Are you looking for top marijuana stocks to invest in for Q4 2021? For the past 8 months, the cannabis sector has experienced substantial market declines. This is mostly due to Congress not establishing marijuana legalization earlier in the year. Now in Q4 the SAFE Banking Act and the MORE Act have resurfaced and passed in the House. Although there currently is a hold up in the Senate because lawmakers have their own legislation they have been trying to advance.
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On August 9, 2021, the United Nations Intergovernmental Panel on Climate Change sent shock waves through the financial markets and the world in general with the publication of its sixth assessment report.
The IPCC report, the most comprehensive of its nature since 2013, made it abundantly clear that much of the damage incurred by the global ecosystem will be irreversible, and the harm is accelerating at an alarming rate.
This has catalyzed investment funds and asset managers focusing on environmental, social and governance (ESG) criteria to rethink their approach. Chris Meyer of Praxis Mutual Funds, a well-established socially responsible investment firm, said in a Bloomberg Law article that the report “changes the calculus. We will need to have a sharper focus. This report shows that investors are not moving quickly enough.”
Financial investment itself may not be able to curb the problem. However, what is certain is that fund managers focused on ESG criteria will pay extra attention to environmentally conscious companies and substantial sums of investment dollars will likely flow into those that commit to more aggressive ESG plans.
ESG is a set of standards applied to a company’s operations that some firms use to analyze potential investments. In recent years, more and more investment firms have focused on ESG as a means of attracting investors. Investment firms also increasingly believe that companies exhibiting a commitment to ESG principals will be better situated to deliver outsized returns in the future.
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Delta 8 THC is a naturally existing compound found in the hemp variety of cannabis, and is part of a family of compounds called "cannabinoids". There are 140+ cannabinoids in the hemp plant, including another one you likely have heard of, which is CBD. Another familiar compound is Delta 9 THC, the active ingredient in Marijuana.
Delta 8 occurs naturally in hemp, but it doesn't exist in large amounts. So in order to make the amounts needed for products, Delta 8 needs to be created. Fortunately, the process for making Delta 8 has been known and refined for over 80 years, dating all the way back to early research in 1941 at the University of Illinois.
And it's a relatively simple process due to the fact that many cannabinoids are so similar to one another that they can easily be changed into one another simply by modifying the processing environment for these cannabinoids. In the specific case of creating Delta 8, it can be as simple as changing the pH and temperature surrounding CBD to cause its change into Delta 8 THC.
Because Delta 8 is a naturally occurring component of the cannabis plant, there's nothing to suggest that it is any less safe than Marijuana, which has a long history of being extremely safe. In the 80 years that Delta 8 has been knowingly produced from CBD, there have been no deaths or lasting health issues attributed to it. Some officials have recently expressed cautions based upon the potential for misuse of Delta 8 products. It's also been noted that a full agency evaluation has not yet been completed. The majority of concerns raised seem to not quantify an inherent danger of the products, but caution about risks with unrecommended or irresponsible use. They also confirm the industry's already existing position, that these products should only be used and enjoyed by adults in a responsible way.
Yes, Delta 8 THC is legal on a federal level, as was clearly defined for hemp-derived THCs in the 2018 Farm Bill. The Bill not only allowed for all derivatives, cannabinoids, and isomers of hemp to be legal but also specifically removed all hemp-based THCs from the Controlled Substances Act, a move that confirms congress did, in fact, know exactly what they were doing and that Delta 8 is not just the result of a legal "loophole," as some might falsely suggest.
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The Palm Springs City Council on Thursday unanimously approved a new schedule for municipal fines that can be levied on cannabis-related businesses that violate the city rules governing them.
In 2019, Palm Springs adopted a set of revised regulations for cannabis businesses, such as dispensaries and production operations, that was motivated largely by concerns raised by residents about the impact of odors those businesses can produce.
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A good amount of investors are looking at marijuana stocks from a different lens. What this means is a lot has changed in the sector in regards to how most cannabis stocks have been performing. Especially in the last year. Many investors at one point felt pot stocks were unstoppable in 2020 and early 2021. During this time many cannabis companies were able to see consistent upward trading in the market. Yet from 2018-2020 much of the momentum was built from how new and explosive the cannabis sector was.
