Even when done legally, delivering and selling marijuana can still be dangerous. Some drivers are being held up at gunpoint and have to watch as their money, marijuana, and cars are stolen.
Marijuana Drone Delivery
But some industry members have begun investing in drones, and that could change many of those delivery problems...
A three-year-old medical marijuana delivery startup called Eaze plans to deliver medical marijuana through remotely piloted aircraft.
And it could make the projected $127 billion drone market skyrocket even higher...
Drone Stocks Could Soar as Marijuana Companies Start Investing in Drones
Marijuana is a cash-only business because it's still considered illegal under federal law.
And when a business is cash-only, it increases the odds it could be robbed. According to business development firm SIVA Enterprises, the odds of a cannabis dispensary getting burglarized in 2015 were 50%. In comparison, banks had a 34% chance of being burglarized in 2009, while convenience and liquor stores only had a 20% chance.
Unfortunately, cannabis delivery drivers are also being robbed.
According to CBS, a marijuana delivery driver for an unidentified service was robbed at gunpoint on Jan. 29, 2016, in San Francisco. The robbers reportedly pretended to be customers and stole the driver's wallet, phone, money, marijuana, and his car.
The marijuana was worth roughly $8,000.
However, companies like Eaze could limit the risk by investing in drones. A camera connected to the tiny aerial vehicle allows the operator to see who is awaiting a delivery.
If there were any would-be robbers, or if something seemed amiss, the drone driver could just fly it back to the dispensary. And not only would drone deliveries increase safety in the cannabis industry, they would also help companies save a massive amount of money.
According to Recode, if 66,000 USPS drivers cut just one mile a day off of their routes, the company would save a whopping $50 million per year.
Trending: The Next 3 States to Legalize Marijuana May Not Be What You Expect
There isn't an official launch date yet for Eaze's drone cannabis delivery service. But you don't have to wait for the marijuana industry to start mass-ordering drones for your next big profit opportunity.
We want Money Morning Members to know about something happening right now. Sources are saying there could be $127 billion in new wealth being created as we speak.
And this is beyond anything Money Morning Executive Editor Bill Patalon could have imagined...
Financial Guru Bill Patalon Just Uncovered Your Next Profit Opportunity
Before Patalon moved into the investment research business in December 2005, he spent 22 years as a journalist, most of it covering financial news as a reporter, columnist, and editor that included stints with Gannett Co. Inc. and The Baltimore Sun.
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He has covered finance and investing, economics, manufacturing, the defense sector, biotechnology, and telecommunications. The companies he's covered include Eastman Kodak, Xerox, Harley-Davidson, Caterpillar, Westinghouse Electric, Verizon, MedImmune, and Black & Decker.
His most memorable interviews include: former President Richard M. Nixon, General Electric CEO John F. "Jack" Welch, Forbes magazine publisher and former presidential candidate Steve Forbes, and business-turnaround specialist and helicopter-industry pioneer Stanley Hiller, Jr.
It was Patalon's work covering Eastman Kodak Co. during the latter half of the 1990s that solidified his reputation as one of the nation's top analytical business journalists. With his award-winning reports on Kodak's competitive travails, he consistently scooped his competitors in the national business media. His chronicles of Kodak's turnaround efforts took him to China, Japan, Silicon Valley, New York, Washington, D.C., and even Hollywood.
Along the way, he earned the esteem of heavyweights like Anthony Gallea, senior portfolio management director at Morgan Stanley, who collaborated on Patalon's 1999 ground-breaking book, "Contrarian Investing."
Patalon's ideas so impressed Jim Rogers that the hedge fund genius eagerly wrote a glowing six-page introduction to the book.
A winner of approximately two-dozen journalism awards - including top honors from the Associated Press and the prestigious Society of American Business Editors and Writers (SABEW) - he has had his work featured in Kiplinger's personal finance magazine, USA Today, and The South China Morning Post, among other publications.
Before taking over Money Morning, he served as the editor of The Rebound Report, an investment newsletter focused on turnaround stocks.
Patalon has a B.A. in Print Journalism from Penn State University, and an MBA in finance from the Rochester Institute of Technology.
