In Berlin, less than 11 grams is considered a “small amount”, and the police can choose to let you go without consequences 1 . Most of the time, that’s what will happen, but it’s not guaranteed. If you are caught with more than 11 grams, they can’t let you go without consequences, and you will get in trouble.
No. Recreational marijuana is illegal in Germany, and also in Berlin.
Where do Berliners buy their weed?
This type of contaminated weed is bad for your mental and physical health 1, 2, 3 . The high is shorter, stronger and less pleasant. It is addictive, and it can cause psychosis and withdrawal symptoms 1, 2, 3, 4 .
The parks should be your last option. They sell very low quality weed in parks. It’s often laced with dangerous chemicals
If you still decide to buy marijuana from Berlin’s parks, here is how it works.
Consolidation among marijuana stocks is getting busy in 2021 on both sides of the 49th parallel. In Canada, two of the largest cannabis producers merged in early May, making Tilray (TLRY, $13.26) that country's second-largest behind only Canopy Growth.
Investors shouldn't forget that Altria also owns 10% of Anheuser-Busch InBev (BUD).
In February, Leafly partnered with Jane, a provider of e-commerce solutions for cannabis dispensaries, to provide a better buying experience for consumers while providing the dispensaries with real-time inventory updates between their online sites and in-store locations.
In June, Cronos made a $110.4 million investment in PharmaCann. The investment gives it the right to buy 10.5% of the multistate operator (MSO) at some point in the future. It is a similar deal to the one Canopy Growth (CGC) struck for Acreage Holdings in 2019. It is dependent on Congress legalizing cannabis at the federal level. PharmaCann has cannabis operations in six states, including New York and Massachusetts.
In August, IIPR acquired a property in Illinois with 250,000 square feet of industrial space for $6.5 million. In addition, the REIT has promised to reimburse 4Front Ventures for construction costs up to $43.75 million. Once completed, 4Front will operate a licensed cannabis cultivation and processing plant.
IIPR is a popular stock among analysts, garnering six Buys versus just two Holds and no Sell calls of any sort. And it has been one of the best marijuana stocks to own for years, delivering an annualized total return of 91.0% since this point in 2018.
Thirty-six states, as well as Washington, D.C., Guam, and Puerto Rico, have legalized medical cannabis. Eighteen states and D.C. have legalized adult-use cannabis, with New York the latest to do so. As more states legalize adult use, Curaleaf will continue to grow its business organically and through acquisitions.
Marijuana-specific cryptocurrencies also use virtual wallets to hold and store coins, just like regular cryptocurrencies.
But the currency failed to make a huge mark, remaining in the shadows until June 12, 2017. A press release and a video of former NBA star Dennis Rodman sporting a PotCoin.com shirt in North Korea gave PotCoin a shot in the arm. By funding Rodman’s trip, not only did PotCoin re-enter the media spotlight, but its value approximately doubled in just one day, according to CoinMarketCap. As of August 2021, its market cap was about $3.7 million—a big jump from $81,547 at the start of February 2014. One PotCoin was worth DopeCoin was founded by Adam Howell—also known as Dopey—in January 2014. Little is known about the specific markets the currency serves except that its “mission is to provide marijuana enthusiasts with a modern and secure way of doing business for the 21st century.”.01695 in August 2021. The coin was up about 70% year-to-date.
Launched in January 2014, PotCoin was one of the earliest cryptocurrencies for the marijuana industry. It was designed to solve banking problems for people looking to transact in legal marijuana. Trading of PotCoin takes place directly between people without using a bank or clearinghouse. Its creators wanted to capitalize on Colorado’s legalization of marijuana and even installed a PotCoin automated teller machine (ATM) at a marijuana dispensary in Colorado.
Businesses and operators selling and/or distributing recreational and medical pot are still barred from using banks for their transactions because of federal legislation. The development and use of marijuana-specific virtual currencies have ramped up in order to fill the hole in this market.
Cryptocurrencies make it easy for people in the marijuana industry—or simply those who want to buy some weed—to carry out transactions. While Bitcoin has become widely popular in the virtual currency space, there are a few alternative cryptocurrencies catering specifically to the pot sector. Read on to find out more about the top five cryptocurrencies on the market.
It upgraded its desktop and mobile wallets again, migrating them to a new platform on the Nexus Network—a move it announced on April 20, 2021, in commemoration of 4/20 (a day dear to the cannabis community’s heart). It also celebrated the holiday with the launch of PotCoin Rewards, a revamped website, and the announcement of the PotCoin Foundation.
The supply of PotCoin is limited with, you guessed it, 420 million coins. More than 226 million are in circulation. It trades on three markets and also transitioned to proof-of-stake, which allows people to mine or validate block transactions according to the number of coins they hold. An important caveat is that PotCoin claims transaction speeds of 40 seconds, which are pretty impressive compared to those of Bitcoin.