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Re: Fallingknife75 post# 49951

Thursday, 04/16/2020 10:50:35 PM

Thursday, April 16, 2020 10:50:35 PM

Post# of 65585
Here’s a thought experiment

If Pure CBD (CBD Isolate) in Foods, Beverages and Dietary Supplements were legalized tomorrow (that’s what HR 5587 would legalize), and investors on the sidelines start compiling a list of stocks in the sector they are interested in buying, VATE has a high probability of being on the most lists and becoming the most popular choice of investors in the newly legal Pure CBD Sector (not Full Spectrum CBD , not Broad Spectrum CBD, just CBD)

And here’s why

The opportunity to get in on the ground floor of a CBD Beverage stock selling the most popular beverages in America — Coffee and Tea — will be a large magnet for investment

When there is only 1 publicly traded company in America doing so — that will make VATE irresistible to many investors

Water is a very popular beverage, too, and CBD-infused water has been the choice of beverage for nearly all CBD Beverage stocks — so there are at least 6 different CBD Water stocks but only 1 CBD Coffee and Tea stock — that categorical difference alone will make VATE a more popular choice of investors than any single CBD Water stock

Now let’s exit this thought experiment and get back to reality

CBD Legalization is not happening tomorrow

But it could very well happen in May

That is when the Phase Four Covid-19 Stimulus Bill is projected to pass

Nancy Pelosi has recently stated she wants Cannabis Banking (MJ and Hemp) to be included in this economic recovery bill:

https://www.marijuanamoment.net/pelosi-wants-marijuana-businesses-included-in-next-coronavirus-relief-bill-congressman-says/

Will the Senate approve MJ Banking?

I don’t know, there’s still a great deal of opposition to this amongst Republican Party leadership, so it’s tough to say

Will the Senate approve Hemp Banking?

Absolutely, there is tremendous support for it and zero opposition

Hemp has been federally legalized and completely descheduled — MJ is federally illegal and a Schedule 1 Substance — so there’s an enormous difference there

Jonathan Miller predicted that legislation for CBD Legalization in Foods, Beverages and Dietary Supplements would be filed in November 2019

In January 2020, HR 5587 was filed — Miller nailed it

Jonathan Miller is more connected than anybody — he is basically Mitch’s personal lobbyist for Hemp

Last week, Miller stated that the Phase Four Covid-19 Stimulus Bill is the right legislative vehicle for CBD Legalization in Foods, Beverages and Supplements

Watch him provide details in this video starting at 12:30

https://m.facebook.com/story.php?story_fbid=517338882233397&id=2043552242529673&_rdr

So Hemp Banking and CBD Legalization passing inside of the Phase Four Covid-19 Stimulus Bill in May is a very plausible outcome

Last time I checked it was already mid-April

VATE is a no-brainer at these prices given the legislative possibilities this Spring


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