Get Involved And Invested In Legal Marijuana

legal marijuana sign

KnowHowToEarn.Com/Money

How To Get Involved And Invested In The Legal Marijuana Business

by Jamie Black

With at least 28 states in the USA currently legalizing medical marijuana, and several more states going one step further with legal recreational use, the cannabis business is booming. However, since the drug isn’t yet federally legal, there are still bureaucratic roadblocks for investors who are looking to go legit on the weed-equivalent of Wall Street.

One barrier that weed advocates, and entrepreneurs, encounter is the U.S. Drug Enforcement Administration’s (DEA) classification of the drug. Marijuana is classified as a Schedule I Drug, or “substances, or chemicals, defined as drugs with no currently accepted medical use, and a high potential for abuse”, according to the federal government. This groups weed together with more serious and dangerous drugs like LSD, Ecstasy, and Heroin.

However, the National Commission on Marijuana and Drug Abuse issued a series of reports concluding that marijuana was “a less serious threat to public health than a sensitive social issue, and they recommended changes to federal law that would permit citizens to possess a small amount of it, while still maintaining that the drug should not be legalized.”

The wrong classification of weed poses restrictions for patients in non-weed-friendly states who are seeking marijuana to treat serious illnesses. Its Schedule-I Title also puts a damper on investors’ plans: The Financial Industry Regulatory Authority (FINRA)—the chief regulator of Wall Street—blocked a S-1 filing from weed companies attempting to go public, and trade stock, until the drug is rescheduled.

Despite these challenges, the economic potential of the blossoming cannabis industry is still worthwhile. If you’re passionate, and willing to risk it all for a career and/or investment in weed, check out the answers to the questions below from Khadijah Adams, the founder and CEO of MIPR Holdings cannabis consulting company.

“Can you explain what “the green rush” is?”

The green rush is referred to as the beginning of recreational cannabis. Kind of like the Gold Rush where people discovered gold, where they came searching and seeking, or rushing to find it. Colorado legalized recreational cannabis on January 1st 2014, and that was the beginning of the green rush. I actually sold everything in my house, had a garage sale, kept my clothes and cell phone, my computer, loaded up my Mercedes, and hit the road.

“Tell us about the birth of your marijuana consulting company, MIPR Holdings.”

I met a couple of young ladies in the industry, and I reached out to them by phone, prior to coming to Colorado. They really encouraged me to just get involved in the community, to get to know the people, get to know the foundation, and to know how it all started. So, that’s what I began to do, because I didn’t know how I would fit in.

“What are some of the risks of investing in marijuana stock?”

One of the major big risks that most experts would point to is the fact that cannabis is still illegal, and the Feds can come in at any time to shut the whole program down. So, you’re taking a risk, whether you’re handling the actual plant, or not. That’s why we have educational classes which teach the basics. We invite people to come in, and get the information they need, before jumping into cannabis stocks, or any other investments.

We’re not financial advisers or brokers. I’m an investor, just like they are, but it’s always good to have someone else you can speak to, and ask them, is marijuana investing a good move or not?

“What’s a common misconception about the marijuana business?”

I tell people that I’m in the cannabis industry, and they automatically assume that I’m handling the plant, but the only time I’m touching the plant, is when I consume it myself. When you start investing in the cannabis industry, or cannabis stock, people assume that you’re actually investing in the plant. They don’t realize that this is an entire industry, which has an advertising company, a marketing company, and a PR company within the industry.

The common misconception is that everyone involved is a pothead and smoking weed, so the world’s going to end. I debunk that misconception through my overall good character. You have to lead by example. When you show people that you are not the “typical pothead” that they’ve pictured through propaganda and the media, they get a different perspective, and they are really shocked. They say, “Oh my god, really? You smoke cannabis, but you’re so professional!”

There’s a lot of closet marijuana professionals. I was in the closet for a long time, but times have changed. In the next two to ten years, I believe we’re going to see more positive changes in the industry.

