Epilepsy Talk

Marijuana by the Numbers | October 16, 2018

The world is going cannabis crazy.

Canada is set to legalize recreational use of marijuana on Oct. 17.

And spending on recreational pot will surge to $32 billion globally by 2022 — triple its current size — U.S. Research firms Arcview Market Research and BDS Analytics say.

At least three Canadian pot companies have stock market values of more than $10 billion each.

And new companies are popping up by the day.

Yup. It’s turned into an investor’s market.

Coming soon to a neighborhood near you.

Now for the lingo:

There are two key chemical compounds found in marijuana, aka weed, dope, Mary Jane or countless other nicknames.

Only THC (tetrahydrocannabinol) gets you high, while CBD (cannabidiol)  is increasingly being used to treat medical conditions such as sleeplessness and anxiety .

These chemicals, collectively known as cannabinoids, are most potent in the cola — the flowers or buds at the top of plant.

There are three main types of plant. Indica, stout and bushy, is purported to produce a mellow high.

The taller sativa is said to give a more energetic lift. A hybrid may have features of each.

The essential oils that give a plant flavor like citrus or clove are terpenes.

Pot’s poor cousin, hemp, doesn’t get you high but does contain CBD and has long been used  to make clothing and rope and for other industrial purposes; it’s even sprinkled on cereal in the form of seeds.

 

For further information on the “business of weed,” go to:

https://www.bloomberg.com/news/articles/2018-10-12/a-crash-course-for-investors-on-the-lingo-of-legal-weed?cmpid=BBD101218_BIZ&utm_medium=email&utm_source=newsletter&utm_term=181012&utm_campaign=bloombergdaily

 

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14 Comments »

  1. Reminds me of the Dutch Tulip Crash! For those of you intending to invest in Marijuana stocks it is worth remembering that the top Canadian stocks were issued as “penny stocks” and have already gone up a 1,000% in some cases. In plain language if you haven’t already bought Canadian stocks it is too late. However, you can still buy shares in companies with an emphasis on pharmaceutical commercialization rather than recreational use and hold them long term.

    I found this interesting:

    https://invest.ameritrade.com/grid/p/site#r=jPage/https://research.ameritrade.com/grid/wwws/research/stocks/news/article?c_name=invest_VENDOR&docKey=1-SN20181016011663-2UC4SLE8K2DPUP4QJJCSDM3GU0

    My own interest in this subject started about seven months ago when I was approved for Medical Marijuana for Chronic pain. Sadly the side effects of THC (per vape) made me give it up within a month but I may try again with THC free edibles. Happily the Canadian stock that I bought at that time did better!

    Liked by 1 person

    Comment by Michael H — October 16, 2018 @ 3:59 PM

    • What a great analogy, Michael.

      Who would have thought of the Dutch Tulip Crash?

      And buying those Canadian stocks for pennies? WOW!

      But seriously, I’m glad your physical stocks are catching up, too. 🙂

      P.S. You can only log onto Ameritrade with a password.

      Like

      Comment by Phylis Feiner Johnson — October 16, 2018 @ 4:20 PM

  2. My neurologist won’t prescribe it even though medical marijuana is legal in Iowa. I’ll bring it up when I go to the epilepsy center in Iowa City in December.

    Liked by 1 person

    Comment by Sandy — October 16, 2018 @ 4:42 PM

  3. Phylis. Great article. But, this site is devoted to those who deal with epilepsy, myself included. I’m sure you’re aware, although it wasn’t specifically mentioned in your article, that marijuana is now being “okayed” by some neurologists as a helpful assist to those dealing with epilepsy. My personal neurologist has not, nor would I do it if he had. Still, I do know that it’s happening. Maybe it really helps some. I’ll never know as I chose to not take that direction. No doubt about in my mind, my fantastic neurologist (which took me years to find) would not want me to take a maybe so/maybe no approach. I chose to go with the latest technology (RNS implant), which did include a fairly scary surgery, but, since the surgery, I’ve been seizure free two and one-half years!

    Liked by 1 person

    Comment by Pam Phillips — October 16, 2018 @ 9:44 PM

    • GOOD FOR YOU!

      I don’t know if you’ve read this article or not:

      Responsive Neurostimulation (RNS) Shown to Reduce “Untreatable” Seizures

      https://epilepsytalk.com/2017/01/12/responsive-neurostimulation-rns-shown-to-reduce-untreatable-seizures/

      I remain neutral on the pros and cons of marijuana.

      But I feel it’s a viable option that must be addressed.

      Epilepsy Talk is a website of “News and Views” and some might agree or disagree with me.

      But who am I to question what works for one and doesn’t work for another?

      Or one’s personal choice?

      I respect everyone’s point of view, whether it’s mine or not.

      That’s what this website is all about.

      To educate and advocate.

      And I think the RNS is a wonderful solution.

      One that I would probably choose if my epilepsy wasn’t so well controlled.

      Like

      Comment by Phylis Feiner Johnson — October 16, 2018 @ 10:46 PM

  4. Interesting to note that the economic power of Capitalism, the chains between “supply & demand” shaking & shaping the global stock markets all over the world are far more powerful than the moral characters & political empires of the day.
    Let’s hope these entrepreneurial storm will come to rescue those who’ve been deprived of medical remedy to their chronic needs as much as rewarding the investors who risked their hard earned good money, investing in the supply of the needs & demands of those who can benefit from the product the most.
    Gerrie

    Liked by 1 person

    Comment by BahreNegash Eritrea — October 16, 2018 @ 11:16 PM

  5. Looks like all my holidays over the next year will be in Canada.
    Will be the place to visit better than Uruguay I guess who were the first country to legalise it ( no disrespect intended )

    Hopefully they will allow tourists to use it ?

    On a serious note though, the only concern I would have and this is for medicinal purposes I would take it would be how they can guarantee the same strength/make of an epilepsy drug.

    We all know the issues surrounding generic Vs non generic AED’S and the difference they cause, how will they overcome this with cannabis?

    Liked by 1 person

    Comment by Mark — October 17, 2018 @ 4:55 AM

    • I think your medical records are carefully looked into and there’s an in-depth interview in legal dispensaries.

      As for the AEDs vs. generic, pertaining to medical marijuana, that is the question of the hour.

      Like

      Comment by Phylis Feiner Johnson — October 17, 2018 @ 8:39 AM

  6. I see it as the Prohibition era, liquor illegal so all those bad gangs and violence,. maybe now it’s under government control and legal those gangs will disappear like the old ones

    Liked by 1 person

    Comment by Gail Barry — October 19, 2018 @ 3:41 AM

  7. My daughter who suffers from seizures has been trying CBD oil for the third month and we seem to be having great results.
    I am in Jamaica and we can get it here.

    Like

    Comment by Angie — October 23, 2018 @ 1:11 PM

  8. Great news to hear, Angie!

    Like

    Comment by Phylis Feiner Johnson — October 23, 2018 @ 1:16 PM


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    About the author

    Phylis Feiner Johnson

    Phylis Feiner Johnson

    I've been a professional copywriter for over 35 years. I also had epilepsy for decades. My mission is advocacy; to increase education, awareness and funding for epilepsy research. Together, we can make a huge difference. If not changing the world, at least helping each other, with wisdom, compassion and sharing.

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