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The marijuana industry is often thought to be male dominated until Cali Premium Produce CEO Priscilla Vilchis came on the scene. Vilchis is one of Los Angeles County’s final 13 marijuana applicants.

As the city prepares for its new cannabis industry, local government Lynwood City Council gave preliminary approval for 13 different applicants to secure a position in LA County’s new industry. The approval was given at a board meeting on July 18th.

Among the applicants is one of Los Angeles County’s first legal growers is Cali Premium Produce, Inc. CEO Priscilla Vilchis. Out of Lynwood’s over 100 applications, Vilchis was recommended to receive two licenses for cultivation and production.

A Woman On A Mission To Become A MMJ Industry Powerhouse

Vilchis is the only minority woman on the list of the 13 pre-approved applicants, helping to bridge the barrier between multi-million dollar companies, and people trying to enter the industry. Vilchis has helped to turn many companies into successful businesses growing their revenues into the millions before even entering the medicinal cannabis market.

The new adult use licenses will help Vilchis’s company to accomplish their goal of cultivating and harvesting the highest-quality cannabis flower available for wholesale to the California market. They also have the goal of maintaining responsible use, education, public safety and job creation.

In Las Vegas, in 2014, the Los Angeles based entrepreneur opened her first cannabis venture when her company Premium Produce, LLC was awarded two licenses from the Nevada Department of Health and Human Services.

Vilchis has been called the ‘Queen of the Desert’ which has ensured her place among the American Cannabis pioneers. Her hometown of Lynwood is a small town in Los Angeles County and among one of the first cities within the country to give out permits since the marijuana legalization laws passed on November 8th.

with many possibilities for a new market in marijuana, many are excited to see where Vilchis will take the industry.

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Marijuana-Stocks-Money Nug

With a huge push in the last few years for marijuana’s legalization, the industry has never been this high (no pun intended). Since election day in 2016, various states across the U.S. have pushed for legalization for medical and recreational cannabis, leading to the growth of industries doing everything from pharmaceuticals to cash transport and all in between.

The large wave of legalization that took place across the country on election day left many with mostly speculative ideas about where the industry could go, but since the first IPO for cannabis, many have taken the dive into the budding market.

Currently, there are 21 states plus Washington, D.C., that allow the sale of some form of marijuana weather that be medicinal or recreational. This has made for a new market of ancillary companies dedicated to all things related to the industry. With an expected growth from $1.5 billion to almost $4 billion by 2018, the market continues to attract new companies with hopes of breaking in to the current boom we’re seeing.

The industry has stayed at the forefront of trading topics since the first IPO was announced as any smart investor would jump at the prospect of a huge industry on the horizon. With product suppliers, marijuana retailers, dispensaries and more, the need for lawyers, accountants and security consultants becomes extremely relevant. Marijuana has taken over a large part of the market with buzz being generated daily and new highs being hit. Not only is there incredible opportunity for the investment market, but in the ancillary businesses as well.

With no rules or guidelines as to how this market will grow, the possibilities remain unlimited as projections skyrocket for the coming years. It’s no wonder that marijuana has at the top of the trading topics and hype for almost 2 years. Although the federal government still classifies the drug as a schedule 1 narcotic, the hopes that the scheduling will change are slowly coming to fruition. With more and more states pushing for legislation to legalize the plant as well as recreational and medical industries booming, it looks as though the marijuana market is here to stay.

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Marijuana-Stocks-Nevada cannabis

The opening of Nevada’s recreational marijuana market has been a catalyst to many companies, however, some have benefited more than others.

Some of the biggest beneficiaries have been the vertically integrated companies as well as the holding companies.

One company that has benefited the most is mCig Inc. (MCIG). The company is levered to several legal cannabis markets and it has benefited from its unique and significant exposure to the Nevada market.

