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MIPR Holdings
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One in five Americans now live in states where pot is legal for adult use and the U.S. market for recreational #marijuana is twice the size of Canada.

However, U.S. producers face a major problem with their product: It is still on the federal government’s list of Schedule I narcotics, alongside heroin and LSD.

Marijuana companies in the U.S. are hamstrung by their federal outlaw status, which prevents them from receiving corporate tax breaks and exporting products across borders. Conflicting U.S. laws also dissuade #investment in research and development — which could help determine potential benefits and side effects — because patents are federally issued.

That disconnect between state and federal laws presents Canadian companies with a unique competitive advantage.

Read more: http://bit.ly/2gcGPED
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#MIPRHoldings #cannabis #cannabiscommunity #medicalmarijuana

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Pharma, Weed Policies And Trump

To compound the good for pharma stocks working on cannabinoid drugs, Trump’s election provided a major boost to the drug industry as well. One of the central issues of Hillary Clinton’s campaign was drug pricing, but it doesn’t seem to be a priority for Trump.

Publicly Traded Pot Stocks Go High

#Marijuana drug companies GW Pharmaceuticals PLC – ADR down
GWPH 1.47% and Zynerba Pharmaceuticals Inc up ZYNE 3.2% gained 6.0 percent and 3.0 percent, respectively, on Wednesday. Both stocks appeared poised to open Thursday’s session slightly higher as well. These pharma stocks traded mostly in line with non-marijuana pharma stocks like Merck & Co., Inc. down MRK 0.06%
and Pfizer Inc. down PFE 0.65%, which gained 6.5 percent and 7.1 percent, respectively, on Trump's election.

While the election results were good news for marijuana drug stocks, other marijuana traders took the opportunity to cash in on huge 2016 gains. The MJIC U.S. Reporting Marijuana Index closed Wednesday’s session mostly flat but near 52-week highs.

Read more: http://bit.ly/2fVMrzL
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#MIPR #medicalmarijuana #cannabisculture #business

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A bevy of state ballot measures passed this week reveal it’s only a matter of time before legalized #marijuana use is the law of the land in the U.S. Investors are already finding ways to buy into it.

Four states voted on Tuesday to legalize recreational pot use, while four others approved marijuana for medicinal purposes. That brings the number of Americans living in states where recreational marijuana is legal up to 20 per cent of the U.S. population. That percentage rises to 58 percent and 66 per cent of the U.S. population when counting states where medical marijuana is legal and where states have decriminalized the drug, respectively.

Federal legalization of recreational marijuana use is probably not around the corner. But that’s almost beside the point. States are following their own course, and will likely be even more emboldened once states-rights advocates move into the White House, the Senate, and the House of Representatives.

Read more: https://tgam.ca/2fVLZkK
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#cannabis #cannabisculture #medicalmarijuana #marijuanamovement

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LAS VEGAS, NV - November 11, 2016 (http://bit.ly/HgZW2G Newswire) On the heels of marijuana legalization wins in California, Nevada, Massachusetts and Maine and medical #marijuana victories is Florida, Arkansas, North Dakota, and Montana, more than 250 high net worth investors from around the world will gather in Las Vegas, NV for the first post-election gathering of #cannabis investors. Following these historic wins, #investors are eager to invest in the fastest growing industry in America. The Arcview Investor Network includes more than 550 accredited investor members who have put more than $86 million behind 133 cannabis-related companies.

Taking place at the The M Resort for a two day "Shark Tank"-like pitch forum on Monday, November 14th and Tuesday, November 15th, high net worth investors will be reviewing pitches from dozens of companies who competed fiercely for the pitch slots out of a field of hundreds of applicants and investors will take private behind-the-scenes tours of cannabis cultivation, dispensing, production and testing facilities.

Read more: http://bit.ly/2fVHk2g
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#MIPRHoldings #medicalmarijuana #cannabiscommunity #business

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Constellation Brands, the alcohol giant that sells Corona beer and Svedka vodka, is considering a new approach to livening up its beverages: #marijuana .

"We're looking at it," Constellation Chief Executive Officer Rob Sands said in an interview. "There are going to be alcoholic beverages that will also contain #cannabis ."

The legalization of marijuana across much of the U.S. — spurred by election-night victories on Tuesday — is creating a huge new market for legal weed. Voters approved marijuana for recreational use in California, Maine, Massachusetts and Nevada. That brings the tally of states with legal pot to eight, plus Washington, D.C., meaning one in five American adults now lives in an area where it will be legal to get high.

Read more: http://trib.in/2gcVQGr
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#medicalmarijuana #cannabisculture #MIPR #MIPRHoldings

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AmeriCann Inc plans to develop and lease sustainable, state-of-the-art medical #cannabis cultivation properties. The Company has over 1,000,000 square feet of facilities in the planning and design stages of development. The Company has designed a proprietary line of cannabis infused products which will be branded and licensed to companies in regulated markets.

