Mark my words: 2019 will go down in history as the biggest year ever for marijuana stocks. I know that's a huge claim after the run up last year, but that should give you an idea of how big this marijuana megatrend really is for investors.
- Did you know that the North American Marijuana Index that tracks 39 leading marijuana stocks soared over 130% from mid-2017 to mid-2018?
- Did you know that adult recreational sales amounted to $2.6 billion in 2016 and could reach $11.2 billion by 2020?
- Did you know that the medical marijuana market alone was worth $6.7 billion in 2016 and is projected to grow to $13.3 billion by 2020?
So it's no surprise that cannabis-related businesses make up one of the fastest-growing industries in the United States.
In fact, in the first two months after California dispensaries started to legally sell recreational marijuana on January 1, 2018, companies in the cannabis industry increased by nearly $2 billion in value.
And California's move just marks the beginning.
Canada just legalized recreational marijuana, and savvy investors are already grabbing shares in 3 hot marijuana picks that are set to soar.
If the $2 billion in value from the California announcement is any indication of what's to come after the Canadian announcement, you'll want to stake a position in these 3 hot marijuana picks that are poised to make investors really rich:
- #1 Marijuana Pick: This Canadian marijuana stock is one of the fastest-growing companies in the industry that is experiencing a strong on-boarding of new customers. Annual revenues increased by 370% and I don't expect to see that slowing down any time soon. Now that the announcement is out, this stock is a must-own ahead of the news. Get the full details here.
- #2 Marijuana Pick: This $318 million plant biotechnology company is focused on developing innovative products like marijuana plants that don't contain THC (the element that makes people high). With $65 million in cash on hand to reinvest in the business,this company is a great place to invest in this hot marijuana megatrend now that the announcement has been made.
- #3 Marijuana Pick: This is a one-of-a kind cannabis opportunity that focuses on the healthcare, consumer and materials sectors. This is an easy way to profit from the legalization of marijuana and the use of cannabinoids in prescription drugs.
I can understand why you might have been skeptical of marijuana stocks in the past, but I urge you to look a little closer at this profitable megatrend for 2019. You just can't afford to let this profitable opportunity pass you by.
Download this hot-off-the-presses report today to get a better understanding of how to invest in marijuana stocks, along with all the details on my top three marijuana stocks to buy for 2019. This report is yours free for the next 24 hours.
Sincerely,
Matt McCall
Editor, McCall's MoneyWire
Editor, McCall's MoneyWire
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