Reading Time: 3 Minutes
“WHEW!”
The agent looks up, she is startled.
“Sorry I’m late, but my name is TheFrugalSamurai and I’m here for the inspection…?”
~~~
That’s right folks! Been like a busy bee these last few days working on the next couple of real estate deals.
Sadly between this and juggling full-time work, the blog has been put on the backburner a little bit – ARGH!
Hate it when that happens but can’t be helped.
We only have 24 hours in a day right!
BUT finally have a spare couple of minutes to let everyone know that don’t worry – I’m still here, still very much alive, still churning it out…just been… busy.
Busy with what you ask?
You know, bit of this, bit of that.
I know, I know – not revealing too much but honestly, can’t divulge too many details (but will reveal SOON, hopefully much sooner than you and I think, touch FOOKING WOOD).
Man I’m so amped right now could really use some anti-stimulants… stimulants… lants… hmm something cannabis-related perhaps? (Medicinal of course… please, PLEASE don’t call the cops – this is a PG rated, law-abiding, drug and alcohol free finance blog).
I say this because similar to bitcoin, cryptocurrency and alternative investments – cannabis (as most of us may know) is now a legal drug in Canada, Uruguay and across 10 or so states in the US (including California) as well as medically allowed in various other countries.
This has caused a few cannabis-based companies to publicly list on the global stock exchanges which has delivered some phenomenal returns (read here and here) to their early investors.
Myself personally I have no position or opinion on the investment potential in this new frontier because I don’t know anything about it.
But common sense would dictate that other countries would eventually follow Uruguay and Canada’s lead in this?
So like you, I’m trying to read up more on this topic – and wouldn’t you know, our friends at visualcapitalist.com have kindly visualized (pun intended) what it’s all about.
Here’s the cool part 1 of the visual here:
Interesting, interesting – lots to inhale in this space it seems.
I’m still undecided and up in the air as to whether it’s got legs as an investment…
Don’t want it to go up in smoke you see.
OK, OK enough of the bad puns – seriously even I am cringing at myself.
There’s definite potential in this area.
Who would have thought that we would be discussing about this, I mean growing up – we were told that ALL drugs is bad, NEVER DO DRUGS and drugs will ruin your life (still very true).
But now we have what is essentially a drug, being legally categorized in the same band as cigarettes and alcohol.
Amazing.
The times, they are a-changing.
~~~
Sigh, break over – now back to IT.
What do you think? Did you enjoy this post? Please help me out if you enjoyed this and click on the little “subscribe” button at the top right and be a subscriber. This way, you’ll never miss my words of awesomeness! So do the right thing, be a subscriber and get it straight to your inbox fresh out of the oven!
P.S. Seriously, say no to drugs – it ruins lives. Period.
P.S.S. Like any investment, make sure you research, research and research before jumping in… sit back, relax, smoke some we… watch some TV… just chill.
58 Comments
Alexandra
It certainly is a world that is changing!
I know people who have had excellent pain relief from CBD oil. There are positives in everything I guess.
The Frugal Samurai
Oh yeah? What… what is CBD oil? SO many things I haven’t heard of! I think I’ll go check it out…
Dalene Ekirapa
Say no to drugs for sure! Cannabis is so harmful but funny enough, as much as it’s illegal over here, people still use them. And they become just so terrible.
The Frugal Samurai
Yeah, but apparently it’s one of the “lesser” harmful drugs (if there is ever such a thing) – hence the increase in legality… interesting times for sure!
Aditya Tiwari
Good to know more about Marijuana. Personally not a fan of it. But is always good to learn about history. So I am still confused is Marijuana drugs or not? Because you mentioned in P.S and P.P.S. Just want to know?
The Frugal Samurai
Yes Marijuana IS a drug, it’s just becoming more legalized that’s all – similar to alcohol and cigarettes… harmful to us but hey – people do it.
Laurie Gannon
This is a bit of a controversial post, isn’t it? Although I do not partake I can see the upside to legalizing and regulating cannabis. Especially access to it for medicinal purposes.
The times are definitely a changing. I didn’t foresee legalization happening when I was much, much younger. It’s an interesting time, for sure.