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The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) will mail its first Hemp Acreage and Production Survey to 20,500 farmers across the nation beginning Oct. 18.
The hemp survey will collect information on the total planted and harvested area, yield, production and value of hemp in the United States.
Survey recipients are asked to respond securely online at agcounts.usda.gov, using the 12-digit survey code mailed with the survey, or to mail completed questionnaires back in the prepaid envelope provided, by Oct. 25.
As defined in the 2018 Farm Bill, the term “hemp” means the plant species Cannabis sativa L. and any part of that plant such as the seeds, all derivatives and extracts, whether growing or not, with a delta-9 tetrahydrocannabinol concentration of not more than 0.3% on a dry weight basis. The Domestic Hemp Production Program established in the 2018 Farm Bill allows for the cultivation of hemp under certain conditions.
All information reported by individuals will be kept confidential, as required by federal law. NASS will publish the survey results Feb. 17, 2022, on the NASS website and in the NASS Quick Stats searchable database.
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Vitaly Fargesen and Igor Palatnik, both of New Jersey, are accused of soliciting funds based upon false and misleading representations of their company, CanaFarma. The two also are charged with failing to invest solicited funds as promised and manipulating the public stock price of the company, according to a now-unsealed indictment handed down by a grand jury in the Southern District of New York.
CanaFarma initially sold a hemp-infused chewing gum under the brand name Yooforic, and later added hemp-based tinctures and skin creams. While the company marketed itself as a “fully integrated cannabis company addressing the entire cannabis spectrum from seed to delivery of consumer product,” in reality, all of the products came from third-party vendors, the indictment alleges.
Through a New York hemp grower, the company harvested 128,000 pounds of hemp in 2019, but didn’t process or sell any of it, or use it in any product, prosecutors alleged. The company never built a hemp processing plant, despite claims to investors that the business plan included having a “Fully Certified Clean Processing Facility.”
An attorney for Fargesen, Jeffrey Lichtman, wrote in an email: “We were greatly disappointed to see charges brought here despite cooperating with the government’s many information requests over the past year or so.”
He continued, “As will be revealed at trial, the government’s indictment relies almost exclusively on two rogue employees who managed to loot the company before running into the arms of the government and admitting their own fraud.”
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The Government has started a consultation process to explore the possibilities for the development of an industrial fibre sector using hemp.
Advocates for the sector including Hemp Cooperative Ireland, whose members include farmers, engineers and scientists, argue that Irish-grown hemp has significant potential as a renewable agricultural cash crop suitable for industrial applications including building insulation, cloth making and even low-carbon cement production.
While hemp can be produced here and was once widely grown for rope making, its closeness to cannabis means even industrial use is effectively banned under drugs legislation.
However, the Programme for Government, published last year, committed to exploring the potential for growing fibre crops such as hemp and to consider whether the crops have a viable market.
Hemp growing by farmers is subject to the granting of a licence by the Health Products Regulatory Authority, which operates under the auspices of the Department of Health.
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AceCann, a Portuguese medical cannabis company, is receiving a €13 million ($18.7 million) investment from Casa Verde, a venture capital fund co-founded by Snoop Dogg. It is the firm’s first investment in continental Europe, according to Sifted.
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The Greenwood Police Department (GPD) in South Carolina issued an advisory to parents this week cautioning them about a recent discovery in which a green substance tested positive as heroin, but looked quite a bit like cannabis.
The advisory posted on Facebook implores PARENTS: PLEASE READ. In a straightforward approach surely meant to get parents’ attention, police kick off by asking: “If you saw this, what would you think it was? Candy? Marijuana? This is heroin.”
One person commenting on the police post noted: “ I’d like to see one of the pieces cut open and also what the coating is, or was. It would help in keeping an eye out for crap like this.” Another poster thanked the police for providing a photo, adding “ more photos of other drugs would be helpful. ”
According to 7News, GPD public information officer Jonathan Link reports: “This is not something people just smoke a little bit and walk away. This is the kind of thing that grips people and puts them in the addiction, recovery process for the rest of your life.”
But Link notes the substance, which initially looks like cannabis that has been compressed, but when manipulated is much more of a “powdery, kind of a crystal substance,” Link adds.
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A Thursday ruling from a federal judge changed the landscape for the medicinal cannabis market by ordering a permanent injunction against Missouri’s residency requirement.
