The Cannabis Wellness Center: Industry & Competitive Analysis

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The Cannabis Wellness Center | Industry and Competitor Analysis | * Introduction The Cannabis Wellness Center will provide services/products to customers who are medically certified. To qualify as a medically certified candidate you must have your physician certify that you have an eligible condition. Your physician will certify you if you suffer from severe chronic pain, painful peripheral neuropathy, intractable nausea/vomiting, severe anorexia/cachexia, hepatitis C infection currently receiving antiviral treatment, Crohn’s disease, Post-traumatic Stress Disorder, Amyotrophic Lateral Sclerosis (Lou Gehrig’s disease), cancer, glaucoma, multiple sclerosis, damage to the nervous tissue of the spinal cord with intractable…show more content…
Other economic influences could be that inflation may rise faster than expected in the future as a result of the U.S.’s selling of its debt overseas and the value of the U.S. dollar could fall. (Beams, 2004) C) Social: In the past, society viewed cannabis as a moral issue. (Drug and Alcohol Review, 1994, Vol. 13, No. 3, Pages 337-339) Now, society is beginning to accept cannabis as it becomes decriminalized in many states such as “Alaska, California, Colorado, Maine, Massachusetts, Minnesota, Mississippi, Nebraska, Nevada, New York, North Carolina, Ohio, and Oregon” (States That Have Decriminalized, 2004). Assemblyman Tom Ammiano has submitted a bill to legalize, tax, and regulate cannabis in California. Advocates hope that the new bill, AB 2254, the Marijuana Control, Regulation, and Education Act of 2010, will move forward through the Health Committee. “With recent years of evidence, it has shown that cannabis is safer than other legal drugs that cause lung cancer” (Canorml_Admin, 2010). D) Political: On November 6th, 1996, Proposition 215 (Compassionate Use Act of 1996) took effect as California Health and Safety Code 11362.5 making it legal for Californian patients and/or their designated primary caregivers to possess and cultivate medical cannabis for personal medical use. This law was passed the day earlier by the

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