Even the feds are gearing up to decriminalize cannabis.
That big wager I made with the marijuana business is looking better plus better as the years roll by. About 4 years back, I transfer a relaxing deal of our investment portfolio into the marijuana business. This was more of a deeply-researched and vetted “gut” transfer than following the rest of the herd. Normally, I simply follow the rest of the herd when it comes to investing. I’m the first to realize that I’m far from a financial pro so I normally rely on those folks when it comes to our investments. But with the legalization of recreational cannabis starting to spread and take root, I saw an occasion for investment years ago. And I shifted a big chunk of our capital to cannabis. When the politics suddenly shifted majorly to the right, I was a bit scared initially. But I didn’t panic, instead I stayed the course. It turns out that I may have been spot on with our bet on the marijuana industry. With the past election cycle, it seems clear that cannabis is not as politically volatile as it had been. In fact, there were several legitimately red states that ushered in modern cannabis legislation laws this past election cycle. This sort of cemented the fact that there was going to be a heightened need for cannabis dispensaries in the coming years. The east coast in particular is now in play for selling legal recreational marijuana. Even the feds are gearing up to decriminalize cannabis. So the investments in a diversified marijuana business are something that I’m really proud of. I had the feeling plus it was backed up by some research. And now, it seems as though our hunch is prepared to spend our money off big time.