Social Use

nyc-marijuana

Adult use of marijuana may be compared to drinking alcohol. But rather than having its users become more prone to alcohol fueled fighting, drunk driving, and risk taking, cannabis users become more mellow, and laid back. We also find there are fewer health risks from light or heavy cannabis use than there are for corresponding light or heavy alcohol use. Similarly, the claim that smoking marijuana is highly carcinogenic relative to cigarettes does not stand up to our scrutiny.

An interesting related observation is that people seem to get high during any particular session mostly with THC or mostly with alcohol, each costing about $7. Where Cannabis is legalized, there does not seem to be an overall increase in the total incidence of intoxication. Because of this substitution effect, societal shifting to cannabis from alcohol actually would seem to increase overall societal health.

Another unexpected benefit is cutting out illegal drug dealers who are motivated to introduce illegal marijuana users to stronger drugs to turn a larger profit. Having the low risk alternative of legal cannabis sales corresponds to lower usage, we expect, of more addictive drugs. We further wonder at the current large societal cost of associated incarceration for reasonable relaxed social use, not dissimilar to an after work martini. If these legal proscriptions change, it seems reasonable to project that the $50 Billion marijuana market should not be difficult to meld into the rubric of our society in a similar, responsible, adult-focused way to how we address the larger $400 Billion national alcoholic beverage market.

We voice these opinions because social use of cannabis parallels the medical use that is Mentor Capital’s preferred focus. As a result of this close association, Mentor Capital finds itself naturally investing in both sides of that same cannabis coin.