Profit from Smokin’ Hot Cannabis Stocks This Year
For cannabis growers, researchers, store owners, recreational users and, of course, investors, there’s a ton of good news on the horizon ... or shall I say, “high”-rizon.
With the Biden Administration now firmly planted in Washington and Democrat Charles Schumer now the Senate Majority Leader, passing new marijuana laws will likely be a top priority.
In this special four-minute video segment, Wealth Megatrends Editor Sean Brodrick weighs in on potential reforms that could change the landscape of the cannabis industry.
According to Sean, the market is already reflecting an optimistic outlook. “I think things look quite bullish for all sorts of reasons — the change in political winds has to be the biggest one.”
Sean explains:
There are trends and there are megatrends. We’re probably in a megatrend right now with cannabis.
There’s a momentum indicator that I use a lot in my stock picks called, “The Force Index.” It’s a combination of both volume and price action into one momentum indicator. And what you do is look for higher highs in it, which is what we’re seeing now.
Even though we’re looking at valuations that might seem high compared to some other things, the growth potential is so enormous for many of these cannabis stocks, that it’s likely that they’ll go much higher yet.
In this insightful video, Sean discusses:
- The status and momentum of two leading cannabis ETFs and how they compare to each other and the S&P 500.
- States that could pass recreational marijuana laws within months, paving the way for an explosion of sales.
- The triple-digit gains cannabis investors are making through Sean’s newsletters.
And more!
The information in this short segment couldn’t be timelier. I suggest you watch it now.
Happy investing!
Jessica Borg
Financial Anchor
Wealth Megatrends
