Taking The High Road: Roger Tilton’s Notes On Democracy

by Roger Tilton

In “Notes on Democracy,” H. L. Mencken wrote:  “Democracy is a pathetic belief in the collective wisdom of individual ignorance.”

You’d think our 240-year-old experiment with democracy hit a rough patch this past Tuesday, or as we learned after “establishing ‘democracy’ in Iraq,” that you don’t always get the democracy you want.  Oddly fitting I guess is that the President Elect ended his racist, xenophobic rallies with the Rolling Stones’ song “You Don’t Always Get What You Want.”

I say praise democracy and all of its shortcomings.  We, the American voting public, had a chance to make history by electing a female president.  Instead, for the first time in generations we had a racist on the presidential ballot, a racist who also happens to be a misogynist.  The adage that if we elect a woman after an African-American man, we’re “losing our country” appealed (according to exit polls) to 53% of white women!  That candidacy also appealed to white supremacists.  And enough pluralities of voters (wins by one point or less in five crucial “battleground” states) pushed this candidate to an Electoral College victory.

Though more of us voted for the supremely qualified woman, she lost the job to the supremely unqualified man (sound familiar?).  Through it all, our democracy worked.  The political pros on both sides targeted the swing states to win the Electoral College vote  The “voter suppression” campaign won out over the “ground game, the get out the vote” campaign.  We all played by the rules and democracy prevailed.  Now even though this year’s Republican candidate won the election, he received about 1.5 million votes less than the losing Republican candidate four years ago.  Voters did not turn out, and that too, is our democratic right.

It is also our democratic right to make or change laws.  And voters in eight states did just that regarding cannabis:  Maine, Massachusetts, Nevada and California voted to join Colorado, Washington, Oregon and Alaska in repealing marijuana prohibition; Florida, North Dakota and Arkansas approved medical marijuana laws; and Montana expanded its medical marijuana program.  The results mean that once all these new laws are implemented, more than a quarter of Americans aged 21+ can walk into a store and buy weed just like they go into a store and buy beer!  And more than 60% of Americans will have access to medical marijuana!

Now that’s democracy I can believe in!

Editor’s note:  Mr. Tilton, a longtime, strong and loud cannabis legalization activist, lost his bid for a New Hampshire State Senate seat by 12 points, 56-44, a 7-point improvement over his first bid two years ago.  “Even though I lost,” he told me, “I’m now sandwiched between two legal states!  Count me very bullish on the cannabis industry.  The 2016 national vote shows prohibition has reached a tipping point, and the end of prohibition is nearly at hand.  And on a personal level, I’m totally jazzed about my Seattle-based venture fund’s investments into cannabis-related startups!”  (Mr. Tilton is also a canna-pranuer.  You can check out his full_tiltON ventures website at fulltilton.com.)

 

The Expectations Of The Legal Cannabis Market After Elections

MAINE: In California, Massachusetts, Nevada and Maine, voters decided that recreational cannabis use is now legal. Now as for Arizona, it was the only state that rejected the proposal. Making it four of the five states, where the proposal of legalization of cannabis for recreational use were approved. Companies in this sector profiting from the growing demand, views this as a highly positive development for the legal cannabis industry, as it may bring billions of dollars to the industry and to the states themselves.

District of Columbia, along with other 8 states now recognizes recreational marijuana use as a legal practice for adults. Arkansas, Florida, Montana and North Dakota assed ballot measures legalizing medical marijuana use only.  California is of course the most populated state and the largest market for cannabis. California Lt. Gov. and former San Francisco Mayor Gavin Newsom, said the proposition could generate up to $1 billion a year in tax revenue, as well as $100 million in saved taxpayer money on an annual basis.

Marijuana Initiatives Will Add $7.4 Billion To Market

CALIFORNIA:  Arcview Market Research, in partnership with New Frontier Data, have released a special election update to the official Arcview Market Research growth projections in light of victories from 8 of the 9 marijuana ballot initiatives. The passage of initiatives in California, Nevada, Massachusetts, Maine, Florida, Arkansas, Montana, and North Dakota will add $7.4 billion to the 2020 market forecast bringing the overall market projection for legal adult-use and medical sales in the U.S. to $21.2 billion by 2020. That brings the compound annual growth rate (CAGR) to 28%.

