https://www.healthline.com/nutrition/12-proven-benefits-of-avocado#TOC_TITLE_HDR_10

https://www.mapsofworld.com/world-top-ten/countries-with-most-fruits-production.html

Political Opinion

Everyone has an opinion just like everyone has an ….

October 3, 2020 two months from the United States presidential election.

I just listen to Mike Tyson’s podcast HOTBOXIN with guest Justin Wren please go listen to that, they talk about the oppressed and the bullied. Kids, teens and adults can be fu#$ brutal.

A video of a group of kids beating up a special needs kid and filming its graphic. Justin Wren MMA fighter and extrodinary man becomes thE mentor to this kid now, explains that sometimes people who hurt other people are hurt and that no little act of kindness is ever wasted. One of the kids that doing the beating had one his parent killed his other parent, what f#$%k up space for that kid to be in. Go listen to the podcast and check Justin Wren fightfortheforgotten.org

Back to the 2020 Presidential election why people don’t vote? Lack of interest, lack of knowledge, dissolution, and simply they can’t. What is great an needs improvement in the United States?

1. Freedom of Speech, Freedom of Religion and pursuit of happiness. ( Equal Rights, Civil Rights, Human rights, Voting rights) We to learn more about our rights.

2. Education – We need to invest in educating our society. The more we learned the more we know on how we can improve our society.

3. Health Insurance- everyone needs an affordable doctor and dentist

4. Capitalism is good but with rules and regulation. We should reward businesses that practice sustainability. Improve our relationship with our biggest trade partners.

5. Global Warming is dangerous to everyone. We are all seeing catastrophic record breaking events around earth. Wild Fires, Hurricanes, Tsunamis…

6. Racial discrimination has to stop!

7. Legalization of Marijuana

8. Invest in our infrastructure and national parks.

Whom ever wins, many blessings. I’m going to continue to work on myself. I’m going to win no matter who is in office.

What the Dog Saw an other adventures… Review…

Malcolm Gladwell has become one of my favorite authors in the last year. What the Dog Saw and other adventures is one of his older books. Malcom’s writing style has a simplicity to it. He gives you a lot of examples that are enjoyable and interesting to read.

I’m going to quote and write about some of my favorite parts of the book in this blog entry. Also check out my blog Investigating Enron it’s based on the first part of the book.

I want to add a thought that sprouted to my mind this year from my interpreting/marketing experience:

One call can change your day, your week, your month, your quarter, your year, your decade, your lifetime. Don’t ever give up!

To give some context I took a risk, I resigned from my job to become a contractor. While working as W-2/ regular job gave me consistent work, my personality has always being about ownership, entrepreneurship. There are a lot more responsibility with being 1099 Independent contractor.

Long story short when I resigned from my job, I had one contract on the books and a second was converting in a matter of 3-4 months.

So this what I mean that one call can change your day,

Three to four months later, I’m still with only one contract the conversion of the second contract didn’t come to fruition. The company didn’t come through as I expected like many times in life an obstacle.

Now I have to be available for a call, for many more hours a week with one contract. The thing with the contract you only get paid by the minute on the phone and with a job you get paid even if you are not working. That’s the biggest difference when its 1099 your business you want to be busy but when its a job please don’t call me.

The one call can change your day is because on Friday night, after long week, I get a phone call and it’s an interesting comprehensive 3 hours conversation that changed my day, it changed my week and it gave me hope that being an owner is tough but its more rewarding when the work is completed. You could say a sense of ownership. The quality of my services are at highest level because I’m putting my self on the line now.

I’m building skills that are turning into cash flow and profit now and in the future.

What the Dog saw and other adventures by Malcolm Gladwell is full of stories that look at both side of the coin. The author will give you a perspective and then switch with research.

Below are some of the part of the book that I highlighted, I think you are going to get hook and read more Malcom Gladwell.

– “The Art of Failure. Why some people choke and other panic. – Human beings sometimes falter under pressure. Pilots crash and over drown. under the glare of competition basketball players cannot fin the basket and golfers cannot find the pin. When that happens, we say variously that people have panicked or, to use the sports colloquialism choked. But what do those words mean? Both are pejorative. To choke or panic is considered to be as bad as to quit. But are all forms of failure equal? And what do the forms in which we fail say about who we are and how we think? we live in an age obsessed with success, with documenting the myriad ways by which taken people overcome challenges sand obstacles. There is as much to be learned, though, from documenting the myriad ways in which talented people sometimes fail.”

