Marijuana Stock News The marijuana stock market is a constantly updating, evolving beast.

Marijuana Stock News: What Today Means for Marijuana Stocks 2018

Marijuana Stock News

Marijuana Stock News    The marijuana stock market is a constantly updating, evolving beast.

The marijuana stock market is a constantly updating, evolving beast. There’s so much going on day to day in terms of marijuana stock news that it feels like you can’t even keep up sometimes. Because unlike other industries, marijuana stock news is only half about pot stocks, with the other half firmly focused on the political side of one of the most controversial drug movements around: U.S. weed legalization.

So when it comes to pot stocks, they can be some of the more taxing investment opportunities around, even if their potential payoff may warrant that extra legwork on the investor’s part. It’s one of the reasons I like writing about weed stocks so much—I get to combine my passion for politics with my interest in finance and help everyday investors make the right moves in the market by seeing what’s ahead over the horizon.



Marijuana Stock News

U.S. Weed Legalization

No single event in my mind would have a more profound effect on the marijuana stock market than a total U.S. weed legalization policy put in place by the government. While we’re still long ways away from that, even if the majority of Americans have come out in support of legal marijuana, there are some promising signs that point towards a green future.

The most important development would be the bill proposed by Sen. Cory Booker (D-NJ), who not only wants to legalize the drug, but also actively encourage and incentivize the remaining states to follow suit, not to mention dissuade drag on the law by penalizing states that don’t adopt legalization legislation.

This kind of changeover and confluence of ideals has created a difficult balancing act for both legislators and pot activists. Ultimately, for marijuana legalization U.S. to truly blossom, the country needs to have federal protections in place for the drug. Otherwise, no matter how many states pass legislation allowing medicinal and recreational use, there’s no guarantee that the federal government won’t send its agents in to shut the whole operation down. While that scenario is unlikely, the mere threat of it is still daunting for investors.

Not to mention that transportation and shipment of the drug are made needlessly complicated by the current laws in place.

.S. Pot Laws 2017

In direct opposition stands the Trump administration, which has taken a rather regressive view on the legalization of pot in the U.S.

While President Trump went back and forth during the campaign about what he would do concerning marijuana laws in the U.S. (which, to be fair, he did on a number of different issues), he initially said he would follow the Obama model and leave it up to the states. Of course, he never cited Obama by name, but that was the gist of his position in several interviews.

Fast forward to now, and we have a very different Trump on our hands. Part of that, of course, is fueled by the appointment of Attorney General Jeff Sessions.

Sessions is one of the most adamant drug crusaders of our day, and has targeted marijuana as a drug that ought to be curtailed in its use and its proliferation as a legalized substance.

New Marijuana Stock Opportunities 

Medical marijuana and recreational marijuana are both well-covered in terms of how they project to be big, billion-dollar businesses in the near future. But what about other industries that are developing around marijuana?

Just take at the marijuana real estate stock chart below, for example.

marijuana real estate stock chart

 

For instance, if a marijuana grower is operating in Colorado and is growing its product, making a living, abiding by the law, there’s still nothing stopping federal agents from coming in and shutting everything down. Then the company would effectively be killed off and sitting on a ton of land that it can’t do anything with at the moment. That would drive it potentially towards bankruptcy or at the very least create an environment where opportunistic buyers would come in with low-ball offers on the land, looking to take advantage of the misfortunes of the grower.

The marijuana real estate business helps cut these risks for marijuana producers by leasing the land to the companies. The result is that the growers are not on the hook for millions in terms of land investment should they ever be shutdown, while the marijuana real estate company collects rent so long as the marijuana company is in business.




 

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Marijuana Penny Stocks With so much excitement building around the potential breakout of a legal recreational pot business open for investment,

The Good, the Bad, and the Ugly Recent Marijuana Stock News

Marijuana Stock News: What Went Right, What Went Wrong

Marijuana Stock News Sometimes I feel like a broken record repeating the same thing every week, but I feel it can’t be said enough:

 Marijuana Stock News Sometimes I feel like a broken record repeating the same thing every week, but I feel it can’t be said enough: If you’re a marijuana stock enthusiast, you need to be up to date on marijuana news. The drug is working its way—albeit slowly—towards mass acceptance in the U.S., both medically and for recreation. But that process is one that will ebb and flow, and following the news is a great way to try and predict the future of the pot industry. In this case, I’ve rounded up three bits of news that all may have a profound effect on the legalization process.

