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Wednesday, July 01, 2015 11:04:50 AM
Well, I think that the typical comparison takes us back to the time of prohibition on our alcohol industry. The beer, wine, and spirits industry is currently tremendous. I think if we look at where this industry is today and rewind that to where it was under prohibition, you’d be able to see the possible opportunity to purchase companies like Seagram’s and Jim Beam by investing in marijuana now. I’d say that there are definitely many interesting parallels between those two industries.
Others often liken how the cannabis industry today is like the gambling industry – Back when casinos where quasi-legal and there was some internet gambling going on, the Indian tribes ended up legalizing gambling and bringing Las Vegas to the rest of the country! I believe there to be some very interesting parallels in that, too. I could even continue on to mention the automobile industry and how despite it being around for so long and dominated by the big auto and big oil companies. Tesla came in and brought this new kind of technology that is changing everything about our economy and the way we do business, much like industrial hemp has the power to do.
https://www.cashinbis.com/stuart-titus-mjna-a-true-pioneer-in-the-cannabis-industry/
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