WednesdayMar 01, 2017 11:37 am

ChineseInvestors.com, Inc. (CIIX) Set to Capitalize On Growing Cannabis Industry

Cannabis has been used for thousands of years as a form of natural remedy. But, over time, the possession of marijuana was made illegal in many countries, until now. Most recently, a new movement has taken place whereby both the medical and recreational use of cannabis has been legalized across certain states in the U.S. and a number of countries. The marijuana industry is proving to be important in more ways than one, with Forbes stating that “A new report from New Frontier Data projects that by 2020 the legal cannabis market will create more than a quarter of a…

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WednesdayMar 01, 2017 8:30 am

“Greater Enforcement” of Federal Laws would have Mixed Impact in Cannabis Industry

The White House struck a chord with the marijuana industry last week when press secretary Sean Spicer said the Department of Justice is likely to enforce federal marijuana laws in states that have legalized recreational pot. While the prevailing mood is disappointment among the broader marijuana/cannabis industry, reactions and impacts are mixed among businesses like Singlepoint, Inc. (SING) (SING Profile), Medical Marijuana, Inc. (MJNA), Terra Tech Corp. (TRTC) and Marijuana Company of America Inc. (MCOA). SinglePoint, Inc. (SING) is building an acquisition-based cannabis business focused on high-potential targets that service the cannabis industry rather than those that deal directly with…

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