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Marijuana Stocks – What to Know When Investing In Cannabis Industry

Jordan Webber

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Marijuana Stocks, Cannabis Industry

As the decade starts, you might be keen on finding ways on how to better handle your finances and even grow your money. Financial advisers and even industry experts would say that one of the best ways to do this is by investing in marijuana stocks. This is where cannabis products and CBD products come in.

If you have been keeping your eyes peeled on the news, you might have seen marijuana stocks on the rise. Not to mention, the industry is undoubtedly growing at a slow and steady pace that’s been predicted to keep rising in the next few years.

Whether you are an avid enthusiast of the old green herb or simply an individual who is eager to take charge of his future, there’s no denying that the money is on cannabis.

Because of the steady climb and the momentum MJ has been getting, investing in some of the hottest companies and stocks are ideal. While it is indeed quite a challenge to part with your hard-earned money, there is no time like the present to strike while the iron is hot.

Why Invest in CBD Products

Before you jump in headfirst, it is always best to know what makes your chosen industry stand out from the crowd. In this case, we are talking about marijuana.

Alongside the recent waves of legalization hitting different parts of the United States of America as well as other countries, it seems that the new year has only brought prosperity in the region. More than providing a sense of hope after a nine-month downfall, marijuana stocks are once again seeing a rise in demand not just within different states in the country, but also in other parts of the globe.

The popularity of these can be chalked up to the public support rallying for marijuana legalization in the country. According to the Pew Research Center, 59 percent of adults in the United States say cannabis should be legal on both the recreational and medical level. With more people showing support and interest for the businesses, one can certainly expect returns in investment in the near future.

In addition to the growing support from different sectors of society, there are now more avenues and dispensaries where MJ goods and CBD oil products are now sold. From online websites to brick and mortar stores, it appears that one of the key factors why cannabis is getting more attention these days is its accessibility. After all, in a day and age where buyers are all about buying bang for buck deals, they can find establishments and licensed producers to give the down-low on what they intend to purchase.

Above all, more brands and products are joining the market. Together with the rise of new businesses and the strengthening of old ones, the novelty of new products seems to pique everyone’s interest.

Different Types of Cannabis Products

Prior to investing in the stock market, it is essential to have a deeper understanding of the different cannabis products at play in the market today. This allows potential investors like you to determine which route seems the best for you and what falls in line with your interest.

Edibles, marijuana, skincare vapes, concentrate– you might be asking, “what categories do these fall into?” On the one hand, there is medical marijuana. This category focuses on providing pain relief and pain management, as well as administering treatment to patients whose medical conditions can greatly be managed with marijuana. Among the products on the market, the most popular modes are tetrahydrocannabinol or THC, which contains the psychoactive compound, and cannabidiol or CBD, the non-psychoactive counterpart.

Recreational marijuana, on the other hand, focuses mainly on providing the public with access to products that are geared towards their enjoyment and relaxation. This mainly involves using THC-based goods. However, CBD oil items still remain highly in demand because of its versatility and potency – such as those found in skincare, edibles, and the like.

Marijuana Stocks Making Waves

Now that you are aware of the types of goods available on the market, it is high time that you learn more about the different players and companies in the field. Take a look.

  • Ancillary Product and Service Providers

These players are responsible for providing products and services that allow MJ-related businesses need. These include lighting systems and another equipment one may need to grow marijuana in the best conditions, and sometimes that includes fertilizer. These industry specialists are also regarded for their consulting and management services.

  • Biotech Firms

Drugs and medicine are undoubtedly one of the biggest players in the field because it caters to a wide range of patients with varying conditions. This is a primary reason why numerous biotech companies dedicate their operation and their resources towards developing and manufacturing cannabis-based drugs for its customers.

In short, biotech firms are in charge of creating medicines or treatments. These are usually aimed towards reducing and alleviating pain, reducing inflammation, relaxing muscles, stimulating appetite, and battling cancer cells.

One of the success stories is the rise of Epidiolex. Finally, approved in the United Kingdom by the Food and Drug Administration (FDA), the drug is now able to cater to Dravet Syndrome and LGS, two kinds of rare epilepsy found in children. GW Pharmaceuticals, with its Sativex brand targeting multiple sclerosis, also took 19 years in the making prior to making an outbreak in the sector.

  • Cannabis Exchange-Traded Funds (ETFs)

An ETF is responsible for providing investors with the chance to lower the risk of their investment. Rather than putting your money all in one place, an ETF provides individuals with investments in different fields within the industry. Apart from those found in this list, many ETFs are delving into partnerships and acquisitions of cannabis research facilities.

