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The cannabis industry was dealt another blow by the Trump administration after the United States Surgeon General Dr. Vivek Murthy said he was stepping down.
Dr. Murphy was replaced by Rear Admiral Sylvia Trent-Adams, one of the first nurses to serve as the United States Surgeon General.
Was he Fired or Did he Actually Resign?
Jerry Jones has been a high-profile NFL owner throughout his tenure with the Dallas Cowboys. The outspoken Texan is known to voice his opinion and his message tends to resonate with millions across the globe. From NFL players to fans, Jerry’s opinion is held in high regard.
Although pre-IPO and private investment opportunities are attractive, investors must meet stringent requirements to participate.
Although most investors do not meet these standards, the implementation of initiatives like Reg A+ of the JOBS Act have made private opportunities available to retail investors.
Reg A+ allows private companies to raise up to $50 million by selling shares to accredited and non-accredited investors.
Yesterday, legislation to remove cannabis from the Controlled Substances Act and create a federal regulatory process for states to regulate cannabis was introduced in the House of Representatives and Senate.
The Canadian cannabis industry has continued to be a bright spot for cannabis investors and 2017 has already provided investors with strong investment returns.
This sub-sector of the cannabis industry has been on fire since July 2016 with the increased interest fueled by the anticipation that Canada will become the first G-7 nation to legalize recreational cannabis.
All Eyes on Legislation this Spring
In honor of President’s Day we want to discuss the top 5 pro-cannabis presidents.
The history of cannabis dates back thousands of years. Archaeologists found cannabis seeds inside Siberian burial mounds from 3000 B.C. Thousands of years ago, the Chinese used cannabis as a medicine. Cannabis even found its way toColonial America as George Washington grew hemp at his house on Mount Vernon.
Federal authorities charged another doctor with health-care fraud after receiving kickback from Insys Therapeutics (INSY) in return for prescribing one of its highly addictive opioid products.
The cannabis industry has made incredible strides over the last two years as scientific research continues to support the plant’s vast medical applications.
Although the biotech sector will be one of the greatest beneficiaries of the burgeoning cannabis industry, companies levered to the health and wellness side of the business will also be a major beneficiary as they continue to develop new products and supplements that support healthy living.
The Canadian Senate will meet today to discuss the legalization of recreational cannabis.
Although this will be the first time the Senate discusses recreational cannabis since October, we do not expect this meeting to be any different than the one prior.
In late 2016, we reported on Canopy Growth’s (CGC.TO: TSX) (TWMJF: OTC) announced acquisition of medical cannabis producer Mettrum Health (MT.V: TSX Venture) (
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