The Good Pot Stock News

The good news in pot stock is that illegal weed is bad. Very bad. Besides the obvious concerns about illegal weed—including funding gangs and the product being less safe overall due to a lack of oversight and regulatory organizations in the criminal world—there’s a new reason to hate on illegal weed production: pollution.



 Marijuana Stock News

A recent story by Reuters highlighted the environmental toll that illegal pot is taking on the environment. One expert claims that the amount of pesticide and fertilizer released in California, if concentrated into a single stream, would exceed the amount of chemicals spilled in Elk River in West Virginia during a 2014 crisis, which left 300,000 residents without access to potable water. (Source: “Toxic waste from U.S. pot farms alarms experts,” Reuters, August 6, 2017.)

The Bad U.S. Full Marijuana Legalization News

U.S. Attorney General Jeff Sessions seems hellbent on using federal power to crack down on states that have legalized pot. The latest marijuana stock news revolves around a letter Sessions sent to a number of top Washington officials, criticizing the state’s legalization of marijuana. (Source: “U.S. Attorney General Sessions criticizes Washington state’s legal marijuana system,” The Seattle Times, August 6, 2017.)

The Ugly Marijuana News

The thing about Sessions is that his own task force, which he assigned to access the damage of legalized pot, came back and pretty much said that the Obama administration played it right. Which is to say, back off from the states and let the people decide. Of course, this was not the news that Sessions wanted or needed, so his attack on legal weed in Washington is all the more weak.

Not to mention that Washington officials claim that Sessions is using out-of-date information from 2016 that does not reflect the reality today.

 

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Marijuana Penny Stocks With so much excitement building around the potential breakout of a legal recreational pot business open for investment,

Two Medical Marijuana Penny Stocks to Watch Out for in the Wake of Complete Weed Legalization in 2017

Weed Legalization in the U.S.

Marijuana Penny Stocks With so much excitement building around the potential breakout of a legal recreational pot business open for investment,

Marijuana Penny Stocks With so much excitement building around the potential breakout of a legal recreational pot business open for investment, the very profitable medical marijuana business usually gets overlooked. For those investing in marijuana stocks, that’s a big mistake. The top medical marijuana penny stocks have the potential to provide even more lucrative returns.

It’s important to remember that the path to weed legalization in the U.S. is on two different tracks for medicinal and recreational marijuana. While recreational marijuana is gaining steam across the U.S., with Nevada being the latest state to enshrine the legal usage of marijuana into law, it’s still a far ways behind on medicinal marijuana.



 Marijuana Penny Stocks

While the majority of Americans do believe that marijuana should be legalized, both federally and statewide, the process is slow-going in terms of mass legalization. Sure, the most populous state in the country, California, has legal weed, as well as several other states and D.C., but that’s still nowhere near full acceptance. Not to mention that the drug is still illegal federally, meaning that technically, national agents could come in and close down every single recreational marijuana dispensary in the country.

You see, under the Obama administration, while not directly endorsing marijuana use, the former president and his team tacitly condoned states moving towards more legalization as federal agents stayed out of the states’ way once legislation was passed.

With that blow coming towards the Sessions crusade against marijuana and Booker pushing legislation, it was a great past week for the marijuana industry.

So with that good new coming in spades, let’s take a look at the marijuana stock list that shows two medical marijuana stocks I think are two of the top medical marijuana penny stocks.

Top Medical Marijuana Penny Stocks

weed3

Chart courtesy of StockCharts.com

Aphria Inc (TSE:APH)

Aphria has a lot going for it. It’s based out of Canada, which is set to legalize all forms of marijuana use by summer 2018. It has a novel way of growing its product—through greenhouses—that will lend it a competitive advantage. And it already supplies a good portion of medical marijuana to the market.

