The Virus is Breathing New Life Into This

One industry is witnessing a resurrection from the coronavirus. And it's not the one you think... [Outsider Club logo] The Virus is Breathing New Life Into This [Jimmy Mengel Photo] By [Jimmy Mengel]( Written Jun 11, 2020 The law of unintended consequences is — as far as laws go — a pretty interesting one. It‘s been used by famous philosophers and economists, from Adam Smith’s “invisible hand” to John Locke’s interest rate experiments, to explain away the problem of trying to predict things. It boils down to this: the actions of people and governments always have effects that are unanticipated or unintended. Viruses, however, do not share the critical thinking of philosophers or economists. They don’t care about their impact, they simply exist. It’s up to the rest of us to try and make sense of their aftermath. This has played out in many ways during the coronavirus. We’ve lived through quarantines, mass layoffs, stock market fluctuations, and historic Fed intervention. Of course, there is also the civil unrest, political posturing, the uprooting of traditional education, the horrors of a home haircut before an important Zoom call — I’m sure I needn't go on. We’ve all lived it. Investment-wise, we’ve seen some wild stuff in the past few months. But I just want to talk about one thing today. If you told me at the end of last year that a global pandemic was just what the cannabis industry needed to start the second boom, I would have told you to stop getting high on your own supply. But that is exactly what has happened... [MAJOR BUY ALERT: Act now, Wall St/Trump/Fortu...]( "I just got back from Trump Tower... And based on what I saw there, I'm prepared to put my reputation on the line. Since 2016, my investment recommendations have averaged 154% per year. (That's 10x the S&P. And 81 times the average investor, according to JP Morgan.) One investment I just uncovered could top them all... It involves President Trump, billions of dollars, huge banks, as well as Warren Buffett. Not to mention a MAJOR upgrade to our credit and debit cards... If you make just one investment in this new decade, [I recommend this be it](." Cannabis is flying off the shelves. Most states have deemed cannabis dispensaries “essential businesses.” Stock price gains have hit triple digits for some of the larger producers that had previously looked like dead men walking. Since bottoming out in March, the Horizons Marijuana Life Sciences ETF (TSE: HMMJ) — which tracks all of the major global cannabis players — has gone up almost 70%. [HMMJ] That's because — as I've told readers in the past — cannabis is actually as close as you can get to a recession-proof industry. Much like ATF stocks (alcohol, tobacco, and firearms), consumers put their money into things that may seem strange when you call them “essential”, but are actually more important to people than most of us realize. Cannabis stocks are going to continue their climb, especially once the virus subsides, but it's not for the reason you think. COVID-19 still has one more trick up its sleeve, and it could blow the doors for cannabis investing wide open... [Could All 50 States Really Legalize Cannabis?]( Now, I’ll be honest... if you’d said just a few months back that I’d be talking to you today about the possibility of all 50 U.S. States legalizing cannabis in one massive wave... Well, I would have said: “you’re crazy!” But times have changed, and quite suddenly. COVID-19 has done an incredible amount of damage this country — and states have been hit especially hard. They’re hemorrhaging money. And the outlook for state tax revenue continues to only get worse. This is where cannabis comes in: with the stroke of a pen, states can legalize cannabis and create a brand-new stream of tax revenue — instantly. States aren’t the Federal government. They can’t print money to get themselves out of the hole they’re in. For states, new streams of tax revenue are the only way out. A sudden wave of new state legalizations is certain to create an unprecedented cannabis boom: and early investors will make a complete fortune. It could happen much faster than you think — [let me explain how to get in while there’s still time.]( Now, I've discussed before just how much cannabis people are buying during the lockdown. People are loading up on cannabis like they are with toilet paper, hand sanitizer, and canned goods. Recreational sales are up triple digits in some areas of the country. But there is another byproduct of the recent crisis that many people aren't really talking about. Once the virus has subsided, states will be left with millions of unemployed Americans, thousands of shuttered businesses, and massive amounts of debt. Here’s what cannabis could bring to each and every state: - Billions of dollars in tax revenue (for years to come) - 1 million+ high-paying, disaster-proof jobs - An entirely new production chain that helps everyone — from depressed rural areas to urban city centers What better time to slide in cannabis legalization to help ease the massive burden? With the stroke of a pen, states can legalize cannabis and create a brand-new stream of tax revenue — instantly. This isn't just my theory... DataTrek Research's Jessica Rabe just released a report detailing a similar thought process. In the report, Rabe argues that cannabis legalization could help cover a significant portion of the revenue shortfalls that will be created by pandemic subsidies. “Unlike the federal