The Dow Jones Industrial Average 80 points in premarket trading after the U.S. and Canada failed to negotiate a trade deal by last Friday's White House- imposed deadline.
Archives for September 2018
September 2018 - Page 16 of 16 - Money Morning - Only the News You Can Profit From
Congratulations, You're Rich - Here's How to Stay That Way
You'll be shocked to find out how some rich folks invest their hard-earned money.
The U.S. Cannabis IPO Wave Will Be a Massive Payday
Canada's fully legal "adult use" marijuana market throws the wild success of Canadian cannabis stocks into sharp relief…
In just the past year, Canopy Growth is up over 416%.
Cronos Group is up over 301% in that same time.
And Tilray, which only went public in mid-July, is up 577%.
These gains raise an important question: How can you make money on U.S.-based cannabis companies during this historic growth cycle?
After all, at about $8.5 billion, the United States cannabis industry is already larger than the Canadian market is projected to grow by 2022. And that growth isn't going to slow down anytime soon – Arcview Market Research and BDS Analytics project that cannabis spending in the United States will reach $23.4 billion by 2022, a 275% increase in just five years.
That's an extremely conservative estimate, by the way, in that it assumes few, if any, additional states will legalize cannabis for recreational use. But because other states are coming on board and will likely continue to do so, other estimates have the market growing to $50 billion by 2022 – a 42.5% annual growth rate.
Yet there are no fewer than seven Canadian cannabis companies with a market value in excess of $1 billion, compared with only one U.S.-based outfit.
I'm looking for that to change – in a big way.
This will give you an idea of the size of the potential opportunity on our hands...
Now Is the Time to Get In Early on This Company Before It Makes a Major Announcement
We could see a tiny company go absolutely vertical…
Already, biotech insiders are swarming…
In fact, they've grabbed up nearly 9 out of 10 available shares...
This Diamond Play Will Reward Bold, Forward-Thinking Investors
Apparently diamonds really aren't forever. Although De Beers is known for its wildly successful "A Diamond Is Forever" campaign, the truth is the company helped create a market that it nearly monopolized. But over time, supply from other diamond miners added considerably to supply, eventually contributing to a decrease in the value of De Beers' […]