As the song goes, "You can't always get what you want."
This applies well to the recent announcement of plans for full legalization of adult marijuana use in Canada. During that April 13 event, the Trudeau government said all will be in place by July 1, 2018.
But there was a "problem" – at least according to some legalization advocates and analysts.
Instead of laying everything out precisely, legalization in Canada is still evolving. For instance, individual Canadian provinces will have a lot of say about where and when marijuana can be sold, how old buyers can be, and taxation.
So there is much more work to do than was hinted by the government when it leaked preliminary legalization details back on March 27.
And out come the hand-wringers – fretting that legalization will be delayed or… maybe… never even happen.
Don't join these worrywarts.
Nothing here shatters the lucrative reality that double-, triple, or even quadruple-digit gains are on the way for the five stocks I included my latest report – How to Make a Fast Fortune on Canada's Upcoming Total Legalization of Marijuana.
In fact, there are four reasons why you don't need to lose sleep.
According to the plans unveiled on April 23, Canadian adults will be able to buy and possess up 30 grams of marijuana and pursue limited home growing by next summer. And that will make Canada the first large, industrialized nation to fully legalize and regulate weed.
Not even the Netherlands can make that claim.
But like I said, there is some criticism out there from legal cannabis advocates.
Folks seemed to be expecting near-finalized details during last Thursday's announcement – but legalization in Canada is still evolving.
You see, the individual Canadian provinces will have a lot of say about where and when marijuana can be sold, how old buyers can be (the new law says 18, but provinces can alter the age restriction), and the taxation rate.
Again, this is all normal in a large, bureaucratic nation like Canada. These things take time.
But before you plan to spend the next year up all night, take a look at these four reasons you can sleep peacefully…
Reason No. 1: Prime Minister Justin Trudeau Won Over Adult Voters with Weed
Just Trudeau won Canada's 2015 federal election on the strength of a couple of issues. Perhaps none was more prominent on the campaign trail than promises of full legalization.
The platform gave Trudeau a chance to win over medical users and loved ones who see them suffering less because of cannabis-based medicines. It also won points with parents and law enforcement because he continually emphasized that regulating marijuana would keep it out of the hands of kids and away from criminal enterprise.
There's also the "wink," as I'm calling it…
Trudeau is a smart, slick-talking politician. He doesn't have to say it out loud, but he knows that fiscal …
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.