MY ONLY POSITION IN THIS SECTOR – IT’S MASSIVE!

There are companies that give me a certain feeling, an intuitive sense that I’m onto something unique. The more I peel the onion, the better it gets.

I’ve owned cannabis stocks in the past. Since 2016, I’ve owned several and have seen charts of companies that have found their niche carving out hockey-stick patterns.

When done right, getting involved in this sector could be rewarding. Today, I want to show you why this company is the only one I plan to own in this sector!

As you know, voters passed Proposition 215 in 1996, California’s Compassionate Use Act, which legalized the cultivation, possession, and use of marijuana for medical purposes. This laid the groundwork for future laws across the country.

Between 1998 and 2013, 19 other states and the District of Columbia passed laws that enacted some measure of legal medical marijuana. From 1998 through 2011, Alaska, Oregon, Washington, Colorado, Hawaii, Nevada, Montana, Vermont, New Mexico, Rhode Island, Michigan, New Jersey, Arizona, the District of Columbia, and Delaware all legalized the use of cannabis for medicinal uses.

I began to get interested in this sector when Washington and Colorado legalized small amounts of marijuana for personal recreational use in late 2012.

Courtesy: LA Times

The various states are seeing the benefits of cannabis law reform. States are using the proceeds to fund education, healthcare, infrastructure, and other initiatives.

On November 5, 2013, I truly knew that it’s a question of when, not if, we will see multibillion-dollar cannabis businesses operating in North America. It was when these events occurred:

  • Colorado voters backed a tax on recreational marijuana to pay for the cost of overseeing the state’s marijuana industry and school construction.
  • Voters in three Michigan cities approved legalizing the possession of up to an ounce of marijuana.
  • In Portland, Maine, voters passed an ordinance legalizing the possession of up to 2.5 ounces of marijuana by adults over 21, making it the first east coast city to pass such a law.

After that, it was basically a domino effect when it came to cannabis decriminalization.

The Farm Bill that Trump signed in late 2018 was a huge step forward for the CBD market since the cultivation of hemp was finally decriminalized in America.

For me, the most important progress came in 2018, when Bill C-45 (the Cannabis Act) was passed into law in Canada, making recreational marijuana use legal throughout the nation!

A Gallup poll in November 2020 showed that 68% of Americans, a record high, favored legalization.

With that, 15 states and the District of Columbia had legalized cannabis for adult recreational use and 36 states permitted it for medical use by the end of 2020.

Senate Majority Leader Chuck Schumer has vowed to push for sweeping legislation in 2021 that would end the federal prohibition on marijuana. This is one of the chief reasons I took a major position in BevCanna Enterprises Corp. (CAD: BEV & US: BVNNF)!

Courtesy: seeker.io

BevCanna Enterprises (US: BVNNF) is the complete package, in my opinion!

The company generates revenue in Canada, and the United States, and has a multi-channel sales and distribution network comprised of CPG retail, direct to consumer e-commerce, and recreational cannabis retail channels, and strategically owns and operates CPG and cannabis dedicated manufacturing facilities that produce a range of plant-based and cannabinoid beverages and nutraceuticals for both in-house brands and white-label clients. Tomorrow, I’m going to elaborate on all of the above!

The bottom line is the company is in the unique position of being one of the only fully licensed, in-house and white-label beverage manufacturing companies that distributes both conventional CPG and cannabinoid-based beverage and wellness products, with $55M+ in assets on the balance sheet, and a global multi-channel sales and distribution network positioned for growth.

This, as I see it, is a significant growth catalyst.

Conduct your research on BevCanna Enterprises (US: BVNNF)!

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    Compensation

    On March third twenty twenty one, in connection with our agreement with Bevcanna Enterprises Inc., we received USD five hundred thousand dollars, from Bevcanna Enterprises Inc. On March 9th, 2021, we purchased 2.5 million warrants directly from the company.