What would you do if you knew the federal government was set to legalize the production, transport and sale of an item that’s in great demand by millions of consumers and health care professionals?
What sort of investment opportunities might you find?
How would you invest your money?
Could you do what Joe Kennedy, the father of JFK, did back in 1932?
He knew the public was fed up with the federal prohibition on alcohol. So, he made two brilliant moves that helped the Kennedy family fortune grow to over $1.6 billion in today's dollars.
Kennedy established a new firm called Somerset Importers, locking up the rights to import British-made whiskey and gin to customers in the U.S.
When Prohibition ended two months later, Kennedy seized his chance. With this new arrangement, he saw his Somerset business soar, selling 150,000 cases of Scotch whiskey in the first full year. And when he sold the Somerset franchise in 1944, he earned over $100 million in today's dollars on a reported investment of just $118,000.
Today, we are beginning to see a similar opportunity with cannabis.
Precisely what will happen in the United States following full legalization is anyone's guess. But if Canada is a guide, legal usage could mushroom.
Already, 70% of the U.S. population now lives in a state where cannabis is legal in some form.
But on a federal level, it’s still not there. When full-scale federal legalization arrives, investors who own the top-ranked cannabis stocks today could see their investments in this sector grow five, ten, even 20 times over.
In Marijuana Millionaire, Editor Sean Brodrick helps you take advantage of the cannabis megatrend by leveraging the power of the Weiss rankings and his many years of boots-on-the-ground research experience.
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About the Editor
Widely known as the Indiana Jones of natural resources, Sean has sifted through terabytes of data and traveled tens of thousands of miles in search of companies that can make a transformative difference in the lives of investors. With his boots-on-the-ground experience, he visits mines, meets executives in person, discovers hidden opportunities and reveals pitfalls that investors should avoid.