With big tech behind it, a fully legal U.S. cannabis industry is within our sights…
Earlier this month, one of the single biggest names in tech made a move that put access to legal cannabis in the palm of your hands.
The news flew under the radar. There were no glitzy headlines. But make no mistake.
When Apple changed its App Store policy to allow for in-app cannabis purchases and delivery, it opened the floodgates of what’s possible for legal cannabis in America.
First of all, by giving consumers the ability to purchase their favorite cannabis products with the swipe of a finger. And California powerhouse TPCO Holding Corp. (OTC: GRAMF) wasted no time getting its Caliva shopping app in the hands of customers.
But there’s a much bigger story at play here – one that hasn’t gotten the attention it deserves.
Remember in April when the CEO of Uber revealed that he is “absolutely going to look at” a weed delivery service once federal cannabis reform is passed? At the time, I told you other Silicon Valley companies were sure to follow.
Then, on June 2nd, Amazon made its tidal wave announcement that it would no longer drug test its employees and, more importantly, declared its full public support for federal cannabis legalization.
Less than a week later, and Apple had already revised its App Store policy to allow for cannabis purchases.
Then came the long-awaited release of the draft Cannabis Administration and Opportunity Act on July 14th.
And to all but seal the deal, Amazon has now officially registered to lobby Congress for cannabis reform.
Individually, these moves signal to the world that cannabis prohibition is outdated, the legal cannabis industry is here to stay, and big business is ready to cash in.
Together, with each domino that falls, that signal gets louder and louder…until it’s so deafening it can no longer be ignored.
Because the fact of the matter is that while a federal cannabis legalization bill is a huge step in the right direction, it won’t ultimately be the catalyst that pushes the industry forward. The politicians on Capitol Hill are too busy with their own agendas to make this change without a carrot dangling in front of them.
But you know what does create change in America, a country that was built on capitalism?
That’s what it comes down to.
Money is power. It has untold influence. More than any politician could ever dream of.
These powerful corporations are recognizing the once-in-a-lifetime opportunity cannabis presents. They want in.
And with the Fortune 500s of the world standing behind the legal cannabis industry, you can bet those politicians are paying attention.
But here’s the most exciting part…
You’re already here. You recognized the opportunity in cannabis first.
All you have to do now is make sure you own shares of the best-run cannabis companies with the biggest profit potential – the same winning picks Executive Director Don Yocham recommends to our NICI Membership subscribers – so you’ll be ready to reap the sweetest rewards.
Then, get excited.
There’s still a lot more money to be made…and I can’t wait to see what comes next.
To your investing success,
Partner, RADD Capital
July 27 2021