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Vice recently produced a highlight reel covering 24 things that President Trump claims to be the best at.
We went through this highlight reel and recapped five claims due to the immediate impact cannabis would have on them. The claims we chose from President Trump were:
1) There is no one is better to people with disabilities
2) There is no one fighting more for the veterans
3) He knows the most about trade
4) No one in the history of this country has ever known so much about infrastructure
5) No one knows more about debt than him
Cannabis Supports People with Disabilities
Although researchers are just beginning to learn about the medical benefits associated with cannabis, they already know that cannabis can help treat several debilitating diseases and improve daily life for millions of people around the world.
Some of the illnesses it can help treat include: glaucoma, post-traumatic stress disorder (PTSD), epilepsy, anxiety, multiple sclerosis, Alzheimer’s disease, inflammatory bowel diseases, lupus, arthritis, Crohn’s disease, Parkinson’s disease, chronic traumatic encephalopathy (CTE), nausea, and many more.
Veterans Rally for Cannabis
There is enough clinical data and mountains of anecdotal evidence to say that cannabis has medical benefits, but it remains a Schedule I substance. Hundreds of thousands of Veterans have rallied for legal medical cannabis.
If there is no one better than you for the veterans, then legalize cannabis!
Colorado Infrastructure Benefits from Cannabis
Since 2014, Colorado’s infrastructure has seen a significant improvement and much of this is due to the tax revenue from legal cannabis. In 2016, Colorado generated more than $1.3 billion in revenue from the sale of legal marijuana and this provided the state with almost $200 million in tax revenue.
If the government starts to go after states with legal recreational cannabis programs like Colorado, we expect to see the pace of infrastructure improvements slow down significantly.
Our infrastructure already needs a facelift. Why not let cannabis be the reason why America has even better schools, roads, public services, and hospitals.
Rollback of Legal Cannabis to Cause Debt to Spike
President Trump has said that nobody knows more than he does about trade and debt. During his presidential campaign, he frequently rallied up his crowds by putting the blame on past presidents (especially Obama) for the incredibly high debt level. On this front, President Trump is right. America is currently drowning in debt. He is also right that Obama is the cause of this debt.
His execution is off though and he is listening to some of the wrong people. The rollback of legal recreational marijuana will not help reduce our debt levels. Shutting off this revenue stream and destroying hundreds of thousands of jobs will only exacerbate the current situation.
Canada Capitalizes on Cannabis Trade Opportunities
28 states have legalized medical cannabis and eight states and the District of Columbia have legalized recreational cannabis. This revolution is not just taking place in the America. We are seeing cannabis reform taking place all around the world as countries like Australia, Brazil, Canada, Germany, Jamaica, Mexico, Netherlands, Paraguay, Portugal, Puerto Rico, and Uruguay have taken steps to legalize cannabis.
When it comes to trade, legal cannabis represents a huge opportunity and the we are behind the curve. We are already missing out on billion-dollar opportunities and letting other countries capitalize on America’s absence.
An example of this is Canada. They are selling cannabis to Germany since it only allows medical cannabis to be imported.
Important Investor Disclosures
Disclosure. Compensated Affiliate. This report was authored by and is property of StoneBridge Partners LLC. All information and data relied upon in drafting this report is publicly available. The author believes and considers its sources to be reliable, but does not guarantee the accuracy or completeness of any information contained in this report. Any and all information, data, analyses and opinions are provided for informational purposes only and is not intended, in any manner, as investment advice. Any projections or other information generated by StoneBridge Partners LLC regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. None of the material contained in this report is intended as a solution or offer to sell or purchase a specific stock or any other investment. This report is not directed to, or intended for distribution or use by, any person or entity that is a citizen, resident or located in any municipality, state, country or other jurisdiction where the distribution, publication, availability, or use of this report is contrary to any governing law or regulation. The securities discussed in this report may not be eligible for purchase and/or sale in certain jurisdictions or by particular individuals. It is important that you check any and all governing laws and/or regulations that may be applicable in your jurisdiction. Investing in securities of issuers organized outside of the United States, including ADRs, entail certain risks. The securities of non-United States issuers may not be registered with, nor be subject to the reporting requirements of the United States Securities and Exchange Commission. Please contact a Financial Advisor for professional adviceregarding any and all securities investments. This report is intended for informational purposes only. StoneBridge Partners LLC’s officers, directors, employees, affiliates, or subsidiaries may have positions in securities covered by StoneBridge Partners LLC. StoneBridge Partners LLC receives compensation from the company and/or has a position in the securities mentioned inthis report
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