Skip to main content

Image

Cannabis Legalization in the U.S.

Cannabis Legalization in the U.S.
With recreational use of marijuana now legal in many states, would you consider investing in the U.S. cannabis industry? Not reflected in the image: The Mississippi Supreme Court overturned Initiative 65, which supported medical marijuana, in May.

Related Content

Loading...

Add Comment

Comments (9)

Newest · Oldest · Popular

I need to make a second comment, my SO invested in the Marijuana Industry at the beginning of 2021 and just yesterday made his final decision on the investment, it’s a Loser, so he sold it.  There had been an initial bump but weeks later it began dropping, it’s never stopped dropping, and has never once revived, so he lost money on it.  He now joins me in saying, “Not Yet”; in order to be a profitable investment, we need this Federally Legal.  

Marijuana Businesses put EVERYTHING they own on the line to begin, they need real back up.  If you want them to succeed then YOU MUST PUT Democrats INTO OFFICE EVERYWHERE, because republikcons have NO intentions of decriminalizing marijuana, let alone making it available; they are even against it’s medicinal use.  Remember the struggle to get Charlotte’s Web legalized?  And it was only a CBD Oil.  So if you want federals to step away, you know what needs to be done.

Last edited by Pamma

Not yet. It’s still a cash industry, banks will not work with dispensaries because federal law is still against marijuana. I live in CA, but in a very republikcon city and the officials here are not to be trusted; I’ve seen them shut down at least half a dozen shops in the last nine years. They demand a large sum of money up front just to get started here. Politicians suck.  

@maria rose posted:

I would definitely invest in this market if they would allow everyone access to invest. So far only certain people have been allowed to invest in any form. I would go so far as ownership of a business that sells the products but once again they are limiting who gets the special licenses and permits. I am not going to grease some political officials just to get a private business license. The money is there to get but the states control who share the wealth. When problems arise down the road with the corporation’s failure to properly hire employees to run their shops and lax criminal enforcement  there’s going to be losses because there’s no standards in the laws for dealing with misuse of marijuana that causes under the influence behavior problems.

I'm able to invest in 2 separate ETFs that invest in a variety of companies in the Cannabis industry, and I'm just a regular "Joe".  Check out Fidelity, Schwab, or another investment brokerage.

I would definitely consider investing in the U.S. cannabis industry. I think it is up and coming. There are many opportunities now, but they are not stable enough for me to jump in. There are many companies buying up others. I think it needs to settle down a bit. I am also a bit concerned that the federal government still says it is illegal and we have many conservatives in politics that would take it all away if we let them.

Why not? For years the underground and illegal use of cannabis garnered billions, that's right billions with a capital B that went untaxed.. All the states are looking for sources of revenue aka taxes and legalizing and regulating cannabis dispensaries along with appurtenant businesses  will bring millions annually into state treasuries. Licensing and compliance will regulate and allow these businesses, that for the most part operated in limbo to operate openly and legally . And since these are legal businesses, they'll be required to abide by the law and pay business taxes, just like any other legal business  As for the business and financial end of this, this will create jobs and this hopefully will be a win win for everyone.  The war on cannabis has failed and there is evidence cannabis has medical value. As for recreational use, it needs to be regulated like alcohol. Prohibition was a dismal failure as well as the war on cannabis. Regarding investing in cannabis companies, it needs to be completely legal all across the USA and just not in certain states. 

I’d definitely be interested in some sort of investment structure of a startup/grower who is just waiting on the capital it needs to produce and maintain a healthy crop for distribution, whether be for medicinal or extra curricular use. I’d just like a bit of knowledge of the farmers previous harvesting /skills before they decided to go public (or private)

I would definitely invest in this market if they would allow everyone access to invest. So far only certain people have been allowed to invest in any form. I would go so far as ownership of a business that sells the products but once again they are limiting who gets the special licenses and permits. I am not going to grease some political officials just to get a private business license. The money is there to get but the states control who share the wealth. When problems arise down the road with the corporation’s failure to properly hire employees to run their shops and lax criminal enforcement  there’s going to be losses because there’s no standards in the laws for dealing with misuse of marijuana that causes under the influence behavior problems.

Post
×
×
×
×
Link copied to your clipboard.
×