Canopy Growth Crop (TSE:WEED)

As the biggest player in the marijuana market, with a market cap of nearly $1.5 billion, it’s easy to see why such a huge and respected player in the market would be a solid penny stock.

In fact, it’s quite surprising that WEED stock is among the top medical marijuana penny stocks considering its size, but with the value of its shares well below $10.00, WEED stock is still in the penny stock phase of growth.

 

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 Cory Booker Earlier this week, Sen. Cory Booker (D-NJ) introduced legislation that would begin to end the unfair prohibition of marijuana

CANNABIS BUZZ Senator Cory Booker Tries to Legalize Marijuana Nationally

Senator Cory Booker Tries to Legalize Marijuana Nationally

CANNABIS BUZZ

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 Cory Booker Earlier this week, Sen. Cory Booker (D-NJ) introduced legislation that would begin to end the unfair prohibition of marijuana throughout the federal government. The bill would also serve to repair the damage done to the country via prohibition.

Booker was quoted stating that “I believe the federal government should get out of the illegal marijuana business. You see what’s happening around this country right now. Eight states and the District of Columbia have moved to legalize marijuana. And these states ae seeing decreases in violent crime in their states. They’re seeing increases in revenue to their states. They’re seeing their police forces being able to focus on serious crime. They’re seeing their police forces being able to focus on serious crim. They’re seeing positive things come out of that experience.”



 Cory Booker

The legislation that Booker would like to put in place called the ‘Marijuana Justice Act’, would essentially; remove marijuana from the Controlled Substances Act, ending federal prohibition of marijuana. It would effectively cut federal funding for state law enforcement and prison construction if a state disproportionately arrests and/or incarcerates low-income individuals and people of color for marijuana offenses.

The legislation would also allow private entities to take legal action against states that unfairly or unjustly arrest and incarcerate low-income individuals and/or people of color for marijuana offenses.

In addition, it would prevent the unfair deportations of individuals for marijuana related offenses. The bill would also provide a process for releasing marijuana related-offenders of their crimes at the federal level.

Lastly, it would create a Community Reinvestment Fund. This would take $500 million and re-invest it in communities that are affected by the war on drugs, for several programs to help with re-entry into society such as job training, community centers, and more programs.

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mCig Strengthens Share Structure, Announces Shareholder Call

INVESTORS mCig, Inc. (MCIG) Applauds the Senate for Protecting Legal Marijuana

MCIG Applauds the Senate for Protecting Legal Marijuana

 mCig, Inc. ( OTCQB : MCIG ). By voice vote, the Senate Appropriations Committee approved a budget bill amendment

 PRESS RELEASE mCig, Inc. ( OTCQB : MCIG ). By voice vote, the Senate Appropriations Committee approved a budget bill amendment called the Rohrabacher-Blumenaur amendment preventing the federal government from interfering with medical marijuana programs in states where Cannabis is legal for medical use, which passed last week. This move greatly benefits mCig and its divisions, allowing them to effectively pursue growing its core competencies serving the ancillary legal Cannabis, Hemp and CBD markets.
The amendment is to the Commerce, Justice and Science Appropriations Bill for 2018. Through this amendment, the federal government is prevented from using federal funds prohibiting states from implementing their own laws that permit the use, cultivation, possession and distribution of medical marijuana. The Department of Justice (DOJ) is no longer permitted to investigate or pursue prosecution for violations of federal laws involving medical marijuana in states that have legalized the use of Cannabis for medical purposes absent any evidence that the defendant violated state law.

 mCig, Inc

 

 

It has become clear that over 90 percent of the public approves of marijuana use for medicinal purposes and our federal government now has the responsibility to ensure that our legislation reflect those views. It is clear that the legal marijuana industry is experiencing considerable momentum and growth that has been and will continue to prove favorable for businesses and investors in this industry.

About MCIG Group ( OTCQB : MCIG )

Headquartered in Henderson, Nevada, with offices in 6 continents, mCig, Inc. ( OTCQB :MCIG ) a diversified holdings company servicing the legal Cannabis, Hemp, and CBD markets, is committed to being the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry. mCig, Inc. has transitioned from a vaporizer manufacturer to an industry leading, large scale, full service cannabis cultivation construction company with its Grow Contractors division currently operating in the rapidly expanding the Nevada market.