The Frugal Samurai
It’s controversial for sure but it’s out there in the open! I think it’s becoming more and more prevalent in modern medicine for pain-relief and the like… who would have thought that it’s becoming more and more accepted in mainstream society as well – thanks for reading!
Amber Myers
I have heard that this can help people. So far I haven’t tried it yet since I don’t feel a need to.
The Frugal Samurai
Oh yeah, no need to do it. After all, most of us live fine without it. Although it has been used in medicine as pain relief for agggggges. Thanks for reading.
soonjoo
I do see lots of information about the cannabis and CBD oils that cures lots of anxiety and depression. I do feel more and more it get popular over 5 years.
The Frugal Samurai
Oh you know about CBD oils as well? I feel like I’m the only person who doesn’t know what CBD oils are… “Googles CBD oil”… ah I see.
Monidipa Dutta
Do u know Canada’s legal cannabis market will grow from $1.3 billion in value in 2018, with medical use accounting for the majority of the market, to $6.1 billion in 2025, when medical use will be surpassed by adult recreational use, according to de Carcer’s forecast?
The Frugal Samurai
No… no I did not know that. Those figures are mighty impressive. So what you’re saying is to… get in now?
Jenny Silva
Side note – awesome you’re in real estate! I own a TC business. As for Cannabis – I haven’t a clue about it, but it’s here and all around us. Not thrilled but this was educating for sure.
The Frugal Samurai
Nice one! I don’t directly work in real estate but do dabble here and there! I agree, not the biggest fan of it but hey – it’s how the world is now right! Thanks for reading.
Amanda Yorton
Interesting. I mean, I am not surprised that the stock has gone up so much in the past 4 years. Cannabis has been huge since it is becoming legalized across the country!
The Frugal Samurai
It sure has! But you know, I’d be very interesting to see which stocks remaining standing after the industry consolidates – just like the tech bubble! Thanks for reading.
Patricia-Ann Que
this is such a hot topic right now especially here in canada! i think if it is regulated properly like in amsterdam, why not when smoking and alcohol are in the same category
The Frugal Samurai
True true, I’d be curious to see the social effects of this legalization in the medium-long term future, perhaps it IS the way to go to reduce crime and social issues? Thanks for reading.
Nicole Walker
This provided a TON of information for those who, like me, know nothing regarding cannabis. With the legalization of weed spreading, there is definitely the potential to make money by investing. Great read!
The Frugal Samurai
No problem, thanks for reading! It’s an interesting topic for sure, one was so taboo and alternative – now it’s more and more mainstream ain’t it! Seems like you can make money on anything these days.
Rhian westbury
Some interesting info. It doesn’t surprise me how much the stocks have gone up to be honest x
The Frugal Samurai
I know right, but I think they have come down after the big run-up! Thanks for reading.
Robert Forster
It’s been a long time coming really it’s just been given the green light in the UK
The Frugal Samurai
Wow in the UK as well? That IS big news… will definitely have to look further into it. Thanks for reading!
Kim
Great post! Very informative. I know a few different people who swear by CBD oil to help them with things like depression and pain management.
The Frugal Samurai
REALLY? CBD oil is THAT good? Might have to check it out myself, sounds like a wonder. Thanks for reading.
Emma Riley
This is the top and most talk topic in other countries. Legalization of marijuana is good if its only use for a medical treatment but if they going to make this legal for the sake of MONEY that is NOT OKAY!
The Frugal Samurai
I agree, if it’s for pure commercial purpose then no way jose should it be legalized! I haven’t sussed it out too much yet, but definitely a watch-this-space type of investment. Thanks for reading.
Jojo
That info graph was really informative! And made it fun to read. They recently just opened a medical cannabis place in my city. Going to be interesting how it expands
The Frugal Samurai
Oh really? I would be interested to see how it goes also, we have methadone clinics here in Oz and it’s a bit hit and miss sometimes, I think it’s for the greater good but can’t comment on whether it actually is as I’m not really close to any. Thanks for reading!
Lyosha
I don’t see much harm in cannabis, I think it’s ok to legalized back again. We have a lot of countries setting example and it is just ok there.
