For years, the word “rich” carries a broad range of possible connotations – classy, refined, eloquent, regal … and high?
Gone were the days when the wealthy are boxed within the “prim and proper” notion. Today, the newer generations of the top 1% are more than willing to break the strict expectations and experience a different dose of high and wildness.
From business tycoons, politicians, to award-winning artists, here are 8 of the richest cannabis users.
Get to know them:
Perhaps, it is safe to say that almost every guy has heard the name “George Zimmer” before. He is, after all, the founder and former CEO of the popular clothing chain, Men’s Warehouse. Although Zimmer was fired as executive chairman in 2013 due to his “unwillingness to hand over the reins,” the entrepreneur remains to be one of the biggest fish in the cannabis pond.
In fact, in 2010, Zimmer has openly showcased his support for the legalization of cannabis by donating a staggering $70, 500 to support the Proposition 19 in California.
Five years later, in an interview with CNBC, the former CEO said he has been regularly smoking marijuana for half a century already. When asked about his stand about the marijuana prohibition, Zimmer is quick to respond, saying: “This is the biggest con that has been perpetrated on this country in the last century.”
No one can debunk the unpleasant stereotypes linked to marijuana users more than the American billionaire Ted Turner. Not only is he famous for founding the first 24-hour news network, CNN, but he is also regarded as America’s second-largest individual landowner and a self-made billionaire. In 2014, Forbes estimated Ted Turner’s net worth at $2.2 billion. Today, Turner continues to rise as one of the top media tycoons in the country.
For years, Ted Turner has been rumored to have been a marijuana user. Some sources even claimed he had been caught growing marijuana in his dorm room at school. Although the mega-mogul refused to clarify the rumors, his vocal support for the legalization of cannabis and his consistent role as a sponsor of the Kentucky Hemp Museum already seem to confirm the report.
Richard Branson is not the kind to back out from anything – even from admitting he smokes marijuana. In fact, in an interview with GQ magazine, the founder of the Virgin empire had admitted he tried using cocaine, ecstasy, Viagra, and marijuana.
“I haven’t tried skunk, I have smoked cannabis though. I mean, I went with my son on his gap year, for God’s sake. We learned to surf and had some nights where we laughed our heads off for eight hours,” the multi-millionaire airline boss told Piers Morgan.
As a bonus, the British entrepreneur also said that the first person to teach him how to roll a joint is none other than Rolling Stones guitarist Keith Richards.
For years, Branson has been one of the most devoted supporters of the legalization of marijuana and even said he’d put in on sale if it were to become legal.
No one lives the “American Dream” more accurately than Hugh Hefner. From astounding mansions, fanciful lifestyle, dream girls, to regular puffing of cannabis – this magazine tycoon seems to has it all. Despite his death in 2017, the founder and editor-in-chief of Playboy magazine remains to be one of the biggest faces of celebrity cannabis users.
“I don’t think there’s any question that marijuana should be legalized because to not legalize it, we’re paying the same price we paid for prohibition,” he told Fox News on 2010 when asked about his stand on the legalization of the plant. “In other words, it is a medical concern and it should be handled that way.”
In a book called High in America: The True Story Behind NORML and the Politics of Marijuana, Hefner shared how marijuana made him see sex in a different light. “Smoking helped put me in touch with the realm of the senses. I discovered a whole other dimension to sex. I discovered the difference between fucking and making love,” the Playboy magnate told Patrick Anderson.
Nothing tops Michael Bloomberg when it comes to being the face of success. Not only is he the co-founder and CEO of the financial, software, data, and media giant, Bloomberg L.P, but he also became a three-term Mayor of New York City. Forbes estimated his net worth to be a stunning $55B and was even hailed as the 9th richest people in the world.
In 2001, Bloomberg was asked by New York Magazine whether he had ever tried marijuana, in which he responded with the iconic line: “You bet I did. And I enjoyed it.”
