In a recent Phase 1 issue, Frank Curzio made one of his
In a recent Phase 1 issue, Frank Curzio made one of his most controversial recommendations ever…
On January 1 of this year, Colorado became the first state in the country to allow the recreational sale of marijuana.
Today, the legalization of marijuana is on the ballot of another 13 states… It's only a matter of time before this drug is legal nationwide.
A few weeks ago, Florida passed a bill allowing limited use of medical marijuana. Portland, Maine has also voted to legalize it within their city limits. And the governor of Maryland just signed a bill decriminalizing marijuana possession in the state.
Why are states suddenly warming up to marijuana? In short, they're broke… And they need the tax revenue.
Marijuana is the third-most-popular recreational drug in America, after alcohol and tobacco. Alcohol has grown to a $200 billion market in the U.S. Tobacco is an $80 billion-a-year industry.
Early estimates suggest marijuana could become an $8 billion-a-year industry by 2018… But we think those estimates are low.
The investment world is already catching on to the huge profit potential in marijuana stocks. (Yes, there are several publicly traded ways to profit from this trend.)
As Curzio wrote:
In the first months of 2014, several small-cap marijuana stocks jumped more than 500%. Most decided to add the word "cannabis" to their name just to profit from the growing popularity of this trend.
Today, the craze has fizzled. Some marijuana stocks are down 70%-plus over the past two months. They either aren't generating revenue or don't have sensible business plans to grow their business and eventually generate cash flow.
Frank is taking advantage of the massive selloff to get into our country's next multibillion-dollar industry at a bargain-basement price.
Creative Edge Nutrition Inc. (FITX) Stock Research Links
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