womens moncler jackets Politics Is The Main Uncertainty For GW Pharma womens moncler jackets
moncler coats cheap Sign in / Join NowSummaryPolitical attitudes within the Trump Administration are the main uncertainty formedical marijuana companies.Recent developments by the competition do not lead to a negative prognosis for GW Pharma.The future of the somewhat obscure Rohrbacher Farr Amendment could have the ultimate say on marijuana stocks.Most companies in the medical maruijuana space have a lot of negatives attached to them even without the political risk.GW Pharma patent protections give them further strength in the market.GW Pharma (NASDAQ:GWPH) continues to have an uncertain outlook because of possibly negative political considerations. However the politics could well play out positively for the moncler outlet woodbury company. Product developments for the company, centred initially on testing of “epidiolex” for childhood epilepsies, remain very promising. Recent events concerning the competition are unlikely moncler outlet online to be much of a source of concern for the company.The Trump Administration. The single biggest uncertainty for the company is the Trump Administration, and specifically the attitude of the attorney general, Jeff Sessions. uk moncler outlet My article in July gave much of the breakdown on this, which I will not moncler uk outlet repeat here. Since then, there have been some further developments on the political front.Much of the dichotomy in policy today lies in a conflict between states and the federal government. cheap moncler sale Despite being an advocate of states’ rights in everything else, in August Sessions had written to the states’ Governors declaring:”The Justice Department remains committed cheap moncler jackets to enforcing the Controlled Substances Act in a manner that efficiently applies our resources to address the most significant threats to public health and safety.”Effectively, that is saying moncler sale the federal government could intrude upon individual states’ legalisation or non prosecution of cannabis. The recent move by Trump to highlight the moncler usa harmful effects of the opiod crisis on the country is probably a better indicator of what is a real “significant threat to public health and safety”.Indeed, two recent studies have found that since Colorado legalised cannabis use, opiod related deaths in that state have declined in a meaningful way. Neither study can directly prove the causal link between the two but the assumption is likely. Sessions is not having any of this though, stating earlier this year:”Marijuana is a cure for discount moncler jackets opiate abuse? Give me a break!”29 states have legalised medical cannabis. However it is still a Schedule moncler outlet sale 1 drug, which means it is illegal at a federal level and supposedly has no medical benefit. A few members of Congress had instituted private bills to move cannabis from a Schedule 1 to a Schedule 3 drug. These do not look like they will progress far.The Schedule 1 status also means that companies have other negative consequences. They do not get the usual corporate tax deductions. They do not get most basic banking services. Medical researchers find it hard to get funds for moncler sale online clinical studies. These negative consequences are already baked into medical marijuana stock prices presumably, but things could get worse. Companies and states are on a knife edge of uncertainty at the moment.Apart from Sessions, it is known that Vice President Pence is personally opposed to any legalisation measures. Close Trump friend and financial backer Sheldon Adelson poured funds at the last election into state ballots against marijuana initiatives. This was not very successful as various ballot initiatives were passed. These included states such as Florida, North Dakota, Arkansas and Montana which supported the Republican Party. Of course for cash strapped states, marijuana both recreational and medicinal can be a vital income gatherer. It is estimated that California will get up to US$1.1 billion annually in taxes on marijuana.The Rohrabacher Farr Amendment protects legal medical marijuana businesses from federal prosecution. It has been in existence since 2014 but Sessions is trying to have this overturned. In September the House Rules Committee blocked a vote on the Amendment, meaning it could be allowed to lapse. However, the Senate Appropriations Committee has approved the Amendment, and it could still get into the fiscal 2018 budget.There are personal consequences as well from the Rohrbacher Farr Amendment, which has been supported across party lines. uk moncler sale For instance attorneys in California advising medical marijuana companies in a state where it is legal, could subsequently be jailed after prosecution by the Justice Department.One way GW Pharma’s product could be delayed from coming to market could be that approval needs to come from the Drug Enforcement Agency (DEA) after the FDA process is completed. This took about one year recently in the case of moncler womens jackets “syndros” from Insys Therapeutics (NASDAQ:INSY). The DEA would be unlikely to seek to block an FDA approval, but can certainly delay its implementation.Another potential bearish factor encompasses all pharmaceutical companies. That is the bashing of such companies for their drug pricing and political moves to force them to lower prices of new drugs. Both Republicans and Democrats have jumped on this bandwagon.All this could play into https://www.moncleronlineoutlet.com GW Pharma’s hands. If cannabis in its pure form or in its constituent elements of cannabidiol (CBD) and tetrahydrocannabinol (THC) is not allowed to be used for medical purposes, then GW Pharma’s slew of drugs could have cheap moncler jackets womens the market almost to themselves. This is backed up by the company’s patent strength.There have been various assertions that GW Pharma’s lawyers have cheap moncler coats mens been trying to bring this about on a state moncler outlet by state basis. This has moncler outlet store been done on the basis that lead drug “Epidiolex” is a “proprietary oral solution of pure plant derived cannabidiol” and should be given preference over the CBD which occurs naturally in cannabis.These moncler jacket sale patents cover a wide range of conditions. They could make it moncler sale outlet impossible for the competition to produce competitive products based on CBD and/or THC combinations. If marijuana gets legalised throughout the USA for medical purposes (which is likely at some point but not while Trump is President), then these patents could be a powerful tool for GW Pharma.The World Picture. banks not to do business with companies cheap moncler jackets mens involved with cannabis overseas. The best moncler jackets legalisation of recreational and medical marijuana in Uruguay for example has recently brought the issue into focus there. It might become more of an issue when Canada fully legalises recreational cannabis next year. Mexico legalised medical marijuana in June this year. So the USA is now an outlier in North America. No doubt many American citizens will go north or south of the border for their medical marijuana treatment.In October medical marijuana was fully legalised by the parliament in Peru. Elsewhere moncler outlet prices in Latin America cannabis oil can be used moncler online store for medical purposes in Colombia, Chile and Puerto Rico moncler coats cheap.