He then later came to regret making the comment when the National Organization for the Reform of Marijuana Laws Foundation unveiled a $500,000 ad campaign featuring his face alongside the quote.
“In terms of, I had, certainly when I was younger, as I suppose most people in my generation, experimented,” he told during a news conference. “I never lie, so if somebody asked me a question, I told them. Do I, in retrospect, wish I didn’t say it that day so they couldn’t quote it? Of course.”
However, despite his experience with the plant, Bloomberg was not fond of decriminalizing marijuana. In 2013, he even called medical marijuana “one of the greatest hoaxes of all time.”
The American business magnate and co-founder of Microsoft isn’t just commendable for having the world’s largest private charitable foundation but also for his vocal support for the legalization of marijuana13 in his home state of Washington.
Although the Microsoft’s mogul has been mum on whether he had used to smoke cannabis, his 1994 interview with Playboy seem to suggest a possible answer. During the said interview, Gates was asked if he had ever taken drugs, particularly LCD. He responded by saying: “My errant youth ended a long time ago.”
When asked to further his answer, the American entrepreneur only said: “That means there were things I did under the age of 25 that I ended up not doing subsequently.”
Bill Gates now stands as the top 2 richest individuals in the world, according to Forbes.
Aside from his vocal support for democratic ideals and causes, the Hungarian-American billionaire George Soros is also a faithful supporter of the legalization of marijuana. In fact, since 1984, he has been injecting more than $80 million of his money to various alliances and networks for the advancement of the legalization of marijuana.
Although he said he finds no use for drugs, the prominent international investor admitted he once tried smoking cannabis.
“I tried marijuana and enjoyed it, but it did not become a habit and I have not tasted it in many years,” Soros said in an interview.
As a well-known humanitarian, George Soros believed that the marijuana laws are doing more harm to people than good.
“The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many other countries. But it did result in extensive costs and negative consequences,” he asserted.
Perhaps, we can all agree that no other CEO could top the grand stature of Steve Jobs when it comes to the public realm. After all, who would forget the genius mind behind the Apple gadgets? In 2010, he was hailed by Forbes to be the 17th most powerful person. And even when he succumbed to cancer in 2011, he was still regarded as one of the leading pioneers of the microcomputer revolution.
Prior to his death, Jobs’ involvement in recreational drug use is not a secret to the public. In fact, he was even able to give a talk about his drug experiences, particularly with LSD and marijuana. During the interview, the Apple Co-Founder expressed that his use of LSD was one of the “two or three most important things” he ever did in his life. He also said he and his friends used to smoke marijuana and eat pot brownies for some time before. For Jobs, the reason behind his marijuana usage stems from the relaxing effect the plant provides, along with its creative significances.
Today, Steve Job’s legacy continues to affect the computer, wireless, and even cannabis industries.
After his death, Daniel Kottke, an old friend of Jobs’ told CNN that Jobs’ experiments with drugs stopped with the dawn of his company, Apple.
“Once Apple started, Steve was really focused with all of his energy on making Apple successful… and he didn’t need psychedelics for that,” he explained.
Surely, the “high” and wealthy will always have their own ways to stay on top. From CEOs, politicians, sports personalities, to celebrities, there always comes a broad list of rich people who find leisure in the company of the green plant.
Who among these people do you fancy sharing a joint with?
Bella Thorne Launches Cannabis Brand, Partners with Glass House
Actress and musician Bella Thorne recently partnered with the Glass House Group to launch Forbidden Flowers, new cannabis and CBD brand on the market. The partnership announced its venture on Wednesday, October 9, 2019.
Forbidden Flowers is a brand which aims to users a wide range of strains and varieties of marijuana cultivated at the Glass House Farms in Santa Barbara. The strains include offerings from the Indica, Hybrid, and Sativa varieties, as well as a number of CBD products manufactured especially for the company. The company takes pride in growing these with the help of “coastal sun, organic standards and environmental sensibility to deliver uncompromising quality to consumers.”
