NetworkNewsWire Editorial Coverage: The legal marijuana market continues to gain momentum, driven by increasing public acceptance and an increasing number of investors looking for viable opportunities on a crowded playing field. According to a recent Gallup poll1, 60 percent of Americans now support the legalization of marijuana. As the playing field continues to grow in … Continue reading “5 Standout Legal Cannabis Companies Worthy of Consideration”
NetworkNewsWire Editorial Coverage: In increasing volume, investment opportunities in the legalized marijuana industry are being added to the portfolio of many enterprising investors. Amid the numerous categories of investment options offered within this burgeoning industry, two sectors stand out: bitcoin, a digital currency that can facilitate the transfer of funds free of banks and government … Continue reading “Bitcoin and Hydroponics Present Prime Investment Opportunities in the Legal Cannabis Space”
The number of states in which the medical and recreational use of marijuana is legal continues to grow. Medical marijuana is now permitted in 28 states and Washington D.C. Last year, the North American legal marijuana industry grew to $6.7 billion, a 34 percent increase in just one year, according to Arcview Market Research. With … Continue reading “Marijuana Industry Growth Fueled by Investments and Public Support for Legalization”
There are a number of advantages to society and the public safety in regulating marijuana, but economic arguments also favor its legalization. The benefits include increased tax revenues, job creation, and reduced law enforcement costs. However, to legalize and regulate marijuana requires an ecosystem of support services like those provided by SinglePoint, Inc. (SING) (SING … Continue reading “Marijuana Legalization Could Encourage Widespread Economic Benefits”
The marijuana industry is the new investing frontier. As a result of last November’s elections, eight states and the District of Columbia now allow the recreational use of marijuana, while another 28 states permit its use for medicinal purposes. In what has been touted as the fastest-growing industry in the U.S., investment opportunities in the … Continue reading “NetworkNewsBreaks – “No-Touch” Approach Reduces Risk as Public Companies Tap Explosive Growth of Cannabis Industry”
The marijuana industry is the new investing frontier. As a result of last November’s elections, eight states and the District of Columbia now allow the recreational use of marijuana, while another 28 states permit its use for medicinal purposes. In what has been touted as the fastest-growing industry in the U.S., investment opportunities in the … Continue reading ““No-Touch” Approach Reduces Risk as Public Companies Tap Explosive Growth of Cannabis Industry”
Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: BIOS 18.84% – News: Posts Q4, FY 2016 results CXRX 4.86% – News: Releases comment on CMA statement of objections TRTC 3.60% – News: CEO participating on two upcoming … Continue reading “NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on March 3, 2017”
The White House struck a chord with the marijuana industry last week when press secretary Sean Spicer said the Department of Justice is likely to enforce federal marijuana laws in states that have legalized recreational pot. While the prevailing mood is disappointment among the broader marijuana/cannabis industry, reactions and impacts are mixed among businesses like … Continue reading ““Greater Enforcement” of Federal Laws would have Mixed Impact in Cannabis Industry”
Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: PTLF 25.00% – News: Inks LOI to acquire the assets of Healthy Life Pets TNTY 8.07% – News: Appoints new member to board of directors PAYM 7.11% – News: … Continue reading “NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on February 28, 2017”
Although 28 states have already legalized marijuana for medicinal or recreational use, the U.S. Drug Enforcement Administration (DEA) continues to label marijuana a Schedule 1 substance, along with heroin and LSD, making it illegal on a federal level. As a result, the banking industry has been slow to provide services to marijuana businesses, forcing many … Continue reading “Mounting Support for Marijuana Banking Has Widespread Implications”