“There is nothing more powerful than an idea whose time has come. This is marijuana’s moment,” said Arcview Group CEO, Troy Dayton. “Even without these initiatives passing, the legal marijuana market was poised for remarkable growth. Now, with these legalization victories, growth will be off the charts. You will not find another multi-billion dollar industry growing at this rate that isn’t already attracting huge multi-national companies and institutional investors. It’s truly a historic opportunity for pioneering investors and entrepreneurs to take a run at a huge market without needing to compete with the really big dogs…yet.”

“Recent polls have shown 60 percent of the public supports adult use legalization. Nine in ten support the legalization of medical use. The ten initiatives on the ballot reflect the accelerating public debated on legal cannabis access. The passage of these measures shows that public support on this issue is not solely confined to urban, liberal markets but extends into conservative rural states as well,” said Giadha DeCarcer, Founder and CEO of New Frontier.

Below are the 2020 Arcview Market Research projections for various state markets that passed initiatives (presuming new markets are operational by 2018):

California: Medical — $3.3B, Adult Use — $4.3B, Total Market = $7.6B

Maine: Medical — $129M, Adult Use — $196M, Total Market = $325M

Massachusetts: Medical — $301M, Adult Use — $771M, Total Market = $1.1B

Nevada: Medical — $193M, Adult Use — $429M, Total Market = $622M

Arkansas: Total Medical Market = $6.4M

Florida: Total Medical Market = $1.6B

Montana: Total Medical Market = $128M

North Dakota: $2.3M

For a deep dive into the market dynamics in each state and trends driving this market please download a copy of the 4th edition of the State of Legal Marijuana Markets. The report is downloadable at www.ArcviewMarketResearch.com and www.frontierfinancials.com.

Freedom Leaf Reports Tech Hiccups, Success In Live Election Night Coverage With Cannabis Radio

NEVADA:  The morning after a marathon live video feed of election coverage on Tuesday night in conjunction with Cannabis Radio, Freedom Leaf, “The Marijuana Legalization Company™”  discovered early Wednesday morning, to the consternation of many friends and shareholders that its websites (http://www.freedomleaf.com/ and http://freedomleafinc.com/) were not responding.

The company released this statement n response to numerous inquiries about the incident:

When informed, in an email from our Virtual Private Server provider, that the sites were taken down, “As a part of A2 Hosting Perpetual Security, we’ve discovered a security issue in your VPS account. The evidence of the security issue: 69,581 pps during 5 second interval (DoS attack)”, Clifford Perry, President and CEO of Freedom Leaf, Inc. commented, “That doesn’t make any sense. We are the Good News in Marijuana Reform. No one takes the good guys down so there must be another explanation.”

Initially, Management believed that the high volume of traffic to the site during the election coverage like what happened to Canada’s immigration website crash during the US vote, and possible traffic to the site from foreign visitors in earlier time zones, was the cause of the outage. Freedom Leaf’s IT department looked at the analytics and noticed that the inbound traffic from Europe and Worldwide brought about as a result of our media partnership with www.LaMarijuana.com the largest player in the Hispanic market worldwide.

The sites were restored about 10:30 am (PST) and no credible evidence of an organized attack was found.  The incident actually was tracked to other media properties that are in development and hosted on the Freedom Leaf server.  “The volume of traffic certainly attests to the success of the election coverage. We and our partner Cannabis Radio are grateful to all of our friends and supporters who helped spread the word about the broadcast. Regardless of how people feel about the election, cannabis came out the winner and we are very happy to have been part of telling the story,” said Mr. Perry.  “We expect to be there to announce when Federal Agencies finally catch up to the states that increasingly recognize the rights of the people to care for their own health needs,” he concluded.

It makes sense that this election season generated a large spike in views for the Freedom Leaf website, considering it was the largest marijuana legalization event in the history of the nation. The number of recreationally legal states doubled to eight, and four more states now have medical marijuana programs. Visit Freedom Leaf’s results guide.