According to Nylon, the company will be selling pre-rolls in packs of five. Meanwhile, cannabis flowers will be sold in packs of eight housed in glass jars.
The company is celebrating its launch with a seven-week tour, starting with a pop-up store in different locations. The initial launch of the Forbidden Flowers Tour started on October 10, 2019, with the first pop-up location being revealed on their Instagram page come Friday, October 11, 2019. Every Thursday until November 21, 2019, the company will be announcing its California locations on its Instagram page.
After the initial seven-week tour across the Golden State, the cannabis company will be selling its products in various locations in the state.
Bella Thorne and her Anxiety
In a press release, Bella Thorne revealed she has “struggled with anxiety for many years, and weed was the one source I found for me to do the most healing. Because of the properties in weed, I have been able to cope with my anxiety in a natural way, rather than my doctors trying to fix it using prescription drugs.”
Groovy Singh, chief marketing officer of the Glass House Group, said the “creative direction [of Bella] on Forbidden Flowers has been absolutely artistic and impressive. We’re proud to join forces with Bella in rolling out this sexy, enticing, high-quality brand that embodies her captivating spirit. At a time when more people are exploring the power of cannabis, we look forward to introducing a whole new community to the benefits of cannabis and to Bella sharing with her fans and consumers the ways she incorporates cannabis and CBD into her daily lifestyle.”
Through her different social media platform, Thorne hopes to reach and educate her fans and followers about the benefits of cannabis, and by extension, how she incorporates these into her daily life.
CBD Treats to Give Away to Adult Trick or Treaters
Halloween is certainly not just for kids. While the novelty of dressing up and going from one door to another may wear down with age, there’s nothing more fun and exciting than getting treats to eat during the wee hours of the night. Now that you are much older, you may finally understand the appeal of CBD edibles that are geared towards friends and other likeminded individuals.
If you have friends coming over or you are simply waiting for a few adult guests to come knocking at your door, you might want to surprise them with wonderful cannabis goodies. Not only will this make them feel loved and pampered, but it will also bring them back to their childhood.
While taking a dosage of cannabidiol directly under the tongue is still the way to go, there are other creative ways you can take and use this. Below are some ideas that might be of help this coming Halloween:
CBD Oil Edibles for Chocolate Lovers
Numerous guests prefer to eat cannabis-laced food items as it reminds them of their childhood trick or treating experiences during Halloween. Not to mention, eating cannabis-infused foodstuff is simply an unparalleled experience. Some of the hottest items on the market today include:
- Lord Jones CBD Dark Chocolate Espresso Chews
Nothing spells maturity (and caffeine!) than that of the word espresso. To give you that much-needed boost through the night, give your friends and adult trick or treaters with some of the finest cannabidiol infused dark chocolate.
- Lulu’s Artisan Chocolate: Chocolate Botanical Delight
Proudly made with 78% cacao with hemp oil complex, this chocolatey and indulgent delight will surely be a delicious addition to your gathering. Each square is enough for one person, so make sure to pass this bar around and have everyone get their fair share.
CBD Edibles Gummies for the Adventurous Soul
Let’s face it, chocolate isn’t exactly for everybody, although we don’t get why. So, for those who are seeking alternatives to the traditional Halloween favors, CBD gummies will make for a great substitute. Apart from its juicy and flavorful bite, it also lends a more relaxing vibe that will help you and your gang enjoy the night away.
- Lord Jones Old Fashioned CBD Gumdrops
The perfect cross a dense and light treat, the old-fashioned gumdrop boasts of natural fruit flavors filled with 20 milligrams of CBD per piece. Pass one to your circle of friends and watch this sweet treat take the edge off. This is particularly helpful for individuals who have anxiety and pain as this can promote calmness with every dose.
- Charlotte’s Web CBD Gummies
Made with whole-plant hemp extract and natural fruit and vegetable extracts, these organic creations promise a burst of freshness and juiciness with every bite. With different categories to choose from such as calm, sleep, and recovery, you’ll have no shortage of gummies to share with your visitors.
