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When is the Right Time to Invest in Cannabis Stocks?

The cannabis stocks have off late created a lot of buzz in the stock market, for all the good reasons of course. The industry is expected to reach a whopping $21.6 billion by 2021, according to ArcView Market Research. Despite its illegal nature in the eyes of the Federal Government, it is successful in inviting a lot of market attention. Investors are optimistic about the future of the industry, and hence, a lot of new investors want to try their hands on this business. The legalization of cannabis in Canada has just added more to this optimistic outlook. While the cannabis industry is still in its infant stages, one can get on the ride to benefit out of its potential boom and busts.

However, is it the correct time to invest in these stocks or shall we wait for the best time? To be honest, there is no right time to invest as such. Furthermore, before deciding whether to go ahead with the investment or not, one must rely on valid company documents and proper market study. Taking the right decision with the right sources available is extremely important. To help you out with this decision, let’s analyze the pros and cons of investing in cannabis stocks.

 

Advantages

  • Owing to federal regulations, banks may not easily provide capital to the cannabis ventures. This is an opportunity for the stock market to take the lead and make the most money out of it.
  • As more and more countries legalize cannabis, the effective losses in the home country are compensated by investing overseas.
  • Cannabis could be safely considered a recession-proof commodity, given its inelastic demand.
  • Apart from having economic benefits, cannabis also has various medicinal values which help in creating numerous revenue streams.

 

Disadvantages

  • As the cannabis stocks are traded in OTC exchanges, so it could be difficult to obtain sufficient information in order to make a wise investment decision.
  • Although cannabis is illegal federally, the government still taxes you on the revenues generated which are as high as 70 percent (compared to current 21 percent corporation tax).
  • Without proper regulation, these stocks may also be targeted by fraudsters who lure the potential investors with false and misleading statements.
  • As the cannabis market is thoroughly fragmented, each country has their own set of regulations to be followed. This makes trading difficult for the investors.
  • As banks don’t get involved in this business, transactions are settled mainly in cash, making it vulnerable to frauds.

No investment in this world is considered risk-free. After all, the risk is the driving force behind making more money by investing little money. However, deciding in which stock to invest in and when a significant role plays in the future flow of income. One must take into account the various potential risks and weigh them with the potential risk rewards while deciding their portfolio. Only then, can we essentially reap the benefits of a right booming market, as in the case of cannabis.

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What are the Best Shatters by Phyto Extractions

When you are new into the world of concentrates, finding a reliable producer may be a daunting task but it’s also the most important one. The method through which extracts are produced and the quality standard maintained by the producer has a huge impact on the quality of strains. So, if you are looking for a genuine Canadian producer to buy extracts online then a safe option would be Phyto Extractions.

With more than 20 years of experience in the industry, the Phyto Extractions Team ensures that the finest quality buds from the best growers in British Columbia’s go into the production process. They have been awarded with the Karma Cup 2015 for their Kushberry CO2 extract under the category of Top Vaped Extract Champions.

Here are some of the top shatters by the company that will give you the experience of authentic quality:

LSD Shatter

This is a psychoactive concentrate produced by the company, and it has been named after the well-known psychedelic drug LSD that is capable of giving you a cerebral high. This hybrid strain is a cross between Mazar and different skunk varieties. Although it’s not recommended for the new growers, it’s extremely easy to maintain and can be grown both indoors and outdoors. It usually has a longer flowering period, (65 to 78 days) allowing a larger harvest.

LSD is known to have THC levels up to 24% and the CBD level is on the lower scale. It is known for giving you a rush of euphoria and happiness, which is great for those experiencing stress, anxiety and depression. It induces a creative spirit and renewed energy in users, making them interested in painting, art, and engineering.

Amnesia Haze Shatter

This is a classic strain that can be used to give a perfect start to your day. Phyto makes it possible to deliver high quality shatter from this flower. This is basically a Sativa dominant hybrid that comes with well-documented roots. It is derived from a cross of Haze with different strains like Afghani, Hawaii, and Thai. Contrary to the name of the extract, it actually gives you a good balance with a creative high.

