Davos buy marijuana

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Davos buy marijuana

By Elisabeth Garber-Paul. A quieter place was the Cannabis House, the second annual incarnation of a spot devoted to explaining the holistic and capitalistic charms of weed. I stopped by yesterday morning and found no bongs, but fresh croissants and well-appointed black couches where a group of young execs and dreadlocked visionaries were getting into, uh, well, the weeds of the international cannabis business. Much was learned, particularly how the big money is not to be made by selling edibles to Beverly Hills housewives. It turns out hemp — a strong, fibrous plant that can be used in everything from rope to BMW dashboards to concrete — is the next new thing. Well, actually the next old thing. Hemp is a cousin of marijuana, a fast-growing crop that looks a whole lot like weed, but given its extremely low THC levels, will fail to get anyone high. However, it fell into disuse when it was banned a century ago, along with all things marijuana in America. While hemp production was decriminalized as part of the Farm Bill, the United States is now playing catch-up. Hemp is the agricultural savior of small farms in places like the landlocked African republic of Lesotho, where much of the crop is crushed into an oil. This has the dual Davos benefit of profits for both investors and subsistence farmers. A further bonus of hemp as a crop is it can be used for phytoremediation , meaning that it actually cleans heavy metals and other toxins from soil. According to some cannabis insiders, 10 acres of hemp can generate as much profit as 40 acres of timber in a struggling land. Yet Traylor says he thinks U. He points out the recent approval of medical marijuana in heavily religious states. But with such dreamy optimism comes corporate competitors. The investors talked of the liquor corporations, who they say are trying to play catch-up. In addition, Sweetser says that consumer-packaged-goods brands — companies that make food, beverages, and beauty supplies, for example — are trying to put the breaks on the spread of legalized marijuana. They were shocked and surprised at the rapid onset of consumer acceptance of this product, and they were completely unprepared. They have no pipeline created for this. The Cannabis House sponsored talks this year with researchers on how marijuana can be used to fight post-traumatic stress disorder. America is very isolated in cannabis. The rest of the world is going medical, and medical needs doctors to prescribe it, the pharmacists to dispense it. On one hand you can treat anorexia, on the other hand you could treat obesity, same plant. Many of the American entrepreneurs grumbled about medical research red tape back home that allows a country like Israel — where scientific research into the plant is not just allowed, but federally funded — to make the most progress in devising new medical uses for marijuana. Our time was winding down when I pointed out the inconvenient fact that many investors lost their shirt — be it hemp or cotton — on cannabis stocks in For all the happy talk, there are treacherous years ahead. Come in with good due diligence. It was time for the investors to go. Watching their taillights disappear out of sight, it was unclear whether Davos had gone weed or weed had gone Davos. Rolling Stone is a part of Penske Media Corporation. All rights reserved. View all posts by Elisabeth Garber-Paul. January 24, The Greatest Guitarists of All Time. The Greatest Albums of All Time. The Greatest Singers of All Time. In this article: Cannabis, Israel. Sub Culture Sub Culture News. More News. Isaiah Colbert. They're Huge on TikTok. In the Clurb By Annie Goldsmith. Issy van der Velde. Go to PMC. Most Popular. You might also like. Powered by WordPress. Log In. Sub Culture. RS Films. RS Recommends. Culture Council.

Cannabis At Davos

Davos buy marijuana

This year marks the first time that cannabis events, attracting prominent members of the industry, are being held on the sidelines of the World Economic Forum, a sign of growing legitimacy of the global marijuana sector. Canadian investment bank Canaccord Genuity Corp. The Canada Cannabis House will take place as a series of speaking events over the course of three days, exploring everything from how to secure funding as a pot company to the potential that emerging cannabis markets such as Thailand and Malaysia hold for the sector. Other key cannabis industry figures participating in both events include: Kevin Murphy, the CEO of Acreage Holdings, one of the largest cannabis companies in the U. Thousands of people are already congregating in Davos for the conference, which prides itself on a guest list that traditionally includes many of the most influential political and business leaders in the world, along with a slew of celebrities and journalists. The Forum has already made headlines this year for the absence of U. President Donald Trump, and key members of his cabinet who abruptly cancelled plans to be part of Davos amidst the ongoing U. Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. This website uses cookies to personalize your content including ads , and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. You can manage your saved articles in your account and clicking the X located at the bottom right of the article. Search financialpost. Advertisement 1. This advertisement has not loaded yet, but your article continues below. Share this Story : Global elite set to meet cannabis elite as marijuana industry descends on Davos for first time. We apologize, but this video has failed to load. Try refreshing your browser, or tap here to see other videos from our team. Advertisement 2. View more offers. Recommended from Editorial. This Canadian pot company is working to bring cannabis products to the U. Advertisement 3. You must be logged in to join the discussion or read more comments. Create an Account Sign in. Join the Conversation. Bank of Canada widely expected to make jumbo rate cut on Wednesday. Read Next. Featured Local Savings. Notice for the Postmedia Network. You've reached the 20 article limit. You can manage saved articles in your account. Looks like you've reached your saved article limit!

Davos buy marijuana