John Boehner Is Now Selling Marijuana Stock Tips

John Boehner Is Now Selling Marijuana Stock Tips

John Boehner, who just a few years ago was two heartbeats away from becoming president of the United States, is now “all in on the cannabis industry,” which he promises can “quite possibly” be worth as much as “$1 trillion” in the near future.

And the Republican former speaker of the House of Representatives wants you to join him on this gravy train. All you need to do is buy the very exclusive stock tips that Boehner is now selling.

Marijuana stocks have been in a free fall over the past few days, with formerly blue-chip Canadian companies—which saw their shares swell in value in the run up to nationwide legalization so quickly it caught the eye of Mad Money’s Jim Cramer—suffering double-digit losses as amateur investors lose their nerve.

If Boehner shares their concern, he did not show it on Tuesday, when the erstwhile anti-marijuana lawmaker provided the star power for the launch of the National Institute of Cannabis Investors.

“This is the time,” Boehner solemnly said, “to go all in on cannabis.”

Boehner made waves earlier this year when he joined the board of advisors of Acreage Holdings, a New York City-based firm that says it runs medical marijuana dispensary and cultivation operations in 13 states. The company is now preparing to go public via a reverse takeover, plus plenty of internet hype.

That will presumably be very good news for John Boehner. In the meantime, the former speaker says he has other extremely good marijuana stock-related news to share with you—provided you pony up an untold sum of money for membership in the cannabis investors’ network.

Exactly which companies Boehner suggests you invest in in order to build “the kind of wealth that lasts for generations,” he did not say during Tuesday’s nearly hourlong “American Cannabis Summit,” an extended infomercial for the investors’ network, though he and his co-presenters—veteran stock-tip salesman Mike Ward and Danny Brody, who helped take public a Canadian marijuana company that recorded $0 in sales in fiscal year 2018 and had zero kilograms of product in their inventory as of July, according to Seeking Alpha—did drop some clues.

One company manufactures the plastic containers in which retail marijuana is packaged. Another makes legal CBD oil—because, as Boehner said, he’d “think twice” before offering someone medical cannabis with more than 0.15 percent THC. Yet another could “help end our devastating opioid epidemic,” Tuesday’s presentation promised.

One of these companies could be “38 times bigger than GW Pharmaceuticals,” the UK drug manufacturer with an FDA-approved cannabis-derived epilepsy medication. That’s a bold claim, but such is Boehner’s confidence. (It’s also backed by “not one, but two 100 percent money-back guarantees,” Ward said. So there is that.)

Other highlights from Tuesday’s tease:

There is “nobody in cannabis more connected in Washington” than Boehner, whose post-retirement preparation for the cannabis industry involved playing lots of golf, smoking cigarettes and ripping in-power Republicans, including the president.

Boehner knows exactly how President Donald Trump feels about marijuana legalization but won’t say, because “if I tell you about our private conversations, I won’t have any more of them.”

He does feel that federal legalization could happen within the next five years. “It’s not a matter of if, but a matter of when,” he said.

Because when has John Boehner ever been wrong about anything?

See the original article published on Marijuana Moment below:

John Boehner Is Now Selling Marijuana Stock Tips

Photo courtesy of Gage Skidmore.

Canadian Lawmaker Vapes Marijuana And Doesn’t Care What Anyone Thinks

Canadian Lawmaker Vapes Marijuana And Doesn’t Care What Anyone Thinks

A Canadian member of Parliament openly consumes marijuana, something he says will be completely normal and not at all noteworthy soon in light of the country’s new legalization law that went into effect this week.

“Just as someone might have a glass of wine or a scotch on a Friday night, I would turn to my vaporizer,” MP Nathaniel Erskine-Smith said in an interview with CBC news.

But it’s not all about getting high for fun and relaxation for the member of Liberal Prime Minister Justin Trudeau’s party. He also consumes cannabis medicinally.

“I have Crohn’s, so sometimes I turn to it for that reason as well,” he said.

Within a matter of years, though, no one will care whether lawmakers toke up, Erskine-Smith believes.

“Five years from now, no one will be interested in this question because we’ll all recognize we’re responsible adults, and this is far less harmful than alcohol, far less harmful than tobacco,” he said. “And we should use it responsibly, yes, because there are potential harms.”

“Certainly Canadians are capable of doing this because we’ve been doing it for decades.”