Cannabis-Infused Beauty Products for the Homebody
Think outside the box and share some industry secrets with your best gal (or guy) pals. Since you’re most likely spending the night together, why not throw in some CBD beauty products in their goody bags? Come morning, they’ll appreciate their refreshed and moisturized faces even more. Face masks are a convenient and hygienic way to impart moisture on a dehydrated face after a night of partying, so make sure to give some skincare products their way.
The CBD face mask from Joy Organics is a miracle worker. Apart from the calming and moisturizing benefits that come with the hemp oil and hemp extracts, the mask also encourages cell renewal thanks to the rosemary extracts. End your night with this and you’ll have a Halloween to remember.
With countless cannabidiol edibles making its way on the market, choosing adult-appropriate treats might have become more challenging than ever. Thanks to this guide, you won’t have to look any further. With these CBD oil edibles and favors, your Halloween just got even better.
How to Make it Big in the Cannabis Industry
Success in the world of marijuana is now more accessible to more people, especially for those who are truly passionate about the plant. Part of this can be attributed to the growing demand for legal marijuana. Market studies even predict that spending on the marijuana industry will continue to grow. It is foreseen to reach a whopping $31.3 billion by 2022. Because of this, more and more individuals are planning to jump into the fast-growing market.
Feasible Marijuana-Related Opportunities
If you are looking for ways to make it big in the industry, then you should definitely check out these feasible opportunities.
- Apply for Jobs in the Industry
One of the best ways to enter the community is by working in a cannabis-focused business. Because of the still increasing demand for this plant, more and more entrepreneurs are striving to supply the public’s request. In fact, this sector has been one of the greatest job generators in the country. Just last year, the marijuana community added over 64,000 cannabis jobs which shows a whopping 44% increase.
With such optimistic numbers, it is definitely worthwhile to consider working in the industry. There are a variety of opportunities when it comes to the cannabis industry. You can work as a budtender who works directly with dispensary clients, much like what a bartender is to bar customers. Working as a grower, trimmer or harvester at a cultivation site is also a viable option for those with a green thumb.
Other opportunities you should consider also include cooking cannabis-infused dishes, packaging products and delivering clients’ orders.
- Provide Ancillary Services for the Industry
Aside from jobs directly dealing with the plant, professionals from other sectors are welcome and needed in the cannabis industry. Businesses are in need of warm bodies not only in production sites and dispensaries but also in the back offices. How do you think businesses are able to manage their finances without accountants? You can also work as a graphic artist, writer, developer and marketing specialist for cannabis-related clients.
If working as an employee or as an individual service provider does not sound that much appealing to you, then you should definitely consider launching an ancillary cannabis company. These are businesses that specifically cater to marijuana-focused companies. The scope of these businesses is wide, giving you a whole lot of ideas to choose from.
When deciding what your prospective business should specialize in, it is important to consider your expertise. Are you currently a legal practitioner? Perhaps you want to focus on marijuana laws and build a firm that specializes in this area. Do you currently run a security company? You might want to cater to the security needs of cannabis dispensaries.
There is a lot you can do when you choose to launch an ancillary business. The only challenge is whether you pick the right option at the right time.
- Establish Your Own Cannabis Business
So, you may be interested in working directly with the plant, but you do not want to run an ancillary business. The most obvious choice is building your own marijuana-focused business. This lets you truly become a cannabis entrepreneur which is a great thing, especially if you plan to fully immerse yourself into this industry.
Those who have a background in culinary arts might want to try their hand in running cannabis edibles production business. You can experiment in various food containing cannabinoids CBD, THC and even actually buds. Your choices can range from chocolates, baked goods, candies, and even full-blown meal courses. If you have the means, skills and knowledge, you can even dive into the production of marijuana products such as CBD oil, vape pens and capsules.
If production is not your thing, then you might want to look into distribution options. You can establish a brick-and-mortar dispensary which will allow you to sell products to clients. If you want to take it one step further, why not launch an online dispensary complete with shipping services? This way, you are providing a worthwhile service to medical marijuana patients and enthusiasts alike.
