SUPREME PHARMACEUT COM NPV (OTCMKTS:SPRWF) Hooks Up to the Supply Chain

SUPREME PHARMACEUT COM NPV (OTCMKTS:SPRWF) has, like many of the Canadian cannabis plays, been on a real run over the past few weeks. In this case, the company’s emerging place in the supply chain looks to be a big reason why. To wit: the company just announced that, through its wholly-owned subsidiary, 7ACRES, it has completed its first sale of dried cannabis to Aurora Cannabis. Continue reading “SUPREME PHARMACEUT COM NPV (OTCMKTS:SPRWF) Hooks Up to the Supply Chain”

The Priceline of Cannabis up 213% in 2017 – More to Come?

Priceline (NASDAQ: PCLN) has been one of the best-performing stocks in the S&P 500 for the last ten years.

Priceline’s gain of 1,970% destroyed the S&P 500’s 64% return in the same period.

Investing $1,000 ten years ago would be worth $19,700 today. Investing $10,000 ten years ago would be worth $197,000.

The reason for Priceline’s success is simple. It uses technology to help consumers find great deals.

Today – I see this same cycle repeating itself in the cannabis sector.

Continue reading “The Priceline of Cannabis up 213% in 2017 – More to Come?”

Legal Challenges Could Delay Pennsylvania’s Medical Marijuana Program

A state lawmaker and advocates who fought to get medical marijuana legalized in Pennsylvania say a rejected applicant for a dispensary and grower licenses should drop its effort to get the state’s program halted.

In a lawsuit filed in Commonwealth Court, Keystone ReLeaf asked the court to halt the rollout of the medical marijuana program over concerns about the lack of transparency in how the permits were awarded.

Continue reading “Legal Challenges Could Delay Pennsylvania’s Medical Marijuana Program”

New Medical Marijuana Rules in Michigan Will Allow All-In-One Facilities

A new medical marijuana facility licensed by the state will be able to grow, process and sell medical marijuana at the same location, the Department of Licensing and Regulatory Affairs announced on Thursday.

The legislature last year passed legislation to legalize and regulate medical marijuana dispensaries, but left some particulars up to the departmental rulemaking process.

Continue reading “New Medical Marijuana Rules in Michigan Will Allow All-In-One Facilities”

Oregon cops get more complaints about marijuana grows than they can handle

A bizarre kidnapping and robbery case sparked a raid by law enforcement Wednesday at a house off West McAndrews Road where police say they seized 180 pounds of illegal marijuana plants and arrested three men.

“We received a report of a car jacking at gunpoint from the victim,” Medford police Lt. Mike Budreau said. “That turned out to not be entirely true, but it did lead us to an illegal marijuana deal involving several hundred pounds.” Continue reading “Oregon cops get more complaints about marijuana grows than they can handle”

mCig Inc (OTCMKTS:MCIG) Gets the Expansion Bug

mCig Inc (OTCMKTS:MCIG) is at a critical technical level. MCIG stock has been a true high-flyer over the past year, with its biggest movement spurred by revelations of a faster than expected top-line growth during the period encapsulated by the final month of 2016 and the early stages of this year. Accordingly, thanks to proactive management updates, the price per share ripped over 300% in about 60 days during that time but has since given back much of the move in a volatile corrective wave. Continue reading “mCig Inc (OTCMKTS:MCIG) Gets the Expansion Bug”

The Story Just Got a Little More Interesting for Hyperdynamics Corporation (OTCMKTS:HDYN)

Hyperdynamics Corporation (OTCMKTS:HDYN) is a recent blow-up that we looked at earlier this month. The chart is a crater. The cause of the implosion was HDYN’s revelation to the market that its drilling and oil excavation hope off the coast of Guinea had failed during exploratory investigations: no hydrocarbons were located. That put a death brand on shares and likely filled the tape with new short interest.
Continue reading “The Story Just Got a Little More Interesting for Hyperdynamics Corporation (OTCMKTS:HDYN)”

3 Cannabis Stocks Profiting from Germany’s New Medical Program

Germany is quickly beginning to look like the next mega market for medical and eventually recreational cannabis. This is creating another big opportunity for savvy investors who are following the story and staying ahead of the curve.

Today, I am going to show you how you can profit.

Germany is the beating heart of Europe.

It is the largest country in the European Union with a population of 81 million.

It also has the largest economy in the European Union by a long shot. Its gross domestic product clocked in at $3.5 billion in 2016. Its per capita GDP of $42,000 makes it one of the wealthiest countries in Europe.

Continue reading “3 Cannabis Stocks Profiting from Germany’s New Medical Program”

California: Ban on Gummy Bear-Shaped Edibles Moves Forward

In California, a ban on gummy bear-shaped edibles moves forward. While this ban may seem arbitrary and a bit silly, there is actually a pressing reason for it. The ban on gummy bear-shaped edibles is to protect children from accidental cannabis ingestion.
Continue reading “California: Ban on Gummy Bear-Shaped Edibles Moves Forward”

Pot Decriminalization Law Goes into Effect in New Hampshire

A law in New Hampshire decriminalizing the possession of small amounts of marijuana goes into effect Saturday.

The law reduces the penalty for possession of up to three-quarters of an ounce (21 grams) of marijuana and a much smaller amount of hashish from a criminal misdemeanor to a civil violation with fines up to $300. New Hampshire joins more than 20 states, including all of New England, in easing criminal penalties on pot.

Continue reading “Pot Decriminalization Law Goes into Effect in New Hampshire”