A picture paints a thousand words.
And the picture below, taken for the Senate majority leader’s 2020 reelection campaign, speaks volumes.
|
McConnell meets with cannabis growers in Kentucky
It shows McConnell in a field of cannabis plants with some happy growers in his home state of Kentucky.
And as you’ll see today, it’s not just an arresting image. It’s also another sign that full cannabis legalization in the U.S. is coming sooner rather than later.
And it tells us that, despite a vicious sell-off in the sector last year, the legal cannabis profit trend is still closer to the start than the end.
The plants behind him in the photo may look like regular cannabis. But they’re hemp plants.
The cannabis that gets you “high” – often referred to as marijuana – typically contains somewhere between 18% and 30% THC. That stands for tetrahydrocannabinol. And it’s the compound that gives cannabis users a feeling of euphoria and relaxation.
Hemp, by contrast, is cannabis that has less than 0.3% THC.
And because it has only trace levels of THC, hemp has no intoxicating effects. It’s 100% legal at both the state and federal levels in the U.S. And it’s rich in a compound with huge promise as a medicine, CBD (cannabidiol).
Hemp also has tons of industrial uses. It’s used to make everything from rope, to clothing, to food, to paper and substitutes for plastics.
As colleague Teeka Tiwari revealed last week in his Freedom 2020 broadcast, that puts hemp on track to be the most valuable cash crop on the planet. And McConnell and other supporters – including President Trump – want the U.S. to be the world’s top hemp producer.
It’s also why a tiny, pre-IPO CBD business is Teeka’s No. 1 wealth-building opportunity of the new year. Learn more about that here.
And don’t worry if you’re still confused about the difference between the types of cannabis plants.
And as longtime readers know, they having nothing to do with health concerns… and everything to do with corrupt politics.
In 1971, President Nixon made all forms of cannabis, including hemp, a Schedule 1 substance.
Schedule 1 drugs are supposed to have no medical benefit and a high potential for abuse. They include some of the strongest drugs known to man, such as heroin and LSD (“acid”).
Clearly, cannabis and hemp don’t belong on the list. And a commission Nixon set up to investigate the health effects of cannabis backed this up. It found that cannabis was as safe as alcohol and recommended ending its prohibition.
So why was “Tricky Dicky” on the warpath against pot?
It was a way of hitting out at two groups he didn’t like – the anti-war left and African Americans.
One of his domestic policy advisors, John Ehrlichman, later told a reporter:
We knew we couldn’t make it illegal to be either against the war or black, but by getting the public to associate the hippies with marijuana and blacks with heroin, and then criminalizing both heavily, we could disrupt those communities.
Now, all forms of cannabis are moving out of the shadows and into the mainstream.
And this move has powerful backers, such as Senate Majority Leader McConnell.
He campaigned to federally legalize hemp in the 2018 Farm Bill. And got the bill passed through the Senate.
President Trump signed the bill into law on December 20, 2018. This lifted the federal ban on the sale, transportation, and possession of hemp-derived products – including CBD.
The Food and Drug Administration (FDA) has already approved a CBD-based drug, Epidiolex, for the treatment of severe forms of childhood-onset epilepsy.
And researchers believe we could use CBD to treat a wide range of other illnesses.
Nick Jikomes is a Harvard PhD in neuroscience. As he put it, “Perhaps the most remarkable thing about CBD is the sheer number and variety of its potential therapeutic applications.”
| Ailments Researchers Believe CBD May Treat | |||
| Symptoms relating to cancer and cancer treatments | Epilepsy and other neurological disorders | Anxiety | Depression |
| Insomnia and sleep disorders | Pain and inflammation | Asthma | Arthritis |
| Cardiovascular disease | Diabetes and diabetic nerve pain | Psoriasis | Muscle spasms |
| Multiple sclerosis | Post-traumatic stress disorder (PTSD) | Migraine headaches | Stress |
Another expert on the medical potential of CBD is Dr. Esther Blessing. She’s an assistant professor at New York University School of Medicine.
And she put it in even more dramatic terms.
“CBD,” she said, “is the most promising drug that has come out for neuropsychiatric diseases in the last 50 years.”
As I mentioned up top, it’s hard to tell hemp and marijuana apart. They look and smell almost identical.
And this is causing major headaches for local law enforcement.
Take what cops in Idaho dubbed the “biggest drug bust in state history.”
Last January, they stopped a truck carrying 6,700 pounds of what looked like marijuana. It was on its way to Denver, Colorado.
The cops arrested the driver… confiscated his cargo… and threatened him with up to five years in the slammer and a $15,000 fine for drug trafficking.
Three months later, a judge ruled that the cops had mistakenly identified hemp as marijuana.
Like the unfortunate cops in Idaho found out, this can lead to some embarrassing situations.
It’s putting pressure on lawmakers to end the confusion. And the easiest way to do that is full legalization of both plants.
After all, if prosecutors can no longer bring marijuana cases because it’s so similar to hemp, what’s the point of it being illegal?
It’s just one reason why we believe we’ll see fully legal cannabis in the U.S. within the next several years.
And it’s why we see lots of value right now in something like the ETFMG Alternative Harvest ETF (MJ).
This exchange-traded fund gives you exposure to some of the top global companies operating in the growing legal market. And it plunged 31% last year as cannabis stocks fell out of favor with mainstream investors.
As he’s been showing his readers, most of the gains in stocks happen before they go public and list on an exchange such as the New York Stock Exchange or the Nasdaq.
So to make windfall gains, Teeka says you need to invest in private cannabis companies before they go public… like venture capitalists do.
And he’s been racking up the air miles finding the best private deal. Here’s a picture of him returning from a scouting mission in the highland jungles of Colombia in a private jet.
|
Teeka on his way home from his investment-scouting mission in Colombia
And he’s found a way for you to be in on a pre-IPO deal with a billionaire… before it lists on the Nasdaq in 2020.
You need just a $250 stake to get in on this sweetheart deal. But you must act soon. Space is limited. And this deal closes forever at the end of the month.
To learn more, go here now before it’s too late…
As Teeka wrote here, he uses CBD to help him recover after lifting heavy weights at the gym. And he calls it a “miracle drug.”
Have you tried CBD? What do you use it for? Have you found that it helps? Share your personal story at [email protected].
Until tomorrow,
 |
Chris Lowe
January 13, 2020
Delray Beach, Florida
Like what you’re reading? Send your thoughts to [email protected].