The high-flying cannabis sector is full of insurgent micro caps, mid caps with prospects running the gamut from poor to excellent, and an assortment of big caps with an appetite for acquisition, driving a lucrative, "full-speed ahead" consolidation trend.
Last week, I showed you exactly how to read these firms' earnings reports, to find the very best of everything the legal weed sector has on offer. (Of course, you could always click here and learn how to access our restricted research; let us do the legwork.)
But there's another, even bigger weight class in the business - one where it still pays to heed the traditional metrics, the "old school" rules of valuation...
Call them the "green blue chips," big companies with a presence outside the sector, but which boast management with the vision to see the truckloads of profits possible in cannabis.
I've done the research to pick one of the very best of these firms to recommend to you today: a big, rich player that's only going to get bigger and richer.
It'll do the same for you.
If there's only one cannabis company you own all the way through your retirement, THIS is it...
About the Author
Greg Miller started working on Wall Street in September, 1987, just a month before the “Black Monday” stock market crash.
During his career there, he became an expert in just about every kind of publicly traded security - from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.
After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies. He’s always been dedicated to deep, fundamental research - and he always will be - because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.