All Eyes On The Legalization of Cannabis

Today is not only a politically important day for the United States, but also a very crucial day for marijuana industries, as many states will hold referendums on the decision to legalize recreational and medical marijuana or not. It is estimated that roughly 30 percent of the US population in nine of the states will partake in the vote for the historical decision.

According to a report by New Frontier and ArcView Market Research, the regulated cannabis market in the United States is projected to reach more than $7 billion this year. With many states voting today, all eyes will be focused on the Legalization of Cannabis.

Freedom Leaf and Cannabis Radio Present Live 2016 Presidential Election Coverage

FreedomLeaf.com/Election will be broadcasting the coverage live

NEVADA: Freedom Leaf, “The Marijuana Legalization Company™”  and Cannabis Radio will joined forces on Election Day, November 8, for historic real-time updates of marijuana reform results in nine states.

 Watch the votes go down while posing live questions to a line-up of TV and radio commentators and personalities from the movement. The six-hour narrowcast #MJElectionNight event offers the latest results for this watershed day in cannabis reform. The legal recreational market could more than double as a result of this election.

Our coverage is anchored live from Los Angeles by Cannabis Radio News Director and podcast host Russ Belville and will feature live reports from the heads of all 9 statewide marijuana reform initiatives on the ballot. Cannabis Radio’s correspondents will report from all nine states where major initiatives are up for a vote: Arizona, California, Maine, Massachusetts, Nevada, Florida, Arkansas, North Dakota, and Montana.

There will be two Freedom Leaf executives who will be featured speakers in the evening’s broadcast. They are strong cannabis proponents, Allen St Pierre, who is Freedom Leaf’s vice president of communication and advocacy and Chris Thompson, Freedom Leaf’s community and non-profit manager.

CannabisRadio’s comprehensive line-up of speakers will tackle every aspect of the plant, its medical use, implications, societal and economic impact. You’ll hear from opponents, proponents, industry stakeholders, legislators, not-for-profits and celebrities.

When: November 8, 6pm EST-12pm EST (3pm PST-9pm PST)

Where: Viewers may tune in live at FreedomLeaf.com/Election. The live coverage will also be streaming on Facebook Live, LiveStream, television news affiliates and hundreds of websites. The viewing audience will chat live and pose questions to our guests using the hashtag #MJElectionNight on social media sites to keep up with and comment on the latest news.

Who: #MJElectionNight is produced by CannabisRadio.com in partnership with Freedom Leaf, “The Marijuana Legalization Company ™”, the leading go-to resource in the cannabis, medical marijuana, and industrial hemp industry. Cannabis Radio is the premier online/podcast radio destination for all things cannabis. All of Cannabis Radio’s original programming is distributed through the world’s largest podcast platforms including iHeartRadio, iTunes, Stitcher, Spreaker and TuneIn. If you are an activist, enthusiast, cannabusiness owner, politician or policy maker looking to keep your fingers on the pulse of what is important to all the major stakeholders of cannabis, then the Cannabis Radio network and Freedom Leaf the multi-media platforms are for you.

Freedom Leaf Magazine, The Good News in Marijuana Reform publishes current information about the emerging industry, and related news, arts, entertainment, politics and business.

Subscribe to Freedom Leaf Magazine and 10 copies will be mailed to you annually: http://www.freedomleaf.com/subscribe/

Download to the free Freedom Leaf mobile app to your smart phone at iTunes or Google Play.

 

MJ Index Launched: 20 U.S. Based Marijuana Stocks Ranging From Microcap To Large Cap

Marijuana legalization in California will increase the number of people that currently have access to recreational pot by over 5 fold. After all, California in itself boasts the world’s 6th largest economy. Once California passes legal marijuana then the rest of the nation will soon follow. The passive investment opportunities are limited almost exclusively to risky penny stocks that trade over-the-counter with little oversight. Although high risk, marijuana stocks will likely experience epic returns over the coming months. Fully legal recreational marijuana in California will be an absolute game changer!

Here is a list of 20 actively-traded U.S. based marijuana stocks that comprise the newly launched MJ Index (www.allmarijuanastocks.com/MJ-Index/). Grouped below into 4 market capitalization levels; microcap, small cap, mid cap and large cap.