Posts Record Revenues and Enters New Markets

Today, mCig provided its shareholders with the latest project updates for Grow Contractors (its construction and consulting division), as well as its cannabis supply division after it entered the California cannabis market and posted record sales.

mCig said Grow Contractors will shatter its previous record revenue numbers after it took on cultivation management contracts and delivered on its plan for cultivation and production ownership while it mitigated risks through its consulting services. The company said the boom in Nevada will has led to an influx of requests for work. Some updates to mCig’s Grow Contractors division are as follows:

Nevada Projects:
• The $3.5 million, 330,000 square feet cultivation and extraction project known as Solaris will be Nevada’s largest cannabis facility. With all the required approvals in place, Solaris has been focused on construction.

• GWGA (formerly Sin City) was completed by Grow Contractors before the recreational deadline in Las Vegas. Although it is a relatively small facility (6,500 square feet), they have fully optimized the facility with vertical growing technologies to produce as much product as a 10,000 square foot facility.

• Acres Greenhouses: Following a signed contract and design phase approvals, Grow Contractors began work on 40,000 square foot of Greenhouses for Acres Farms in Amargosa, Nevada. Prior to the working relationship, Acres had existing greenhouses which were partially built and about 15% complete. The company will complete the greenhouse project soon.

Oregon Project:
• Located in a premier Oregon location 20 minutes from Portland, its $1.6 million, 115,000 square foot cultivation project is 90% complete. The facility has the latest lighting technology and is the first United States facility to use advanced DE HPS lighting by DEva Revolution. The two on-site licenses are operated by two master growers and the facility can produce 500 pound harvests on a monthly basis.

• Grow Contractors has many potential growth opportunities in the Oregon marijuana market and its current project slated to be completed by the end of July. The company is in discussions with a client to discuss a management relationship, expansion plans driving additional construction projects, and a potential joint venture.

Cannabis Supply Update
• Cannabiz Supply has become the go to supplier of packaging, accessories, and branding solutions for Nevada’s legal cannabis market. Increasing customer demand has allowed the company to increase its sales team, inventory, and move to a larger warehouse.

• Cannabiz Supply has started to expand its services with a new California sales office that will accommodate the hiring of additional team members and sales reps. A new rebranded website is expected to launch at the end of the month.

An Execution Story

We are favorable on this update and expect to see a favorable reaction from the market. Shares of mCig have come off its recent lows and we expect to see the company continued to report strong growth.

With leverage to massive marijuana markets like California, Nevada and Oregon, we are favorable on mCig’s long-term leverage and believe this is a company that investors need to watch.

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Those who work in the marijuana industry with in the United States were to ever come together, there would be more of you than there are massage therapists, bakers or other classic paths to the middle class.

Marijuana Industry Employees To Outnumber Pharmacists Soon?

Legalization advocates have long touted cannabis’s value as a potent job generator—a very meaningful promise in areas that have never fully recovered from the Great Recession and the steady transformation of good, single-earner careers into “gig work,” temp work and other sad excuses for meaningful work provided by late-capitalism. (Show us an Uber driver, and we’ll show you someone who used to have health insurance and a retirement plan, and is now ferrying your cheap ass around for less than the cost of the service in order to satisfy venture capital.)

According to a review of federal employment figures from Marijuana Business Daily, there are as many as 235,000 people employed in the American marijuana industry—which means there are more budtenders, cultivation-house workers, delivery drivers and other cannabis industry professionals than there are dental hygienists.

And soon, if the cannabis industry’s heretofore explosive growth continues, weed workers will outnumber telemarketers and even pharmacists.

How was such a number calculated? MJ Biz Daily sources its estimate from “a variety of methodologies,” none of which it is publicly sharing. The website did survey cannabis industry companies to ask how many workers each firm employed, and then used that data to arrive at an “average number of employees” for each marijuana-related company. The firm then guessed at the “estimated number of companies in each sector,” and then arrived at what is an admittedly a wide, wide estimate: between 165,000 and up to 235,000 cannabis workers.

And that term is broad, indeed, covering as it does anyone involved in the marijuana industry. That could include a testing lab or, conceivably, a store clerk at a garden-supply store, as long as it’s an “ancillary company that glean[s] a sizable portion of their revenue from the marijuana industry.”

