When Napoleon ruled France in the early 1800s, California was a wild frontier region – home to just a handful of pioneers.

But last year, California overtook once-mighty France in the rankings of the world’s largest economies, coming in at sixth place.

The International Monetary Fund says California’s GDP is worth roughly $2.5 trillion, buoyed by agriculture, tourism, aerospace, and, of course, Silicon Valley and high tech.

The vast scale of economic opportunity in the Golden State is incredibly important for another big reason. That huge GDP will help serve as a key “trigger” – or catalyst – in the breakout legal cannabis.

Starting Jan. 2, California is all set to make recreational use of marijuana for adults fully legal. Simply stated, we’ve never seen anything this big happen in the legal cannabis industry.

That’s why I’m headed south to Anaheim this week to attend the California Cannabis Business Conference later this week, where some 350 firms will be represented.

To give you the inside edge, I’ve spoken with the group’s leaders.

Today I’ll be share their insights with you.

They foresee a more than $20 billion impact in just the next four years alone.

That’s why I’ll also show you the single best move you can make to get a slice of that huge pie…

I’m sick of them already.

Since about midyear, every morning I open my email box after eating breakfast and settling down at my desk.

And each and every morning that inbox is filled with “big opportunities.”

No I’m not talking about notes from Nigerian princes or offers to refinance my home. My spam filter catches just about all of those.

These notes come in from washed-up boxers, former beauty queens, aging reality-TV stars, and other bottom-rung celebrities – and they’re all pitching chances to “invest” in the latest initial coin offering (ICO). (Yes, I purposefully used “scare quotes” there.)

I’m sure your inboxes’ are filled with similar garbage – or maybe it comes through your kids’ social-media accounts.

Either way, I can’t wait till this fad dies down some.

Now, don’t get me wrong. I’m not saying you can’t make money on ICOs. After all, they are based on digital currencies like Bitcoin – our “Gold of Tech” portfolio insurance. I’ve been immersed in Bitcoin virtually since it launched, and I remain a big backer of.it, no matter what Jamie Dimon says.

The reason I want to talk to you about ICOs today is to make sure you understand what they are – and to make sure you don’t get taken for a ride.

With that in mind, I’m going to show you the one thing you should do before investing in any ICO.

With it, you’ll protect your hard-earned money and bolster your net worth…

Apple Inc. (Nasdaq: AAPL) will generate a lot of headlines later today.

That’s because the company is unveiling the new iPhone 8 – and probably more – during an event at the new Steve Jobs Theater on Apple’s Silicon Valley campus. The company is hoping that its new devices will help it reverse six straight quarters of sales declines in China. The event is scheduled for 1 p.m. EDT.

That’s big news – for Apple and its shareholders… for iPhone suppliers and their shareholders… for Apple’s competitors and their shareholders… and for the “tech news industrial complex” that depends on Apple for clicks and page views.

As millions of Floridians made their preparations in advance of Hurricane Irma, it was business as usual at SpaceX.

At 10:20 a.m. Thursday morning, at Cape Canaveral, the company launched the U.S. military’s secretive X-37B space plane aboard one of its Falcon 9 rockets.

It was SpaceX’s first shot at launching an X-37B – after winning the contract earlier this year – and its 13th successful mission in 2017.

With such a stunning success rate, it’s no surprise that many of you keep asking me about when you’ll be able to invest in SpaceX.

Well, I’ll tell you right now, Elon Musk isn’t going to file any IPO papers until at least next year.

But you can still profit from the excitement around the SpaceX IPO now, months before the company goes public.

Today, I’ll show you one of the best ways to make money from the frenzy around new IPOs.

And you don’t have to wait on Musk – you can make this investment right now…

The iPhone 8 is set to hit the streets this fall – a little more than 10 years after the iPhone’s debut in summer 2017 – and all indications are it’ll be the smash hit we’ve been expecting.

Of course, the Apple Inc. (Nasdaq: AAPL) fans out there are excited, as we knew they would be.

I’m an Apple fan myself, but I’m fired up mostly for an entirely different reason.

Now, it’s not because of what the iPhone 8 is – the latest iteration of an outrageously popular and undeniably cool piece of personal tech…

And it’s not for what the new iPhone represents – the 10th anniversary of “iEverything”…

Rather, it’s because of what the iPhone 8 has…

Jara Herron, the owner of a salon and day spa in Tulsa, Okla., had just given birth to her seventh child about six years ago when she suddenly felt her chest getting tighter.

When she got to the hospital, Herron learned she was having a heart attack. Her organs soon began to fail, so doctors put her into a medical coma.

Because Herron was not a candidate for a heart transplant, her doctors instead turned to the world’s smallest heart pump, one that can be inserted with a noninvasive catheter. That heart pump saved Herron’s life.

And it’s done the same thing for thousands of other patients around the United States.

But that’s far from the only thing this innovative heart pump has done.

It’s also helped hand investors 569% gains.

Its maker is a cutting-edge medtech firm with deep expertise with heart patients.

Those big gains are just a start for this life sciences leader.

In fact, it’s set to double your money in as little as two years…

Earlier this summer, we celebrated the 10-year anniversary of the iPhone.

That was a big deal, as that smartphone is one of the top-selling gadgets of all time. It revolutionized mobile computing and basically took the world by storm.

Everyone talked about it – and we’ll likely see a new anniversary-themed iPhone before the end of this year.

And I think this anniversary may be even more important – and there’s a moneymaking opportunity because of it.

The S&P 500 has moved roughly 8.3% higher since trading began last Jan. 3. The Dow Jones Industrial Average has done even better, gaining a little more than 10.1% in the period.

And both indexes stand near their record highs.

That’s not bad.

But you can do better.

A lot better.

Fulfilling financial dreams better.

In fact, if you followed my recommendation following our July 28 chat, you would have beat the gains of both those indexes – combined.

Here’s a brain-bender for you.

Immunalysis Corp., a unit of diagnostic player Alere Inc. (NYSE: ALR), said last week that its supersensitive new test for detecting the opioid painkiller fentanyl received U.S. Food and Drug Administration (FDA) clearance for use by labs, hospitals, and doctors’ offices.

And this new development tells me – yet again – that the market for marijuana-based pain medicines is well into an uptrend that can’t be stopped.

If that seems like an exercise in “A + B = C“ logic, so be it.

I’m going to show you why my logic is right on target.

And I’m going to show you a turnaround candidate that I believe will be a hefty beneficiary of this paradigm shift in “America’s War on Pain.”

About three months ago, a Silicon Valley associate of mine shelled out $2.5 million for a home.

That’s a lot of money – even in the San Francisco Bay Area’s sky-high real-estate market.

But consider these facts as well.

This is a 908-square-foot house.

The buyer paid $638,000 over the asking price three months ago.

And this tiny home is considered a “teardown.” That means my colleague has to gut it and rebuild from scratch.

Why so much for so little?

The home lies just three blocks from Stanford University – the heart of Silicon Valley and, therefore, the Convergence Economy we talk so much about here.

You may be wondering why I’m telling you a real-estate story in a technology investment service.

It’s because there’s a ton of money up for grabs in Silicon Valley’s torrid real estate market.

You can get a piece of that action – if you invest in the right tech companies.

Like the Silicon Valley landlord I’m going to tell you about today.

It’s Alphabet Inc. (Nasdaq: GOOGL).

Thanks to its major SV real-estate holdings, I believe it will one day hand investors a stunning 1,294% gain.

Here’s how it could go down…