This Change Is About to Send California’s Cannabis Market Soaring

0 | By Michael A. Robinson

Whenever I want to know what’s happening in the legal cannabis market, I don’t have to go very far.

After all, I live in the hills near Oakland, Calif., which has served as the epicenter for the legal marijuana industry since 1996, when California approved medical use.

This place is all about legal cannabis.

There’s even a district downtown known as Oaksterdam, which is lined with several legal cannabis retail outlets, not to mention a patient co-op and a marijuana school. Plus, nationally known cannabis industry research firm, the Arcview Group, is based there as well.

So I’m happy to report that, on a visit to a couple of stores last week to talk to sales folks and get their take on how things are going, I got a very upbeat report. Data is not yet available, but retailers say sales are up sharply.

And, like me, they’re expecting a great 2019.

After a rocky start to its recreational market in 2018, that California comeback is one of the reasons why I think we will see a very robust year for the industry nationwide.

Check out what I see in store…

Marijuana Gets Some Southern Exposure

0 | By Michael A. Robinson

As you’re well aware by now, I’m a pot stock enthusiast, and think investments in the right cannabis companies represent some of the best opportunities on the market right now.

That’s because… when laws pass, stocks soar.

In the past few years, we’ve watched 33 states and Washington D.C. greenlight medical and/or recreational cannabis. That means that most Americans are living in states with some form of legal marijuana.