Other great business ideas include cafes and restaurants.
- Set Up a Cultivation Site
Hardcore plant lovers can definitely make it big in the industry by growing their own plants. If you are one of these people, then you should be ready to dedicate a space for your farm. You should also be prepared to capitalize on various things including seeds, pots, equipment, and utility.
Keep in mind that you can optimally grow these plants under specific conditions. This includes adequate lighting, watering, ventilation and spacing. Expert growers will tell you that vigilant monitoring is one of the best ways to track the growth of your plant. You want to make sure that they are at the right temperature and humidity, as these can affect the growth of the buds as well.
To ensure that this venture goes successfully, you might want to take classes or do enough research on growing the plant.
- Invest in High-Yield Marijuana Stocks
Those who are into market trading might want to invest in cannabis stocks. Because of the demand growth experienced by the sector, more and more investors are taking an interest in such businesses. Likewise, more companies are becoming successful in the trading area.
As such, you need to watch out for the best marijuana stocks in the market. According to various companies will begin offering initial public offerings (IPOs). Purchasing shares from these entities gives you the opportunity not only to own part of the company but also to earn from them. You can earn through dividend payments or by trading your share.
Keep in mind that timing and luck play a huge role in market trading. This is because while stocks are high-yield investments, they are also highly volatile. This means that their values can fluctuate frequently and that a high-value share can become low-value in just a short while. So, make sure to keep your eyes on your investment and you will do great in cannabis stocks trading.
Events that Help You Explore Marijuana Opportunities
If you are intent on joining the sector, there are a few things you can do to find the best opportunities. Check them out below.
- Cannabis Expos and Festivals
One of the best ways to learn more about the industry and the numerous opportunities it brings is to attend events such as the California Cannabis Business Expo, Canna Grow Expo and Hemp Fest Canada. These events bring together many entrepreneurs and businesses in order to show off what they have to offer.
Those who have been growing some plants for their personal consumption might want to join competitions to see how their breeds will fare. One of the most prominent contests is the High Times’ Cannabis Cup in South and North California, Denver, Michigan, Seattle, Amsterdam, Detroit and the Bay Area. In fact, there is an upcoming Cannabis Cup in Oregon.
These events give you the chance to show off your growing and breeding skills. Who knows, you might even win, which can be a free marketing opportunity for your buds!
If you have been working professionally in the sector, you can join various summits. These conferences serve as a venue to discuss social, cultural, political and legislative impacts of the plant. The North American Cannabis Summit, New West Summit and Canadian Cannabis Summit are just some of the conferences you can participate in.
Tips for Launching Your Own Marijuana-Focused Business
Before you dive in and start your career or venture in marijuana, here are some tips you should definitely look into:
- Take the Time to Learn About the Plant – Just like any business, you need to do your research about your prospective product. The plant has a long history with humanity and learning about its historical, cultural, social, political and economic importance is the responsible thing to do. You also need to learn about the science of marijuana, including its variety and medicinal effects. This way, you are getting into a business that you truly understand.
- Make Sure to Take All Legal Steps – If you are getting into a business, it is important to do it right. You do not want to encounter legal issues in the future, or worse, worry about the legality of your business the entire time. So, see to it that you get the right licenses required to get your company up and running.
- Look into Cryptocurrencies and Blockchain Tech – Remember that marijuana, whether medical or recreational, is still not legal on the federal level. This is why many banks are wary of doing business involving marijuana and related companies. Some owners keep their earnings in the form of cryptocurrencies. Moreover, some also use digital cash for transactions, making it easier for sellers and buyers to do business.
Your cannabis career can be the greatest it can be if you choose the right path. So, whether you are planning to work in the industry or join it as a business owner, taking the right steps is always the best way. From learning about the plant to joining contests, there is a lot you can do to jumpstart your marijuana career and eventually make it big in the industry.
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