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Who Owns Your Body – You or Uncle Sam?

It’s a promising new treatment for depression… It’s also a victim of Washington’s War on Drugs… In the mailbag: “Politicians are already beyond the parasite stage”…


It’s an investment megatrend…

As we’ve been showing you, a wave of cannabis legalization is spreading around the world.

And the investment implications are enormous.

As colleague Nick Giambruno over at our Crisis Investing advisory puts it…

Legal cannabis is going to disrupt the alcohol, tobacco, pharmaceutical, and soft drink industries, among others. Then there’s the currently illicit recreational market, which is worth $200 billion globally. Ultimately, this will become a new legal market.

It’s hard to wrap your mind around just how big an impact legal cannabis will have on the world. I’ve compared it before to the repeal of alcohol prohibition in 1933. But let me remind you, alcohol use was largely just a recreational market.

Cannabis, on the other hand, has both medicinal and recreational uses. Altogether, we’re talking about a multi-year megatrend that could disrupt nearly $5 trillion in global markets.

Still, not everyone sees legal pot as a good thing…

One of the longest-running mailbag debates here at The Daily Cut is over legal cannabis.

Maybe you reckon it will be ruinous for America, like reader Nasir I.:

We are moving in a wrong direction with legalizing pot. Haven’t we learned anything from alcohol? So many drunk-driving deaths, so many families uprooted, and the cost to the society resulting from that.

Or maybe you see eye to eye with Don K. Like many other readers, he believes legalizing pot is the way forward…

Just like Prohibition, the “War on Drugs” by our government has been an abysmal failure. May as well regulate, tax, and control it. That will certainly put a significant dent in the underground drug economy. It is better to have people working and paying taxes instead of having them in jail for violation of the current controlled-substance possession laws.

But if you thought the debate over pot was fierce, you ain’t seen nothing yet…

Psilocybin is next.

That’s one of the two psychedelic compounds found in “magic mushrooms.”

And as you’ll learn below… like cannabis has been doing for several years already… it’s about to step out from the shadows and go mainstream.

It’s still too early to invest in this new trend. But if you understand it now, you can position yourself for market-beating gains when it takes off.

Like cannabis, psilocybin has groundbreaking medical applications…

One dose is all it takes to combat anxiety and depression in cancer sufferers.

That’s going by a study by Johns Hopkins University.

Eight out of 10 of the cancer sufferers in the study reported an increased quality of life and higher levels of optimism.

And 7 out of 10 went so far as to say that the experience was one of the most meaningful experiences of their lives.

Think of it like a “re-boot” on your computer…

Researchers at Imperial College London conducted another study. They gave 20 people with severe depression two doses of psilocybin.

The people in the study said their experience with psilocybin put them in a better mood. They felt less depressed and stressed.

Scans of their brains confirmed this. They showed less blood flowing to the amygdala – the small almond-shaped region of the brain involved in processing fear and stress.

That’s what makes this such an important story to keep an eye on…

Daily Cut regulars know investing in the legal cannabis market has been a profitable ride.

Take Canopy Growth (CGC). It’s a Canadian pot grower Nick added to the model portfolio at our Crisis Investing advisory in August 2017. Since then, it’s up 508%.

And now, something similar is on the way with psilocybin – another misunderstood substance with huge promise as medicine.

Just like cannabis, psilocybin has been federally illegal since 1970.

That’s when President Nixon added both to the list of Schedule 1 controlled substances – along with heroin, MDMA (“ecstasy”), LSD (“acid”), and mescaline.

If you think that was over public health concerns, I (Chris) have a bridge to sell you…

Take it from Nixon’s domestic policy advisor at the time, John Ehrlichman.

He let the cat out of the bag in a 1994 interview with Dan Baum, a writer for Harper’s Magazine.

Here’s Ehrlichman on what was really behind Nixon’s campaign against cannabis and psychedelics…

The Nixon campaign in 1968, and the Nixon White House after that, had two enemies: the antiwar left and black people. You understand what I’m saying?

We knew we couldn’t make it illegal to be either against the war or black, but by getting the public to associate the hippies with marijuana and blacks with heroin, and then criminalizing both heavily, we could disrupt those communities.

We could arrest their leaders, raid their homes, break up their meetings, and vilify them night after night on the evening news. Did we know we were lying about the drugs? Of course we did.

Regular readers know our view on the subject…

No politician should be telling you what you can put in your own body.

