This upcoming Hemp Mania is more similar in character and subtype to The 2014 Colorado Mania, as opposed to The 2016 Election Mania
Because qualitatively, Colorado marked the first time that MJ could be legally sold anywhere in America — even though it was confined to one state, it was epically historic
Hemp Legalization marks a truly historic event as well, the first time that federal cannabis legalization is signed into law in America, permitting Hemp & CBD Products to be legally sold all across America
The second thing these Manias have in common is their triggering by an Initiation catalyst, which leaves their duration more open ended — as opposed to what we saw in 2016 when the mania preceded the election and Trump’s victory acted as a termination catalyst
It is not just the legalization of Hemp & Hemp-derived CBD that is so special, it is also their complete removal from the Schedule of Controlled Substances
In an instant, Hemp & CBD will become treated like a crop, instead of as a drug
This completely opens up the banking system and investment into the Hemp & CBD industry
In addition, unlike MJ products that only sell in dispensaries, Hemp & CBD products will be lining supermarket shelves nationwide
And there will very likely be Hemp & CBD stocks listed on the Nasdaq and NYSE sometime in 2019
In the meantime, anybody who wants to invest in the Hemp & CBD industry will have no choice but to come down to the OTC, just like what we see every time there has been a MJ Mania
There is simply nowhere else for all that public investment money to go
Now is Hemp & CBD as sexy and exciting as MJ?
No
But the field of stocks is also far smaller
So the sexiness/field size ratio is the most important metric to think about
There will never be another mania as crazy as what we saw in 2014, but the upcoming Hemp & CBD Legalization Mania has a pretty good shot at surpassing The 2016 Election Mania due to the very limited field size of Hemp & CBD stocks
Sleek
