Investors in Univec and companies can watch the ma
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And the way this industry is moving, there's almost no reason NOT to go "all in" in 2019. Be mindful, of course, that one should never invest more than what one can afford to lose.
That cautionary statement aside, hemp and the cannabis industry in general, is minting millionaires at a rate you wouldn't believe, and you are not likely to see ever again.
I'm not exaggerating when I say I don't think any of us will ever see an opportunity like this again in our lifetime.
In my opinion, the banking bill is a major piece of legislation that will change the industry dramatically, and in very short order. Why? Because legal banking for cannabis and hemp businesses will usher in the age of foreign investment. Up till now, we basically only seen Canadian companies moving into the United States. This is not only because of the close proximity of Canada, but because many of the companies who went public in Canada did so because that was the first place cannabis companies were legally allowed. However, with the passage of the Banking Bill, companies from Europe, China, Japan, Australia, Central and South America will all be coming to this country. These foreign companies will sometimes buy into American companies, while others will merge. What we are talking about here is an unprecedented era of consolidation on a scale never before seen. So companies typically trading for pennies may see dollars, and companies trading for dollars may see values one can only dream of. It is coming my friends, and faster than you think.
I know some will say they have waiting so long already. Yet most invested in Univec are not even at the one year mark. An important mile stone that allows investors to cash out at the lowest possible tax rate. I have been here longer and I am older than most, and that entitles me to be impatient – yet I am not. I can see what is coming, and I know the industry is barely even started.
Imagine getting in on the ground floor of anything. One will typically make a nice return on their investment. But this is a brand new industry folks, and the rules and regulations are not even written. I suspect we will see all kinds of new laws all favoring this investment as time goes on.
Let’s look at some of what might be expected in the months and years ahead.
First CBD. CBD is a wonder, and it will change much of what we thought we knew about treating medical ailments. The Banking Bill will allow pharmacies to legally accept money and credit card transactions, and then deposit the proceeds in banks. However, it does not just stop there. The Banking Bill will also allow capital expenditures to be deducted just like for any other business. This means buildings and equipment costs can be deducted for the first time ever. The FDA is also looking at CBD, and I would not be surprised if the rules and regulations for CBD are written in the next few months (not in 2020 as they recently stated). A decision by the FDA designating CBD as a medicinal substance is likely sometime in early 2020. At that point, the world will change for this one substance alone.
Without writing an entire book, just consider a list of other milestones soon to be developed. Hemp fiber for building materials such as lumber and concrete, paper and paper products, chemistry, plastics, textiles, automobiles, electronics likely in the form of super-capacitors, fiberglass utilizing hemp fiber to strengthen and make it lighter, hemp bio-fuel, beverages, foods, cosmetics, dietary supplements and so much more. When I say we are just at the ground floor of this industry, I truly do mean that literally. We may see the benefits of our patience for many years to come.
Kgem