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I think the marijuana industry will more resemble the wine industry. Large bulk producers will cover the cheap end of the market but there will still be many hi
by unabridged 11y ago
I think the marijuana industry will more resemble the wine industry. Large bulk producers will cover the cheap end of the market but there will still be many highly respected small players.
- TeMPOraL 11y agoI don't have much experience with marijuana. Does it actually have the kind of brand dynamics wines have? Can we expect people to prefer indulging in the pot equivalent of 10 or 50 years old wine if they can afford it?
- SwellJoe 11y agoThat's a reasonable theory. Marijuana is not (currently) physically addicting, though I wouldn't put it past the tobacco companies to figure out ways to make it physically addicting and brand specific in its addictive properties...I'd even bet they're working on it. So, in that regard is may be similar to wine, which though it does contain an addictive substance, most addicts are not wine drinkers as it is a very expensive source of alcohol. I still tend to think it will shake out similarly to tobacco, moreso than wine, but it's an interesting thought experiment to consider which substance it more resembles and how it will end up being regulated, taxed, and corporatized, in the long term as legalization spreads.
- gozur88 11y agoI'm skeptical. Wine makers can differentiate themselves through the process by which they turn grapes into wine. The marijuana growers are more like grape farmers than vintners.