  • Growers, Producers, and Manufacturers of CBD Products and Cannabis

Cannabis items and CBD oil goods remain at the core of this thriving industry. This sector is mainly responsible for planting and growing marijuana as well as selling marijuana-based products in licensed establishments and dispensaries.

CBD firms, on the other hand, are focused on using the non-psychoactive component of the hemp plant and using it for other benefits such as pain relief, inflammation control, and the like.

What to be Mindful of When Investing in Cannabis Stocks and Products

  • Legalization Woes

Although the United States has taken steps to legalize both medical and recreational cannabis in the country, legalization on a federal level is something investors have to contend with. As such, companies that dabble in this business would have to result to use over-the-counter trading and buying as well as listing shares on the neighboring Canadian stock market.

Because cannabis remains to be illegal on the federal level, many financial institutions such as banks hesitate to work with MJ-related businesses. Moreover, related transactions are also not being services by these companies. With this, many businesses and consumers will need to keep on using cash instead of other more convenient options such as credit cards and online payment methods.

  • Infancy Stages

Since the marijuana industry and its foray into the legal scene is still in its infancy stages, you will need to give it time. More importantly, investors need to lend their patience, especially as the market is still coming back from its continuous decline in the past.

You also need to remember that scientists are still studying the plant, leading to the discovery and research of new cannabinoids. Moreover, the United States still considers the plant as a Schedule I drug, which hinders larger researches on the federal level. This means that there is more to learn and research about cannabis.

While this can be a good thing, the length and speed of research on newly discovered cannabinoids can lead to slow developments. Basically, current knowledge and trending products about marijuana will remain to be the mainstream knowledge until future significant discoveries occur.

  • The Law of Supply and Demand

The United States is not the only country to produce and sell marijuana on the market. In fact, there are countries that have fully legalized the plant. Countries such as Uruguay and Canada allow their residents to consume recreational marijuana, given that the companies and consumers abide by regulations. Because of this, companies have more freedom when it comes to growing, producing and distributing the plant and infused products.

Now, when it comes to supply and demand, the number of companies that venture into this business is rapidly growing. This includes big, international businesses that operate in the US and abroad, as well as local business owners. With the entry of big and small businesses, you can expect that the market will be saturated with products.

Conclusion

The cannabis market and industry continues to grow, especially with the optimistic mainstream perception of the plant. This is why now is a great time to invest in marijuana stocks and businesses. Just keep in mind that there are regulations you should consider and that legislation can change depending on your location.

 

Cannabis Legalization

ACT Legalizes the Adult-Use of Recreational Cannabis

Stacey Wellington

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Adult-Use of Recreational Cannabis

After months of waiting, residents of the Australian Capital Territory (ACT) now have access to legal adult-use cannabis, said SBS News. This legalization came after the ACT Legislative Assembly voted for the then-proposed bill back in September 2019, according to a report by The Guardian.

Last  January 31, 2020, residents of legal age will be able to carry a maximum of 50 grams. This new law will also allow them to grow up to two cannabis plants. Adults will also be able to carry up to 150 grams of “wet” cannabis. As the law legalizes marijuana for private and adult-use only, users are urged to keep the plant away from the public eye and children.

ACT citizens have expressed optimism about this development. One resident was pleased with this development and is hopeful about the benefits of the plant.

‘Opposed to the legalization of Recreational Cannabis in ACT’

This development was frowned upon by the Federal Government, which issued a warning to ACT residents. According to SBS News, the government said that residents “would still be breaking Commonwealth law” when they consume recreational cannabis, despite its legalization in the Australian capital.

During a speech to the National Press Club, Prime Minister Scott Morrison states that “states will make their own decisions according to priorities and complexions of their own government.” However, he emphasized that he “would expect the federal law enforcement agencies to press the law.”

ACT Chief Minister Andrew Barr noted that this development is progress when it comes to drug reform. Barr said that state law enforcement would be focusing on organized crime and large-scale production of illegal drugs. Moreover, this action seeks to make it clear that the state government does not want to penalize or stigmatize users.

Meanwhile, Dr. Nicole Lee from the National Drug Research Institute is optimistic about this decision. She criticized the stigma created by the war on drugs, saying that this campaign has pegged marijuana issues as a criminal justice matter.

By legalizing the plant, Lee said that cannabis will become a health and human rights issue. She emphasized that the negative effects of long-term excessive use will still persist even without legalization. According to her, legalization will make it easier for users to get the help they need.

