What the Infrastructure Bill Means for Marijuana Stocks

基础设施法案对大麻库存意味着什么

2021-08-23 20:30:09 PROFIT

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It doesn’t matter if you have a disdain for politics -the marijuana industry is heavily tied to legislative machinations. When it comes to U.S. marijuana legalization, which is sure to generate the most momentum in the market due to America’s size and consumer spending potential, we’ve just encountered what could be a huge boon for marijuana stocks. And, surprisingly, the good news comes from a bit of politicking that has nothing (directly) to do with marijuana stocks. Allow me to explain. Recently, the House and Senate passed a bipartisan infrastructure bill that, among things, seeks to improve roads, bridges, internet, freight and rail, and a whole host of other needed infrastructure improvements. The important takeaway for marijuana investors, however, is not so much what the bill contains (though that does also bode well for pot stocks and we’ll go over that below) but instead is how the bill passed. This bipartisan infrastructure bill was exactly that, bipartisan. A rare, rare word to see coming out of Washington these days. The bill had the support of 69 senators. On divisive spending bills like infrastructure, which has a price tag of over $1.0 trillion, this is rare indeed. (Source: “Senate passes $1 trillion infrastructure bill after months of intense bipartisan talks,” CNN, August 11, 2021.) But here’s something that it proves: bipartisanship isn’t completely dead. For years, it was looking like we’d entered some ossified state of democracy where no politician was willing to compromise on even common-sense spending. The political deadlock ensured that only when in control of slim majorities could Congress actually, you know, do its job and pass legislation. And that was the exact problem we’d encountered with marijuana legalization in the U.S.; with only a one-seat majority in the Senate, any marijuana legalization bill would have to include either every Democrat or, if they lost some of the more conservative senators, they’d need a Republican to cross the aisle. Again, that seemed downright unfathomable . . . until today. This bipartisan bill shows that there can indeed be compromise between the two ruling parties, even if it is rare. And considering that this is largely voluntary spending (I mean, that point could be argued when you see bridges crumbling and roads in disarray and people stranded in internet wastelands, but I digress) that’s even better news for marijuana stocks. You see, what this is telling us is that there is room for a potential bipartisan marijuana legalization bill in the U.S. What would it take? A lot of compromise, to be sure, and there certainly would be some sticking points. Democrats, for instance, often want to include full expulsion of non-violent marijuana-related crimes and the release of the people locked up for said crimes. Many conservatives on both sides of the political divide would likely have a problem with this policy. And there’s also a question of taxation, regulation, licensing, packaging, marketing, etc. In other words, there’s a lot to consider. The good news is that we now have dozens of successful pilot programs in states across the Union from which the feds could pick their favorite aspects. That would make creating a bill from scratch a lot faster. And it could also help eliminate some of the potential sticking points that the parties might face when passing this hypothetical legislation. But, overall, this is really good news. Considering that there are many pro-business Republicans that would love to see marijuana legalized, there now exists an opportunity for there to be some real bipartisan action on pot legalization. That doesn’t mean it’s going to happen overnight, of course, but it does mean that we won’t necessarily have to wait for a supermajority of one party. The other