{"id":562467,"date":"2017-10-05T19:15:13","date_gmt":"2017-10-05T19:15:13","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=562467"},"modified":"2017-10-05T19:15:13","modified_gmt":"2017-10-05T19:15:13","slug":"the-weed-shop-next-door-plus-cannabis-goes-high-society-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=562467","title":{"rendered":"The Weed Shop Next Door\u2026 PLUS: Cannabis Goes High Society"},"content":{"rendered":"
\"Home<\/a><\/div>\n

By Ray Blanco<\/a><\/span> <\/p>\n

<\/div>\n

This post The Weed Shop Next Door\u2026 PLUS: Cannabis Goes High Society appeared first on Daily Reckoning.<\/p>\n

A couple weeks ago, I told you about the startling effect of pot legalization on teens.<\/p>\n

That being areas with legalized pot are actually less likely to have teen marijuana use.<\/p>\n

Once again, the prohibition narrative is debunked.<\/p>\n

Legalized pot doesn’t create a new generation of burnouts and stoners. Just like the end of alcohol Prohibition didn’t turn elementary schoolers into boozehounds back in the 1930s.<\/p>\n

Eliminating the black market for weed makes it harder to find for underage users. The data prove this.<\/p>\n

Now I’m going to bust more misconceptions about legal pot and show you why three unique indicators mean \u201ccannabusinesses\u201d are here to stay.<\/p>\n

Signal #1: Pot Retailers Boosting Property Values<\/p>\n

Even the biggest fans of legalizing marijuana might recoil at the idea of a pot dispensary opening up within walking distance of their front doors\u2026<\/p>\n

I can just see the picket signs now\u2026 \u201cNot in my backyard!\u201d<\/p>\n

But as it turns out, you might want a pot dispensary to open up near your house!<\/p>\n

According to a study published in the academic journal Real Estate Economics, homes located near legal pot retailers have seen a significant increase in value versus those farther away.<\/p>\n

(Source: Realtor.com)<\/p>\n

For instance, single-family homes in Denver within 0.1 miles of pot shops rose in value 8.4% more than neighboring homes located farther from weed retailers.<\/p>\n

That’s a huge increase!<\/p>\n

In dollars, the pot boost translates into an average of $27,000 more per house.<\/p>\n

Legal pot venues need to work hard to show they’re serious professionals to state and county regulators, so they tend to be better financed and more upmarket than the average liquor store or tobacco shop.<\/p>\n

The net result is a clientele that’s more Starbucks than scumbag. The data show this bodes well for adjacent property values.<\/p>\n

It’s easy to use scare tactics suggesting legalized pot will ruin this or destroy that. It’s a tactic politicians have used for years.<\/p>\n

But as new data continue to roll out, disproving the old flawed assumptions and showing hard benefits for communities that legalize weed, those arguments against legalizing marijuana are falling flat.<\/p>\n

The floodgates are starting to open.<\/p>\n

Signal #2: High-End Art With a Pot Twist<\/p>\n

Another indication that pot is here to stay are the new markets that legal cannabis has created. These even include high-end art.<\/p>\n

Well, \u201cfunctional glass art,\u201d to be more precise.<\/p>\n

That’s what a Los Angeles art gallery is calling the $60,000 gun-shaped glass bong in its collection.<\/p>\n

A $60,000 glass bong shaped like an AK-47, featured on Grey Space Art’s website.<\/p>\n

If that’s a little rich for your taste, don’t worry \u2014 Grey Space Art also offers a handful of smaller, less elaborate smoking implements starting closer to $10,000.<\/p>\n

Think pot is just for stoners working at McDonald’s? Think again.<\/p>\n

As legal recreational marijuana gains are following in more states, a whole high-end ecosystem of cannabusinesses is being created for wealthy pot connoisseurs who can afford to spend a little more for the finer things.<\/p>\n

And it’s not just the accessory \u2026read more<\/a> <\/p>\n

Source:: Daily Reckoning feed<\/a><\/p>\n

The post <\/a>The Weed Shop Next Door\u2026 PLUS: Cannabis Goes High Society<\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Ray Blanco This post The Weed Shop Next Door\u2026 PLUS: Cannabis Goes High Society appeared first on Daily Reckoning. A couple weeks ago, I told you about the startling effect of pot legalization on teens. That being areas with legalized pot are actually less likely to have teen marijuana use. Once again, the prohibition […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/562467"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=562467"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/562467\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=562467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=562467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=562467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}