In light of this move by the capital, New Zealand is also mulling on the legalization of the plant. It will hold a referendum in September.

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Cannabis Legalization

Cleveland City Council Oks Decriminalization of Low-Level Marijuana

Jordan Webber

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Low-Level Cannabis Decriminalization

Citizens of Cleveland are set to welcome a new ordinance that may be beneficial to medical marijuana patients after the City Council approved legislation on Monday eliminating penalties over possession of low-level marijuana.

According to reports, the Cleveland City Council had voted 15-2 in favor of a new ordinance that would eliminate penalties, including fines and jail time, for individuals who are to be caught with up to 200 grams or about 7 ounces of marijuana.

Under the legislation, called Ordinance No. 902-2019, individuals who have been previously convicted of marijuana possession would not be required to report the conviction during their pre-employment screening. Moreover, as part of the measure, the conviction will also set to not appear on the individual’s criminal record.

What we’re proposing is zero fines, zero jail time for anyone who has up to 200 grams of marijuana,” explained Councilman Blaine A. Griffin, the sponsor of the ordinance.

Let this be a bold first step in how we look at 21st Century policing,” he added.

Under the existing state law, individuals who are to be caught in possession of up to 100 grams of cannabis will be subjected to a $150 fine, while those with up to 200 grams will face a fine of $250 and up to 30 days of jail time.

To date, while Cleveland won’t be able to outdo the existing state laws, the city has the ability to regulate and implement local penalties for minor misdemeanor and misdemeanor crimes.

Prior to the voting, Mayor Frank George Jackson of Cleveland, along with including Police Chief Calvin Williams and chief City Prosecutor Karrie Howard, expressed their support for the legislation.

The ordinance, effective upon the mayor’s signature, will make Cleveland the latest addition to the ranks of other cities in Ohio that had decriminalized low-level cannabis possession. Among those cities include Cincinnati, Columbus, Dayton, and Toledo.

According to Griffin, the new legislation would help end the racial disparity commonly found in the enforcement of cannabis laws.

We have always known that African-Americans are sometimes seven times more likely to be charged with marijuana possession,” the Mayor expressed.

“In addition to good government, this is really trying to create an equitable policy, as well as moving to the 21st century and away from the ’70s, when it comes to marijuana and cannabis use,” he added.

The ordinance comes only a week after the city of Austin in Texas approved a similar legislation that will decriminalize possession of low-level cannabis in the city.

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Cannabis Legalization

Proposed Bill in Colorado to Protect Marijuana-User Employees

Jordan Webber

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Colorado Lawmakers Propose Law to Prevent Businesses from Firing Marijuana-Users

Two Colorado lawmakers had proposed to pass a law preventing businesses from firing employees who use cannabis outside of their work hours.

The HB20-1089, which was introduced by Democratic Rep. Jevon Melton of Aurora, prohibits employers “from terminating an employee for the employee’s lawful off-duty activities that are lawful under state law.

If passed, the bill will override a decision made by the Colorado Supreme Court in 2015, which upheld the decision of the company Dish Network in firing its employee, Brandon Coats, after the latter failed a random drug test in 2010.

While Coat’s use of marijuana is considered legal under the state law, the Court ruled that the decision to fire Coat is valid as the state’s “lawful activity” statute is only limited to activities that are legal under both state and federal level. Since marijuana use remains to be illegal at the federal level, this prevents people from recognizing the practice as a lawful activity.

It was just a glaring gap that we have here in the statute, especially when we’re supposed to regulate marijuana like we are with alcohol,” commented Melton. “If someone’s able to drink while they’re at home and on their free time, as long as they’re not coming into work intoxicated, then they’re not penalized with their employment.”

Proposed Bill  – What’s in it?

Under the bill proposed by Melton, “lawful activity” will be defined as those that are legal under the state law. This would make the use of marijuana a lawful activity, thus preventing employers from firing workers that engage in the said activity.

Melton’s bill is currently supported by fellow House Democrat Rep. Jonathan Singer of Longmont, who claimed that terminating workers over their legal marijuana use negatively affects the poor and that the state should “wipe the slate clean” for those who use the drug.

In 2012, voters approved the ballot initiative to legalize recreational marijuana use in Colorado. However, despite the amendment, employers can still fire workers who are to be caught using cannabis on or off their work hours.

“We’re really not creating a new law. This law has been on the books when it comes to alcohol and tobacco use; we’re just expanding,” Melton explained. “The way it’s written now, it’s broad enough to cover anything the legislature would legalize in the future. We didn’t want a future legislature to come back and revisit this when they legalize something else.”

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