Could Cannabis & CBD Save Our Economy Following Covid-19‪?‬ Dank Podcast On All Things Cannabis

Good CBD and cannabis save our economy following covid-19 The Corona pandemic has has no doubt messed up the economy in South Africa leaving more and more people panicked and jobless. Why people used to be afraid that technology like it's going to be destroys our economy, they came Corona virus out of nowhere and left us with nothing but technology to rely on to stay connected business is running. After the World War II following the Great Depression just Focus then work on generating tax revenue after this covid-19 experience. This is why it seems ridiculous to me to think that even those purchases of cannabis worldwide have increased by 47% since mid-march this year this year just because of prohibition. The illegal cannabis market in the u.s is worth about about 56 billion dollars in 2020. All untaxed! I'm at states in the US have declared kind of Us essential businesses during doing stenholm orders aimed at halting the spread of the coronavirus. I actually witnessed this myself the other day as I was walking through Clearwater mall in Johannesburg where almost every single store was closed except for pharmacies banks and little health shops selling what seems like mostly CBD products which were illegal to even cultivate just a few months ago. So it is clear that a lot of kept under the radar especially now that the city of Cape Town announced this Sunday that they will be exploring all avenues to ensure that the residents of Cape Town benefit from the emerging cannabis legal sector. The city of Cape Town has been Africa's leader in pharmaceutical research and biotech, and they have also identified foreign investment interest and have therefore prioritised smart land transactions to unlock development within thei communities. The City Council has already released several parcels of land in Atlantis for Purchase by the private sector for the production of medical cannabis and an owl are finalizing the registration of medicinal cannabis in terms of section 22C(1)(b) act in order to: Cultivate and grow cannabis and resin Extracts and test cannabis resins and cannabinoids. And distribute medicinal cannabis As well as imports and exports of medicines containing cannabis. Quite a coincidence that it was around the 4th of April this year in bracket for 2009 international marijuana holiday and Celebration Day realisation became a in eight states in the US which declared declare spencer is as essential actually allowing them to remain open during their home orders aimed at halting the spread of the coronavirus. Seems that Corona and covered could really have been the last I meant to legalize cannabis as and it was around the fourth fourth of April that's the president Cyril ramaphosa finally announce that we are to open and regular regulates the commercial use of can hemp products providing opportunities for small-scale Farmers and formulate policies around medicinal cannabis use in 2020. There is no denying anymore that with the increased need for tax revenue systems will largely be dependent on the legalization of cannabis which is one of the few growing sectors in the in the world right now. Many brands and businesses and cannabis manufacturers are ready preparing for the legalization of recreational adult use holy Grail of cannabis legalization which will open up the most opportunities within the industry. But besides helping to restore the economy and taxation cannabis sector is believed to have been the fastest growing labour market in the USA both recreational and medicinal so massive job creation in 2018 with over 60000 new new job positions added to the parent 2018. So I definitely see this as an opportunity for anybody who has been looking into or is willing to be open-minded enough to look into the medicinal benefits and just economical benefits of hemp legalization and cannabis legalization right now.

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