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> What do we think if e.g. the Coca-Cola Company got in the pot business? Is the fact that these Federal constraints are keeping big business out of the pot bus
by BossingAround 4y ago
> What do we think if e.g. the Coca-Cola Company got in the pot business? Is the fact that these Federal constraints are keeping big business out of the pot business good or bad?
That's one of the biggest fears of cannabis producers in states where it's currently legal, and it's actually a reason for some of the small business not supporting federal legalization. They don't want Amazon to invest billions of dollars, completely destroying current dispensaries.
I think the problem is that in the world of billion to trillion dollar corporations, like Amazon or Wallmart, the business can't be mediocre to survive. In the past, simply being "all right" got you by, but big corporations can do "all right" products. To survive nowadays, businesses must differentiate from the corporations to survive.
For the consumers, I think corporations taking over "all right" businesses is a good thing. For the society at large..? This probably shrinks the middle class throughout the world, and increases inequality in multiple ways, e.g. the inequality between the one CEO (and upper management) and hundreds of thousands, if not millions, of employees. So I'd personally count that as a "probably pretty horrible" reality.
- deleted 4y ago[deleted]