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Canada legal cannabis - prediction boom or bust?

Will it be advertised as much as cigarettes?
I don't see the comparison to cigarette to be all that valid. The real game changer for cannabis is in edibles. I don't have a source but I recall hearing that edibles are the majority of the market in Colorado. If that's true, the majority of pot users won't be smoking.
 
Edibles are probably more popular because, as with all psychotropics, the route of administration affects the duration and intensity of effects.

Orally ingested drugs' effects last longer than smoked, insufflated, or injected ones.
There's less bioavailability so the effects aren't as intense, but they last longer.

Direct to blood means it bypasses first-pass metabolism, whereas orally ingested drugs are less intense because the bioavailability is lesser due to first-pass (digestive) metabolism.
 
What’s to stop this whole cannabis train from crashing through the introduction of safe synthetic THC?

While once naturally sourced for most uses, driving a massive caffeine extraction industry, today caffeine in most drinks outside of tea and coffee is synthetic.
 
What’s to stop this whole cannabis train from crashing through the introduction of safe synthetic THC?

Hahahaa.....damn, that'll be an interesting day for the stock market.
There are various synthesised cannabinoids currently available, but I haven't heard of anyone even attempting to synthesise THC.

While once naturally sourced for most uses, driving a massive caffeine extraction industry, today caffeine in most drinks outside of tea and coffee is synthetic.

Is it?
There's a massive market for caffeine left over from the decaffeination process.
 
Edibles are probably more popular because, as with all psychotropics, the route of administration affects the duration and intensity of effects.

Orally ingested drugs' effects last longer than smoked, insufflated, or injected ones.
There's less bioavailability so the effects aren't as intense, but they last longer.

Direct to blood means it bypasses first-pass metabolism, whereas orally ingested drugs are less intense because the bioavailability is lesser due to first-pass (digestive) metabolism.

There are a large number of people who won't smoke it simply because of the association with the harms of smoking tobacco. My aging father has recently started making his own magic brownies to help him deal with his back pain and help him sleep at night (works better than anything his doctor has prescribed him over the years). I suggested a while ago that he try smoking pot and he categorically refused because of the association with smoking.

It's also quite interesting to see how people's views are changing with pending legalization. If my father can turn to weed after a lifetime of being an anti-drug big and little C conservative then I wouldn't be surprised to see a fairly large upswing in the number of users.
 
What’s to stop this whole cannabis train from crashing through the introduction of safe synthetic THC?

While once naturally sourced for most uses, driving a massive caffeine extraction industry, today caffeine in most drinks outside of tea and coffee is synthetic.

It's a mystery to me why anyone would turn to safe synthetic THC when safe and natural THC is so readily and inexpensively (free if you grow it yourself) available. The flavours and effects of different strains are more comparable to alcohol consumption that they are to taking drugs. THC is like the ethanol in wine. There's a lot more to the experience than just getting drunk.
 
There are a large number of people who won't smoke it simply because of the association with the harms of smoking tobacco. My aging father has recently started making his own magic brownies to help him deal with his back pain and help him sleep at night (works better than anything his doctor has prescribed him over the years). I suggested a while ago that he try smoking pot and he categorically refused because of the association with smoking.

It's also quite interesting to see how people's views are changing with pending legalization. If my father can turn to weed after a lifetime of being an anti-drug big and little C conservative then I wouldn't be surprised to see a fairly large upswing in the number of users.

Glad it's helping him.

Sounds like he's a rational man and took some time to actually think about it and inform himself.

See, the war on drugs has less to do with political tendencies than it does with reason and logic and their opposites. It's largely based in misinformation, ignorance, and lies and is extremely hypocritical. Anyone who doesn't have a vested interest in its continuation and actually stops and thinks about it and informs themselves can't help but give up the anti-drug mindset.
I converted me mum with a few Wikipedia articles and YouTube videos. Now I have pops trying to convince her to look into psilocybin tea to help with her anxiety.

