Also in this playlist...
This transcript is automatically generated
Marijuana users are now lobbying for the right to carry firearms.
I think about this is perfect -- no one's a better shot.
-- a stone the old man with -- coma.
Well ought to -- a large competing for licenses to sell medical marijuana may -- to carry farms as well there is a green a Russian states.
-- medical marijuana is allowed and why not.
It's potentially a multi billion dollar business but states.
Are handing out only -- limited number of licenses and that makes the competition for those licenses cut -- So does that lead to corruption and why are only a select few labeled a corner the market here to scored force.
-- -- -- -- -- -- Of general campus and -- Smith of NBC equities research he owns and recommends the general Canada's stock.
And is a consultant to them as well wolf -- don't Toby.
Who would have thought I don't we I didn't know you're involved in all of us now.
Is this just -- about medical marijuana words there's some more go argues try to set yourself up.
For the day when meant -- when marijuana is legal.
Well I think did two things one -- I think medical marijuana will be legal throughout the United States it's it's a state decision -- -- federal decision.
But the bigger issue is that medicinal Canada's medical marijuana what every wanna call it it works it works for a tremendous amount of chronic disease.
And the idea that.
Maybe eight to ten billion dollars a year is big purchase essentially on the black market because the states and other agencies haven't come to grips that -- But it'll say however there's rated regular -- that's that's a pretty fast and loose figure -- thrown -- eight to ten billion.
You really think that all of that eight to ten billions is medical marijuana you don't think a lot of it's just people use -- -- stuff.
Well it there's -- lotteries there's David and at the entire marijuana business you know listen illicit.
It -- it is certainly in the forty maybe fifty billion could be as much spotted by a dollar I'm talking about medicinal -- not talking about -- energy and watch but I don't you know there's a lot of controversy Jim about.
Whether or not there are alternatives.
To medicinal marijuana.
There's this is a drug called -- all which is apparently pretty effective.
For those people who are doing chemotherapy -- other things where they get noxious.
Yup but I I still think the actual product itself the natural product is by far significantly better than any synthetic that can be derived from a pharmaceutical company it's like getting out.
Synthetic wine you just can eat it that is not as effective the actual product itself will not that not everybody Carolina Jim what did -- I -- quoted number I'm sure you've got quotes on the other side but.
There is no evidence that smoke marijuana is better than merit all that comes from one doctor.
The crohn's and colitis foundation says the harmful harmful side effects of marijuana far -- its potential benefit so there's there's controversy on this.
There's controversy on -- but we have still we have a tremendous amount of data weird data centric we are probably the most amount of data and of any entity.
Including municipalities in the United States.
And by far I can I can provide evidence that medicinal Canada's natural medicinal cannabis is significantly better than synthetic all right now the thing that I mention it in the introduction which is -- some people look at what you guys are doing and saying.
You're trying to corner the market I mean if this is if it's gonna be open now or at least more open than it has been in the past.
See you shouldn't have special licenses just to the people who -- good deal makers like Toby Smith.
What he said -- action.
-- it's a state by state regulation I great first of all it's a fragmented this joint industry there's no question about it.
You have bi polar opposites between the federal government and the various states fifteen states right now -- -- candidates we have another ten states.
That are looking to legislate it in their system.
So what if you have over four fifths of the population of the adult population -- AB CB report 81% of the population in the United States.
Would like to have additional -- as another arrow when their quiver.
It it doesn't have to be mandatory -- least give the individuals give the adults give the patients the end user the ability.
To utilize medicinal campus by the way Toby do you think there will be an end.
To probation and if there were here as aren't you set yourself operate pretty well here.
Well it in my personal opinion yes I think that will be because I think the evidence.
Completely overwhelms whatever you know crazy idea apparently did that -- way to -- your decision to actually own in recommending consult these guys.
-- -- absolutely David and we look for the next big thing and if you look at -- for chronic care this is 888 -- You know it treatment that is going to grow -- -- that tens of billions of dollars aren't guys we got to leave it at that gym for clueless and -- Smith that's the lucky guy.
Filter by section