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the lobsterpot< – edition 42
With flags at half mast, and many flocking to London to pay their respects, it’s...
September 19, 2022
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With flags at half mast, and many flocking to London to pay their respects, there's a sombre mood in the UK. Following today, it’s clear that the government needs ways to lift spirits, what with a cost of living crisis in full swing, and inflation continuing to tower. Be handy to have a booming new industry, wouldn’t it?
Where we really need to start, is in promoting the UK’s medical market, increasing adoption by GPs, having its success swell into a positive impact throughout the NHS, and more widely in society. It sounds a little preachy, but we really believe that’s the potential cannabis has.
“Even if one doesn't smoke pot one has to see the benefits of decriminalising it!”
The UK’s new PM has come a long way since her days as a Liberal Democrat, and now inherits a widely disliked government that needs a good shake-up. But how is she likely to deal with cannabis and wider drug policy in the UK? The Face takes a great look at just that.
The World Anti-Doping Agency (WADA), has confirmed that cannabis will continue to feature on the list of banned substances for professional athletes in 2023. With legal medical and recreational markets cropping up all over, isn’t it time for a change?
The hype around Germany is very real. Back in June, we got to see it up close and personal, at ICBC Berlin. But now, with more light being shone on how to actually create a legal market, Germany is realizing what they want to do sorta’ kinda’ contravenes more than just UN 1961.
Alberta, Canada, finds itself so overrun with dispensaries that oversaturation is creating a hyper-competitive market. It’s likely that many of these dispensaries won’t be able to keep up with their competitors, as the city has roughly 27% more stores than are required to actually meet consumer demand.
Celeb cannabis ventures, more often than not, aren’t just about slapping a big name on a brand and then heading for the exit. There is a real vibe of positive community in the space, and none more than in the most recent efforts by Corey Woods (Raekwon) of Wu-Tang fame. Not only is he pushing his own herb, but he’s also on a mission to empower home grow. Right on my dude.
In 2026, at least according to some clever market research types, the global cannabis industry will be worth $57 billion. 75% of that will be hoovered up by the U.S which means the rest of us have some catching up to do(!).
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