HUGE NEW CATALYST FOR 2018 MJ MANIA ONLY 2 WEEKS AWAY
JANUARY 19, 2018 Federal budget is renewed with both Rohrabacher-Blumenauer and McClintock-Polis amendments included as a direct result of Sessions' recession of the Cole Memo on 1/4/18
Amplitude: Positive
Duration: Long
Significance: Major -- 9.5
Direct Catalyst: The 1st time in history that state-legal MJ is fully protected (medical MJ has been protected for past few years but recreational had never before been protected) from federal government interference -- this marks the official beginning of the end (the "1" in the "1-2" punch) to the federal government's 50-year war on MJ
Indirect Catalyst: Paves the way for Republicans and Democrats in Congress to press forward immediately to pass one of several potential bills that permanently place into law states' rights to legalize both medical and recreational marijuana without any possibility of federal interference (the "2" in the "1-2 punch") Removes any chance of a federal shutdown of state-legal marijuana, erasing any investor fears of an interruption in the American Cannabis Economy (ACE) and THE 2018 MJ MANIA Speeds up the federal rescheduling of marijuana and increases the probability that this will occur within the next 3-6 months Increases media attention on the marijuana legalization movement in general, and California's launch of recreational sales in particular Speeds up cannabis banking reform and tax reform as well Significantly strengthens the intensity of THE 2018 MJ MANIA
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