Canada to U.S. Cannabis Wealth Transfer Info:
I was quite pleased to see the run-up in Canadian stocks in the last few weeks leading up to Canada's big day yesterday.
Yet, this is now a part of the distant past.
I think that the U.S. is the place to be right now. 9 more states are legalizing (on the ballots) on November 6th. Also, Trump has already picked new Attorney Generals to replace Jeff Sessions. Trump has also admitted that he will sign the STATES Act in Congress, ending federal prohibition on Cannabis. All of this ignores the 2018 Farm Bill which is was also passed and is being fine-tuned by house and senate.
With all this being said, I think market cap will flow back from some of the Canadian tickers and flow into U.S. companies again.
PotNetwork ( $POTN ) is quite possibly the best CBD name, and the market cap will likely increase 20-fold. This CBD company is slated to be some of the strongest in the sector. I can't find better CBD production numbers anywhere.
Let's see where this takes us leading into this historic American 2018 for legalization and reform.
$POTN
