NFL on Cannabis: Joe Montana Joins Growing Number of Former Greats to Enter the Industry
As the legal cannabis industry grows, so do former players entering into the sector and the league’s stance on the plant medicine.
We’ve discussed how the NFL views cannabis in a considerable amount of detail, as well as how many former NFL stars are entering the cannabis industry. Now, one of the greatest quarterbacks of all time, Hall of Famer Joe Montana, enters into the cannabis industry as well.
NFL on Cannabis – Joe Drops a Cool $75 Mill
A cool $75 million is what Joe plans to invest in the marijuana operator Caliva, based in San Jose – according to a report from ESPN. Caliva is an interesting and promising company for Montana to invest in, as they operate a farm, a retail store, a distribution center, and a delivery service. Additionally, the Caliva brand distributes its cannabis products to dozens of other California-based retail locations.
To kick off his entrance into the emerging industry, Montana was the star guest at the recent American Cannabis Summit. This was a free hour-long webinar held that took place on February 25th. Whether you are a fan of American football or not, Montana offers some interesting cannabis investing insight on the webinar.
Former Players Who Love THAT LOUD
Of course, Montana isn’t the only former NFL player to join the industry. Steelers legend Franco Harris and former Miami star running back Ricky Williams also have their own places in the legal cannabis sector. A chorus of other former NFL players have come out in support of cannabis medicine and against NFL policy – including former number one overall pick defensive end Chris Long and superstar wideout Randy Moss.
Montana entering the cannabis industry has brought up an interesting question. Will Tom Brady join his former teammate Gronk and try his luck at legal cannabis when he finally retires? Montana and Brady are constantly compared for their play on the field. Why not compare how the two fare in the legal herb industry? It would only seem fair, right?
NFL on Cannabis – Better Policy Under New CBA
Joe Montana entering the cannabis space is a blip on the radar as far as March NFL news. Free agency occurred and the aforementioned GOAT Brady is now playing in Tampa Bay. It’s sad that the GOAT will play out his final career days in front of a plastic pirate ship.
Under the new CBA, the league still suspends a player for cannabis consumption. That is, “only in the event of extreme and repeated disregard of the policy or significant violations of applicable law regarding the possession and use of marijuana,” according to a report from NBC Sports Pro Football Talk.
NFL on Cannabis – The Draft Goes On!
The 2020 NFL Draft is also coming up on April 23-25. Hopefully, we won’t see any ridiculousness like the news about former first-round draft pick offensive lineman Laremy Tunsil. No one should drag a player through the coals because he takes a few tokes to relax in college. Not even if they use a gas mask bong. That is, of course, if the NFL Draft happens on time. The league says it will happen on time, despite the Coronavirus outbreak. The NBA and NHL seasons are still not happening currently.
Coming SOON to LOUD NEWS NET: Corporate Weed
As much as we love football, the NFL is a corporation at the end of the day. Speaking of corporations, we have a few important things to say about corporate weed. We’ll discuss corporate weed’s future impact on the cannabis industry. We will also discuss how small businesses can compete in the sector despite a potential corporate take over. Stay tuned to LOUD NEWS for our take on corporate cannabis.
Keep it Loud, Keep it Locked
Thanks for reading! Like what you’re seeing? Well, we are still here on social media – for now at least! Follow us on Facebook, Instagram, Twitter, Pinterest, and TikTok – @loundnewsnet on all platforms. Keep it locked on LoudNewsNet.com, and check back often as we continue to grow our Loud Originals section. Feel free to leave us comments and let us know what you want us to cover! Until next time, keep it loud!