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:
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