An explosive new development is coming for the U.S. marijuana industry right now…
A group of like-minded mayors is forming the Government for Responsible U.S. Cannabis Policy Coalition.
The coalition aims to allow states with legalized cannabis to oversee the industry without fear of federal interference. That would let cannabis firms work with banks, receive loans, and expand and grow their businesses.
And just days ago, U.S. President Donald Trump announced his support to end the federal ban on marijuana.
This could change everything, just as more states than ever are set to legalize cannabis…
Historically, when legal marijuana legislation passes, the industry’s best pot stocks take off, and early investors get the chance to pocket life-changing cash.
Between now and Nov. 6, 16 states will vote to legalize marijuana – two times more than in any other election year.
That means 64 million potential new customers could soon be opening their wallets and unleashing a profit opportunity unlike anything ever witnessed.
To see how your loose change could turn into a potential $1.3 million profit, go here.
Plus, there are even more cannabis stories making headlines –
Stay In the Know with These 3 Cannabis Stories
- People can’t get enough cannabis in…
- Nevada. The Nevada Department of Taxation said on May 23 that cannabis sales topped $41 million in March. That was a 16% increase from February sales and was the highest monthly total ever. For the fiscal year, analysts expected $50.3 million in sales for Nevada, and the state already hit $48.97 million in nine months, according to The Cannabist.
- Texas could be moving toward legalizing cannabis, according to com. For the first time ever, marijuana advocates will be allowed to have a booth at the Republican Party of Texas Convention. Texas laws have often been called too restrictive, so this is a major step forward.
- A lot of attention is on the U.S. and Canadian marijuana markets right now, but don’t forget about Mexico. In April, Mexico’s Secretary of Tourism, Enrique de la Madrid, said that legalizing cannabis could help reduce crime in his country. In 2017, homicides reached a record of 29,159 in the country.
16 Surprising NEW Reasons Why Cannabis Stocks Could Make You Millions in 2018
Compelling evidence predicts massive profits for cannabis investors in 2018.
Do you want to find out how to own the stocks potentially destined to soar up to 1,000% this election year?
For the answer, go here…
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.To get full access to all Money Morning content, click here.
Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.