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U.S. farmers think the USDA hemp regulations are too stringent.

The goverment should triple the level of THC permitted in industrial hemp, and give farmers three times as long to harvest a field after it is tested, said national convention delegates in voting on American Farm Bureau Federation policy on Tuesday.

Both provisions are sore points with growers, who say USDA regulations, setting a 0.3 THC limit and allowing 15 days to harvest after samples are collected for testing, are so stringent that many farmers will fail them.

• The U.S. cannabis market is quickly developing with medical marijuana currently legal in 33 states and recreational pot legal in 11 states.

• Our top picks are Curaleaf, Green Thumb, Trulieve, and Charlotte's Web based on management, footprint/scale, balance sheet, and profitability.

• We believe there are multiple ways of playing the U.S. cannabis sector but a prudent approach involves a basket of 3-5 stocks to reduce risk.

The U.S.

Small and mid-sized cannabis companies say they are finding it increasingly hard to obtain basic credit facilities from some of Canada’s largest financial institutions amid heightened scrutiny on the struggling sector.

“It seems that most charted banks do not want to entertain new applications for lines of credits, loans, or new bank accounts,” said Sam Rad, a marketing executive at CannaPiece Group Inc., a late-stage cannabis licence applicant.

Cannabis companies that got into the game earlier had more luck with the banks

Regulatory and tax reforms have been proposed to tip the scale in favor of legal cannabis operators.

Although 2019 began well for cannabis stocks and industry hopes were (pardon the pun) high, it ended in disaster.

The rollout of marijuana legalization in Illinois has been well covered by the press for the first few weeks of 2020, primarily due to the long lines and sky-high sales numbers the state has seen.

Cannabis Dispensary Stocks a Compelling Subgroup for Growth

Despite some analysts predicting that the legal cannabis market could eventually be worth $500.0 billion, we’re not quite there yet. The marijuana industry is still in its infancy and is experiencing growing pains.

One subcategory that has been performing exceptionally well—and is expected to continue doing so—is marijuana dispensary stocks.

BUHL — Magic Valley farmer Tim Cornie took a trip to Alberta, Canada, in September. He drove more than 3,000 miles in four days with one specific goal: To learn about hemp from Canadian farmers and researchers.

And he learned a lot.

“I came back thinking (hemp) was a very viable thing for Idaho,” Cornie said.