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Biden Buoys Bloomberg’s Marijuana Prediction

The marijuana industry has found the last couple of years very trying…Bloomberg just gave it a sliver of hope.

It is a mixed bag for the cannabis industry.  BDSA, a leading analytics firm which covers the cannabis industry, just released numbers and data revealing the cannabis industry earned $29.5 billion dollars in 2023.  Missouri generated a whopping $1 Billion, something making everyone take a second look.  Use has become mainstream and Gen Z is moving inches away from alcohol to marijuana.  But there are underlaying problems.  Price compression in flower, the chaos in New York and California, and he federal government restrictions are crushing for the small businesses which make up the majority of the industry.  A little hope?  Biden buoys Bloomberg’s marijuana prediction in his State of the Union speech.

RELATED: NY Begs Tech Companies To Solve Their Weed Problem

Bloomberg is a leader in economic news and has been following the cannabis industry.  Due to Biden’s slow campaign commitment to help the industry, Bloomberg has been hesitant about the industry’s growth.  But with Biden’s head on mentioning cannabis, Bloomberg now predicts an 80% chance of rescheduling in the upcoming months.  This will have a dramatic upswing impact on the growing economic business community.

Photo by Cappi Thompson/Getty Images

When the DEA reschedules marijuana, the industry will experience relief from certain tax burdens it currently faces under Section 280E of the Internal Revenue Code, a needed help for the mom and pop businesses representing the majority of owners/operaters. It should make banking easier also by reducing the potential liability with a higher scheduled product.

A longer term benefit of rescheduling is it would bring many products and manufacturers more squarely within FDA’s regulatory authority, which will open up the medical marijuana market significantly and also allow larger mainstream retailers to begin consideration of carrying products.

RELATED: Science Says Medical Marijuana Improves Quality Of Life

Rescheduling would not make it federal legal, which is something this administration can do, rather it gives the legal businesses in states more traditional business rights and benefits. In the handful of full holdout states, it would still be crime.

The Best Reasons For A Good Bong

For the new to cannabis crowd they are bit more intimidating – but done right, using an old school bong can make for an excellent journey.

Acceptance of marijuana has grown with the President talking about it positively in his State of the Union address, Missouri doing over $1 billion in sales and 85+% of the population believing it should be legal in some form.  If you are new to cannabis or an old hat though, bongs can make for an excellent experience. Here are the best reason for a good bong.

RELATED: The Most Popular Marijuana Flavors

Some people find bongs inconvenient and apropos to a college dorm room, but bongs are effective in managing dosages and treating your lungs with a little more care than a joint thanks to the water filter.  Technology has evolved over the years, with devices now available to help keep your space clean, are more compact and, most importantly, make the most of your high priced stash.

bong
Photo by secret agent mike/Getty Images

Better grasp on your dosage

Consistent doses are difficult to achieve when smoking weed. When rolling a joint or a blunt, these can end up coming out in different sizes, containing different grams of weed. When packing a bong, there’s always the same bowl, which allows for consistency and keeping better track of how much you smoke without having to count the amount of puffs you take.

A cleaner space

The easiest way to consume is a vape or gummies, but a bong has advantages also.  Smoking requires something for ashes, a strong smell and generally a bit more mess, a bong can be both attractive in the space and be cleaner.

An easy way to clean a bong is to use rubbing alcohol and sea salt. Soak it for a while and then jostle it around. Rinse really well, let dry and put it away until next time.

RELATED: How To Smoke Marijuana In An Apartment Without Getting Evicted

Longer lasting marijuana

Bongs are more efficient when it comes to prolonging your weed. Since you consume so much smoke per hit, they tend to get you high faster, with less puffs than if you were smoking a joint or blunt.

Smoother hits

RELATED: How To Clean Your Marijuana Gear Without Using Rubbing Alcohol

Water used in bongs allows the hits to be smoother and gentler on your lungs, preventing irritation and filtering out some of the ash that occurs with combustion. There’s also no need to add tobacco or paper, both compounds that damage your lungs.

So if you invest in a good bong, you can go old school and have a great journey.

 

Biden’s Weed Tweet Got Numbers and Feedback

His mentioning marijuana at the State of The Union was historic, but boy did he get some feedback when he tweeted.

