Don’t let misconceptions hold you back…
For those of you looking for the next 10X market play, it’s time to set your sights on cannabis.
It’s one of the few hypergrowth opportunities in the market today, and it’s here because of the United States government.
Well…because of the government getting out of the way, that is.
State by state, the roadblocks that politicians spent decades building to keep effective and affordable medicine out of the hands of patients are getting swept aside.
Vote by vote, the war machine that sent millions of non-violent offenders to jail, effectively ending their productive lives, is in full retreat.
The shackles that bound the choices of Americans under the banner of “politicians knowing what’s best for you” have been cast aside.
For decades, politicians have been on the wrong side of an unjust war. And with a record 68% of Americans in favor of cannabis legalization, politicians know it’s well past time they get on the side of the voters.
But despite this progress, cannabis remains an illegal substance at the federal level. And that fact might be enough to make you look past the massive profits cannabis has in store for you and move on to seemingly safer – though less green – pastures.
Maybe you think it’s illegal to own cannabis stocks.
Or, given the “cannabis is bad” drumbeat most of us have heard our whole lives, you might think profiting from the boom in cannabis stocks will make you a bad person.
1. The Law Protects You
The first thing to know is that publicly traded cannabis companies, just like every other public company in the U.S., are structured as C corporations. And C corporations limit your liability.
When you own stock in C corporations (or S Corps, or LLCs), you are a “passive” owner of the company. You are passive because you don’t exercise any active control over the company’s operations, meaning you are not personally liable for the obligations or actions of the company.
So, no matter what the company’s management team does – legal or not – that limited liability means you can’t go to jail for owning a cannabis stock.
In addition to the assurance limited liability provides, you also have the protection provided by state laws. And the federal government will not go after a cannabis company so long as it operates according to the laws of the states within which they operate.
So, from a legal standpoint, you have nothing to fear when you buy a cannabis stock.
Which leads us to all the good things legalizing cannabis can do – the first of which is the incredibly positive impact on the economy.
2. Growth and Prosperity Are Good
According to Marijuana Business Daily’s 2020 Business Factbook, nearly 30,000 businesses earn most or all of their income from cannabis sales, and those businesses employ about 300,000 people.
That’s more people earning a living off the legal cannabis industry than you have programming computers. And given the 50% to 80% annual growth in cannabis sales we can expect over the next year (and the next, and the next), there will be more cannabis employees than pharmacists in the U.S. by the end of 2021.
And with every $1 spent on cannabis injecting another $2.50 into the economy, that $20 billion in cannabis sales in 2020 packed a $70 billion economic punch.
Which brings us to the next big benefit of cannabis legalization: righting past wrongs.
3. Reversing the Damage Wrought by the War on Drugs
Many cannabis laws expunge the records of non-violent offenders, and in doing so, they help correct for the injustices wrought disproportionately upon minority communities.
Without criminal records, those victims can now get jobs and pursue careers just like everyone else.
Ultimately, whether allowing people to consume cannabis is right or wrong is something we all have to decide for ourselves. But, to my way of thinking, just laws protect and extend personal liberty.
Consuming cannabis falls well within the bounds of actions proscribed by personal liberty. The only immoral act would be to perpetuate laws that restrict that liberty.
But the moral case for cannabis doesn’t rest entirely on anyone’s view of personal freedom.
4. The Benefits Far Outweigh Any Potential Harm
The compounds the cannabis plant produces, cannabinoids like THC and CBD, create powerful and beneficial drugs. And the benefits of cannabis as medicine far outweigh the perceived risks of recreational use.
For example, several studies have shown that when pain patients have access to cannabis, prescription opioid use declines anywhere from 44% to 64%.
And there are several clinical trials underway with the U.S. Food and Drug Administration (FDA) right now that are studying the ability of cannabinoids to treat rare and deadly diseases, like Huntington’s disease and scleroderma.
These diseases currently have no viable treatment options, and the research pouring into cannabis-based drugs could finally provide relief for patients suffering from these rare and previously untreatable conditions.
Those same drugs have also demonstrated the potential to reverse the effects of Parkinson’s disease and even cure multiple sclerosis (MS) – maladies that affect millions of people.
And with the treatment market for MS alone expected to grow to $27.4 billion by 2025, there’s plenty of money to be made for the companies that succeed.
So, not only do you stand to profit massively by investing in the companies developing these treatments…but you can rest assured that your investment contributes directly to easing the suffering of millions of people.
I actually know of one startup that already has two cannabis-based treatments in clinical trials that, if approved, could be worth as much as $1 billion each by this time next year.
Its founder virtually pioneered the cannabis-based medicine movement as we know it.
And today, you’re in luck.
Because this startup is accepting a handful of ground-floor investors before its fundraising round closes in a matter of days.
Executive Director, National Institute for Cannabis Investors
2 responses to “Not Investing in Cannabis Is Costing You Money (4 Things to Know)”
March 17 2021