There was a time when alcohol was illegal, and today the biggest sponsors on the Super Bowl are alcohol companies.
Whether you agree with the legal marijuana issue or not, the reality is these dispensaries are making a lot of money!!
Even if GRNH does half of what Cannabis Science did over the Summer, the gains would be 400%!
Even you missed that chart in my first email here it is here: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cbise&sid=0&o_symb=cbise
GRNH just announced huge news last week, they have obtained conditional medical marijuana dispensary license in San Diego! Once approved GreenGro will obtain zoning permits and expects to begin operations within the next three months
GRNH is in a business that could expand pretty quickly in the coming years. Getting involved in a company early on that is involved in legal marijuana could mean huge profits!
Take a look at this special report on marijuana from CNBC: http://www.marijuana.cnbc.com
The report has said that most demand-based studies put the marijuana market at $10-$40 billion!
GRNH could become a monster player in the Golden State! California has made history by becoming the first state to legalize medicinal marijuana back in 1996.
Right now California is one of 14 states allowing some marijuana use for health reasons. 37,000 medical marijuana cards have been authorized since 2004!
Legalizing marijuana has been a hot topic of controversy for a long time but marijuana used medicinally is becoming more and more acceptable by some states in the U.S.
Marijuana has been used as medicine for thousands and thousands of years. The earliest records of medicinal marijuana use have even been traced back to China in 2737 BC!
Today cannabis remains one of the 50 basis herbs in Chinese medicine.
The market for a company like GRNH is mind blowing. Many territories in countries all over the world have legalized medical marijuana. Countries like Spain, Italy, Israel, Germany, and Canada!
One of the most known benefits of marijuana used medically is the relief that cancer patients can get from the harsh side effects of chemotherapy like nausea and vomiting.
However marijuana has proven to have far more medical advantages than just that.
Marijuana can be an effective relief for muscle pain in patients suffering from multiple sclerosis. It is also considered a safe treatment for glaucoma, epilepsy, and even AIDS!
Recently marijuana has even been said to slow down cancer cell growth!
GRNH is scheduled to open 5 nurseries and 4 dispensaries in the coming year on behalf of over 1,200 patients in the Southern California area!
California allows the sale of medical pot through storefront dispensaries that are not licensed by the state.
The overall marijuana industry in California is estimated to be valued at $14 billion, according to a state report commissioned by California Assembly Member Tom Ammiano!
GRNH's main focus is devoted to the acquisition of patients through the management of non-profit cooperatives.
Plans are currently underway for the construction of 6 patient cooperatives, under the “GreenGro Technologies” name.
GRNH's intention is to build and maintain, on behalf of the cooperatives, 12-15 nurseries with up to 99 plants per location, in accordance with Federal “leniency” guidelines.
GRNH has established a nursery network for each of its managed dispensaries in strict adherence to California law.
GRNH is responsible for the management of all patients, dispensing of medical marijuana, and other related medicinal products, as well as increasing its provider base through advertising, clinics and physicians.
Dispensary are generally 1000 to 1200 square feet of retail space requiring a full time manager/operator and 2 support staff all employed through GRNH.
GRNH anticipates that its nursery system will cultivate and maintain product levels for 12-18 different strains of medical marijuana including high end “Indicas” and “Sativas” and medium to above average quality “Works”.
Depending on market conditions, medical marijuana sells for $3200-5000 per pound. To meet the varying supply and demand needs of the markets, GRNH will concentrate grows to the higher quality products which remains in high demand for patients throughout the state.
Medical marijuana is rapidly becoming a big business as even our own President Barack Obama has publicly promised to end federal raids in medical marijuana states!
More information on GRNH is available at their website: http://www.greengro.net Always do your research and consult with your own financial professional.
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