Sector Rotation into MMJ by aggressive and risk-tolerant investors is happening now IMHO.
Big Pharm likely won't step in until cannabis is removed from DEA's Schedule 1. Good thing the bipartisan "cannabis caucus" has 14 cosponsors in the US Congress. https://blumenauer.house.gov/cannabis-caucus. Good old Earl couldn't stop himself from criticizing Trump recently, so who knows where this will go.
But this interview caught my eye as it reenforces my observation that money is pouring into MMJ:
CannaRoyalty Races to Invest in the Cannabis Industry Before Big Investors Arrive
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