Although Attorney General Jeff Sessions is no friend of the marijuana industry, in his recent testimony before the Senate Judiciary Committee the Attorney General presented a different tone.
While speaking before the committee yesterday, Sessions said he wants to see more competition among medical marijuana growers who supply the plant to researchers.
The DOJ has been Preventing the DEA from Researching Cannabis
2017 has been the year of cannabis oil in Canada and we expect this trend to continue through 2018 and into early 2019.
Then, things will change because in early 2019, Canada’s edible market will be gaining serious traction. The legalization of edibles in Canada is going to be nothing short of a major catalyst for an industry that is already the fastest growing in the world.
Amendment Approved to Legalize Edibles
The cannabis industry continues to be the hottest sector to invest in as Wall Street has become more favorable on investment opportunities within it.
One of the hottest areas in the cannabis industry has been the Canadian licensed medical cannabis producers which continues to see impressive growth as the number of registered patients has increased at double digit percentages on a month-over-month basis.
The last few months have been very busy and significant for Aurora Cannabis (ACB.TO) (ACBFF) and we remain bullish on its long-term outlook.
From Germany to Australia, this Canadian licensed medical marijuana producer continues to execute and advance its business operations. We continue to view Aurora as one of the best long-term cannabis investment opportunities as the company continues to expand its reach and improve its product offerings.
Aurora Cannabis Inc. (TSX: ACB) (OTCQX: ACBFF) today announced that the Company has completed the acquisition of 100% of both BC Northern Lights Enterprises Ltd. and Urban Cultivator Inc., leading companies, respectively, in the production and sale of proprietary systems for the safe, efficient and high-yield indoor cultivation of cannabis, and in state-of-the-art indoor gardening appliances for the cultivation of organic microgreens, vegetables and herbs in home kitchens.
CanniMed Therapeutics Inc. (TSX: CMED) and Avaria Health & Beauty Corp. today announced that they have signed a letter of intent for the distribution of topical medical cannabis products, product development and clinical research.
Reliq Health: A Top Performer and Stock to Watch
Over the last year, we have continued to remain favorable on Reliq Health Technologies (RHT.V) (RQHTF) and this positive view has paid off.
During the last month, Reliq has rallied more than 60% and we continue to see upside to current levels. The last two months have been very important for the company and Reliq has significantly advanced its story during this time.
Political Analyst – Derek Thomas
As passionate cannabis enthusiasts, we should always pay homage to those whom came before us that were fighting for our right to treat patients medically and enjoy marijuana recreationally.
Hugh Hefner is one of these cannabis trail blazers that deserves to be remembered for his incredible work.