good news is that infrastructure bills are almost always solid investments. Think of the highways and how much revenue they’ve generated over the decades-we’re talking billions. This infrastructure bill, while unlikely to reshape America in the same was as the railroads and highways of yesteryear did, will still help drive commerce and modernize shipping channels. All this to say that investment in infrastructure is almost always a boon to businesses, and marijuana stocks will be no exceptions. If they can cut down on shipping time as a result of these road improvements and other aspects of the bill, then we’ll see that efficiency reflected on marijuana stocks’ quarterly reports. And considering that investors are mainly concerned with growth right now (as they should be-this is a emergent industry, after all), then any opportunity to show revenue gains quarter over quarter is a great way to stimulate share price growth. All this to say that this bill, while not monumental for marijuana stocks, certainly has more than a few features that should have people excited about the future. What’s more, it’s shown that bipartisan action is possible in the U.S. And marijuana legalization is something maintains bipartisan support. I’ve written for years about how politicians can only deny the will of the people who elected them to office for so long. Eventually they’ll have to make a move on marijuana legalization. And in this case, we could see that move much earlier than I first expected. Marijuana has always been closely tied to the legal machinations of the U.S. But right now, with some actual bipartisan action taking place, we have cause for celebration that there is hope that Congress can, you know, actually do something for once and work together to legalize marijuana. Considering how popular that move is with the American people, I’d say it’s only a matter of time, but when it comes to Congress, anything absurd and stupid is possible. Still, this infrastructure bill is a strong start, and will also have some positive direct consequences as well for marijuana stocks, generating even more optimism in the market in my eyes.
如果你鄙视政治并不重要(坦率地说,现在几乎很难不这样做)--大麻行业与立法阴谋密切相关。谈到美国大麻合法化,由于美国的规模和消费者支出潜力,这肯定会在市场上产生最大的势头,我们刚刚遇到了对大麻股票来说可能是一个巨大的福音。 令人惊讶的是,好消息来自于一点与大麻库存无关的政治活动。 请允许我解释一下。 最近,众议院和参议院通过了一项两党基础设施法案,其中之一是寻求改善道路、桥梁、互联网、货运和铁路,以及一系列其他需要的基础设施改善。 然而,对大麻投资者来说,重要的收获与其说是该法案包含了什么(尽管这对大麻股来说也是个好兆头,我们将在下文讨论),不如说是该法案是如何通过的。 这项两党基础设施法案正是这样,两党的。这是华盛顿最近很少看到的一个词。该法案得到了69名参议员的支持。在基础设施等价格超过1.0万亿美元的分裂性支出法案上,这确实很少见。(来源:“参议院经过数月紧张的两党会谈通过1万亿美元的基础设施法案”,CNN,2021年8月11日。) 但这证明了一件事:两党合作并没有完全消亡。 多年来,我们似乎进入了某种僵化的民主状态,没有一个政治家愿意在即使是常识性的支出上妥协。 政治僵局确保了只有在控制微弱多数的情况下,国会才能真正履行职责,通过立法。 这正是我们在美国大麻合法化时遇到的问题;由于参议院只有一个席位的多数席位,任何大麻合法化法案都必须包括每个民主党人,或者,如果他们失去了一些更保守的参议员,他们需要一名共和党人穿过过道。 同样,这似乎是彻头彻尾的深不可测。..直到今天。 这项两党法案表明,两个执政党之间确实可以有妥协,即使是罕见的。考虑到这在很大程度上是自愿支出(我的意思是,当你看到桥梁倒塌、道路混乱、人们被困在互联网荒地时,这一点可能会被争论,但我跑题了),这对大麻库存来说甚至是更好的消息。 你看,这告诉我们,美国有潜在的两党大麻合法化法案的空间 需要什么?当然,有很多妥协,肯定会有一些症结。例如,民主党人经常希望包括全面驱逐与大麻有关的非暴力犯罪,并释放因上述犯罪而被关押的人。 政治分歧双方的许多保守派可能对这项政策有意见。 还有一个税收、监管、许可、包装、营销等问题。 换句话说,有很多事情要考虑。 好消息是,我们现在在联邦各州有几十个成功的试点项目,联邦调查局可以从中选择他们最喜欢的方面。 这将使从头开始制定法案的速度快得多。这也有助于消除各方在通过这项假设立法时可能面临的一些潜在症结。 但是,总的来说,这确实是个好消息。考虑到有许多亲商业的共和党人希望看到大麻合法化,现在有机会在大麻合法化上采取一些真正的两党行动。 当然,这并不意味着这将在一夜之间发生,但这确实意味着我们不必等待一个政党的绝对多数。 另一个好消息是,基础设施法案几乎总是可靠的投资。想想高速公路,几十年来它们创造了多少收入--我们说的是数十亿。 这项基础设施法案虽然不太可能像过去的铁路和公路那样重塑美国,但仍将有助于推动商业和航运渠道的现代化。 所有这些都表明,基础设施投资几乎总是对企业的福音,大麻库存也不例外。 如果他们能够通过这些道路改善和法案的其他方面来缩短运输时间,那么我们将看到这种效率反映在大麻库存的季度报告中。 考虑到投资者现在主要关心的是增长(他们应该是这样--毕竟这是一个新兴行业),那么任何一个季度收入增长的机会都是刺激股价增长的好方法。 所有这些都表明,尽管这项法案对大麻库存来说并不重要,但肯定有许多特征应该让人们对未来感到兴奋。 此外,这表明两党行动在美国是可能的,大麻合法化是维持两党支持的事情。 多年来,我一直在写政治家们如何只能否认选举他们上台这么久的人民的意愿。最终,他们将不得不在大麻合法化方面采取行动。 在这种情况下,我们可以看到移动比我最初预期的要早得多。 大麻一直与美国的法律阴谋密切相关。但现在,随着一些实际的两党行动的发生,我们有理由庆祝,国会有希望,你知道,真正做点什么,共同努力使大麻合法化。 考虑到这一举措在美国人民中有多受欢迎,我想说这只是时间问题,但当涉及到国会时,任何荒谬和愚蠢的事情都是可能的。 尽管如此,这项基础设施法案是一个强劲的开端,也将对大麻股票产生一些积极的直接影响,在我看来,这将给市场带来更多的乐观情绪。

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