The time to invest in the marijuana business is now.
The legalization of medical marijuana out west some 25 years ago was the tipping point in my eyes. This was when, finally, marijuana and cannabis products were seen for what they are. Cannabis has been used to treat a vast variety of maladies over the nearly 4 thousand years. That’s a far better track record than a lot of the stuff we put in our bodies without a thought. But this miracle plant that grows so easily that it’s called weed, that was illegal. So many myths, misinformation and outright lies were heaped upon what is truly a gift from nature to us human beings. That’s why I think those first medical marijuana dispensaries were so key. The move to legalize cannabis products took the stigma away and let marijuana be seen for what it is. With what happened during the last election cycle, it’s looking like the marijuana business is thriving and here to stay. There are now more states that allow access to a cannabis dispensary within their borders than don’t. That is an impressive achievement. And I think this is another tipping point. The marijuana business is ramping up for when the entire east coast become legal for recreational and medical marijuana. The time to invest in the marijuana business is now. I make my living advising people on what to invest in and I’m moving a chunk of my portfolio into the marijuana business. While I have used recreational marijuana in the past, I didn’t exactly rush out to the local cannabis spot when it opened. But I’m sure glad it’s there.
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