Support the Cannabis Industry!

This is the time of year when many make charitable contributions. One of the early lessons I learned when entering the industry in 2013 is that without those who advocate for patients’ rights, education, research, political advocacy and criminal justice issues, we wouldn’t have much of an industry, and I have made many financial contributions since then. These organizations pave the way for ballot initiatives as well as educating our policy makers and legislators at the state and federal levels. It is imperative that we as an industry support these organizations to help reduce the stigma of cannabis and to enlist understanding and support from those outside the industry.

When we launched New Cannabis Ventures in 2015, we pledged to donate 2% of our revenue to supporting organizations that are working for responsible legalization and a favorable social, economic and legal environment for the industry. We have honored our commitment, joining NCIA earlier this year at the Sponsoring level and will step up to the Sustaining level in early 2018. We also joined the Minority Cannabis Business Association at the Silver level and Marijuana Policy Project’s Club of 1000 and have also supported many of the other organizations we list on our site.

We hope that our readers will join our effort and consider making contributions to these organizations, many of which are fully tax-deductible. Without them, the industry’s participants would likely struggle to advance our cause and ultimately prosper. As we close out what has been a year of great progress, let’s make sure that we continue to support those who have helped enable our success. If there is an organization that you believe belongs on our list, please contact us so that we can consider it.

Exclusive article by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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