The Amnesia Haze strain includes the best qualities of Indica and Sativa varieties, and most users experience an inspirational and thoughtful experience. It works great for patients suffering from stress, anxiety, and depression. It is also useful for those suffering from migraines or chronic aches.

Grand Daddy Purple Shatter

This is a well-known indica cross between the Big Bud and Purple Urkle. It comes with a nice grape and berry aroma that intoxicate the senses. The psychoactive effects are clearly evident in the mind and body of users, as it delivers a combination of physical relaxation and cerebral high. The growers benefit from huge commercial yields that are usually ready for harvest after an indoor flowering period of 60-days.Similar to other heavy indica varieties, Grand Daddy Purple is used to treat stress, pain, loss of appetite, insomnia, and muscle spasms.

Northern Lights Shatter

Yet another popular strain from the family of Phyto Extractions, Northern Lights is one of the most popular strains of all time. It is a pure indica that is characterized by resilience, resinous buds, and a fast flowering period during the growth. As a descendant of Thailandrace and Afghani strains, Northern Lights gives rise to famous hybrids such as Super Silver Haze and Shiva Skunk.

Northern Lights is known for their typical crystal-coated buds that radiate a sweet, spicy, and pungent aroma. The psychoactive effects of the strains can be felt throughout the body and in the mind. Users are known to experience relief from pain, anxiety, sleeplessness, and depression.

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Facts on How to Build a Marijuana Business in Canada

If you want to build a marijuana business in Canada, it is possible because it is one of those few countries where growing and selling marijuana is absolutely legal as long as you have a federal license. This means any individual or a business entity can build a marijuana business with proper licensing. However, using marijuana for medical use is not the same as recreational use. While medical marijuana has been legalized in Canada, the recreational use of the same is still considered illegal.

The bill for the federal legislation of recreational marijuana has been proposed but it has not been passed yet. After this bill is passed, the use of both medical and recreational marijuana will be legalized in the country. People will be able to grow and sell marijuana without any legal fears.

To build a marijuana business in Canada, you will need to consult with the lawyers, accountants, tax experts and other public officials in the country. Whether you are seeking to grow cannabis for personal use or for commercial sales, you would need to consult with laws professionals in Canada. You need toget the required license from Access to Cannabis for Medical Purposes Regulation (ACMPR) program

After obtaining the license, you may either grow cannabis at home or cultivate them in a commercial space. Distribution or sale of marijuana can be done at the dispensaries or compassion clubs. Although cannabis is legal in Canada, it is interesting that dispensaries and clubs are not. They fall under the grey areas of the law, hence you need to be careful.

Settings Up A Marijuana Dispensary

There are numerous dispensaries spread across the different states from where people can buy medical marijuana. Although dispensaries are not legal, the law makers do not prosecute them as they have many supporters in the public. You can find medical marijuana dispensaries in Vancouver, Victoria, and British Columbia areas.

Most of these dispensaries will have a storefront or reception where they can attend the patients.  The stores are stocked with a variety of marijuana products. The patients or their care givers usually come with a prescription and the medical marijuana is provided based on the prescription. The dispensaries will not sell marijuana to minors or unqualified people. They operate in a serious manner and have a highly professional approach.

The compassion clubs are different from the marijuana dispensaries. While the later is a for-profit entity, the former is a non-profit body, which is better known as health-related societies. Just like the dispensaries, the compassion clubs are also not legal but they still operate in various parts of the country.

As of now, the federal laws related to growing and selling of cannabis are not very clear. Although the use of medical marijuana is legalized, the law makers still need to work on the licensing and regulations so that people can get proper licensing and do business responsibly.

Where To Get A License For Growing And Selling Cannabis

If you would like to build a marijuana business then you must apply for a commercial license to grow, sell and distribute cannabis. The industry is regulated by the Access to Cannabis for Medical Purposes Regulations (ACMPR). Please read the regulations regarding security measures, record-keeping, and quality assurance carefully. There are some specific rules about advertising a dispensary and promoting products, so learn in depth about the law before getting into the business.