These figures are rosy, as is any estimate of the marijuana industry’s size and strength from cannabis-related investor networks or publications. (Another estimate from January, from the venture-capital-backed marijuana news website Leafly, estimated that there are closer to 135,000 jobs in marijuana, with a third of them in California.)

At the same time, there’s no doubt that the cannabis industry is creating jobs.

According to an analysis (also created by the marijuana industry) and published in the Washington Post, Colorado’s billion-dollar-a-year marijuana industry sustains 18,000 jobs.

That’s also an estimate, but other clear signs of cannabis’s economic clout can’t be denied by anyone.

Real-estate prices in Denver are skyrocketing, with top dollar paid for properties that are either zoned or built (or both) for marijuana production or sales. Even the briefest search of popular job boards reveals hundreds of hiring cannabis companies, in seek of C-Suite level executives and professionals as well as $15-an-hour budtending gigs.

Every marijuana job fair across the country is absolutely swamped with job-seekers, who come wearing suits and clutching professional resumes that, a few decades ago, would have landed them an entry-level gig in a career-tracked company.

Donald Trump has yet to deliver on any promise to restart America’s economic engine. As it happens, the very states that put Trump into office—Ohio, Pennsylvania, Florida—are launching medical-marijuana industries.

Coal won’t save the Rust Belt—unless by “saving” something, you want to choke it to death—but marijuana will. Provided that Trump’s Justice Department lets it happen.

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The United States marijuana industry has come under attack and this attack is being fueled by false statements and claims from various members of the White House administration.

Yesterday, Deputy Attorney General Rod Rosenstein added fuel to the fire when he appeared before the Senate and House Appropriations committees.

Rosenberg called marijuana an unlawful drug from a legal and scientific perspective, and said it is properly scheduled under Schedule I. He also said that the Cole Memo remains its policy for the moment and that there may be an opportunity to review it in the future.

Cannabis is an Effective Treatment for Millions in America

Currently, 30 states and the District of Columbia allow for use of medical cannabis. The medical cannabis industry is a multi-billion-dollar industry that employs hundreds of thousands of people.

With almost 2 million patients across the country, the medical marijuana industry is just getting started and has already improved daily life for millions-on-millions of people across the globe.

Cannabis Legalization Provides Relief

Painkillers have become a serious issue in the United States. During the past 15 years, America has seen a tremendous growth in both the sales of prescription opiates and the number of people who die each year from abusing them. Researchers from the RAND Corporation and the University of California-Irvine (UCI) may have found the answer and that is marijuana.

The researchers discovered a reduction in the number of opioids related overdoses, as well as a reduction in number of admissions to addiction treatment center in states that legalized marijuana. The researchers also found that these states experienced significant reductions in both measures if they also legalized marijuana dispensaries.

A study conducted by the University of Georgia in 2016 reported a significant reduction in Medicare Part D prescriptions (the Medicare prescription drug benefit that subsidizes prescription drug costs) in states that have legalized medical marijuana, including an 11% reduction in pain-related prescriptions.

In 2014, a study conducted by the Journal of the American Medical Association reported a 25% decline in accidental opioid deaths in states where medical marijuana is legal.

Improving Daily Life Across the World

Cannabis can treat countless debilitating diseases and improve the daily life of millions of people around the world.  Despite all the fake news being reported from the White House pertaining to medical cannabis, the facts don’t lie.
Although the United States is led by an Attorney General who has called the use of medical cannabis as desperate and said it is only slightly less awful than heroin, cannabis continues to save lives every day.

Cannabis is a medicine and it is time for the United States to treat it as one.

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This morning, Vancouver based company First Bitcoin Capital Corp (BITCF) announced its second Initial Coin Offering (ICO). The cryptocurrency craze has been hot lately with many seeing uncapped potential within the market itself; bitcoin has taken a major role in this latest excitement. But now it looks like the marijuana industry could be ready to see a new currency, WEED.

First Bitcoin launched its first ICO for “Altcoin” and now has announced its second ICO for its cryptocurrency with a coin named WEED. There are similar currencies out there such as POTCOIN but obviously if you have anything called “WEED” in a marijuana related industry, it could become that much easier to identify. WEED coin takes advantage of the same Bitcoin Blockchain, Omni protocols as their previously launched Altcoin.

