Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Marijuana Industry
Stocks: STZ

Big Alcohol Can Send the Price of Pot Stocks Even Higher

By Money Morning Staff Reports, Money Morning • November 28, 2018

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

With last month's legalization of marijuana throughout Canada and the rising tide of legalization in the United States over the last two years, pot stocks are primed to advance robustly.

The more legal pot becomes in North America, the more sales will rise.

pot stocksThe end result is a market expected to soar. ArcView Market Research forecasts that spending on legal cannabis could skyrocket almost 250% during the next five years.

The right cannabis stocks are going to soar right along with the spending.

But there are even more catalysts besides legalization...

3 Catalysts for Pot Stocks in 2019

The first catalyst is the increasing ability to conduct medical research with marijuana, which has risen in tandem with medical marijuana legalization.

Another is the ability of edibles - cakes, barbeque, candy, you name it - to contain marijuana and be sold over the counter in states where cannabis is legal.

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.
But the catalyst we're going to talk about today is the rising trend toward alcohol that contains marijuana.

Some "Big Alcohol" companies are starting to invest in cannabis already, and it's a big sign that corporations throughout the United States want in on the gold rush that legal marijuana is becoming.

Money Morning Defense and Tech Specialist Michael A. Robinson is one of the voices that has been talking about this for a while.

When we see enormous potential for profit, we let you know. That's what we're doing with pot stocks now.

THREE STOCKS: Any one of these cannabis companies could potentially deliver a 1,000% windfall. Click here to learn more...

Firms in the alcohol industry are putting a lot of money into the marijuana sector. It's one of the reasons why Constellation Brands Inc. (NYSE: STZ), a mainstream alcohol company, is moving toward investments in marijuana. It holds an interest in Canopy Growth Corp. (NASDAQ: CGC) and has also indicated it wants to up its stake.

STZ is going to offer $3.8 billion to increase the percentage of CGC it owns to 38%.

Constellation is the maker of well-known liquor and spirit brands like Corona beer, Robert Mondavi wines, and Svedka vodka. They sell globally.

And the marriage between "Big Alcohol" and legal cannabis makes perfect sense. Both marijuana and alcohol serve the same needs, and both industries are heavily regulated with intense scrutiny both from state and federal lawmakers.

As a result, the expertise required to succeed in one sector can also be used in the other.

Plus, Deloitte indicates that 60% of marijuana users likely won't smoke it. Instead, they will either eat it via edibles or perhaps drink it through beverages.

That's why marijuana has huge potential synergies with companies in the alcohol industry.

Constellation is already ahead of the curve.

But we believe other producers of beverages are likely to be moving into the marijuana industry in a big way...

How to Profit from the Cannabis Gold Rush

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

June 8, 2023 • By Nick Black

Why Elizabeth Warren is Wrong About Cryptocurrency (A Lesson in Hypocrisy)

June 8, 2023 • By Tom Gentile

Why High Dividend Yields Can Be Misleading

June 8, 2023 • By Shah Gilani

earnings
How to Deal With the Oil Market Right Now
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz