Cannabis

[satanoperca]

Well there you go, Canberra residents can be off their heads....legally, when a Private Member Bill is past in the ACT.

There will be no household limit on number of legal cannabis plants

Sharehouses in Canberra could be teeming with pot plants when cannabis is legalised next year, with no household limits on the number of plants permissible.

The private members bill from Labor backbencher Michael Pettersson removes the possession of cannabis under 50g as an offence and allows individuals to cultivate up to four plants. More...

This thread needs to be split into two groups :
1. Cannabis to get high
2. Hemp for medicinal purposes as well as producing products

One does not grow hemp to get high, they grow it for clothing, paper and oil as well as to exact CBH oil for medicines

One grows cannabis to get high or to sell for great profits.

Try selling a bag of hemp to a smoker and see how far it gets you.

Amazed on this forum, that people cannot understand the difference, hence why hemp is illegal.

Like saying grape juice and wine are the same.

 

[Ann]

This thread needs to be split into two groups :
1. Cannabis to get high
2. Hemp for medicinal purposes as well as producing products

One does not grow hemp to get high, they grow it for clothing, paper and oil as well as to exact CBH oil for medicines

One grows cannabis to get high or to sell for great profits.

Try selling a bag of hemp to a smoker and see how far it gets you.

Amazed on this forum, that people cannot understand the difference, hence why hemp is illegal.

Like saying grape juice and wine are the same.

I think you are doing a fine job of educating those who don't know the difference satanoperca. I think most of us probably do know the difference, but it doesn't hurt to clarify the difference for the few who might put those very expensive hemp seeds into their smoothies and become disappointed with the lack of a high!

 

[So_Cynical]

This thread needs to be split into two groups :
1. Cannabis to get high
2. Hemp for medicinal purposes as well as producing products

THC has some medical uses, multiple sclerosis pain and anxiety relief, CBD, CBC, CBN have other uses, its early days for medical Cannabis, and we are yet to fully understand the interplay between these substances and others in Cannabis.

THC - https://en.wikipedia.org/wiki/Tetrahydrocannabinol
CBD - https://en.wikipedia.org/wiki/Cannabidiol
CBC - https://en.wikipedia.org/wiki/Cannabichromene
CBN - https://en.wikipedia.org/wiki/Cannabinol

 

[explod]

From our Greens discussions overnight.

 

[Ann]

Forget Elon Musk’s marijuana-smoking security-clearance troubles — just investing in cannabis stocks can cause you problems

Tesla TSLA, -0.38% and SpaceX founder Elon Musk is reportedly having his security clearance reviewed after smoking marijuana during a podcast, but he’s far from the only person whose government security clearance is threatened by a cannabis connection.


Federal employees and contractors who simply own stocks in cannabis-related companies could have problems maintaining the security clearance required to do their jobs, experts told MarketWatch.


In one case, a Department of Defense employee who listed his marijuana-related investments on a financial disclosure form during an annual security clearance check-up was told to get rid of the shares, said Timothy Maimone, a union officer with American Federation of Government Employees Council 170. More....

 

[Lantern]

How many are aware that it used to be illegal (USA & GB) NOT to grow hemp. It had a multitude of uses.
Anyway it's all here for any who can be bothered.
https://jackherer.com/emperor-3/
The interesting part is how it became illegal to possess it.
All it took was a couple of greedy Americans who's only motivation was to line their pockets. Hurst and Du-pont. Anyway it's all in the book.

 

[Ann]

How many are aware that it used to be illegal (USA & GB) NOT to grow hemp. It had a multitude of uses.
Anyway it's all here for any who can be bothered.
https://jackherer.com/emperor-3/
The interesting part is how it became illegal to possess it.
All it took was a couple of greedy Americans who's only motivation was to line their pockets. Hurst and Du-pont. Anyway it's all in the book.

You got me at the beginning of Chapter two Lantern!

A Brief Summary of the Uses of Hemp


If all fossil fuels and their derivatives, as well as trees for paper and construction were banned in order to save the planet, reverse the Greenhouse Effect and stop deforestation, then there is only one known annually renewable natural resource that is capable of providing the overall majority of the world’s paper and textiles; meeting all of the world’s transportation, industrial and home energy needs; simultaneously reducing pollution, rebuilding the soil, and cleaning the atmosphere all at the same time. That substance is the same one that did it all before, Cannabis Hemp … Marijuana!

 

[Lantern]

Well Ann no wonder they want it banned. If it could be grown for free how would the money moguls survive?
Hope you enjoy the rest of the book.

 

[satanoperca]

Well Ann no wonder they want it banned. If it could be grown for free how would the money moguls survive?
Hope you enjoy the rest of the book.

Lantern, couldnt agree with you more.

Why would a crop that has so many benefits to the planet and us human beings be banned/illegal?

How are we meant to respect our policy makers, when something as simple as hemp can be legalised for the production of paper, automotive oil, clothing and medicinal purposes?

How have we allowed the murray darling basin to be so f---kd up in the name of industry, when the industry itself is bankrupt, at the cost of the environment?

Why cannot we be a country of innovators? instead we bury our head in the sand and keep applying the same old rules over and over again, expecting something different?

When are people going to get more conviction and stand-up for what is morally correct for the country, environment and the people of this planet?

 

[Lantern]

When are people going to get more conviction and stand-up for what is morally correct for the country, environment and the people of this planet?