“WEED commemorates the global legalization of marijuana and is the next paradigm of money for all things cannabis” according to the company. There is one caveat though. Besides actually having an account to buy cryptocurrency, in order to purchase WEED, apparently traders will need to send a different coin (1 President Johnson coin -$GARY) to the company’s bitcoin wallet. 1 GARY is around $0.023 right now, where 1 bitcoin is about $2,825.

In the company’s press release, they specifically state that in order to insure receipt of the WEED coin upon transferring GARY to the company’s address, people will need to use their own personal Omni Wallet addresses and not an exchange provided wallet. The reason for this is that they may not be prepared to credit those WEED tokens to the senders’ accounts.

“Upon 6 confirmations, the WEED coins will safely arrive in your personal Omni Wallet. This process is fully automated and requires no manual processing by the issuer of WEED.”

So, it looks like two of the most speculative markets are converging with the launch of this latest ICO. We can only imagine what else will come of the growing marijuana industry as mainstream industry work to gain market share via a multitude of ways. This new cryptocurrency is just another example of how legal marijuana is attracting businesses of all shapes and sizes right now.

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Canada plans to legalize recreational cannabis before July 1, 2018, and the industry continues to steal headlines as this has created great opportunity for both companies and investors.

Although the opportunity is significant, the process of becoming a licensed medical cannabis producer is very lengthy and expensive. These factors have resulted in the country having a supply and demand issue for the medical cannabis market.

Legal recreational cannabis is supposed to significantly increase the amount of cannabis in demand and Health Canada, which is responsible for the regulation of the medical cannabis market has made it easier for companies to get the required licenses.

Health Canada Streamlines Application Process

In late May, Health Canada announced that it has made some changes to streamline the application process to become a licensed medical cannabis producer. These changes will also increase overall production.

Since the licensing program came into effect in 2013, 45 medical marijuana production licenses have been granted (currently 428 companies applying to become licensed cannabis producers). Some of the changes announced by Health Canada include:

• The hiring of new employees to speed up the application process
• Permitting licensed producers to manage production based on their vault capacity
• Increased freedom to modify and expand their facilities

The biggest change announced by Health Canada pertains to production management. Under the new regulations, licensed producers can increase production within their facility to the maximum they are authorized to store, based on the capacity and security level of their vault(s) or safe(s). This will allow licensed producers to better manage production as necessary to meet demand.

Also, licensed producers will be able to store low-value cannabis waste products in a secure area outside of their vault. This will immediately impact the storage capacity of the LP’s, enabling increased production of finished cannabis products.

An Industry Ready to Bounce Back

Although these companies have been very attractive and profitable investment opportunities, they have been under significant pressure this year and the stocks have come well off its 2017 highs.

Several analysts warned cannabis investors about the massive investor fatigue plaguing cannabis licensed producers. One of the best way to protect yourself against this trend is by focusing on companies that have differentiated itself from its peers. We want to highlight five these companies and explain what and if they have a competitive advantage.

• Canopy Growth: The largest and most diverse licensed producer in Canada. The company has made two large acquisitions in the last two years (Bedrocan and Mettrum Health) and is an attractive stock due to its global presence (Australia, Canada, and Germany), its continued execution and track record, its improving fundamentals, and its management team.
• Aphria: One of the lowest cost producers due to its greenhouse production style. The company has made investments in the burgeoning United States cannabis industry and is levered to states like Arizona and Florida.
• Aurora Cannabis: One of the fastest growing licensed producers and has one of the strongest balance sheets when compared to its peers. Through acquisitions and investments, Aurora has become levered to international markets like Australia and Germany
• Cannabis Wheaton: Operates under a streaming model and does not actually touch the plant. Has secured deals with 17 producers across Canada. The shares have plunged after announcing a new financing deal and we continue to monitor trading after Cannabis Wheaton announced that Hugo Alves was appointed as President and Director of the company.
• Emblem Corp: The company is focused on two major markets. The development of biotech treatments derived from cannabis and the production of high-quality cannabis. Emblem has come off its recent lows and seems to have found a bottom. This is a stock to watch.

