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Gold Could Skyrocket to Record Heights

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streetauthority.com

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Mon, Aug 26, 2024 11:30 AM

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The Green Scene: Interview with a Cannabis Industry Expert The US Census Bureau predicts that gold c

The Green Scene: Interview with a Cannabis Industry Expert [StreetAuthority]    From Our Partners  [Gold Could Skyrocket to Record Heights]( The US Census Bureau predicts that gold could skyrocket $12k per ounce by 2040. For this reason, we’ve compiled a list of the best gold plays to make right now – and we’re giving it away for FREE. This special report, “Top 5 Gold Plays for 2024” outlines the best gold stocks for every investor to consider, and you can claim your free copy right now. [Simply click here to claim your free copy.](   The Green Scene: Interview with a Cannabis Industry Expert By John Persinos  I recently conducted a Q&A with Jordan Tritt, CEO and co-founder of [The Panther Group](, a cannabis investment group and business advisory firm. Jordan [pictured] is a 10-year cannabis investing veteran. I edited our discussion for the sake of concision. My questions are in bold. What are the odds of the U.S. federal ban getting lifted next year? The current move in Washington is to reschedule marijuana from Schedule I to Schedule III, and I think that’s the best we are going to get for a while. Before we see federal legalization, the federal government will probably want to scrutinize a lot more data and research. Besides, it takes time to set up the rules and regulations for a nationwide program. Marijuana equities have rebounded in 2024. What’s driving the rally in pot stocks? Investors recognize the cannabis industry is here to stay and the worst is likely behind the industry. With federal rescheduling moving toward a conclusion, there is increased support for medical cannabis across the political spectrum. The cannabis reform movement has bipartisan support and a Democratic ticket that supports cannabis legalization. There has never been this much visible support across the country. Does the marijuana equity rally have momentum to extend into 2025? The industry’s current momentum will likely carry into 2025. The fundamentals of the leading companies will continue to get stronger due to the removal of 280E tax restrictions, the availability of lower-cost capital, and other positive catalysts associated with rescheduling. Section 280E disallows all deductions or credits for any amount paid or incurred in carrying on any trade or business that consists of illegally trafficking in a Schedule I or II controlled substance. A reschedule to Schedule III would remove this burden from cannabis businesses. [Read More...](   [Up to $1,200 a week in a bear market]( Question: Can you guess which stock market strategy works in both bear and bull markets… Happens every Thursday like clockwork… and could have you sitting on up to $1,200 in 2 minutes flat? I’ll give you a hint: It doesn’t involve holding stocks at all... Yet over the past 12 years, it’s paid out 95% of the time it’s been put into action… Interested in adding this “odd” strategy to your investing armory? [Get the full details right here.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.

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