The United States can’t win this war. It’s time to surrender.
After all, this war has already claimed thousands of lives. It’s leveled entire communities. And it’s wasted more than $1 trillion worth of taxpayer dollars.
I’m not talking about the War in Afghanistan, the Iraq War, or even the War on Terror.
I’m talking about the War on Drugs.
As you probably know, Richard Nixon declared a war on drugs in 1971. But like most wars, the U.S. should have never entered this conflict.
After all, prohibition didn’t work with alcohol. Why would it work with drugs?
Needless to say, it’s been a massive failure.
The good news is that this bloody and costly war may soon end.
In November, five U.S. states voted to legalize marijuana outright. As a result, 29 states and Washington D.C. now allow you to use marijuana either recreationally or for medical purposes.
It’s now only a matter of time before the rest of the country follows suit…
After all, 60% of Americans already think that the federal government should legalize marijuana outright. That’s up from 25% in 1995.
And more than 90% of respondents in a recent study by Quinnipiac University think medical marijuana should be legal at the national level.
In other words, most people no longer see marijuana as a street drug. They see it as a plant that can help people.
I’m telling you this because there’s big money to be made in marijuana…
Today, I’ll show you how to profit from this emerging industry.
But don’t worry. You won’t have to stand on a street corner or deal with shady characters. Instead, you can now buy marijuana stocks right from the comfort of your own home.
Before I continue, I have to be clear about something.
Marijuana stocks aren’t for everyone…
A lot of people wouldn’t buy a marijuana stock even if it could make them 10x their money.
And that’s fine.
You should only buy the stocks that are right for you.
So, if you wouldn’t touch marijuana stocks with a 10-foot pole, no problem.
But if marijuana stocks do sound like something you might buy, read on. I’m about to show you how to potentially make a fortune off marijuana. Here’s why…
The marijuana business is booming…
It’s already a $7 billion market.
By 2020, Bank of America Merrill Lynch say it could be a $35 billion market.
Investment bank the Cowen Group projects that the market will be worth $50 billion a decade from now.
Some analysts think the industry could eventually generate as much as $200 billion in sales every year.
In short, the marijuana industry is getting ready to explode.
Soon, marijuana stocks will be the talk of the investing world. But you shouldn’t wait until Jim Cramer is screaming about them to buy them.
Instead, you should get in front of the crowd…before the frenzy begins.
Money is already pouring into marijuana stocks…
Just look at how the Marijuana Index has done over the past year.
This index, which tracks the performance of 32 North American marijuana stocks, is up more than 80% since last April.
Canadian marijuana stocks have done even better.
That’s a huge move for such a short period of time. But remember, the marijuana industry is about to get a whole lot bigger.
In other words, there’s still a lot of money to be made in marijuana stocks.
By now, you’re probably itching to buy marijuana stocks…
But you have to understand something critical.
You shouldn’t touch most marijuana stocks.
That’s because most of these companies don’t trade on major exchanges. They trade over the counter. They’re “penny stocks.”
This is a huge deal.
You see, penny stocks aren’t subject to the same financial reporting regulations as companies that trade on major exchanges.
This makes it harder to analyze them. It also makes it easier for companies to commit fraud.
Consider the marijuana vending machine company MedBox. Five years ago, MedBox was one of the hottest companies in the marijuana industry.
Its share price soared from $2.75 to $205 from October 2012 to November 2012. That’s a staggering gain for such a short period.
Investors piled into the stock because they were excited about the company’s growth potential. There was just one problem.
The company’s rapid growth wasn’t real. You see, the founder of MedBox created a shell company and used illegal stock sales to boost reported revenues. The SEC eventually discovered that the company had made up 90% of its sales.
MedBox was a giant scam. When investors learned this, the company’s share price plummeted. Its stock now trades near zero.
In short, you need to be very careful about which marijuana stocks you buy…
Stay tuned. We’ll have more on this soon.
Editor, Casey Daily Dispatch