The State of the Union address for many years was referred to as “the President’s Annual Message to Congress“. It is believed George Washington started the tradition and the term “State of the Union” first emerged in 1934 when used by Franklin D. Roosevelt (FDR). President Biden mention of marijuana was historic and also showed how the plants reputation has come a long way from the war on drugs.  And when he tweeted about it, things got spicy. Biden’s weed tweet got numbers and feedback – and the administration might be wise to pay attention.

Related: California or New York, Which Has The Biggest Marijuana Mess

The tweet on cannabis reached 14 million and had 12,000 comments and 104,000 likes.  The President mentioned his marijuana pardons which drew a significant amount of feedback. According to BDSA, a leading analytics firm covering cannabis, the industry generated $29.5 billion in revue in 2023.  When talking about a need to grow the economy and taxes, here is a fresh industry the public wants, but antiquated laws are punishing small businesses.

When you subtract comments not relating to weed, they fall in three categories.  The first is the remaining resentment toward Vice President Harris for her historic stance on marijuana.  The industry was at first excited when Biden was elected as he indicated he would move opening up legalization for cannabis. His slow pace along with VP Harris’s previous role has frustrated the industry and it shows by the sharp remarks.

Another large batch of comments were just about making a move already!  Science, the American Medical Association, and the federal departments of the Healthy and Human Services (HHS) and Food and Drug Administration (FDA) have all said there are benefits.  People are clamoring for him to act and act quickly. But, it seems to the public eye, the administration has been very slow in fullfilling this promise from over 2020.

RELATED: Science Says Medical Marijuana Improves Quality Of Life

The third big conversation is his perception his pardons did more than they actually did for prisoners.  Again, there is hard feelings about it and the online community want him to understand what he did and did not do.

While the industry is expanding, it is still in growth mode and needs basic help in continuing to grow. Rescheduling would allow state cannabis operators to take federal tax deductions they’re currently barred from under an Internal Revenue Service (IRS) code known as 280E.  This would give immediate benefits to the cannabis industry which is 50+% small businesses.

 

More Talk From Biden on Marijuana, But Where Is Action

In an acknowledgement of the popularity of legal marijuana, Biden talked about in his State of the Union speech, but, again, no firm details.

In his final State of the Union speech of this term, Biden made history and openly talked about cannabis.  He touted his pardons and rightfully took a lap. The President has talked about the pardons before and their importance, and sharing at the speech was a historic moment for the industry.  But, while it was good, it was not as significant as it has been heralded. He indicted during his last campaign he made a commitment toward expanding the industry. Finally, after three long year, in his speech he talked about rescheduling, but again shared no dates or a call to action.

Related: California or New York, Which Has The Biggest Marijuana Mess

According to BDSA, a leading analytics firm covering cannabis, the industry generated $29.5 billion in revue in 2023.  Over 85% of the public believes it should be legal in some form. It should be an easy win, but Biden, VP Harris and others at the top of the administration have struggled to push the change.

Biden was slow to push rescheduling, but since them Health and Human Service (HHS) and the Food and Drug Administration (FDA) have both recommended it move forward. It now sits at the Drug Enforcement Agency (DEA) for the final change. Data and public opinion are waiting for the change.

Senate Leaders Chuck Schumer (D-NY) and Patty Murphy (D-WA) recognized the value of a healthy, legal industry.  Science, the American Medical Association and even branches of the military are starting to recognize the value of medical marijuana and the widespread support of the plant.  Schumer shared prior to the speech he is committed to get a banking bill done this session. It seems to be on track last session, but the chaos in the House over the speakership derailed any hope.

While the industry is right to say the public wants it, studies by Brookings say it isn’t a decider when chosen a presidential candidate.  The economy, the border, abortion, and personal issues like healthcare and feelings around Israel and Ukraine are much more like to influence decisions.  What is key, it is big with younger voters.  This could be key in the election.

RELATED: Science Says Medical Marijuana Improves Quality Of Life

While the industry is doing well, it is still the growth mode and need basic help in continuing to grow. Rescheduling would allow state cannabis to take federal tax deductions that they’re currently barred from under an Internal Revenue Service (IRS) code known as 280E, however.  This would be an immediate benefits the cannabis industry which has over 50% small businesses.

