Cannabis, United States, Marijuana discussed on Stansberry Investor Hour


So I I think that's a just a great data point out there from a global perspective. But you know, you're seeing similar stuff and obviously in the Netherlands Australia. Poland South America, Uruguay, an a number a number of places. So yeah, it's not not not just a a US states thing. Fact, I would argue the states is kind of the the United States is is behind the curve, relative to all those other places, you know, but, but but the, but the traction is there, in fact, the one thing I'm just thinking about now that since you mentioned kind of the conflict between federal government in the state. I think there's also conflict within the federal government self, and there's kind of two there's two things actually I'd point to that happened last year that I think are very interesting. We had the FDA approve a drug called EPA dialects EPA dialects is a very effective treatment for two rare forms of epilepsy. Epa dialects is a cannabis derived medication. Now, why is that important will the FDA is a federal agency that's approving a drug derived from cannabis right? But the federal govern also says that cannabis is illegal. It's schedule one or Khattak. That there is some significant policy conflict. And I think that that conflict is driving the discussion at the federal level to rethink cannabis or at least get to the point where the states that have already done so start to make policy and move in that direction. So I thought the approval of epidemics was a really critical data point to consider not just for the, you know, the company that makes it or, you know, the biotech industry, but for, you know, really, much of broader implications than that. I mean, the other thing I'd point to which I think is equally as important as the twenty eighteen farm Bill now, the farm Bill is a a piece of federal legislation that gets updated every three or four years, and it basically is the government's kind of policy stance towards the nation's agricultural industry and the farm Bill in two thousand eighteen basically kicked the door wide open for. The cultivation of hemp and hemp is a cannabis plant up until now there was a handful of states that were experimenting with growing him. But now hemp versus marijuana. It's like it's like flip flopped. I mean at the at the federal level hemp is is legal now and some states actually have more stringent restrict more stringent regulations, you know, versus like marijuana, which is illegal to federal level. But you know, states are legalizing and coming up with new things for it. So that to me also, you know, the farm Bill legalising hemp cultivation again is is significant policy conflict at the federal level. Which to me suggests the discussion is moving forward where the United States is eventually going to loosen restrictions on how it classifies cannabis. That's pretty cool. So. Yeah. So let's talk about this. This new research service that you guys are starting up here. And it's it's called the cannabis capitalist. Is that right? Correct. Okay. It just right off the tongue. Right. It certainly does. And and so how often are you going to publish this thing?.

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