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If you're looking to make a fortune in the market, the booming legal and medicinal marijuana space is the perfect place.
A $10.4 billion industry has emerged in recent years thanks to a wave of legalizations across the United States.
A total of 11 states and Washington, D.C. have fully legalized recreational marijuana. That figure is expected to swell as 33 states already allow medicinal marijuana.
According to the company Meticulous Research, the global legal cannabis market is expected to increase by 28.3% each year from 2019 to 2025. They're expecting a $75.6 billion market by 2025.
Once in a Lifetime Summit: Cannabis IPO Expert Danny Brody has turned little-known startups into booming $1.6 billion businesses. Here's how you can make YOUR fortune on today's cannabis underdogs. Click here to check it out...
I'm always looking for stocks that are directly or indirectly tied to this industry.
However, cannabis investing has been increasingly volatile. That's why we rely on a secret weapon to tell us which marijuana stocks to buy...
I use the Money Morning Stock VQScore™ .
This proprietary system assigns every stock a rating from 1 to 4.9. The higher the VQScore, the better the opportunity.
Most marijuana stocks don't make this list because they're not profitable.
But today, we're unveiling the very first pure marijuana stock ever to record a "Strong Buy" score.
Buy This Deep Value Marijuana Stock
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.