When most investors think of the booming legal cannabis sector, they don’t automatically think “high tech” or the life sciences.
That’s a mistake – a potentially costly one.
For one thing, cannabinoids can be used to treat all sorts of ailments, from cancer to arthritis to insomnia. Then there are all the high-tech applications exploding in the growth and consumption of legal marijuana.
But more importantly, cannabis investing is out on the “frontier.”
Here’s what else I’m following…
Get In (Way) Before the Crowd – It Pays
It’s axiomatic in investing: If you grab a good investment before it goes mainstream and everyone else, especially Wall Street, finds out about it, you’re looking at more upside.
You can score massive gains moving into a technology or concept out on the “frontier.”
And it doesn’t have to be risky, either, when you’ve got the research to back up your thesis.
I’ve got a long history in frontier investing, so I can show you what I mean…
Last year, I recommended a play in an “unattractive” stock Wall Street had written off as “just another player” in the crowded video game niche.
But my research told me this was an explosive, revolutionary disruptor in a potentially huge segment. A year later, my readers and I had the last laugh… and 264% in profits to show for it.
And we did it again in 2017 on another stock Wall Street wasn’t paying attention to, booking 213% in gains on another play in the same space.
You can bet they’re paying attention now.
Bitcoin was another “frontier” niche I broke into. When it was trading at roughly $100, I predicted it would come roaring back in 2013. And by the end of the year, the price had topped $1,200 – a 1,100% gain in just a couple of months.
That was just the beginning.
|“Let’s get this ‘on tape,’ Michael, and reveal it to a select group of our members.”
I speak with Money Morning Executive Editor Bill Patalon almost every day. And a few times a year, I share our conversations here in Q&A format. It’s a relationship – and a tradition – that I find valuable. I hope you do, too. With so many years in this business, Bill is chock-full of knowledge and good ideas – and he’s a great guy… I’m proud to call him a friend.
Now, we’re doing something a bit different. You see, during our latest conversation, I told Bill that I have evidence that the legal marijuana market in Canada is about to go ballistic… that the legalized marijuana promises to spark a $22.6 billion industry in the Great White North alone… and that I’ve uncovered a number of mostly tiny “pot” companies trading for under $5.
Bill’s reaction? “Let’s get this ‘on tape,’ Michael, and reveal it to a select group of our members.” So that’s what we’re doing next Thursday, April 13. At 6 p.m. Eastern… to be exact. I hope you’ll join me and Bill for this FREE Pot Stock Millionaire Summit.
One thing: To take part in this crucial event, we have to save you a spot. To reserve yours, just click here. My team will send you a special notice and instructions on how to participate.
See you then.
I’ve Seen This Kind of Potential Before
In tech, “frontier” is a synonym for huge wealth opportunities. And marijuana investing most definitely qualifies.
Growth, retail, research, biotech, distribution, consumption – marijuana is a huge, diverse sector rich in profit opportunities, and we’re adding more all the time.
You see, I’ve covered Silicon Valley for more than 32 years, and in the cannabis sector, I’m seeing the same level of innovation, creativity, leadership, and profitable risk-taking that’s taken tech to the multitrillion-dollar heights it occupies today.
Heck, in some cases, chief technology officers, chief executives, visionaries, and other Silicon Valley wizards are actively moving into the cannabis sector themselves, marrying marijuana and high tech.
It’s a potent partnership.
Let me give you an illustrative example of the kind of intellectual “cross-pollination” underway here.
According to an interview in the San Francisco Chronicle, Silicon Valley “expats” Jessica Billingsley and Amy Poinsett jumped on the huge opportunities opening up in Colorado’s legal cannabis market. They founded MJ Highway to design software solutions for tracking each cannabis plant “from seed to sale.”
There are dozens more tech leaders out there doing the same, creating profit potential for us.
They can do the same for you, too.
How to Tap This Sector for Yourself
Now, my Nova-X Report readers all get copies of my “weed investors’ bible,” The Roadmap to Marijuana Millions. Here, I’ve researched and recommended a basket of the best 30 legal cannabis “frontier” stocks from all over the sector.
But there have been some tremendous, triple-digit gains across the entire market. This is marijuana – there are lots more out there to find.
In many ways, finding fundamentally strong cannabis shares – a “screaming buy,” if you will – is a lot like finding any other compelling stock.
What you want to do is bull’s-eye companies with strong leadership – especially leadership in an “acquisitive” mood, looking to consolidate and merge with other industry players. This creates synergy, of course, and that’s why M&A is a fantastic profit catalyst.
Look for cannabis companies with a diverse product range and wide exposure to both medical and recreational markets. Remember – no matter what you hear from Attorney General Jeff Sessions, legal, recreational marijuana is an inevitability in this country. This could be a company that manufactures medicinal oils, or edibles for sale in medical dispensaries, or even companies that offer sought-after strains.
Investigate companies that have global growth potential, as you would in any other stock. Marijuana legalization is gathering momentum all over the planet, in Germany and the rest of Europe, as well as right here in North America.
Nail this process, and the rewards can be huge.
The Next “International” Summit
Successful initiatives in the United States are already creating thriving, legal cannabis markets.
And making cannabis investors extremely wealthy.
In just the past few months, I’ve watched a number of weed stocks shoot up as high as 917%, 630%, 243%, 182%, and 158%.
It’s pretty amazing.
Now, the next big initiative I see on the horizon is occurring just north of our border – up in Canada.
There, if everything goes as planned, medical and adult recreational marijuana – the whole shebang – will be legal across Canada starting in July 2018.
This is huge. Canada’s estimated market is bigger than any single U.S. state other than California’s.
And that’s why I’ve spent much of this year already preparing for that upcoming “launch date.”
In fact, I’ve spent days and weeks researching Canada and the “weed” companies up there. According to my estimations, legalized marijuana promises to spark a $22.6 billion industry in the Great White North.
Moreover, I’ve uncovered evidence that a number of mostly tiny “pot” companies trading for under $5 are about to go ballistic.
I’ve put all that together in a brand-new report – How to Make a Fast Fortune on Canada’s Upcoming Total Legalization of Marijuana.
Now, the only way to get that new report is by signing up for my Free Pot Stock Millionaire Summit next Thursday. We’re doing it April 13, 6 p.m. Eastern.
You need to register ahead of time for this absolutely free event so we can reserve you a space. To reserve your spot, just click here.
My team will send you a special reservation and instructions on how to participate.
I’ll see you then.
And I’ll see you back here even sooner.
Have a great weekend.