Author: sillycheetah87

What does 420 mean to Cannabis Smokers?

What does 420 mean to Cannabis Smokers?

Many people have misconceptions about how the number 420 is used in cannabis culture.

Some people claim the California police department utilised it as a dispatch code for marijuana smoking. This theory can be rejected as urban myth because there is no 420 code specified in the California Penal Code, where the dispatch codes are obtained.

According to reports, code 420 was created in 1971 by kids from San Rafael, California. Because they opted to hang out on a wall outside their school, the gang mentioned above was dubbed “The Waldos.” The name 420 is thought to have been coined by the group when they learnt about an abandoned cannabis crop nearby and devised a plan to gather every day to locate it. The gang had decided to meet every day at 4:20 pm and had chosen the Louis Pasteur statue as their meeting spot. To keep their plot from being discovered, they employed the code “4:20 Louis,” later abbreviated to “4:20.” The abbreviation 4:20 or 420 became a signal for teenagers discussing marijuana use in general.

The word 420 has grown in popularity among cannabis users to the point of mythology. An editor for High Times, Steven Hager, authored an article titled “Are You Stoner Smart or Stoner Stupid?” on one such evolution. The article discussed two distinct cannabis groups: “Stoner Smart” and “Stoner Stupid,” where Stoner Smart referred to someone who uses cannabis as a creative tool to enhance their life, and Stoner Stupid referred to those who get up in the morning and their first thought is getting high and will think nothing of smoking their entire supply or a friend’s stash without a second thought to later.

In the article, a question was made regarding what 420 means. The assumption was that if a cannabis smoker waited until 4:20 pm before starting to smoke, they would experience a better high than others who get out of bed start smoking cannabis right away.

The day of April 20th (4 20) has evolved into a counterculture holiday in North America, with pot smokers gathering to celebrate and consume cannabis throughout the United States and beyond. Such gatherings have taken place in Golden Gate Park in San Francisco and on university campuses across the country. In New Zealand, these events were also held in Daktory and Dunedin. The fact is that 420 in cannabis culture signifies very different things to different groups, whether it’s used as a code by teens who like getting together to smoke a joint or by groups formed to fight for cannabis legalisation

The world’s first vertically integrated cannabis stock

The world’s first vertically integrated cannabis stock

One of the first vertically integrated global cannabis supply chains is being built by ICC International Cannabis Corp. (OTC: KNHBF) (CSE: WRLD). Why?

Because, as the global trend toward marijuana legalization intensifies, the business is confronted with a new challenge: logistics.

According to ArcView Market Research, the Cannabis Industry will be worth $57 billion per year by 2027. The global legal marijuana market is estimated to reach $146.4 billion by the end of 2025, representing a compound annual growth rate of 24.9 per cent between 2017 and 2025.

One issue is that producers must first get their products to consumers.

The legal status of cannabis is changing all across the world. Even in now-legalized Canada, the restrictions varied drastically from one province to the next. It becomes even more complicated when you factor in the international landscape.

Companies that have complete control over growth, manufacturing, and distribution have wide influence over the market. Vertically integrated businesses increase efficiency and reliability and gain a significant competitive advantage over their competitors.

Until now, there was no global supply system in place to get $57 billion worth of cannabis from the farm to customers worldwide.

How much longer will the market overlook this chance?

With the market capitalizations of large marijuana companies skyrocketing, such as Tilray at $11.5 billion, Canopy Growth at $14.7 billion, Aurora Cannabis at $8.37 billion, and GW Pharmaceuticals at $4.7 billion, investors are looking for niches within the business to profit from.

Auxly recently made a strategic investment of $5 million in ICC International Cannabis Corp. Not only does the merger of ICC and Auxly add significant option value to both companies’ international platforms, effectively expanding their combined international footprint to 22 countries across five continents, but it also demonstrates that a company known for making timely strategic investments chose ICC as its next strategic investment.

