Cannabis seems like it isn't all its hyped up to be -- and the $MJ cannabis ETF is down 70% since its 2019 peak.
I agree. I was kind of shocked at the number of people I knew who thought it was bad before suddenly decided it wasn’t anymore and started consuming it after it was legalized in the states I frequent. Just because something is legal does not make it a good idea to do; by that token just because something is illegal does not necessarily make it bad to do (other than legal problems that is). I think the important thing is that it was legalized. I could care less if it’s healthy or not. Plenty of dangerous and risky things are legal. It’s part of the beauty of being an adult in a free country. I’m kind of tired of governments banning things because they are potentially harmful; it robs us of our agency.
Every time a substance is put on schedule 1 it means basically no research will be conducted on the biochemical pathway that it uniquely activates, which means banning substances is ultimately holding back our progression into neuroscience and other biochemical fields. I say legalize all the “drugs” and let people decide for themselves whether or not to be morons. At least then people will know what they are getting.