The Frugal Samurai
I haven’t really much dealings with cannabis myself – but do know of the good and bad it can cause from a medical and recreational perspective. But if it can be tightly regulated and means more awareness and less crime, social issues and addiction… then why not?
Alvern Bullard @ Success Unscrambled
Let’s wait and see how things go in this area. At the end of the day, we all have a choice just like we do with alcohol and cigarettes. Choose wisely.
The Frugal Samurai
I think so, end of the day it comes down to personal choice and preference, I read that more people are impacted through alcohol and cigarettes than illicit drugs… hoping that legalization doesn’t mean people take it for granted.
Pam
This was informative, I personally don’t use it and do not know much about it. However, I know a lot of people sell it, use it for recreational use or medical purposes. I have heard from people who have used it for medical purpose, that it brings pain relief and they feel a lot better. But I agree with others, times are definitely changing!
The Frugal Samurai
Yes it’s true, if used correctly I think it is an aid. It’s been used for centuries prior to it being illegal – but time will tell right! Thanks for reading.
Kim Burnette
Interesting facts about cannabis! I use cbd oil and have benefitted greatly from it. I use the isolate, no effect other than medicinal. I smoked when I was a kid, so much different. I hope all of the states at least legalized the cbd oil. I know someone who recovered from life long epilepsy using cbd oil, she is driving for the first time in her late thirties!
The Frugal Samurai
Wow CBD oil has that big of an effect? Seriously I did not know anything about CBD oils until I wrote this post – if it can truly be of such benefit, then 100% agree with you, get it legalized!
Sigrid Says
Been reading about anecdotal stories about the relief they get from cannabis. It is quite hard to regulate this, I just wonder if it could be made into a product that people can use moderately?
The Frugal Samurai
I think so too, regulation would be incredibly difficult if one a portion of the market is legalized – what constitutes a legal product and what doesn’t? But I think the benefits are here, more I read everyone’s comments more I think CBD oils are a wonder. Thanks for reading!
Rosey
I see the stocks around. not sure it’s my cup of tea to invest there though.
The Frugal Samurai
Not everyone’s cup of tea for sure, but they’ve been flying and it’s really buyer beware! Have to do your own research. Thanks for reading.
Akamatra
I’ve heard so many things about this lately! The information is so much I need more time to decide about how I feel about it. I am happy that some people find pain relief though.
The Frugal Samurai
No problem, glad to share it! Thanks for reading – hope it helps you with some more info and research.
Jennifer L
It does not surprise me that it would be very viable and lucrative marketwise. It’ll be interesting to see the growth in the upcoming years.
The Frugal Samurai
For sure! There should be growth though, seems from everyone’s posts that medically at least – the market is HUGE, be interesting to see indeed. Thanks for reading!
MAYSZ
I’ve never heard about the good benefits of Cannabis because here in my country Cannabis is one of illegal drugs. but this post gave me some insights about the good benefits of Cannabis great post fromyou.
The Frugal Samurai
No problem at all! That’s the beauty of the internet right, it’s awesome that we can all share info – hope you got something from this post! Thanks for reading.
Easter Babe
That’s a lot to learn and take in. This is a heavy subject around the world lately. I think cannibus could help tons of sick people and should be legal everywhere.
The Frugal Samurai
Yes that’s a fair point, there must be a good reason for legalisation to take place and no doubt the governments thought about this carefully. Be interesting to see where it goes next to be honest. Thanks for reading!
aisasami
Interesting facts about cannabis. Sadly, Japan is super strict about drugs and facts wouldn’t pursue them as drugs are drugs and a no-no.
The Frugal Samurai
That’s true about Japan, from an outsider looking in, it seems a very conservative society – I wouldn’t expect Japan to be legalizing any drugs soon.
Christopher Mitchell
It’s complicated, as you’ve alluded to. I’m actually based in Toronto, so I feel like I’m at ground zero!
The Frugal Samurai
Wow! You must see it all then, would be very interesting to see! Thanks for reading.
Lynnette
crazy that the projected consumer spending may jump to 47 billion
The Frugal Samurai
I know right! I mean we are just a society of consumers, which is fair enough but it does get abit too much sometimes (especially with Xmas around the corner), thanks for reading! Hope you enjoyed it.