Disclaimer: Pursuant to an agreement between MAPH and Cannabis Wheaton (KWFLF) we were hired for 30 Days to publicly disseminate information about (KWFLF) including on the Website and other media including Facebook and Twitter. We are being paid $150,000 (CASH) for and were paid “0” shares of restricted common shares of Cannabis Wheaton. We may buy or sell additional shares of (KWFLF) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

Authored by: Michael Berger

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2017 has been a year to remember and we are not even at the mid-point yet…

From the largest country in the European Union to entire continents, 2017 has been highlighted by the opening of new, major cannabis markets. This theme has been consistent over the last few years, and it is just getting started.

Australia is Becoming a Hotspot for Cannabis Businesses

In February, the cannabis industry recorded a major milestone after the Australian Parliament passed a measure which made it the first continent to legalize medical marijuana.

Cann Group Limited (ASX: CAN) was the first Australian company to be licensed by the Office of Drug Control for commercial medical cannabis cultivation and production. The company has facilities in Australia’s northern and southern region and is currently expanding both of its facilities to satisfy expected future demand.

Cann Group’s expansion project is fully funded and the company is focused on completing the buildout of its facilities, securing licenses for expansion purposes, and executing on its business plan.

In late May, Cann Group received the necessary permits to commence cultivation and will plant their initial crop in the next few days. The company expects to harvest its initial crop in early August if everything goes to plan.

Canadian Producer Set Sights on Australia

In March, Cann Group announced that Aurora Cannabis (ACB.V) (ACBFF), a licensed medical cannabis producer in Canada, acquired 19.9% of the business and became the cornerstone investor ahead of its initial public offering (IPO).

Another titan of the industry, Canopy Growth (WEED.TO) (TWMJF) has also entered the Australian medical cannabis industry through a partnership with AussCann (ACNNF). Canopy Growth is the largest licensed medical cannabis producer in Canada and the company will help AussCann increase market share and capitalize on the Australian cannabis market.

Canopy is not only one of AussCann’s largest shareholders but they have also granted them royalty-free access to their intellectual property as it relates to cultivation, supply, and manufacturing of medicinal cannabis.

The Marijuana Train Has Left the Station

Marijuana legalization may not be a top priority for the United States right now, but change is occurring all over the world. The global marijuana industry has gathered support from many high-ranking officials over the last two years which has increased overall support for the reform of restrictive laws.

Progress toward this goal is hampered by political realities, such that cannabis is still classified as a Schedule I substance. It is time for change and for the authorities to recognize its medical benefits and to remove some of the restrictions that are not supported by scientific research.

Not only is this a medical necessity, but it just makes good business sense.

Authored By Micheal Berger

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The thought of genetically modified marijuana gives me the creeps. It conjures up visions of greedy agricultural giants like Monsanto creating a secret, enhanced strain from seeds they developed in an underground deep frozen bunker.

Genetically altered strains have not yet made their way onto the marketplace; however, some agricultural experts like Dr. Reggie Gaudino of the Berkeley-based Steep Hill cannabis laboratory say it’s only a matter of time.

Why Does Marijuana Need GMO’s

“The cannabis industry should be aware that sooner rather than later, there will be big ag at play in this industry,” Gaudino said, according to the Eureka Standard-Times. “And big ag uses exactly these techniques. We’re working to help the current population of farmers and breeders retain relevance when big ag comes knocking on the door.”

Following the passage of Proposition 64, local farmers have two years to press their luck before companies outside the state can enter the cannabis market and until 2022 before grow sizes can reach above an acre, according to the Cannifornian.

Other researchers, like Phylos Bioscience’s CEO Mowgli Holmes in Oregon, disagree with Gaudino.

Holmes thinks the industry and consumers would never accept genetically modified organisms within the cannabis space.

