Jack In The Box Named Fast Food Chain That Could Benifit Most From Legal Weed
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https://www.youtube.com/watch?v=r5rlbOqQq7w
Next time Harold and Kumar get hungry, they should go to Jack in the Box.
The burger-slinging fast-food joint is poised to benefit the most if ballot initiatives to legalize recreational cannabis use pass in November, according to a report by analysts at Cowen and Co.
There could potentially be five additional states with legal marijuana laws after the November election: Arizona, California, Massachusetts, Maine and Nevada. California, which some cannabis advocates say is the most important state to win, is home base for Jack in the Box Inc. The chain operates the majority of its restaurants on the West Coast and in states either deciding whether to legalize marijuana or those that already have, such as Oregon and Washington.
California has an 80% probability of legalizing recreational marijuana, according to Cowen’s report.
“We believe quick-service restaurants are poised to benefit from increased spending on recreational marijuana as one side effect of THC consumption is increased hunger,” Cowen analyst Andrew Charles wrote.
Jack in the Box was not immediately available for comment.
Charles was one of 10 analysts across multiple industries, including health care and biotechnology, who did research for the 110-page Cowen report on the potential of the cannabis industry. The report estimates the current legal market for marijuana is worth about $6 billion in annual sales. The black market adds about another $25 billion to that.
Assuming cannabis use gains favor and those black market sales transition into the legal market with further legalization, analysts at Cowen forecast the U.S. cannabis market could be worth $50 billion a year by 2026.
Next time Harold and Kumar get hungry, they should go to Jack in the Box.
The burger-slinging fast-food joint is poised to benefit the most if ballot initiatives to legalize recreational cannabis use pass in November, according to a report by analysts at Cowen and Co.
There could potentially be five additional states with legal marijuana laws after the November election: Arizona, California, Massachusetts, Maine and Nevada. California, which some cannabis advocates say is the most important state to win, is home base for Jack in the Box Inc. The chain operates the majority of its restaurants on the West Coast and in states either deciding whether to legalize marijuana or those that already have, such as Oregon and Washington.
California has an 80% probability of legalizing recreational marijuana, according to Cowen’s report.
“We believe quick-service restaurants are poised to benefit from increased spending on recreational marijuana as one side effect of THC consumption is increased hunger,” Cowen analyst Andrew Charles wrote.
Jack in the Box was not immediately available for comment.
Charles was one of 10 analysts across multiple industries, including health care and biotechnology, who did research for the 110-page Cowen report on the potential of the cannabis industry. The report estimates the current legal market for marijuana is worth about $6 billion in annual sales. The black market adds about another $25 billion to that.
Assuming cannabis use gains favor and those black market sales transition into the legal market with further legalization, analysts at Cowen forecast the U.S. cannabis market could be worth $50 billion a year by 2026.
Comments
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I ? wit it when I was in Seattle this summer. Nothing special, no sweet tea, and the bacon doesn't taste the same.
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This ? is hilarious. I don't eat it but, if you live in an area with Jack in the Box, you get it.
-They're all over the place
-They're USUALLY open 24 hours
-Their food is cheap and they got a wide variety of ? .
-Their food isn't that great, but it gets the job done -
No ?
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Y'all ? goin to Jack n the ? tho..
Edit: 'Hell yea, hell yea' *cousin Harold voice* -
Breakfast all day is a plus too.
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lord nemesis wrote: »Breakfast all day is a plus too.
And lunch in the morning . That's why I eat there.
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Makes perfect sense. Every type of food - Chinese, Mexican - you could probably want. Open 24 hours. Made to order, can get anything at any time.
Hell, they already sell something called a "Munchie Meal"; back when they had the nuggets and breakfast burger, it was pure ? . And plus you got halfies fries and two tacos, which are hit or miss depending who you are, so it's right up their alley.
It's my go-to spot when I'm high already. -
Is this weed map accurate?
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First time I had that Ultimate Bacon Cheeseburger in '03 I was hooked.
Tried to tell my ? from the Chi but they wasn't hearing me
That ? is ? fr fr -
only had it twice once in Vegas and once in LA....cant remember if it was ? or not
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yellowtapesport wrote: »Y'all ? goin to Jack n the ? tho..
Edit: 'Hell yea, hell yea' *cousin Harold voice*
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Jack In The Box been catering to potheads.
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Joker_De_La_Muerta wrote: »Jack In The Box been catering to potheads.
https://youtu.be/QWeNQWsRmks -
I ? with it out in Seattle. Them 2 for $1 tacos are bangin. Lol my ? asian friend ditched me before our last smoke session, so I had to blow like a quarter ounce outside the airport on the sidewalk. I didn't like their burgers before but damn if a Junior Jack wasn't hittin that night. ? was so perfect I hit u-turn to order another one.
I WILL say it looked like the absolute worst place to work. All the workers were these indian women with sad looks on their face and all the managers were 60 year old white men clearly ? about where they ended up in life. Like if McDonalds is American Slavery, Jack in the Box is that high death rate Caribbean Slavery ? -
numbaz...80's baby wrote: »Is this weed map accurate?
In the Decriminalized states/cities you'll still catch Intent to Distribute if its in individual bags. -
I don't think there's one near Chicago . I would had thought White Castle would win though
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Jack in the ?
Jank in the crank
The soggy taco
I can see this happening ..... this is the official after the club stop to feed the jump offs -
Yeah.....cause it damn sure ain't the quality of food that keeps people coming back. Can't count how many late nights they got my $ by default because they were the only fast food spot open in the vacinity.
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they still got them 2 for 99c tacos?
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It's lit
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Jack n a ? ..str8 gabbage..
I'd hit bk before I'd settle for jnb.. -
Of course there is none my way smh
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Munchie meAl
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Those jack in the ? tacos used to be GOAT at 3 am when you just left the club, used to hit the drive through and order about 100 of them ? .