KW: It’s about time New Zealand liberated the laws to decriminalise cannabis use and especially allow medicinal use for a drug that eases pain and that the major pharma drug companies see as a direct threat to their profits. Major pharma are the drug lords not your local Black Power or Mongrel Mob

From: Agora Financial news letter

Allow us to be the first to wish you Happy Valentine’s Day — California style.

That’s a $400 cannabis bouquet there — among a handful of gift ideas suggested by LA Weekly.

This year, Californians still need a doctor’s note to acquire such goods; for now it’s only medical marijuana that’s legal in the Golden State. But under Proposition 64, the recreational-marijuana measure approved by voters last fall, that won’t be the case by next Valentine’s Day.

In two states where recreational weed is already legal, sales are crossing the $1 billion milestone.

Last week, the Colorado Department of Revenue reported $1.3 billion in revenue generated by marijuana producers and retailers during 2016.

And in Washington state, the Liquor and Cannabis Board — yes, that’s what it’s called — says retailers have sold $984 million in goods so far during fiscal 2017. The fiscal year runs from June to June — so the Evergreen State will easily top the $1 billion mark as well.

Colorado and Washington were the first two states where voters approved recreational marijuana. They’ve since been joined by Oregon, Alaska and the District of Columbia.

The next wave is Massachusetts, Maine, Nevada and the big prize — California, home to nearly one in every eight Americans.

Voters in those states approved recreational pot last November. This year, several state legislatures will take up legalization — including Vermont, Rhode Island and New Jersey.

Little wonder that Arcview Market Research — the go-to source of information about this “budding” industry — says the legal marijuana biz will zoom from $7 billion in sales last year to $21 billion by 2021. That’s a tripling in five years — a faster pace of growth than the dot-com stocks saw in the late 1990s.

A triple in five years is nice… but as with the dot-com boom, the potential within individual “penny pot stocks” is much greater.

We’ve been talking up those stocks for the last eight months or so — after years of skepticism about the sector, we hasten to add. So far, the recommendations Ray Blanco has made in Technology Profits Confidential are the sort of safe bets you can make for solid long-term gains over the next five years.

Along the way, however, he became frustrated. Pot is a hugely volatile sector. Ray had to steer clear of many names because of the wild swings they can take from week to week.

But he also realized within that volatility lies opportunity. So he joined forces with other members of our research team. Together they’ve developed a way to systematically trade in and out of these volatile stocks — capturing massive upside while avoiding the downside.

We’re talking about the possibility of taking a $500 grubstake… and turning it into $12,000 in only 33 days. And that’s only the beginning. The system aims to achieve those kinds of returns over and over.

Today we take the wraps off this system. Using something Ray calls “Penny Pot Flashes,” you can start capturing these massive and near-instantaneous gains for yourself.