My Fave Things: Cannabi$ & Crypto

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(Edited)

The 💩 just got real! And I'm not talking about BTC teasing the bull or the alt season fantasy. I'm talking about a subject near and dear to my heart as a former professional in the cannabis industry that's gone rogue and dove head first into crypto. For purposes of brevity I'll refer to my favorite things as C&C like the music factory. (dated myself, NM kids)

I'm so passionate about this subject I'm sitting at a desk with both my mobile devices open and let me tell you for a former dope grower that's now self employed that's like almost work ! (sips coffee)

In the world of crypto there's a few different players, the speculation gamblers, the seasoned long view hodlers, and of course the rookies. I've made it abundantly clear I'm in the latter, so if your compelled to dismiss me now for that reason, that's cool. I'm sure we'll have plenty to disagree on in the near future. If you stick around I'm going to present a brief yet hopefully compelling appeal as to why you might consider paying attention to us stoners. FYI I no longer smoke as I live in a country that has capital punishment for weed, but no capital gains on crypto assets, so you do the maths.

Most of us seasoned by the cannabis industry are quite adept at finance, negotiations, implementation, marketing, logistics, and of course stacking the cheese!

What began in Mexico as a vision to create the world's first narcotics union around cannabis has burgeoned and blossomed into a legitimate business model that's projected to top $30 billion by 2022.Thats not accounting for the 22 billion dollar estimated market of hemp the non psychoactive cousin with more applications than can be imagined.

What was just decades ago a purely criminal enterprise, and has thus resulted in millions of of deaths and God knows how many arrests and convictions, is now enjoying a grey area in the legal sense. The grey zone in the green industry is something I have unparalleled expertise in, and you will just have to trust my lawyers and I on this.

As I said above, making money for the knowledgeable and savvy dope tycoons is not an issue. What to do with that cold hard cash is most certainly what separates the lambos and yachts ballers from the Subaru and bass boat owning cogs in the wheel. You see, being self-made and working mostly in the shadows handicaps the ganja entrepreneur when it comes to wealth management. This has everything to do with the reality that money made from even legal revenue streams is absolutely illegal in the eyes of the all too powerful and corrupt federal government that got it's starting capital from fighting a futile war with the world's most notorious, nefarious drug king pins.
And as the saying goes if you can't beat them, join them! Real American Heroes right?

This unfathomable drama has presented us crypto enthusiasts with something we love, that thing is a use case. Corrupt politics, billions of dollars and an expansion into a global marketplace has created a need to develop an economic distribution and point of sales model outside of the regulatory compliance of the banks we are not allowed to do business with. Good riddance ya pricks!

The only things keeping this new sector of agriculture from mooning is FUD, a lack of understanding, and the new crypto smell of an asset that has true purpose beyond a store of value. We can fight about alt coins and btc but I'd rather you see the light that there are two basic blockchain fundamentals that must be met for us to succeed in taking the power back. The store of value is here for now we know who that is and it seems unlikely the OG "original gangster" "El jefe" is going to budge. What's not clear are which blockchains can truly be scalable for real world applications ?

I've just listed some pertinent information below and while I'd like to highlight each one in great detail. I will perhaps save such verbose endeavours for a potential future video series I'm entertaining. If I get some eyes and ears I'll definitely be inspired to do more and we can all share some of these delicious pot cookies or just get high on our sovereignty.

I'm not one dimensional and this isn't financial advice but there are weed stocks, cryptos, and trading platforms specifically dedicated to this plant! A great deal of funding comes from Silicon Valley types that have watched from the sidelines waiting for this fruit to ripen and roll it up. If you snooze on the green it's highly possible you will be seeing all kinds of red. We've seen enough red right?

https://www.investopedia.com/investing/top-marijuana-stocks/

https://cryptoslate.com/cryptos/cannabis/

https://paragoncoin.com/

https://www.coindesk.com/sec-fined-crypto-project-abandons-cannabis-co-working-space-plan

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13 comments
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Looking forward to more of where you are going with this👍

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Thanks mate, I'm just using what I got to get what I need. And what I need is a brave new world where fear is no longer the dominant currency...

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Are you familiar with PARSL SEED. It’s on the EOS blockchain and from what I’m reading about Paragon in your link, PARSL is working on the same stuff. I was airdropped several thousand as an EOS genesis account hodler. I’m very optimistic about the project. Although ultimately I don’t support cannabis being treated differently than other agricultural products, the fact is, right now this is the reality. So why not make some money off of it? All industries could benefit from better more streamlined supply chain data. (Getting rid of as many middlemen as possible is always a benefit too)

https://www.parsl.co

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I am aware of its existence yes and actually was thinking of getting into it here on this post as its somewhat related to steem via Dan Larimer.

I am in complete alignment with everything you have said and share your optimism. That's awesome you got an airdrop!

It's a really sobering look at where this blockchain is in comparison. Weedcash is awesome and I hope to stack more up, full disclosure I sold mine. But, my situation is a unique one and it made sense to move on it, plus we're talking pizza money here.

Yes the reality is there is still room to squeeze some gains out of this booming industry which might prove to be trailblazing it's way into futures and commodities. If weed can implement and utilise a blockchain seed to shelf ecosystem and be streamlined so can soy right ? The implications are astronomical and it's good to know we can be ambassadors, renegades, and spreading the abundance model.

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As I was growing up I always wanted to be a cannabis entrepreneur. I'm still thinking about this a lot. With this post, you brought back some memories about that. It will be legalized soon in Germany I think (the green party is on the rise). I want to be one of the first ones that start a business regarding that. It will be very competitive especially in Berlin. However, something I have a connection with. Let's see what the future will give us.

I don't know how to grow and do the cannabis thing other than smoking and eating eat. Maybe you can help us in the future for growing etc. That would be pretty cool.

Keep it up, brother!

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It's definitely a viable option, the market in the states recently has become super saturated for the edible and smoking cannabis but a few states have made it legal to just simply grow your own. This brings entirely different jobs to the market, for instance home consultations. Ideally, I'd like to see less big business involved in the industry but the entire venture is in its infancy. Europe and eventually hopefully the rest of the world can learn from the successes and failures we made in the USA.

The more awareness and exposure the legal cannabis market gets the more opportunities there will be for everyone. I would certainly love to assist any and everyone interested in pursuing these endeavors. Steem is the perfect place to network without fear of censorship and I think we can work in tandem with the existing infrastructure to bring both medicines and everyday products such as textiles, paper, building materials etc to the world.

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"El jefe"? Where you get this Gringo? The Mumford and sons concert? Quit your yapping and let me see that product vato!

I just want to be the Pablo or El Chapo of the blockchain, is that such a bad thing?

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muy bien mi amigo! trabajo con la mota me enseñó a ser chameleon

Seremos socios del steem blockchain...

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Interesting... many years ago, my partner and I used to refer to our favourite things as the 3C's, Cannabis, Coffee and... well, lets just say that in recent years, my third C has been displaced by Crypto, lolz

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One of the trickier parts of this entire paradigm shift in finance and control of power is trying to figure out which of the many cryptos is worth betting the future on, and which ones will end up being of no value. Some of it is obvious, and some of it is still hidden in the future.

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Absolutely, it's growing both ways exponentially. For every clear channel we get a few streams of murky wastewater flowing into our body of work.

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