It's hard to overstate the importance of the 2018 Farm Bill for the American cannabis business – and the folks who've had the foresight to follow along with our cannabis investing research.
As my readers have seen with the market-crushing slew of double-digit gains in our model portfolio, the Farm Bill was like flipping the switch on a money-printing machine.
But there's another, far less well-known law on the books. This is going back to 2012, although it wasn't fully implemented until 2016.
I mean the Jumpstart Our Business Startups (JOBS) Act. It was meant to encourage the funding of small businesses while easing the the burden of regulatory compliance. The Act makes it possible for a business to raise tens of millions of dollars in capital from anyone – a huge boost for most early-stage startups.
No doubt that's great news for America's economy…
… But it's an absolutely earth-shattering development for marijuana investors. It's right up there with federal legalization in terms of unleashing profit potential.
It opens to the door to a galaxy of investing opportunities in the cannabis sector.
About the Author
Greg Miller started working on Wall Street in September, 1987, just a month before the “Black Monday” stock market crash.
During his career there, he became an expert in just about every kind of publicly traded security - from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.
After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies. He’s always been dedicated to deep, fundamental research - and he always will be - because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.