Beyond this endeavor, mCig has recently entered the techspace to satisfy its evolving role in technology and increased growth. Its technology division employs a world renowned tech team specializing in core product development areas ranging from enterprise infrastructure to low-level system applications, delivering cutting-edge solutions that leverage years of experience into robust end products with high availability and scalability.

The company looks forward to growing its core competencies to service the ancillary legal Cannabis, Hemp and CBD markets, with broader expansion to take place once federal laws change. With over seventy five years of experience combined between the key players that make up the Cannabis Grow Contractors Division, mCig Inc. is proud to work with Cannabis Industry leaders and provide broad and rounded solutions for legal growers nationwide.

For more information visit our websites:
www.mciggroup.com
www.growcontractors.com
www.tueroprocessing.com
www.cannabizsupply.com
www.420jobsearch.com
www.vitaciggroup.com
www.weedistry.com
www.420cloud.com
www.vitacbd.com
www.cbd.biz

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 US Legal Pot Nationwide The fight over legal pot in the U.S. is one that is being held on multiple fronts. From states legalizing marijuana both for recreational and medicinal use to a push for nationwide legislation,

Marijuana Stocks: The U.S. Just Got One Step Closer to  US Legal Pot Nationwide

Marijuana Stocks: The U.S. Just Got One Step Closer to Legal Pot Nationwide

Legal Pot in the U.S.

 US Legal Pot Nationwide The fight over legal pot in the U.S. is one that is being held on multiple fronts. From states legalizing marijuana both for recreational and medicinal use to a push for nationwide legislation,

 US Legal Pot Nationwide The fight over legal pot in the U.S. is one that is being held on multiple fronts. From states legalizing marijuana both for recreational and medicinal use to a push for nationwide legislation, the political weed games being played are going to have a huge impact on the future of marijuana stocks and the marijuana stock market. But today, that future has never looked brighter.

Which is why today, when a U.S. senator proposed a bill that would legalize the drug nationally while also incentivizing the states to legalize as well, that’s big move forward for the marijuana industry.

You see, the thing about the marijuana market is that it’s currently shut out from some of the largest consumer bases in the world, including the U.S. While progress is being made with countries like Canada on the path to national legalization, that still only brings in a very small percentage of potential customers, limiting revenue and slowing growth.

Marijuana Stocks and the Future of Legal Weed

The moment the wind starts blowing towards full-blown legalization in the U.S., expect a huge boost to the marijuana stock market. While the majority of Americans support legal pot—a CBS News poll has the number as high as 61%—there has been little to no action towards such an outcome on the national level.

Senator Bernie Sanders (I-VT) proposed a rescheduling of marijuana in 2015, but since then, progress has been slow on the national level. That is, until Senator Corey Booker (D-NJ) proposed a bill that would not only legalize the drug, but actively incentivize the legalization of marijuana on the state level while also punishing states with the most draconian drug laws.

While the bill has absolutely no chance of passing, this is still very much a big deal and important to the marijuana stock market as a whole.

With the American people coming out strongly in favor of recreational marijuana being legalized, alongside success stories in states that have not only transitioned into legal pot but also reaped huge tax benefits as a result, moves like these are going to be the precursors towards eventual legalization, which I believe to be on the horizon for the U.S.



US Legal Pot Nationwide

 

Whether that horizon is two years away or ten years, that remains to be seen.

weed stock chart

 

What’s Next for Marijuana Stocks?

Besides the bill being put forward by Sen. Booker, there’s quite a bit of other news happening in the White House that could push marijuana stocks towards gains.

The biggest development has to do with Attorney General Jeff Sessions, who has been taking flak from President Donald Trump for his actions regarding the Russian collusion investigation.

If Sessions is ousted (not exactly a rarity in this administration), then his replacement could very well be more positive on marijuana, which would ease the way towards more friendly dealings from the federal government, or at least a return to the laissez-faire attitude of the Obama White House.