After breaking the barrier and having a president discuss marijuana public, everyone is watching on what happens next.

 

On Women’s Day, Women Are Making An Impact On Weed

The stereotype is a stoner dude being chill – but times have changed and women are part of the legal marijuana movement.

Senator Patty Murray is the second most powerful woman in the government, and she is clearly supportive of the cannabis industry.  The stereotype of the industry is more of a stoner dude being chill, but times have changed.  And now, on Women’s Day, women are making an impact on weed. Women represent 50.4% of the US population and 50.3% in Canada. While the industry is still driven by men, women are having a big economic impact. They have drive companies, have been a voice in how cannabis is grown, and have an significant impact on which products are purchased.

RELATED: NY Begs Tech Companies To Solve Their Weed Problem

The number of cannabis consumers in the U.S. who identify as women is also growing. The rate of growth for female consumers in the U.S. is outpacing that of males — 55% vs. 49%, respectively.  And it even with Gen Z, which is drifting away from alcohol and embracing marijuana.  So as consumers, they have a valuable part of the industry.

Photo by Sharon McCutcheon via Unsplash

And while fewer in number, women now account for 39% of marijuana executives helping drive the industry.  The star is Nancy Whiteman at Wana Brands.  As Co-founder and CEO, she has position the edible company to be stocked on the shelves in mainstrain stores as soon as it is possible. Rescheduling can see her have a huge win. She has the vision to see the future of how products are sold to the public.

Debra Brochardt founded Green Market Report and established the business magazine as the most reliable and trusted site for clear, honest industry information. Shanita Penny has been helping shape public policy at the Coalition for Cannabis .

RELATED: Science Says Medical Marijuana Improves Quality Of Life

Some 37% of active physicians were women in 2021, up from about 36% in 2019, and about 47% of residents and fellows were women. This is a key in medical marijuana as they tend to be younger and also embrace new treatments.

Women buy 61.2% of wines under US$20 a bottle, which make them a huge force in the time industry.  It also shows frequency and volume.  As cannabis becomes more mainstream, this will a key driver in the vape and edible portion of marijuana.

Best Tips For Job Hunting in the Cannabis World

Find a job you love is tough, so here are some tips to help in the hunt.

The marijuana industry continues to expand across the country.  BDSA, a leading analytic company which covers cannabis, just released their 2023 report where they industry grew to $29.5 billion in the US.  We reached out to Scott Rabinowitz at the nationally respected Herd Freed Hartz about job hunting and he offered these suggestions.

Related: California or New York, Which Has The Biggest Marijuana Mess

Scott brings over 16 years experience in the executive search industry and serves as a strategic recruiting partner to top executives. He combines a strong national and international network with a concentrated focus on serving Northwest based clients. Prior to joining Herd Freed Hartz, Scott served 5 years as Executive Vice President and Managing Director building out DHR International’s Seattle office.

Is it better to approach a company you are interested in or wait until they post an opening

It depends on the role.

For Executive roles I suggest using online postings ONLY as research and NOT apply for executive roles directly through a company website., Instead use the information you learn about the company to craft a compelling introduction that addresses the hiring company challenges and demonstrates your insight into their needs. I’m a firm believer in creating your own opportunities as well. If you are passionate about a company and their products, services or brand – let them know!

The key to success in your job search is not only understanding yourself, your skills and experiences but understanding the company that is hiring you. Many job seekers make the mistake of looking at job opportunities only through the lens of “Whats in it for me?”. Set yourself up for success by focusing on the roles challenges and how you can make a difference

For Non Executive (Supervisor, Manager, Director) roles- The same strategy of thinking about the hiring companies specific challenges applies, but for these roles its fine to apply online AND try to identify someone that you can connect with directly.

What should I focus on in the resume and in the interview

In 30 years of Executive search experience I have come to believe that all interviews come down to 2 simple questions.

1- What do you know about me?

2- How are you going to help me make or save money quickly?

As an applicant you want to focus all of your answers on those 2 potential topics

Q- Tell me about your career = What do you know about me?

