[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Rascals - A Girl Like You - (Remastered TV - 1967)

Mueller Madness: The media pundits who got it most wrong

Texas Mom Is Mauled to Death by Her 2 Pit Bulls, Who Are Then Shot by Police

Police respond to furor over arrest of man who attacked teen he allegedly caught molesting boy

William Barr: Mueller clears Trump in Russia probe

The Truth About Hell (If true, is it "fair"? Why won't all souls enter The Kingdom of Heaven?)

REP. SCHIFF VOWS TO KEEP INVESTIGATING TRUMP: 'WE HAVE TO FIND THE TRUTH'- The congressman is still optimistic more indictments will be forthcoming

Trump Blocks Bolton, Reverses New North Korea Sanctions

One 2020 Democrat Debate Will Be Solely Focus ed on LGBT Issues (Queers and Baby Killers)

Suspect who mailed pipe bombs to Trump critics pleads guilty

Mueller submits long-awaited Russia probe report to Justice Department; next move up to AG Barr

The Left sees Christianity as an obstacle to the state ... so anything that represents it in a positive light --- must be destroyed

Many Antichrists; One Beastly System - Message by Dr. Chuck Baldwin on Jan. 13, 2019

Ichiro retires after emotional finale in Tokyo (There *is* Crying in Baseball)

Man arrested for keeping TV sent to him by mistake

It's An Emergency You Dumb Communist Bastards!

Bernie Sanders Calls for New Zealand-Style Gun Ban in U.S.

The manipulation of the American mind: Edward Bernays and the birth of public relations

Trump, Graham, Rubio, et. al are about to enact a gun confiscation bill that rivals anything in Nazi Germany or Stalin’s Russia

On The Anniversary Of The Iraq Invasion, Bush Press Secretary Claims Bush Didn’t Lie

Harvard researchers say certain ADHD medications may increase risk of psychosis

NJ Governor Signs “Rain Tax” Bill; Residents Can Now BE TAXED When It Rains On Their Property

The Zoning Code Banned His Tall Fence, but Not the Naked Mannequin Party Behind It

The Texas State House has passed a bill legalizing lemonade stands run by children

New Zealand Prime Minister announces immediate ban on all assault weapons

Fond Memories of Hitching

Are we a soul, or do we hava a soul?

Can the President Legally Break the Law?

Facebook just suspended Natural News for 7 days for posting this rather ho-hum fluoride infographic

Missouri Senate Bans All Federal Gun Control Laws in Proposed Bill

WOW! Just Rewatched Enemy of the State & Guess what I found

The Ex-Model Who Claimed Silvio Berlusconi Hosted Satanic Rituals in His House Died From “Apparent Poisoning”

MLB Going Full-Blown TSA: Teams Prepare To Scan Millions Of Fans’ Faces

Why Does The Mainstream Media Purposely Ignore Mass Killings Of Christians Across The Globe?

U.S. Supreme Court Refuses to Require Police to Render Emergency Aid After Ohio Police Shoot Military Veteran Multiple Times, Let Him Bleed to Death

Don’t Shoot the Dogs: The Growing Epidemic of Cops Shooting Family Dogs

Ron Paul Support Legalizing Heroin

Reputed Gambino crime boss' suspected killer flashes 'MAGA,' other slogans on hand

lMalia, Michelle, Barack and the College Admissions Scandal

Sen. Warren: ‘I Would Support Removing Confederate’ Statues and Monuments

HOW U.S. MEDIA IS HELPING THE NEW ZEALAND TERRORIST ACHIEVE HIS ULTIMATE GOAL There's a reason the media is selectively choosing which facts to report about this killer's purpose

Is Trump Really About to Attack Venezuela?

The Grim Reaper – Frequently A Personified Insignificant Force

Dick Dale, a Great American Original, RIP

Government to Pizzeria: You Can Paint a Mural, Just Not One That Features Pizza

Donna Bazile Hired as FOX News Contributor

Source Claims Fox News Host Secretly Worked to Get Jeanine Pirro Suspended to Curry Favor With Democrats

AP Pushes New Leftwing Conspiracy Theory: "Puzzling" Number of Activists Connected to Ferguson are Dying (Usually by Suicide or Drug Overdose), And That Suggests They're Being Secretly Murdered by an Unidentified But Obviously White Cabal

