Welcome to the Cannabis Business Practicum
The Cannabis Business Practicum is an educational initiative to ensure that all businesses that participate in the cannabis ecosystem are using the most legal, effective, efficient and profitable methods of business practice possible.
Overall, the cannabis industry is an important aspect of the broader cultural, economic, healthcare and political landscapes, and will likely continue to play a significant role in the future of health and wellness, environmental consciousness and social influence.
That is why we, at Cannabis Business Practicum, want to be your go-to source of education, information and inspiration to aid in your business development and impact in the world.
Stay tuned for our upcoming classes!
The growth of cannabis business in the United States and abroad is important for several reasons:
1
Economic Impact
The legal cannabis industry has created jobs and generated significant tax revenue in many states and countries where it has been legalized.
2
Therapeutic Effect
Cannabis has been shown to have medicinal benefits for conditions such as chronic pain, nausea, and anxiety, and can be used as an alternative to conventional medications.
Cannabinoids interact with a neurosignaling system that plays a vital role in regulating homeostasis of self. This system influences many functions related to health, in appetite, cognition, learning, immune responses, memory, mood, pain sensation, sleep, and more.
3
Social Views
The legalization of cannabis has led to a reduction in the stigma associated with the plant, with many people now viewing it as a safer alternative to more dangerous substances.
4
Criminal Justice Reform
The legalization of cannabis has reduced the number of people incarcerated for nonviolent drug offenses, freeing up resources for law enforcement to focus on more serious crimes.
5
Environmental Advantage
Industrial cannabis, or hemp fiber, is a highly renewable and regeneratable crop that efficiently cleanses the air and soil around it. This crop can provide alternatives for plastic, paper, cardboard, fabric, rope, building materials and biodiesel fuel.