Chapter
The decline of cannabis counterculture
20:46 - 29:48 (09:02)
As the cannabis industry becomes more mainstream, it is pushing out those who were once heavily involved in the counterculture like Cheech and Chong, leaving less business opportunities for those without the necessary skills.
Clips
As the cannabis industry becomes more regulated and mainstream, the counterculture is shrinking and it is now requiring a different skill set to succeed in the business.
20:46 - 23:43 (02:56)
Summary
As the cannabis industry becomes more regulated and mainstream, the counterculture is shrinking and it is now requiring a different skill set to succeed in the business. This shift could block out opportunities for some individuals who were once thriving in the industry with their traditional skills.
ChapterThe decline of cannabis counterculture
Episode#333 - Chris Walsh - How Does The Cannabis Industry Work?
PodcastModern Wisdom
This transcript discusses how famous and semi-famous people including Cheech and Chong and former politicians have tied themselves to the cannabis culture and how the legalization of recreational marijuana has given an opportunity to many people to jump in.
23:43 - 27:53 (04:10)
Summary
This transcript discusses how famous and semi-famous people including Cheech and Chong and former politicians have tied themselves to the cannabis culture and how the legalization of recreational marijuana has given an opportunity to many people to jump in.
ChapterThe decline of cannabis counterculture
Episode#333 - Chris Walsh - How Does The Cannabis Industry Work?
PodcastModern Wisdom
The marijuana industry has relatively low barriers to entry compared to other industries, but some states have implemented high start-up costs and licensing fees, making it difficult for small businesses to enter the market.
27:53 - 29:48 (01:55)
Summary
The marijuana industry has relatively low barriers to entry compared to other industries, but some states have implemented high start-up costs and licensing fees, making it difficult for small businesses to enter the market. The industry also varies significantly from state to state, with California having a vastly different market than Florida.