Successful people, not just “lazy stoners”, want pot laws to change. That’s the message of new website Marijuana Majority, which displays over 600 influencers including Peter Thiel, Sean Parker, Paul Bucheit, and Dustin Moskovitz who’ve supported marijuana law reform through donations or quotes. Now it wants Twitter’ers to persuade pot-favoring politicians, celebs, and technologists to…
Tag Archives: Marijuana Investing
No, Buffett and Co. are not jumping into the production or distribution of marijuana, but they are trying to help those already in those lines of work.
Pot culture has been described as testosterone-fueled boys’ club in which women are objectified as “hot pot babes.” What happens on the stoner side of things seeps insidiously into the world of policy reform and legitimate business. Statistics are scarce, but the legal marijuana industry also seems to be heavily male dominated and more than a little alien for many businesswomen.
It has been estimated that the total revenue generated by Colorado’s cannabis market will reach $1 billion by early next year. According to the Huffington Post, by 2018 the cannabis industry will reach $8 billion. Needless to say, cannabis can be a very profitable business.
When Canadian Kash P. Heed has an opinion on law enforcement, or marijuana for that matter, people listen. Heed previously served as superintendent for the Vancouver Police Department, Chief Constable of the West Vancouver Police Department and Minister of Public Safety and Solicitor General for British Columbia. Since retiring from politics, he has become a medical marijuana consultant for growers concerned about drug policies and security.
On May 6, 2014, President Jose Mujica led Uruguay to become the first country to declare cannabis legal within a framework of regulations that makes policies in Washington and Colorado seem like something dreamed up at pot parties. Every Uruguayan consumer must register to remain within the system, and choose one of three ways to access their cannabis.
Rodrigo Silla, a cannabis farmer in Mexico, complained to The Washington Post that growing marijuana is “not worth it anymore,” and added how he wishes “the Americans would stop with this legalization.” Mexican cartels are having trouble competing with legal weed.
The Massachusetts government operates a dual medical marijuana policy. This includes strict regulation of street front dispensaries, and a laissez faire take on patients who prefer to grow their own or obtain it from a caregiver operating on a one on one basis. The latter was intended to allow patients to continue using their own sources. On May 11, the Boston Globe blew the cover on a medical marijuana cottage industry with blurred boundaries.
Colorado proposed credit unions could act as banks for marijuana investors. Breaking news: Colorado lawmakers approved. Gov. John Hickenlooper ready to sign.
A medical marijuana bill in Florida is on the brink of passing, as is a medical marijuana bill in Minnesota.
Ancient remedies reveal medical marijuana is no newcomer. Its history extends far back into the mists of time.
On April 21, 2014, CNN’s Political Ticker reported on a pessimistic exchange on Christie’s monthly “Ask the Governor” radio spot. His response to a probe concerning the benefits of legalizing marijuana was the flat retort, “You say it’s going to come down the road. You know it may come down the road when I’m gone. It’s not going to come while I’m here.”
Quinnipiac University news release from April 28, 2014: researchers report on opinions in Colorado following the January 1, 2014, legalization. The overall conclusion is good news for marijuana investors. The system is bedding down nicely. The majority seem content, although some dissent is inevitable.
By Richard Farrell Clark County in southern Nevada had just over two million residents in 2011, making it the most populous part of the state. It counts Las Vegas, where most things go easy, as one of the jewels in its crown. Attractions for greener visitors include towering mountains, and deserts with an eclectic range…
Washington has two overlapping marijuana statutes on the books. One is a medical marijuana law that went into effect in 2012. The other is the broader Initiative 501 that seeks to regulate marijuana possession. Before Gov. Chris Gregoire signed the medical bill in 2011, she exercised her line-veto right to remove a number of provisions, including the part that provided for a patient registry.
Investors are eyeing the Minnesota market carefully following a Senate Health and Human Services Committee decision on April 25, 2014, to refer a medical marijuana bill to a full sitting of the upper house for consideration. The bipartisan vote was a surprising three to seven in favor. The proposal has a bumpy road ahead of it, seeing that Gov. Mark Dayton favors research first.
When the SEC temporarily suspended the trading of GrowLife securities (OTCMKTS: PHOT) on April 10, it sounded an official fire alarm. Maybe GrowLife was simply sending smoke signals, but the SEC’s suspension was lifted yesterday and it appears many investors feared the company was in flames. Forbes reported stocks plummeting 60 percent before lunchtime and by close of trading, the stocks were down 58.17 percent.
The motto of The Centennial State is “nil sine numine,” which means nothing without help from the powers above. Providence also means prudence, foresight and sagacity. Colorado had all three in abundance when it came to recognizing citizens’ rights to marijuana. Its wise decision has also sparked new business opportunities.
The Zazzz vending machine and the Amherst pot party are signs of a minor revolution sweeping through America. While they pale in comparison to more historic social movements, there are similarities because Americans are tired of waiting for change so now they are demanding it.
For investors, the burgeoning marijuana industry provides many different opportunities for financial growth. Entrepreneurs are rapidly opening businesses in the hopes of joining the green rush.
Tensions have been running high in Minnesota lately, with Gov. Mark Dayton facing a television commercial that openly accuses him of singlehandedly blocking medical marijuana. However, he isn’t blocking all medical marijuana, rather he has been trying to steamroll a restricted measure that only permits medical marijuana for seizure disorders. Activists have discounted this because it deprives many other patients of the benefits.
By Richard Farrell Medical marijuana is supposedly high in healing cannabidiol (CBD), but low in psychotic tetrahydrocannabinol (THC). The heady stuff has a generous helping of the latter. Since near a majority of states legitimized the medical version, researchers have been seeking ways to rid it of traces of THC. There are several reasons for…
Investors: Don’t be fooled, stock promises for “high” returns are often broken.
Colorado Supreme Court orders lawyers may advise on marijuana matters
The fact that many patients – especially children – actively avoid a high has led to the development of two broad strains. One of these is high in THC, and the other in CBD.
Over 40% of the legal marijuana consumed is in the form of edible products
As the legal marijuana bubble continues to expand, a once-secret industry is out in the open and wearing a business suit.
Alan Brochstein talks to Steve Kubby of Kubby TV about investing in stocks within the cannabis industry.