This post Pot Stock Expert Ray Blanco: The Pot Stock Market Right Now appeared first on Daily Reckoning.
Tech, biotech, and cannabis industry investing expert Ray Blanco’s in the office this week.
Getting time with Ray right now is like scoring tickets to the hottest show on Broadway.
Everyone wants Ray’s latest read on the cannabis stocks rocketing to huge gains.
Everyone wants to know where the story goes from here.
Everyone wants to hear what tiny, off-the-radar company he likes best right now.
Today, you get a first look at what’s got Ray’s attention RIGHT NOW.
From his work in Technology Profits Confidential, finding the best hidden pot stocks and the tech trends changing our lives…
… To his elite-level research in Penny Pot Profits…
… To his cannabis biotech investigations in his FDA Trader trading advisory…
I wanted to hear Ray’s plan for what comes next. Where do you go to get the biggest gain chances right now?
The following is an edited transcript of a lunch conversation I had with Ray on Wednesday. You get a first look at the biggest moneymaking ideas he sees right now.
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Lunch With Ray Blanco – A Tidal Wave of Profit Potential
12:39pm – Wednesday, April 12, 2017
Baltimore, MD – Near Agora Financial HQ
Amanda Stiltner: Ray, what’s going on, big picture, with pot stocks right now?
Ray Blanco: There’s some price consolidation right now. We had a good bump in the last few weeks on the Canada legalization news. Frankly, I wasn’t surprised Prime Minister Trudeau followed through on one of his biggest campaign promises. Like any politician, he knows a cash cow when he sees one.
From a law and order perspective, more forward-thinking cannabis laws make good sense. And from a tax revenue perspective, regulating cannabis makes better budget sense than prohibition. Decades later, it’s the repeal of alcohol Prohibition all over again. I predict all major governments will come to recognize this and will take the appropriate steps.
It won’t happen overnight. And there will be all kinds of pitfalls along the way. But the trend is pretty clear at this point. The people are voting directly in statewide referendums. They are saying marijuana should not be banned. It should be regulated, taxed, and sold. Furthermore, the people are clearly demanding the medical implications of marijuana be investigated fully.
The investors who are in the best cannabis industry stocks ahead of time will collect the biggest benefits. You want to get in early, in other words.
Separating Good Pot Stocks From Bad Ones
AS: Let’s talk about those rewards. How do you separate the good pot stocks from the bad ones?
RB: I work my tail off to find out everything there is to know about any stock, not just pot stocks. First, I read what I can read. I look at the stock on its merits. Anyone can do this, really. But I think what separates the successful stock research from the so-so research is what comes next.
I pick up the phone. I call people who know people in the industry. I …read more
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