Robust Marijuana Industry Can No Longer Be Ignored!

in #marijuana7 years ago

Back when e-cigarettes first gained public prominence, they were largely simple devices that mimicked traditional cigarettes, but without much success. As the years passed, e-cigarettes evolved into advanced personal vaporizers which had significantly more features than their original counterparts. From an obscure niche into a fully-fledged, multibillion dollar market, vaporizers today represent a prominent part of the social and cultural landscape.

More critically, the technological evolution of the e-cigarette platform caught the attention of other enthusiast communities, most notably the marijuana industry. For decades, marijuana legalization has been a hot-button topic, but it gained substantial momentum last year. While the 2016 election will forever go down as the day a reality TV star became President of the United States, it also ushered in a new era for the burgeoning marijuana industry.

A record number of states voted affirmatively for marijuana legalization. The impact of the bills varied in magnitude; some states allowed full, recreational use, while others mandated that cannabis materials can only be prescribed for medicinal purposes. Nevertheless, the message was clear – the marijuana industry and its positive impacts can no longer be ignored.

While laypeople often criticize marijuana legalization as an excuse for stoners to get high, the implications go much deeper than that. Yes, many people will use this legal momentum to justify their hobby. However, the marijuana industry opens up an entirely new consumer economy. With so many states in the union running budget deficits, legalizing cannabis can eliminate the gap, often within a few years.

Furthermore, critics don’t appreciate how technology is directly changing the face of the marijuana industry. Innovations, such as “dry herb vaporizers” or “wax pen vaporizers,” borrow heavily from e-cigarette advancements and deliver a profoundly cleaner platform for cannabis enthusiasts.

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While certain states have legalized cannabis usage, whether medicinal or recreational, it is still illegal under federal law. If it were legal at the federal level imagine all the revenue that could be brought to our economy.
From botanists to engineers, truck drivers to farmers. The revenue is endless.

I like it when I check a post and discover information I did not know.

It'll be interesting to see how these new vaporizers do (in the market). If I had the cash, I'd buy some shares.

How is anything legal that requires you to buy permit and pay taxes? Even working is illegal here America sucks, maybe the blockchain will change that..... I need to ignore this industry though dude seriously.

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Are there any blockchain projects currently working in the marijuana industry currently or doing an ICO soon? Would be a very interesting space to get into especially with the problems with having to use cash to pay for marijuana since none of the banks with allow companies to deposit money because it is still illegal federally.

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