The irony for Second Amendment advocates is that, to them, Prop 63 is nothing but a sad joke. Indeed, several law enforcement agencies voiced opposition to the bill, which they see as bureaucratic waste. Should Prop 63 not be challenged, however, ammo stocks could be the hottest ticket of We need some bullet control.

I think all bullets should cost five thousand dollars… five thousand dollars per bullet… You know why? Cause if a bullet cost five thousand dollars there would be no more innocent bystanders.

Rock further expounds on his point, but InvestorPlace is a family-friendly publisher! With that said, Prop 63 is the heart behind that joke told nearly two decades ago. That involves onerous action items, such as background checks, that never existed before. Additionally, ammo purchased online will first have to be shipped to licensed entities before physical delivery is made.

No Lawyers - Only Guns and Money: Investing In Guns And Ammo

To invoke a grandfather clause to beat the ban, Californians bum-rushed gun stores en masse. In fact, last month, no other state had as many rifles purchased. To put that into perspective, California sales beat out Texas — Texas!

Gun Control: The Best Stocks Amid Fears of More Regulation

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