Q- Share an experience where you =How are you going to help me make or save money quickly?

Interviewing is a complicated and unnatural conversation. Typically candidates have given a lot of thought to their own experience and expertise, thought through the ideal kind of culture they would like to be in and how many weeks of vacation would work for them. Succesful candidates have taken the next step- To be able to talk about the hiring company with passion and specificity, to be able to demonstrate that your experience exists to help solve their issues and that you are someone that aligns with their values and pace.

Simple Interview Hack:

When asked a “tell me about a time when?” Question your answer should have 5 elements

  1. Here is what the challenge we faced was
  2. Here is what I recommended
  3. Here is what we did
  4. These were the results
  5. This is what I learned

Use this template to prepare relevant examples to share during your interview. Keep it short, keep it specific and even if it’s a challenge- This is the time to Brag

What is the correct length of a resume? 

Best Practices used to be that Resumes should be no longer than 2 pages. THIS IS NO LONGER THE CASE. The highest and best use of a resume is to lead to a conversation. Your resume should be authentic to your experience, include specific details, metrics and expertise, include some compelling or interesting details that can fire a conversation. It doesn’t matter how long it is to me!

Resume Hacks

No Misspellings!

Create multiple resumes depending on the role you are looking for.

Align your experience with your target companies issues and challenges

Be personal- Please include something that can lead to a conversation beyond work- Travel, Reading, Sports etc

RELATED: Science Says Medical Marijuana Improves Quality Of Life

What is an appropriate follow up time

Send a Thank you note same day to anyone you interview with. Wait a week then you can reach back out for clarification and to continue to express your interest. Beyond that – don’t be a nudge.

We are entering a unique moment in our countries hiring history. We are facing a 10M person shortfall in the labor market. That means as Baby Boomers age out of the labor market there is a huge need for skilled and experienced labor in the market and it is a battle to identify and attract top talent. As a job seeker this means that you have more options than you have in the past. Companies need to raise their hiring game in order to compete. If you can arm yourself with some simple tricks a job hunt is an ideal time to take stock of yourself and your goals. At the same time don’t forget to focus on your target- Put your focus on them and you will be ahead of the game!

 

Economics Puts Pressure On The Feds To Move on Marijuana

It is no secret Presidential administration and Congress is influenced by money, the cannabis just had another banner year

Certain industries have a huge influence of the federal government – insurance, banking, alcohol and more. And companies like Boeing have had a long a cozy relationship. Congress understands the value of money, especially if it benefits states.  Now the data says the cannabis industry is continuing strength legal growth and making a difference in government bottom lines. The economics puts pressure on the Feds to move on marijuana.

RELATED: NY Begs Tech Companies To Solve Their Weed Problem

BDSA, a leading analytics firm which covers the cannabis industry, just released their 2023 year in report.  And it shows another strong year for the marijuana industry. The reports reflects the growing acceptance of people consuming and the public becoming more accepting of medical marijuana.

Photo by Cappi Thompson/Getty Images

The biggest news is the industry is U.S. sales totaled $29.5 billion in 2023. Global legal cannabis spending grew to $36 billion. One of the stars last year was Missouri. With over six million residents, it is the 18th most populated in the country. Yet, the state hit $1 billion in sales. There seems to a shift in public consumption as Canada now has the data of people lowering beer consumption and embracing the healthier cannabis option. Long term this is beneficial for many reasons including domestic violence.

RELATED: Science Says Medical Marijuana Improves Quality Of Life

The bleak spot is New York and their continuing chaos with legal and illicit dispensaries.  The botched rollout has been highly expensive for the state in regards to lost sate revenue and for honest business owners, mostly mom and pops.  While New York made $174 million on the small amount of licensed shops, the state lost an estimated $1.5+ billion to the black market and its 1,500+ unlicensed dispensaries in New York City alone.  New York’s mess kept the industry from breaking $30 billion.

In their forecasting, BDSA expects continuing 12% growth in the market with additional states onboarding.  This puts pressure on the Drug Enforcement Agency (DEA) to move on the recommendation to reschedule cannabis which will have a significant impact on the industry.

