Virginia is taking these seemingly small but crucial steps toward legalization…
This update about the full legalization process in Virginia was first sent to our paid NICI Membership subscribers, who can read the original story here.
You are free to click here to find out more about how to join and be among the first to access important industry alerts.
Still, since we know that full adult-use cannabis legalization is a question of “when” and not “if,” we’re sharing the information with all our members today.
It’s important to remember everything starts with decriminalization and expanding qualifying conditions for medical marijuana. That’s how a framework is established to eventually regulate recreational sales.
You have to walk before you run.
And being patient can pay off in the long term.
If a state passes legalization right in the first go-around, that helps entrepreneurs sell safe, regulated products. That means more sales.
The general public starts looking at the companies bringing in all that cash and they want to own shares.
Shares that you probably already own as a forward-thinking investor.
Cannabis Will Be Treated Like a Parking Ticket
Possession of small amounts of cannabis in Virginia was previously punishable by jail time.
Under the new legislation, possession of up to an ounce of cannabis will result in a civil fine of just $25; it will be treated like a minor traffic violation.
That’s a starting point.
The next move is increased access to cannabis-based medicine.
The future of cannabis-based medicine is already offering investors a massive profit opportunity. Here’s how.
Medical Cannabis in Virginia
Medical marijuana access in Virginia is restrictive.
As of April 2019, only 251 of the more than 35,000 doctors licensed to practice in Virginia had registered to write medical marijuana recommendations for patients.
Aside from limited recommendations, the Virginia Board of Pharmacy had issued medical cannabis processing licenses to only five companies.
The wheels are in motion for change.
And Sen. Scott Surovell (D-VA) is very excited about what comes next.
— Scott Surovell (@ssurovell) March 8, 2020
Just last week, Maryland‘s House of Delegates voted to expand its current decriminalization law to cover a full ounce of cannabis.
And when voters make their voices heard this November, there will be more access to safe, regulated cannabis than ever before.
But you’re going to want to jump on this opportunity now – before full legalization takes hold. That’s where the 2020 Pot Profits Roadmap comes in.
This step-by-step guide will give you all the tools you need to get started today, including a list of our “best buy” cannabis stock recommendations. Grab your copy here.
March 18 2020