How a cannabis crash is weeding out the field, while it's a slow burn for others trying to survive
How a cannabis crash is weeding out the field, while it's a slow burn for others trying to survive
8 comments
-
-
I've smoked so much weed in the years since legalization. I was a regular smoker before, too, but my consumption habits spiked after - especially during the COVID years. As in heavy, chronic, daily use.
I started cutting down drastically late last year, and I'm quitting for good now. Cannabis hasn't had a positive effect on my mental health.
Chronic and heavy use have definitions, for anyone who doesn't know. Regularly consuming cannabis twice or more per week is considered Chronic use. Heavy use is anything more than two times per week or ten times per month. Almost all of my friends are heavy, chronic users.
-
Would you be willing to elaborate on the negative effects you observed that led to your decision to drop it? I gave up alcohol this year - I've slowly been adding in cannabis lately and want to watch for issues with overuse and such.
-
As with alcohol, I think it really depends on the individual.
For me, I find that too much regular pot puts me in a dim, slightly dissociated place. But it might also be that in the past I may have smoked too much cannabis at times when I was already headed for dim dissociation, so bit of a chicken and egg situation maybe. Meanwhile I have friends who swear that cannabis has saved their life, helping them cope with anxiety, OCD, etc.
Either way, if I had to choose between a pot or alcohol abuse problem, I’d def choose the former. It’s not ideal, but it’s far less likely to kill you or ruin your life.
-
-
-
Headline writer had fun with this one!
-
This is the best summary I could come up with:
These samples — destined for mandatory storage, as per Health Canada rules — are all that's left of an expensive business venture on Newfoundland's Avalon Peninsula that has literally gone up in smoke.
Hicks's money was used to convert a building once used by the American military as a mess hall, theatre, recreational area and casino into a fortress-like cannabis plant surrounded by a sturdy chain-linked fence topped with barbed wire.
Producers like Argentia Gold have also felt the pinch of what they describe as strict production, distribution and retail regulations, as well as high taxation and continued competition from the traditional black market.
Keating joined Argentia Gold in the later stages, hoping to stop the financial bleeding of about $200,000 per month and save the business, but he admits it was an uphill battle, with plenty of mistakes along the way.
"The portion of my revenue dedicated to regulatory tax burdens is much higher in this industry in comparison to tobacco and alcohol," said Chris Crosbie, chief operating officer of Atlantic Cultivation.
But Bruce Keating admits the picture is not as rosy on the production side of things, where a flood of licensed producers created what he calls a "real saturation in the marketplace."
The original article contains 1,223 words, the summary contains 197 words. Saved 84%. I'm a bot and I'm open source!
8 comments
I'd say that's kind of expected in an industry that's created essentially out of nothing. It was a weed rush, some are winners, but many are losers. Sure there's regulatory burden, but that was known going into it.
I feel like weed shops will soon go the way of the many frozen yogurt shops of a decade ago.
Especially given the lack of ways to really differentiate your product, it was bound to become increasingly commodified and end up with a few producers who manage to operate efficiently and the rest going under.
Honestly I’d kinda be glad if, when I go to the store, I’m not met with 65 completely identical options and have to explain to the pot sommelier that I just would like some pot please, and that the 16 creative adjectives that have been affixed to the front of the word “preroll” are largely inconsequential to me.
I find the thing about the yogurt shops a little ironic, considering a decade ago, TCBY was the only frozen yogurt place I had ever heard of and now in my area, there are still those and 3 other chains of frozen yogurt stores that have made it so there are 3 more yogurt stores than weed dispensaries in town. lol