MJ Stocks Analysis

[nopancakemix]

How Far Can This Go?
I'll be the first to say that this run is truly remarkable. I expected it to carry for several weeks but this is getting to be outrageous.

More and more news just keeps flowing in.
Politicians are now scrambling to get on board. State rights are a major issue here as individual states are declaring their desires for legalized cannabis in some form or another. It will be pretty hard for Republicans to fight cannabis on that level because their platform is based upon states rights and smaller government. Additionally, the state and federal governments are looking at a whole new set of tax revenues from distribution, cultivation, and even income taxes from the new jobs the industry is generating.

Just as all the momentum gains, MJ companies will start reporting earnings. Should any of those numbers be a surprise to the upside and the momentum just keeps gaining. There is also a great likelihood of a major PR from one of these companies disclosing THC based revenue prospects.

AND OF COURSE, Holder and Obama have paved the way for banking. The speculation of banking involvement alone has carried the excitement. I don't think this will be a buy the rumor, sell the news scenario but more of a gasoline meet open flame scenario.

Then as the year progresses, there are MID-TERM elections where cannabis will be on the ballot of numerous states. California, the most populous state in the nation will likely become fully recreationally legal. Now, CA's #1 cash crop IS ALREADY MARIJUANA. When it goes legal, its gonna be a helluva big deal.

I posted in November or October last year that 2014 is the YEAR OF GREEN.
And I'll stand by that until Dec 31, 2014!