Yes, he's uncovered a lot of investment stories. And he's even been nominated for two Pulitzer Prizes.
But he's never seen a story as potentially lucrative as this one...
The Next $127 Billion Profit Opportunity
In the barren, hostile plains of the New Mexico desert, not far from the Mexican border, they're building a city like no other.
A city with high rises, avenues, parks, a big-box store, churches, gas stations for a population of 35,000 at a ground-up cost exceeding $1 billion...
Made to look like so many other cities in America, except for one thing: people - there are none. It's a ghost town, and it always will be.
Here's what Patalon learned about this ghost town and what he believes is really going on.
Its location in New Mexico is the first key: The state scoops up tons of government research dollars straight from Washington.
And indeed, located in hardened shelters far beneath this empty city will be teams of top-secret scientists and federal contractors hard at work...
Driven by what they call "mother's milk" - the hopes of seeing billions of dollars in government funding coming their way. Plus many billions more in NEW wealth that they hope to create.
Patalon has identified the main group of scientists and researchers behind this project.
They are quite clearly inventing a BIG future with new technologies that stretch the imagination - new technologies that are about to be everywhere.
They call their ghost town "Project CITE."
It's the brainchild of the government contractor Marble Arch.
And when you learn how tight Marble Arch is with the Pentagon and how many massive government contracts Marble Arch has scooped up over the years, you know something big is happening here.
Big as in "$127 billion in new wealth for early investors" big, Patalon's findings suggest.
Marble Arch is run by Bob Brumley, who was President Reagan's point man for privatizing commercial space transportation. He's definitely a big thinker - like an Elon Musk with a direct line to government funding!
And this new venture of his is every bit as ambitious as space travel, with even bigger impact, because it's going to happen right before our eyes.
Now, as we mentioned, the specific details of this venture are not public. But after Patalon's investigation, he's incredibly confident it will involve the next big thing in tech, security, and investing.
He's talking about unmanned flying machines.
Yes, drones.
But not the drones you're probably thinking of. Not the kind the military uses to hunt down and kill enemy terrorists. Not any kind you've ever heard of before.
These are what Patalon calls "AI Drones" - a brand-new breed of amazingly intelligent and super-capable drones unlike anything ever witnessed, using artificial intelligence to accomplish more benefits for people, businesses, and human civilization than you could have ever imagined possible.
But there's another reason why these new drones will soon be everywhere.
I'm talking about a big event that just happened...
An event that's blowing the lid off the drone market not two years from now... not a year from now... not even six months from now...
IMMEDIATELY.
It's happening as we speak.
And Patalon has uncovered one tiny company sitting at the center of it all. You may never have a better shot at getting in on the ground floor of such a massive new market.
By getting in early, you could profit from the potential 4,636% gain that Patalon's projecting. A gain like this would be the equivalent of turning...
Every $50 you invest into $2,318...
Every $2,500 into $115,900...
And a $10,000 stake becomes $463,600.
As you know, these kind of quadruple-digit returns are exceptional and don't happen every day. But think about it - even a fraction of these gains could make you a fortune.
Plus this kind of spike makes perfect sense, when you think about it. This is investing in the next frontier in aviation - the next great leap forward.
Patalon sees dollar signs, pure and simple, which is why he put a briefing together for you, and this investment recommendation, as well...
Now, because this is a small stock, there will be volatility. So he'll also recommend a tight buying strategy. The last thing any investor wants to do is blindly chase a small stock upward with no plan in mind. And, as always, never investing more than one can afford to lose is good advice.
Here's everything you need to know about how you could pocket $115,900 from the next frontier in flight.
Investing in Drones Will Be Like Investing in Smartphones in 2009: If you've thought of drones in military terms or just as toys, this is a wake-up call. Because we're about to see seven million drones of all kinds taking flight. Based on all that's happening, the total drone market is projected to lift off from a lowly $2.3 billion today to a stratospheric $127 billion in this decade alone. In fact, it's the reason we're making this presentation TODAY - and why it's absolutely essential you pay close attention... and listen to this right now.
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