/biz/ - Business & Finance

Government regulators are omega-tier pissed off than Trump's 2018 farm bill accidentally made all cannabis with less than 0.3% delta-9 THC 100% legal across the country. This includes products with high THCa content, which turns into delta-9 when smoked.

That's why the CBD industry has been booming, and why hemp farmers nationwide have been sold out and expanding like crazy for the last 5 years.

All of that is about to come to an end. The regulators are going to win, because the government are greedy, money-grubbing little shits who can't ever leave us alone.

This will cause an absolute surge in demand for cannabis products from dispensaries across the country. You'll see cresco, curaleaf, trulieve, etc all pop once those financials come in, figure about 6 months to 1 year from now. You'll also probably see Tilray do a little 10x as the hedge funds try to get in. Expect IIPR to jump 2x, and NLCP to 2x or 3x. It might even go crazy since it's low market cap, but it's a REIT so the dividend will ultimately guide the price to a significant degree.

This will then settle down, and gains will be preserved. I expect a 2x-3x across the entire industry with 1.5x-2x maintained going forward, with continued annual growth in the low double digits.

Government regulators are omega-tier pissed off than Trump's 2018 farm bill accidentally made all cannabis with less than 0.3% delta-9 THC 100% legal across the country. This includes products with high THCa content, which turns into delta-9 when smoked.

That's why the CBD industry has been booming, and why hemp farmers nationwide have been sold out and expanding like crazy for the last 5 years.

All of that is about to come to an end. The regulators are going to win, because the government are greedy, money-grubbing little shits who can't ever leave us alone.

This will cause an absolute surge in demand for cannabis products from dispensaries across the country. You'll see cresco, curaleaf, trulieve, etc all pop once those financials come in, figure about 6 months to 1 year from now. You'll also probably see Tilray do a little 10x as the hedge funds try to get in. Expect IIPR to jump 2x, and NLCP to 2x or 3x. It might even go crazy since it's low market cap, but it's a REIT so the dividend will ultimately guide the price to a significant degree.

This will then settle down, and gains will be preserved. I expect a 2x-3x across the entire industry with 1.5x-2x maintained going forward, with continued annual growth in the low double digits.