Since 2018, Missouri-based marijuana companies, such as dispensaries and manufacturing plants, have been required to be at least 51% owned by Missourians with at least one year of residency.
During last week’s hearing, Judge Nanette Laughrey of the Missouri Western District made the preliminary injunction against this requirement, which she had ordered in June, into a permanent injunction.
With the residency requirement gone, investors like Toigo no longer have to maintain a minority interest in cannabis-related businesses. Having equity with local vendors will allow him to help them grow and become more competitive, he said.
“It’s good for everybody in Missouri who wants to grow the cannabis space,” he said. “Now you don’t have to necessarily find Missourians to invest. You can bring in out-of-state investors, you can bring in capital from all over to improve the program.”
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The Long Beach City Council this week voted to allow more cannabis dispensaries and delivery-only marijuana businesses, but asked staff to figure out how to pay for the expanded program without raising taxes.
“It could potentially cripple the businesses we’re trying to lift up,” Councilman Al Austin said about the rejected tax increase. “That’s my real concern.”
The city’s social equity program was created in 2018 to allow those who were targeted for cannabis-related crimes to benefit from legalization.
The ordinance will allow eight more dispensaries to operate in Long Beach, exclusive to those who qualify for the equity program.
To qualify, equity applicants must meet one of the following requirements:
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Medical and retail marijuana sales fell in August for the second consecutive year, while the state's tax and fee revenue also declined, according to the Colorado Department of Revenue's September report.
Prior to last year, marijuana sales throughout the month of August had continuously increased from the previous month since 2014, according to the report.
Throughout the month of August, $192 million worth marijuana was sold across the Centennial State, which is a decrease of over $9.9 million or nearly 5% from July. Likewise, this August's overall sales were nearly 12% lower than in 2020, according to the report.
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Cannabis is booming. New numbers from Nevada’s Cannabis Compliance Board and Department of Taxation show the marijuana industry had more than $1 billion in taxable sales in the last year.
What these figures really show is that it is a product everyone is becoming more and more comfortable with.
And these gains are for the history books.
“It existed in the shadows for so long—you’d probably have to talk to someone from the 20s and 30s when alcohol was finally legalized,” said David Goldwater, a managing partner at Inyo Fine Cannabis Dispensary.
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A county in southern Oregon says it's so overwhelmed by an increase in the number and size of illegal marijuana farms that it declared a state of emergency Wednesday, appealing to the governor and the Legislature's leaders for help.
Illegal marijuana grows have been a persistent problem throughout the West, even in states like California that have legalized pot. A megadrought across the West has created urgency, though, as illegal growers steal water, depriving legal users including farmers and homeowners of the increasingly precious resource.
Only four Oregon Water Resources Department full-time employees handle complaints and perform all of their other duties in Jackson County and neighboring Josephine County, the commissioners said.
Josephine County has also been hurt by illegal grows that have drained creeks and siphoned off groundwater. Josephine County Sheriff Dave Daniel believes there are hundreds of illegal operations in his county alone. One with 72,000 marijuana plants that was drawing water from the Illinois River was raided after a dying person who worked there was dropped off in a nearby village.
Oregon voters made producing, processing, selling and using recreational marijuana legal in a ballot measure in 2014. Pot businesses must be registered with the state, which enforces compliance with rules. But some growers and processers remain outside the law, joined by a recent influx of outsiders in Jackson and Josephine counties who seek large profits by selling on the black market outside of Oregon while avoiding state taxes and regulations.
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In anticipation of medical marijuana dispensaries coming to town, Doraville issued a temporary ban on the newly legal industry to give city leaders time to decide how they’d like to regulate it.
The City Council unanimously voted Monday to issue a 90-day moratorium on businesses that sell medical cannabis, including THC oil and products. While there’s no current businesses focused on selling these products in Doraville, City Attorney Cecil McLendon said he’s heard there is interest in the metro Atlanta market.
The city’s current zoning code doesn’t include medical cannabis as a use, so McLendon said the industry would default to being regulated like pharmacies, which are allowed in any commercial areas. He’s not sure if the city will decide to add further regulations, but the 90-day period gives city staff time to figure it out.
