FruitOfTheVale
Superstar
IMO the key message of the video is about what's going on right now with the exploding medical weed industry. Specifically Jay-Z made a very astute point about WHO is being allowed to corner that market and who isn't.
Anybody with the market insight, capital and the ability to get a license is breaking their neck to get in on the action. The laws in Colorado do not permit you to get a marijuana distribution license or be a financer of a marijuana business if you have a felony. They just reached a similar decision in Michigan when a convicted drug felon attempted to open up a dispensary.
In other words, the literal 100s of thousands of felons with weed related convictions that have the market insight and in some cases even the access to capital cannot use their knowledge of the product/consumers/market fluctuation/delivery to participate in the fastest growing industry in America. And even if you ain't the face of the company you're not allowed to finance it (read: majority and/or part shareholders, venture capitalists).
To spell it out all the way , the government put a big NO nikkaS sign on the medical weed industry from the jump. Who's been out here getting convicted for possession w/ intent to sell for the last 3 decades? Or more importantly, who wasn't getting convicted?
The government is getting their cake (new tax revenue) and eating it too (they're still gon put nikkas in the Feds for having an ounce or better)
Anybody with the market insight, capital and the ability to get a license is breaking their neck to get in on the action. The laws in Colorado do not permit you to get a marijuana distribution license or be a financer of a marijuana business if you have a felony. They just reached a similar decision in Michigan when a convicted drug felon attempted to open up a dispensary.
In other words, the literal 100s of thousands of felons with weed related convictions that have the market insight and in some cases even the access to capital cannot use their knowledge of the product/consumers/market fluctuation/delivery to participate in the fastest growing industry in America. And even if you ain't the face of the company you're not allowed to finance it (read: majority and/or part shareholders, venture capitalists).
To spell it out all the way , the government put a big NO nikkaS sign on the medical weed industry from the jump. Who's been out here getting convicted for possession w/ intent to sell for the last 3 decades? Or more importantly, who wasn't getting convicted?
The government is getting their cake (new tax revenue) and eating it too (they're still gon put nikkas in the Feds for having an ounce or better)
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Dropping this video during election year is lightweight a slick way of bringing more attention to that, I'm sure Jay would want to put a hand in that pot if he could.
this is a nice article coming a camel that sold drugs and lost bricks