Cannabis Industry Speaks Out!
The marijuana industry was recently shaken up after White House Press Secretary Sean Spicer said he expects the Department of Justice to boost enforcement of federal laws restricting recreational cannabis, even in states where it is legal already. Along with the District of Columbia, eight states have legalized recreational use among adults. That means one in five American adults can smoke, vape, drink, or eat cannabis under state law.
A recent poll from Quinnipiac University found 71% of voters think “the government should not enforce federal laws against marijuana in states that have legalized medical or recreational use”…[continue reading]
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Cannabis Industry Could Employ Up To 300,000 People By 2020
Moving along into an unpredictable future that some is referring to as Trumpism, we are trying to confirm what the new administration will mean for the marijuana industry. With a majority of states now enjoying legal weed in some form, we try to be optimistic in the hope that the federal government will respect states’ rights. How could the present administration not see the benefits of legal cannabis, one of the fastest growing industries in the country that is creating more jobs?…[continue reading]
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#ICYMI: Marijuana Stocks to Watch in 2017 & Beyond
Earlier this year we covered the market for marijuana stocks post Trump and many of these marijuana stocks have continued to see progress over the time since. Now that we’re finally through the transitional period, it’s time to look ahead at marijuana stocks to watch in 2017 and even beyond. Who would have thought this industry would have come this far, let alone open up the doors to an entirely new and evolving sector.
In fact, according to new research, North American sales are projected to top $20.2 billion by 2021. Marijuana sales in North America grew by an unprecedented 30% in 2016 to $6.7 billion as the legal market expands in the U.S. and Canada, according to a report from Arcview Market Research. So, it’s hard not to find the best marijuana stocks to watch this year and in the years to come. Several we have watched, mentioned, reported on, and reviewed very recently with favorable market activity in play…[continue reading]
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