“I don’t think there is anything that GMOs could do for cannabis that we need that couldn’t be done by advanced plant breeding techniques,” Holmes said. “GMOs can make cannabis that glows in the dark, but we don’t need that.”

Labs like Phylos Bioscience and Steep Hill, both formed within the past decade, are now using DNA sequencing techniques on various strains of cannabis to unlock what makes marijuana tick.

While we all would like to know more about cannabis science—especially as CBD and medical marijuana become increasingly important—most of us want our weed to be grown as naturally as possible and preferably outdoors.

According to Will Houston’s article, areas like Humboldt County have already distanced themselves from any GMO cannabis market that may arise and are instead working to embrace a regulated industry of environmentally conscious and organic farming practices.

In a different interview with Gaudino, Ganjapreneur broached another important topic: individual strains that growers have been developing over these years and what to do about their intellectual property rights, including patenting their strains.

Gaudino explained:

“At some point, big agriculture, Monsanto, Dow Agrosciences, the pharmaceutical industry, they’re all going to jump on the bandwagon once everything goes from schedule I to schedule II… A savvy observer of the industry will see that the movement is gaining momentum and is moving towards that direction. Why is that important?”

“That’s important because every strain that is publicly available for sale right now basically becomes open source. Patent law states that you can’t apply for a patent of any kind on anything that’s been being sold for a year or more. The message that Steep Hill is trying to get out is, if you’re a breeder, the best thing that you can be doing right now is breeding your butt off.”

“Finding those nuances, going after those new unique strains, trying to develop better phenotypes so that you can have some relevance a few years down the line. There’s not a single grower who seriously has the power to compete with the likes of the Monsanto or Dow Agrosciences.”

“The only thing left then is to put your stake in the ground and to really protect your strains so that when everything that’s on the shelves now becomes open source, you have something better to offer the community. That’s exactly the message we’re trying to do.”

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At the office of Monterey County’s Treasurer-Tax Collector, armed- guards now stand watch over the parking lot and lobby door. A recently restored front office now serves as a secure drop-off point for taxpayers hauling big bags full of cash. A fleet of state-of-the-art currency counters stand ready to quickly record unprecedented sums of paper bills. And the regularly scheduled armored truck pickups are now passing through at a swifter clip.

Monterey County is among the many towns in California and counties discovering a tough reality as they position themselves for a share of the state’s newly legalized marijuana proceeds: Tax collecting in cannabis country comes with its share of obstacles. And there’s no “how to” guide.

“It’s been a challenge just to craft all of this from scratch,” county Treasurer-Tax Collector Mary Zeeb stated from her office in Salinas. As of the first of this year, all licensed medical pot growers in unincorporated Monterey County owe Zeeb’s office $2 for every square foot they farm. That’s thanks to a measure passed by an overwhelming 74 percent of the county’s voters last November, who decided that if cannabis is going to be a mainly-legal local industry, the county treasury might as well get in on the action.

Among the list of questions that city fiscal analysts and county councilmembers are now puzzling over:

• What is the “sweet spot” tax rate that will keep local budgets in the black without chasing growers and vendors back into the black market?

• Who exactly are the officially licensed weed dealers in their jurisdiction?

• When taxing an industry that is effectively barred from the traditional banking sector, what do you do with all their cash?

• And just how do you audit a pot farm anyway?

“We set up our processes, and we hoped that they were going to work. So far, I’ve been pleasantly surprised that they mostly have,” says Zeeb, now processing the first quarter of collections.

Monterey County records taking in roughly $700,000 from 60 farmers. Those tax bills were based on self-report yield data from the farmers themselves, but once all the permits are finalized, Zeeb says each grower will be taxed based on his or her permitted acreage.

“This is kind of the startup period,” she says. “We had a very steep learning curve.”

Monterey County isn’t the only local government learning on the fly. This past election, more than 30 cities, and nine counties put marijuana tax propositions on the ballot. All but two were approved—and more measures have been scheduled during special elections ever since. These taxes mainly apply to medical marijuana but were designed to include recreational marijuana once the state begins issuing permits no sooner than the beginning of next year.

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