Crackdown on Illicit Dispensaries Will Fuel Surge in Profitability for Legal Providers

Please do not reply to this message, as replies are routed to an unmonitored mailbox. You are receiving this email as a part of your subscription to Cannabis Profits Daily. If you have any questions or would like to change free your email settings, please reference the contact information at the bottom of this email. [Cannabis Profits Daily] Saturday, December 15, 2018 Crackdown on Illicit Dispensaries Will Fuel Surge in Profitability for Legal Providers By Greg Miller At the National Institute for Cannabis Investors, we've talked a lot about the [transition from illicit cannabis to legal cannabis]( and how that can make millions for savvy investors. But the mechanics of doing so are more difficult and complicated than they sound. So, while in most markets consumers had to buy their cannabis on the sly and risk getting arrested, in places like California and Canada with a robust "grey market" consumers had the option of choosing illegal but tolerated stores where they could purchase product without fear of arrest and with some assurance of the product's quality. However, one of the main aims of legalizing cannabis in both Canada and California was to stamp out that illicit market. It's starting to happen - and it's good news for investors. California is starting to crack down on illicit dispensaries and growers. The state had mostly left them alone in 2018 as they encouraged the "grey market" to get licensed or risk becoming a black market. Now that some time has passed California has decided that enough is enough and it is closing those operations which refused to get licensed. One operation recently seized 400,000 cannabis plants. That's 400,000 plants which would not have resulted in tax revenue or benefitted operators that play by the rules. And now it's 400,000 plants' worth of products which will be purchased in one of the legal dispensaries instead. Dozens of other closures are beginning to happen in California, with dispensaries and growing operations both in jeopardy. A similar dynamic is happening in Canada. Just this Thursday, the Supreme Court of British Columbia ordered all unlicensed dispensaries to close or face penalties. And unlike in California, that order comes amid a legal cannabis shortage brought on by the massive demand which occurred on October 17, the first day of legal sales there. The National Institute for Cannabis Investors is seeing similar crackdowns in smaller jurisdictions with a large illicit cannabis infrastructure, like Washington and Oregon. All of this will benefit investors in publicly traded licensed cannabis dealers. Imagine if Altria Group, which recently bought 45% of Canadian cannabis giant Cronos Group, had to compete with thousands of illegal untaxed cigarette makers. You can see both the problem legal operators face and the benefits that come from solving that problem. This [change in attitudes or strategies by the authorities in legal-cannabis states]( is an underrated part of cannabis' story arch that is needed to help the legal market continue to grow to its potential. Thanks for being an important part of the National Institute for Cannabis Investors, Greg Miller Executive Director, National Institute for Cannabis Investors The Stock Screener Every Cannabis Investor Should Be Using Over the years, the team here at the Institute has noticed a trend. If you want to beat Wall Street, if you want to trade like America's elite, you need to have [this one invaluable tool]( in your arsenal. Not only does it help you cut through the market noise, it also helps pinpoint the most lucrative profit opportunities in the game. And if you [click here]( we can show you how you can get this powerful investing tool at your fingertips. [A Congress game changer: John Boehner said WHAT about marijuana?]( In the [first event of its kind](, we brought together the cannabis industry's heaviest hitters for one reason - to show you how to get rich from America's biggest cash crop. Former Speaker of the House, John Boehner, just revealed the three events set to catapult the industry... and your potential profits. [Take a look](... [Why Smart Cannabis Taxation Inspired the Fix for Industry's Biggest Problem]( The state with one of the most successful cannabis program phase-ins has a plan that could solve an issue that has been dogging even the best U.S. companies on a daily basis. [See more by clicking here](... [You could make millions from America's next cash crop]( The cannabis industry is taking off - even its most staunch opponents have come around. Former Speaker of the House John Boehner is telling Americans to go "all-in" on this $10.8 BILLION industry. And he's revealing three events set to unleash the profit opportunity of a lifetime. [Full story](... --------------------------------------------------------------- You are receiving this e-mail at {EMAIL}, as a part of your subscription. Remove your email from this list: [Unsubscribe]( © 2018 The National Institute for Cannabis Investors All Rights Reserved The National Institute for Cannabis Investors | 1125 N Charles Street | Baltimore, MD 21201 Toll Free: 866.260.0361; International: 410.777.8270 [Contact Customer Service](mailto:support@nicinvestors.com?subject=Cannabis%20Profits%20Daily%20Question) Website: []( Nothing in this email should be considered personalized financial advice. 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