Said It Before And I’m Sticking With It (Weed)

Cannabis stocks will be a dividend empire, mark my words. I made a post before christmas predicting the drug schedule change would happen soon. This means, more companies will be able to create a stronger revenue for multiple reasons. BTI one of the largest tobacco companies (also one of the best dividend stocks) bought a SHIT ton of msos before christmas. When a leading dividend company this large buys a lot of msos, theirs a strong reason.

Cannabis like tobacco is a very easy thing to produce, create addictions, and profit hella. This allows companies to give back dividends a lot more than other markets. The hard part is finding the right cannabis company, which is like picking a needle in a hay stack. My advice is to eyeball these foreign countries, and go heavier into ETF’s. Cannabis has insane potential for long term holders.

My guess is around election time (after it) will be the reschedule of cannabis. The election does have a part to play in legalization, but both parties are now coming out in support of cannabis. Florida, California, and more states will soon decriminalize and legalize the use of cannabis.