| | |
 | | | Prospects of Federal Legalization in 2020 | | Matthew Carr | Chief Trends Strategist | The Oxford Club | | | | | Pot stock investors want to leave 2019 in the rearview mirror.
We suffered through the worst bear market in the industry's nascent history. And that was painful for investors.
But we can't forget all the major milestones achieved.
We saw the first piece of proposed legislation to end prohibition in the U.S. clear the House of Representatives. Two months later, a sweeping criminal justice reform bill cleared a House committee.
In the U.S., we now have 11 states that have legalized adult-use, as well as 33 states that have greenlit medical use. And it appears that a change at the federal level is eventually on the horizon for cannabis.
The question is, how far away is that?
To talk about the prospects of federal legalization, what the cannabis industry got right in 2019 and what to watch for in 2020, I'm joined today by Lezli Engelking, founder of FOCUS, the Foundation of Cannabis Unified Standards.
FOCUS was born in 2014 to address some of the problems in the legal marijuana industry. And most of these stem from quality, consistency and safety issues that need to be managed as the industry expands.
Lezli shares her views on what must be done following last year's vaping crisis. And why the need for standards - beyond just state regulations - is imperative for the future of cannabis.
For pot stock investors looking for insight into what 2020 might hold, this is the interview for you.
Here's to high returns,
Matthew | | | | |  | | | | | |  |  | | | | David Fessler | January 22, 2020 New energy efficiency standards have been passed by every president since Reagan, but Trump is looking to roll back these measures. Read More | | | | |  | | | | Matthew Carr | January 21, 2020 These five key investment trends will help investors narrow their focus in the new year. Read More | | | | |  | | | | Matthew Carr | January 20, 2020 The Energy and Commerce Subcommittee on Health's meeting on cannabis was a small step forward, but the pot industry can't succeed without more research. Read More | | | | | | | | |
|
The Oxford Club is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that although our track record is highly rated by an independent analysis and has been legally reviewed, investment markets have inherent risks and there can be no guarantee of future profits. The stated returns may also include option trades. 
No comments:
Post a Comment