As the spread of legalization accelerates, we are starting to see some truly healthy and robust state-level recreational cannabis markets.
Colorado, California, and Nevada all recently reported record-breaking sales.
And that's just what's going on now. The future looks even brighter.
After all, Michigan's voters just legalized recreational-use marijuana… and Massachusetts kicked off its recreational sales just last week.
With all these taxable sales, these states are seeing considerable tax revenue – or will very soon.
Meanwhile, sales are rising for top cannabis companies – and the gains are stacking up for investors who got in early…
About the Author
Michael A. Robinson is a 35-year Silicon Valley veteran and one of the top technology financial analysts working today. He regularly delivers winning trade recommendations to the Members of his monthly tech investing newsletter, Nova-X Report, and small-cap tech service, Radical Technology Profits. In the past two years alone, his subscribers have seen over 100 double- and triple-digit gains from his recommendations.
As a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs and high-profile industry insiders. In fact, he was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon. And he was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
In addition to being a regular guest and panelist on CNBC and Fox Business Network, Michael is also a Pulitzer Prize-nominated writer and reporter. His first book, "Overdrawn: The Bailout of American Savings" warned people about the coming financial collapse - years before "bailout" became a household word.
You can follow Michael's tech insight and product updates for free with his Strategic Tech Investor newsletter.