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While most cannabis consumers likely don’t have weed lying around the house that they don’t want to smoke, it can happen, especially if a person harvests their own marijuana or suddenly finds they have a whole lot of weed on hand.
Leftover cannabis can always be stored in glass jars and dark places for later use, but, if feeling a bit more creative, there are plenty of fun things that can be done with these leftovers, remnants that could offer different experiences to compliment that cannabis high.
Whenever there’s too much weed, cannabutter is a great place to turn. For starters, it’s very easy to make; it’s also super malleable, able to be be added to coffees, teas, drinks and just about any edible treat. Making cannabutter is also simple. Just remember to decarb the weed in the oven beforehand.
Concentrates are potent forms of cannabis, stronger than flower. They can be consumed in different ways, which is why there are so many in the market. Still, some simple ones can be made at home, like rosin, which is made by pressing flower into some parchment paper with the help of a curling iron until it crackles. This process creates some oil that can be used on a dab rig, and consumed in that way.
Sometimes, though, the best response is the easiest. Consider simply using that leftover weed to make a huge joint. There are dozens of ways to make them, from cross-joints to stuffing a whole bunch of weed into some tobacco paper. Just remember to share.
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I'm probably never going to learn how to speak Mandarin unless our future Chinese overlords say so, but I've been smoking a ton of it lately. Mandarin Cookies, Mandarin Sunset and Mandarin Dreams have all been in season at dispensaries for the better part of three years now, and there's no sign of them departing any time soon. There have been a couple of additions to the family from the same breeder that gave us all the other Mandarin varieties, but the new kids have yet to be knighted.
Colorado's Ethos Genetics is responsible for the orange crush so many Denver dispensaries are under, crossing Herijuana and Orange Skunk that birthed Mandarin Sunset, then taking off commercially with Mandarin Cookies. Our latest citrus deity is a cross of Mandarin Sunset and Temple Kush, another Ethos creation. Mandarin Temple isn't very orange, though, instead taking after Temple Kush's background of OG Kush, Sour Diesel, Afghani and Purple Thai. While that might disappoint someone expecting the sweet orange burst from Mandarin Sunset and Mandarin Cookies, I'll happily accept this black sheep's hash qualities and dependable high.
Mandarin Cookies' ability to combine Florida oranges with heavy resin is more distinguishable than sturdy evening effects and flavors from decades past, but the fuddy-duddy in me prefers the way Mandarin Temple always hits the same. It's my glass of whiskey after work, giving me a short rush that numbs stress and increases intrigue before chipping away at my energy. The juiced-up approach toward Eastern Kush varieties is like watching a well-made period piece, giving me all the clothes, cars and music from the ’50s in clearer visuals and sound.
Mandarin Temple won't ever be Mandarin Cookies in terms of widespread notoriety, but the strain's current popularity among wholesale growers and its modern boost on older cannabis characteristics give it a bright chance to stick around. Just don't expect any orange on the tastebuds, or you'll be seeing red.
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An Ohio legislator is again trying to legalize recreational cannabis use for adults.
State Rep. Jamie Callendar, from Concord, plans to introduce a bill that would make buying and using cannabis legal for Ohioans 21 and older, according to the Cincinnati Enquirer. Ohio's existing cannabis producers, who sell their product medically, would be allowed to transition into selling recreational cannabis too.
The legislation also creates a pathway for Ohioans to expunge previous cannabis convictions from their record.
Ohio currently allows cannabis to be used only for treating approved medical conditions. Previous attempts to legalize recreational cannabis use have failed in the Buckeye State, though neighboring Michigan has approved the adult use of the drug.
There is also a ballot initiative that would make cannabis use legal for all adult Ohioans, treating cannabis like alcohol, WKYC reports.
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The past few years have seen a tremendous boost in the US cannabis industry, as 36 states have legalized the substance for medical or recreational use, or both, and several others have decriminalized it. At the Federal level, cannabis remains an illegal narcotic – but Federal law also prohibits prosecution of users who are in compliance with local state laws.
The industry is facing a number of headwinds, however, with the most serious being political in nature. Like so many headwinds these days, this originates with the partisan deadlock in Washington. Congress and the Biden Administration are finding it difficult to get major legislation passed into law, and so second-tier priorities, such as legalization of cannabis, are taking a back seat.
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