Nick: T, let’s get to it. What have you been up to lately?
Teeka: I’ve been traveling around the world, digging deep to find the best opportunities in the legal cannabis industry. But before I get to them, let me back up and explain what I mean by legal cannabis.
You see, the cannabis plant creates many types of products…
Most people are familiar with one: marijuana, which is also known as pot or weed. It contains tetrahydrocannabinol, or THC. It’s the psychoactive compound that makes people feel “high.”
Now, the federal government lists marijuana as a Schedule I drug. So it gets the same treatment as heroin, meth, and ecstasy. To me, that’s ludicrous.
Who knows when the feds will legalize it? Still, I expect their stance to change in the future. In fact, while it’s illegal at the federal level… medical marijuana is already legal in 33 states. And it’s legal recreationally in 11 states.
Another type of product, though, is hemp. It produces a chemical called cannabidiol, or CBD. And unlike THC, CBD doesn’t make you feel intoxicated.