Thursday, November 8, 2018

Cannabis Investing


The progress of legalizing cannabis nationwide and removing it from the Drug Enforcement Agency's (DEA) Schedule 1 list of controlled substances hit a snag when the U.S. Farm Bill was delayed due to the fight over funding of the Supplemental Nutrition Assistance Program (SNAP).

Senator Jeff Sessions, who was outspoken against legalizing hemp in any form, resigned from his post as the U.S. Attorney General at the request of President Trump. His interim replacement, Matthew Whitaker, according to a post by Marijuana Moment, seems more amenable on legalization.

Illinois Governor-elect J.B. Pritzker wants to legalize recreational Marijuana "nearly right away," according to Fox 32. With Industrial Hemp already legal in Illinois, it seems we are coming very close to something really huge.

Michigan voters accepted the ballot proposal for recreational Marijuana. Here's the Detroit Free Press article.

I found a list of hemp related stocks. There may be more I still don't know about, but look at these prices! Save this link because the file may be updated regularly, and it's also now embedded at the website under the Investing tab.

Things are going to start happening very fast, so get a TD Ameritrade account and snap up the heat!

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