 

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 Cannabix Technologies Inc. eveloper of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace,

Cannabix Technologies Develops Beta 3.0 Marijuana Breathalyzer and Provides Update

Cannabix Technologies Develops Beta 3.0 Marijuana Breathalyzer and Provides Update

 

The Cannabix Marijuana Breathalyzer is being developed to give law enforcement and employers a tool to enforce public safety

 

 Cannabix Technologies Inc. eveloper of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace,

FOREX INVESTORS BUZZ  PRESS RELEASE  Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company or Cannabix”) developer of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace, is pleased to announce that it has developed a “Beta 3.0” (Cannabix Marijuana Breathalyzer) device based on its FAIMS- (field asymmetric waveform ion mobility spectrometry) technology with major advances in the design and commercial capabilities of the device.  The Beta 3.0 will include a conventional rechargeable battery, improved ion flow, the latest pulse driver chips to improve resolution and sensitivity. The new design includes improvements that will allow for dynamic testing and for easier configurability that will be needed for more demanding test/user environments.

The Beta 3.0 device will also include a specialized flow-through heat exchanger technology that stabilizes breath temperature in cold as well as humid temperature settings and allows for breath testing in all temperature conditions. The new device includes improved dielectric barrier discharge ionization source and high-voltage square wave generator which has been given superior voltage shielding. The Beta 3.0 device incorporates real time breath analysis for concentrations of O2, CO2, humidity, temperature and flow-rate which will allow for key metrics for real-time detection of delta-9-tetrahydrocannabinol (“THC”) in human breath.



Cannabix Technologies

 

Testing update and Establishment of British Columbia Testing Laboratory

Cannabix has been developing its FAIMS based Cannabix Marijuana Breathalyzer for the detection of THC through exhaled breath and continues testing its devices in British Columbia and Florida for sensitivity and consistency of results for Evidential Breath testing purposes.

Recent testing with the Cannabix Marijuana Breathalyzer Beta 2.0 prototype device with human subjects after smoking THC cigarettes demonstrated the successful identification of THC in relation to the subject’s background matrix in real-time. (THC being the psychoactive component of marijuana).  In addition to THC, several metabolites were identified in the breath of the human subjects including 11-hydroxy-delta-9-tetrahydrocannabinol and delta-9-carboxy-tetrahydrocannabinol, the results were confirmed by mass spectrometry after the inhalation of cannabis.

The Company has substantially increased its testing capabilities with investment in a state-of-the art lab space in Vancouver, B.C., purchase of Thermo Scientific mass spectrometer and related equipment.  Cannabix has also added to its technical team with the addition of Dr. David Hasman who is an expert in the field of toxicology and forensic science as well the operation of mass spectrometer based testing devices.

Furthermore, the Company is in discussions to collaborate, using the Cannabix Marijuana Breathalyzer, with a significant U.S. based institution with large user group and enhanced testing environment.

About Cannabix Technologies Inc

Cannabix Technologies Inc. is a leader in marijuana breathalyzer development for law enforcement and the workplace. Cannabix has established breath testing technologies in the pursuit of bringing durable, portable hand-held tools to market to enhance detection of marijuana impaired driving offences on roads at a time when marijuana is becoming legal in many global jurisdictions. Cannabix is working to develop drug-testing devices that will detect THC- the psychoactive component of marijuana that causes intoxication- using breath samples. In particular, Cannabix is focused on developing breath testing devices for detection of recent use of THC, in contrast to urine testing for THC metabolite that requires an invasive collection and reflects use days or even weeks earlier. The devices will also be useful for other practical applications such as testing employees in the workplace where intoxication by THC can be hazardous.

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Marijuana Laws  One thing that the administration of President Donald Trump can never be accused of is being boring. But beneath all the late-night tweet storms, investigations, and profanity

What’s Next for Marijuana Laws and Marijuana Stocks

Marijuana Laws Intrigue Intensifies

Marijuana Laws  One thing that the administration of President Donald Trump can never be accused of is being boring. But beneath all the late-night tweet storms, investigations, and profanity

Marijuana Laws  One thing that the administration of President Donald Trump can never be accused of is being boring. But beneath all the late-night tweet storms, investigations, and profanity-laced interviews delivered by senior staff, laws are still being passed and the wheels of government are still turning. A huge development in marijuana laws recently took place, and not a whole of people noticed, which is fair enough considering all the juicy distractions. But for those of us who are interested in the marijuana stock market, it’s important to keep track of these things.

