A Lot to Learn
Did I mention I’m taking the Business of Cannabis semester at Oaksterdam University right now? Me and a cohort of twenty-four other cannabis curious learners are in week eleven, a bit over the halfway mark. It’s purely online, via zoom, and each week there is required reading to do prior to the live classroom experience. So far, I’ve been remarkably satisfied with the professionalism, knowledge and candor that all the lecturers have shown.
Before I signed up, I was talking myself out of it; saying this “certificate” won’t guarantee me anything. In my mind, it was the equivalent of going to Barbazon Modeling School. It won’t make you a model, but you’ll know how to walk like one, and when I was in junior high, all the girls wanted to go there.
Similar to this: now that Cannabis is adult use as well as medically “legal” in my state, (but still federally prohibited,) everyone wants to get in on what they think is Big Money. The Green Rush. (like all junior high girls wannabe a model, get it?)
Turns out everyone is being taxed to death. (At least in Cali) It’s killing the industry, paving the way for big pharma and companies like Johnson and Johnson, currently putting the mom and pops out of business. Dispensary owners, risking asset forfeiture at any given time, have to pay their taxes in cash, there are no banks that will do business with them. There are more hurdles than most businesses can surmount, and I haven’t even begun to list many of them out.
So at the very least, I’ve learned how much I take for granted in having my weed delivered, on the weekly. For another thing, we’re assigned to a team of other students, and together we’re creating a fictitious business together. I’ve learned that I am pretty risk-intolerant, and our team is starting an “ancillary” business; one that never touches the plant itself.
As we get through the final six weeks of the semester, I look forward to what else I am going to learn. Oaksterdam University and it’s instructors who are steeped in the Cannabis industry as lawyers, media moguls, and business owners themselves have a lot to offer, and a clear point of view: End Federal Prohibition. Support Small Business.