Mindset Sunday Reading 1/29/23

Interesting Reads for Your Sunday

Cannabis links:

We are in the midst of a horrific opioid crisis. A new study shows that after legalization of cannabis, opioid usage falls 26% in the short term and after four years falls 37%! When you ask yourself who is against cannabis legalization, its not hard to guess who.

Tom Angell 🌳📰ⓥ @tomangell

ANOTHER NEW STUDY shows that marijuana legalization is tied to reduced opioid prescriptions. Using DEA data, it shows a "26 percent reduction in retail pharmacy-based codeine distribution" in legal cannabis states. marijuanamoment.net/dea-data-shows…

“Lasseter, of the visitors bureau, estimated that Humboldt County is on track to lose 50% to 70% of its cannabis farms.” Supply continues to be taken out of the California market. This is supportive of higher prices, which I wrote about here.

Very important research showing that “state medical and recreational cannabis policies were not associated with a statistically significant increase in rates of psychosis-related health outcomes.” There had been some reefer madness around the potential for a link between higher cannabis usage and pyschosis. Turns out it is not true.

New York is really struggling to rollout adult sales and has a thriving illicit market. That is why it is really interesting to watch this law requiring requiring reimbursement for medicinal cannabis work its way through the New York Senate. It is proposed to go into effect on April 1 and in my humble opinion would be an amazing way to stand up the legal industry immediately. Who doesn’t like free or $5 “co-pay” weed.

Miscellaneous Links:

If you want to see what happens to a country that rejects immigration as a solution to falling fertility, Japan is a good place to start.

This was a great article about the different ways people think. “Some people say their thought takes place in images, some in words. But our mental processes are more mysterious than we realize.”

Raj Kunkolienkar @kunksed

@_ali_taylor Books are just expensive chrome tabs

ali @_ali_taylor

i buy books at 5x the rate i read them

cyriac @ryiacy

Started reading the Trader Joes book and an interesting point he makes is that a big part of why America worked well in the 50s is that most institutions were staffed by overqualified men with a ton of life experience from the great depression + war

Homelessness:

I’m working hard on the non-profit side on homelessness. Last year, the non-profit I’m on the board of, Dignity Moves, built 165 pre-fab pop-up units, and we plan to build much more. Here is an article about one of our projects.

And here is a video we made about our initiative in Santa Barbara:

Comedy:

Lil Uzi Hurt 🥺 @lostblackboy

My sister is planning to take her teen daughter to Paris. She said, “I need to make sure she sees the world so she’s not impressed when one of these little men try to take her on a trip to Miami.”

Aaron Salz @StoicAdvisory

Signing and announcing a deal in cannabis vs. Closing

John Bai @BohnJai

bro let's go skiing in tahoe bro it only takes 3 hours to drive 1 mile from the $800/night airbnb bro please we can split a 4-piece chicken tendies for $28 and head back down to sf at 11pm to avoid traffic

EBITDAddyLBO @EBITDAddyLBO

If adjusted EBITDA were a person