In this week's episode we are excited about acceleration of future legalization of cannabis in the US and we discuss trading and investing strategies for cannabis stocks.

1) Biden - Sanders Task Force Plan

- How real is this? How does it play into the coming Democratic National Convention?

- Social Justice reform, Police reform and change all accelerate cannabis legalization

- DNC provides an opportunity for democrats to discuss ending the war on drugs 

CAUTION - legalization hype is building quickly but actual legalization takes years to pass and implement

2) Investment Strategies for Legalization Hype

Many different ways to play this with various risk/reward - which makes the most sense?

a) "The Big 4" - GTI, Trulieve, Cresco & Curaleaf - obvious candidates as retail comes in

b) Ancillary & US-Listed Companies - IIPR, Greenlane & GrowGen

c) Tertiary Plays - Canadian LPs, Foreign Companies, Low Cost Countries

Remember: Hype is not rational - capital will flow regardless of valuations

US Legalization hype will make Canadian hype look like "a drop in the bucket"

3) Institutional Capital Flowing into US Cannabis

- How will it play out?

- When should investors get in? When to get out?

- What are the best risk/reward strategies?