“What is the best positive change that you foresee?”

Federal Legalization: I believe the cannabis industry will be legalized on the federal level. There will be families that will stand out, just like the Kennedys stood out when alcohol prohibition ended. Joseph Kennedy became the fifteenth wealthiest man in America. About 85% of his wealth came from alcohol, according to the New York Times, and other reputable media sources.

Many people will create generational wealth when federal marijuana legalization happens. It will be the people who take full advantage of this opportunity now, and maintain their timely positioning, who will profit and prosper the most.

“What advice would you give to someone looking to invest in the cannabis industry?”

I would tell them to buckle up, because they are in for the best financial ride of their lifetime. Marijuana is a brand new legalized industry which is still ascending. Get with like-minded individuals that are doing things, going places, and making things happen. Align yourself with the right people, and stay focused.

The money will come, but being able to be of service to people in the industry, and working to perfect your knowledge and motivation, is the key to success. Stay committed, because this industry is getting better every single day.

Before you invest in any marijuana company, get as much information about that company as possible. Find out if they are a legitimate company. Who’s the management team, who’s running the company? Look at the company’s finances, the balance sheet, the cash flow, the income statement, the shareholder’s equity. Look at all of that before making a decision. Call the nearby Chamber of Commerce, to find out if a particular company is legitimate, or not.

Also, get some background information on the company management. You could or should speak to a financial adviser before getting started, because most people really don’t know their financial investment needs. Many of us are new to this, and it’s because of cannabis that a lot of us are new to investing.

To get a proper start in this industry, remember that networking is the key. Mix and mingle with people, get to know them, and establish relationships, because you never know who they may know. In other words, as the old saying goes: “It’s not what you know, it’s who you know.” As a newcomer to this new industry, be mindful of your time. It’s valuable, and you can never get it back, so act accordingly.

I started MIPR Holdings, the Marijuana Investment and Private Retreat. We are a professional consulting service with a focus on investor relations. We help accredited investors, and connect them to investment opportunities in the industry. We work with the investors, and we connect investors to small and mid-sized companies, and to cannabis industry investment firms.

I want to educate people, and warn them about the risks of investing in this industry. I also want to remind people about the great possibilities of the marijuana industry, if you are patient, dedicated, and know how to make the right move, at the right time.

Note: (1) MIPR Holdings was acquired by C. E. Hutton in 2018. (2) Get daily updated cannabis and marijuana news.

I, Jamie Black, am a writer. I write various articles for my own website, and some other websites. You can contact me via email: [email protected]. In addition, you are welcome to visit us at one or more of these three sites: (1) https://topweedshop247.com/best-weed-blog-online/ and/or (2) https://legalonlinedocuments.com/blog/ and/or (3) https://www.zenspharma.com/blog/.

THE KNOW-HOW-TO-EARN OPPORTUNITY MARKETPLACE
If you are not a pro or a guru yet; here are some highly recommended
legitimate resources which could be helpful to you... (A) learn to earn
(B) build business (C) earn your cash back (D) easy surveys for you
(E) everything you need to run your business for free

[Your Support Of KnowHowToEarn.Com Is Valuable] (1) COMMENT On Any Post, And Some Pages... Your link will show in comments below... (2) SHARE This Informative Site On All Your Social Media. Your followers will truly appreciate you for that. (3) If You Enjoyed This Post; let us know above: (like) or below: (comment). We will create more of these same type future posts for you a-s-a-p. (4) SUBSCRIBE TO OUR NEWSLETTER (http://knowhowtoearn.com/subscribe), so we can keep you informed, or updated... (5) About-Us (https://knowhowtoearn.com/about-us) has all of the support info... (6) FYI: Every post and page on this site was either written, proofread, and/or edited (mildly/heavily) by [Andre/Admin].

Recent Or Related Posts...

"Use The Comment Form Below To Express-Your-Thoughts" -Admin