5 microcap marijuana stocks (under $1M market capitalization)
BTFL, MJMJ, NGBL, PZOO, VRCI

Monarch America, Inc. (BTFL) 
Monarch America, Inc., through its The Big Tomato, Inc. subsidiary, sells and distributes hydroponic lights and equipment to the indoor gardeners and commercial growers. Company website www.monarchamerica.com

The MaryJane Group, Inc. (MJMJ)
The MaryJane Group, Inc., through its subsidiaries, provides lodging, events, spa services, and brand merchandising primarily in the cannabis industry. The company operates and manages Bud + Breakfast locations that offer bed and breakfast to the recreational marijuana industry. Company websitewww.themaryjanegrp.com

Notis Global, Inc. (NGBL)
Notis Global, Inc., together with its subsidiaries, provides specialized consulting services to the hemp and marijuana industry primarily in Arizona, California, Colorado, Nevada, Illinois, Oregon, and Washington. The company provides Notis Global dispensing system for the control and dispensing of medical marijuana industry. Company website www.notisglobal.com

Pazoo, Inc. (PZOO)
The company offers pharmaceutical testing laboratory services to the medical cannabis industry; and marketing and sales agent services for the distribution of non-controlled hemp productsCompany website www.pazoo.com

Verde Science, Inc. (VRCI)
Verde Science, Inc., a pharmaceutical research and development company, focuses on developing a portfolio of cannabinoid based prescription medicines for various medical conditions. Company website www.verdescienceinc.com

5 small cap marijuana stocks ($1M – $20M market capitalization)
AGTK, GRNH, HEMP, PHOT, VAPE

Agritek Holdings, Inc. (AGTK)
Agritek Holdings, Inc. offers various products and services to the medicinal marijuana sector in the United States. It distributes hemp-based nutritional products; and provides solutions for electronically processing merchant transactions. Company website www.agritekholdings.com

GreenGro Technologies, Inc. (GRNH)
GreenGro Technologies, Inc. designs, manufactures, and markets green eco-friendly vertical cultivation systems in the United States. Company websitewww.greengrotech.com

Hemp Inc. (HEMP)
Hemp Inc. produces products made from industrial hemp. The company also offers products and services to the medical and recreational marijuana industries.Company website www.hempinc.com

Growlife, Inc. (PHOT)
GrowLife, Inc. is a nationally recognized cultivation brand, providing world-class hydroponic equipment, lighting, nutrients, media, and other cultivation supplies to commercial and urban operations. Company website www.growlifeinc.com

Vape Holdings, Inc. (VAPE)
Vape Holdings, Inc. engages in designing, marketing, and distributing ceramic vaporization productsThe company offers blended ceramic vaporization element for torched, electronic, and portable vaporizers under HIVE brand. Vape Holdings, Inc. is based in Chatsworth, California. Company websitewww.vapeholdings.com

5 mid cap marijuana stocks ($20M – $100M market capitalization)
CANN, CVSI, MSRT, SRNA, ZDPY 

General Cannabis Corp. (CANN)
General Cannabis Corporation provides services to the regulated cannabis industry in the United States. The company engages in the acquisition and leasing of cultivation space and related facilities to licensed marijuana growers and dispensary owners. Company website www.generalcann.com

CV Sciences, Inc. (CVSI)
CV Sciences, Inc., a life science company, focuses on developing and commercializing novel therapeutics utilizing synthetic Cannabidiol (CBD). Company websitewww.cvsciences.com

MassRoots, Inc. (MSRT)
MassRoots, Inc. operates a technology platform for the cannabis community in the United States. The company’s mobile network enables users to share cannabis content to connect with the legalization movement. Company website www.massroots.com

Surna Inc. (SRNA)
Surna Inc. designs, develops, manufactures, and distributes systems for controlled environment agriculture (CEA). It offers chillers, lights, reflectors, and irrigation systems; Hybrid Building that uses the sun as its primary light source; air sanitation technology for mold and mildew risk mitigation to cultivators; and mechanical, electrical, and plumbing services. Company website www.surna.com

Zoned Properties Inc. (ZDPY)
Zoned Properties Inc., a real estate company, engages in operating, leasing, and managing commercial properties primarily in Arizona. The company also holds properties that have licensed medical marijuana operators signed to lease agreements. Company website www.zonedproperties.com

