Red States Are Joining the Cannabis Revolution

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Tuesday, February 26, 2019 Red States Are Leading the Way for Cannabis Banking Reform By Greg Miller You've heard me talk a lot about the trouble U.S. cannabis companies have with the banking sector. As you know, cannabis is still illegal under federal law, and banks don't want to be accused of working with an "illicit" business. Today, I want to make sure you know why I'm releasing so many cannabis banking reports. It's part of a story that I'm following closely - one I will continually expand upon in Cannabis Profits Daily - because when we reach the final chapter, the investors who got in early could be the ones to reap the biggest rewards. Right now, we are in the "Land Rush" stage where companies are staking their claim in what could be a $1 trillion market. After that, we're going to reach the "Settlement" stage, and that is when we will see a number of major changes, including banking reform. Finally, we'll reach the "Maturity" stage, and that's when early investors could be the ones to sit back and count their riches. Now, it's true there are examples of banks working with cannabis companies and statewide programs trying to get established. In California, for example, there's a push to make banking access more available to cannabis companies. Hardcar Security started working on a pilot program in 2017 that helped the largest cannabis accounts in California deposit money. Hardcar deposited cash in the Federal Bank of San Francisco for large accounts, according to Green Market Report. The Golden State has a ton of money to spend - California was the world's fifth-largest economy in 2018 - and cannabis consumption is ingrained in the state's culture. You would think that if any cannabis business would need to work with a bank to handle large amounts of cash, it would be in California. However, they are having a rocky start to legalization, and the industry isn't as large as state politicians expected. I'm going to talk about that more in Cannabis Profits Daily later this week. But what's really encouraging is smaller banks in "Red" states pushing to make banking easier for marijuana entrepreneurs. In case you missed it, I recently wrote a report about a bank in Arkansas that is taking a stand and working with medical cannabis companies. In fact, there's something even bigger brewing in West Virginia... Cannabis Investors: Pay Attention to Banking This IPO Explosion Could Mint a New Generation of Millionaires These Cannabis Cryptos Are Pure Gambling Don't Fly Blind! Get the Cannabis Information You Need to Maximize Your Profits You wouldn't want to ride on an airplane where the pilot has been given the wrong coordinates. Why would you want to invest in a stock based on the wrong information? But the latter is exactly what is happening if you're relying on information about cannabis stocks from many financial website's free and well-known platforms. The Institute digs deep and turns over every stone to ensure information like share counts, market caps, and what is really promised out to early investors in a company is available at your fingertips. Just click here to find out how to get the real data on more than 100 of the biggest, most tradeable cannabis stocks before you invest your hard-earned money. Former Speaker of the House John Boehner just joined the cannabis industry's biggest players to cover everything you need to know about America's next unstoppable economic revolution. At our event, they explained how cannabis could become our next $1 trillion industry... every step to full legalization... how the average American can profit from this explosive phenomenon... and John Boehner's SHOCKING marijuana prediction. 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