On that point, Erskine-Smith acknowledged that he too has been consuming cannabis before prohibition officially lifted on Wednesday.

“It would be sort of silly for me to stop now, wouldn’t it?” he asked.

Trudeau himself previously admitted that he illegally smoked marijuana while serving in Parliament, but said this week that he has no intention of consuming cannabis now that it is legal.

https://massroots.wpengine.com/news/canadas-liquor-stores-will-heavily-outnumber-marijuana-stores-legalizations-launch/

See the original article published on Marijuana Moment below:

Canadian Lawmaker Vapes Marijuana And Doesn’t Care What Anyone Thinks

Trump Administration Has Calm Response To Canadian Marijuana Legalization

Trump Administration Has Calm Response To Canadian Marijuana Legalization

Canada’s new marijuana legalization law went into effect on Wednesday, and the U.S. federal government’s response so far has been mostly muted and dispassionate.

The U.S. Embassy in Ottawa, for example, posted a few calm and friendly videos simply reminding people not to bring cannabis with them when crossing the border.

https://www.youtube.com/watch?v=5dop_b709PA

The Embassy also launched a frequently asked questions page, which responds to queries about how consuming marijuana or investing or working in the cannabis industry could impact admissibility to the U.S.

Perhaps of most interest to Canadians involved in cannabis businesses, the document reiterates and confirms that “a Canadian citizen working in or facilitating the proliferation of the legal marijuana industry in Canada, coming to the United States for reasons unrelated to the marijuana industry will generally be admissible to the United States.”

“However, if a traveler is found to be coming to the United States for reasons related to the marijuana industry, they may be deemed inadmissible,” it says.

While one of the questions—”Do you anticipate more American tourists crossing into Canada due to the change in legalization?—seems to acknowledge that many U.S. citizens support and would like to take advantage of Canada’s new marijuana laws, the Embassy doesn’t really provide a direct response.

The FAQ also covers issues related to visa applications.

“If you plan to use marijuana in the United States then you will be found ineligible for a visa based on intending to engage in unlawful activity in the United States,” it says. “It does not matter if you use doctor-prescribed marijuana. If you smoke cannabis in Canada, you may also be found ineligible…if a physician determines that you have a physical or mental disorder with associated harmful behavior – for example, impaired driving – or are a drug abuser or addict.”

When it comes to working or investing in the marijuana industry, the Embassy says it will only affect visas if the person is “found to be coming to the U.S. for reasons related to the cannabis industry.”

The page also says that while “legalization of cannabis in Canada will not have any impact on cannabis’s legality in the United States,” American officials “have discussed legalization of cannabis at various levels” with their Canadian counterparts.

Despite the relatively polite and level-headed response to the new legalization law of its neighbor to the north, the American government isn’t exactly excited about it.

A top U.S. Customs and Border Protection official, for example, said that Canada’s move to grant pardons for past marijuana offenses wouldn’t necessarily shield those individuals from being denied entry into the U.S.

It remains to be seen how President Trump himself, key White House staffers or Department of Justice officials will respond to Canada’s legalization of marijuana if asked about it publicly.

Marijuana Stores Will Be Hard To Find For Most Canadians On Day One Of Legalization

See the original article published on Marijuana Moment below:

Trump Administration Has Calm Response To Canadian Marijuana Legalization

U.S. Government Loosens Border Policy For Canadian Marijuana Industry Workers

U.S. Government Loosens Border Policy For Canadian Marijuana Industry Workers

Roughly one week before Canada’s legalization of marijuana goes into effect, the U.S. government has issued a clarification to an earlier policy announcement that many feared would prevent people who work or invest in the marijuana industry from entering the country.

“A Canadian citizen working in or facilitating the proliferation of the legal marijuana industry in Canada, coming to the U.S. for reasons unrelated to the marijuana industry will generally be admissible to the U.S.,” reads the clarification release on Tuesday by U.S. Customs and Border Protection (CBP).

Previous statements by Trump administration officials led to concerns—and resulting pushback from members of Congress—that any Canadian who is affiliated with the cannabis industry would be barred from visiting the U.S.

The new CBP clarification will likely be met with a sigh of relief from Canadians who work for or invest in marijuana businesses.

However, the updated statement does have a big caveat.

[I]f a traveler is found to be coming to the U.S. for reason related to the marijuana industry, they may be deemed inadmissible,” it says.