5 large cap marijuana stocks ($100M+ market cap)
AXIM, INSY, KSHB, MJNA, TRTC

AXIM Biotechnologies, Inc. (AXIM)
AXIM Biotechnologies, Inc., a biotechnology company, focuses on the treatment of pain, spasticity, anxiety, and other medical disorders with the application of cannabinoids based productsCompany website www.aximbiotech.com

INSYS Therapeutics, Inc. (INSY)
Insys Therapeutics, Inc., a specialty pharmaceutical company, develops and commercializes supportive care productsThe company markets Subsys, a sublingual fentanyl spray for breakthrough cancer pain in opioid-tolerant cancer patients in the United States. Company website www.insysrx.com

Kush Bottles, Inc. (KSHB)
Kush Bottles, Inc. markets and sells packaging products and solutions for the medical and recreational cannabis industries in the United States. Company websitewww.kushbottles.com

Medical Marijuana, Inc. (MJNA)
Medical Marijuana, Inc., an investment holding company, operates in the medical marijuana and industrial hemp markets. Its products range from patented and proprietary based cannabinoid products to seed and stalk or isolated high value extracts manufactured and formulated for the pharmaceutical, nutraceutical, and cosmeceutical industries. Company website www.medicalmarijuanainc.com

Terra Tech Corp. (TRTC)
Terra Tech Corp., through its subsidiaries, engages in the design, marketing, and sale of hydroponic equipment with proprietary technology to create sustainable solutions for the cultivation of indoor agriculture in Newport Beach and Irvine, California. Company website www.terratechcorp.com

MJ Index is available at http://www.allmarijuanastocks.com/MJ-Index/

Got Bank? Election Could Ereate Flood Of Marijuana Cash With No Place To Go

By Lisa Lambert

Although the sale of marijuana is a federal crime, the number of U.S. banks working with pot businesses, now sanctioned in many states, is growing, up 45 percent in the last year alone.

Still, marijuana merchants say there are not nearly enough banks willing to take their cash. So many dispensaries resort to stashing cash in storage units, back offices and armored vans.

Proponents believe the Nov. 8 election could tip the balance in favor of liberalizing federal marijuana laws, a move seen as key to getting risk-averse banks off the sidelines.

Measures on ballots in California, Florida and seven other states would bring to 34 the number of states sanctioning pot for medical or recreational use, or both. That could push annual sales, by one estimate, to $23 billion.

The prospect for a market of such scale is adding urgency to calls for a national approach to marijuana that expands banking options. Law enforcement and Federal Reserve officials have expressed concern about the fraud and crime associated with un-bankable cash.

Nearly 600 dispensary robberies have been reported in Denver since recreational pot was legalized in Colorado three years ago.

“There’s not a single human being who thinks there is any benefit at all in forcing marijuana business to be conducted on an all-cash basis,” said Rep. Earl Blumenauer, a Democrat from Oregon who has called for the decriminalization of marijuana since coming to Congress in 1996.

 

The Legal Cannabis Market Making Noise

NEW YORK: Analysts from financial services firm, Cowen and Co. delivered a report projecting a $50 billion legal cannabis market in the United States by 2026. But such progression would be based on federal legalization. The Presidential Election is a key catalyst toward that end, analysts wrote. Many companies who have invested in the cannabis industry are now in a better position to benefit from the November state referendums.

Supporters for recreational marijuana hope the November election will bring their first major electoral victory. Supporters believe “yes” votes in the Northeast region of the United States would add geographic variety to the legalization map, inspiring other East Coast states to move in similar directions and perhaps build toward ending federal exclusions on marijuana.

 

Gary Johnson Leaves Marijuana Business To Announce Presidential Run

Former New Mexico Gov. Gary Johnson is stepping down as head of a marijuana company in order to run for president.

Johnson announced his campaign for the 2016 presidential election on the Fox Business Network on Wednesday, who plans to run as a Libertarian candidate.

“I want to take this opportunity to announce my candidacy for president,” Johnson told Fox’s Neil Cavuto. “I am hoping to get the Libertarian nomination for president in 2016 and in fact offer that alternative.”