{"id":2165,"date":"2018-01-11T18:12:43","date_gmt":"2018-01-11T18:12:43","guid":{"rendered":"https:\/\/www.medicalmarijuanainc.com\/?p=34150"},"modified":"2018-01-11T18:12:43","modified_gmt":"2018-01-11T18:12:43","slug":"medical-marijuana-featured-entrepreneur-report-cole-memo-rescission","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2018\/01\/11\/medical-marijuana-featured-entrepreneur-report-cole-memo-rescission\/","title":{"rendered":"Medical Marijuana, Inc. CEO Dr. Stuart Titus Featured in Entrepreneur Report on Cole Memo Rescission"},"content":{"rendered":"
MJNA President and CEO discussed cannabis investment opportunities illuminated by Attorney General Jeff Sessions\u2019 rescission of state-legal marijuana protections.<\/span><\/i><\/p>\n Dr. Stuart Titus, President and CEO of Medical Marijuana, Inc., was featured in an article published recently by <\/span>Entrepreneur<\/span><\/i>.<\/span><\/p>\n The national business publication\u2019s report, titled \u201cWhy Jeff Sessions\u2019 New War on Marijuana Hasn\u2019t Frightened Investors or Cannabis Entrepreneurs,\u201d investigates the potential market impact of United States Attorney General Jeff Sessions\u2019 recent<\/span> rescission of the Cole Memo<\/span><\/a>, a federal policy that protected state-legal marijuana. The move allows federal prosecutors and law enforcement to interfere with state-legal adult use marijuana operations.<\/span><\/p>\n While the new federal policy has created angst in some within the cannabis industry, according to the <\/span>Entrepreneur<\/span><\/i> article the market\u2019s response to the announcement \u201cinadvertently revealed just how entrenched the cannabis industry has already become.\u201d The piece explained that Sessions\u2019 announcement caused only a minor blip in cannabis investment activities before they quickly rebounded.<\/span><\/p>\n For the <\/span>Entrepreneur<\/span><\/i> article, contributor Andre Bourque interviewed various cannabis industry leaders, including Dr. Titus, executive of MJNA, the first publicly traded cannabis company in the United States.<\/span><\/p>\n In the article, Dr. Titus conveyed that periods of low stock prices offer a \u201cprime time\u201d opportunity for investors to get involved in the cannabis industry for the first time. He added that historically cannabis investors have benefitted from \u201c[buying] stocks when they are relatively out of favor (i.e. this week).\u201d<\/span><\/p>\n Further, Dr. Titus noted that the strong opposition to Sessions\u2019 new policy indicates that the country is moving closer to nationwide legalization of medical cannabis. Criticism of Sessions by advocates, business owners, and lawmakers \u2013 Democrats and Republicans — was<\/span> swift and widespread<\/span><\/a>.<\/span><\/p>\n In conclusion, the <\/span>Entrepreneur<\/span><\/i> article suggests that despite the Attorney General\u2019s new policy indicating an intention to resume federal enforcement of marijuana laws, there are various reasons for \u201cholding tight or even growing investment in U.S. cannabis stocks and companies.\u201d<\/span><\/p>\n Read the full article from <\/span>Entrepreneur<\/span><\/i> HERE<\/span><\/a>.<\/span><\/p>\n While MJNA supports the legalization of cannabis, the rescinding of the Cole Memo and the laws related to it in no way affect MJNA or its subsidiaries, which sell only cannabidiol (<\/span>CBD<\/span><\/a>) products derived from hemp. You can read the Company\u2019s official response to the new federal policy<\/span> HERE<\/span><\/a>.<\/span><\/p>\n You can learn more about<\/span> Medical Marijuana, Inc.<\/span><\/a> and its portfolio of companies by visiting our<\/span> news feed<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" MJNA President and CEO discussed cannabis investment opportunities illuminated by Attorney General Jeff Sessions\u2019 rescission of state-legal marijuana protections.<\/p>\n","protected":false},"author":1,"featured_media":1489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[162],"tags":[],"class_list":["post-2165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-coverage"],"yoast_head":"\nLearn More about MJNA<\/b><\/h2>\n