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Are you ready for the 3rd wave of Cannabis?
With Biden now in power, the industry could reach the point of federal legalization very soon...
The growth prospects could be HUGE! I'm sitting down for an exclusive presentation detailing how to take advantage and ride it to major profits.
Mark your calendar for Wednesday, Jan 20 at 8 pm ET. | | |
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James West, CEO Midas Letter. James West is a professional trader and a successful entrepreneur with over 10 years of experience in the financial markets. | | |
| | | Tomorrow is the day of power transition from Trump to Biden, Republican to Democrat. Accordingly, we dive into how the stock market will react and be affected by this political change moving forward. What sectors will there be more risks, and what might have the biggest opportunities? We discuss whether or not cannabis, defense, healthcare, technology, or energy are the sectors to trade right now.
We see the next couple of quarters being shaped by the usual suspect: COVID and how the virus affects retail sales and the broader economy.
What we know is that democratic power will have more regulations imposed on certain sectors. For example, how banks can use their capital or tax rates for corporations. However, a sector that is all too happy to have regulation changes is the cannabis industry. It is now realistic we will see full federal legality of the substance very soon.
With the third wave of cannabis already kicking off, we see this surge moving the highest. WATCH THE FULL INTERVIEW HERE to see why cannabis is the trade to make and the other sectors poised for growth with the new administration. | | |
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