“U.S. adult-use markets currently represent approximately 56% of total global cannabis sales, and are poised to claim an even larger share of global sales in the coming years as U.S. medical markets contract,” said Roy Bingham, co-founder and CEO of BDSA.

Best Advice For Shy And Anxious People Using Apps

Approximately 40 to 50%of adults are shy, which makes it harder to find the special someone

Approximately 40-50% of adults are shy, making it hard for you to not only make friends – but to find the special someone.  Across the world, shy people have a little bit more trouble and have to use a lot more effort to get out there and take the chance.  Thanks to the technology today, it is a bit easier to do it online.  Here is the best advice for shy and anxious people using apps to date.

RELATED: Yacht Rock Pairs Perfectly With Cocktails

Shyness and social anxiety can go hand in hand.  Social anxiety is the fear of social situations involving other people, with a focus on “being embarrassed, humiliated, rejected or looked down on in social interactions.” But this is not fully a barrier to finding a bestie, a partner or even just a lover.

Before you start, make a list of the best qualities friends and family share about you. It will take you into the connections/messaging/chatting with a positive vibe. Know your worth of before you find someone special, it will give you a better space to start.

Also, narrow what you want in a partner, it gives you a better focus as you interact with others.  Maybe 3-4 things so you have a solid base.

Get to know the different apps

One thing which diminishes stress and the feeling of being out of control is research. Before you start swiping get to know the different dating apps, specially those that are designed with shy or anxious people in mind. While these apps might have a smaller user base than Tinder, they might adapt better to your needs. In research find out the best tips for profiles, responses, etc.

Get help from friends when setting up your profile

Every person is different when it comes to managing anxiety. While some prefer to keep it to themselves or journal it out, others seek the help of their friends and family members. Don’t doubt yourself or feel embarrassed when setting up your profile; ask friends and family on their opinions and allow them to help you choose an interesting bio and some flattering pictures.  Also, ask opinions on when and how to share information to others online.

Once-A-Week Rule
Photo by Brodie Vissers via Burst

Set some boundaries

While dating apps help break the ice, it’s very common for people to chat with hundreds and never go on a date. Set some time limits and don’t let yourself chat with people with no discernible goal in sight. Dating apps are for dating, which means that at some point you’re going to have to meet this person face to face. It’s also important to prevent your dating app use to intrude on your day to day life. Avoid using the app while working or when doing something you normally enjoy. If you need some help in keeping track of your app use, enable your smartphone time management feature. This tool will limit your time on the app, setting up a fixed amount of minutes per day that block the app once you’ve been there for too long.

RELATED: 5 Dating Apps Perfect For Introverts And Shy People

Use the chat option to take pressure off the first date

One of the best parts about dating apps is the fact that you can get to know the person you’ll be meeting before a face to face encounter. Take advantage of all chatting and text messaging by taking your time to come up with questions and answers without having the pressure of a stranger waiting for the perfect response.  But a warning, don’t go too long just chatting, it can set unrealistic expectations when you do finally meet in person.

Take breaks

Breaks are very helpful for all sorts of dating app users. While dating around and chatting with people can be very fun, rejection is also almost always part of the equation. Know this might happen at any moment and you might spend weeks swiping around without having a match. Take a break and then jump back in.

How To Dry Out Wet Weed

Like cheese, truffle, and aged beef, the process of prepping marijuana to be used it key…and has a lot to do with the journey. Whether for recreational or medical, it is step which enhance the plant. But sometimes things happen, it accidentally gets wet or when you get it home after the purchase…it feels moist.  Luckily, here is how to dry out wet weed and make sure the THC and use is intact.

RELATED: Is The Old Marijuana I Found Safe to Smoke?

Before going and drying out your cannabis, be sure you’re not mistaking extremely sticky buds for yet too much wet. Sticky icky was likely cured perfectly, it’s just going to, naturally, stick to your fingers and feel suspiciously damp. But as long as it doesn’t squish when lightly squeezed, leave the sticky alone.

Photo by Panos Sakalakis via Unsplash

If it’s just a little too moist, putting the buds in a paper bag and then closing it for a few hours could do the trick. If they’re a little more damp than that, rotate having the paper bag opened and closed every 8 hours or so until it crisps up to your standards.

