Leveraging The New Cannabis Bull Market Legal Cannabis Has Been On A Recent High That Looks Set To Become A Mega-Trend Investment Opportunity Considering the way bitcoin and lithium stocks have skyrocketed it's easy to see why investors could have overlooked the start of another soaring stock mega trend. But cannabis stocks are off and running higher again and all signs point to them breaking into a fast gallop now. And, in a great sign of how rich a bonanza lies ahead for legalized pot stocks, the recent liftoff coincided with the rollout of the Covid-19 vaccine. Since October 1, the North American Marijuana Index has jumped 108%. Looking back to the depths of the Covid-19 depression, since March 2020, the pot stock index is up 363% and surging. Clearly, the vaccine has people on the move again. In fact, 2021's summer concert season is booked solid with everyone from The Weekend, to Justin Bieber, to The Foo Fighters, Ringo Starr, and Phish ready to hit the road again. That makes this the perfect time to take some bitcoin or lithium winnings off the table and redirect them toward the next hot sector cannabis stocks. It could pay off to think of bitcoin, lithium, and cannabis as commodities with business cycles, and its marijuana's turn to be at bat. And it will likely be upstart companies that deliver the biggest gains. One of the best places to find those soaring gains is with cannabis growers that have a distinct edge over the competition' such as a company that can bring the cannabis it grows to market as much as 18% to 20% lower than any competitor. Other investors are starting to discover this grower with the big edge in the market. Its shares are up 31% since January 1. Trend riding investors should not let this one race by them. By the way, Slack is up 148% since the pandemic gripped the world in mid-March. Zoom is up 249% since then. Teladoc is up 71%, and Dropbox is up a bit over 40%. Click here to discover more about a smart upstart and the hot cannabis investment sector it's in. |
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