Americann Inc just completed its acquisition of a nearly 53-acre property from Boston Beer Company (NYSE:SAM) for $4,475,000. The Company plans to develop the property as the Massachusetts Medical Cannabis Center (the “MMCC”), one of the largest and most technologically advanced cannabis cultivation facilities in the nation.

Designs for the MMCC include the construction of sustainable greenhouse cultivation, processing, and infused product facilities that will be leased or sold to Registered Marijuana Dispensaries under the Massachusetts #MedicalMarijuana Program. The Company has received unanimous approval from the Town of Freetown Planning Board for the development of 977,000 square feet of cannabis cultivation and processing infrastructure on the property. In addition, AmeriCann has signed definitive agreements with a provisionally licensed organization to become the initial tenant in the planned MMCC.

Read more: http://bit.ly/2fzSRnQ
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#marijuana #marijuanamovement #business #investing

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United Cannabis Corp’s Prana Bio Medicinal products provide patients a way to mix/match cannabinoids for therapeutic purpose. These products, licensed to regulated #marijuana dispensaries, are broken into 5 categories that are available in capsules, sublingual’s, and topical delivery methods. The Company uses a patent-pending infusion process utilizing select fatty acids, lipids, and specific combination of #cannabis derived terpenes to increase bioavailability.

The latest news from the company is that it signed a a Memo Of Understanding with A Puerto Rican Health Management Company, whereby United Cannabis will make available its proprietary Prana formulation, delivery methods, software and professional network, sufficient to launch a complete cannabis based product and support facility for the country of Puerto Rico. Prior to this announcement, CNAB partnered with Cherubim Interests Inc (OTCMKTS:CHIT) to design, construct and deploy mobile extraction laboratories to service the cannabis sector. The companies expect to begin construction and assembly of the laboratories in the coming weeks, and should begin shipping the first units by year-end.

Read more: http://bit.ly/2fPxy5f
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#medicalmarijuana #MIPR #MIPRHoldings #cannabiscommunity

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The largely empty greenhouses where flowers once were grown are fetching multimillion-dollar prices, and Allen, 76, is raking in commissions bigger than many people’s annual salary. A couple of weeks ago, he closed on a $2.6-million deal that netted him $78,000.

“It’s kinda fun, actually,” said Allen, who works for Keller Williams. “A year ago, I didn’t even know what it looked like. I thought they were Christmas trees.”

Monterey County’s land rush was touched off by efforts to ban the crop from the canyons and forests of the Big Sur area and sequester it inside existing greenhouses, where it can more easily be monitored, and perhaps most importantly, taxed.

And #cannabis will be taxed steeply if voters on Tuesday approve a $15-per-square-foot charge — rising to $25 in six years — that would bring in tens of millions of dollars to public coffers and make the crop as legitimate as the lettuce, berries and vegetables grown here by the biggest agricultural corporations in the state.

Read more: http://lat.ms/2fPw8rr
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#marijuana #medicalmarijuana #MIPRHoldings #cannabisculture

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#Investors new to the sector said they are eager for a piece of a market that, by some estimates, will reach $50 billion over the next decade and are looking for ways to claim profits while minimizing legal risks.

Philadelphia sports empire scion Lindy Snider said she invested in startup Kind Financial, a firm that makes software to keep growers and retailers in compliance with shifting regulations. Silicon Valley angel investor Fulton Connor said he put money into a web marketplace linking growers and stores.

Scotts Miracle-Gro SMG 0.26% , a publicly traded gardening product manufacturer, has spent hundreds of millions of dollars to acquire companies that sell soil, lighting, fertilizer and other products to #marijuana growers. Scotts’ chairman and CEO Jim Hagedorn told Forbes that marijuana was “the biggest thing I’ve ever seen in lawn and garden.”

Read more: http://for.tn/2fzPPAf
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#cannabis #MIPRHoldings #MIPR #cannabisculture

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#INVESTORS SHOW SUPPORT FOR PROP. 64

“The support has been enormous,” said Steve Gormley, founder and CEO of Seventh Point LLC, a Los Angeles-based private equity fund focused on the acquisition of legal and compliant cannabis industry assets in Los Angeles County. “We’re focused on distribution through dispensaries and opportunities for manufacturing through cultivation. Over the past 18 months a number of more traditional investors have come off the sidelines for what we feel will evolve as a historic industry.”

Gormley wouldn’t name the investors, as the fund is a private investment vehicle, but he said they are putting their money into a variety of areas that will help move the industry forward.

“It’s things like dispensary licenses, dispensary businesses, cultivation buildouts, technologies that address inefficiencies in marijuana products, hydroponics, security … a lot of very different verticals,” he said. “I liken this to what it must have been like to invest in alcohol three to five years before Prohibition was repealed when companies like Seagram’s emerged.”

Read more: http://bayareane.ws/2fPu4Qg
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#cannabis #marijuana #medicalmarijuana #MIPR
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