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@Louis. Kyron
Welcome to this month’s case studies. All companies referenced throughout the magazine are not intended as investment advice but rather to bring an awareness of different companies that may be invested in. Any third party images fall within fair dealing under Canadian Copyright law.
Since my first article, I predicted that Cannabis will be reclassified. I call this reasonable forecasting or forward looking and not speculative fiction or dreaming – I call this Ecoforming. I did so when Nasdaq barred MassRoots from a listing. I did so when the Administration dramatically changed in November of 2016 from Democrat to Republican. I did so when the current Administration rescinded the Cole memo. Mainstream media echoed how such measures meant challenges and perhaps even doom and gloom to companies operating legally within individual states. Others steered clear of adopting a position like mine and rather chose to parrot or reprint industry news.
Since then we have seen NYSE and NASDAQ listings. We have seen companies such as Constellation Brands and Alliance One International enter the industry through foreign investments. One of Canada’s largest LPs is owned by a US fund (Privateer Holdings) and has its Nasdaq IPO ready to go (Click Here). There is also something else happening … something profound …. something wonderful. When lawmakers and our elected representatives choose to not represent their constituents … simply replace them with those that will represent their constituents and augment that with successful ballot measures. This tsunami of grass roots uprising from all walks of life united to bring an end to the era of prohibition cannot be stopped. Even the current administration appears to be recognizing that it can barely slow this wave.
CASE STUDY 1 WHAT IS BEHIND THE CURTAIN?
PROHIBITION