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Last week, White House Press Secretary Sean Spicer indicated the government may “step up” efforts to enforce federal marijuana laws, in direct opposition to several states, such as Colorado and California, that have legalized cannabis for recreational use. And this week, Attorney General Jeff Sessions did anything but walk those comments back when he said “it remains a violation of federal law to distribute marijuana… whether a state legalizes it or not.”
Spicer and Sessions’ ominous statements galvanized cannabis industry players, insiders, and activists, even as they sent marijuana stocks into a “Trump slump” of their own.
Now, I’ve suggested my Nova-X Report readers who’ve been playing the stocks in our weed investors’ “bible,” The Roadmap to Marijuana Millions, treat this downturn as a chance to use my “Cowboy Split” strategy to add to positions that have already paid triple-digit gains.
But I completely understand why regular investors playing this lucrative trend might be nervous.
So let me tell you why I’m not nervous at all. It has to do with a powerful, unlikely “Red-Blue” coalition that isn’t going to take any renewed assault on legal pot lying down.
But more than that, it has to do with unstoppable momentum…
Tags: marijuana stocks
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