We are about to start the weekend, and with the tr
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Posted On: 09/18/2020 3:32:15 PM
We are about to start the weekend, and with the trading day winding ever so slowly down, I will leave you with a tid bit of wisdom for you to contemplate.
The secret to investing successfully in marijuana stocks is to follow the money.
I know, obvious right? So one might ask, why should I get in now?
Here’s why I suggest this is the right time: While marijuana is still illegal at the Federal level, states are making this booming industry legal nearly every single day, and it’s estimated to reach $63 billion by the end of 2024.
Also, if this already booming industry hits the tipping point, and becomes legal at the Federal level, it could soar even higher (and your potential wealth could grow even bigger). This simple fact is a little scary, but true (especially for people storing their money in mattresses).
The thing is, worldwide spending in the legal marijuana industry has already exceeded $10 billion, and is still growing at an annual rate north of 27%. So with Federal approval, one could easily ride the wave to millions. Nothing is without risk, but the trend is clearly there.
I want everyone to know that I am not trying to pump. Believe me, there are plenty of people already doing just that. I am merely suggesting that one take a longer term view, and begin seeing (perhaps for the first time) the future of what certainly might be. Insight is typically all one needs to make a fortune, but sadly most all too often have none. Something to think about while relaxing this weekend.
Kgem
The secret to investing successfully in marijuana stocks is to follow the money.
I know, obvious right? So one might ask, why should I get in now?
Here’s why I suggest this is the right time: While marijuana is still illegal at the Federal level, states are making this booming industry legal nearly every single day, and it’s estimated to reach $63 billion by the end of 2024.
Also, if this already booming industry hits the tipping point, and becomes legal at the Federal level, it could soar even higher (and your potential wealth could grow even bigger). This simple fact is a little scary, but true (especially for people storing their money in mattresses).
The thing is, worldwide spending in the legal marijuana industry has already exceeded $10 billion, and is still growing at an annual rate north of 27%. So with Federal approval, one could easily ride the wave to millions. Nothing is without risk, but the trend is clearly there.
I want everyone to know that I am not trying to pump. Believe me, there are plenty of people already doing just that. I am merely suggesting that one take a longer term view, and begin seeing (perhaps for the first time) the future of what certainly might be. Insight is typically all one needs to make a fortune, but sadly most all too often have none. Something to think about while relaxing this weekend.
Kgem
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