“ Choking sounds like vague and all- encompassing term, yet it describes a very specific kind of failure.” Example: Chuck Knoblauch, New York Yankees’ second baseman, who inexplicably has had trouble throwing the ball to first base. Under stress of playing in front of forty thousand fans at Yankee Stadium, Knoblauch finds himself reverting to explicit mode, throwing like a little leaguer again.”

“Panic is something else altogether.”

“Panic, is the opposite of chocking. Choking is about thinking too much. Panic is about thinking too little. Choking is about loss of instinct. Panic is reverse to instinct. They may look the same, but they are worlds apart.”

“Galeson writes in Old Masters and Young Geniuses – the imprecision of their goals means that these artists rarely feel they have succeeded, and their careers are consequently often dominated by the pursuit of a single objective. These artists repeat themselves, painting the same subject many times, and gradually changing its treatment in an experimental process of trial and error. Each work leads to the next, and none is generally privileged over others, so experimental painters rarely make specific preparatory sketches or plans for a painting. They consider the production of a painting as a process of searching, in which they aim to discover the image in the course of making it; they typically believe that learning is more important goal than making finished paitings. Experimental artist build their skills gradually over the course of their careers, improving their work slowly over long periods. These artists are perfectionists and are typically plagued by frustration at their inability to achieve their goal.”

“There are certain jobs where almost nothing you can learn about candidates before they start predicts how they’ll do once they ‘re hired.” Example: Like hiring a quarterback for the NFL.

“ If you rank the countries of the world in terms of the academic performance of their schoolchildren, the United States is just below average, half a standard deviation below a clump of relatively high-performance countries like Canada and Belgium”

“ The new economy that the ultimate success of any enterprise lies with the quality of the people it hires. At many technology companies, employees are asked to all but live at the office, in conditions of intimacy that would have been unthinkable a generation ago. The artifacts of the prototypical Silicon Valley office – the videgames, the espresso bar, the bunk beds, the basketball hoops – are the elements of the rec room, not the workplace. And in the rec room you want top play only with your friends. But how do you find who your friends are? Today, recruiters can vas the country for resumes. They analyze employment histories and their competitors’ staff listings. they call references and then do what I did : sit down with a perfect stranger for an hour and half and attempt to draw conclusions about that stranger’s intelligence and personality. The job interview has become one of the central conventions of the modern economy. But what, exactly, can you know about a stranger after sitting down and talking for an hour?”

“Troublemakers what pit bulls can teach us about crime” Last chapter in book talks about the problem with generalization, and it explains that generalization with perspective can be use as tool. By asking the right generalization questions. Here some excerpts from the book:

“Another word for generalization, though is stereotype, and stereotypes are usually not considered desirable dimensions of our decision-making livers. The process of moving from the specific to the general iOS both necessary and perilous. A doctor could, with some statistical support, generalizing about men of a certain age weight. But what if generalizing from other traits – such as high blood pressure, family history, and smoking – saved more lives? Behind each generalization is a choice of what factors to leave in and what factors to leave out, and those choices can prove surprisingly complicated.”

The financial benefits of the legalization of marijuana. History of Marijuana in Art and health benefits

What are the economic and health benefits of marijuana?

I smoked for the first time back in high school but in college, I really really smoked and I understood why people smoke weed.

It’s a drug it has benefits but like anything we can abuse it. In my opinion if you have to do any drug you should do weed, I think its the best options better than alcohol but is not socially accepted.

Weed helps me with stress and to think. I remember many occasions where it has helped me. I remember in one occasion where I was working as a financial advisor and we where setting up my reoccurring payments for my mutual fund and the other financial advisors my supervisor, he was struggling to process the application for like 20-30 minutes. So much that I excuse myself to the restroom where I took a hit of my wax pen. I after the hit, It calmed down down because we where frustrated with application. We were inputting $75 as the value for the reoccurring payment in the computer and I wouldn’t allow it to continue. After I hit the pen, I told my self just tell him to input $80, I did and the system go it and we where able to complete my application. Why didn’t I think about that earlier and why didn’t my supervisor see minimum amount but after hit I was able to get us out that pickle. That’s just one simple example it helped me out in a finance situation.

The number one superpower is benefiting from marijuana in the design and financially. This article is going to answer the following questions:

Who are the artists the use of marijuana? What is the history? What is financial impact it has for the current legal markets in United States? And the most important part saved for last, What are the health benefits?

