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Wayne is one of those guys who knows everything you could ever want to know about the startup industry. Below, Wayne shares his knowledge on a back door way to profit from the marijuana sector that you haven’t heard. With the chance for huge profit potential.Regards,
Amanda Stiltner
for The Daily Reckoning
Better Than Pot Stocks?
By Wayne Mulligan
Investors have been making a fortune lately in penny pot stocks.
Small-cap stocks like CV Sciences (CVSI) have exploded in value, going from $2 per share to $147 in just a couple of years.
But one group of marijuana investors is beating all the rest by a landslide…
In fact, on just one of their investments, it’s estimated they earned 2,940 times their money.
That’s not a mistake.
They didn’t make 2,940% on their money… they made 2,940 times their money.
That’s like turning $500 into $1.47 million — with one investment!
Today, we’ll reveal what their secret is…
And then we’ll show you how to get in on this secret yourself.
Progress to Date
Before we dive into this “alternative” strategy for marijuana investments, let’s take a step back…
Let’s quickly review why this industry has been performing so incredibly well.
You see, a decade ago, marijuana could be legally procured in just eight states, and even then, it was only available for medicinal use.
Today, it can be legally procured in half the states of our country.
Not only that, but eight states now allow residents to purchase marijuana for recreational use — which means one out of every five Americans can now possess cannabis for their own enjoyment, no doctor’s certificate required..
Regardless of your opinion about the drug itself, these statistics would lead just about anyone to the same conclusion:
The marijuana business is going to be massive!
Actually, it’s a pretty big business already:
In 2016, legal marijuana companies generated roughly $6 billion in sales.
And by 2020, that number is expected to grow to more than $21 billion.
To put that in perspective, the U.S. music industry generated just $15.5 billion last year.
That’s tremendous growth for a brand new market. And the benefits of that growth go far beyond the results for commercial businesses…
For example, according to the Marijuana Policy Institute, in Colorado in 2015, legal marijuana sales brought in $121.2 million in tax revenue, and created more than 18,000 new full-time jobs.
Investors Piling In
All this growth has created intense interest from investors.
Since there aren’t many blue-chip stocks in the marijuana sector yet, most investors dive into “penny pot stocks.”
Now, if you have expert guidance, investing in penny stocks can work out great…
But otherwise, these stocks can be very risky.
Which …read more
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