Replies to post #23 on New Leaf Ventures Inc. (NLVVF)

[mick]

However, when the Great Depression hit, everything changed. The attitude of the country had reversed and most favored appealing prohibition—citing that legalizing alcohol would provide much needed tax revenue and jobs. It’s estimated that during prohibition, the federal government lost out on $11 billion in alcohol related taxes.

Factor in our depressed economy and the criminalization of marijuana use at federal level, and there is an eerily similar connection. Nearly 100 years after prohibition ended, we’re seeing history repeat itself with the economy needing a savior.

The sooner national legalization of marijuana occurs, the better. In fact, national legalization could result in $128.8 BILLION in tax revenue and produce an estimated 1.6 million new jobs[xxix]. Once national legalization is passed, marijuana sales will soar the way liquor sales shot sky high when prohibition was repealed.

In fact, we’ve already seen the scenario play out with Canada’s legalization. In just 7 short months, Canada’s cannabis sales soared 59.5% toppling $492 million total[xxx]. And nearly 6 months after legalization, Canada lined its pockets with C$186 million in tax revenues from cannabis sales[xxxi].

This year, they’re on track to hit $1.9 billion—that’s $4.97 million in sales per day[xxxii]

Whether or not it’s officially ruled ‘legal’ or is decriminalized, cannabis is already mainstream throughout the country… it’s here to stay regardless. In fact, by 2025, an estimated 46.57 million people will be consuming 34.39 million pounds of cannabis annually[xxxiii].

It’s why I’m urging investors to ride the wave of new and upcoming legalizations by investing in companies like New Leaf Ventures (NLVVF)… a company that’s proven they have the structural integrity and scalability in place to meet the growing demand once national legalization occurs.

New Leaf Ventures (NLVVF) has the deep understanding of the cannabis market to lead the pack in establishing control of the national and global markets once legalization advances. It has demonstrated the patience and knowhow to implement its U.S. market growth strategy and expand its e-commerce and distributor operations in a careful and efficient manner.

It’s why investors need to do their homework on the “tortoise of cannabis” now.