It does happen, in a lot of places actually. Trouble is when it does the participants are labeled as being all kinds of ratbags under the sun to discredit them. Plus the politicians use the police force to force the wishes of the money moguls over and above what should be common sense. Sometimes, just sometimes the so called ratbags have a win.



And don't forget the protestors who stood up to protect the Nightcap Range 40 years ago just got an award.

https://www.northernstar.com.au/news/the-battle-to-save-terania-creek-rainforest/2977253/#/0

 

[Ann]

Inside Australia’s first legal cannabis farm

AUSTRALIA'S first cannabis farms are expected to be providing medical marijuana by next year.


Medifarm, located in the Sunshine Coast, opened its doors to reporters recently to show the healthy plants in their facility.


"I know what this plant can do, my neighbour was cured," Medifarm master grower Steffen Kraushaar said. "So I dedicated my career to use cannabis under legal circumstances and it is really exciting now." More...

Sadly Medifarm is not a listed company.

 

[Ann]

Cannabis farm Ballina Shire: NSW farm to produce 50,000 kilos of Cannabis

https://www.dailytelegraph.com.au/...farm...cannabis...ballina.../7e6d10d4d7527e51883...
23 hours ago - A medical cannabis company is planning to build a 30,000sqm production and manufacturing site in the Ballina Shire. Ken Charteris, chief executive of Australian-founded company The Hydroponics Company, also known as THC Global, confirmed the plans for the company’s Northern ...

Can't get any more info than this as it is a subscription site but the company is ASX Listed THC Global - THC

 

[moXJO]

A few misconceptions in this thread.

First off there are three types of plants
Sativa, Indica and ruderalis. All of them will get you stoned. It depends on the strain (White widow, Super lemon haze, industrial hemp) for thc content.

THC of around 30% is where it maxes out at right now.
If you eat it, you can OD.

The majority of growers are mum and dads lower mid class. A guy I know owns a large hydro store chain. Knows his core market pretty well.
The bikers, vietnamese, Chinese were producing very bad quality that just doesn't cut it anymore.

The large overseas markets are trying to muscle in on the local market. I am not for big business/government taking over the market beyond medicinal.

Don't believe the snake oil hype about it being a cure all. It does help with aches and pains. Ive seen it slow the rate of cancer in terminal patients dramatically. Along with a lot of other things.
But its being hyped beyond what it can do by a certain group to push for legalization.

Hemp is a fantastic plant. Australia should be growing it everywhere.

 

[ABperth]

In 2018 ASX EXL (Elixinol) was and for the most part in 2019 still is the only profitable player in the ASX pot market- it’s going great guns and is number 3 in the world CBD market. ASX MMJ gets lots of promotion but no movement, most POT stocks have lost value. Whilst we may have recently witnessed the rebirth of an industry (only prohibited back in approx 1930’s) it’s early days. But then think of all the promo you see for early investors and huge 1000% gains. I like EXL and have made good money in 2019 on it. MMJ is cheap and they have an incredible portfolio of investments and based on any measure or even their own announcements this stock is undervalued. Only time will tell, but so far I’m well ahead. It feels good to get in early to a nascent industry. I wasn’t old enough to invest in the 1980’s stock that made retirements possible. I think CBD and THC products will do the same, big pharma is moving in, drink and tobacco industry already involved. Its a hot potato, but still I suggest you...

Grab some.

 

[moXJO]

I feel legalization is coming in the next few years. If NZ gets the go ahead first, then we should see stocks jump in preparation for Australia to follow suit.

 

[Ann]

Cann Group- CAN
Cann Group grows medicinal cannabis cultivation capacity, locks-in offtake agreement

 

[Ann]

This is a new Hemp IPO which is due to list on 29th March

Ecofibre - EOF $1.00 $20m Hemp Website

 

[Ann]

Disruptive healthcare company Impression Healthcare (ASX: IHL) has teamed up with Australia’s largest network of medical cannabis clinics, Cannvalate, to distribute cannabinoid (CBD) medicines and undertake four clinical trials, including a “first of its kind” study on the effects of CBD oil on traumatic brain injury. More...

 

[Ann]

Latest news from the US....

BlackRock Funds Invest in Pot Stock as Legalized Weed Gains

BlackRock Inc. funds are wading into the fast-growing cannabis industry as institutional investors grapple with betting on weed.Curaleaf Holdings Inc., the dispensary operator that announced plans Wednesday to sell its hemp-derived products in more than 800 CVS Health Corp. stores. With a market cap of about $2.3 billion, Curaleaf is the third-most valuable U.S. cannabis firm and has risen 45 percent this year through Wednesday. It runs 42 dispensaries in 12 states. More...

 

[Ann]

It hasn't happened yet but surely it must eventually.....

Cannabis Futures Contracts May Be Headed to an Exchange Near You

Pot will soon join corn, wheat and hogs on the agricultural futures markets -- if New Leaf Data Services LLC has its way.

The Stamford, Connecticut-based firm that tracks wholesale cannabis prices in Canada and the U.S. is in talks with a “globally recognized exchange” to start futures contracts, giving traders an opportunity to speculate on cannabis, Chief Executive Officer Jonathan Rubin said.


“2019 is going to be a pivotal year for the industry in terms of the involvement of the financial community,” he said in a telephone interview. Eventually, New Leaf wants to launch multiple contracts on multiple exchanges for both marijuana and hemp. More...