So as long as a Canadian isn’t crossing the border for the purposes of seeking investments for their cannabis business or for other reasons related to marijuana, they should be able to enjoy a visit to the U.S.

Canada’s legal marijuana sales go into effect next Wednesday.

Marijuana Stores Will Be Hard To Find For Most Canadians On Day One Of Legalization

See the original article published on Marijuana Moment below:

U.S. Government Loosens Border Policy For Canadian Marijuana Industry Workers

Canada’s Liquor Stores Will Heavily Outnumber Marijuana Stores On Legalization’s Launch

Canada’s Liquor Stores Will Heavily Outnumber Marijuana Stores On Legalization’s Launch

In case you missed it, Canada’s legal marijuana system goes into effect next week. But new data reveals that access to liquor stores is going to be far greater than planned cannabis store—at least for the time being.

Statistics Canada, a government agency, released the report, which compares the prevalence of liquor stores and planned cannabis stores in each Canadian province, on Wednesday. The team behind the report notes that information about pending private or government-run marijuana shops is incomplete—excepting online retailers, for example.

“Using the agency’s geographic databases, the location of each Canadian household is identified, and the distance from that location to the nearest legal retail outlet is calculated. Averages of these distances are then calculated to determine how generally accessible these products are to Canadians.”

The top-level takeaway is pretty straightforward. Ninety percent of Canadians currently live within 10km (or about six miles) of a liquor store. Only 35 percent of the Canadian population lives within the same distance of a planned cannabis store. Visualized, here’s a look at the access to cannabis and liquor stores based on population density in each province:

Access to liquor stores by province

Population of Canadians with access to a liquor store based on distance. 

1 km 2 km 5 km 10 km More than 10 km
Canada 11,362,355 21,277,831 28,876,635 31,711,644
Newfoundland and Labrador 84,776 158,242 265,484 321,357
Prince Edward Island 20,498 38,328 77,954 107,592
Nova Scotia 207,360 382,390 588,728 738,101
New Brunswick 112,467 229,098 419,581 542,312
Quebec 2,360,006 4,650,155 6,499,149 7,290,334
Ontario 3,460,906 7,835,317 11,587,894 12,770,424
Manitoba 349,046 758,067 913,421 977,472
Saskatchewan 249,628 539,875 746,822 793,642
Alberta 2,591,997 3,336,786 3,554,164 3,704,638
British Columbia 1,908,747 3,323,470 4,168,425 4,402,666
Yukon 4,407 8,264 23,824 26,294
Northwest Territories 9,326 14,648 23,449 29,072
Nunavut 3,191 3,191 7,740 7,740

Access to planned cannabis stores by province

Population of Canadians with access to a planned cannabis store based on distance. 

1 km 2 km 5 km 10 km More than 10 km
Canada 1,440,702 3,797,855 8,757,433 12,194,999
Newfoundland and Labrador 51,424 141,076 274,922 336,714
Prince Edward Island 6,907 29,616 59,576 82,626
Nova Scotia 43,792 135,644 363,855 512,091
New Brunswick 34,833 97,642 290,802 414,181
Quebec 171,052 572,007 1,789,784 3,296,701
Ontario 0 0 0 0
Manitoba 72,366 261,485 747,866 826,490
Saskatchewan 117,606 316,339 684,128 727,937
Alberta 624,382 1,394,464 2,229,038 2,593,820
British Columbia 317,523 846,977 2,302,059 3,381,659
Yukon 817 2,605 15,403 22,780
Northwest Territories 0 0 0 0
Nunavut 0 0 0 0

“Canadians have remarkably good access to liquor stores all across the country with 90 percent living within 10 kilometers of a store,” the report states. “Not surprisingly, their access to cannabis stores immediately after legalization on October 17, 2018 is likely to be much more restricted with only 35 percent of the population dwelling within 10 kilometers of a store.”

“It is emphasized this is a preliminary estimate based on less-than-full information about the number of stores expected to open and their locations. Cannabis accessibility will undoubtedly increase substantially in 2019 and 2020.”

For a comprehensive breakdown on the differences in marijuana legalization implementation for each province, check out this Marijuana Moment analysis.

https://massroots.wpengine.com/news/marijuana-stores-will-hard-find-canadians-day-one-legalization/

See the original article published on Marijuana Moment below:

Canada’s Liquor Stores Will Heavily Outnumber Marijuana Stores On Legalization’s Launch

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