Here’s Legacy Research cofounder Doug Casey with more…

The fact there’s been a world-wide, anti-drug hysteria for well over 50 years speaks very poorly of the average human in general, and Americans in particular.

Mind-altering substances have been part of the human experience since Day One. It’s only recently that the U.S., perhaps because of its puritanical roots, started criminalizing everything. It turned practices that were, at most, bad habits or nuisances, into major felonies.

What makes the ban on psilocybin even more ridiculous is that magic mushrooms grow in the wild in the U.S. You can forage for them like you’d forage for any wild mushrooms. Doug again…

It’s insane for the busybodies who populate the U.S. government to put their fellow citizens – or subjects – in cages for decades because they want to imbibe certain plants.

It’s not a technical or health issue. It’s a moral issue. Who owns your body? You or some bureaucrat?

Folks in Colorado and California recently weighed in on this issue…

You see, Denver and Oakland just moved to decriminalize psilocybin…

In theory, it’s still illegal in these two cities. But police will treat enforcing the ban as their least important priority.

And this is not the only move to bring psilocybin into the mainstream.

An initiative in California is seeking to decriminalize psilocybin statewide. And in Oregon, medical legalization of psilocybin will be in front of voters next year. Doug again…

There’s no question that the cat is out of the bag now. And we’re headed toward more intelligent drug laws. Which is to say, hopefully, the legalization – or at least the decriminalization – of everything.

This won’t happen overnight…

Like we mentioned up top, there’s no direct way to invest in psilocybin right now.

But we believe psilocybin will be the next big legalization story after cannabis. And if that’s the case, the investment implications are enormous.

As folks who were early investors in legal cannabis companies know… getting in on a new industry on the ground floor is one of the most lucrative ways to invest.

And if the early scientific studies are anything to go on… psilocybin could rival cannabis in its impact on medicine.

Meantime, you can profit from another plant-based medicine that just stepped out of the shadows…

We’re talking about CBD.

It’s one of the compounds found in cannabis. But unlike THC – the compound that gets you “high” – CBD doesn’t make you feel intoxicated.

It’s already shown to have huge potential as a medicine. Even better, CBD is now fully legal at the federal level…

Our colleague Teeka Tiwari put together a new presentation called “How to Make 100% Legal Cannabis Profits This Year.”

While other investors wait for pot to go legal at the federal level… Teeka will show you how you can profit from CBD right now. Watch it right here.

In the mailbag: “Politicians are already beyond the parasite stage”…

Speaking of government stupidity… On Tuesday, reader Ralph C. commented…

It would be really nice if we could change all politicians every two terms. They have no business being in office all of their working life. The majority has not worked a day in their life!

It prompted the following response from reader Al R. in Thursday’s Cut

Ralph C. has it right. Politicians are nothing more than parasites, and it doesn’t matter which end of the political spectrum they represent.

Not one of them does anything that a sensible person would pay them anything for. That includes even the ones that started out wanting to improve the world, or the lot of women, or the climate, etc.

They are all inevitably seduced by the power and benefits their positions expose them to and turn on the common man.

And Ralph’s and Al’s comments struck a chord with your fellow readers…

I am very concerned about lifelong politicians. We badly need term limits in our country. Two terms max, and you are back out in the real world. Period, no exceptions!

– Franz H.

Politicians are absolutely destined to be parasites (if they weren’t already). It’s kind of like suggesting we can put a good person in a Nazi uniform and have them come out the other side just as moral.

No matter how good a person, if you put them into an inherently corrupt framework they are going to be distorted. Politicians are just a symptom of the problem that is government. All governments are parasites, without exception…

Everything Doug Casey says about government is true, and then some. I have watched how they screw everything up and siphon off all the benefit, so some pathetic, overpaid crony can sit there and rubber stamp things in a fancy suit, feeling important. Free trade and free markets could happily replace those tapeworms.

– Brendan V.

Politicians are already beyond the parasite stage. They create rules, regulations, and laws for us to adhere to but exempt themselves at the same time. They have this elitist attitude and they think that they are better than the people who elected them to represent them. Not only should they be replaced every two years, they should also be subjected to the same criteria the rest of us are subjected to.

They are destroying America for their own personal power and the perks that come with their position. Until the American people wake up, things will get worse on a continuing basis.

– Paul M.

Does power turn politicians into parasites? Do you have a personal story about psilocybin you’d like to share?

Write us at feedback@legacyresearch.com.

As always, we read every email you send in. And we feature your feedback in our daily mailbags.

Regards,

June 10, 2019
Chris Lowe
Lisbon, Portugal

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