Like it or not, marijuana legalization is sweeping the country…
If you don’t have any of pot stocks in your portfolio, you should consider adding them now.
Earnings on marijuana have been getting a bad rap. The Canada deployment was a disappointment and supply issues are causing a stir.
In 1988, only 24% of Americans supported legalization.
Today, that percentage has grown to 66% in favor of legalization. That’s up from just 60% in 2016.
CBD products are commonplace now, with big-name retailers such as CVS, Walgreens & Neiman Marcus carrying CBD products as a result of increased consumer demand.
*** Your money is in grave danger ***
How far could your stocks fall?
Depending on how this crisis unfolds, history tells us you could lose anywhere from half your money to almost all your money.
CNBC states, "Now is the right time to bet big on marijuana... [as] the industry is poised to be gigantic."
Forbes suggests that "hundreds of millions of dollars are pouring in…"
The Marijuana Opportunity Reinvestment and Expungement Act (aka the MORE Act) is having a big impact too , as it works towards federally decriminalising cannabis and could results in a 5% tax on cannabis sales being authorized.
Pushing the Cannabis issue further, many White House candidates are calling for an expungement of past marijuana possession convictions and for an overhaul of federal criminal justice policies.
We can confidently say that the long-term outlook for smart investors looks very bright, here are some long-term cannabis-related investment opportunities.