Politics on cannabis are changing
The steady unraveling of cannabis prohibition across the nation recently saw two prominent GOP members in the spotlight.
Colorado Sen. Cory Gardner received an assurance from President Trump that the Department of Justice will not meddle in the affairs of cannabis legal states. The DOJ was not funded to prosecute cases in legal states in the most recent federal budget package as well.
The biggest surprise last week was the announcement by former Speaker of the House John Boehner that he has changed his views about cannabis, even joining the board of directors of a cannabis company. His was driven by the plight of veterans not having access to cannabis in lieu of opioids through Veteran’s Administration treatment facilities, and as a tool against the raging national opioid epidemic itself. Boehner, like many other evolved GOP members, wants to remove cannabis from a Schedule I controlled substance list in order to open up research and domestic investment.
Even Senators Orrin Hatch (R-Utah) and Kamala Harris (D-Calif.) joined forces to co-author a letter to Attorney General Jeff Sessions urging him to expedite action on over two dozen requests to cultivate cannabis for research. Bipartisan support for medicinal cannabis is strong in our nation’s capital, reflecting a national mood of acceptance of cannabis as medicine and a growing appreciation of cannabis as a safer alternative to recreational alcohol. We could see the president take another big step forward with midterms coming up.
Stan Golovich,
Benicia
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Add shout out to Senate Majority Leader Mitch McConnell’s recently introduced Hemp Farming Act of 2018 bill. This is an agricultural gold mine, sure to displace tobacco in Kentucky and elsewhere. Most of the hemp oil used today is imported.
These savvy GOP leaders have seized the day.
There will be others.
Thanks, Stan. Good information.
Anyone interested in cannabis investment opportunities may be interested in this IPO.
https://tinyurl.com/yd52jrrm
While all you people are working on the come I have steadily invested in two thing. Real estate and gold. Buying 2 oz gold bars at $400.00 to start and quit at $700.00. Outstanding return. Real estate at $45,000 to 55,00 now worth many millions. Not bad. Yes there could be get rich ideas in cannabis but my way took very little capital with huge returns. I like my way.
Yah, but your way took decades for a return and you will also have to find buyers. The real property had to be maintained during those decades as well. Not saying you didn’t do the right thing back in the 70s and 80s…but newer investments are appropriate vehicles now. I’m not saying cannabis is it…might be something else. Personally, I’m in blue chips.
Blue chips take forever also. I will stick to property as my main investment. Also have done well on silver dollars. Some worth as much as 40/100 times what I paid and in many cases only $1.00. Not bad. The reason I like real estate is your gain is on vestment. Say 20,000 down on a 200,000 house and in three years it goes to 220,000. That is a 100% gain on investment and only a 10% gain over three years on property value. I like that.
Thanks Paul, Tilray will be cornering the market on seizure meds for children with severe therapy-resistant epilepsy. I would dare say that their. product (Tilray 2:100) maybe the end all be all in pediatric epilepsy treatment.
where Della Street