This Week in Cannabis Investing October 11th

This Week in Cannabis Investing October 11th

There was lots of news this week in the cannabis space. In the U.S., there is a new market opening up for cannabis, another sales record out of Colorado, and new science on how cannabis can cure opioid addiction. We looked at why Canada is a better opportunity for cannabis investors today than California. And we provided our own analysis on several other issues.

Monday, we reported exciting news from California’s cannabis market. A bill is waiting to be signed into law to authorize the use of cannabis for end-of-life hospital care. This is another multi-billion market, reporting an 8.1% CAGR. And cannabis is an ideal medicinal aid for palliative care. When (if?) this becomes law in California, it should be expected to catch on quickly in other jurisdictions.

Also on Monday, we examined a more somber subject. We surveyed how the U.S. cannabis industry is currently “under attack”. It is being attacked by the sloppy, inaccurate and extremely slanted reporting on cannabis by the mainstream media. After 100 years of publishing cannabis Fake News, the Corporate Media is finding this a hard habit to break.

The U.S. cannabis industry is also under attack from political dinosaurs who continue to obstruct cannabis legalization in the United States. And the ammunition these dinosaurs rely upon to demonize the cannabis industry is the same Fake News from the mainstream media. Meanwhile, shadowy anti-cannabis “public interest” groups aggressively lobby against cannabis legalization from outside of government.

Tuesday, we looked at another embarrassment for the United States with respect to cannabis. Even as more and more states legalize cannabis, cannabis arrests across the U.S. are rising not falling. It is the ultimate waste of taxpayer dollars – for political purposes. As we speak, across the U.S. (and federally) discussions are under way to expunge cannabis convictions.

Some states are already doing this. Yet anti-cannabis states and anti-cannabis law enforcement agencies are squandering billions of tax dollars to prosecute temporary cannabis offenses to achieve(?) temporary cannabis convictions.

Partly due to this negative political climate in the United States, we offered our opinion that Canada is a better jurisdiction for cannabis opportunities today than California – the U.S.’s single-largest cannabis market. We looked at the pro’s and con’s for each, and we see Canada as currently representing the better risk/reward proposition.

Wednesday, we led off with important news for the cannabis industry on the research front. We already knew that medicinal cannabis was a potent tool to reduce opioid (ab)use – and opioid deaths. Now research has emerged showing that medicinal cannabis can completely cure opioid addiction among a significant percentage of addicts.

We then revisited the SAFE banking bill now before the U.S. Senate. We explained to investors why U.S. financial institutions are currently so reluctant to do business with cannabis companies. It’s also why it is imperative that the Republican-controlled Senate allow SAFE to pass.

Thursday, while the mainstream media calls the current vaping health problem a “crisis” we looked at a real crisis: the 480,000 Americans killed every year by tobacco use. The Tobacco Crisis.
We then suggested that if cannabis can be used to cure opioid addiction (a highly addictive drug), why not nicotine addiction too? We explained how the Cannabis Cure may represent the best treatment option yet for nicotine addiction – a multi-billion dollar market in the U.S. alone.

Then we returned to the cannabis industry to look at a new harvesting (and processing) technique that is widely gaining favor in the U.S. cannabis industry, especially in California. Fresh-frozen cannabis is apparently the wave of the future in terms of producing superior cannabis extracts and improving harvesting/processing efficiency.

Friday, there was lots of news on the cannabis front (some of which we won’t cover until Monday). We reported the latest cannabis sales numbers out of Colorado with respect to cannabis revenues. For the 4th time in 5 months, Colorado has broken its monthly sales record.  

This would be very positive news for any cannabis market. But Colorado has the world’s most mature cannabis market – and it’s still growing rapidly. This bodes well for the entire cannabis industry.

More news: Tilray (US:TLRY) and AB InBev (US:BUD) announced that they have taken their “research partnership” on cannabis-infused beverages to the next level. Via a joint-venture company, the two partners are planning to launch CBD-infused cannabis beverages in Canada following Phase 2 legalization.

We closed out the week with a unique feature article. We compared cannabis, the world’s most versatile soft commodity, with crude oil – the world’s most-versatile hard commodity. Our conclusion is that there is a very strong parallel here, and that cannabis is “the crude oil of soft commodities”.

That’s how we saw this week in the world of cannabis investing. Next week, we’re already planning to say more about Colorado’s new sales record, as well as a “private lunch” between Senate Leader Mitch McConnell and U.S. cannabis industry representatives.
 

Published at Fri, 11 Oct 2019 21:56:30 +0000

Posted in: News

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