Many Americans Are Ditching Alcohol for Cannabis
Love it or hate it, there’s no denying that the fast-growing cannabis market has been on many investors’ radars.
While pot is currently listed by the federal government as an illegal substance, 35 states in our country have now legalized cannabis in some way.
Some states, such as California, have made pot completely legal. Others have restricted its use purely for medicinal purposes.
But all states are now looking to make cannabis legal in some way. As investors, this presents us with a unique opportunity to get into a market before it fully takes off.
You see, one of the things I’ve learned is that it pays to follow generational trends.
And the reality is that many younger generations, such as the millennials and Generation Z — and even people in Generation X — have no problem with pot.
Many people in this country now favor cannabis over alcohol — putting huge pressure on companies that make beer, wine or spirits.
Right now, alcohol still reigns supreme. But my research tells me we’re only one big event away from cannabis disrupting this entire market.
That also means we’re only one big event away from big-money investors going all-in on cannabis.
To find out what this event is and how to profit from it ahead of the market, click on the “play” button below to view this week’s Bold Profits Daily update:
Bold Profits Daily
February 12, 2019
We’re 1 Big Event Away From Cannabis Disrupting the Alcohol Industry
Hi, this is Paul with your Bold Profits Daily. Today I have another unbelievable, phenomenal opportunity for you. It’s something that many of you have probably been thinking about.
You’ve probably been hesitating to pull the trigger on this because some people are saying it is a bubble. Some people are saying that these stocks should be something you should be wary of. Other people just feel uncomfortable with it.
So, what’s this opportunity? Marijuana, cannabis and pot. If you’re following this sector, you will have seen that these stocks got hot last year. Then they went down. Right now, depending on what stock you’re in, some stocks are up and some are down.
When you look at this sector — cannabis, pot, marijuana, whatever you’d like to call it — it is actually an incredibly disruptive sector to companies that make alcohol, beer, wine or spirits, like whiskey or gin.
Why? Because those companies can see that people in this country are actually drinking and smoking less. However, people are very interested in cannabis, marijuana and pot. There are multiple ways you can take it.
You can smoke it, ingest it through an edible and there are people working on various different ways to drink it. In other words, in its own kind of way, it’s an innovative sector. Because of that, it can disrupt all of these industries that make good money, have a ton [of money] in sales and are very profitable.
Here’s why this is an opportunity — and listen carefully, because this is important. Right now, 35 states in our country have legalized pot in some way. There are states like California that have made pot completely legal. You can use it for any reason; it’s no different than buying a bottle of alcohol.
Then there are other states that have legalized it for mostly medical reasons. Then there are states that really have had no legislation thus far. However, all of them are looking to make it legal in some form.
The federal government has pot and marijuana as a substance that is restricted. They, too, could move to make this legal. With that, all the barriers are going to be shattered. This is important because big investors — pension funds, hedge funds, these big asset management companies — have stayed away from this sector because of the mixed reality of it.
They are sitting out there looking at it and see all the things that I’ve been telling you. Like the fact that pot, marijuana and cannabis can take share from alcohol, cigarettes and wine. They’re out there looking to get in when the legal environment is better.
The other thing that stops many people from investing in it is that, because pot has been illegal, it has attached its name to being something unsavory. That is largely a generational thing. I would tell you that most people in the millennial and Gen Z generations, even people in the Gen X generation, have no problem with pot.
To the extent that they are waiting for the states and the U.S. government to legalize it, they are also sitting there as potential demand. That’s the key to making money in the stock market. You need those people to come in and bid stocks up.
Before I tell you what to buy, I want to tell you about a special opportunity that Bold Profits — which is my publisher — is releasing for my service called The $10 Million Portfolio. We have found a tiny stock. It’s under $5, and it has one of the most unique positions in the pot/cannabis industry.
You can get in right now for under $5. If everything I’m telling you right now is right, this stock is going to soar higher. Check out the link below for how you can look into this opportunity.
How can you get in to buy? The easiest way to get in is to buy an ETF. One of the biggest ETFs — which just crossed $1 billion in terms of the money invested in it — has the ticker (NYSE: MJ). This ticker gives you access to virtually all of the liquid pot stocks, cannabis stocks and marijuana stocks that are out there.
A lot of these are Canadian stocks and very small companies. Unless you have someone guiding you, this is the best way to get in. If you want the astronomical gains, you do need to buy singular stocks.
I can tell you right now that the stock we’re going to be putting into The $10 Million Portfolio is an incredible stock. We also have stocks in my Extreme Fortunes service that are in there. Those are the two services where we have this sector represented. Look out for the link where you can subscribe to this.
That’s my Bold Profits Daily for you today. Invest in pot and cannabis because the big money is not yet there, because they are waiting for legalization. There is a lot of money that can come in and I really believe can soar this sector higher. They can replace alcohol and cigarettes and all these other companies.
That’s all I have for this week. I’ll have another one for you next week. Until then, this is Paul saying “bye.”
Don’t Miss out on This Rare Opportunity
As I mention in today’s update, one of the ways you can gain exposure to the cannabis industry is by buying into the ETFMG Alternative Harvest ETF (NYSE: MJ).
This exchange-traded fund (ETF) will give you access to virtually all of the pot stocks out there in the market, and should rise steadily over time.
But if you want to make astronomical gains from the cannabis industry, you’ll need to buy into the individual stocks that have the biggest potential to rise.
I’ve just identified one such “off the radar” stock that’s sitting in this fast-growing market — and it’s signaling explosive profit potential for anyone who gets in.
I plan on releasing a brand-new trade recommendation to readers of The $10 Million Portfolio service Wednesday morning. And in it, I’ll provide all of the information for this once-in-a-lifetime trade.
If you too would like to harness this windfall profit potential, you can still sign up to receive all of the details until tonight, February 12, at midnight EST.
That’s all I have for this week. I’ll be back to you next week with a brand-new Bold Profits Daily.
Editor, Profits Unlimited