Tag Archives: drugs

Drug Abuse as an Externality

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In the past few months the Economist and Time Magazine have reported that there have been steps taken to develop Ketamine as an antidepressant. This drug is a schedule III controlled substance in the US that is usually used to start and maintain anesthesia. It was first produced in the 1960s for this use, but soon began to run through the “club scene” in the US, Hong Kong, and Canada as a recreational drug. In 2009 the UN’s Office on Drugs and Crime recorded 6.9 tons of Ketamine being pushed through the illegal drug market. The drug could be helpful Continue reading Drug Abuse as an Externality→

The War on Drugs…in 1511

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Abyssinian goat herders may have been the first people to use the coffee bean for it’s psychoactive properties. The goat herders were likely to have observed their goats eating  red berries off one particular tree, Cofea. After trying the berries themselves the goat herders experienced the psychoactive properties of the berries, and somewhere along the line they learned to roast the beans to make coffee. Now, caffeine is the world’s most widely consumed psychoactive substance. And though it has become the world’s leading choice of stimulant, what happened before it achieved it’s popular status? Why was coffee banned with such force? Continue reading The War on Drugs…in 1511→

Stoned Moms: The Marijuana Industry’s Greatest Untapped Market

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If you’ve seen this video of grandmothers getting high then you’re going to love this Granny who loves her weed too. Since the legalization of recreational weed use in Colorado in 2012 entrepreneurs and investment bankers have been looking for the next big push to get the legal marijuana industry profitable. Justin Hartfield is the creator of WeedMaps, a yelp for marijuana dispensaries that marries the marijuana and tech industries into a modern entrepreneurial dream. However the next untapped market that the medical and recreation marijuana industry needs are everyday people, you, me, and your mom too.   Contrary to popular belief, the majority of Continue reading Stoned Moms: The Marijuana Industry’s Greatest Untapped Market→

Thesis Corner: Those High School Hooligans…

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Today, steroid use among professional athletes gets a lot of spotlight in the media. Those stories about “how the mighty have fallen” resonate the same message time and time again: kids, don’t ever use drugs. This public exposure has massive consequences; it tarnishes a professional’s athletic reputation (I’m sure Lance Armstrong can attest), handicaps their prospects for future endorsements, and leads fans to question their favorite star’s ethics. We can understand the allure of abusing performance enhancing drugs (PEDs), but while it is highly scrutinized in professional sports, this problem is less known among lower levels of sports competition. This Continue reading Thesis Corner: Those High School Hooligans…→