Psychedelics will be the next big thing, according to health officials, as the cannabis market continues to expand nationwide. By 2033, the majority of states will permit both medical and recreational usage. Advocates claim that infrastructure still has to be improved after the cannabis rollout. However, the desire in introducing psychedelics is also growing, even as new shops and dispensaries keep opening.
Hudson Cannabis co-founder Melany Dobson is pleased with how stores are managing the growth.
The dynamics of the entire market have changed significantly. Being a part of this market is completely new. Additionally, these companies have done a fantastic job of adjusting.
The number of licensed stores operating throughout the state has increased by 236% from the previous year to over 200. Many advocates believe that despite the industry’s rapid expansion, it is not losing sight of the original motivations behind the legalization of cannabis.
According to Dobson, we were leaders and pioneers in legalizing. We have an obligation to never forget why we came here in the first place. and produce goods that meet the demands of consumers seeking alternative wellness and health.
According to Dobson, the general public needs to be better informed about the ways in which cannabis might help people with cancer, inflammation, and anxiety.
I hope we keep coming up with new products while keeping in mind the significance of cannabis. According to her, many individuals find it to be a highly healing plant.
But proponents like Damien Cornwell, Board Member Operator of the Cannabis Association of New York (CANY), are worried that recreational use is being prioritized more due to the financial advantages alone.
The concept of gaining money, being wealthy, and flipping money makes people so punch drunk that it becomes the objective rather than building a functional infrastructure, he added. regardless of who is investing money in political caucuses, lobbying, or spending money. How are we going to put up a system that will function flawlessly for the next few decades, today, tomorrow, next month, and next year?
Many people are now considering bringing psychedelics to the market following the legalization of cannabis. Among the few states that have authorized adult use are Colorado and Oregon. Many people are not surprised that Massachusetts voters were presented with Question 4.
The initiative would have approved psychedelic therapy facilities where patients could buy the substances under supervision and pay a 15% state fee. However, the ballot was rejected.
According to James Davis of Baystaters for Natural Medicine, the result did not surprise him.
He stated that we simply require additional information regarding the advantages and dangers of psychedelics. Furthermore, it was a poor political move to try to fit this into a vote with a 30-page law.
It wasn’t a good idea because, according to Davis, more questions were being posed about the role that local governments, cities, and healthcare providers would play.
He stated that we must cease prioritizing profit before education. Healthcare must take precedence above these business interests. Furthermore, the legislators and these state authorities frequently respond to multi-state cannabis corporations rather than the local populace.
New York introduced a psychedelics measure earlier this year. If approved, it would provide the State Department of Health the authority to control, license growers, and grant adult permits.
However, proponents of cannabis argue that before psychedelics are legalized in the state, the cannabis infrastructure must be upgraded.
Damien Cornwell stated, “Let’s talk about what we can add to it after we make sure that the money is flowing, that there is accountability, that we have regulated stores, that we are paying out taxes, and that we are helping our communities.”
According to reports from the Office of Cannabis Management (OCM), they have been growing medical cannabis since 2016.
40% of current medical users reportedly have trouble getting their prescription drugs. In an effort to increase accessibility, OCM officials claim they are currently trying to extend medical cannabis.