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Tags: Marijuana Industry

Oklahoma's Cannabis Legalization Is Just the Latest Step in This $10 Billion Revolution

By Money Morning Staff Reports, Money Morning • July 2, 2018

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Oklahoma joined the $10 billion cannabis revolution on June 26, becoming the 30th state to legalize medical marijuana.

In fact, doctors can recommend marijuana for any medical condition they see fit, which is considered very progressive for a "red state."

And it's just one more sign marijuana legalization is sweeping the nation, creating one of the greatest organic profit opportunities in generations.

The pro-marijuana group, Vote Yes on 788, estimated medical marijuana sales in the Sooner State would generate between $10 million and $30 million in revenue by the second year the program is up and running.

Oklahoma just voted to legalize medical cannabisUnder the new Oklahoma marijuana law, patients who receive state ID cards can legally possess three ounces of cannabis in public, according to Forbes.

Patients can also store up to eight ounces of cannabis at their homes, and they can designate a caregiver to purchase or grow medical marijuana for them.

Oklahoma legalizing medical cannabis now means 66% of the country has legalized medical marijuana in some form.

The 4 Cannabis Stocks to Buy Now: Profits of up to 1,000% could be likely this election year!

And Oklahoma joining the cannabis revolution opens the door for cannabis farmers, marijuana real estate firms, and dispensaries to make even more money.

Fortunately, Oklahoma is just one of the states voting to legalize cannabis this year, and you can still get in early...

This Is Going to Be a Profitable Election Year

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Legal marijuana sales in North America totaled $10 billion in 2017, and that's expected to skyrocket 145% to $24.5 billion by 2021.

That makes now the best time to stake your claim in the upcoming $24.5 billion industry to net the biggest potential long-term gains.

In fact, Money Morning Defense and Tech Specialist Michael Robinson believes it's time to double down or even triple down on your cannabis investments.

Because this is an election year.

And when legalization is on the ballot, cannabis stocks soar.

In 2016, nine states had legalization on the ballot, and the best-performing cannabis stocks soared 4,943%... 5,577%... up to 6,074% and more.

Now, if you're wondering what a 6,074% profit would mean for you, consider this...

It's enough to turn every $10,000 you invest into more than $607,000. 

And...

Every $25,000 turns into more than $1.5 million.

Of course, you could simply ignore this massive new mega-trend and forfeit the millions of dollars it could make you.

But we really don't want you to be stuck on the sidelines watching other investors pile up massive profits...

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