Cannabis Stocks Forum & Discussion

Welcome to the Cannabis Investing Newsletter Forum. This is for the cannabis stocks forum & discussion. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of, and analysis of, cannabis stocks. – D. H. Taylor

Notifications
Clear all

ITALY GOING LEGAL ?

7 Posts
4 Users
7 Likes
470 Views
Matthew Norris
(@birkboy91gmail-com)
Estimable Member
Joined: 11 months ago
Posts: 49
Topic starter  

Thought I would share this post from yesterday 1/12/2022. With Germany very likely going fully legal, I believe other European nations will follow suit. Just as Germany is about 83 million and a tremendous opportunity, Italy has a population of about 60 million. Germany and Italy alone are about 143 million people, let alone the rest of Europe at 605 million. Wow!

My point is that cannabis companies who are already established in Europe (or plan on doing so in the very near future) will have the opportunity of a lifetime to become massive players and generate substantial profits.

https://www.marijuanamoment.net/italian-officials-certify-signatures-for-national-marijuana-and-psilocybin-referendum/

 

This topic was modified 7 months ago by Matthew Norris

D. H. Taylor reacted
Quote
D. H. Taylor
(@dhtaylor)
Noble Member Admin
Joined: 2 years ago
Posts: 914
 

@birkboy91gmail-com

Thanks for posting this.  I think I saw this the same day you posted it.  I keep saying this to everyone: German legalization is far, far bigger than anyone wants to believe.  Italy will be next and the rest fall like dominos.  The big US MSOs are very likely going to start making moves.  


ReplyQuote



Matthew Norris
(@birkboy91gmail-com)
Estimable Member
Joined: 11 months ago
Posts: 49
Topic starter  

@dhtaylor Hey DH, you're welcome. I just think that it's easy to get so laser focused on the tremendous opportunity in the US, that other incredible opportunities (such as Europe) tend to get minimized.


TheQueen reacted
ReplyQuote
Scott U ungren
(@ungrenscottgmail-com)
Active Member
Joined: 1 year ago
Posts: 7
 

@dhtaylor The institutional ownership of IMCC is very impressive. I bought some for the IRA.


D. H. Taylor reacted
ReplyQuote



D. H. Taylor
(@dhtaylor)
Noble Member Admin
Joined: 2 years ago
Posts: 914
 

@ungrenscottgmail-com Hey Scott… This is a work in progress. These guys will build up an impressive company over a longer period of time.  But, I also think they will merge/acquire along the way; most of these companies have will. Given that, and especially since you’re using a retirement account, your longterm approach will pay off very nicely. 


ReplyQuote
#1
 #1
(@1)
Reputable Member
Joined: 5 months ago
Posts: 156
 

 I think it will likely happen to some extent, but they have problems, I think.

A Problem with any country making marijuana legal is there can be international type restrictions that don't allow it.

I watched an interview with CEO of Khiron and a couple other people, and they mentioned that somebody was actually trying to sanction Canada like the US does with Russia, and fore Canada to make marijuana illegal to comply with some type of international law or something like that.( I don't know if it was a person, organization, some particular countries government, I don't know, but it certainly got my attention)

I think Italy faces similar problems and I think the news release touches on that a little bit.I think all of Europe face similar problems if the U.S. or some other country doesn't take the lead on that sort of thing.

I saw a video with Bruce Linton on Dales report comment how the USA is so darn slow basically to get things going, far behind other countries, when we should probably be leading the way. Paraphrasing not a quote, just kind of the jist of the conversation.

I think the U.S. Lawmakers nee to take the lead on this, get marijuana legal, set up import/ export with other countries, maybe some tariff discussions, as well as Interstate import export from State to State, in the US.

If lawmakers don't act soon the U.S. will fall way behind, and not only that, the issues that the U.S has with basically surplus flower, as well as Canada, might get much worse, if regulations, import export deals aren't set up with other countries and Interstate as well.

These are the things investors IMHO should be calling and emailing their lawmakers at State and federal level everyday, non stop until they do something, or better yet, run for office.  JMHO.

 


ReplyQuote



D. H. Taylor
(@dhtaylor)
Noble Member Admin
Joined: 2 years ago
Posts: 914
 

@cannabis-investing @ungrenscottgmail-com @birkboy91gmail-com 

I think the ball started rolling on this and I’m not so certain that there is going to be anything that stops it.  But, I do not see this all happening all at once in a short period of time.  This will take time.  Years.  That being said, I was told by several Germans that it would never happen in Germany.  I was just told that about 3-4 months ago.  Ummm…. ???

As for Canada getting sanctioned, I wonder which countries would actually do that?  After all, Germany just legalized and from this, that is a gateway towards other countries doing the same.  There may be some restrictions in the EU, but the Union is largely a French/German experiment that they allowed all of the others to join.  Germany ultimately dictates the EU with their sheer size and magnitude comparatively.  Also, isn’t cannabis and just about any other drug available in the world legal in Amsterdam?  Yup.  That being said, no sanctions there.  Not even from the US who would have possibly done that decades ago just to be the way they are.  

This will take time, bu the bigger countries are likely to get there.  The real problem with Italy is that they are so unbelievably dysfunctional.  That is likely the biggest obstacle there.  


ReplyQuote

Leave a reply

Author Name

Author Email

Title *

Maximum allowed file size is 10MB

 
Preview 0 Revisions Saved
Share:



Copyright Cannabis Investing Newsletter 2021 - 2022