I bet you know that voters in several states are voting on legal cannabis' future next Tuesday.
And if you've been paying attention, the know-nothings in the mainstream media likely led you to believe that voters in four states are deciding on four legalization ballot measures on Election Day.
Well, they're wrong.
The mainstream media is once again trying to downplay the unstoppable legal cannabis revolution sweeping across the nation... state by state.
In fact, voters in six states are deciding on 36 major cannabis reform measures.
Michigan and North Dakota voters will be deciding on adult-use recreational marijuana. The proposed laws would not only legalize the sale of certain amounts of marijuana, but also change how law enforcement prosecutes marijuana drug infractions. In some cases, the violations would be changed from criminal to civil; in others, marijuana violations would be expunged entirely.
And in Missouri and Utah, citizens will be voting on the legalization of medical marijuana. Both these states have tended to be deep red and anti-marijuana in recent years, so these are monumental votes that will be testing exactly how mainstream legal cannabis has become.
You know about those four.
But there may be a few ballot questions in states that you haven't heard about...
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For starters, Ohio voters in six cities – Dayton being the largest – are deciding whether to decriminalize cannabis. If passed, these initiatives would reduce the penalty for misdemeanor marijuana offenses to the lowest penalties allowed by law. In most cases, the penalty would be equivalent to a speeding ticket – a fine and no permanent marks on your record.
Wisconsin is another state with marijuana on the ballot on Tuesday. Voters in some counties will decide on whether to legalize medical marijuana, while other counties will be voting on adult-use recreational marijuana.
When laws pass, stocks soar.
And with 36 new initiatives on the ballot – and with the grand majority expected to pass, according to the latest polling – I think cannabis stocks will be soaring pretty high come this time next week.
Six years ago, Colorado and Washington became the first states in the nation to legalize recreational cannabis sales.
Since then, seven more states and Washington, D.C., have followed. In total, 30 states have legalized medical cannabis.
Along the way, 64 cannabis stocks have soared past 1,000% gains. Dozens more beyond that have reached triple-digit gains.
And we have helped our readers pounce on so many of the biggest of those wins.
We don't want that momentum to stop.
That's why we hosted the first-ever National Cannabis Investors' Summit – to help pot stock enthusiasts find the next round of big winners before this Election Day catalyst hits.
We invited top marijuana industry experts, including John Boehner, former Speaker of the House and current legal cannabis champion. We analyzed the legal and business landscapes, and then hand-selected the best stocks to buy now. And we put it all into The American Cannabis Summit.
You should check it out now – before Election Day's results trigger another round of soaring pot stocks.
Everything you need is right here.
The post What Everyone Is Getting Wrong About Election Day appeared first on Strategic Tech Investor | Michael A. Robinson.
About the Author
Michael A. Robinson is a 36-year Silicon Valley veteran and one of the top tech and biotech financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...
- He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
- He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
- As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
This all means the entire world is constantly seeking Michael's insight.
In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.
Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.
And even with decades of experience, Michael believes there has never been a moment in time quite like this.
Right now, medical breakthroughs that once took years to develop are moving at a record speed. And that means we are going to see highly lucrative biotech investment opportunities come in fast and furious.
To help you navigate the historic opportunity in biotech, Michael launched the Bio-Tech Profit Alliance.
His other publications include: Strategic Tech Investor, The Nova-X Report, Bio-Technology Profit Alliance and Nexus-9 Network.