Hello from Beijing! I’m writing to you from China. It was a long journey to get here, but it’s worth it, because I am taking full advantage and doing some of the boots-on-the-ground research that is so important. It’s something a lot of analysts don’t make the effort to do. My timing worked out well because China has once again been in the headlines amid the back-and-forth on tariffs and trade issues with the U.S. It’s clearly affected the market. Is it all just noise? Or something more concerning? I see it more as noise… like an annoying rattle in your car that you really want to get rid of but doesn’t mean the car is broken.

Sometimes I swear the whole world is reading our stuff. I know that’s not the case, but it seems as if we just talk about a great opportunity and then I see it all over the headlines. For example, I sent you a special series of articles all last week examining how U.S. legalization of marijuana is closer than ever… and signs point to this huge, game-changing development happening sooner than most people think. We talked about changing public attitudes toward marijuana, and boom… new poll results come out with some pretty dramatic results.

As we were speaking this week, one of the legalization catalysts we discussed took another step forward. Attorneys general (AGs) from 38 states and territories as well as treasurers from 17 states called on Congress to pass the Secure and Fair Enforcement (SAFE) Banking Act. Sounds like the nation’s top law enforcement officials also think it’s time to bring order out of the chaos and open the legalization door even further. And when that door is finally wide open, look out. That next wave of wealth could be explosive.