The 7th Trillion Dollar Company?

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

Medical Marijuana For All: Minnesota Empowers Patients And Doctors To Determine Eligibility

Maureen Meehan
July 01, 2024

In a significant shift in Minnesota’s approach to medical cannabis, the state legislation now empowers physicians to have the final say in recommending cannabis, rendering the previously stringent list of qualifying medical conditions essentially obsolete.

As of July 1, 2024, the change allows for a more flexible approach, aligning with the growing acceptance of marijuana’s medical benefits.

“It just doesn’t fit anymore to have one of the nation’s most restrictive lists of qualifying conditions,” said state Sen. Lindsey Port (D), a key proponent of the legislation. “We want to make sure, if they have a condition that cannabis can help, that their doctor can help them find the right kind of cannabis. With the legal market open, there is really no reason to limit what doctors can prescribe because folks will be able to go out there and get anything.”

In addition to marking a pivotal moment in Minnesota’s cannabis policy, noted the Star Tribune, which first reported this story, the new approach could potentially set a precedent for other states that are grappling with the medical versus recreational cannabis debate.

Minnesota became the 23rd state to legalize recreational marijuana and home cultivation in May 2023.

Bottom Line

Under the new law, Minnesotans will no longer be required to undergo the cumbersome annual process to petition for the inclusion of new medical conditions. All conditions are acceptable if their doctors recommend it. However, petitions for new methods of consumption like gummies and smokeable forms will still be considered.

The legislation also permits the cultivation of up to eight cannabis plants by individuals authorized by a doctor or those caring for medical marijuana patients.

Read Also: ‘Millions Are Using Cannabis Yet Only 18 Labs Are Studying It,’ Says Johns Hopkins Scientist

Despite the green light for home cultivation, experience from other states suggests that few people might opt for this route as recreational cannabis use and availability gain ground. Port, however, noted it was important to maintain a medical cannabis framework, particularly for minors who benefit from its therapeutic properties but are ineligible to access recreational cannabis.

“If we’re not thoughtful about how we do it, the recreational market can put the medical market out of necessity,” Port said.

Minnesota's medical cannabis program, which got underway in 2015, originally included only eight conditions. This list expanded over the years to 19, driven by mounting evidence of cannabis’s efficacy in treating diverse ailments such as intractable pain and PTSD. The program’s enrollment ballooned from 18,000 in 2019 to 48,000 participants, spurred further by the introduction of a recreational marketplace.

Read Next:
• Hand In Hand: Progressive Reform Galvanizes Interest In Microdosing, New Study Shows

To keep on top of what is happening with medical marijuana as well as cannabis research and innovation, join us at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. Get your tickets now before prices go up by following this link.

Photo: Benzinga edit with images from BestStockFoto on Shutterstock

Continue Reading...

Popular

Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year

China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

The Election Shock Nobody Expected... (But You'll See it Coming) - Ad

It comes down to just 9 words... Nine simple words which when spoken, will determine the outcome of the 2024 election... These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Michael Dell Says Generative AI Tech Wave Sweeping In Much Faster Than Early Internet: 'It's Happening Maybe 10 Times Faster'

Michael Dell, CEO of Dell Inc., compared the rise of generative AI to major technological advancements like the internet, noting its rapid adoption and significant impact on the global market.

Big Tech Is Spending Billions Each Month on This AI Superproject - Ad

Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.

Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets

Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.

Blundering Biden OUT As Dem Nominee? - Ad

Biden's days are numbered! According to a former CIA and Pentagon insider... Biden's about to drop out of the presidential race by August 19! He also reveals Biden's replacement candidate... A guy the Democrats think could actually beat Trump in November.

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad

Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.

Elon Musk Responds To Vivek Ramaswamy As To Who's Running The Country After Trump-Biden Debate: 'Maybe Nobody'

Tesla Inc. CEO Elon Musk gave a cryptic response to a comment from former GOP candidate Vivek Ramaswamy about who's actually running the country.

Judge overseeing NFL 'Sunday Ticket' trial voices frustrations over the case

LOS ANGELES (AP) — The federal judge presiding over the filed by “Sunday Ticket” subscribers against the NFL voiced frustrations Tuesday with the way the plaintiffs' attorneys have handled their side of the case.

Dem Election Plot To Create "Chaos Rally" Phenomenon? - Ad

A former CIA insider now predicts Biden dropping out August 19th... Will create the rare Chaos Rally profit opportunity... that could "turn the tables" on the Dem election plot to potentially collect huge financial gains. This kind of wealth-building event has only happened 3 times in American history.

What's Going On With Archer Aviation Stock?

Archer Aviation shares are trading higher Friday. The company announced a planned air mobility network in the San Francisco Bay Area on Thursday. Here's a look at what to know:

Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition

The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership

TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.

E-commerce's Ascent Stalls As One Sub-Segment Grows By Over 100%: Report

COVID-19 accelerated shift to online shopping, with luxury, cosmetics & fashion seeing growth. Inflation affected e-commerce, but Temu & Olive Young thrived. BTS & Korean culture drove popularity.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Before his summit with North Korea's Kim, Putin vows they'll beat sanctions together

SEOUL, South Korea (AP) — Russian President Vladimir Putin thanked North Korea for supporting his actions in Ukraine and said their countries will cooperate closely to overcome U.S.-led sanctions as he headed to Pyongyang on Tuesday for a summit with North Korean leader Kim Jong Un.

Nagging Feeling That Something Is Off in America? - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

Chinese premier focuses on critical minerals and clean energy during Australian visit

MELBOURNE, Australia (AP) — Chinese Premier ends his Australian tour on Tuesday in the west coast city of Perth where he will focus on China’s investment in critical minerals and clean energy.

Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon

Snowline Gold Corp announces highly anticipated initial assessment for Valley deposit in Yukon Territory, Canada, with significant potential for growth and future development.

The Presidential Candidate You Should Really Be Worried About - Ad

Most Americans are overlooking the seemingly impossible candidate that should worry you. It's not Biden... Trump... Newsom... or even Michelle. It's someone even worse. New evidence of a secret plan indicates he could soon return, and finish what he started.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Adidas is investigating allegations of embezzlement and bribery in China, according to news reports

HONG KONG (AP) — Athletic apparel company has launched an investigation into allegations of “compliance violations” in China after receiving an anonymous letter earlier this month accusing local executives of embezzling “millions of euros,” according to news reports.

Biden Out By August 19? - Ad

A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.

TikTok Tunes? Social Media Platform Has A Music M&A Team In The Works

TikTok has plans for a new Music Content Investment Team focused on global rights acquisitions and partnerships.

UPS agrees to sell its freight-brokerage division for less than it paid for the business in 2015

ATLANTA (AP) — United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its core package-delivery business.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Bitcoin Fails To Get A Mention In The Fiery Trump-Biden Presidential Debate, Coins Themed Around The Two Tumble

The first 2024 presidential debate between incumbent Joe Biden and challenger Donald Trump turned out to be a dampener for cryptocurrency enthusiasts, with no mention of Bitcoin (CRYPTO: BTC) or significant policy issues surrounding what many anticipated to be a key election to

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service