Unlike Blockchain (Bitcoin), and a handful of other sectors that are ‘hot’ right now, the Cannabis sector does not have an unclear future; it’s 100% fact, like it or not, Cannabis, (recreational and its vast medicinal uses) is literally in its infancy, and this sector is gearing up to be the biggest thing you will likely see in your lifetime.
Here’s the best part: The biggest rise is yet to come.
We’ve reviewed dozens of cannabis related stocks, and unlike most that are just trying to cash in by riding the Cannabis wave, we’ve isolated what we believe to have the most potential going forward in this sector.
At MYM’s current price, some might consider this an opportunity similar to buying Amazon (AMZN) back in August 1997 when it was trading for only $4.34 / share (Yes the Cannabis space could very easily be this big, if not bigger). MYM is just getting started, and some smart investors, the kind that can see what’s about to happen here, are just starting to take notice.
This is a virtually undiscovered company when you consider the facts, and MYM is rising through the ranks and is poised to become the next major producer of Cannabis in Canada, and Worldwide.
Still unsure about the marijuana boom? Read our in-depth report here…
Canadian Cannabis Companies Are Leading The Way And The Domino Effect That Will Follow Is Going To Be Unprecedented!
Here’s The Top 3 Reasons to Get In On the Cannabis Boom Before 2018 Sends Pot Stocks Soaring To New Highs:
1) Canada is one of just a handful of countries around the world to have legalized medical cannabis all the way back in 2001. Because medical weed is legal, publicly traded companies are able to generate growing sales and profits just from the medical side of the equation.
This is a unique situation that is making marijuana stocks incredibly valuable, just wait until ‘Big Pharma’ get their hands on this Sector! Only those companies positioned like MYM will see massive, massive gains.
2) There’s a very real possibility that Canada will become just the second country in the world after Uruguay, and the first developed country, to legalize recreational marijuana in 2018.
Canadian Prime Minister Justin Trudeau introduced legislation in April that would allow people aged 18 and up to buy weed legally by July 1, 2018. The government has also just outlined tax plans that would offer a lower tax rate on marijuana than on alcohol in Canada.
Trudeau has indicated that a low tax rate is needed to make pot price-competitive with black market marijuana, reducing the competition between the two, while maintaining proper quality control.
3) The major producers of weed stocks, almost without exception, have been consistently profitable.
Canopy Growth was profitable through the first three quarters of fiscal 2017 and only lost money for the year because of acquisition-related expenses. Aphria produced a full-year profit in fiscal 2017. The other large producer, MedReleaf, has been consistently profitable for the past two years.
Producers of cannabis have turned the corner and are on track for major profits as they invest in massive expansion across the Globe.
If you are like most investors, you can no longer ignore the rapid growth rate of marijuana stocks. The upcoming year could be the ideal time for aggressive investors to consider adding this sector to their portfolios.
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Posted By: Katerina Duque
Monday, December 18th 2017 at 2:08PM
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