2019 Alert: 1 Stock for the Marijuana Boom
The marijuana industry could see another huge stride towards full legalization in the United States in 2019.
Michigan, Oklahoma, Missouri, North Dakota, Ohio, Wisconsin and Utah all had cannabis initiatives appearing on local and state-wide ballots in the midterm elections.
Why do I think this is so important to know about?
Frankly, I don't care about cannabis itself... but I sure do care about massive opportunities for forward-thinking investors... which is EXACTLY what I see here.
Here's what I'm talking about. Financial experts from all over the world agree: a marijuana boom is coming.
To the tune of an estimated $50 billion.
And here at The Motley Fool, we've identified a little-known Canadian company that might have just unlocked the key to profiting off marijuana.
The state of cannabis.
- 9 U.S. states plus Washington, D.C. legalized recreational marijuana in recent years
- Full legalization in Canada as of October 17th
- Seven U.S. states voted on marijuana initiatives on November 6th
- Legal cannabis worth $10 billion for the U.S. in 2017 alone
And since some experts have projected the American industry to skyrocket to as much as $50 billion by 2026, I think it's time for investors to start paying attention.
But until recently, it's also an industry that we've stayed on the fence about. it's a relatively new field... untested... unproven.
And while The Motley Fool analysts love being on the cutting-edge of new investing trends...
...like picking Amazon at $15.31 a share...
...Netflix at $1.85 a share...
...or Disney at $1.84 a share...
...we've been quiet on this growing marijuana industry for a while.
Until now.
Because a game-changing deal just went down between the Ontario government and a powerhouse Canadian company.
And that company – which now has the opportunity to rake in profits from the $7 billion Canadian cannabis industry AND potentially the $50 billion US cannabis industry – is no stranger to us here at The Motley Fool.
Because we've actually recommended this company before... for completely different reasons! And take a look at how it's done since we recommended it to our members in July 2016:
- 409% returns since
- 86% sales growth in last quarter alone
- Estimated 98% of addressable market left to conquer
This small Canadian powerhouse has locked in key partnerships with behemoths like Facebook, Amazon, and now the Ontario government
And even with all that, the company's CEO declared that he thinks they're only 2-3% into what this company could eventually become.
We here at The Motley Fool are convinced we're only in the VERY early days of this company's trajectory.
Which means there could still be boatloads more profit to be had for in-the-know investors who are prepared to take action.
Now, I don't like to brag… but here at The Motley Fool, we've had a pretty good track record of picking trends before they get big. Take a look at a few of the companies we picked to dominate their field:
- Netflix, up 19,690%
- Amazon, up 12,483%
- Booking Holdings, up 8,026%
- Walt Disney, up 5,857%
If you'd invested $1,000 in each of those companies when we recommended them in Stock Advisor, you'd be sitting on $464,560 right now.
Which brings me back to this latest find.
This company's future doesn't hinge on marijuana. If all forms of THC were banned forever in the United States, we think this company would still have an incredible field of opportunity. (That's why we recommended it in the first place.)
But now that there's an estimated $50 billion industry emerging from the woodwork, their prospects are positively mouthwatering – and we think you'll regret not getting invested now.
Because after November 6th, there's the potential for even more capitalization for this small company. And if you're not invested, you may come to regret it.
Forget penny pot stocks.
Forget untried, inexperienced cannabis farms.
THIS is the company we think you should have in your portfolio if you want to position yourself wisely for the coming marijuana boom.
And even though this company has had unprecedented success so far and just made a history-defining deal with the Canadian government, far fewer investors than you might expect are taking advantage of this VERY rare moment...
Due to the urgency of this recent development, we put together a thorough report that shows you how this emergin industry could potentially mint its own "marijuana millionaires."
It reveals the reasons why we think every forward-thinking investor should be paying close attention to this revolutionary new industry and what might be a potentially life-changing investment opportunity.
Best of all, this report is FREE to you when you sign up for Stock Advisor today.
Simply tap the button below to sign up and learn about the one stock we think you need to consider in your portfolio for the coming cannabis boom.
Here's to you and your family's wealth,
Rex Moore
Investment Analyst,
The Motley Fool
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