Wealth-builder or dangerous bubble? With the recent whipsawing cannabis stocks have experienced in tandem with the shares of tech-related firms, that’s what lots of folks are asking about the marijuana sector, which seemed to have plenty of promise thanks to the legalization tailwind.
Relax, says Money Morning Executive Editor William Patalon, III: “Cannabis is what’s known as an ‘enabling technology’ – meaning it opens the door to all sorts of other innovations,” Bill said in an interview forum here last week.
“What’s more, this is a technology that’s going to touch virtually every industry you can imagine – from biotech/drug development to food-and-beverages, to general wellness, to entertainment … and more. And that means that cannabis, cannabinoids, and other forms of legalized marijuana are tremendously valuable technologies.”
The investment takeaway: This is a big, big “wealth window,” he says.
In this short video – the latest installment of our “Lightning Round” series – Bill tells Money Morning Associate Editor David Zeiler why the wealth potential here is absolutely huge. He even shares a couple of “get started now” stocks that are part of the “Cannabis Revolution.”
These 3 Stocks Are the Key to 2018’s Greatest Profits
The 2018 midterm election was a turning point for the cannabis industry.
We expect nothing short of historic profits by the end of the year.
But not all pot stocks will hand you life-changing wins. In fact, often the companies making headlines are least likely to see the biggest gains.
These three stocks, on the other hand, are flying under the radar… for now. Each of them could see exponential stock price acceleration at any moment, and if you get in before that happens, you could turn a token stake into a lifetime of wealth.
We don’t know of any other sector providing anywhere near this level of growth now.
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Source: Money Morning