Now if the weed truly was just harvested, the colors will be very vibrant and the plant will feel extremely humid from the inside out. If you’ve broken up a bud that’s wet through and through, it’s time to get your own cure on. Place the ripe nuggets into glass jars as stated above and also routinely open and close the jars.

RELATED: Old Marijuana Edibles: To Eat or Not To Eat?

Depending on just how wet the weed was, this could be a process that takes more than a day and more like a week or so. The smaller popcorn buds will dry faster and can thus be plucked for smoking before the real meaty ones are properly dried and cured.

Truly, genetics and taking care during the grow play major roles in quality cannabis, but if you don’t have a proper cure, it’s not going to be showtime for your buds. A perfect cure means easily ground, evenly smoked, delicious cannabis packed with terpenes and that shows off all the hard work that the breeders and growers put into it.

This shouldn’t happen if you bought it at a legit dispensary so be aware you likely didn’t get what you paid for to begin with, as wet weed is heavier.

A Look At Cannabinoid Hyperemesis Syndrome

As it becomes more common – Cannabinoid Hyperemesis Syndrome is become a thing for a tiny amount of consumers.

Activation of neurological cannabinoid receptors can aid in preventing nausea and vomiting, particularly so in patients undergoing chemotherapy. Considering the usual effects of THC and other cannabinoids on receptors in the brain, cannabinoid hyperemesis syndrome (CHS) seems to be a paradoxical condition. So why do some individuals suffer from this syndrome?

First described in 2004, CHS typically affects long term consumers of cannabis more so than casual users. It is a condition characterized by chronic cannabis use, cyclic episodes of nausea and vomiting, and excessive bathing or showering with hot water to abate the symptoms and to find relief. As more states legalize cannabis for medical and adult recreational use, emergency departments across the country are seeing a rise in the number of individuals diagnosed with Cannabinoid Hyperemesis Syndrome (CHS).

Photo by Shane Cotee/EyeEm/Getty Images

It has been proposed that receptors in the brain stop responding to cannabis in their usual manner in some individuals. Meanwhile, cannabinoid receptors in the gastrointestinal track that seem to have the opposite effects on nausea and vomiting are still activated. When this happens, gastrointestinal receptors that are no longer overshadowed by the effects of cannabis in the brain lead to abdominal discomfort, pain, and nausea.

CHS is divided into three stages; prodromal, hyperemetic, and recovery phases. In the prodromal phase, individuals may experience early morning nausea and abdominal pain, though most will continue with normal eating patterns. Some may increase their consumption of cannabis, seeking relief from the general discomfort. This phase is often misdiagnosed due to nonspecific symptoms and may last for months to years.

RELATED: How Safe Is It To Smoke Marijuana Every Day?

Photo by LaylaBird/Getty Images

In the hyperemetic phase, individuals have continued nausea, multiple episodes of vomiting, increased abdominal pain, decreased food intake and weight loss, as well as dehydration. During this period, hot showers tend to alleviate the discomfort and nausea. This phase may continue until an individual completely discontinues use of cannabis. It usually takes one to two days for the hyperemetic phase to resolve.

Treatment is palliative in the hyperemetic phase as it takes time for the endocannabinoid system to return to an inactivated state. IV fluids are given to prevent or treat dehydration, antiemetics and proton pump inhibitors are given to decrease vomiting and nausea, as well as capsaicin cream applied to the stomach.¹ Finally, in the recovery phase an individual will begin to resume normal eating habits and will stop suffering from gastrointestinal issues. This phase may last days or weeks, however symptoms may come back upon use of cannabis.

RELATED: 10 Glorious Cannabinoids In Marijuana And What They Can Do For You

It has been theorized that the recent uptick in cases of CHS may be due to the increased availability of high potency THC products.¹ However, a recent Canadian study indicates that other factors may be at play. Two groups were compared, one suffering from CHS, and one that consisted of cannabis users who were not. The study found there was not an obvious correlation between cannabinoid concentrations in individuals and CHS occurring.4 In any case, further research on the specific cannabinoids and receptors involved will be necessary to fully understand CHS moving forward.

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