ICC now has a market capitalization of around $258 million. It is a sliver of the size of the big growers. With Fortune 500, beverage, and tobacco companies vying for a piece of the estimated $57 billion markets and no existing global supply chain to get the product from the farm to consumers all over the world, investors and major players in the space are starting to “catch on” to the marijuana distribution problem, potentially positioning ICC International Cannabis Corp (OTC: KNHBF) (CSE: WRLD) as one of the biggest winners as the industry matures.

laying the groundwork for a global cannabis conglomerate

Please take a peek at what Walmart has to offer: They have a market capitalization of $280 billion. After Poland, with $500 billion in revenue in 2017, they are the world’s 24th largest economy. Why did they triumph over tens of thousands of other big-box retailers? They were relentless in their supply chain optimization and use of cutting-edge technology.

Amazon had a similar storey: they weren’t the only online e-commerce platform, but they were the most effective. Jeff Bezos spent billions on developing and optimizing his logistical infrastructure. Amazon paid $775 million for Kiva Systems, the maker of warehouse robots, gradually replacing humans in Amazon’s global “pack and ship” operations. Amazon has a market capitalization of more than $1 trillion, which the market has rewarded.

ICC International Cannabis Corp. (OTC: KNHBF) (CSE: WRLD) is securing worldwide distribution. They just purchased 50% of Marathon Global Inc., an exclusive arrangement with Cosmos Holdings Inc., a European pharmaceutical distributor, to gain rights to supply marijuana to around 35,000 pharmacies in 16 countries.

ICC International Cannabis has agreements in place with subsidiaries in Colombia, Denmark, Greece, and the Kingdom of Lesotho for European-based pharmaceutical distribution, wholesale importation, research and development, as well as licences to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives and industrial hemp.

House passes a historic bill to decriminalize cannabis

House passes a historic bill to decriminalize cannabis

The House of Representatives decided to remove marijuana from the federal Controlled Substances Act as the cannabis sector grows state by state.

The House passed the Marijuana Opportunity Reinvestment and Expungement Act, or MORE Act, decriminalizing marijuana and paving the door for nonviolent federal marijuana records to be deleted. The bill is unlikely to pass the Senate.

The MORE Act also develops financing sources to reinvest in communities disproportionately affected by the war on drugs, permits veterans to acquire medicinal cannabis prescriptions from Veterans Affairs doctors, and creates avenues for ownership opportunities in the emerging business.

The vote on Friday marked the first time a whole chamber of Congress took up decriminalizing cannabis on a federal level. It received five Republican votes in favour and 158 votes against. 222 Democrats voted in support of approving the MORE Act, while only six voted against it.

Before Friday’s vote, Rep. Earl Blumenauer, D-Ore., a co-sponsor of the MORE Act and co-chair of the Congressional Cannabis Caucus, said, “It is the right thing to do.” “For far too long, the war on drugs has targeted young people, particularly Black people, while ignoring professional counsel.”

Blumenauer, whose congressional district includes sections of Portland, has been advocating for the repeal of marijuana prohibition since his days in the state legislature in the 1970s. He claimed that the drug war “never made any sense” to him and that it arose from President Richard Nixon’s “cynical” attitude toward marijuana and other prohibited substances.

Following the increase of recreational drugs in the 1960s, Nixon announced a “war on drugs” in the early 1970s, labelling drug usage “public enemy number one.” With strict enforcement and prison sentences, he hoped to curb use, distribution, and trade.

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Cannabis, unlike heroin and ecstasy, which are both Schedule 1 narcotics, is not addictive, according to Blumenauer, and it has been discovered to have medicinal benefits for pain management. (The Centers for Disease Control and Prevention and other organizations have conducted studies that show marijuana can be addictive.)

He stated, “Public acceptance is at an all-time high.” “This is a concept that is long overdue.”

Last month’s election resulted in a significant win for cannabis. Arizona, New Jersey, South Dakota, Montana, and Mississippi voters supported propositions to legalize marijuana usage in some form. Now, recreational cannabis is legal in 15 states, two territories, and Washington, D.C., while medical marijuana is authorized in 34 states and two territories.

Rep. Barbara Lee, D-Calif., who co-sponsored the measure with Blumenauer, said, “Discriminatory cannabis regulations have perpetuated yet another type of systemic racism in America for decades, and this legislation would begin the path of restorative justice for those most afflicted.”