One of the things that makes it difficult for any cannabis or CBD business to function is the lack of banking support. A solid merchant account is something that all businesses need, whatever the industry, but in the cannabis space finding one is a real challenge. Even though the 2018 Farm Bill made it legal to cultivate hemp on a federal level, and even though most states have legalized the cultivation and sales of cannabis and cannabis products to varying degrees, cannabis and CBD businesses are still having a hard time with banks and credit card companies. It makes the running of a legal, professional business difficult, if not impossible, which is why merchant account service providers, like InclusivePay, have come to the rescue.

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Just like older generations, the millennial generation has also experienced many changes. Activism in the field of marijuana has led to legalization taking on ever-larger forms. Cannabis laws are being amended in all sorts of areas. The history of marijuana has always been very moving and dynamic with all sorts of new twists and turns, but the biggest breakthroughs in legalization can be attributed to the millennial generation. Millennials are known for not having any stigma against the use of cannabis and legalization. And by the way, many of them work in the cannabis industry and fulfill jobs ranging from dispensary employee, researcher, cultivator, marketing specialist, and cannapreneur.

Who are the millennials?

Millennials or Generation Y follow Generation X. It is the people who became adults around the turn of the century. However, there is no precise definition. Millennials grew up in a world that was always online and on-demand. They have always had the internet. There has not been a generation so far that has received so much marketing attention. They are also involved with social networks and are also characterized by a great deal of self-assurance, partly because they have always been told to pursue their dreams. Although this generation is likely to be worse off economically than their parents, millennials are very positive. They have a very liberal attitude and are positive about differences.

Weed versus alcohol

Millennials often see cannabis as a better alternative than alcohol. This is not surprising, and they are not the only generation that thinks alike. But regarding the "purchasing power" of Generation Y, this is an important development for companies and businesses. More than half of all millennials find alcohol more harmful and dangerous than marijuana. Traditionally, men use weed more often than women, and this is also the case among millennials. But among millennials, there are a lot of women who work in the cannabis industry. They grew up with the idea that the cannabis industry is a very interesting industry with many possibilities. More and more women who belong to Generation Y start a career in cannabis and are innovative in the field of cannabis lifestyle.

Effects on health

Smoking weed, as well as drinking alcohol, have negative effects on the body. Both in the short term and in the long term, it can affect health. Alcohol is known to cause many casualties, often with fatal consequences. But what about (excessive) cannabis use? Research into the effect of marijuana is still in its infancy. Certainly, if you compare it with the extensive studies that have been done in the field of human health and the use of alcohol. What do the millennials think about this? Millennials are of the opinion that alcohol can cause more damage than cannabis. This is a striking change in opinion on this subject, compared to previous generations.

Millennials and marijuana use

Millennials make up a large amount of the total group of people who use marijuana in a recreational way. More than half of all users are between 22 and 35 years old. The annual amount spent on cannabis and cannabis products and accessories is over 500 euro per year per user. Regarding millennials and medical marijuana, there are still a lot of questions waiting for an answer. It is not exactly clear why millennials use medical marijuana. Neither has good research been done on this subject. The use of cannabis for medicinal purposes appears to be no problem for the millennials. The acceptance is actually already there, but the legislation is not.

Millennials and legalization

Most millennials believe that cannabis should be fully legalized and think that this is also only a matter of time. Millennials believe that the cannabis world will be globally reformed within 5 to 10 years. We can also expect millennials to actively engage in legalization and they will certainly make their voice heard in this area.

Do you have any comments or additions? Leave them in the comment box below!

New York Turbo Diesel is a marijuana strain that is very popular among millennials.

Although the total volume of data is expected to grow exponentially from proliferating technologies such as 5G, IoT, and autonomous driving applications, magnetic tapes will likely still remain the mainstream data storage medium over the next 10 years. This recent assertion is supported by the idea that magnetic tape storage capacity is expected to grow […]

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As the sun rises on a new day, another CBD brand appears. It's selling the same white label CBD products as all the others, made from oils that are rich in CBD and low in THC. The only difference is that the product has been packaged in a slightly different container, and there's a new name and logo printed on top. The CBD market has quickly become the area of the cannabis industry that's suffering most from a lack of differentiation. So, what’s a CBD brand to do? Well, one recommendation would be to partner up with a CBD formulator.

The post Why is a CBD Formulator the Key to CBD Brand Success? appeared first on Cannabis Marketing Agency in California | CannaVerse Solutions.

The passing of the 2018 Farm Bill gave CBD exactly what it needed to soar. As a result, the CBD industry in 2019 has already experienced exponential growth. Data suggests the trend will continue in the years to come, with the CEO of ArcView Group, Tony Dayton, predicting that CBD product sales will climb to $20 billion by 2024. For CBD brands and businesses, both established and emerging, this can only mean one thing… heightened competition and less opportunity to control market share.

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Weed has been used for a long time, in many countries around the world. Yet there are still many misconceptions about the drug, much is determined by ignorance or prejudice. Some people think weed is hallucinating. But is that really true? Isn't cannabis different from other (hard) drugs? In this article, we give you the answers to all the questions you have regarding pot and hallucinations.

Marijuana and fake news

There are many stories about weed, many of which have no scientific evidence. That is why not only the use of marijuana goes back a long time, but so do the misconceptions. Often opinions about weed are formed by people who have never used cannabis themselves. It is a shame that many of these stories are told about weed because it places weed and its use in a negative light. This while there are a lot of people who could benefit from the plant but are not using it now because they are frightened or have only heard negative things about it.

There have also been fake stories told by government agencies in the long history of weed. This was done to discourage the use of the drug. Much of this also came from ignorance, but the effect of those negative stories still resounds. Negative stories about cannabis, for example, were used by political parties to proclaim the position of that party. So fake news was deliberately spread, instead of properly informing people about the plant and its use.

For years the focus has also been on the negative properties of weed. Such as the negative effects on the brain, or the fact that marijuana is addictive. This while cannabis also has many positive properties, especially from a medical point of view, there is more and more attention to what the plant has to offer in the treatment of patients. Fortunately, consciously demonizing the plant is no longer an issue in many countries. Yet there are still many places in the world where severe penalties are imposed on the use, possession, and trade in marijuana.

Hallucinating

A persistent view that many people have is that weed is hallucinating. But do the flower tops of cannabis really have a hallucinatory effect, or is that a misconception? Is weed just like some other psychedelic drugs? Read on and discover everything about marijuana in relation to hallucinations.

First, let's talk about hallucinations. Because what exactly are they and what causes hallucinations? A hallucination means that you experience something that didn't really happen. It is a process in the brain that causes your sensory perception to change, you have the idea that something is happening, but in reality, it is not.

People with schizophrenia can also perceive things that are not there. They don't always have to be very special or strange things, but they can also be everyday things. Hallucination can therefore also occur without drug use. Some types of drugs, such as LSD and magic mushrooms, can have a real hallucinatory effect. Depending on how strong the medicine is, the hallucination may be stronger and last longer.

But what about soft drugs like weed? Does that also cause hallucinations? No, in the case of weed there is a changed perception. Weed users almost always realize that what they perceive is not real. That is different from hallucination, where the user has the idea that what he perceives is real. A hallucination is much more convincing and cannot be distinguished from reality.

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