Analysis originally distributed on June 21, 2017 By: Michael Vodicka of Cannabis Stock Trades
Legal cannabis scored another big victory this week.
In April, Mexico's lower parliament overwhelmingly voted to legalize medical cannabis, voting 357 to 7.
Then, earlier this week, Mexico's President Enrique Pena Nieto signed the bill into law, legalizing the use of medicinal cannabis THC, CBD, and all cannabis derivatives. The new legislation also makes it legal to produce and distribute cannabis for medical and therapeutic purposes.
Early estimates project sales between $1 billion and $2 billion in the first 10 years. That would come out to between $100 and $200 million per year.
The size of Mexico's young cannabis market will pale in comparison to the US and Canada.
In 2016, US cannabis sales totaled $6.5 billion. Continue reading "Mexico Legalizes Medical Cannabis - Here's How You Can Profit"
Analysis originally distributed on June 15, 2017 By: Michael Vodicka of Cannabis Stock Trades
In the old days, pot was seen as a way to get stoned.
But now, researchers are discovering that pot can actually have many health benefits.
Most of those come from Cannabidiol - one of the most prevalent compounds found in hemp plants that is commonly refereed to as CBD on the Street.
Studies have shown that the non-psychoactive elements of CBD can deliver relief to a wide range of ailments, including aches, pains, anxiety, insomnia and arthritis - without the euphoric effects provided by THC.
These benefits are creating a huge growth market.
The Hemp Business Journal, a CBD media and data company, estimates the CBD market will grow to $2.1 billion in consumer sales by 2020. That would be a 700% increase from 2016.
This is an exciting segment of the cannabis industry that doesn't get a lot of attention. Continue reading "Secret CBD Company Grows Sales 1,300% in 12 Months"
Analysis originally distributed on March 8, 2017 By: Michael Vodicka of Cannabis Stock Trades
Honey my head hurts, can you please pass me the hemp oil?
I bet you’ve never heard that before.
But if an early leader in the U.S. cannabis industry has its way – you definitely will.
Cannabidiol, commonly referred to as CBD, is an extract from a hemp plant. While it does not get you stoned, researchers and patients alike are finding that it has widespread medical benefits.
Studies are showing that the non-psychoactive elements of CBD can deliver powerful relief to a wide range of ailments, including aches, pains, anxiety, insomnia and arthritis – without the euphoric effects provided by THC. Continue reading "Ignored Cannabis Sub-Industry Projected To Grow 700% In 4 Years"