Investing in Pot Stocks in 2019
It’s the dumbest New Year’s resolution I’ve ever heard.
“This year, I’m going to start investing and start getting rich!”
You know what kind of people make New Year’s resolutions like that?
Why would anyone “wait” to get rich?
If it were the middle of summer and you figured out a way to more than double your money on a single stock, would you wait until the new year to buy that stock?
Of course not.
So why would anyone wait until the new year to “get serious about getting rich”?
Especially when you can...
Start Getting Rich Now!
I don’t mean to sound brash, but when it comes to getting rich, opportunity waits for no one.
Certainly there’s no better example of this than the legal cannabis market.
Three years ago, I practically begged investors to buy shares of Canopy Growth Corporation (TSX: WEED), which at the time was still a penny stock.
We paid $1.60 a share, and we unloaded those shares for $49.85.
That’s a gain of 3,015.63%.
Those who took advantage of this opportunity made an absolute fortune.
In fact, had you put $40,000 in Canopy Growth Corporation when I first made that recommendation, you would’ve cashed out with more than $1.2 million.
That, dear reader, is what you call a “Millionaire Maker.”
Of course, that opportunity is long gone. And you won’t see it again.
Canopy Growth Corporation is now one of the biggest cannabis players in the world, and the meteoric rise in share price will not be repeated. At least not for this stock.
That being said, there are still plenty of opportunities to get rich in the legal cannabis market. And you don’t need a New Year’s resolution to get a piece of this action.
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Our Next Millionaire Maker
Last year, the big money in cannabis was made in the Canadian market.
But Canada is no longer the hotbed of activity for the cannabis space. That title now goes to the United States, where federal prohibition on cannabis will be lifted within three years.
My friend, it was three years ago when we loaded up the boat on Canadian cannabis stocks in anticipation of legalization in that country.
Here are some of the gains we locked in after Canada legalized:
- Aphria, Inc. (TSX: APH) — 1,174.3%
- OrganiGram Holdings (TSX-V: OGI) — 1,185%
- Canopy Growth Corporation (TSX: WEED) — 3,015.6%
In the United States, we’re now seeing a repeat of what we saw in Canada just three years ago:
The cannabis market is on the cusp of being legalized on a federal level. And that means the smart money is now piling into U.S. cannabis stocks.
I’ve personally been spreading out last year’s pot stock winnings across the U.S., buying both the bigger, more established players and some of the up-and-comers that are so cheap right now that we should have no problem cashing those out for triple- and quadruple-digit gains. Just like we did with those Canadian pot stocks.
In fact, the trading algorithm I use to pick these stocks has already spit out a half-dozen new U.S. cannabis stocks that are in line for some serious gains this year. You can get a sneak peak of those here.
Look, I’m really not one for chest-pounding, but the bottom line is that there is no system better designed to profit from pot stocks than the S-50 Trigger. Locking in three quadruple-digit gains last year is proof of this.
Members of my Green Chip Stocks community made so much money in pot stocks last year that some are now millionaires. And that’s not hyperbole, my friends. It’s reality. So if you’d like a dose of this kind of reality, too, I strongly encourage you to become a member of Green Chip Stocks now and join us today as we gear up for this next run on pot stocks.
Start the new year off right and get rich on pot stocks. There’s just so much money to be made here that it would be foolish to let this opportunity pass you by. Again.
To a new way of life and a new generation of wealth...
@JeffSiegel on Twitter
Jeff is the founder and managing editor of Green Chip Stocks, a private investment community that capitalizes on opportunities in alternative energy, organic food markets, legal cannabis, and socially responsible investing. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page.
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