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re: Is anyone else watching the cannabis industry closely?
Posted on 4/19/18 at 10:31 am to Decisions
Posted on 4/19/18 at 10:31 am to Decisions
If legalized, the infrastructure should already be available and/or the capital from big business will roll in. No big companies are going to touch it until it’s legal so it’s no surprise that the industry isn’t at scale.
2
Posted on 4/19/18 at 10:43 am to lynxcat
Also, have to look at this from a company perspective. Obviously you cannot come to work drunk. If MJ is legalized , you won't be able to come to work high. However, with no good test (like a breathalyzer ) all a company has to do to fire you with cause would be to piss test you, see a positive results , and claim that you were "high". There goes your job.
Posted on 4/19/18 at 1:44 pm to lynxcat
Some things could be adapted/appropriated quickly such as transplanting, fertilizing, and company buying points.
Other parts will need more time/money: harvesting equipment, on-farm processing and storage, company processing plants, etc.
If it was legalized tomorrow I think farmers and companies could have enough of the details worked out to really have the industry chugging along in....2-3 years, depending on margins and capital availability.
Of course I don't think we're anywhere close to nationwide legalization, so who knows when the clock will start ticking.
Other parts will need more time/money: harvesting equipment, on-farm processing and storage, company processing plants, etc.
If it was legalized tomorrow I think farmers and companies could have enough of the details worked out to really have the industry chugging along in....2-3 years, depending on margins and capital availability.
Of course I don't think we're anywhere close to nationwide legalization, so who knows when the clock will start ticking.
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