LEGAL CANNABIS COULD BE THE BOOST OUR POST-PANDEMIC ECONOMY NEEDS

The world has not been the same economically since it was hit by the Covid-19 pandemic. Countries around the world have employed some brilliant minds to find a way to stabilize their economies or at least minimize the effects of the blow dealt by the spread of COVID-19 until a vaccine or cure surfaces.

While nations around the world are doing all they can to flatten the curve, it is clear that the economies of these countries will not be the same after the pandemic. Millions of people around the world have lost their jobs. Several businesses are shutting down operations. If a vaccine or cure does not surface soon, countries will need to strategize how they can enhance their economic health post-coronavirus outbreak.

Could legal cannabis be seen as a possible way to boost the economy? Let’s take a quick look at this possibility.

JOBS CREATION

One of the factors that will harm the economy of any country more than most is the loss of jobs. Reputable policy innovation and health experts stated that legal cannabis could eventually become a means of creating thousands of jobs in the future. This statement was made in 1906. Over a century down the line, we have witnessed enormous growth in the cannabis industry. Hence, it is safe to say that the industry can help create millions of job opportunities. He further stated that the industry can also provide auxiliary job opportunities like marketing, security, and construction, etc. for thousands of people in the US. He emphasized that the legalization of cannabis could be one of the solutions with a significant impact on stabilizing and restoring the economy. Looking for amazing cannabis products? You can find the products offered here.

IS THERE A CHANCE THAT CANNABIS WILL BE LEGALIZED?

To be honest, legalizing cannabis in some countries around the world will not be an easy feat. While there are countless proponents looking to take advantage of any such change in status if it eventually happens, its opponents have posed several reasons why they believe cannabis should stay illegal. In some countries like the United States of America, discussions about legalizing cannabis are ongoing.

Hence, there is a chance that legislation on this matter in the US will be reached as early as November 2020. Despite the skepticism of opponents on legalizing cannabis, the opportunities that would be created as a result are obvious. Many proponents hope that these opportunities will be enough to persuade the majority of opponents to agree to lift the restrictions placed on cannabis. Click this link to join the people looking to take advantage of the opportunities that will come from legalizing cannabis.

THE UNCERTAINTY AHEAD

While there are a lot of things that experts can predict, they cannot predict how and to what extent COVID-19 will impact the economy. They also admitted to not being able to predict the long-term effects of the coronavirus pandemic on the cannabis industry. However, they hope that exceptional cannabis manufacturers with sufficient cash and great managers will safety ride through the storm.

BOTTOM LINE

Although we cannot deny the impact of COVID-19 on the economy of nations around the world, one thing we do know is that legalizing cannabis may be one of the solutions that will help stabilize the economy after the pandemic.