With cannabis’s path to full legalization cleared, here’s your first move to make…
The factors driving the cannabis market forward are so powerful that no federal election outcome can stop them – that’s what I told you in October before the ballots were counted.
But it’s time to strap yourself in for bigger cannabis gains than I even could’ve predicted…
Because the Democrats didn’t just win the White House. They didn’t just maintain a majority in the U.S. House of Representatives.
After a nail-biting run-off in Georgia this week, the Democrats managed to pull off a hat trick to control the Senate, too – one that will help launch the cannabis market into overdrive.
The biggest obstruction to making cannabis legal across the country, soon-to-be-former Senate Majority Leader Mitch McConnell (R-KY), has been put aside.
The man who blocked so many cannabis reform bills passed by the House and ignored his own constituents’ overwhelming positive support for cannabis legalization (68%) no longer controls the agenda.
And that means federal legalization of cannabis is now imminent.
With a Democrat taking McConnell’s spot and most Senate Republicans on-board with legalizing cannabis, we could see the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act passed within weeks.
That bill will effectively decriminalize cannabis by removing it from the Controlled Substances Act while expunging entire generations of non-violent marijuana crimes.
And with Mitch McConnell out of the way, we can expect it to sail through the Senate and, ultimately, the White House.
Democrats taking control of the Senate was one of my 3 Big Cannabis Predictions for 2021.
Now, we’re looking at one of the most powerful moneymaking catalysts I’ve seen in my 26 years in the investing world.
It supercharges an already unstoppable cannabis Boom, setting up massive 20X to 30X gains for the right cannabis stocks in 2021.
And the time to act is now.
Here’s the very first profit play you should make to take full advantage of this landmark victory for cannabis…
Your First Move
Your first move is this: to make sure you’re invested in the multistate operators (MSOs) that will benefit the most from federal legalization. These are the United States firms that directly sell cannabis throughout multiple states.
They’re also the companies that will secure you the biggest returns. Here’s why.
In North America in 2018, we saw $86 billion in cannabis sales. Only $10.8 billion of that was spent on legal products. And based on the fact that legal cannabis sales skyrocketed 67% from 2019 levels to $17.9 billion, we know that demand has grown significantly.
Once federal legalization becomes a reality, illicit sales will start turning into legal sales, with massive profits to be made for the companies selling legal cannabis products.
But you don’t just want to put your money into any old MSO. You want to put your money in the winners.
Curaleaf has built itself into the largest cannabis company in the world by sales. And with operations in the two biggest markets to turn recreational during the 2020 election – Arizona and New Jersey – it’s poised to capitalize this year as folks line up around the block to buy their first adult-use cannabis products.
Jushi is a smaller MSO that, at its current pace, could prove to be the fastest-established national cannabis company in the history of the industry.
Its stock price has seen over 250% gains since our NICI Membership subscribers first bought in at $1.52 in July, up to $5.37 as of market close yesterday.
If you missed out on those gains, don’t worry – because in 2021, you’ll have the chance to build more wealth than you ever thought possible.
In fact, that I’m expecting JUSHF to reach $41 by the end of the year. And this Senate win by the Democrats could push those prices even higher.
Don’t wait any longer to make those massive gains YOUR gains.
Go here now to learn how you can become a NICI Membership subscriber for even bigger profit potential in 2021.
A New Phase
With Democrats in control of the White House, the House, and the Senate, federal legalization is now on the fast-track.
And that makes my next prediction that we will see 10 U.S. plant-touching cannabis companies start trading on the New York Stock Exchange (NYSE) and Nasdaq inevitable.
Once the top cannabis companies start trading on these exchanges, hundreds of billions of dollars will pour into cannabis stocks. Mutual funds, pension plans, and a host of other “Big Money” players will finally be able to invest.
Companies like Standard & Poor’s (S&P Global) and the Russell US Indexes will be forced to add cannabis stocks to their indexes, automatically pulling in even more money through index funds and major exchange-traded funds (ETFs).
And as these predictions continue to play out, they will drive the top cannabis stocks 20 to 30-times higher throughout 2021.
There’s a lot to look forward to this year, and I want to make sure you’re able to take full advantage.
That’s why I’ll be hosting an “Ask Me Anything” live Q&A next Wednesday, January 13 at 1:00 P.M. ET, where you can get all your most pressing cannabis questions answered.
Executive Director, National Institute for Cannabis Investors
14 responses to “The First Profit Play to Make After a Massive Victory for Cannabis in the Senate”
January 07 2021