Business
In this week's episode we are excited about acceleration of future legalization of cannabis in the US and we discuss trading and investing strategies for cannabis stocks. 1) Biden - Sanders Task Force Plan - How real is this? How does it play into the coming Democratic National Convention? - Social Justice reform, Police reform and change all accelerate cannabis legalization - DNC provides an opportunity for democrats to discuss ending the war on drugs CAUTION - legalization hype is building quickly but actual legalization takes years to pass and implement 2) Investment Strategies for Legalization Hype Many different ways to play this with various risk/reward - which makes the most sense? a) "The Big 4" - GTI, Trulieve, Cresco & Curaleaf - obvious candidates as retail comes in b) Ancillary & US-Listed Companies - IIPR, Greenlane & GrowGen c) Tertiary Plays - Canadian LPs, Foreign Companies, Low Cost Countries Remember: Hype is not rational - capital will flow regardless of valuations US Legalization hype will make Canadian hype look like "a drop in the bucket" 3) Institutional Capital Flowing into US Cannabis - How will it play out? - When should investors get in? When to get out? - What are the best risk/reward strategies?