As I've mentioned numerous times by now, Canada is right at the doorstep of becoming the first G7 nation where the use of recreational cannabis is legalized for the entire country.
I can't emphasize enough how big this is.
In fact, the recreational marijuana market in Canada could be valued at anywhere between $5 billion and $10 billion per year.
The company that I'll be talking about today is one that I first recommended to my Nova-X Report readers way back in 2016.
The company has recently gone through some exciting developments and can take advantage of the massive potential of the marijuana market.
You see, on May 24, the company uplisted, and its shares are currently trading on the New York Stock Exchange, in addition to trading on the Toronto Stock Exchange.
Here's why this move will maximize this stock's profit potential.
You see, uplisting will benefit the stock's price, liquidity, and potential appreciation.
First, by moving up to stronger and more recognizable exchanges, the stock will broaden its available shareholder base.
Second, the exchanges and market participants are more likely to offer greater liquidity and price discovery and be more active in supporting and trading the stock.
So let's take a look at this Canadian pot stock and its potential for massive gains…
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.