$MJ Marijuana is now legal in 26 states, and the d
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The visual of the high school stoner with red eyes and munchies is no longer the face of pot. It’s becoming as acceptable as alcohol, across age groups and social classes for medicinal and recreational use. This post prohibition-like era is creating an opportunity for investors to profit in the early stages.
Much of the US population is softening their views on Marijuana use for medicinal and recreational purposes. 58% of Americans now support legalization for adult use, and 81% of Americans support legalization for medical use.
Moreover, an influential cadre within the United States Congress is attempting to loosen the grip on criminal marijuana laws.
In February, several members of congress launched the Congressional Cannabis Caucus, a bipartisan group dedicated to promoting and protecting the legal cannabis industry. Congressman Jared Polis (D – Colorado) introduced a bill titled the Regulate Marijuana Like Alcohol Act, which is more-or-less what it sounds like.
The bill also contains plans for a cannabis tax, and to allow research without restriction. In a statement on the matter, Polis explained the benefits of legalizing Marijuana at the federal level;
“Colorado has proven that allowing responsible adults to legally purchase marijuana gives money to classrooms, not cartels; creates jobs, not addicts; and boosts our economy, not our prison population,”
Marijuana has been found to have numerous medical benefits. Among them include regulating seizure frequency for those with epilepsy and reducing inflammation in the brain.
One lab in Israel is hopeful in finding that cannabis can help delay or eliminate some forms of tumors.
Other reported benefits include reduced anxiety, increased appetite, treating arthritis discomfort, soothing tremors for people with Parkinson’s disease, reduction of PTSD symptoms, and easing nausea.
From an investment standpoint, there is a lot to be gained here. You have a drug that is relatively inexpensive to grow, is not physically addictive, and has no risk of overdose. Arcview research estimates that legal marijuana sales in the US should reach $22 Billion by 2021, with an estimated growth of 27% annually. (cont'd)
Getting In on The Green Rush How To Invest In Legal Marijuana
July 13, 2017/ Federal Government of The United States
http://420meta.com/getting-in-on-the-green-ru...marijuana/