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Alias Born | 09/18/2018 |
Tuesday, December 18, 2018 5:20:34 PM
expected CBD/Med MJ/hemp USA expenditures in 2019 if farm bill passes, 20 Billion
that's a 20 bagger.
However, since it isn't "legal" yet, morgan Stanley only has one analyst on MJ.
She says ….not 20 billion....500 billion.
Keep in mind, people are thinking only about new customers going "oh hey, now that's it's legal, let's experiment tee hee.
No, Wal mart is already selling CBD in Canada. Canada ran out of supply.
amazon/wal mart online will make delivery easier (mentioned on this board by scratchgolf who claims Ballas and friends are keeping a lid on this and farm bill passage makes their distribution costs go WAY down.
but...where;'s the other 480 billion in my imagination?
big pharma, super high costs, for the longest time, monopolies and cartels. You pay huge costs (through your insurance) for anxiety meds, opiates, etc.
Why would Merck and Pfizer care?....after all, they've agreed amongst themselves to cartel price fixing and keeping costs high, since drugs are like, easily, 50% of all medical costs, medicare and Medicaid is 60% of the USA budget.
so what happens when a more natural, wide open free market, and non price fixed and relatively cheap alternate to some drugs hits the markets?....competition...lower prices, lower medical costs....possibly even medicare and Medicaid for all?.....regardless, lower insurance costs.
recreational MJ isn't where the big money is. Medical
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