While the NFL and CBS killed this years marijuana ads for Super Bowl LIII, that could all soon change thanks to Federal acceptance.
As of Thursday, January 31, 2019, there 501 cannabis-related bills moving through state legislatures and Congress for the 2019 sessions. And while adult use recreational bills receive the most attention, a number of other interesting cannabis proposals that state lawmakers are currently considering, including legislation to require insurance coverage for the CBD cannabinoid, protect medical marijuana patients' gun access, authorize veterinarians to recommend marijuana for animals and allow interstate sales are pushing the legal marijuana Industry forward as we head towards 2020.
And with some form of marijuana now legal in 33 states, plus the passage of the 2018 Farm Bill, the fast growing marijuana industry has cultivated mainstream acceptance over the past 20 years.
Cannabis Ads Are Comming To The NFL ... Eventually
The National Football League (NFL) and the Super Bowl, are both symbols of mainstream supremacy. Companies have marked their arrival in by advertising during the big game; Amazon, E-trade, Apple were the among those that made their mark with debut commercials during the big game.
That said, it shouldn’t be long before Cannabis companies are in the advertisement spotlight during the biggest weekend in American sports.
Case in point, AB InBev, whose portfolio includes Budweiser, which is one of the NFL’s largest sponsors and Super Bowl advertiser, partnered with a Canadian marijuana company dedicated to researching drinks infused with THC and CBD.
Positioned to win
Transcanna Holdings Inc., traded on both the Canadian and German stock exchange under the treating symbols CSE:TCAN, XETR:TH8 are pleased to announce that it has signed a non-binding Letter of Intent to acquire Goodfellas Group, LLC, (“Goodfellas”) a full service advertising and marketing agency for the cannabis and hemp industries, from which the Company is already acquiring 23 branding agreements. The acquisition price will be derived from two times the previous 12 months revenues, at the time of execution of definitive agreements, as set forth in the audited financial statements of Goodfellas. 60% of acquisition price will be paid at closing, of which ½ will be payable in cash and ½ will be payable through the issuance of the Company’s common shares, and the remaining 40% of the acquisition price will be paid 12 months following the closing. The Company also anticipates retaining key members of the Goodfellas staff.
On Wednesday, January 30, 2019 $TCAN closed on the Canadian stock Exchange at $2.10 per unit share.
I want to say that I'm glad that there is such an herbal medicine that I can use legally. I don't need cannabis itself. I just use hempura cbd and it helps a lot from pains of different etiologies. I'm not sure I could be so active if I still used painkillers.
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