Marijuana Influencing Art /Design

Cannabis has influenced art in so many ways. There are different types of art forms such as music, paintings, and even the creation of films. Cannabis enhances one’s creativity. It is like a stimulant or drives for creativity. William Shakespeare was known to consume cannabis to inspire his literary work.

Louie Armstrong

The famed trumpet player was one of the first musicians to openly admit his admiration for the plant, and he stated in his autobiography that gage (as he used to call pot), was “a thousand times better than whiskey … it’s an assistant — a friend”.

Brian Wilson (of Beach Boys)

“Marijuana helped me write Pet Sounds.” (which is #2 best album of all times on the list of Rolling Stone magazine)

Bob Marley

Music and herb go together. It’s been a long time now I smoke herb. From the 1960s, when I first start singing.”

Bill Hicks

“See, I think drugs have done some good things for us, I really do. And if you don’t believe drugs have done good things for us, do me a favor: go home tonight and take all your albums, all your tapes, and all your CDs and burn ‘em. ‘Cause you know what? The musicians who made all that great music that’s enhanced your lives throughout the years… Real f****** high on drugs.”

Lady Gaga

“I smoke a lot of pot when I write music.”

Justin Timberlake

“Some people are just better high.”

Alanis Morissette

“As an artist, there’s a sweet jump-starting quality to marijuana for me. I’ve often felt telepathic and receptive to inexplicable messages my whole life. I can stave those off when I’m not high. When I’m high… well, they come in and there’s less of a veil, so to speak. So if ever I need some clarity… or a quantum leap in terms of writing something, it’s a quick way for me to get to it.”

Steve Jobs

“The best way I would describe the effect of the marijuana and the hashish is that it would make me relaxed and creative.”

Even though he wasn’t an artist in the full sense of the word, we can most definitely include him in this list of creative people.

So in conclusion, if you’re looking for a substance to elevate your thought process and make you think of something original and inspiring (and you don’t want to go too crazy with it), talk a walk on the green side, you surely won’t regret it.

Just remember to grab a piece of paper (or hit record on your phone if you’re playing an instrument), so the high ideas don’t have anywhere to run off to.

Cannabis has been helping artists create new and exciting pieces for hundreds of years. Many legendary figures have consumed cannabis to influence their work, too. William Shakespeare used to consume cannabis for inspiration in his playwriting as did Pablo Picasso to fuel his unique style of abstract painting.

“Was there ever any fear that, by giving up the drugs, you lose a bit of the genius?” a young Jon Stewart asked his creative hero George Carlin in a 1997 interview.
Carlin, who remembers his 1960s self as a rebel-comedian eager to experiment with cannabis and mescaline, replied: “Where the drugs are concerned, and alcohol, they do seem to open a window for you. They do seem to broaden the vistas—at first.

History

Marijuana has roots as far back as 2737 B.C. It has been referenced in ancient Chinese medicine, and soon spread from China to India, North Africa, and Europe by 500 A.D. Historically reported medicinal uses included treating rheumatism, gout, and malaria.

Recreational use became popular in India and among the Muslim population, leading to the development and popularization of hashish(concentrated psychoactive resins from the cannabis plant).

In 1545, Spanish explorers brought the plant to North America. By 1611, it was introduced in Jamestown and it quickly became a staple commercial crop. By 1890, cotton replaced hemp (marijuana) as the major cash crop, and marijuana effectively fell off the market.

When alcohol was outlawed in the 1920s, there was a big resurgence in marijuana use. At the time, smoking marijuana was legal and not considered a social threat. Marijuana clubs began popping up in major cities.

It was even listed in the United States Pharmacopeia from 1850 until 1942, used to treat a wide variety of ailments, including labor pains, nausea, and rheumatism.

Regulation and the “War on Drugs”

In the 1930’s, the U.S. Federal Bureau of Narcotics (now the Bureau of Narcotics and Dangerous Drugs) began a campaign to reframe the image of marijuana from a recreational fun and medicinal substance to that of an irresistible, addicting one that would lead straight into narcotics addiction.

Beat poets in the 1950s and college rebel “hippies” in the 1960s were the image of marijuana users during their eras.

In the United States, marijuana wasn’t widely used for recreational purposes until the early 1900s. Immigrants from Mexico to the United States during the tumultuous years of the Mexican Revolutionintroduced the recreational practice of smoking marijuana to American culture.

