Straight
Talk from Al Jacobs
THE
POT MYSTIQUE
I
can’t deny the full page color picture of a somewhat decrepit woman well into
her eighties attracted my immediate attention. At the top, in small font, the
words: “Recreational cannabis now available in Orange County.” Across the
center in large font the message: “Shop. It’s legal.” At the bottom: “MedMen”
and an Orange County address. The source of the ad is MedMen Enterprises, the
pre-eminent cannabis company in the U.S.
I
realize the ad is designed to market its product. What I don’t understand is
who the ad is directed toward. Are they after the geriatric group, and if so,
are they counting on dementia to be a favorable factor in boosting sales? As an
alternative, perhaps they’re zeroing in on persons in their teens and twenties
whose parents ignored or abused them, and whose grandmothers stepped in to
bring stability into their lives. And finally, perhaps the ad is being promoted
as nothing more than a striking novelty to attract attention – as it certainly
did in my case.
While
we’re on the subject of questioning who’s inclined to purchase and use
marijuana because of a particular marketing approach, it seems only reasonable
to pose a related question: Why are persons who are presumed to be sane inclined
to purchase and use mind-altering drugs of any sort? More to the point, what is
it about brain scrambling – whether from cannabis, alcohol or the harder drugs
– which appeals to a substantial portion of the population? Is the drug culture
in some way related to pleasurable social interaction, or does it merely reflect
a society in which many persons are inherently deranged?
Speaking
for myself, I enjoy the pleasure of rationality, and prefer being fully lucid
at all times. However, here in Southern California it appears I’m becoming more
and more in the minority. Although Los Angeles has already issued licenses to
nearly 100 marijuana retailers, authorities estimate there are at least double
that number operating illegally in the city. By all accounts, there’s no
shortage of customers.
I’ll
add a final thought: What sort of society have we created when a large portion
of its members choose to become stoned on a regular basis? And even more
importantly, with this as our present condition, what sort of society will we
devolve into?
Al Jacobs, a professional investor for nearly a half-
century, issues weekly
financial articles in which he
shares his financial
knowledge and experience.
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