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Unlocking 4,200% Gains From Marijuana’s “Unofficial” Holiday

Friday, April 21, 2017 12:18
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This post Unlocking 4,200% Gains From Marijuana’s “Unofficial” Holiday appeared first on Daily Reckoning.

Whether or not you joined in the 420 celebrations is almost as irrelevant as nailing down the origin of the unofficial “marijuana” holiday…

The only thing that matters if you’re looking for huge wealth potential is taking action on the right opportunities at the right time.

Hidden underneath the pile of 420 origin stories and coverage of celebrations around the world is a story that went largely unnoticed…

According to Fortune, “investors who bought 10 U.S. cannabis stocks back in 2014 would have reaped a 32% return on their portfolio — beating the S&P 500’s 25% jump, Trump Bump rally and all, in the same period.”

Of the 10 stocks included in the U.S. Marijuana Index on April 20, 2014, the top three performers raked in gains of 114%, 152% and a massive 4,260% over three years.

To put those gains in perspective, that’s the equivalent of more than 11 years of gains in Apple’s shares — in just three years…

With such high potential upside, it’s easy to see why so many people are clamoring to invest in pot stocks.

According to the investment app Robinhood, there is a 20% increase in investments in marijuana stocks leading up to 420 — more than at any other time. As many as 35% of these investors are first-time traders.

The marijuana industry has come a long way since April 20, 2014…

Three years ago, only two states had legal recreational marijuana markets.

Today, there are four states with legal recreational marijuana markets up and running.

Next year, that number is expected to double to eight (plus D.C.) following the watershed November election, as CNNMoney reports.

Altogether, the legal marijuana market is projected to mushroom to $8 billion by 2020, according to estimates from Arcview and New Frontier.

Over the next three years, more states, companies and investors will race to carve out their piece of the market.

Ray Blanco has scoured thousands of publicly traded companies in the marijuana sector in search of the next winners.

So far, only 30 stocks have made the cut.

And now he’s narrowed down the list to five companies that could give you the biggest gains.

These five companies are still largely “under the radar” despite the swarm of investors who’ve decided to get off the sidelines following the 420 media buzz.

But Ray warns us that may not be the case for long…

Regards,

Jose Vilchez-Azcona
for The Daily Reckoning

The post Unlocking 4,200% Gains From Marijuana’s “Unofficial” Holiday appeared first on Daily Reckoning.

This story originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.



Source: https://dailyreckoning.com/unlocking-4200-gains-marijuanas-unofficial-holiday/

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