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Does Sex Sell in the Marijuana Industry?

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This article was originally published on Cannabis.net and appears here with permission.

A recent article we published called “The Ethical Purchasing Standard for Cannabis Consumers” got lots of comments and some interesting discussions going on what ethical cannabis consumers should look for in 2022.  The obvious factors are for consumers to choose brands based on ethical and environmental concerns such as packaging, processing, carbon footprints, energy use, grow techniques like hydroponics, etc.  One comment asked if consumers should support brands that use female cannabis influencers that strip down to their underwear, or less, to sell their products.

Interesting, the ethics of buying or supporting a brand that endorses female cannabis influencers in their underwear.  Let’s backtrack a bit before looking into this social media born phenomena.

Cannabis.net has published multiple articles explaining why the exploitation of women and their bodies in order to get more” hearts” or “likes” on a post is wrong and outdated.  Our basic retort has always been, “Be a great marijuana influencer on your own, why do you have to take your clothes off?”.  The article, “Why Boobs and Bongs Have to Be Eliminated from the Cannabis Industry” got many upvotes from the cannabis industry as for all the hard work female pioneers are doing in the cannabis space such as fighting the “good old boys” network, and breaking through glass ceilings, ganja girls in their underwear selling bongs brings the female movement in cannabis back to the outdated thinking of marketing in the 1970s.

If it does not work, why are brands and young females doing it?  Does sex sell in the marijuana industry?  The sexual exploitive ads of the 1970s and 80s were an attempt by car makers, beer companies, and Big Tabacco to appeal to the male consumer between 18 to 35 years old.  Do men between 18 and 35 buying cannabis like the fact females are stripping down to their underwear and promoting ancillary products as well as cannabis brands?  Dan Bilzerian’s Ignite cannabis brand built …

Full story available on Benzinga.com

Source: benzinga.com

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Congress Under Pressure: Colorado Officials Push for Cannabis Banking Reform

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With the end of Congress’ session just around the corner, marijuana advocates, stakeholders and lawmakers continue to push for marijuana banking policy change.

This time, Colorado Gov. Jared Polis (D) joined forces with Lt. Gov. Dianne Primavera (D), Attorney General Phil Weiser (D), Treasurer Dave Young (D) and Department of Public Safety (DPS) Executive Director Stan Hilkey in urging congressional leaders to revisit the issue, reported Marijuana Moment.

In a letter sent on Monday to both House and Senate leaders, Colorado officials focused on the impact which a bipartisan marijuana banking bill will have in terms of public safety and industry equity,

“The lack of safe banking and financial services for the cannabis industry in the State of Colorado has become a dire public safety issue for highly regulated cannabis businesses operating in compliance with state …

Full story available on Benzinga.com

Original Post: benzinga.com

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New Data Shows Weed Legalization a Boon for Real Estate, New Jobs and Tax Revenue

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A new report from the Federal Reserve Bank shed light on the economic impact marijuana legalization has had in recent years, reported Marijuana Moment. Policy changes on the state level have resulted in increased commercial real estate demand, as well as a surge in tax revenues while creating more jobs.

According to an analysis from the Kansas City arm of the Central Bank, which collected data from several states under its jurisdiction, the Tenth Federal Reserve District, the cannabis industry has become one of the main economic sectors positioned to grow substantially in the coming period.

“Overall, the marijuana industry has had a significant effect on the economies of Tenth District states in the initial years after legalization,” the report said. “The emergence of the industry has …

Full story available on Benzinga.com

Article: benzinga.com

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Will Missouri Legalize Cannabis? Amendment 3 Suffers Another Attack This Time by State NAACP

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Cannabis legalization efforts in Missouri are under attack once again, this time by The Missouri State Conference of the NAACP.

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The Missouri NAACP, breaking with chapters in the St. Louis area is urging its members to vote against Amendment 3 on the Nov. 8 ballot, reported the Saint Louis Post-Dispatch.

The group announced Thursday that it believes recreational marijuana legalization, as it is proposed under Amendment 3, would prevent minorities from entering the cannabis industry. 

“Marijuana possession should not be a constitutional crime. Additionally, for years now, Black people, other minorities, and people who have been criminalized by marijuana laws in the past have been unable to enter the medical marijuana market,” the Missouri NAACP wrote. “That is not right. In an effort to prevent the permanent exclusion of minorities from the cannabis industry in the state of Missouri, the NAACP calls upon every voter to reject the criminalization of marijuana possession, de facto racist regulation of the cannabis market, and the wool being pulled over our eyes by the supporters of Amendment 3.”

Under Amendment 3, the first “comprehensive” cannabis business licenses would be provided to existing medical marijuana companies. 

The state’s chapter highlighted that the amendment “does not increase the number of available full market licenses” and claims that giving “micro” business licenses to disadvantaged groups makes a “very limited” program. 

According to Nimrod “Rod” Chapel Jr., president of the Missouri NAACP, members agreed last week …

Full story available on Benzinga.com

Source: benzinga.com

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