Man cleaning garage finds burglar crushed by fallen 900-pound floor safe, cops say

US Supreme Court denies hearing Ron Paul 2012 aides' appeal


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: Former Speaker Of U.S. House Of Representatives Lights Up A Cannabis Company
Source: Forbes
URL Source: https://www.forbes.com/sites/thomas ... cannabis-company/#621f23d84bf2
Published: Apr 12, 2018
Author: Thomas Pellechia
Post Date: 2018-04-12 09:22:24 by Willie Green
Keywords: None
Views: 116
Comments: 3

By now it’s no secret the former Republican Speaker of the House of Representatives, John Boehner, excitingly, is an advisor to a cannabis company  that owns and operates medical marijuana production and retail facilities.

As an investment firm established in 2014, High Street Capital Partners, LLC, (HSC), quickly invested in the medical marijuana industry. Over the past four years, the company provided capital to cannabis operations across the U.S. At the end of 2017 HSC decided to pursue a strategy that changed not only the company's direction from mere investment to outright ownership, but also changed its name in March 2018 to Acreage Holdings (AH).  

Today, AH operates in three major parts of the medical cannabis chain: cultivation, processing and retail, in 11 states (29 states, and Washington D.C. allow for medical marijuana). According to the investment bank Cowen & Co, the overall legal cannabis market is expected to reach $75 billion by 2030. AH estimates the medical marijuana industry’s retail revenue will reach $9 billion by 2020.  During the time between then and now, AH plans to continue expanding and acquiring new holdings, with an eye toward pursuing an initial public offering.

Boehner, who as speaker in 2009 expressed strong opposition to federally legalizing marijuana for any purpose, may seem like a questionable choice to advise a cannabis-infused company. But considering that he says he has changed his mind, and considering AH’s ambitions, Boehner in fact is just the right fit. 

The former congressman did what many do after they leave government. Boehner’s initial choice was to work with the lobbying firm Squire Patton Boggs (SPB). Now that one of AH’s tasks is to follow evolving cannabis legislation and regulations, the lobbying power necessary in that arena make Boehner’s connections quite an asset. 

Boehner is also no stranger to smoke. At the same time that he joined SPB, the habitual tobacco smoker became a board member of Reynolds American, a seat that was estimated to reap him $400,000 a year in income and stock shares. (Boehner made the news in 1995 when he was caught distributing tobacco industry campaign checks to House members, to influence a vote on tobacco legislation.)

Although AH claims to want to stay focused on the medical part of legalized cannabis, as restrictions on recreational use melt away from state to state, and, as we’ve reported here before, many in the cannabis investment world expect big tobacco to make a play for that trade, having a man like the former speaker on board certainly couldn’t hurt AH should its cannabis focus expand.

In addition to Boehner, the AH Board of Advisors includes former Massachusetts Republican Governor, Bill Weld. The two men issued a joint statement on their appointment, which began with this clarifying directional: “While we come at this issue from different perspectives and track records, we both believe the time has come for serious consideration of a shift in federal marijuana policy.”

Weld and Boehner said, “the public perception of cannabis has dramatically shifted, with 94% of Americans currently in favor of some type of access, a shift driven by increased awareness of marijuana’s many medical applications.”

The statement includes another clarification, a particular focus on “our nations’ 20 million veterans, 20 percent of whom, according to a 2017 American Legion survey, reportedly use cannabis to self-treat PTSD, chronic pain and other ailments.”

Because of federal restrictions, Veterans Administration doctors are allowed neither to prescribe nor recommend marijuana , but if they could it would open up a large market for AH. Certainly, Boehner could be of some help.

Weld has supported legal pot since the 1990s. Boehner says his turn around came after cannabis helped a close friend with debilitating back pain. Neither admits to having tried marijuana. 


Poster Comment:

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Willie Green (#0)

"Duuuuuuude where's the Republic?"

Well now we know how that got lost.

VxH  posted on  2018-04-12   11:37:36 ET  Reply   Trace   Private Reply  


#2. To: Willie Green (#0)

Yeah, a dried-up orange drunk works great for the kids.
Where are cirrhosis, lung cancer and melanoma when we need them?

Hank Rearden  posted on  2018-04-12   11:57:54 ET  Reply   Trace   Private Reply  


#3. To: Willie Green (#0)

Boehner Bongs?

kenh  posted on  2018-04-12   15:41:24 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com