How New Marijuana Laws Are Safeguarding Customers in Oregon

Adults at least 21 years old have the right to purchase recreational marijuana in Oregon. And thanks to Gov. Kate Brown, cannabis enthusiasts in Oregon now have the right to privacy, as well.

On April 17, Brown signed Senate Bill 863 into law, which prohibits legal pot shops in Oregon from keeping or transferring customers' personal information.

That information includes names, birthdates, addresses, and other data typically found on government-issued ID cards.

According to OregonLive.com, Brown said the bill is "appropriate under the circumstances."

And what she's referring to is the potential crackdown on the cannabis industry by U.S. Attorney General Jeff Sessions...

Oregon Marijuana Laws Offer Increased Protection from Possible Shakedown

When Sessions was nominated for attorney general, the marijuana industry panicked. That's because at an April 2016 Senate hearing, Sessions said "good people don't smoke marijuana."

And while marijuana may be legal at the state level in places like Oregon, it's still illegal under federal law. Fearing that the Trump administration would start prosecuting recreational cannabis dispensaries, Brown and other governors from Alaska, Colorado, and Washington wrote a letter in April to Sessions and Treasury Secretary Mnuchin.

They asked for clarity on the administration's cannabis policy.

According to The Colorado Statesman, the governors had not received a reply as of April 19, 2017.

While Brown waits for a reply, the bill at least provides more privacy for marijuana users in Oregon for the time being. If the federal government starts prosecuting cannabis companies, those companies will not have to provide information on its customers to the federal government.

Must Read: Should I Buy a Marijuana ETF?

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Which States Will Legalize Marijuana Next?

This is not only good news for cannabis users, but local governments, as well. In January 2017 alone, Oregon received $5.3 million in marijuana tax payments. And in 2016, Oregon collected $60.2 million in state tax revenue from marijuana sales.

However, it's not just cannabis companies that will be getting rich from marijuana...

Thanks to just announced, historic legislation, a new pot stock boom is about to blow the doors off anything we've seen up to this point. In a time-sensitive audio briefing, pot stock expert Michael Robinson details five marijuana stocks that are best positioned to skyrocket upon legalization and how you can grab your stake in them...

How to Play the Booming Marijuana Market

Michael is one of our most prominent and respected investing "gurus" here at Money Map Press - and for good reason. He is one of the top financial analysts working today. Make no mistake: Michael's ideas are completely his own.

He's a true original. He works solely for Money Map Press... and receives absolutely no compensation from companies he writes about.

His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style.

Michael's 30-year track record as a leading tech analyst has garnered him rave reviews, too.

As editor of the financial newsletter American Wealth Underground, Michael amassed an amazing track record using rigorous investing. The first analyst to uncover the rare earth mineral crisis, he amassed cumulative gains of 990% for his readers in just 16 months.

His research is world class, too. The Oakland TribuneDetroit NewsThe San Francisco ExaminerThe Kansas City TimesWealth Magazine, and American Banker all publish his reporting. He has appeared on Larry King's syndicated radio show.

Michael has an honors economics degree from the University of Missouri at Columbia with a minor in journalism.

And in an exclusive interview with Money Morning, Robinson shares all the good news - including details on five tiny weed stocks that could potentially turn a small stake into $100,000. Click here to continue.

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