Joe Rogan has signed an exclusive deal with Spotify, which will see his podcast, The Joe Rogan Experience, disappear from all other platforms. According to the Wall Street Journal, the multi-year deal is believed to be worth $100,000,000.
It has been described as a deal that could forever change the world of podcasts. A contract that was unthinkable just ten years ago when podcasts were still trying to find their feet, a deal that has put Spotify at the forefront of the podcast game. To quote The Verge, “The podcast game is now Spotify versus everybody else.”
But we aren’t here to talk about Spotify, and what this means for them. We are here to ask a crucial question: How much CBD can Joe Rogan buy with $100,000,000?
I know that no one asked this question, but I asked it, and I’m going to find some answers.
Who is Joe Rogan?
I wanted to start this section with a scathing comment on how people who don’t know Joe Rogan must live under a rock, but I won’t. I’m bigger than that. Instead, I’m going to give you a brief overview of Joe.
Joe is a man who wears many hats. Sometimes he is a comedian, other times an MMA commentator, but most know him as the host of the Joe Rogan Experience, one of the most famous podcasts ever.
Everyone wants to be on the JRE, and his guests are usually the who’s who in their field. He’s hosted presidential hopefuls like Bernie Sanders and Andrew Yang to business magnates like Elon Musk. When Elon appeared on JRE, he smoked a joint, attracting a storm of media attention and criticism, causing the stock price of Tesla to fall by 9%.
To put it simply, Joe Rogan is the Howard Stern of podcasts. Now, if you don’t know Howard Stern, you must be living under a rock.
What is CBD?
CBD is short for cannabidiol, one of the hundreds of compounds found in the cannabis plant. CBD is a significant part of cannabis, and according to research, makes up nearly 40% of the plant’s extract.
In recent years, CBD has become popular because of research that has shown it has lots of benefits. These benefits include helping people sleep, helping people deal with daily stresses, and research has also shown that it has anti-inflammatory properties.
Another reason why CBD has become popular is because of Epidiolex, the first FDA-approved drug to contain CBD. Epidiolex is used to treat seizures caused by two types of epilepsy: Dravet syndrome and Lennox-Gastaut syndrome.
Who uses CBD?
According to a Gallup survey, in 2019, 14% of Americans said that they used CBD.
To put this number into perspective, the US population in 2019 was around 328.2 million people. That means that approximately 45.9 million people in the US used CBD.
Kim Kardashian, 2 Chainz, and Joe Rogan are part of the 45.9 million.
Joe Rogan and CBD
Joe Rogan is one of the biggest fans of CBD and has spoken about it multiple times on the JRE.
In episode #1275, he invited Luis J. Gomez to the show, and they spent almost 10 minutes talking about the benefits of CBD. The duo swapped tales of their experiences with CBD. Joe zeroes in on CBD oil’s ability to fight inflammation, which is incredibly beneficial for people who suffer from a variety of conditions
In another episode, #1326, Joe and James Keenan spend a lot of time talking about CBD. In this one, Joe says that he prefers CBD to ibuprofen. At one point, Joe even said, “CBD is one of the best things I’ve ever tried for anxiety,” stating that it puts him in a great place.
Joe’s fascination with CBD is what led me to ask, “How much CBD can Joe Rogan buy with $100,000,0000?”
So let’s find an answer.
How much CBD can you buy with $100,000,000?
Full disclosure, I know that there is no way in hell that Joe Rogan would spend $100,000,000 on CBD, but it’s a fun little thought experiment.
To figure out how much CBD you can buy with $100,000,000, we need to start by looking at the price of CBD. But the market is currently flooded with CBD products. Companies are putting CBD in everything from CBD pillows to CBD gum, and we can’t consider all these products.
We are going to look at the ones most people are familiar with: CBD gummies, CBD softgels, and CBD salves.
After doing the math, $100,000,000 will buy Joe 2,503,128 packs of Imaginal gummies. Those are 75,093,840 gummies.
Imaginal has three unique types of softgels: Everyday Softgels, Melatonin Softgels, and Curcumin Softgels. For this thought experiment, we’ll use the Everyday Softgels. These softgels come in two forms the 10 mg softgels and the 25 mg softgels. The 10 mg softgels cost $44.95, while the 25 mg softgels cost $74.95.
After doing the math, $100,000,000 can buy Joe Rogan 2,224,694 packs of 10mg softgels. Alternatively, it can buy him 1,334,222 packs of 25 mg softgels.
For this thought experiment, we’ll use the Imaginal CBD Salve. Apart from CBD, these salves contain organic lavender essential oil and organic eucalyptus essential oil. One pack costs $54.95.
Imaginal 500mg CBD Salve
After doing the math, $100,000,000 will buy Joe 1,819,836 packs of Imaginal CBD Salve.
Before I started this thought experiment, I had no idea how much money $100,000,0000 is. Now I have a better idea, and I am floored.
$100,000,000 can buy Joe Rogan:
- 2,503,128 packs of Imaginal CBD gummies (a total of 75,093,840 CBD gummies)
- 2,224,694 packs of Imaginal 10mg CBD softgels
- 1,334,222 packs of Imaginal 25 mg CBD softgels
- 1,819,836 packs of Imaginal CBD Salve.
Even in 2 lifetimes, that’s more CBD than anyone can use.
Now that we know how much CBD Joe Rogan can buy with $100,000,000, I don’t know what we are going to do with that information.
Please share this article with your friends so that they too can wonder what to do with this information.