For Canadian Pot Stocks, These 13% Daily Gains Are Just the Beginning

Canada's Department of Finance presented its cannabis tax plan on Nov. 10, 2017, and shareholders of Canadian pot stocks cheered...

The Canadian government plans to add a $1 per gram excise tax on cannabis products, or 10% of the sale price, whichever is higher. That is lower than the 15% excise tax California plans to institute on Jan. 1 for all weed sales, no matter how many grams of cannabis are sold.

Canadian pot stocksPlus, the tax plan also reiterated the Canadian government's commitment to legalize marijuana by July 2018. That sent Canadian pot stocks jumping higher. Shares of Aurora Cannabis Inc. climbed as high as 20% on the Toronto Stock Exchange (TSX) after the news broke last Friday.

Fortunately for U.S. investors, you can bypass the TSX and easily own shares of Canadian cannabis stocks.

Through over-the-counter markets (OTCMKTS), Canadian cannabis companies like Aurora Cannabis Inc. (OTCMKTS: ACBFF) can sell shares to U.S. investors. With OTCMKTS, investors don't have to find a broker that trades on the TSX, convert U.S. dollars into Canadian dollars, or keep track of different tax laws.

Shares of ACBFF opened at $3.24 on Nov. 10 and closed at $3.68, for a 13.5% gain. Shares of Aurora on the TSX opened at $4.09 on Nov. 10 and closed at $4.64, for a 13.44% gain.

That's just in one day.

And by trading Canadian pot stocks on OTCMKTS, American investors have access to a potentially explosive event on July 1, 2018...

Canadian Pot Stocks Set to Skyrocket Thanks to July 1 Event

The gains for Aurora are just the beginning for Canadian marijuana stocks, as legalization will create a $22.6 billion market...

Canada's retail cannabis sector will be worth between $4.9 billion and $8.7 billion annually, according to consulting firm Deloitte.

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Marijuana-related services and products, like growers, testing labs, and security systems, will increase that total as high as $22.6 billion.

And when you factor in the revenue from cannabis-related tourism, taxes, and licensing fees, that number may be too conservative.

BREAKING: New Legislation Could Turn Tiny Pot Stocks into Millions. Click Here...

That's why the most long-term gains for Canadian cannabis stocks will be made by staking your claim right now...

How to Cash In on Canadian Pot Stocks

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Like with any investment, we always encourage our readers to do their due diligence before buying marijuana stocks.

Also, we never recommend risking more capital than you can afford to on speculative investments.

But thanks to this historic legislation, tiny pot stocks trading for under $5 are getting set to double, triple, or even quadruple.

Money Morning Director of Technology & Venture Capital Research Michael Robinson is our renowned pot stock expert and one of our most prominent and respected investing "gurus" here at Money Map Press.

And for good reason.

He's been a board member for a Silicon Valley venture capital firm and a senior advisor to 12 high-tech startups.

He's also a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style.

In an exclusive interview with Money Morning, Robinson shares all the good news - including details on five tiny weed stocks that could potentially turn a small stake into $100,000.

We've already seen gains throughout the market as high as 516%, 523%, 416%, 436%, 293%, and 272% - just to name a few.

But the recent news from our neighbors to the north could blow all that away.

For all you need to know to profit from the upcoming total legalization of marijuana in Canada, click here.

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