BOOM: Blockchain’s Little Sister Is LOOKING GREAT!
Our role as individuals, pursuing the opportunity to become wealthy, is to identify businesses we can own, which can grow above their current status, because they either have a definitive competitive advantage (economies of scale, patents, brand loyalty), a great management team (winners running the show), a booming industry as the tailwind, or all three.
Right now, cannabis is a booming industry.
That’s unheard of.
Look at Cannabis Strategic Ventures, for example:
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
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This company shot up from $0.05 to over $6.00 in three months!
This isn’t a singular case, either. Millionaire investors in this industry are born every day in this sector, because legalization is not a lightweight event; it’s the heavyweight championship of the world, and all things change after it is done.
Once Canada becomes legal, the U.S. will be pressured to follow suit. It won’t happen under Jeff Sessions, the Attorney General, but history won’t even remember his name.
He is less than a stone in my shoe at this point.
On top of the fact that the states are pushing hard against the Federal Government on many fronts right now, President Trump has already said that state rights will be respected with regards to cannabis.
Canada isn’t the only country to go legit. Many EU block countries are looking at cannabis, as potential tax revenue. Think about this. Instead of spending taxpayer money chasing this as a criminal activity, you turn it into a regulated one, such as with medicines and alcohol.
In the same way cryptocurrencies were deemed as dangerous, because terrorists might use them, or the latest nonsense about cryptocurrencies being useless in power outages, as if we all live in caves, all they need is to be understood, used, and studied to be appreciated by the general public.
Cannabis is in need of the same.
Making silly profits in the next couple of years will be done by investing in cannabis companies – bet on it.
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
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This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.