Sorry about the rant....this is one of my life's projects. Some people proselytise religions, some people proselytise rational thought on specific issues.

I agree though, I think edibles are going to be huge. For the reasons both of us have supplied.
 
It's a mystery to me why anyone would turn to safe synthetic THC when safe and natural THC is so readily and inexpensively (free if you grow it yourself) available. The flavours and effects of different strains are more comparable to alcohol consumption that they are to taking drugs. THC is like the ethanol in wine. There's a lot more to the experience than just getting drunk.

True, true. Good analogy. One thing though, alcohol is a drug.
 
I'll leave this playlist as an example of where the edibles scene has gone in the US states where the recreational market has been around for a few years.

https://www.youtube.com/playlist?list=PLnPDn1Lb79JHa7IiQk9k9rJhwuGJn43q2

We'll see if this a long term thing or a fad soon enough, but the barely edible space cake is a thing of the past. It looks like an entire gourmet industry could be starting up.
 
Hahaha, awesome. Makes me kinda wish I could better stomach ganja.

I'm stuck on a different plant....I was gonna say unfortunately but it's not unfortunate at all.

Some of my weed-inclined friends are sure to try and commercialise some of their own recipes.

Funny how we thought it was ever a good idea to illegalise certain plants. Rather arrogant of us, no?
 
I bought Canopy stock at its virtual height. It was a dumb, stupid move but I attribute it to some emotional stress I was under at the time, with both my parents dying from addictions and soon to get laid off from work. My stock is now down about 95%, so I’ll just leave it in my account as both a wait and see and as a reminder not to invest in something I do not understand. Perhaps when the US Dems legalize pot in 2024-2026 the stock will recover. If not, I’ll leave it as a reminder.


Is there hope for both in 2023?

Though legalization in the U.S. appears to be a ray of hope for both companies, this may not be the case. Canopy, along with its partners, has a good opportunity to expand in the U.S. markets. But it is still questionable how big it could get considering the U.S. market has tough competition. Canopy has a chance to recover, but I doubt it will happen this year. Investors who own Canopy may have to wait a little longer.
 
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I bought Canopy stock at its virtual height. It was a dumb, stupid move but I attribute it to some emotional stress I was under at the time. My stock is now down about 95%, so I’ll just leave it in my account as both a wait and see and as a reminder not to invest in something I do not understand. Perhaps when the US Dems legalize pot in 2024-2026 the stock will recover. If not, I’ll leave it as a reminder.


Is there hope for both in 2023?

Though legalization in the U.S. appears to be a ray of hope for both companies, this may not be the case. Canopy, along with its partners, has a good opportunity to expand in the U.S. markets. But it is still questionable how big it could get considering the U.S. market has tough competition. Canopy has a chance to recover, but I doubt it will happen this year. Investors who own Canopy may have to wait a little longer.
Legislation in the US regarding the Demon Weed is a bit of a mess. Federal legislation still bans it but many states have either legalized or decriminalized it to some degree. I don't know if this federal-state conflict has ever been constitutionally tested.

I think that so long as there a jurisdictional patchwork, investment in the US will remain stunted. Even if it did look favourable, I would suspect Canopy et al will be gobbled up rather quickly - which might help your numbers.
 
Today, the Expert Panel conducting the legislative review of the Cannabis Act published its report entitled Legislative Review of the Cannabis Act: What We Heard Report.

The report provides an overview of the engagement the Panel has done up to June 2023 and summarizes the views of stakeholders and First Nations, Inuit and Métis partners on the areas the Panel is reviewing.
 
Legislation in the US regarding the Demon Weed is a bit of a mess. Federal legislation still bans it but many states have either legalized or decriminalized it to some degree. I don't know if this federal-state conflict has ever been constitutionally tested.

I think that so long as there a jurisdictional patchwork, investment in the US will remain stunted. Even if it did look favourable, I would suspect Canopy et al will be gobbled up rather quickly - which might help your numbers.
I sold the stock and have moved over to a proper Wealth Advisor. No more speculations for me.
 

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