The law in question was an amendment to the 2018 Commerce, Justice and Science appropriations bill that prohibits the Justice Department from using funds to prevent states from “implementing their own state laws that authorize the use, distribution, possession or cultivation of medical marijuana.” (Source: “Senate panel advances measure to protect medical marijuana states,” The Hill, July 27, 2017.)



Marijuana Laws

 

Remember that marijuana is in a very precarious legal situation in the U.S. While many states have legalized medicinal use and some have even included recreational pot, the federal government still classifies all marijuana as illegal. Furthermore, through a rule known as preemption, the federal government technically has the right to go into states and enforce its law, superseding state law.

Setting all the politics aside, what’s important for marijuana stock market bulls is that Sessions may be on the way out. After all, Trump has seen many of his more prominent higher-ups resign over less.

Of course, it’s only speculation at this point, but rumors have been swirling that Sessions is nearing the end of his tenure at the White House. And that would most likely be good news for marijuana laws.

While it’s entirely possible that the next attorney general that would replace Sessions could be just as bad for marijuana, if not worse, there’s also a good chance that we’ll get someone less dogmatic on the issues.

So while you never really want to wish ill for people, Sessions’s removal would most likely be a boon to the marijuana stock market. Whether he’ll be removed is another matter entirely, especially considering he was one of Trump’s earliest political supporters.

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Marijuana Real Estate With excitement bubbling over the growth potential in the marijuana stock market, investors are keen on which pot stocks

Marijuana Real Estate: The Most Exciting Marijuana Stocks That Don’t Sell Marijuana

Marijuana Real Estate

Marijuana Real Estate With excitement bubbling over the growth potential in the marijuana stock market, investors are keen on which pot stocks

Marijuana Real Estate With excitement bubbling over the growth potential in the marijuana stock market, investors are keen on which pot stocks are the best to ride that wave of hype into comfortable returns. But as the industry grows, so too will the options presented to investors who are bullish on weed. For instance, what’s good for Tesla Inc (NASDAQ:(TSLA) will also be good for lithium mining companies. They are linked industries, after all. The same applies to a new scaffold industry that is developing around the marijuana stock market: marijuana real estate.

Marijuana real estate refers to the need many of these pot companies have, which is to find enough land to produce copious amounts of weed in order to satisfy customer demand.

Marijuana Laws

One of the reasons that marijuana real estate is in such an interesting position is because pot, as we all know, is in a precarious legal situation itself.

The federal government, spearheaded by U.S. Attorney General Jeff Sessions, has consistently laid out its vision for marijuana—harsher crackdowns and more federal involvement in drug enforcement.

Whereas the Obama administration took a laissez-faire attitude towards states that pass legislation regulating recreational pot, the Trump White House has made it clear that it intends to be more hands-on with pot…and not in a good way.

The first-ever cannabis real estate investment trust went public in October and has been testing the waters in the marijuana stock market.

 



Marijuana Real Estate

 

marijuana stock market chart

 

The company, Innovative Industrial Properties Inc (NYSE:(IIPR), went public in October and has a focus on buying properties of specialized industrial medical cannabis facilities. The idea being that the purchase will imbue cannabis producers with much-needed capital while the REIT can in turn offer lease-back deals so they don’t lose the land.

Marijuana REIT, IIPR Stock, and the Marijuana Stock Market

So has IIPR stock been a roaring success? Not exactly.

The company came in at just about the worst time in the marijuana stock market, getting hit by the downturn as many proclaimed the pot bubble had burst. The stock is down about nine percent since it went public, hardly a great return on investment, especially considering the strength of the stock market in so many other areas.

What we’re looking at here instead is a proof-of-concept test. If IIPR can bounce back, and if you believe that the marijuana market will rise again, then it stands to reason that IIPR stock will follow. In that case, we’re looking at a pioneer in a novel industry with a novel business model.

 

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