California's Bureau of Cannabis Control is racing to have The Golden State prepared for recreational marijuana sales on Jan. 1, 2018. And that's creating a new marijuana stock opportunity for investors who know where to look...
The Bureau just issued 20 temporary licenses on Dec. 14.
Now, we know what you're thinking: 20 licenses for the state with the largest U.S. population (37 million) isn't a lot.
However, we are still in the early stages of what some are calling the new "California gold rush."
These 20 licenses are just a fraction of the thousands of licenses expected to be issued over the next year, according to The Associated Press.
And as more businesses sell recreational cannabis, California could experience a $20 billion windfall in legal marijuana sales, according to ICF International.
Fortunately, you don't have to own a dispensary to cash in on this cannabis gold rush.
Breaking: California Marijuana Legislation Sparks the Most Profitable Opportunity of 2018. Click Here for Details...
"We are witnessing a historic moment in time when investors will get their last chance to invest in bona fide penny pot stocks before the best ones start trading for $10... $15... $20... even $100 is possible," Money Morning Director of Technology & Venture Capital Research Michael A. Robinson said.
Here's how to stake your claim before the prices of pot stocks skyrocket...
Three Marijuana Stocks to Own Before Legalization in California
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After pouring over revenue, capital expenditures, and stock charts for the last year, Robinson has found three specific firms that stand to make the most gains from the California cannabis explosion.
One is a grower, one is a holding company, and the third is a unique specialty firm that Robinson says "will soon rule the entire legal cannabis world."
Now, two trade for under $1 right now, and one trades for under $2 a share. But our pot stock expert wants to make it very clear that penny stocks are risky and more volatile than your run-of-the-mill stocks, so it's important to pay attention to his buy-up-to price - and remember, you don't need to and shouldn't "bet the farm."
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Because when billions of dollars starts pouring into the California marijuana market, these small companies could see their revenue quadruple.
By putting just a small stake in these California pot stocks now, investors could make truly life-changing gains.
We've already seen people accumulate massive gains from previous marijuana legalization announcements, but this event is about to blow the lid off of anything we've seen so far.
With billions of dollars in revenue projected to flow into this industry, learning how to get in on the ground floor - before these tiny stocks shoot up - is your best shot at life-altering gains.
Money Morning just conducted an interview with one of America's leading pot stock experts who has already shown his followers massive gains from the previous legalization announcements.
If you're serious about learning how to make millions from the marijuana markets, it's imperative you go here now.