Sleek, this is a truly great marijuana piece!!
The span of time it encompasses helps give readers some historical references that allow them to have a new or additional perspective to draw upon when making some of their MJ investment / trade decisions going into 2018.
One can try to analyze everything in your thesis, research the historical catalysts you’ve laid out, and try to determine the strength of your upcoming predictions on future catalysts, but I will say that I have been following the MJ sector for a long period of time and everything is pretty spot on.
I like the breakdown in your analysis and agree about the 3 mega catalysts. 1 mostly down, 2 to go.
1 is setting the stage, the other 2 will follow. It’s easy for sentiment to change in an instant. Fundamentally, the people have changed their outlook toward cannabis. The majority of the public perception has changed dramatically from the “just say no” era and reefer madness, to overwhelming support of cannabis as a drug with medical benefits.
Number 2 and 3 mega catalysts require legislative due process at the highest level of governance, which is usually behind the times when it comes to the will of the people. Cannabis laws also sit lower on the priority list of importance when the highest level of governance has so many other issues to deal with.
Make no mistake though, I do believe cannabis will be rescheduled, leading the way toward eventual full legalization.
Number 1 mega catalyst is still playing out and will eventually fully saturate the entire nation of states.
It doesn’t have to be recreational in every state though for the rescheduling process to be in the works, which I believe is well underway.
When do we see number 2 mega catalyst of federal rescheduling? That’s a great thing to ponder. When and if it happens, I believe number 3 mega catalyst of full legalization at the federal level will fall in line much faster than it takes from number 1 to 2.
For cannabis investors, we’re in an amazing time and a ton of wealth has been, is being, and will be made.
You’re opportunities have certainly assisted in my investment journey as I work to get my piece of the modern day gold rush / potcom pie.
Thank you for a great read and I’m looking forward to hearing what opportunities are in store!
Respectfully,
Rec
