CANNAINVESTOR Magazine August / September 2017 | Page 41

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Articles and other content within CannaInvestor Magazine from its first issue have discussed the risks inherent to investment in this industry. Last summer and into the autumn we discussed the NASDAQ ruling against MassRoots; the DEA not rescheduling marijuana to a lower classification; and the landmark ruling by the United States Court of Appeals for the Ninth Circuit. Those articles were all written and published before the election. Articles since the election have focused on an increased need to diversify owing to the uncertainty of the newly elected administration given their position on marijuana. However, the forces of Ecoforming cannot be ignored and are not easily contained let alone turned back. Companies such as Scott’s Miracle-Gro Company (SMG) and Microsoft Corporation (MSFT) entered the industry in varying degrees and the rise of the first industry REIT, Innovative Industrial Properties (IIP), in the USA. International companies have only increased their own investment and presence in the industry in those states where legal to do so.

THE ROAD

IS CLEAR

But the path is not.