Univec investor must keep this one point in mind:
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Posted On: 09/27/2019 11:43:33 AM
Univec investor must keep this one point in mind:
There are billions of dollars in institutional capital chomping at the bit to take advantage of the cannabis market (particularly pot), but so far they have not found a major way in. That's because, thanks to an outdated, 80-year-old federal law, financial institutions can't invest in American pot stocks. Not a single one.
An estimated $340 Billion Dollars of institutional capital has been blocked from entering American pot stocks. "We need to undo this," President Trump said. "We need to stop this."
57 members of Congress — both from the right and the left — have agreed.
And now, in the coming weeks — maybe even the next few days — it's finally expected to happen if Banking reform passes (it did just pass the House).
The outdated, 80-year-old law banning institutions from investing in American pot stocks, is set to be reversed, and that will crack the institutional floodgates. The result, it will unleash an estimated $340 billion windfall, and that is more money than is in the entire global crypto market. Think about that folks. All that money could flow into pot stocks right here in America.
Kgem
There are billions of dollars in institutional capital chomping at the bit to take advantage of the cannabis market (particularly pot), but so far they have not found a major way in. That's because, thanks to an outdated, 80-year-old federal law, financial institutions can't invest in American pot stocks. Not a single one.
An estimated $340 Billion Dollars of institutional capital has been blocked from entering American pot stocks. "We need to undo this," President Trump said. "We need to stop this."
57 members of Congress — both from the right and the left — have agreed.
And now, in the coming weeks — maybe even the next few days — it's finally expected to happen if Banking reform passes (it did just pass the House).
The outdated, 80-year-old law banning institutions from investing in American pot stocks, is set to be reversed, and that will crack the institutional floodgates. The result, it will unleash an estimated $340 billion windfall, and that is more money than is in the entire global crypto market. Think about that folks. All that money could flow into pot stocks right here in America.
Kgem
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