government, states can’t print unlimited amounts of money,” Rabe said. It’s logical to expect that after the pandemic, state and local governments will face massive shortages in tax revenue brought by decreased commercial activity and a rise in unemployment. For Rabe, the best solution for states is to legalize and tax cannabis sales in order to create a new stream of strong, reliable revenue. Let's look at Colorado, which has fewer than 6 million citizens, but managed to raise more than $300 million last year in marijuana taxes and revenue from licenses and fees. Colorado is the perfect template for states like New York, where annual fiscal revenue is expected to fall $4 billion to $7 billion lower due to COVID-19. More jobs, more commerce, and more tax revenue? I'd say that is low-hanging fruit for all states trying to recover from this crisis. I wouldn't be surprised if every single state goes all-in on legal cannabis. I have the single best way to play it... [China Attacks the U.S. With Lasers… Every. Single. Day.]( Have you heard about this? I hadn’t either. But it’s a fact: every single day China uses weapons on U.S. soldiers, many times resulting in damage and injuries. It’s gotten so bad that even The Wall Street Journal published a story about how China is using low-powered lasers to harass military planes... And now China is taking the fight to the next level with “magic crystals” that can produce high-powered lasers unlike anything we’ve ever seen before. In short, China has built a “Death Star.” The only way we can counter it is with laser weapons of our own... That’s why in 2018 Congress authorized $317 million to build America lasers (the largest amount in history). I’ve found the only laser defense firm in the world (outside of China) that can build what America needs — and early investors in this firm will retire early. [Click here for the full story.]( One U.S. cannabis company has flown completely under the radar. In the last six months, it's amassed an incredible quarter billion dollars of funding and is fixing to sweep up the cannabis companies that fit into the founder's mission plan. Over the last year, it has been on an acquisitions tear, scooping up no less than 11 other U.S. cannabis companies. It already has active clients in 17 different states and Puerto Rico. Internationally, the company provides services to clients in Australia, Canada, Germany, and South Africa. It's not only quietly taking over the U.S., it's going global. Remember, I was the very first to visit and predict the rise of Canopy Growth — which has now become the largest cannabis company in the world. (That one prediction alone made me and my readers 3,220%). I'm completely convinced that, in the U.S., cannabis is like Canada years ago. You will want to take a look at [this company]( before you start reading about it months from now. [Everything you need to know is right here.]( Godspeed, [Jimmy Mengel] Jimmy Mengel [follow basic]( [@mengeled on Twitter]( Jimmy is a managing editor for [Outsider Club]( and the investment director of the personal finance advisory, [The Crow's Nest,](and cannabis stocks advisory, [The Marijuana Manifesto.]( For more on Jimmy, check out his editor's [page](. *Follow Outsider Club on [Facebook]( and [Twitter](. Enjoy reading this article? [Click here]( to like it and receive similar articles to read! Browse Our Archives [This Market Is Set to Grow 123%]( [The Golden Cycle Reemerges]( [Hydrogen Trains Keep Chugging Along]( [I've Never Seen a Gold Miner Like This One]( [The Death of Public Trust]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Outsider Club, please add newsletter@outsiderclub.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. [Outsider Club](, Copyright © 2020, [Angel Publishing LLC]( & Outsider Club LLC, 304 W Pacific Avenue, Suite 210 Spokane, WA 99201. For Customer Service, please call (877) 303-4529. All rights reserved. [View our privacy policy here.]( No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. Angel Publishing and Outsider Club does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. This letter is not intended to meet your specific individual investment needs and it is not tailored to your personal financial situation. Nothing contained herein constitutes, is intended, or deemed to be – either implied or otherwise – investment advice. Neither the publisher nor the editors are registered investment advisors. This letter reflects the personal views and opinions of Nick Hodge and that is all it purports to be. While the information herein is believed to be accurate and reliable it is not guaranteed or implied to be so. Neither Nick Hodge, nor anyone else, accepts any responsibility, or assumes any liability, whatsoever, for any direct, indirect or consequential loss arising from the use of the information in this letter. The information contained herein is subject to change without notice, may become outdated and may not be updated. Nick Hodge, entities that he controls, family, friends, employees, associates, and others may have positions in securities mentioned, or discussed, in this letter. No part of this letter/article may be reproduced, copied, emailed, faxed, or distributed (in any form) without the express written permission of Nick Hodge or the Outsider Club. Unauthorized reproduction of this newsletter or its contents by Xerography, facsimile, or any other means is illegal and punishable by law. ---------------------------------------------------------------