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Tags: Marijuana Industry

3 Backdoor Marijuana Stock Investments for Every Investor

By Jack Delaney, Sr. Cannabis Editor, Money Morning • April 30, 2018

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Legal marijuana sales are expected to skyrocket 145%, from $10 billion in 2017 to $24.5 billion in sales by 2021. Retail investors can still get in early, but many don't like the unpredictability of marijuana penny stocks.

That's why I wanted to reach out to my connections in the cannabis industry and find "backdoor" marijuana stock investments for every type of investor.

Marijuana

These companies profit from the cannabis industry, but their stock prices are normally less volatile than penny stocks.

And the first two companies our experts told us about have been two of our favorite cannabis plays for a long time...

The Best Marijuana Stock Backdoor Investments in 2018

The first cannabis expert I talked to was Wil Ralston.

He is the president of SinglePoint Inc. (OTCMKTS: SING), a cannabis and technology holding company. SinglePoint specializes in acquisitions of small- to mid-sized companies, with an emphasis on mobile technologies and emerging markets.

With that sort of focus on the cannabis industry, it's no wonder Ralston is plugged into the best profit opportunities.

And it's no wonder he's keying in on two companies we've been recommending as backdoor marijuana plays...

"From Scotts Miracle-Gro Co.'s (NYSE: SMG) investment in cannabis agriculture to Microsoft Corp.'s (Nasdaq: MSFT) partnership with KIND, we're seeing traditional blue-chip companies getting involved in the industry with increasing confidence. As individual states continue to legalize cannabis, we'll likely see this trend continue. Anyone interested in investing in these companies is best served keeping abreast of news developments and watching the almost inevitable growth that occurs for companies willing to take the leap into the cannabis space," Ralston said.

We provided all the details on why SMG and MSFT are the top "pick-and-shovel" plays in the cannabis industry on March 8, and it's good to see Ralston is watching them too.

Pick-and-shovel plays profit off the cannabis industry without selling marijuana directly.

That makes them less risky to own.

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

The next person I spoke to about backdoor marijuana investments was Frank Lane. He's the president of CFN Media Group, a leading creative agency and media network dedicated to legal cannabis.

And because of upcoming legalization in Canada, you can't afford to miss what he told me...

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

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4 Comments
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Janet CRAPO
Janet CRAPO
5 years ago

What effect will Bill C45 in the US have on marijuana stocks in Canada and the US? Which ones will benefit?

0
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Howard Blair
Howard Blair
5 years ago

I have read and listen to several of your stories, and yet to have seen where I can invest.

0
Reply
Jack
Jack
5 years ago
Reply to  Howard Blair

Hi Howard,

You can use this to find a brokerage account to purchase marijuana stocks.
https://moneymappress.com/brokerage-firms/

Hope that helps.

Regards,
Jack

0
Reply
John Pearson
John Pearson
5 years ago

how do I INVEST

0
Reply


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