In 1970, the Controlled Substances Act designated marijuana as a Schedule I drug, meaning that it has:

  • The highest potential for abuse.
  • No accepted medical use.

The Reagan and Bush administrations also maintained a “zero tolerance” policy on marijuana use and possession—now known as the “war on drugs.”

Finance

Impact on Tax Revenue 

Sales of marijuana in 2019, Colorado collected more than $302 million in taxes and fees on medical and recreational marijuana. Sales in the state totaled over $1.7 billion.

Sales in the U.S were $12.2 billion, in 2019, and is projected to increase to $31.1 billion by 2024, according to a report from Arcview Market Research and BDS Analytics.

Local research supports this view as well; a report from the Colorado State University-Pueblo’s Institute of Cannabis Research recently found that the legal cannabis industry has contributed more than $80.8 million to the local economy in 2017, primarily through taxes and other fees.

Should marijuana become legal on a federal level, the benefits to the economy could be exceptional: a report from cannabis analytics company New Frontier suggests that federally legal pot could generate an additional $105.6 billion in aggregate federal tax revenue by 2025.8

That is the carrot that dangled before many states. In December 2019, it was reported that since January 2018, California’s cannabis sales had generated 411.3 million in excise tax, $98.9 million in cultivation tax, and $335.1 million in sales tax.

The Massachusetts Cannabis Control Commission reported in November 2019 that in the first year of opening marijuana retailers, $393.7 million was generated in gross sales.10 (See also: What Will Jeff Sessions Mean for the Marijuana Industry?)

Income and Jobs 

  • The number of people working in the U.S. cannabis industry is expected to jump to 240,000-295,000 by the end of 2020, slightly higher than the number of computer programmers employed in the United States.”Marijuana Business Daily, “U.S. cannabis industry employment estimates: 2019-2024,” July 28, 2020
  • “One unanticipated effect of the COVID-19 pandemic has been the growth acceleration of legal cannabis markets (and erosion of illicit markets) in those states which have activated both medical and adult-use sales. … Through higher sales and increased patient participation in medical-only markets, the second quarter of 2020 saw surging patient counts in medical markets – particularly in those having 1) lower barriers to entry (i.e., less restrictive qualification requirements), and 2) more accessible markets (i.e., greater density among dispensaries). … Oregon saw record-setting sales in March, April, and May (the latter seeing the state generate $100 million in cannabis sales for the single-highest monthly total since the program’s launch). For its part, Colorado (with the country’s most mature adult-use market) saw record sales in May, which neared $200 million for the first time in its program’s history. … Analyzing retail data from 24 legal cannabis markets, New Frontier Data found that average consumer monthly spending rose to record highs in April and May, reaching $290 and $296, respectively.”“States’ legal cannabis markets see strong growth amid COVID-19 disruptions,” NewFrontierData.com, July 19, 2020

Setting up marijuana nurseries and dispensaries would be the first step for the states that voted in favor of medical marijuana. These would not only create jobs but also set the ball rolling for economic activity in the pot industry in these areas. In the case of states like California and Nevada where such infrastructure already exists, the economic impact has become more quantifiable as the sector has matured.

A 2016 RCG Economics and Marijuana Policy Group study on Nevada says that legalizing recreational marijuana in the state could support over 41,000 jobs till 2024 and generate over $1.7 billion in labor income.

The ICF study estimates at least 81,000 additional direct, indirect and induced jobs in California as a result of legalized marijuana sales. It also projects an increase in total labor income by at least $3.5 billion.12

When considering the economic benefits of legal marijuana, it’s important to think of the money that might be saved as well as revenue that could be generated through such a process.

Currently, federal marijuana enforcement costs several billion dollars per year. A 2013 report by the American Civil Liberties Union found that the costs at that time were approximately $3.6 billion per year.

The more states that legalize cannabis, the lower the cost of enforcement would likely be; if marijuana were to be legalized on a national level, these costs would likely drop considerably. If marijuana were removed from the list of controlled substances, far fewer court cases involving the substance would go to trial, resulting in fewer incarcerations.

Health Benefits

Marijuana, Ganja, Weed, Hemp, THC, CBD, the devils lettuces, and many more nicknames. It’s a lifestyle that is beneficial but it can also be harming like anything else. What are the latest health benefits for marijuana?